Pallet Stackers Market Size, Share, Opportunities, And Trends By Type (Manual, Electric, Semi-Electric), By Capacity (Upto 500Kg, 500Kg – 1000Kg, Above 1000Kg), By Application (Retail Outlets, Warehouses, Manufacturing Factories), And By Geography - Forecasts From 2023 To 2028

  • Published : Jan 2024
  • Report Code : KSI061616400
  • Pages : 149

The pallet stackers market is expected to show steady growth during the forecast period.

Pallet stackers are material handling machines that lift and stack pallet loads in warehouses and distribution centers. Pallet stackers typically include a powered lift mechanism as well as forks or a platform that can be raised and lowered to lift and move pallets. They are intended to make pallet stacking and retrieval more efficient and convenient. Favourable distribution center investments and pallet stacker technology advancement have boosted the growth of the Pallet Stackers Market.

Marker Drivers

  • Favorable investments in the distribution centers' development propelled the pallet stackers market growth.

Pallet stackers are essential in distribution centers as they allow for the efficient and organized storage and transportation of palletized goods. They can help distribution centers reach higher levels and stack pallets on top of each other, optimizing facility storage capacity. Due to their efficient working capabilities, pallet stackers are in high demand and numerous key players are investing a certain amount of funds in distribution centers. This bolsters the pallet stackers market growth. For instance, in July 2023, The Kraft Heinz Company disclosed a $400 million investment to construct one of the largest automated CPG distribution centers in DeKalb, North America.

The establishment of new warehouses drives the pallet stackers market growth.

Businesses are increasingly using advanced material handling equipment such as pallet stackers to improve supply chain efficiency and reduce operational costs. These machines aid in optimizing warehouse space utilization, inventory management, and goods movement, ultimately leading to increased productivity. The ongoing establishment of new warehouses plays an important role in the pallet stackers market growth. Therefore, in June 2023, GEODIS, a global leader in transportation and logistics, announced the opening of a new multi-user warehouse in Mexico City. The 145,000-square-foot logistics facility supports omnichannel operations such as e-commerce, retail, and wholesale.

Technology advancement in pallet stackers accelerated the pallet stackers market growth.

The integration of automation technologies, as well as the switch from traditional lead-acid batteries to lithium-ion batteries in pallet stackers, have dramatically boosted warehouse and distribution centre efficiency and productivity. These advancements provide long runtime and minimize human errors, allowing for continuous operations. Due to these factors, the adoption of pallet stackers has increased which pushes the pallet stackers market upwards. For instance, Komatsu Forklift Australia offers a Legless Straddle Stacker especially designed for warehouses, consisting of a 24V system powered by a traction lithium battery of 210AH and 0.9 to 1.2-tonne capacity.

Asia Pacific is expected to grow significantly.

Asia Pacific is expected to account for a significant share of the pallet stackers market due to favourable investments and various efforts undertaken in the establishment of warehouses. For instance, in July 2023, Investcorp announced a $60.8 million investment in NDR warehousing, which is among India's largest warehouse development and operating platforms. Additionally, in June 2023, JD Logistics opened the second phase of its Kunshan Asia No.1 Intelligent Logistics Park in Jiangsu Province, China. With over 500,000 square meters of floor space, it can deliver over 4.5 million parcels per day. Moreover, In August 2022, Schaeffler India established its latest consolidation and distribution centre in Hosur. It is a fully Wi-Fi-enabled which can help in automation and digitalization efforts.

Market Restraints

  • High costs will restrain the growth of the pallet stackers market.

One of the most significant challenges in the pallet stacker market is price sensitivity. Customers frequently seek cost-effective solutions, to optimize their production processes. Due to cost concerns, this may limit the adoption of pallet stackers in smaller warehouses or businesses with limited resources which affects the market growth.

