Middle East & Africa Industrial Racking Market by Product Type, End-Use, and Country-wise Insights: Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the Middle East & Africa industrial racking market. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Industrial Racking Market Size (2024E): USD 735.3 Million
Projected Market Value (2031F): USD 1335.5 Million
Global Market Growth Rate (CAGR 2024 to 2031): 8.90%

Industrial Racking Market - Report Scope:

Industrial racking systems are essential for the efficient storage and organization of goods and materials in warehouses, distribution centers, and manufacturing facilities. These systems include various types of racks, such as pallet racking, cantilever racking, and drive-in racking, designed to maximize space utilization and improve operational efficiency. The industrial racking market caters to sectors like retail, automotive, pharmaceuticals, and food & beverage, offering solutions that enhance inventory management and streamline supply chain operations.

Market Growth Drivers:

The Middle East & Africa industrial racking market is propelled by several key factors, including the rapid growth of e-commerce and retail sectors, which drive demand for advanced warehousing solutions. The expansion of infrastructure projects and industrial facilities in the region further fuels the need for efficient storage systems. Technological advancements in racking systems, such as automated storage and retrieval systems (ASRS) and smart racking solutions, contribute to market growth by improving space utilization and operational efficiency. Additionally, increasing investments in logistics and supply chain management are expected to create new opportunities for industrial racking providers.

Market Restraints:

Despite promising growth prospects, the industrial racking market faces challenges related to high initial investment costs and maintenance requirements. The complexity of racking system installation and the need for regular inspections and repairs can pose barriers to market entry, particularly for small and medium-sized enterprises. Moreover, regulatory compliance related to safety standards and structural integrity can impact market dynamics. Addressing these challenges requires collaboration between industry stakeholders and adherence to best practices to ensure safety and cost-effectiveness in racking solutions.

Market Opportunities:

The industrial racking market presents significant growth opportunities driven by evolving market trends and technological innovations. The increasing adoption of automated and smart racking systems offers opportunities for market players to enhance product offerings and cater to diverse customer needs. Furthermore, the growing emphasis on sustainable and eco-friendly storage solutions aligns with regional environmental policies and consumer preferences. Strategic partnerships, investment in research and development, and the introduction of cost-effective racking solutions are essential to capitalize on emerging opportunities and drive market expansion.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the industrial racking market in the Middle East & Africa?
Which types of racking systems and applications are experiencing the highest demand in the region?
How are technological advancements reshaping the competitive landscape of the industrial racking market?
Who are the key players contributing to the industrial racking market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the Middle East & Africa industrial racking market?

Competitive Intelligence and Business Strategy:

Leading players in the Middle East & Africa industrial racking market, including SSI SCHAEFER, Dematic, and Stow Group, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced racking solutions, such as automated systems and high-density storage solutions, catering to diverse industrial needs. Collaborations with logistics providers, construction firms, and distribution centers facilitate market access and promote technology adoption. Additionally, emphasis on customer service, quality assurance, and compliance with regional standards fosters market growth and enhances customer satisfaction.

Key Companies Profiled:

Mecalux, S.A.
Kardex AG
Jungheinrich AG
Daifuku Co., Ltd.
SSI Schaefer
Godrej Group
Nilkamal Storage Systems Private Limited
SILVER LINING Storage Solutions
SNR International Services LLC
Giraffe Storage Solutions
Storewel Racking & Shelvings
Arcoma

Middle East & Africa Industrial Racking Market Segmentation

By Design

Selective Racking
Cantilever Racking
Push Back Racking
Narrow & Wide Aisle Racking
Drive-In-Racking
Pallet Flow Racking
Carton Flow Racking
Mobile Racking
Rack Supported Warehouse
Misc (Piegon hole racking, etc.)

