With growing demand for curtailing inappropriate stacking of the products giving rise repetitive motion injuries, the retail shelving system market is expected to grow on a remarkable note between 2021 and 2031. This fact, along with the others, are being well-described by Persistence Market Research in its market study report entitled “Retail Shelving System Market”.
The Dispersion of Retail Shelving System Market
The global retail shelving system market, by type, spans wall mount retail shelves, floor mount retail shelves (single-sided and double-sided), Gandola shelves (double-sided and single-sided), corner shelving, and likewise. By carrying capacity, it’s heavy duty (1 to 2 tons), medium duty (0.25 to 1 ton), and light duty (40-200 Kg). Material-wise, it’s steel retail shelves, aluminum retail shelves, wood retail shelves, plastic retail shelves, paperboard retail shelves, and fibreglass retail shelves.
End-use-wise, it’s pharmacy stores 50 to 100 psi, bakery & confectionery stores, electronics, footwear & apparel stores, supermarkets & class A convenience stores, and hypermarkets. Persistence Market Research has etched these details in its market study report entitled “Retail Shelving System Market”.
How about Region-wise Analysis?
North America holds the largest market share due to immediate adaptability as well as installation processes pertaining to retail shelving system. Europe stands second on the similar grounds. However, the Asia-Pacific is expected to grow at the fastest rate in the retail shelving system market in the upcoming period due to an ever-increasing demand for retail shelving system in verticals like manufacturing, food and beverages, automotive, semiconductor, amongst others. Persistence Market Research has walked through these details in its latest market study report entitled “Retail Shelving System Market”.
The Competitive Scope
Persistence Market Research has profiled the key players in retail shelving system market as Martiadix Inc., LA Darling, Lozier Corp., Gondella, Artitalia Group, Donracks TMTE Metal Tech Pvt. Ltd., CAEM, Storflex, Uniweb Inc., KIDER (INDIA) PRIVATE LIMITED, Accel Group Inc., Velca Racking Systems Pvt. Ltd. (UAE), Handy Store Fixtures, Sumetall (China) Shopfittings Ltd., and Eren Celik Ahap ve Metal Moble San. Tic. Ltd ti. (rafturk).
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Persistence Market Research has taken a step further by mentioning the developments as well. For instance – the fact that Madix Inc., in February 2021 went ahead with the acquisition of Panel Processing, Inc’s Texas assets has been put forth. It has also not missed out on mentioning that Gondela Corp., in February 2020, participated in EUROSHOP (an essential platform for trends worldwide with respect to networking). One more development was that ATOX Storage Systems, in May 2019, did install metal racks for a Spain-based pharmaceutical company. It was done in temperature controlled chamber having capacity of 750 pallets.
With FMCG sector witnessing proliferation, the retail shelving system market is bound to go great guns in the forecast period – Persistence Market Research.