Rigid Shipping Racks Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0209025
  • Format: Electronic (PDF)
  • Number of Pages: 180
  • Author(s): Joshi, Madhavi

Report Overview

The Rigid Shipping Racks Market size was estimated at USD 4.8 billion in 2023 and is projected to reach USD 7.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.10% during the forecast period (2024-2030).

Rigid Shipping Racks Market

(Market Size)
$4.8 billion
$7.2 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 6.10%
2023 Market Size USD 4.8 billion
2030 Market Size USD 7.2 billion
Key Players SSI Schaefer, DS Smith, Nefab, SCHUTZ, ORBIS

Market Summary

The rigid shipping racks market is an essential segment within the manufacturing and construction industries, providing durable and reusable packaging solutions designed for the safe and efficient transportation of goods. These racks are predominantly utilized for heavy, bulky, or high-value items that require robust protection during transit and storage. The market is characterized by its critical role in supply chain logistics, offering advantages such as enhanced product security, reduced damage rates, and sustainability through multiple reuse cycles. Industries such as automotive, aerospace, industrial machinery, and building materials are major end-users, relying on these racks to maintain operational efficiency and cost-effectiveness. The demand is driven by the need for optimized logistics, just-in-time manufacturing processes, and the growing emphasis on sustainable packaging practices. With increasing globalization and the expansion of manufacturing activities in emerging economies, the rigid shipping racks market is witnessing steady growth. Key players are focusing on innovation in materials and design to meet diverse application requirements, enhance load capacity, and improve stackability and handling. The market is also influenced by regulatory standards and environmental policies promoting the use of reusable packaging systems. Overall, the rigid shipping racks market is integral to modern industrial operations, supporting the seamless movement of components and finished products across global supply chains.

Key Highlights

The rigid shipping racks market stands out due to its emphasis on durability, reusability, and customization. These racks are engineered from materials such as steel, aluminum, and high-impact plastics, offering exceptional strength and longevity compared to disposable packaging alternatives. A significant highlight is their role in reducing packaging waste and lowering total cost of ownership for businesses through repeated use over many years. Customization is another key aspect, with racks designed to fit specific part geometries, ensuring secure containment and minimizing movement during transit. This is particularly valuable in industries like automotive manufacturing, where components such as engines, body panels, and transmissions require precise handling. Additionally, the integration of tracking technologies, such as RFID and IoT sensors, is becoming more prevalent, enabling real-time monitoring of rack location and condition. This enhances supply chain visibility and inventory management. The market is also seeing advancements in collapsible and nestable designs, which optimize storage space and return freight efficiency when racks are empty. Furthermore, stringent safety and quality standards govern the production and use of these racks, ensuring compliance with international logistics and handling regulations. These factors collectively underscore the market's importance in enhancing operational efficiency, sustainability, and cost savings for industrial enterprises.

Drivers, Opportunities & Restraints

The rigid shipping racks market is propelled by several key drivers, including the expansion of global manufacturing and the increasing adoption of automated supply chain solutions. The rise of just-in-time manufacturing practices necessitates reliable and efficient packaging to ensure timely delivery of components, reducing inventory holding costs and production delays. Additionally, growing environmental concerns and regulatory pressures are pushing companies towards sustainable packaging options, boosting demand for reusable racks. The automotive and aerospace sectors, in particular, are significant drivers due to their high-volume production and stringent quality requirements. Opportunities in the market abound, especially with the advancement of smart packaging technologies. Integrating IoT and data analytics into racks can provide valuable insights into supply chain performance, opening new revenue streams for manufacturers. The expansion of e-commerce and logistics infrastructure in emerging markets also presents substantial growth potential. However, the market faces restraints such as high initial investment costs for custom-designed racks, which can be a barrier for small and medium-sized enterprises. Fluctuations in raw material prices, particularly for steel and plastics, can impact manufacturing costs and profitability. Additionally, the complexity of reverse logistics and rack management systems poses challenges in terms of coordination and efficiency. Despite these restraints, the overall trajectory remains positive, supported by continuous innovation and the critical need for efficient logistics solutions.

Concentration Insights

The rigid shipping racks market exhibits a concentrated competitive landscape, with a mix of global players and specialized regional manufacturers dominating the industry. Key companies such as SSI Schaefer, ORBIS Corporation, and DS Smith have established strong market positions through extensive product portfolios and global distribution networks. These leaders focus on providing integrated packaging solutions that include design, manufacturing, and lifecycle management services. The market concentration is higher in developed regions like North America and Europe, where advanced manufacturing sectors and stringent logistics standards drive demand for high-quality racks. In contrast, emerging markets in Asia-Pacific and Latin America are characterized by a more fragmented landscape, with numerous local players catering to regional industries. These smaller manufacturers often compete on price and flexibility, offering customized solutions for specific client needs. The competitive dynamics are influenced by factors such as technological innovation, material expertise, and the ability to provide value-added services like rack tracking and management. Collaborations and partnerships with logistics companies and automotive OEMs are common strategies to enhance market reach. Overall, the market's concentration underscores the importance of scale, innovation, and customer relationships in maintaining a competitive edge.

