Global Vertical Carousels Market Size, Share, Opportunities, And Trends By Load Capacity (Up To 3,000 Lbs, 3,000-7,000 Lbs, More Than 7,000 Lbs), By End User (Manufacturing, Healthcare, Retail, Food And Beverage, Paper, Others), And By Geography - Forecasts From 2025 To 2030

The global vertical carousels market is expected to grow at a CAGR of 7.56% during the forecasted period and account for US$2.686 billion by 2030 from US$1.866 billion in 2025.

Vertical carousels are a type of lift system that offers automated storage and retrieval functionality across multiple industries. The vertical carousel system offers a wide range of advantages to industries, including greater flexibility of storage and enhanced efficiency. It also occupies a smaller space and helps in saving time and storage costs.

The vertical carousel modules offer a key application in the global healthcare sector. In the sector, the module offers efficient and smaller storage space units for storing multiple components, like bins, medicines, and other pharmaceutical supplies. The global healthcare sector’s growth is propelling the vertical carousel market’s expansion during the forecasted timeline.

The module offers key applications in hospitals. In the global market, hospitals and healthcare facilities have witnessed significant growth over the past few years. The American Hospital Association, in its report, stated that the total number of hospitals in the nation grew exponentially in the past few years. The association stated that in 2021, the total number of hospitals in the USA was 6,090, which increased to 6,093 in 2022. In 2023, the total number of hospitals in the nation was 6,129.

 What are the drivers of the Global Vertical Carousels Market?

• Growing global output of the manufacturing sector is predicted to promote the global vertical carousels market expansion.

In the manufacturing sector, vertical carousels offer multiple applications. The module helps in storing a larger volume of raw materials and components in a smaller volume. Vertical carousels also enhance the productivity and efficiency of the manufacturing process.

The global manufacturing sector has grown significantly over the past few years. The manufacturing sector plays a key role in the economies of all the major countries. The National Institute of Standards and Technology of the USA stated that in 2023, the manufacturing sector contributed about US$2.3 trillion, or about 10.2%, to the nation’s GDP.

Similarly, the India Brand Equity Foundation, a part of the Ministry of Commerce and Industry of the Indian government, stated in its report that capital utilization in the manufacturing sector witnessed a significant rise over the past few years. The agency noted that during the first quarter of 2024, the capital utilization in the manufacturing sector was recorded at 73.6%, which increased to 74% during the second quarter of 2024. During the third and fourth quarters of 2024, the capital utilization in the sector grew to 74.7% and 76.3%, respectively.  

• The increasing need in the food and beverage industry is expected to fuel the global vertical carousels market growth.

Vertical carousels have become increasingly popular in the food and beverage industry, leading to significant market growth. These systems have several advantages that enhance efficiency and productivity within food and beverage operations.

Vertical carousels bring products directly to the operators, which saves time and labor by reducing walking distances and minimizing picking errors. They also provide real-time inventory visibility and tracking, enabling better inventory management, reduced stockouts, and optimum inventory levels that save unnecessary costs on overstocking or understocking in food and beverage businesses.

Alongside this, vertical carousels are in high demand in grocery retailing because they increase the speed and accuracy of order fulfillment, maximize storage space, and make order picking faster while offering real-time visibility into inventory. According to the USDA Report called “Retail Foods” in July 2023, the food and beverage retail sales in the Philippines witnessed a 6% growth in 2023. Furthermore, as per the report, hypermarkets hold 6% of the market share for food sales, whereas supermarkets lead the industry by having 23% market share. Amongst this, informal traditional retailers held the maximum market share of 45%.

Moreover, vertical carousels are also utilized in food processing sectors. As of April 10th, 2023, there are around 3319 DPIIT-recognised startups in the food processing sector of India. These certified startups are dispersed in 425 districts nationwide. Additionally, in 2022, nearly 32% of the 3319 startups received recognition. Maharashtra had the most acknowledged startups in this field, around 620 companies. 

Higher sales of food and beverages further boost demand for space-efficient storage and logistics arrangements. In line with this, as per Statistics Sweden, in 2022, total sales of food and beverages amounted to SEK 356 billion. This is a rise of approximately SEK 22 billion, or 6.6 percent compared with 2021. In fixed prices, the sales of sweets increased to SEK 107 per capita compared with 2021. More sales also breed innovation and new product development. One such example is the new Kardex Megamat, an automated carousel in which stored inventory rotates about a track to be carried to an operator. Vertical carousels work in line with the principles of goods-to-person. They are perfectly suited for both goods with a high pick frequency and similarly sized inventory and are being used significantly in the food and beverage sector.

What are the key geographical trends shaping the Global Vertical Carousels Market?

Based on geography, the global vertical carousels market is segmented into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The growth of the North American Vertical carousels market is mainly attributable to the growth of e-commerce in the region. Several major drivers influence the United States vertical carousel market. For instance, e-commerce is growing at an extremely fast pace, exponentially increasing the need for efficient order fulfillment solutions. Vertical carousels are suited to this demand, offering high-density storage and fast retrieval capabilities. In this regard, the Census Bureau of the Department of Commerce released the estimate that U.S. retail e-commerce sales for the second quarter of 2024 were $291.6 billion, 1.3 percent (±0.7) higher than the first quarter of 2024.

