Product Code: ETC306684 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India stacker market import shipments experienced a significant decline over the period of 2020-2024, with a notable negative CAGR of -40.8%. The growth rate between 2023 and 2024 plummeted by 85.0%, indicating a sharp contraction in market activity. The market showed a clear trend of substantial slowdown and contraction during this period.
The India stacker market was estimated at INR 2,490 crore in 2025 and is expected to reach INR 4,702 crore by 2025, growing at a CAGR of 10.4%. The major drivers for the growth of this market include increasing demand from the retail industry and rising industrialization across India. Furthermore, recent technological advancements such as automated storage and retrieval systems are expected to further drive the growth of this sector.
The India stacker market is anticipated to register substantial growth in the coming years. Stackers are extensively used in warehouses, manufacturing facilities, and logistics centers to efficiently handle and store goods. With the rapid growth of e-commerce and the increasing need for efficient material handling solutions, the demand for stackers is expected to surge. Additionally, the government`s focus on improving logistics infrastructure and supply chain efficiency is likely to drive the adoption of stackers in the country.
In the India stacker market, the high initial investment required for stacker machinery can be a significant challenge for businesses looking to adopt this technology. Additionally, the lack of standardized regulations and safety guidelines for material handling equipment may lead to potential operational risks and liability issues for manufacturers and users.
The India stacker market is essential in various industrial and warehousing operations for material handling and storage purposes. The market had been witnessing growth due to increased logistics activities and the expansion of e-commerce operations. However, the COVID-19 pandemic disrupted supply chains, leading to fluctuations in demand for stackers. The temporary closure of factories and restrictions on transportation impacted industrial operations and logistics, affecting the market. As economic activities resume and e-commerce continues to thrive, the stacker market is projected to recover gradually.
The India stacker market is experiencing growth due to the expanding warehousing and logistics industry in the country. Stacker machines are widely used for material handling and storage purposes in warehouses and distribution centers. Key players in this market include Godrej Material Handling, Jost`s Engineering Company Ltd., Voltas Material Handling Pvt. Ltd., and Maini Materials Movement Pvt. Ltd., among others. These key players have a strong market presence and offer a range of stacker solutions to meet the diverse needs of the logistics sector.
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 Stacker Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Stacker Market Revenues & Volume, 2021 & 2031F |
3.3 India Stacker Market - Industry Life Cycle |
3.4 India Stacker Market - Porter's Five Forces |
3.5 India Stacker Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Stacker Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 India Stacker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and infrastructure development in India leading to higher demand for material handling equipment like stackers. |
4.2.2 Implementation of advanced technologies in stacker manufacturing to enhance efficiency and productivity. |
4.2.3 Growing e-commerce industry in India boosting the need for efficient warehousing solutions. |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing stackers, limiting adoption among small and medium enterprises. |
4.3.2 Lack of skilled operators and maintenance personnel for stackers affecting the market growth. |
4.3.3 Regulatory challenges and compliance requirements impacting the market dynamics. |
5 India Stacker Market Trends |
6 India Stacker Market, By Types |
6.1 India Stacker Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Stacker Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Stacker Market Revenues & Volume, By Electric, 2021-2031F |
6.1.4 India Stacker Market Revenues & Volume, By Manual/Hydraulic, 2021-2031F |
6.1.5 India Stacker Market Revenues & Volume, By Semi-Electric, 2021-2031F |
6.2 India Stacker Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 India Stacker Market Revenues & Volume, By Retail & Wholesale, 2021-2031F |
6.2.3 India Stacker Market Revenues & Volume, By Logistics, 2021-2031F |
6.2.4 India Stacker Market Revenues & Volume, By Automobile, 2021-2031F |
6.2.5 India Stacker Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.6 India Stacker Market Revenues & Volume, By Others, 2021-2031F |
7 India Stacker Market Import-Export Trade Statistics |
7.1 India Stacker Market Export to Major Countries |
7.2 India Stacker Market Imports from Major Countries |
8 India Stacker Market Key Performance Indicators |
8.1 Average utilization rate of stackers in warehouses. |
8.2 Rate of adoption of automated stackers in different industries. |
8.3 Maintenance cost as a percentage of the initial purchase price of stackers. |
8.4 Average downtime of stackers due to maintenance or repair issues. |
8.5 Energy efficiency rating of stackers in operations. |
9 India Stacker Market - Opportunity Assessment |
9.1 India Stacker Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Stacker Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 India Stacker Market - Competitive Landscape |
10.1 India Stacker Market Revenue Share, By Companies, 2024 |
10.2 India Stacker Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |