Africa Display Racks Market (2020-2026) | Share, Value, Revenue, Growth, Outlook, Forecast, Size, Industry, Analysis, COVID-19 IMPACT, Trends & Companies

Africa display racks market is anticipated to register significant growth over the coming years on account of growing economic activities and trade channels in the region. Several companies in Africa are offering attractive promotion campaigns and offers to lure customers in the region. Upcoming events in certain key African countries such as Africa Big Retail Expo and Africa Food Show to be held in Kenya will further boost the demand for display racks in Africa. Additionally, the growing trend of one-stop stores and window shopping has led to the growth of the display racks market in Africa as companies are focusing on new innovative methods for promoting their products and enhance the footfall of potential customers. Further, the companies and merchants are especially targeting the festival season such as Timkat in Ethiopia to display and promote their brands in the best possible manner. These initiatives would further spur the demand for display racks during the forecast period.

According to 6Wresearch, the Africa Display Racks Market size is expected to register substantial growth during 2020-2026. Growing retail industry, rising number of shopping malls, hypermarkets, supermarkets, and other outlets, the rising purchasing power of consumers as well as trade advancement and rising standard of living are some of the key growth drivers of the display racks market in Africa. However, the growth of display racks is anticipated to witness a slow down during the first half of 2020-2021 due to the outbreak of the Covid-19 pandemic. The government of most of the African countries has implemented lockdown which has resulted in a standstill of business operations and commercial activities in the countries. The market is expected to recover gradually at the beginning of 2021 and it may even take the next few years to get back to the normal business conditions.

Kenya, Nigeria, and South Africa are some of the key countries which have witnessed significant growth in the display racks market in Africa. Whereas, in terms of rack types, the display racks market in Africa is categorized into wooden, metal, and other materials such as glass, fiber and Pvc. Currently, display racks with the lightweight material composition are witnessing huge demand as the players and merchants prefer new innovative merchandising solutions with efficient space-saving design which helps them in attaining maximum footfall in outlets. Additionally, hypermarkets and supermarkets category are dominating the overall display racks market in Africa. Further, the pharmacy outlets are also recording significant growth in revenues due to the spread of the Covid-19 pandemic, which has resulted in an increased sale of medicines, diagnostics kits, and other testing devices by hospitals and healthcare centers in the region.

Some of the major players operating in the Africa display racks market are Ascend Industries Design, Million Displays, UK Display Stands, 3D Displays Ltd, Marsel Display Solutions, Shanghai Wei Yue Hardware Decoration Co., Ltd., Parkway Display Products Limited, Beagle Tools Limited, Dongguan ShowPal Display Co., Ltd., Shenzhen HeYiKang Industrial Co., Ltd. and Xiamen Jiaxin Cardboard Display Co., Ltd.

The Africa display racks market report comprehensively covers the market by rack types, by applications, and by countries including Kenya, Nigeria, South Africa, Algeria, and the Rest of the Africa region. The Africa display racks market outlook report provides an unbiased and detailed analysis of the Africa display racks market trends, Africa display racks market share, opportunities, high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Africa display racks market is projected to gain traction in the upcoming six years on the back of the rising potential growth of the retail sector in the developed and developing countries across the region. Based on the country, Nigeria display racks market is expected to shape the market growth owing to the increasing expansion of the retail sector in the country with increased spending on essential food which has led to the diversified hypermarket and supermarket stores concurrently rise in the adoption of display racks and this is estimated to bolster the growth of the Nigeria display racks market, as a result, is expected to boost the growth of Africa display racks market in the coming timeframe.

Key Highlights of the Report:

• Africa Display Racks Market Overview
• Africa Display Racks Market Outlook
• Africa Display Racks Market Forecast
• Historical Data of Africa Display Racks Market Revenues for the Period 2016-2019
• Africa Display Racks Market Size and Africa Display Racks Market Forecast of Revenues, Until 2026
• Historical Data of Africa Display Racks Market Revenues, By Rack Types, for the period 2016-2026
• Market Size & Forecast of Africa Display Racks Market Revenues and Volumes, By Rack Types, Until 2026.
• Historical Data of Africa Display Racks Market Revenues, By Applications, for the period 2016-2026
• Market Size & Forecast of Africa Display Racks Market Revenues and Volumes, By Applications, Until 2026.
• Historical Data of Kenya Display Racks Market Revenues, for the period 2016-2026
• Market Size & Forecast of Kenya Display Racks Market Revenues and Volumes, Until 2026.
• Historical Data of Nigeria Display Racks Market Revenues, for the period 2016-2026
• Market Size & Forecast of Nigeria Display Racks Market Revenues and Volumes, Until 2026.
• Historical Data of South Africa Display Racks Market Revenues, for the period 2016-2026
• Market Size & Forecast of South Africa Display Racks Market Revenues and Volumes, Until 2026.
• Historical Data of Algeria Display Racks Market Revenues and Volumes for the period 2016-2026
• Market Size & Forecast of Algeria Display Racks Market Revenues and Volumes, Until 2026.
• Historical Data of Rest of the Africa Display Racks Market Revenues, for the period 2016-2026
• Market Size & Forecast of Rest of the Africa Display Racks Market Revenues and Volumes, Until 2026.
• Market Drivers and Restraints
• Africa Display Racks Market Trends and Industry Life Cycle
• Market Opportunity Assessment
• Africa Display Racks Market Share, By Players
• Africa Display Racks Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

 Markets Covered

The Africa display racks market report provides a detailed analysis of the following market segments:

• By Rack Types:
• Metal Racks
• Wooden Racks
• Others (Glass, Fiber, and PVC)
  
  
• By Applications:
• Department Stores
• Grocery Stores
• Hypermarkets and Supermarkets
• Pharmacy Outlets
• Wine and Liquor Outlets
• Others
  
  
• By Countries:
• Kenya
• Nigeria
• South Africa
• Algeria
• Rest of Africa

Other Key Related Reports Include:

• Kenya Display Racks Market Report
• Nigeria Display Racks Market Report
• South Africa Display Racks Market Report
• Algeria Display Racks Market Report

Frequently Asked Questions About the Market Study (FAQs):