Uploaded on Jan 6, 2022
The pallet racking system market is expected to witness market growth at a rate of approximately 12.0% in the forecast period of 2021 to 2028, and will reach the value of USD 11,100 million by 2028.
Pallet Racking System Market Size, Industry Trends, SWOT Study, Share and Forecast to 2028
Pallet Racking System Market Size, Industry Trends,
SWOT Study, Share and Forecast to 2028
Pallet Racking System Market, By System Type (Conventional, Mobile Racking, Shuttle
Racking, Hybrid/Customized Racking), Racking System Type (Selective Pallet Rack,
Narrow Aisle Rack, Drive-in Rack, Push-back Rack, Gravity Flow Rack, Mezzanine,
Others), Frame Load Capacity (Up to 5 Ton, 5-15 Ton, Above 15 Ton), Application (Cases
& Boxes, Pipes & Panels, Tires, Drums & Pails, Rigid Sheets, Timber & Rolls, Trays &
Crates, Others), End-use Industry (Packaging, Food & Beverage, Electrical & Electronics,
Healthcare, Metal Processing & Manufacturing, Building & Construction, Chemical,
Logistics & Warehousing, Mining, Others), Industry Trends and Forecast to 2028
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Market Analysis and Insights
The pallet racking system market is expected to witness market growth at a rate of
approximately 12.0% in the forecast period of 2021 to 2028, and will reach the value of
USD 11,100 million by 2028. Data Bridge Market Research report on pallet racking
system market provides analysis and insights regarding the various factors expected to
be prevalent throughout the forecast period while providing their impacts on the
market’s growth. The rapid urbanization globally is escalating the growth of pallet
racking system market.
Pallet rack refers to a storage aid material handling system for storing materials on
pallets and are available in many pallet racking variations. All styles make it possible to
store palletized materials in multi-level horizontal rows and used in application such as
drums & pails, timber & rolls, cases & boxes, and trays & crates.
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Major Key Players
Some of the major players operating in this market are :
• Kardex Group
• Jungheinrich AG
• Schaefer Group
• averys.fr, Mecalux, S.A.,
• Nedcon B.V.
• Gonvarri Material Handling
• Montel Inc.
• Hannibal Industries
• Elite Storage Solutions
• Ridg-U-Rak.
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Market Segmentation
• By System Type (Conventional, Mobile Racking, Shuttle Racking,
Hybrid/Customized Racking)
• By Racking System Type (Selective Pallet Rack, Narrow Aisle Rack, Drive-in
Rack, Push-back Rack, Gravity Flow Rack, Mezzanine, Others)
• By Application (Cases & Boxes, Pipes & Panels, Tires, Drums & Pails, Rigid
Sheets, Timber & Rolls, Trays & Crates, Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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