By Carrying Capacity

Light Duty (40 to 200 kg)
Medium Duty (0.25 to 1 Ton)
Heavy Duty (2-4 Tons)

By End Use

Automotive
Construction
Chemical & Pharmaceutical
Food & Beverage
Ecommerce
3PLs
Textile
Paper & Pulp
Defense & Railways
Cold Storage
Other Manufacturing

By Ownership

Direct Ownership
Rentals

By Region

Kingdom of Saudi Arabia
United Arab Emirates
Rest of GCC
Rest of Middle East & Africa

Product Code: PMRREP34368

1. Executive Summary

1.1. Middle East & Africa Industrial Racking Systems Market Snapshot, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Product Lifecycle Analysis
2.3. Industrial Racking Systems Market: Value Chain
- 2.3.1. List of Manufacturers
- 2.3.2. List of Distributors
- 2.3.3. Profitability Analysis
2.4. Macro-Economic Factors
- 2.4.1. Middle East & Africa Sectorial Outlook
- 2.4.2. Middle East & Africa GDP Growth Outlook
- 2.4.3. Middle East & Africa Parent Market Overview
2.5. Forecast Factors - Relevance and Impact
2.6. Covid-19 Impact Assessment
2.7. PESTLE Analysis
2.8. Porter Five Force's Analysis
2.9. Geopolitical Tensions: Market Impact
2.10. Regulatory and Technology Landscape

3. Market Dynamics

3.1. Drivers
3.2. Restraints
3.3. Opportunities
3.4. Trends

4. Price Trend Analysis, 2019-2031

4.1. Key Highlights
4.2. Key Factors Impacting Product Prices
4.3. Prices By Design/Carrying Capacity/Sales
4.4. Regional Prices and Product Preferences

5. Middle East & Africa Industrial Racking Systems Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

5.1. Key Highlights
- 5.1.1. Market Volume (Racks) Projections
- 5.1.2. Market Size and Y-o-Y Growth
- 5.1.3. Absolute $ Opportunity
5.2. Market Size (US$ Mn) Analysis and Forecast
- 5.2.1. Historical Market Size Analysis, 2019-2023
- 5.2.2. Current Market Size Forecast, 2024-2031
5.3. Middle East & Africa Industrial Racking Systems Market Outlook: Design
- 5.3.1. Introduction / Key Findings
- 5.3.2. Historical Market Size (US$ Mn) and Volume (Racks) Analysis By Design, 2019-2023
- 5.3.3. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Design, 2024-2031
  - 5.3.3.1. Selective Racking
  - 5.3.3.2. Cantilever Racking
  - 5.3.3.3. Push Back Racking
  - 5.3.3.4. Narrow & Wide Aisle Racking
  - 5.3.3.5. Drive-In-Racking
  - 5.3.3.6. Pallet Flow Racking
  - 5.3.3.7. Carton Flow Racking
  - 5.3.3.8. Mobile Racking
  - 5.3.3.9. Rack Supported Warehouse
  - 5.3.3.10. Misc.
5.4. Market Attractiveness Analysis: Design
5.5. Middle East & Africa Industrial Racking Systems Market Outlook: Carrying Capacity
- 5.5.1. Introduction / Key Findings
- 5.5.2. Historical Market Size (US$ Mn) and Volume (Racks) Analysis By Carrying Capacity, 2019-2023
- 5.5.3. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Carrying Capacity, 2024-2031
  - 5.5.3.1. Light Duty
  - 5.5.3.2. Medium Duty
  - 5.5.3.3. Heavy Duty
5.6. Market Attractiveness Analysis: Carrying Capacity
5.7. Middle East & Africa Industrial Racking Systems Market Outlook: Sales
- 5.7.1. Introduction / Key Findings
- 5.7.2. Historical Market Size (US$ Mn) and Volume (Racks) Analysis By Sales, 2019-2023
- 5.7.3. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Sales, 2024-2031
  - 5.7.3.1. Direct Ownership
  - 5.7.3.2. Rentals
5.8. Market Attractiveness Analysis: Sales
5.9. Middle East & Africa Industrial Racking Systems Market Outlook: End Use
- 5.9.1. Introduction / Key Findings
- 5.9.2. Historical Market Size (US$ Mn) and Volume (Racks) Analysis By End Use, 2019-2023
- 5.9.3. Current Market Size (US$ Mn) and Volume (Racks) Forecast By End Use, 2024-2031
  - 5.9.3.1. Automotive
  - 5.9.3.2. Chemical & Pharmaceutical
  - 5.9.3.3. Food & Beverage
  - 5.9.3.4. Ecommerce
  - 5.9.3.5. 3PLs
  - 5.9.3.6. Textile
  - 5.9.3.7. Paper & Print
  - 5.9.3.8. Defense & Railways
  - 5.9.3.9. Cold Storage
  - 5.9.3.10. Other Manufacturing
5.10. Market Attractiveness Analysis: End Use

