Increasing demand for more space in warehouses and storage running system is driving the mezzanine floor market in the forecast period of 2022-2027.
According to TechSci Research report,"Mezzanine Floor Market – Global Industry Size, Share, Trends, Opportunity, and Forecast. 2017–2027” The global mezzanine floor market is anticipated to register vigorous growth during the forecast period, 2022-2027.The mezzanine floor provides a second level for more storage space used for multi-purpose like office, storage, room, etc. Mezzanine floors are constructed to provide a comfortable work environment and freedom. Probable variants of mezzanine floors are modular mezzanine shelving racks, single or modular mezzanine racks at the ground, and plain mezzanine at the top for office or modular mezzanine plain mezzanine.
The use of modular mezzanine shelving and racking allows for excellent storage utilization, which multiplies the amount of floor space that can be used and speeds up order processing due to the additional levels enable the creation of additional order picking aisles, storage, manufacturing, and area for assembly or office use. The system includes stairs, but there is also the ability to link the walkways on various tiers using a material lift. Plain shelf or flow shelving for the FIFO (First in, first out) system is provided on racks.
Outdoor or outside mezzanine levels are becoming more recognition. These buildings can be created to satisfy the requirements of many organizational departments, including server rooms, waiting rooms, conference rooms, and cafeterias. Moreover, in 2021, outside mezzanine floor constructions accounted for around 20% of the worldwide market growth. For instance, the e-commerce start-up Shopify powers more than 1 million online enterprises globally, including those in the consumer goods, apparel, footwear, and beverage industries. The building of logistics and distribution facilities will be fuelled by the ongoing expansion of online shopping, which is going to increase industrial demand.
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In terms of geographical performance, the size of the European mezzanine floor market is expected to grow in the year 2022 - 2037. With the progressive rise and expansion of the e-commerce sector, the regional industry is witnessing significant growth potential. For packing, return services, and storage & shipping, e-commerce companies, need warehouses. A mezzanine floor may be easily incorporated into any current design to enhance the facility since it is a very adjustable construction.
The global mezzanine floor market is divided into Floor type, Construction, and application. Based on Floor Type, the market is divided into free-standing, rack-supported, and concrete. Based on Construction, the market is segmented into Indoor, Outdoor. Based on application, the market is divided into retail, 3pl, e-commerce, manufacturing, food & beverage, and healthcare.
Based on Floor Type, free-standing, rack-supported, and concrete. Due to its characteristics, such as damp resistance, low maintenance costs, and quick building times, the concrete mezzanine segment is expected to see a significant CAGR through 2030.
Based on Application, manufacturing segments are expected to dominate the market in the forecast period due to increased manufacturing and warehouse renting rates. After the manufacturing segment e-commerce sector is expected to grow due to an increase in online services, especially after COVID-19. Customers are using more and more shopping facilities; hence, manufacturers need more space to store the goods.
Based on Construction, the market is divided into two segments indoor and outdoor. The outdoor market is expected to increase in the future due to the demand for Construction, business, industries, e-commerce applications and storage of material. The outdoor mezzanine floor can be big or as tiny as you need. They are perfect for elevating any project above the effects of variable weather and provide a more covered and secure space for outdoor activities.
A list of major market players in the Global mezzanine floor market: -
- Daifuku Co., Ltd.
- Jungheinrich AG
- MiTek Mezzanine Systems Inc.
- SSI Schaefer Group
- Stanley Black & Decker Inc.,
- Mecalux S.A,
- MezzaTech
- Stow International
- STILL GmbH.
- Konvex Storage Solution
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"The network of distribution centres and warehouses is rising due to the proliferation of e-commerce platforms. Free-standing mezzanines are now more in demand for warehouses and distribution hubs. Globally widespread internet use is propelling the growth of online shopping. For instance, the United States will see a tremendous increase in online merchants due to the 307 million active internet users there as of 2022 due to which market is expected to grow in the forecast period." said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"Mezzanine Floor Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027” Segmented By Floor Type (Free Standing, Rack Supported, Concrete), By Construction (Indoor, Outdoor), By Application (Retail, 3PL, E-Commerce, Manufacturing, Food & Beverage, Healthcare), By Region" has evaluated the future growth potential of global mezzanine floor market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global mezzanine floor market.
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