A floating shelf is a form of shelf with its wall fixings hidden within the shelf board, with no visible supporting brackets. A floating shelf may have two or more channels open from the rear towards, but not reaching, the front, into which slip fasteners attached to the wall, often held in place by screws driven through the shelf's bottom. A floating shelf may have two or more channels open from the rear towards, but not reaching, the front, into which slip fasteners attached to the wall, often held in place by screws driven through the shelf's bottom.
MARKET DYNAMICS
The increased demand for real-time stock information and inventory management is a major driver that will propel the Floating shelves industry in the next years. Increasing demand in retail for inventory accuracy and supply chain management is expected to drive rising demand for floating shelves. However, privacy worries about embedded data tags are expected to stymie the industry during the projected period, resulting in a low rate of adoption of smart shelves by small and medium-sized businesses.
MARKET SCOPE
The "Global Floating Shelves Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the floating shelves market with detailed market segmentation by material, end use and distribution channel. The global floating shelves market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading floating shelves market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The floating shelves market is segmented into material, end use and distribution channel. By material, the floating shelves market is bifurcated into wood, plastic, metal, and others. By end use, the floating shelves market is bifurcated into residential, commercial and institutional. By distribution channel, the floating shelves market is bifurcated into supermarkets & hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the floating shelves market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The floating shelves market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the floating shelves market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the floating shelves market in these regions.
MARKET PLAYERS
The report covers vital developments in the floating shelves market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the floating shelves market are anticipated to lucrative growth opportunities in the future with the rising demand for floating shelves in the global market. Below mentioned is the list of few companies engaged in the floating shelves market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the floating shelves market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- RakksShelving
- Shelco Shelving
- Rackline
- Klaxon
- Lyon
- Lozier Corporation
- Donracks
- Home Sparkle
- Steelcase
- Chatsworth Inc.