Stacker Market Report by Type (Electric, Manual/Hydraulic, Semi-Electric), End User (Retail and Wholesale, Logistics, Automobile, Food and Beverages, and Others), and Region 2024-2032

Stacker Market Report by Type (Electric, Manual/Hydraulic, Semi-Electric), End User (Retail and Wholesale, Logistics, Automobile, Food and Beverages, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A6505
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Market Overview:

The global stacker market size reached US$ 2.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.24% during 2024-2032.

Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 US$ 2.2 Billion
Market Forecast in 2032 US$ 3.6 Billion
Market Growth Rate (2024-2032) 5.24%


A stacker is a bulk material handling machine used for lifting, storing, and stockpiling loads. It is commonly available in manual, self-lifting, electric, semi-electric, and powered pallet variants. These machines are widely used in factories, transportation hubs, warehouses, shop floors, logistics, and manufacturing facilities. Stacker is a robust, reliable, and cost-effective machine that enhances operational performance and provides high throughput. It also maximizes space utilization, improves storage density, reduces infrastructure costs, and is easy to maneuver in restricted spaces. As a result, stacker finds extensive applications across the retail, logistics, food and beverage (F&B), and automobile industries.

Global Stacker Market

Stacker Market Trends:

The growing infrastructural development activities across the globe are one of the key factors driving the market growth. Stacker is widely used for constructing roads, residential complexes, and commercial buildings due to its high performance, low maintenance, enhanced mobility, and varied lifting capacities. In addition, the widespread product adoption as a safe and effective material handling equipment that helps in improving worker safety is acting as another growth-inducing factor. Furthermore, the increasing product utilization in warehouses to create an efficient storage and retrieval system through organized placement and movement of commodities is providing a considerable boost to the market growth. Additionally, the introduction of automated robotic stackers that reduce labor costs, prevent injuries, improve package quality, and assist with seasonal labor shortages is creating a positive outlook for the market. Moreover, the widespread adoption of the machine for handling automobiles in repair shops, car showrooms, and vertical car parking are providing an impetus to the market growth. Other factors, including the rising adoption of battery-operated stackers for handling double pallets and horizontal transport and extensive research and development (R&D) activities toward improving the product's construction, functioning, and durability, are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global stacker market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type and end user.

Breakup by Type:

  • Electric
  • Manual/Hydraulic
  • Semi-Electric
     

Breakup by End User:

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

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Clark Material Handling Company, Crown Equipment Corporation, Doosan Corporation, Godrej & Boyce Mfg. Co. Ltd., Hangcha Group Co. Ltd., Hyster-Yale Materials Handling Inc., Jungheinrich AG, Linde Material Handling (Kion Group AG), Mitsubishi Logisnext Co. Ltd. (Mitsubishi Heavy Industries Ltd.), NIDO Machineries Pvt. Ltd. and Toyota Industries Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Type, End User, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Clark Material Handling Company, Crown Equipment Corporation, Doosan Corporation, Godrej & Boyce Mfg. Co. Ltd., Hangcha Group Co. Ltd., Hyster-Yale Materials Handling Inc., Jungheinrich AG, Linde Material Handling (Kion Group AG), Mitsubishi Logisnext Co. Ltd. (Mitsubishi Heavy Industries Ltd.), NIDO Machineries Pvt. Ltd. and Toyota Industries Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global stacker market was valued at US$ 2.2 Billion in 2023.

We expect the global stacker market to exhibit a CAGR of 5.24% during 2024-2032.

The rising demand for stacker across various industries, such as retail, automotive, logistics, Food and Beverage (F&B), etc., as it maximizes space utilization, improves storage density, reduces infrastructure costs, etc., is primarily driving the global stacker market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for stackers.

Based on the type, the global stacker market has been segregated into electric, manual/hydraulic, and semi-electric. Currently, electric exhibits clear dominance in the market.

Based on the end user, the global stacker market can be bifurcated into retail and wholesale, logistics, automobile, food and beverages, and others. Among these, the retail and wholesale sector holds the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global stacker market include Clark Material Handling Company, Crown Equipment Corporation, Doosan Corporation, Godrej & Boyce Mfg. Co. Ltd., Hangcha Group Co. Ltd., Hyster-Yale Materials Handling Inc., Jungheinrich AG, Linde Material Handling (Kion Group AG), Mitsubishi Logisnext Co. Ltd. (Mitsubishi Heavy Industries Ltd.), NIDO Machineries Pvt. Ltd., and Toyota Industries Corporation.

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Stacker Market Report by Type (Electric, Manual/Hydraulic, Semi-Electric), End User (Retail and Wholesale, Logistics, Automobile, Food and Beverages, and Others), and Region 2024-2032
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