Product Code: ETC048259 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia stackers market is expected to grow at a CAGR of over 8.1% during the forecast period (2025-2031). The increasing number of warehouses and distribution centers in the country that are primarily being built for supporting e-commerce activities is one of the key factors driving the growth of this market. Additionally, rising investments in logistics infrastructure and automation technologies are also contributing towards its growth. Moreover, growing demand from various industries such as automotive, retail & e-commerce, food & beverages, construction materials among others will further boost the market growth.
Increasing Logistics Infrastructure: With an increase in trade activities witnessed by Saudi Arabia and other countries in Middle East region, there has been significant development in logistics infrastructure across the nation. This includes expansion and modernization of airports along with Cross Border Exchange (CBX), which provides faster delivery services through land routes. Such developments have enhanced overall efficiency thus providing impetus to stacker??s usage within warehouse operations as well as transportation networks. Growing Construction Activities: There has been robust investment on major construction projects from both public and private players across cities such as Riyadh, Jeddah and Dammam; which is expected to continue till 2025 owing to Vision 2031 initiative by Government Of Saudi Arabia(GOSA). Apart from residential buildings these projects include integrated industrial parks aiming at boosting manufacturing sector while creating jobs for citizens; all this requires efficient material handling solutions including forklifts or stackers which will consequently propel their sales over coming years.
High Cost Associated with Maintenance & Repairing Services: Stackers involves certain specialized equipment along with sophisticated parts used during maintenance services which often cost higher than regular forklift trucks resulting into additional burden on pocket of end users who finds it difficult to service them due time constraints associated witt traditional repair shops . To tackle this issue companies involved such business have come up with customized repairing plans tailored according customer requirements but still it needs government support so that industry can take proactive approach towards post purchase services related issues without much hassle.
The Covid-19 pandemic has triggered a major transformation throughout all sectors including logistics industry where warehouses play a critical role in providing just-in-time services and ensuring uninterrupted supply chain operations. As such, there has been significant shift towards automation with various companies opting for robotics driven automatic guided vehicles (AGVs) instead of manual forklifts & pallet trucks due to safety concerns posed by human labor force during these challenging times. Moreover, increasing government regulations pertaining to hygiene standards are also prompting businesses to move towards automated material handling equipment which will further drive up stacks?? demand over the coming years.
Some key players operating in Saudi Arabia stacker market include Toyota Material Handling Middle East FZE., Linde Material Handling GmbH & Co KG., STILL GmbH & Co KG., Jungheinrich AG,, Hyster Company LLC., Crown Equipment Corporation Ltd., Mitsubishi Logisnext Co Ltd.
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 Saudi Arabia Stackers Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Stackers Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Stackers Market - Industry Life Cycle |
3.4 Saudi Arabia Stackers Market - Porter's Five Forces |
3.5 Saudi Arabia Stackers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Stackers Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Saudi Arabia Stackers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Stackers Market Trends |
6 Saudi Arabia Stackers Market, By Types |
6.1 Saudi Arabia Stackers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Stackers Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Stackers Market Revenues & Volume, By Electric, 2021-2031F |
6.1.4 Saudi Arabia Stackers Market Revenues & Volume, By Manual/Hydraulic, 2021-2031F |
6.1.5 Saudi Arabia Stackers Market Revenues & Volume, By Semi-Electric, 2021-2031F |
6.2 Saudi Arabia Stackers Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Stackers Market Revenues & Volume, By Retail & Wholesale, 2021-2031F |
6.2.3 Saudi Arabia Stackers Market Revenues & Volume, By Logistics, 2021-2031F |
6.2.4 Saudi Arabia Stackers Market Revenues & Volume, By Automobile, 2021-2031F |
6.2.5 Saudi Arabia Stackers Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.6 Saudi Arabia Stackers Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Stackers Market Import-Export Trade Statistics |
7.1 Saudi Arabia Stackers Market Export to Major Countries |
7.2 Saudi Arabia Stackers Market Imports from Major Countries |
8 Saudi Arabia Stackers Market Key Performance Indicators |
9 Saudi Arabia Stackers Market - Opportunity Assessment |
9.1 Saudi Arabia Stackers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Stackers Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Saudi Arabia Stackers Market - Competitive Landscape |
10.1 Saudi Arabia Stackers Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Stackers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |