Market Forecast By Rack Types (Metal Racks, Wooden Racks, Others), By Applications (Department Stores, Grocery Stores, Hypermarkets And Supermarkets, Pharmacy Outlets, Wine And Liquor Outlets & Others) And Competitive Landscape
Product Code: ETC002575 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
South Africa display racks market is anticipated to witness substantial growth over the coming years primarily due attractive campaigns and offers introduced by e-commerce companies. Display racks are generally used by retailers to display their merchandise and offer better marketing to customers at the point of purchase. Further, several key industries, for instance, retail, consumer durable and hospitality are using advanced promotional approaches to market their products & services in an effective manner in South Africa. These initiatives would enhance the footfall of consumers and further accelerate the demand for display racks in South Africa over the coming years.
According to 6Wresearch, South Africa Display Racks Market size is anticipated to register substantial growth during 2020-2026. Rise in per-capital income and aggressive advertising campaigns, changing lifestyle of consumers, increasing penetration of online shopping, entry of a large number of players as well as rising competition among players are some of the key growth drivers of the South Africa display racks market. 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 market is expected to recover gradually over the next few years in South Africa.
In terms of type, the display racks market in South Africa is categorized into wooden, metal and other materials. Currently, display racks with the lightweight material composition are registering immense demand in the country as the players and merchants prefer new innovative merchandising solutions with efficient space-saving design along with lightweight material composition which helps them in attaining maximum footfall in outlets. Whereas, hypermarkets and supermarkets category are dominating the overall display racks market in South 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 increased sales of medicines, diagnostics kits and other testing devices by hospitals in the country.
The South Africa display racks market report comprehensively covers the market by rack types, by applications and by regions. The South Africa display racks market outlook report provides an unbiased and detailed analysis of the South Africa display racks market trends, South Africa display racks market share, opportunities, high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered
The South Africa display racks market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. South Africa Display Racks Market Overview |
3.1 South Africa Display Racks Market Revenues and Volume, 2016-2026F |
3.2 South Africa Display Racks Market Revenue Share, By Types, 2019 & 2026F |
3.3 South Africa Display Racks Market Revenue Share, By Applications, 2019 & 2026F |
3.4 South Africa Display Racks Market - Industry Life Cycle |
3.5 South Africa Display Racks Market - Porter’s Five Forces |
4. South Africa Display Racks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. South Africa Display Racks Market Trends |
6. South Africa Display Racks Market Overview, By Type |
6.1 South Africa Display Racks Market Revenues and Volume, By Metal Racks, 2016-2026F |
6.2 South Africa Display Racks Market Revenues and Volume, By Wodden Racks, 2016-2026F |
6.3 South Africa Display Racks Market Revenues and Volume, By Other Materials, 2016-2026F |
7. South Africa Display Racks Market Overview, By Applications |
7.1 South Africa Display Racks Market Revenue and Volumes, By Department Stores, 2016-2026F |
7.2 South Africa Display Racks Market Revenue and Volumes, By Grocery Stores, 2016-2026F |
7.3 South Africa Display Racks Market Revenue and Volumes, By Hypermarkets and Supermarkets, 2016-2026F |
7.4 South Africa Display Racks Market Revenue and Volumes, By Pharmacy Outlets, 2016-2026F |
7.5 South Africa Display Racks Market Revenue and Volumes, By Wine and Liquor, Outlets, 2016-2026F |
7.6 South Africa Display Racks Market Revenue and Volumes, By Others, 2016-2026F |
8. South Africa Display Racks Market Key Performance Indicators |
9. South Africa Display Racks Market Opportunity Assessment |
9.1 South Africa Display Racks Market Opportunity Assessment, By Types, 2026F |
9.2 South Africa Display Racks Market Opportunity Assessment, By Applications, 2026F |
10. South Africa Display Racks Market Competitive Landscape |
10.1 South Africa Display Racks Market By Companies, 2019 |
10.2 South Africa Display Racks Market Competitive Benchmarking, By Operating Parameters, 2019 |
11. Company Profiles |
12. Key Strategic Recommendations |
13. Disclaimer |