6. Middle East & Africa Industrial Racking Systems Market Outlook: Region

6.1. Key Highlights
6.2. Historical Market Size (US$ Mn) and Volume (Racks) Analysis By Region, 2019-2023
6.3. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Region, 2024-2031
- 6.3.1. Kingdom of Saudi Arabia
- 6.3.2. United Arab Emirates
- 6.3.3. Rest of GCC Countries
- 6.3.4. South Africa
- 6.3.5. Northern Africa
- 6.3.6. Rest of MEA
6.4. Market Attractiveness Analysis: Region

7. Kingdom of Saudi Arabia Industrial Racking Systems Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Racks) Analysis By Market, 2019-2023
- 7.3.1. By Design
- 7.3.2. By Carrying Capacity
- 7.3.3. By Sales
- 7.3.4. By End Use
7.4. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Design, 2024-2031
- 7.4.1. Selective Racking
- 7.4.2. Cantilever Racking
- 7.4.3. Push Back Racking
- 7.4.4. Narrow & Wide Aisle Racking
- 7.4.5. Drive-In-Racking
- 7.4.6. Pallet Flow Racking
- 7.4.7. Carton Flow Racking
- 7.4.8. Mobile Racking
- 7.4.9. Rack Supported Warehouse
- 7.4.10. Misc.
7.5. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Carrying Capacity, 2024-2031
- 7.5.1. Light Duty
- 7.5.2. Medium Duty
- 7.5.3. Heavy Duty
7.6. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Sales, 2024-2031
- 7.6.1. Direct Ownership
- 7.6.2. Rentals
7.7. Current Market Size (US$ Mn) and Volume (Racks) Forecast By End Use, 2024-2031
- 7.7.1. Automotive
- 7.7.2. Chemical & Pharmaceutical
- 7.7.3. Food & Beverage
- 7.7.4. Ecommerce
- 7.7.5. 3PLs
- 7.7.6. Textile
- 7.7.7. Paper & Print
- 7.7.8. Defense & Railways
- 7.7.9. Cold Storage
- 7.7.10. Other Manufacturing
7.8. Market Attractiveness Analysis

8. United Arab Emirates Industrial Racking Systems Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Racks) Analysis By Market, 2019-2023
- 8.3.1. By Design
- 8.3.2. By Carrying Capacity
- 8.3.3. By Sales
- 8.3.4. By End Use
8.4. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Design, 2024-2031
- 8.4.1. Selective Racking
- 8.4.2. Cantilever Racking
- 8.4.3. Push Back Racking
- 8.4.4. Narrow & Wide Aisle Racking
- 8.4.5. Drive-In-Racking
- 8.4.6. Pallet Flow Racking
- 8.4.7. Carton Flow Racking
- 8.4.8. Mobile Racking
- 8.4.9. Rack Supported Warehouse
- 8.4.10. Misc.
8.5. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Carrying Capacity, 2024-2031
- 8.5.1. Light Duty
- 8.5.2. Medium Duty
- 8.5.3. Heavy Duty
8.6. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Sales, 2024-2031
- 8.6.1. Direct Ownership
- 8.6.2. Rentals
8.7. Current Market Size (US$ Mn) and Volume (Racks) Forecast By End Use, 2024-2031
- 8.7.1. Automotive
- 8.7.2. Chemical & Pharmaceutical
- 8.7.3. Food & Beverage
- 8.7.4. Ecommerce
- 8.7.5. 3PLs
- 8.7.6. Textile
- 8.7.7. Paper & Print
- 8.7.8. Defense & Railways
- 8.7.9. Cold Storage
- 8.7.10. Other Manufacturing
8.8. Market Attractiveness Analysis

