Industry Outlook

Industrial mezzanines are the simple artificial floor constructed inside the building infrastructure in order to expand the existing working space. Industrial mezzanines serve as a vital tool in effective utilization of unused vertical space available in manufacturing units. These mezzanines are extensively used to create workspace for machinery, buffer & storage, temporary or permanent cabins and walkthroughs for easy access. Industrial mezzanines offer several advantages in addition to space utilizations including flexibility, cost-effectiveness and are very effective for leased spaces where additional solid construction is usually prohibited. All the aforementioned factors made industrial mezzanines a must-have solution for industries across different verticals.

"Free Standing Structure’ Stands Tall in Terms of Market Value in 2017"

According to structure type, industrial mezzanines are divided into four categories namely: free standing, building-supported, shelving-supported and rack-supported. In 2017, free standing industrial mezzanines dominated the overall segment in terms of demand and market value. Free standing mezzanines are easy to assemble and dis-assemble and offer unmatched flexibility as they are not dependent on any fixed structure. These mezzanines offer modular and hassle-free customizations with the building and hence are preferred over other variants. In 2017, shelving-supported and rack-supported industrial mezzanines trailed free standing mezzanines. Such mezzanines are used to store material and are preferred by warehouses and supply chain industries. Building-supported mezzanines contributed least to the overall market value in the year 2017. With limit new structures erections, building-supported mezzanines projected to make nominal growth in coming years.

"Single Storey Mezzanines’ Anticipated to Maintain its Height in Terms of Market Value Throughout the Forecast Period From 2018 to 2026"

Single storey mezzanines lead the industrial mezzanines market in 2017 and anticipated to dominate the segment throughout the forecast period from 2018 to 2026. Single storey mezzanines are quite popular with small medium as well as big industrial enclosures as these mezzanines economical, easy to install and completely flexible to be accommodated into any available space. Multi-storey mezzanines offer various option from two storey mezzanines up to limit of celling of the industrial infrastructure. Higher mezzanines are generally used for monitoring and inspection of tall equipment and machineries. Limited adoption rate anticipated to affect the growth of multi-storey industrial mezzanines throughout the forecast period from 2018 to 2026.

"Positive Growth in Manufacturing Industries in Asia Pacific Supports the Demand for Industrial Mezzanines"

Post-2011 recession, industrial manufacturing, and processing sector in Asia Pacific steadily caught the road to recovery, regenerating the growth opportunities for existing and new industries. Rising disposable income and consumers’ confidence encouraged the growth of industries in industrial nations including China, India, and South Korea, among others. This turned out be a boon for associated industries such as infrastructure industry, logistics & supply chain and industrial mezzanines industry. Consequently, Asia Pacific led the global industrial mezzanines market in 2017. Well established industries in Europe helped the region to bag second rank in overall industrial mezzanines and anticipated to hold on to its position throughout the forecast period from 2018 to 2026. North America and Rest of the World are projected to follow Asia Pacific and Europe respectively in coming years.

"Unorganized Market Offers Bright Prospects for Companies to Mark their Presence"

Industrial mezzanines market is quite fragmented and highly competitive market with several local companies contributes to the overall market value. All these companies have limited geographical presence and operate on a contractual basis. No major players have claimed their dominance in this unorganized market. Consequently, the market proposes tremendous opportunities for major brand across the globe dealing in industrial infrastructure and material & space management to make their foothold strong in this segment. The companies can enter market by incorporating strategies such as acquisitions, partnerships, and mergers with local companies to make the most of their efforts. Some of the leading industrial mezzanines vendors profiled in the research study includes The Schaefer Group, CORNIX Group AG, Dexion (Gonvarri Material Handling), Mecalux, S.A., EQUIPTO (Consolidated Storage Companies, Inc.), MECA Storage Systems, Wildeck, Inc., Stanley Vidmar (Stanley Black & Decker, Inc.), Cogan Wire and Metal Products Ltd., PortaFab Corporation, Kimer Estanterias, and Jungheinrich

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Industrial Mezzanines market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Industrial Mezzanines market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Industrial Mezzanines market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Industrial Mezzanines market?
• Which is the largest regional market for Industrial Mezzanines market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Industrial Mezzanines market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Industrial Mezzanines market worldwide?