Market Developments

  • June 2023- Baoli EMEA launched a new electric pallet truck KBP 15L that consists of a load capacity of 1.500 kg and compact dimensions of 400 mm to the fork face. The KBP 15L is available with a 24 Volt/30 Ah lithium-ion battery and an onboard charger. This allows for increased truck availability due to easy intermediate charging at any standard power connection.
  • April 2023- Toyota Material Handling Europe launched the next generation of stand-in powered pallet and stacker trucks, Toyota BT Levio LSI200 - 2t, BT Staxio SSI200D - 2t, and BT Staxio SSI160LN - 1,6t which are designed for high-intensity load handling and stacking. These powerful models provide high productivity and come with energy-efficient lithium-ion technology, enhanced safety features, and excellent ergonomics for efficient operations.

Company Products

  • Walkie Stacker MS15UX- The Yale walkie stacker MS15UX assists the operator in increasing productivity while also providing comfort and serviceability. It provides various performance modes and valuable features to increase operator productivity. It features a load capacity of 1500kg and simple electronic components that make troubleshooting and servicing easier. Its integrated pressure relief valve protects against overloads and contains mast cushioning for quiet operation
  • COMBI-PPT Pedestrian Stacker- Combilift's Powered Pallet Truck is a highly adaptable option for small to medium-sized warehouses and production services with a lifting capacity of up to 8,000 kg. It comes with power steering, AC motor technology, rear-wheel drive, and a patented multi-position tiller arm. It is appropriate for a variety of businesses, including aluminium, building materials, logistics, steel, and warehousing.
  • Godrej Electric Stacker 1.2 tonne- Godrej electric stackers have a wide mast to ensure minimal loss of lift capability when stacking loads at height and to provide the operator with a clear view. Its powerful, highly effective AC drive unit assures high performance and low maintenance. It consists of a total capacity of 1.3 tonnes and a maximum fork height of 3.6m.
  • ST 3200 Walkie Straddle Stacker- Crown Equipment Corporation provides an ST Series straddle stacker that is designed to lift up to 2,500 lb in tight spaces.  It can stack loads 3-4 higher in a rack structure to optimize cube utilization. ST 3200 Walkie Straddle Stacker features a 168-inch maximum lift height and a head length of 32.95 inches.

Pallet Stackers Market Scope:


Report Metric Details
Growth Rate CAGR during the forecast period
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered
  • Type
  • Capacity
  • Application
  • Geography
Companies Covered
  • Hyster-Yale Group, Inc
  • MLE B.V(Mitsubishi)
  • Combilift
  • Hangcha Group
  • Godrej
  • And more
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope Free report customization with purchase



  • By Type
    • Manual
    • Electric
    • Semi-Electric
  • By Capacity
    • Upto 500Kg
    • 500Kg – 1000Kg
    • Above 1000Kg
  • By Application
    • Retail Outlets
    • Warehouses
    • Manufacturing Factories
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • UK
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Indonesia
      • Others


1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline


2.1. Research Data

2.2. Research Process


3.1. Research Highlights


4.1. Market Drivers

4.2. Market Restraints

4.3. Market Opportunities

4.4. Porter’s Five Force Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

4.6. Forward Proxy


5.1. Introduction

5.2. Manual

5.3. Electric

5.4. Semi-Electric


6.1. Introduction

6.2. Upto 500Kg

6.3. 500Kg – 1000Kg

6.4. Above 1000Kg


7.1. Introduction

7.2. Retail Outlets

7.3. Warehouses

7.4. Manufacturing Factories


8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1.  Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. UK

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. South Korea

8.6.4. India

8.6.5. Indonesia

8.6.6. Others


9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations


10.1. Hyster-Yale Group, Inc

10.2. MLE B.V(Mitsubishi)

10.3. Combilift

10.4. Hangcha Group

10.5. Godrej

10.6. Crown Equipment Corporation

10.7. Doosan Industrial Vehicle

10.8. Komatsu

Hyster-Yale Group, Inc

MLE B.V(Mitsubishi)


Hangcha Group


Crown Equipment Corporation

Doosan Industrial Vehicle