Type Insights

Rigid shipping racks are categorized based on material composition and design features, with common types including steel racks, plastic racks, and hybrid models. Steel racks are renowned for their exceptional strength and durability, making them ideal for heavy and high-value industrial components. They are widely used in automotive and machinery industries where load capacity and impact resistance are critical. Plastic racks, often made from high-density polyethylene or polypropylene, offer advantages such as lighter weight, corrosion resistance, and ease of cleaning, which is beneficial for industries like food processing or pharmaceuticals. Hybrid racks combine materials, such as steel frames with plastic containers, to optimize both strength and functionality. Another important classification is based on design, including collapsible, nestable, and stackable racks. Collapsible racks can be folded when not in use, saving storage and return transportation space. Nestable racks allow units to fit inside one another, further enhancing space efficiency. Stackable designs enable safe vertical storage, maximizing warehouse utilization. The choice of rack type depends on factors such as the nature of the goods being transported, handling requirements, and total cost considerations. Manufacturers continuously innovate in design to improve usability, safety, and environmental performance.

Application Insights

Rigid shipping racks find diverse applications across multiple industries, with the automotive sector being the largest end-user. In automotive manufacturing, these racks are used to transport components such as engines, transmissions, body panels, and chassis parts between suppliers and assembly plants. The racks ensure parts are protected from damage and contamination, supporting just-in-time production systems. The aerospace industry similarly relies on custom racks for delicate and high-value components like turbine blades, avionics, and structural elements. In the construction sector, rigid racks are employed for shipping building materials, hardware, and large equipment, ensuring they arrive at job sites in optimal condition. Industrial machinery manufacturers use these racks for moving heavy machinery parts, tools, and assemblies. Additionally, consumer goods and electronics industries utilize racks for products that require secure and organized shipping. The versatility of rigid shipping racks allows them to be tailored to specific application needs, whether for temperature-sensitive goods, hazardous materials, or oversized items. This broad applicability underscores their integral role in enhancing logistics efficiency, reducing waste, and maintaining product integrity throughout the supply chain.

Regional Insights

The demand for rigid shipping racks varies significantly across regions, influenced by industrial activity, economic development, and logistics infrastructure. North America and Europe are mature markets, characterized by well-established manufacturing sectors and high adoption of reusable packaging solutions. The presence of major automotive and aerospace industries in countries like the United States, Germany, and France drives consistent demand. These regions also emphasize sustainability and regulatory compliance, further supporting market growth. The Asia-Pacific region represents the fastest-growing market, fueled by rapid industrialization, expanding manufacturing capabilities, and increasing foreign investments. Countries such as China, India, and Japan are key contributors, with robust automotive, electronics, and construction sectors. Latin America and the Middle East & Africa are emerging markets, where growing industrial base and infrastructure development are creating new opportunities. However, these regions may face challenges related to economic volatility and less developed logistics networks. Regional preferences also vary; for instance, North American manufacturers often prioritize customization and technology integration, while Asian markets may focus more on cost-effective solutions. Overall, regional insights highlight the global nature of the rigid shipping racks market, with growth prospects tied to industrial expansion and logistics modernization efforts worldwide.

Company Insights

Prominent companies in the rigid shipping racks market include SSI Schaefer, ORBIS Corporation, DS Smith, Georg Utz Holding, and Myers Industries. SSI Schaefer is a global leader known for its comprehensive range of logistics and packaging solutions, offering customized racks with advanced features like RFID tracking. ORBIS Corporation, a subsidiary of Menasha Corporation, specializes in reusable plastic packaging, providing durable and sustainable rack systems for various industries. DS Smith is a major player with a strong focus on innovative and eco-friendly packaging designs, often incorporating lightweight materials without compromising strength. Georg Utz Holding is recognized for its expertise in plastic storage and transport solutions, offering modular and collapsible rack systems that enhance logistics efficiency. Myers Industries, through its Buckhorn division, provides a wide array of material handling products, including rigid racks designed for heavy-duty applications. These companies compete on factors such as product quality, customization capabilities, global reach, and value-added services. They invest heavily in research and development to introduce new materials and smart technologies, aiming to meet evolving customer demands for efficiency and sustainability. Strategic acquisitions and partnerships are common, allowing firms to expand their product portfolios and geographic presence. The competitive landscape is dynamic, with continuous innovation driving advancements in rack design and functionality.

