Global Market for Dock Door is Predicted to Exceed US$ 8 Billion By ... - GlobeNewswire

The global market for dock doors is expected to reach a valuation of US$ 8.7 billion by 2031, growing at a CAGR of 5.4% from 2022. The increase in small and medium-sized businesses, particularly in countries like India and South Africa, along with the growth of the e-commerce industry and automation in the shipping sector, is driving the demand for dock doors. Internet access and smartphone use are also contributing to the rise in online shopping. Leading companies in the dock door market include ASSA ABLOY, Pentalift Equipment Corporation, and Hörmann.

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