This market research report includes a detailed segmentation of the global warehouse ladders market by material type (aluminum, fiberglass, and other materials). It also outlines the market shares for key regions such as APAC, Americas, and EMEA. The top vendors analyzed in this report are Werner Ladder, TB Davies, Louisville Ladder, National Ladder & Scaffold, and P.W. Platforms.
Technavio’s market research analysts estimate the global warehouse ladders market, to grow at a CAGR of 5% between 2016 and 2020. Rise in the number of warehouse and storage facilities worldwide, and their renovation activities is propelling the demand for warehouse ladders. Rolling ladder is one of the most sought after product in industrial warehouses, owing to their corrosion resistant features. APAC leads the global market for warehouse ladders, accounting for 42% of the total market share. Much of this region’s growth can be attributed to the increasing efforts for better warehousing facilities like infrastructure, technology, and taxation policies.
The new market research report from Technavio provides a breakdown and analysis of the warehouse ladders segments by technology.
“The introduction of fiberglass ladders is one of the most significant trends in this market. Fiberglass ladders or glass-reinforced plastic (GRP) ladders are lightweight, sturdy, and non-conductive to electricity. Advantages like its high strength, durability, and increased safety will promote the adoption of fiberglass ladders during the forecast period,” says Sharan Raj, Lead Analyst, Transportation & Logistics, Technavio Research.
Technavio’s market research analysts have estimated the fiberglass warehouse ladders segment to be the largest market segment during the forecast period. Advantages such as its high durability coupled with its flame-resistant and weather-resistant properties will foster its adoption during the predicted period. Also, these ladders can withstand 30,000 volts electricity.
Global fiberglass warehouse ladders market 2015-2020 ($ millions)
Source: Technavio, 2016
The leading vendors in the global warehouse ladders market include Werner Ladder, TB Davies, Louisville Ladder, National Ladder & Scaffold, and P.W. Platforms. This market is highly fragmented owing to the presence of many international, regional, and local suppliers. The market is capital-intensive and requires innovation in the design of ladders. The top five warehouse ladder manufacturers will account for more than 50% of the total market share and will grow inorganically during the forecast period.
A more detailed analysis is available in the Technavio report, Global Warehouse Ladders Market 2016-2020.
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