Vertical carousels optimize manufacturing processes by making it easy to store and retrieve components, tools, and work-in-progress materials. They maximize productivity, space utilization, and accuracy while minimizing labor costs and errors. Additionally, as stated by NIST, in 2022, manufacturing contributed $2.3 trillion to the U.S. GDP, amounting to 11.4 % of the total U.S. GDP.

Apart from that, the increasing labor costs and dearth of space also enforce the use of vertical carousels. The vertical system improves the use of available space through verticalization while reducing labor costs as it automates in-store retrieval and pick-and-place processes. In addition, it can also drastically enhance the accuracy and efficiency of warehouse operations through improved productivity with substantially lower picking errors and overall pick counts. White Systems, a SencorpWhite company based in Massachusetts, is a premier company at the forefront of innovative, integrated, intelligent storage solutions. White has been an original carousel manufacturer and has remained at the forefront of development for more than 70 years with a suite of intelligent storage systems.

The growth in focus on sustainability and environmental responsibility is another reason behind the demand for vertical carousels. Daifuku's vertical carousel is an automated rotary storage system that effectively uses vertical space. Compared to fixed racks, the vertical carousel can store large volumes of items in a much smaller footprint. It also is an ergonomic solution as it eliminates the need for workers to walk around the facility to find items and lets them perform pick operations from a pick window set at an ideal height. These systems, therefore, enable the optimization of the warehouse, which eventually helps reduce energy consumption and carbon emissions.

Global Vertical Carousels Market Scope:

Report Metric	Details
Vertical Carousels Market Size in 2025	US$1.866 billion
Vertical Carousels Market Size in 2030	US$2.686 billion
Growth Rate	CAGR of 7.56%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Load Capacity End-User Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Vertical Carousels Market	Bastian Solutions, Inc. Electroclass Kardex Group SencorpWhite, Inc.  SSI SCHAEFER
Customization Scope	Free report customization with purchase

 

The global vertical carousels market is analyzed into the following segments:

• By Load Capacity
  • Up to 3,000 lbs
  • 3,000 to 7,000 lbs
  • More than 7,000 lbs
• By End-User
  • Manufacturing
  • Healthcare
  • Retail
  • Food and Beverage
  • Paper
  • Others
• By Geography
  • North America
    • United States
    • Canada              
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • United Kingdom
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Thailand
    • Taiwan
    • Indonesia
    • Others

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1. INTRODUCTION

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

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL VERTICAL CAROUSELS MARKET BY LOAD CAPACITY

5.1. Introduction

5.2. Up to 3,000 lbs

5.3. 3,000 to 7,000 lbs

5.4. More than 7,000 lbs

6. GLOBAL VERTICAL CAROUSELS MARKET BY END-USER 

6.1. Introduction

6.2. Manufacturing

6.3. Healthcare

6.4. Retail

6.5. Food and Beverage

6.6. Paper

6.7. Others

7. GLOBAL VERTICAL CAROUSELS MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Load Capacity

7.2.2. By End-User

7.2.3. By Country

7.2.3.1. United States

7.2.3.2. Canada

7.2.3.3. Mexico

7.3. South America

7.3.1. By Load Capacity

7.3.2. By End-User

7.3.3. By Country

7.3.3.1. Brazil

7.3.3.2. Argentina

7.3.3.3. Others

7.4. Europe

7.4.1. By Load Capacity

7.4.2. By End-User

7.4.3. By Country

7.4.3.1. Germany

7.4.3.2. United Kingdom

7.4.3.3. France

7.4.3.4. Spain

7.4.3.5. Others

7.5. Middle East and Africa

7.5.1. By Load Capacity

7.5.2. By End-User

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.2. UAE

7.5.3.3. Others

7.6. Asia Pacific

7.6.1. By Load Capacity

7.6.2. By End-User

7.6.3. By Country

7.6.3.1. China

7.6.3.2. Japan

7.6.3.3. South Korea

7.6.3.4. India

7.6.3.5. Thailand

7.6.3.6. Taiwan

7.6.3.7. Indonesia

7.6.3.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Bastian Solutions, Inc. 

9.2. Electroclass 

9.3. Kardex Group 

9.4. SencorpWhite, Inc.  

9.5. SSI SCHAEFER 

9.6. ULMA Handling Systems 

9.7. Vidir Machine, Inc. 

9.8. Craftsman Storage Systems 

9.9. Rana Material Handling Equipments Pvt. Ltd. 

9.10. Eros Metal Works (P) Ltd. 

9.11. Radheiot Techno Private Limited 

9.12. Linpic Limited 

9.13. Hänel Büro- und Lagersysteme 

9.14. Cisco-Eagle Inc. 

Bastian Solutions, Inc. 

Electroclass 

Kardex Group 

SencorpWhite, Inc.  

SSI SCHAEFER 

ULMA Handling Systems 

Vidir Machine, Inc. 

Craftsman Storage Systems 

Rana Material Handling Equipments Pvt. Ltd. 

Eros Metal Works (P) Ltd. 

Radheiot Techno Private Limited 

Linpic Limited 

Hänel Büro- und Lagersysteme 

Cisco-Eagle Inc.