Press Release

Industrial Mezzanines Market Reports, Scope, Methodology, Timelines And Challenges Forecast Till 2026

The global industrial mezzanines market size is projected to reach USD 9.43 billion by 2026, exhibiting a CAGR of 4.6% during the forecast period. Exceptional growth of the e-commerce industry in recent years is propelling the progress of this market, according to the new Fortune Business Insights™ report, titled “Industrial Mezzanines Market” Size, Share & Industry Analysis, By Type (Prefabricated, Structured, Free-standing, Perimeter), By Number of Storey (Single – level, Multi – level) By Application (Processing Plants, Industrial Facilities and Warehouse, Distribution Center, Retails Stores, Office buildings), and Regional Forecast, 2019-2026”. The United Nations Conference on Trade and Development (UNCTAD) estimates that in 2017 e-commerce sales surged at a prolific rate of 13%, touching approximately USD 29 trillion in terms of value. During the same period, the UNCTAD notes, the number of online shoppers shot up sharply by 12%, covering around 1.3 billion across the globe. Skyrocketing sales in the e-commerce industry are leading the industrial mezzanines market trends as widening utilization of e-commerce platforms such as Amazon is creating tremendous demand for superior warehousing facilities and distribution centers, where mezzanine floors play a vital role.

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The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Market Driver

Rising Popularity of Mezzanine Floors to Boost Adoption

The industrial mezzanines market growth is based on the plethora of advantages offered by these structures to businesses. For example, mezzanine floors provide a cost-efficient way of optimally utilizing the available space in a facility without having to move or modify the location of one’s operation. These structures are cost-effective as they require minimal installation time and can be easily transported. Furthermore, mezzanine floors are conveniently portable; in case an organization decides to relocate, it need not spend additional resources for new storage equipment. Another unique benefit of this equipment is that due to its high depreciation rate, it can have certain tax advantages. In sum, the broad flexibility of space offered by mezzanine floors is fueling their uptake in industries where warehousing and distribution operations form an integral business component.

Gain More Insights on the Market Research Report https://www.fortunebusinessinsights.com/industrial-mezzanines-market-102688

Competitive Landscape

Development of Cost-Saving Products to be the Central Focus of Market Players

According to the industrial mezzanines market analysis, key companies in this market are fully focused on designing and developing solutions that are cost-effective and space-efficient. The purpose behind this strategy is for these companies to expand their footprint in the market as well as broaden their reach globally.

Industry Developments:

  • December 2019: Mecalux, the US-based warehousing specialist, installed a mezzanine floor in the Almenara Mall shopping center in Uruguay. The structure is engineered to increase storage space five-fold, thereby saving substantial amount of floor and logistics expenses.
  • March 2019: The Belgium-based company stow Group teamed up with Averys Service to launch the company’s latest smart solution, the stow Atlas Connect. The product is designed to reduce the total cost of ownership and optimize uptimes by ensuring superior pallet performance through software upgrades and preventive and corrective maintenance.

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List of Companies Covered in the Industrial Mezzanines Market Report:

  • Shanghai Maxrac Storage Equipment Engineering co., ltd.
  • Noordrek GmbH
  • IMVO
  • SSI Schaefer
  • Mecalux, S.A.
  • Jungheinrich AG
  • Konvex Storage Systems
  • Kepler Entreplantas Desmontables
  • Stanley Vidmar
  • Equipto
  • stow Group
  • Cornix

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Market.

(Have a Look at Reports Trending in “Machinery & Equipment” Industry)

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