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Stacker Market

Stacker Market Size, Share, Competitive Landscape and Trend Analysis Report, by type and End User : Global Opportunity Analysis and Industry Forecast, 2019-2026

CM : Engineering, Equipment and Machinery

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Author's: Priyanka Khandelwal | Sonia Mutreja
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Stacker Market Outlook - 2026

The Global Stacker Market Size was valued at $2,033.1 million in 2018, and is projected to reach $ 3,136.2 million by 2026, growing at a CAGR of 5.3% from 2019 to 2026. A stacker is a material handling machine, which is available in a variety of patterns with hydraulic and electric technologies. These material handling machines are used in shop floors, factories, warehouses, transportation hubs, manufacturing, and logistics. In addition, stackers are designed with varied lifting capacities for material handling for construction applications, worksites, and maintenance applications.

The adoption of compact material handling equipment has gained traction in recent years, owing to their easier maintenance, movability, as well as similar performance compared to heavy machinery. Moreover, unlike heavy machineries, compact material handling equipment, such as stackers, do not require certified operators and are significantly easier to operate. In addition, lower costs of stackers compared to other conventional material handling equipment boosts their popularity among end-users.

Stacker Market

The global stacker market is also driven by the rise in infrastructure projects globally. Rapid growth in population and economy, globally, has led to increase in infrastructure related projects, especially in emerging economies. For instance, in the year 2018, the Government of China approved 27 infrastructure projects estimated $ 219 billion to rescue its slowing economy. Thus, increase in number of residential complexes, construction of roads, and development of infrastructure, especially in emerging economies such as India, China, Bangladesh, and Africa, are expected to drive the stacker market growth. However, the adoption of forklift for material handling is anticipated to hamper the stacker market growth. 

Stacker Market
By Type
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Electric segment is projected to grow at a significant CAGR

Furthermore, battery operated stackers are gaining popularity in end user industries, owing to its ability to handle double pallet and horizontal transport. Many companies are focusing on development of stackers with features such as robust construction, smooth functioning, and enhanced durability. For instance, in May 2019, Raymond Corporation, a Toyota company, launched Raymond Courier 3030 stacker. The product is next-generation automated lift truck stacker and allows horizontal transport and vertical pallet lift. Further, it provides a lift height up to 72 inches and has a weightlifting capacity of 2,500 pounds. 

Stacker Market
By End-user
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Retail & Wholesale segment holds dominant position in 2018

The global stacker market is segmented into type, end-user, and region. Depending on type, it is segmented into electric, manual/hydraulic, and semi-electric. On the basis of end-user, it is categorized into retail & wholesale, logistics, automobile, food & beverages, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific had the largest share in terms of revenue in 2018. The demand for stackers is growing, owing to high economic growth in Asia-Pacific, such as China, India, Japan, Malaysia, and Australia, as these countries are expected to boost the growth of the market due to increase in demand for residential construction. In addition, the construction market in China, India, and other Southeast Asian countries experiences rapid growth rate, owing to significant number of ongoing infrastructure development projects.

Stacker Market
By Region
North America

Asia-Pacific holds a dominant position in 2018 and is expected to grow at a highest rate during the forecast period.

Competition Analysis

The key players profiled in the stacker market report include CLARK Material Handling Company, Crown Equipment Corporation, Doosan Corporation, Godrej and Boyce Manufacturing Company Limited, Hangcha Group Co., Ltd, Hyster-Yale Materials Handling, Inc, Jungheinrich AG, KION Group AG, Mitsubishi Logisnext Co., Ltd, and Toyota Industries Corporation. 

The major players operating in the global stacker market have adopted key strategies such as product development to strengthen their market outreach and sustain the stiff competition in the market. For instance, in May 2017, Hyster Europe, a brand of Hyster-Yale, launched S1.2IL, S1.4IL, and S1.6IL models with initial lifts. These products offer low energy consumption and provide acceleration speed of up to 6km/h. S1.6IL provides a reach height of up to 6 meters.  Similarly, in May 2019, U.S. based Crown Equipment Corporation launched new DS 3040 double stacker, which is produced and developed in Germany. It features load capacity of up to 2 tons and lift height of up to 2.3 meters. It also offers high stability for medium-heavy applications such as shelf replenishment, pallet transport, and lorry unloading.