9. South Africa Industrial Racking Systems Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Racks) Analysis By Market, 2019-2023
- 9.3.1. By Design
- 9.3.2. By Carrying Capacity
- 9.3.3. By Sales
- 9.3.4. By End Use
9.4. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Design, 2024-2031
- 9.4.1. Selective Racking
- 9.4.2. Cantilever Racking
- 9.4.3. Push Back Racking
- 9.4.4. Narrow & Wide Aisle Racking
- 9.4.5. Drive-In-Racking
- 9.4.6. Pallet Flow Racking
- 9.4.7. Carton Flow Racking
- 9.4.8. Mobile Racking
- 9.4.9. Rack Supported Warehouse
- 9.4.10. Misc.
9.5. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Carrying Capacity, 2024-2031
- 9.5.1. Light Duty
- 9.5.2. Medium Duty
- 9.5.3. Heavy Duty
9.6. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Sales, 2024-2031
- 9.6.1. Direct Ownership
- 9.6.2. Rentals
9.7. Current Market Size (US$ Mn) and Volume (Racks) Forecast By End Use, 2024-2031
- 9.7.1. Automotive
- 9.7.2. Chemical & Pharmaceutical
- 9.7.3. Food & Beverage
- 9.7.4. Ecommerce
- 9.7.5. 3PLs
- 9.7.6. Textile
- 9.7.7. Paper & Print
- 9.7.8. Defense & Railways
- 9.7.9. Cold Storage
- 9.7.10. Other Manufacturing
9.8. Market Attractiveness Analysis

10. Rest of GCC Countries Industrial Racking Systems Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Racks) Analysis By Market, 2019-2023
- 10.3.1. By Design
- 10.3.2. By Carrying Capacity
- 10.3.3. By Sales
- 10.3.4. By End Use
10.4. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Design, 2024-2031
- 10.4.1. Selective Racking
- 10.4.2. Cantilever Racking
- 10.4.3. Push Back Racking
- 10.4.4. Narrow & Wide Aisle Racking
- 10.4.5. Drive-In-Racking
- 10.4.6. Pallet Flow Racking
- 10.4.7. Carton Flow Racking
- 10.4.8. Mobile Racking
- 10.4.9. Rack Supported Warehouse
- 10.4.10. Misc.
10.5. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Carrying Capacity, 2024-2031
- 10.5.1. Light Duty
- 10.5.2. Medium Duty
- 10.5.3. Heavy Duty
10.6. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Sales, 2024-2031
- 10.6.1. Direct Ownership
- 10.6.2. Rentals
10.7. Current Market Size (US$ Mn) and Volume (Racks) Forecast By End Use, 2024-2031
- 10.7.1. Automotive
- 10.7.2. Chemical & Pharmaceutical
- 10.7.3. Food & Beverage
- 10.7.4. Ecommerce
- 10.7.5. 3PLs
- 10.7.6. Textile
- 10.7.7. Paper & Print
- 10.7.8. Defense & Railways
- 10.7.9. Cold Storage
- 10.7.10. Other Manufacturing
10.8. Market Attractiveness Analysis

