Analysis of the Russian Shelf Market
Market Size and Growth
With the deepening of Sino-Russian economic cooperation and the expansion of Russia’s e-commerce and consumer goods markets, the demand for angle steel shelves, rivet shelves and storage shelves has surged. For example, the annual sales of the Russian iron shelf market has grown steadily and is expected to maintain a good momentum in the next few years.
Market demand characteristics
E-commerce and retail are the main application areas: The development of e-commerce has led to a surge in demand for shelves in the logistics and warehousing fields, and heavy-duty storage shelves account for a large proportion of the e-commerce and retail application markets. Therefore, our company continues to upgrade the process to ensure that the storage shelves produced have better load-bearing capacity to ensure that Russian customers can put more goods on the storage shelves.
Development trend
The market continues to grow: Russia’s economic development, government support for the logistics and retail industries, and the increasing demand for modern warehousing and logistics equipment will drive the shelf market to grow further.Our company also seized this opportunity and began to enter the Russian market.
Challenges faced
Logistics and supply chain issues: Russia has harsh climatic conditions, poor transportation in some areas in winter, and less perfect infrastructure construction than China, which puts higher requirements on logistics and supply chain management. Therefore, our company has carried out more delicate packaging of products to ensure that the products will not be damaged during transportation.