Product Code: ETC041825 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India is one of the fastest-growing markets for industrial racking systems. The market is expected to grow at a CAGR of 8.5% during 2020?2026 as the country?s manufacturing and retail sectors continue to expand, creating demand for efficient storage solutions. India?s warehouse industry has been growing exponentially in recent years ? with various global players setting up their warehouses in the country, leading to increased demand for industrial rackings systems from multiple industries such as automotive, food & beverage, eCommerce, logistics & transportation etc.
The major drivers driving growth in India`s industrial racking system market are increasing use of advanced inventory management techniques by companies; rising consumerism resulting in increased storage needs; surge in organized retail formats; and government initiatives such as Make In India campaign and GST implementation that have encouraged manufacturers to set up warehouses across the country. Additionally, technological advancements within this sector (such as automated systems) are facilitating faster retrieval times which further contributes towards market growth.
Some key vendors operating within this space include Godrej Interio Pvt Ltd., SSI Schaefer Systems International Pvt Ltd., Dexion India Pvt Ltd., Gondola Shelving Solutions Private Limited and 3D Logistics Solution Private Limited amongst others catering to requirements arising out varied industries including FMCG sector where logistic cost management plays a vital role when competing against established players offering goods similar quality products but much lower prices than competitors selling same kind of product at higher price range.
The Covid-19 pandemic has had both positive and negative impacts on the Indian Industrial Racking System Market , depending upon its end user applications . For instance - surge in online shopping activity witnessed due to lockdown imposed during initial stages led many local businesses switch operations towards digital platforms thus boosting demand for efficient storage solutions offered by these racks , however extensive shutdown
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Industrial Racking System Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Racking System Market Revenues & Volume, 2020 & 2030F |
3.3 India Industrial Racking System Market - Industry Life Cycle |
3.4 India Industrial Racking System Market - Porter's Five Forces |
3.5 India Industrial Racking System Market Revenues & Volume Share, By System Type, 2020 & 2030F |
3.6 India Industrial Racking System Market Revenues & Volume Share, By Industry Verticals, 2020 & 2030F |
4 India Industrial Racking System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Industrial Racking System Market Trends |
6 India Industrial Racking System Market, By Types |
6.1 India Industrial Racking System Market, By System Type |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Racking System Market Revenues & Volume, By System Type, 2020-2030F |
6.1.3 India Industrial Racking System Market Revenues & Volume, By Cantilever Racking System, 2020-2030F |
6.1.4 India Industrial Racking System Market Revenues & Volume, By Drive-in/Drive-thru Racking System, 2020-2030F |
6.1.5 India Industrial Racking System Market Revenues & Volume, By Selective Racking System, 2020-2030F |
6.1.6 India Industrial Racking System Market Revenues & Volume, By Push Back Racking System, 2020-2030F |
6.1.7 India Industrial Racking System Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Industrial Racking System Market, By Industry Verticals |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Racking System Market Revenues & Volume, By Retail, 2020-2030F |
6.2.3 India Industrial Racking System Market Revenues & Volume, By Manufacturing, 2020-2030F |
6.2.4 India Industrial Racking System Market Revenues & Volume, By Packaging, 2020-2030F |
6.2.5 India Industrial Racking System Market Revenues & Volume, By Food & Beverages, 2020-2030F |
6.2.6 India Industrial Racking System Market Revenues & Volume, By Pharmaceuticals, 2020-2030F |
6.2.7 India Industrial Racking System Market Revenues & Volume, By Others, 2020-2030F |
7 India Industrial Racking System Market Import-Export Trade Statistics |
7.1 India Industrial Racking System Market Export to Major Countries |
7.2 India Industrial Racking System Market Imports from Major Countries |
8 India Industrial Racking System Market Key Performance Indicators |
9 India Industrial Racking System Market - Opportunity Assessment |
9.1 India Industrial Racking System Market Opportunity Assessment, By System Type, 2020 & 2030F |
9.2 India Industrial Racking System Market Opportunity Assessment, By Industry Verticals, 2020 & 2030F |
10 India Industrial Racking System Market - Competitive Landscape |
10.1 India Industrial Racking System Market Revenue Share, By Companies, 2023 |
10.2 India Industrial Racking System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |