The Global Warehouse Racking Market is expected to grow by $ 1.35 bn during 2020-2024 progressing at a CAGR of 5% during the forecast period
May 12, 2020, 14:10 ET
NEW YORK, May 12, 2020 /PRNewswire/ -- Global Warehouse Racking Market 2020-2024
The analyst has been monitoring the warehouse racking market and it is poised to grow by $ 1.35 bn during 2020-2024 progressing at a CAGR of 5% during the forecast period. Our reports on warehouse racking market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Read the full report: https://www.reportlinker.com/p05096207/?utm_source=PRN
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for storage and warehousing, convenience in consumption and changing consumer preferences. In addition, increasing demand for storage and warehousing is anticipated to boost the growth of the market as well.
The warehouse racking market analysis includes end-user segment and geographic landscapes
The warehouse racking market is segmented as below:
By End-user
• Automotive industry
• Food and beverage industry
• Retail industry
• Other industries
By Geographic Landscapes
• APAC
• Europe
• North America
• South America
• MEA
This study identifies the increasing adoption of omnichannel strategies as one of the prime reasons driving the warehouse racking market growth during the next few years. Also, popularity of warehouse management system and demand for retail space will lead to sizable demand in the market.
"The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our warehouse racking market covers the following areas:
• Warehouse racking market sizing
• Warehouse racking market forecast
• Warehouse racking market industry analysis"
Read the full report: https://www.reportlinker.com/p05096207/?utm_source=PRN
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