Recent Developments

Recent developments in the rigid shipping racks market reflect a trend towards smarter, more sustainable, and highly customized solutions. Companies are increasingly integrating IoT technology into racks, enabling real-time tracking of location, temperature, and handling conditions. This enhances supply chain visibility and allows for proactive management of logistics operations. There is also a growing emphasis on using recycled materials and designing racks for end-of-life recyclability, aligning with circular economy principles. For instance, several manufacturers have launched racks made from post-consumer recycled plastics without sacrificing durability. Collaborations between rack manufacturers and logistics providers have become more common, aiming to create closed-loop systems where racks are efficiently managed and reused across multiple cycles. Additionally, advancements in design software and manufacturing techniques, such as 3D printing, are enabling more rapid prototyping and customization to meet specific client requirements. The market has seen entries from new players focusing on niche applications, such as racks for electric vehicle batteries or pharmaceutical products, which require specialized features like thermal insulation or cleanliness. These developments indicate a market that is evolving to address complex logistics challenges while prioritizing environmental responsibility and operational efficiency.

Report Segmentation

This report on the rigid shipping racks market is segmented to provide a detailed analysis across various dimensions. The segmentation by material includes steel, plastic, and hybrid racks, each catering to different load, durability, and cost requirements. By design, the market is divided into collapsible, nestable, stackable, and fixed racks, highlighting functional variations that impact storage and transport efficiency. Application-wise, the report covers automotive, aerospace, construction, industrial machinery, consumer goods, and other sectors, reflecting the diverse end-use industries. Geographically, the analysis spans North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, offering regional insights into demand patterns and growth opportunities. Additionally, the report examines the market by rack size and load capacity, addressing the needs for both small components and large industrial assemblies. The competitive landscape segment profiles key players, their market share, strategies, and recent developments. This comprehensive segmentation enables stakeholders to identify specific trends, opportunities, and challenges within each sub-segment, facilitating informed decision-making for investment, product development, and market expansion strategies.

FAQs

What are rigid shipping racks made of? Rigid shipping racks are typically constructed from materials such as steel, aluminum, plastic polymers like high-density polyethylene, or composite materials. The choice of material depends on factors like required strength, weight, corrosion resistance, and cost considerations for specific applications.

How do rigid shipping racks improve supply chain efficiency? These racks enhance supply chain efficiency by providing durable, reusable packaging that reduces product damage, lowers packaging costs over time, and supports just-in-time delivery through reliable transit. Their design often allows for optimized storage and handling, speeding up logistics operations.

What industries use rigid shipping racks the most? The automotive industry is the largest user, followed by aerospace, construction, industrial machinery, and consumer goods sectors. These industries value the racks for their ability to securely transport heavy, delicate, or high-value components.

Are rigid shipping racks customizable? Yes, they are highly customizable. Manufacturers design racks to fit specific part dimensions and weights, incorporating features like dividers, cushions, and locking mechanisms to ensure safe transport and handling tailored to client needs.

What are the environmental benefits of using rigid shipping racks? Rigid shipping racks are reusable, reducing the need for single-use packaging and minimizing waste. They often made from recyclable materials, contributing to sustainability goals and lower carbon footprints in logistics operations.

How are rigid shipping racks managed in terms of tracking and return? Many modern racks equipped with RFID tags, GPS, or IoT sensors for real-time tracking. Companies often use closed-loop systems where racks are systematically returned, cleaned, and reused, managed through logistics partnerships or in-house programs.

Citius Research has developed a research report titled “Rigid Shipping Racks Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Rigid Shipping Racks Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Rigid Shipping Racks Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Rigid Shipping Racks Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Rigid Shipping Racks Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Rigid Shipping Racks Market
• Research Methodology
• Executive Summary
• Market Dynamics of Rigid Shipping Racks Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Rigid Shipping Racks Market
• Cost and Gross Margin Analysis of Rigid Shipping Racks Market
• Rigid Shipping Racks Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Rigid Shipping Racks Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Rigid Shipping Racks Market Key Stakeholders

Below are the key stakeholders for the Rigid Shipping Racks Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Rigid Shipping Racks Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Rigid Shipping Racks Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Rigid Shipping Racks Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Rigid Shipping Racks Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Rigid Shipping Racks Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Rigid Shipping Racks Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Rigid Shipping Racks Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Rigid Shipping Racks Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Rigid Shipping Racks Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Rigid Shipping Racks Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Rigid Shipping Racks Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Rigid Shipping Racks Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Rigid Shipping Racks Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Rigid Shipping Racks Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Rigid Shipping Racks Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Rigid Shipping Racks Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Rigid Shipping Racks Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports