stow-group, Power Rack, and Shelving Trading LLC. Dominated the Middle East and Africa Rack Market in 2020

Middle East and Africa Rack Market is expected to grow with a CAGR of 6.4% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.

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The Middle East and Africa rack market is a highly consolidated market, which includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to favourable market scenarios.

The major players in the Middle East and Africa rack market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

  • In November 2020, the stow-group established the facility in Sweden to fulfill the rising demand for storage equipment and automated handling of pallets and small goods. With this development company can enhance its customer base in the European region

The dominating player in the Middle East and Africa rack market is the stow-group. The other major players covered in the Middle East and Africa Rack market are Power Rack, Shelving Trading LLC, Swisslog Holding AG (Subsidiary of Kuka), Esnova Racks S.A., Palian, Kardex, Revacco, APC Storage Solutions SA, Godrej & Khimji, among others.

Middle East and Africa Rack MarketStow-Group

The stow-group has headquarters in Spiere-Helkijn, Belgium, as private ownership. The company is engaged in developing and manufacturing top-quality racking systems for the storage of palletized or small goods and longer items, as well as mezzanine structures. The company has wide products such as Atlas 1d Pallet Shuttle, Atlas2d Shuttle System, Pallet Racking, Small Goods Racking, Cantilever Racking, Mezzanine Platforms, Cabinets and Lockers. Under which Pallet Racking, Cantilever Racking, Small Goods Racking, Mezzanine Platforms are market-focused products. The company has a presence in Europe, Asia Pacific, North America, Middle East, and Africa.

  • In September 2021, the stow-group acquired a majority stake in Raiser Robotics. Raiser Robotics is a German start-up developing innovative solutions for warehouse automation. With this development company can enhance its innovative ASRS system for warehouses in the European region

Power Rack

Power Rack has headquarters in Jeddah, Saudi Arabia, as private ownership, and it was founded in 1955. The company designs and produces standard and custom-built solutions from pallet racking to bolt-free racking. The company offers a wide range of product categories such as Heavy-Duty Racking System, Medium Duty Racking System, Light Duty Static Shelving, Cantilever System, Custom-Made Fabricated Items, and Storage Accessories. Under which Cantilever System, Heavy Duty Racking System, Medium Duty Racking System are market-focused products. The company has a presence in Saudi Arabia.

  • In March 2018, Power Rack received the certification of ISO 9001:2015 for the design, manufacturing, and sale of steel rack storage systems from American Systems Registrar LLC for its quality standard rack systems. With this development company can increase its goodwill in the market

Shelving Trading L.L.C

Shelving Trading L.L.C has headquarters in Dubai, United Arab Emirates, as private ownership, and it was founded in 1991. The company is engaged in storage solutions, stainless steel, and the specialized construction sector. The company offers a wide range of product categories such as Shelving Division, Stainless Steel Division, and Special Products Division, under which Shelving Division is the market-focused product category. The company has a wide presence in the United Arab Emirates.