Key Benefits for Stakeholders:

  • The report provides an extensive analysis of the current and emerging stacker market trends and dynamics.  
  • In-depth stacker market analysis is conducted by constructing estimations for the key segments between 2018 and 2026. 
  • Extensive analysis of the stacker market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
  • The global stacker market forecast analysis from 2018 to 2026 is included in the report.
  • Key players operating in the global market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the stacker industry. 

Global Stacker Market Segments:

By Type

  • Electric
  • Manual/Hydraulic
  • Semi-Electric

By End-User

  • Retail & Wholesale
  • Logistics
  • Automobile
  • Food & Beverages
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Rest of Asia-Pacific
    • Latin America
    • Middle East 
    • Africa

Key Players

  • CLARK Material Handling Company
  • Crown Equipment Corporation
  • Doosan Corporation
  • Godrej and Boyce Manufacturing Company Limited
  • Hangcha Group Co., Ltd
  • Hyster-Yale Materials Handling, Inc
  • Jungheinrich AG
  • KION Group AG
  • Mitsubishi Logisnext Co., Ltd
  • Toyota Industries Corporation

Stacker Market Report Highlights

Aspects Details
  • Electric
  • Manual/Hydraulic
  • Semi-Electric
  • Retail & Wholesale
  • Logistics
  • Automobile
  • Food & Beverage
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players

CLARK Material Handling Company, KION Group AG (Linde Material Handling GmbH), Godrej and Boyce Manufacturing Company Limited, Mitsubishi Logisnext Co., Ltd., Jungheinrich AG, Crown Equipment Corporation, Doosan Corporation (Doosan Industrial Vehicle), Toyota Industries Corporation (Toyota Material Handling Group), Hyster-Yale Materials Handling, Inc., Hangcha Group Co., Ltd.

Analyst Review

The market has witnessed a significant growth over the past decade, owing to the rise in advantages of stackers such as minimization of the probability of product/equipment damage, efficient productivity, reduction of workplace accidents, and traffic management in warehouses. Moreover, increase in investments in infrastructure development activities are expected to drive the growth of the market. In addition, technological advancements and new innovations in stackers is further expected to accelerate the growth of the global market. Therefore, leading manufacturers of stackers in the market are developing compact and affordable stackers to cater to a large customer base.

Growth in adoption of semi electric stackers is expected to provide lucrative growth opportunities for the market, owing to its inexpensiveness and features such as handle-castor chain assist steering system, chain connect side wheel and handle, and easy operating foot brake. The key market players are also focused toward developing new products to enhance their product portfolios to increase their market potential in terms of regional and customer base expansion.

Among the analyzed regions, Asia-Pacific is expected to account for the highest CAGR in the global market throughout the forecast period.

Author Name(s) : Priyanka Khandelwal | Sonia Mutreja
Frequently Asked Questions?

The factors that are anticipated to drive the stacker market trends are increased focus toward robust and compact material handling equipment

The top 5 emerging investment markets in the stacker market are China, India, Africa, Mexico, and South Korea.

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The applications of the stacker market are retail & wholesale, logistics, automobile, food & beverages, and others.

By region, Asia-Pacific had the largest share in terms of revenue in 2018.

On the basis of top growing big corporation we select top 10 players.

The key growth strategies adopted by the stacker market players are product launch and business expansion.

The report contains an exclusive company profile section, where leading 10 companies in the market are profiled.

The total market value of the stacker market in 2018 is $2,033.1 million.

The key trends in the stacker market are the rising adoption of battery-operated stackers and the ability of stackers to handle double pallet and horizontal transport.

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Stacker Market

Global Opportunity Analysis and Industry Forecast, 2019-2026