Warehouse Racking Market By Reports And Data
Warehouse Racking Market To
Reach USD 11.02 Billion By 2027
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Market Summary
Rapid development of e-retail and the growing market for food
& beverages are the drivers for the growth of the market.
Market Size – USD 8.52 Billion in 2019, Market Growth - CAGR of
3.5%, Market Trends – High demand from E-Commerce.
The global Warehouse Racking market is forecast to reach USD
11.02 Billion by 2027, according to a new report by Reports and
Data. Warehouse racking systems of different types have become
an integral part of warehouse operations and inventory needs.
The main goals have been to make the best use of warehouse
floor space, maximize worker productivity, and minimize
inventory management costs. Industries adopt a range of racking
systems that best meet their needs in terms of warehouse
design, type of goods and materials stored, expected capacity,
and specific picking process used. These considerations also aid
in choosing the choice of materials from which the racks should
be made.
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In recent years, developed countries like the UK have experienced a growing trend in warehouse
automation. This opens up new lucrative avenues. Besides, the expansion of the storage system product
portfolio is a notable trend that is driving demand for new designs and materials in warehouse racking
systems. Much of the growth in the warehouse racking market also stems from the ever-increasing need for
frozen food storage in various parts of the world. The pace of growth in e-commerce sales in emerging
economies has spurred demand for more massive warehouse racks. The growing need for bulk storage in
various parts of the world is also boosting prospects in the market.
Several other retail businesses have also suffered from crippling inconsistencies in meeting consumer
demands due to the lack of appropriate warehouse shelving. In this regard, the growing demand for
automated storage and retrieval systems in warehouse infrastructure has also opened up new avenues for
players in the market.
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Key participants include Daifuku, Ltd., Mecalux, S.A., SSI Schaefer, Foothills Systems, Hannibal Industries,
EMRACK INTERNATIONAL, Kardex Group, ARPAC. Dematic, and Jungheinrich AG, among others.
For the purpose of this report, Reports and Data have segmented into the global Warehouse Racking
market on the basis of Type, Carrying Capacity, End-Use Industry, and Region:
Type Outlook (Revenue, USD Billion; 2017-2027)
• Selective Pallet
• Push Back
• Drive-In
• Pallet Flow
• Cantilever
• Others
Carrying Capacity Outlook (Revenue, USD Billion; 2017-2027)
• Light Duty
• Medium Duty
• Heavy Duty
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End-Use Industry Outlook (Revenue, USD Billion; 2017-2027)
•Automotive
•Food and Beverage
•Manufacturing
•Retail
•Packaging
•Others
Regional Outlook (Revenue, USD Million; 2019-2026, and Volume Metric Tons-2026)
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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About Us
A b oOuutr U Aspproach
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