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Mezzanine Floor Market Size

Report ID: GMI5299
Published Date: Aug 2023
Report Format: PDF

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Mezzanine Floor Market Size

Mezzanine Floor Market size was valued at USD 7.4 billion in 2022 and is projected to grow at over 6% CAGR from 2023 to 2032, owing to the flourishing e-commerce and logistics sector. According to IBEF, the e-commerce industry in India could reach an estimated US$ 111 billion by 2024 and US$ 200 billion by 2026. This growth could be attributed to the rising digital literacy and the influx of investment in the sector.

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The expansion of e-commerce and the need for efficient logistics solutions have led to increased demand for storage and distribution facilities. Mezzanines play a crucial role in optimizing storage capacity, order fulfillment processes, and overall warehouse efficiency, making them a valuable asset for the e-commerce and logistics industries, thus contributing to their increased demand and popularity.

Mezzanine Floor Market Report Attributes
Report Attribute	Details
Base Year:	2022
Mezzanine Floor Market Size in 2022:	USD 7.4 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	6%
2032 Value Projection:	USD 13.3 Billion
Historical Data for:	2018 to 2022
No. of Pages:	350
Tables, Charts & Figures:	275
Segments covered:	Floor Type, Construction, Application
Growth Drivers:	The expanding e-commerce industry in North America Development in the Europe manufacturing industry High demand for rack-supported and free-standing mezzanines from logistics service providers in Asia Pacific Expanding food & beverages industry globally High demand for affordable ways to expand the existing facility footprint Rising demand to improve the customer experience in Asia Pacific and South America
Pitfalls & Challenges:	Indoor mezzanines take up significant ground space in small industries The rapidly changing industrial environment

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Increasing demand for industrial spaces due to growth in manufacturing, warehousing, and distribution activities has been a significant driver for the mezzanines market. Mezzanines provide an efficient way to maximize available vertical space within existing facilities, allowing businesses to expand their operations without necessarily acquiring larger properties, resulting in increased product sales.

Authors: Preeti Wadhwani, Anish Pathak

Frequently Asked Questions (FAQ) :

The market size of mezzanine floor was reached USD 7.4 billion in 2022 and is projected to grow at a CAGR of over 6% between 2023 and 2032, owing to the flourishing e-commerce and logistics sector.

The e-commerce segment held over 24% market share in 2022 and is anticipated to experience robust growth during 2023 to 2032, due to mezzanine flooring’s ability to address space challenges and enhance operational efficiency.

Europe mezzanine floor industry size exceeded 1.5 billion in 2022 and will grow at a CAGR of over 5% through 2032, backed by the expanding industrial sectors and the need for efficient space utilization.

STILL GmbH, Gonvarri Material Handling, Avanta UK, SSI Schaefer Group, Jungheinrich AG, Wildeck Inc, Abtech, Inc., Davicon Mezzanine Floors, MezzaTech, Stanley Black & Decker, Inc, Stow International.