Pallet Racking System Market

Pallet Racking System - Global Market Outlook (2017-2026)

4.5 (55 reviews)
Published: June 2019 ID: SMRC18367
4.5 (55 reviews)
Published: June 2019 ID: SMRC18367

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Pallet Racking System Market is accounted for $7.26 billion in 2017 and is expected to reach $15.84 billion by 2026 growing at a CAGR of 9.1%. Factors such as increase demand in e commerce, rise in the demand of the stand alone sub systems are fueling the market growth. However, huge investment for smaller firms acts as hindrance for the growth of the market.

Pallet rack is a material handling storage aid system designed to store materials on pallets. Although there are many varieties of pallet racking, all types allow for the storage of palletized materials in horizontal rows with multiple levels.

Amongst end user, Logistics & Warehousing segment has significant market share during the forecast period. Due to growth in the retail, e-commerce and production industries. The transport of goods throughout the world requires logistics and warehousing. By geography, Asia Pacific region has emerged as the propelling market share because Government of India has taken a lot of initiatives in the infrastructure department, which include improving the connectivity between prominent metro cities, as well as ports.

Some of the key players in Pallet Racking System market include AK Material Handling Systems, Dexion Gmbh, Elite Storage Solutions Inc., Elite Storage Solutions Inc., Estral Innovation and Applied Logistics, Frazier Industrial Company, Hannibal Industries, Inc., Interroll Dyanmic Storage, NEDCON B.V., PROMAN s.r.o., Ridg-U-Rak Inc., SSI Schaefer, Stöcklin Logistics de México, Storage Equipment Systems, Inc., and Vertice Diseño S.A.

Racking Systems Covered:
• Selective Pallet Rack
• Push-back Rack
• Narrow Aisle Rack
• Mezzanine
• Gravity Flow Rack
• Drive-in Rack
• Other Racking Systems

Frame Load Capacities Covered:
• Up to 5 Ton
• 10 to 15 Ton
• 5 to 10 Ton
• Above 15 Ton

Systems Covered:
• Shuttle Racking
• Mobile Racking
• Hybrid and Customized
• Conventional

Applications Covered:
• Trays & Crates
• Tires
• Timber & Rolls
• Rigid Sheets
• Pipes & Panels
• Drums & Pails
• Cases & Boxes
• Other Applications

End Users Covered:
• Packaging
• Mining
• Metal Processing & Manufacturing
• Logistics & Warehousing
• Healthcare
• Food & Beverages
• Electrical & Electronics
• Chemicals
• Building & Construction
• Other End Users

Regions Covered:
• North America 
o US
o Canada
o Mexico
• Europe 
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific 
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America 
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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• Regional Segmentation
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• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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