Stacker Truck Market size was over USD 3.59 billion in 2024 and is poised to exceed USD 11.54 billion by 2037, growing at over 9.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of stacker truck is estimated at USD 4.15 billion.
The growth of the market can be attributed to the increasing adoption of e-commerce. The demand for efficient and effective material handling operations in warehouses and distribution centers has expanded as a result of the quick development of e-commerce and online retail. For instance, in order to meet the growing need for quick and effective order fulfillment, firms frequently use stacker trucks for duties such as stacking, lifting, and transferring goods within warehouses. By 2025, global retail e-commerce is expected to rise by more than 70%.
In addition to these, factors that are believed to fuel the market growth of stacker truck include the rise in technological advancements. The need for stacker trucks has also been fueled by the growing technological developments in material handling operations. For instance, modern stacker truck models offer greater productivity, accuracy, and safety in material handling activities, making them appealing solutions for companies wishing to update their warehouses.
In addition to these, factors that are believed to fuel the market growth of stacker truck include the rise in technological advancements. The need for stacker trucks has also been fueled by the growing technical developments in material handling operations. For instance, modern stacker truck models offer greater productivity, accuracy, and safety in material handling activities, making them appealing solutions for companies wishing to update their warehouses.
Author Credits: Abhishek Verma
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?