Shop Shelving Market: Introduction
Shop shelving is the trade of fitting out service stores, shops, and retail stores with fixtures, equipment, and fittings. Shop shelving is an essential for all types of shops, from small corner shops to supermarkets and hypermarkets and everything in between. Shop shelving is also known as retail shelving, shop racking, or shop fitting. There are several types of shop shelving available in the market such as one-sided shop shelving and two-sided shelving.
Shop Shelving Market: Competitive Landscape
Artitalia Group Inc.
Founded in 1976, Artitalia Group Inc. is headquartered in Montreal, Quebec, Canada. The company designs, manufactures, and distributes a wide range of top-end custom solutions. It provides complete custom display fixtures, commercial parcel boxes, indoor & outdoor furniture, store environments, material handling solutions, community postal boxes, and postal lobby boxes. Artitalia Group Inc. delivers products and services to various industries such as retail, material handling & OEM, hospitality & restaurant, and mail & parcel. The company has its manufacturing facilities in Asia and North America.
Handy Store Fixtures
Incorporated in 1952, Handy Store Fixtures is based in Newark, New Jersey, U.S. The company specializes in designing, producing, and selling partitions and fixtures such as store shelving, retail store fixture, gondola accessories, woodworks, storage & warehouse system, and others. Furthermore, the company offers a wide range of wood or steel design options, storage systems, and custom displays to enhance the retailer’s merchandise. Handy Store Fixtures offers products and services to industries such as convenience store fixture, liquor store display, pharmacy store fixture, pet store shelving & displays, auto parts shelving, beauty supply stores, hardware & paint store fixture, sporting goods, variety stores, and electronics stores displays. The company manufactures all its products in the U.S.
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STORFLEX Fixture Corporation
STORFLEX Fixture Corporation is based in Corning, New York, U.S. The company has more than 27 years of experience in designing and manufacturing wood products. Its products include gondola display shelving, custom wood products, walk-in coolers and freezers, concept to creation, industry specific shelving, pharmacy shelving, standalone displays, the flexline tubular shelving system, and all other products. STORFLEX Fixture Corporation sells its products to various end-users such as supermarkets, brand retailers, distributors, pharmacies, pet stores, and specialty retailers. The company’s production and distribution facilities are situated in Corning, New York and it ships across Canada and the U.S.
Lozier Corporation is based in Omaha, Nebraska, U.S. The company has over 82 years of experience in designing and producing retail store fixtures and products including wall sections, components, storage shelving, end caps, specialty fixtures, wood counters, corner case, framed showcase, under counter units, and other related products. The company has more than four million square feet of production and distribution space across facilities situated in five states. Lozier Corporation provides its products and services in the U.S. and worldwide.
Other major companies operating in the global shop shelving market include Mr Shelf Limited, Madix, Inc., Grand + Benedicts, Inc., Inter IKEA Systems B.V., Acme Shelving and Store Fixtures, Nabco UK, Rack King & Shelving Limited, Hydestor Shelving Ltd., Waymarc Ltd., LUNDIA INTERNATIONAL, Continental Store Fixture Group, Panel Processing, CANADA’S BEST STORE FIXTURES, AMKO Displays LLC, FIL, and HMY Group.
Major players in the market benefit from economies of scale due to the higher demand for shop shelving. Furthermore, demand for shop shelving has increased at a considerable rate, owing to a large number of collaborations and partnerships. New players in the market are making an effort to rise their joint venture with the OEMs, which is likely to result into an improved market share during the forecast period. Additionally, key players are investing extensively in interoperability, which is projected to intensify the competition in the shop shelving market in the next few years.
Shop Shelving Market: Dynamics
Rapid Growth in Retail Industry
Higher growth in the retail industry is a major factor driving the shop shelving market. The retail industry has developed as one of the most dynamic and fastest growing industries owing to the entry of several new players. This growth can be accredited to the expanding young population across the world, change in lifestyle, increase in disposable income, and most importantly, connectivity and digitization. Furthermore, the retail industry is adopting new technologies such as shopping with the help of augmented reality (AR) technology and visual search. This is one of the key factors which is likely to expand the retail industry in the next few years. All these factors are projected to boost the shop shelving market globally during the forecast period.
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Shop Shelving Market: Segmentation
The shop shelving market can be segmented based on:
Shop Shelving Market Segmentation – By Type
In terms of type, the shop shelving market can be divided into:
- Wall Shelving
- Gondola Shelving
- Pegboard Shelving
- Magazine Shelving
- Others (Corner units & end bays, Wire shelving, etc.)
Shop Shelving Market Segmentation – By Material
Based on material, the shop shelving market can be split into:
- Stainless Steel
Shop Shelving Market Segmentation – By Application
In terms of application, the shop shelving market can be classified into:
- Departmental Stores
- Grocery Stores
- Hypermarkets & Supermarkets
- Specialty Stores
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