11. Northern Africa Industrial Racking Systems Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

11.1. Key Highlights
11.2. Pricing Analysis
11.3. Historical Market Size (US$ Mn) and Volume (Racks) Analysis By Market, 2019-2023
- 11.3.1. By Design
- 11.3.2. By Carrying Capacity
- 11.3.3. By Sales
- 11.3.4. By End Use
11.4. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Design, 2024-2031
- 11.4.1. Selective Racking
- 11.4.2. Cantilever Racking
- 11.4.3. Push Back Racking
- 11.4.4. Narrow & Wide Aisle Racking
- 11.4.5. Drive-In-Racking
- 11.4.6. Pallet Flow Racking
- 11.4.7. Carton Flow Racking
- 11.4.8. Mobile Racking
- 11.4.9. Rack Supported Warehouse
- 11.4.10. Misc.
11.5. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Carrying Capacity, 2024-2031
- 11.5.1. Light Duty
- 11.5.2. Medium Duty
- 11.5.3. Heavy Duty
11.6. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Sales, 2024-2031
- 11.6.1. Direct Ownership
- 11.6.2. Rentals
11.7. Current Market Size (US$ Mn) and Volume (Racks) Forecast By End Use, 2024-2031
- 11.7.1. Automotive
- 11.7.2. Chemical & Pharmaceutical
- 11.7.3. Food & Beverage
- 11.7.4. Ecommerce
- 11.7.5. 3PLs
- 11.7.6. Textile
- 11.7.7. Paper & Print
- 11.7.8. Defense & Railways
- 11.7.9. Cold Storage
- 11.7.10. Other Manufacturing
11.8. Market Attractiveness Analysis

12. Rest of MEA Industrial Racking Systems Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

12.1. Key Highlights
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Mn) and Volume (Racks) Analysis By Market, 2019-2023
- 12.3.1. By Design
- 12.3.2. By Carrying Capacity
- 12.3.3. By Sales
- 12.3.4. By End Use
12.4. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Design, 2024-2031
- 12.4.1. Selective Racking
- 12.4.2. Cantilever Racking
- 12.4.3. Push Back Racking
- 12.4.4. Narrow & Wide Aisle Racking
- 12.4.5. Drive-In-Racking
- 12.4.6. Pallet Flow Racking
- 12.4.7. Carton Flow Racking
- 12.4.8. Mobile Racking
- 12.4.9. Rack Supported Warehouse
- 12.4.10. Misc.
12.5. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Carrying Capacity, 2024-2031
- 12.5.1. Light Duty
- 12.5.2. Medium Duty
- 12.5.3. Heavy Duty
12.6. Current Market Size (US$ Mn) and Volume (Racks) Forecast By Sales, 2024-2031
- 12.6.1. Direct Ownership
- 12.6.2. Rentals
12.7. Current Market Size (US$ Mn) and Volume (Racks) Forecast By End Use, 2024-2031
- 12.7.1. Automotive
- 12.7.2. Chemical & Pharmaceutical
- 12.7.3. Food & Beverage
- 12.7.4. Ecommerce
- 12.7.5. 3PLs
- 12.7.6. Textile
- 12.7.7. Paper & Print
- 12.7.8. Defense & Railways
- 12.7.9. Cold Storage
- 12.7.10. Other Manufacturing
12.8. Market Attractiveness Analysis

13. Competition Landscape

13.1. Market Share Analysis, 2024
13.2. Market Structure
- 13.2.1. Competition Intensity Mapping By Market
- 13.2.2. Competition Dashboard
- 13.2.3. Apparent Production Capacity
13.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 13.3.1. Jungheinrich AG
  - 13.3.1.1. Overview
  - 13.3.1.2. Segments and Products
  - 13.3.1.3. Key Financials
  - 13.3.1.4. Market Developments
  - 13.3.1.5. Market Strategy
- 13.3.2. SADR Logistics
- 13.3.3. Acme Industrial Hardware
- 13.3.4. Godrej Group
- 13.3.5. Stow International
- 13.3.6. SSI Schaefer
- 13.3.7. Gonvarri Material Handling
- 13.3.8. Mecalux, S.A.
- 13.3.9. Nilkamal
- 13.3.10. Kardex AG
- 13.3.11. SILVER LINING Storage Solutions
- 13.3.12. Delta Storage Systems Pvt. Ltd.
- 13.3.13. Giraffe Storage Solutions
- 13.3.14. Storage Technologies & Automation Pvt. Ltd. (Racks & Rollers
- 13.3.15. SNR International Services LLC
- 13.3.16. ACROW LTD

(Note: The list of companies is subject to refinement during the course of research)

14. Appendix

14.1. Research Methodology
14.2. Research Assumptions
14.3. Acronyms and Abbreviations