PUBLISHER: The Business Research Company | PRODUCT CODE: 1664654
PUBLISHER: The Business Research Company | PRODUCT CODE: 1664654
A reach stacker is a vehicle employed for the rapid transportation of intermodal cargo containers across short distances within small or medium-sized terminals or ports. These machines are prominently utilized for stacking and handling diverse types of containers in locations such as ports, railroad stations, and industrial sites.
Reach stackers are categorized primarily based on their capacity, with options below 30 tons, 30-45 tons, and above 45 tons. Reach stackers exceeding 45 tons in capacity are employed for material handling tasks requiring a maximum load lifting capacity exceeding 45 tons. The means of propulsion include internal combustion engines, electric power, and hybrid systems, and they find application in various settings such as seaports or terminals, yards or landside, and industrial environments.
The reach stacker market research report is one of a series of new reports from The Business Research Company that provides reach stacker market statistics, including reach stacker industry global market size, regional shares, competitors with a reach stacker market share, detailed reach stacker market segments, market trends and opportunities, and any further data you may need to thrive in the reach stacker industry. This reach stacker market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The reach stacker market size has grown strongly in recent years. It will grow from $2.56 billion in 2024 to $2.7 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to global trade expansion, port infrastructure development, renewable energy adoption, cargo vessel size increase, growing container traffic.
The reach stacker market size is expected to see strong growth in the next few years. It will grow to $3.47 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to environmental regulations, urbanization and industrialization, port capacity expansion, e-commerce growth, renewable energy adoption, increasing adoption in developing regions. Major trends in the forecast period include integration of telematics and IoT, electric and hybrid reach stackers, advancements in operator comfort and safety, automation and remote control systems, customization and versatility.
The notable increase in global seaborne trade is driving the growth of the reach stacker market moving forward. Seaborne trade refers to the transportation of goods by ship across the ocean, with the trade balance reflecting the difference in volumes of loaded and discharged goods. This balance is closely linked to the transit policies, enterprises, and facilities of various countries. Reach stacker vehicles are utilized in sea terminals or ports for transporting intermodal cargo containers, facilitating seaborne trade. The demand for reach stackers is on the rise, benefiting consumers worldwide through lower freight costs, improved shipping efficiency, and greater economic liberalization. For example, in October 2023, a report from the United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based international organization, indicated that maritime trade volume was projected to grow by 2.4% in 2023, recovering from a 0.4% contraction in 2022. Thus, the growth of seaborne trade globally is propelling the reach stacker market.
The anticipated growth in international trade exports is poised to drive the expansion of the reach stacker market. International trade involves the exchange of goods, services, and capital across national borders, facilitating the buying and selling of products and services between countries. Reach stackers play a crucial role in optimizing container handling operations, enhancing efficiency, and facilitating the smooth flow of goods in international trade. Their versatility, speed, and adaptability make them valuable assets in the logistics and transportation industry. For instance, in November 2023, the U.S. Census Bureau reported a total exportation of $256.2 billion in the U.S. in March 2023, exceeding February 2023 by $5.3 billion. Therefore, the anticipated growth in international trade exports is fueling the expansion of the reach stacker market.
The escalating urbanization trend is expected to drive the reach stacker market in the future. Urbanization involves the growth of cities and a higher percentage of the population residing in urban areas. This phenomenon leads to an increase in the middle class, subsequently driving demand for infrastructure. Reach stackers, as material-handling vehicles, play a crucial role in loading containers in ports, railroad stations, and industrial sites, contributing to infrastructure development activities. For example, in January 2022, the United States Department of Commerce reported a U.S. population of 332,403,650 in 2022, reflecting a 0.21% increase from 2021. Therefore, the rise in urbanization is a key driver for the growth of the reach stacker market.
Technology-driven solutions are gaining prominence as a major trend in the reach stacker market, with major players introducing innovative solutions to maintain their market position. For example, in May 2022, Camblift, a Sweden-based material handling equipment manufacturer, launched its first reach stacker, providing a safe and ergonomic workplace with higher production efficiency. It is available in both electric and diesel versions, incorporating green fuel technology on a global scale.
Major companies in the reach stacker market are focusing on innovative products, such as reach stackers, to drive revenues. Reach stackers are specialized industrial vehicles used for handling and transporting intermodal containers within shipping yards, ports, and logistics facilities. In March 2023, Konecranes Plc, a Finland-based company specializing in lifting equipment and services, introduced the Liftace reach stacker. These reach stackers are engineered to be compatible with contemporary drive technology and control systems, suitable for various logistical locations due to their high loading capacity and operating speeds. Renowned for their quality, robust construction, and reliability, these reach stackers withstand the rigors of professional freight handling, offering a lifting range of 10 to 46 tons.
Major companies operating in the reach stacker market include Cargotec Corporation, Komatsu Ltd., Dalian Forklift Co. Ltd., Hoist Material Handling Inc., Hyster-Yale Group Inc., Konecranes Oyj, Liebherr Group, Linde Material Handling GmbH, CVS ferrari S.P.A, SANY Group, Task Forklift, Hangcha Forklift, CTR Manufacturing Industries Private Limited, Toyota Material Handling Group, Kalmar, Terex Corporation, Taylor Machine Works Inc., Anhui Heli Co. Ltd., Lonking Holdings Limited, Manitou Group, Doosan Corporation Industrial Vehicle, Hyundai Heavy Industries Co. Ltd., Jungheinrich AG
Asia-Pacific was the largest region in the reach stacker market in 2024. The regions covered in the reach stacker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the reach stacker market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The reach stacker market consists of sales of reach stackers that operate on compressed natural gas and liquified petroleum gas. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Reach Stacker Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on reach stacker market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for reach stacker ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The reach stacker market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.