“Pallet Racking Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

　　This report focuses on pallet racking market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.

Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.

Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.

Measure the impact of high global inflation on market growth.

Create regional and country strategies on the basis of local data and analysis.

Identify growth segments for investment.

Outperform competitors using forecast data and the drivers and trends shaping the market.

Understand customers based on the latest market shares.

Benchmark performance against key competitors.

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　　Where is the largest and fastest growing market for pallet racking? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The pallet racking market global report ” from The Business Research Company answers all these questions and many more.

　　The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Markets Covered:

1) By System: Conventional; Mobile Racking; Shuttle Racking And Hybrid/Customized Racking

2) By Frame Load Capacity: Up to 5 Ton; 5 to 10 Ton; Above 15 Ton

3) By Racking System Type: Cantilever Racking; Selective Racking; Push Back Racking; Drive-In Racking; Pallet Flow Racking; Carton Flow Racking

4) By End-User: Healthcare; Food And Beverage; Electronics; Packaging; Building And Construction; Chemicals; Other End Users

　　Companies Mentioned: Mecalux SA; Estral Innovation and Applied Logistics; Jungheinrich AG; Montel Inc; Hannibal Industries Inc.

　　Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

　　Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

　　Time series: Five years historic and ten years forecast.

　　Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

　　Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

　　Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

　　Delivery Format: PDF, Word and Excel Data Dashboard.

　　Major players in the pallet racking market are: Mecalux SA, Estral Innovation and Applied Logistics, Jungheinrich AG, Montel Inc. Hannibal Industries Inc. Elite Storage Solutions Inc. SSI Schaefer, Interroll Holding Limited, ATOX SISTEMAS DE ALMACENAJE, Stora Enso Oyj, Georgia-Pacific LLC, Canfor Corporation, International Paper Company Corporation, BillerudKorsnas AB, Burgo Group SPA, Delta Paper Corp. Catalyst Paper Corporation, Asia-Pacific Resources International Holdings Ltd. Rolland Enterprises Inc. Alberta Newsprint Company Ltd. and Finch Paper LLC.

　　The global pallet racking market grew from $10.4 billion in 2022 to $11.4 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pallet racking market is expected to grow to $15.65 billion in 2027 at a CAGR of 8.2%.

　　The pallet racking market includes revenues earned by entities by supporting high stacking of single items or palletized loads. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

　　Pallet racking refers to a single or multi-level storage system that allows for the high stacking of single objects or palletized cargo. These are composed of vertical upright frames and horizontal load beams designed specifically for the loads being stored. It is used for bulk storage of items in distribution facilities.

　　Asia-Pacific was the largest region in the pallet racking market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pallet racking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

　　The main types of systems in the pallet racking market are conventional, mobile racking, shuttle racking, and hybrid/customized racking. A mobile racking system is a system where racks are built on a mobile base and guided by rails on the floor. The different frame load capacities include up to 5 tons, 5 to 10 tons, and above 15 tons. The several types of racking systems are cantilever racking, selective racking, push back racking, drive-in racking, pallet flow racking, and carton flow racking. It is employed in healthcare, food and beverage, electronics, packaging, building and construction, chemicals, and other end users.

　　The increasing demand for warehouse space is expected to propel the growth of the pallet racking market going forward. Industrial racking systems are designed to support goods in a warehouse. With the rise of online shopping, the need for warehouses has increased to the point that a vast global logistics and distribution network is required. For instance, according to CBRE, a US-based real estate firm, e-commerce will account for one-quarter of all retail sales by 2025, which will require an additional 330 million square feet of warehouse space to accommodate the goods. Therefore, the demand for warehouse space is driving the growth of the pallet racking market.

　　The emergence of automated clad-rack warehouses is a key trend gaining popularity in the pallet racking market. Major companies operating in the pallet racking sector are focused on new innovative products to gain a competitive advantage. For instance, in November 2021, SSI SCHAEFER and Tee Yih Jia Food Manufacturing Pte Ltd. launched Singapore's largest automated rack-clad high bay warehouse storage facility in Q1 2022 inside the "Tee Yih Jia Food Hub," Tee Yih Jia's brand-new $450 million manufacturing facility in Senoko. The facility has an automated storage and retrieval system (ASRS) that enables automated placement and retrieval of high-volume cargoes from TYJ's storage locations.

　　In April 2021, Industrial Workspace Specialists (IWS Group) Ltd. a UK-based industrial workspace company, acquired The Rack Group for an undisclosed amount. For The Rack Group, the acquisition would strengthen its resources, infrastructure, and capability to provide its customers with the highest standards of service, customer care, and innovation. It will also allow Rack Group to offer its customers a wider breadth of service and product solutions. The Rack Group is a UK-based company that provides pallet racking safety, inspection, repair, and maintenance services.

　　The countries covered in the pallet racking market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

　　The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

　　The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

　　The pallet racking market research report is one of a series of new reports from The Business Research Company that provides pallet racking market statistics, including global market size, regional shares, competitors with a pallet racking market share, detailed pallet racking market segments, market trends and opportunities, and any further data you may need to thrive in the pallet racking industry. This pallet racking market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

1. Executive Summary

2. Pallet Racking Market Characteristics

3. Pallet Racking Market Trends And Strategies

4. Pallet Racking Market - Macro Economic Scenario

4.1 COVID-19 Impact On Pallet Racking Market

4.2 Ukraine-Russia War Impact On Pallet Racking Market

4.3 Impact Of High Inflation On Pallet Racking Market

5. Pallet Racking Market Size And Growth

5.1. Global Pallet Racking Historic Market, 2017-2022, $ Billion

5.1.1. Drivers Of The Market

5.1.2. Restraints On The Market

5.2. Global Pallet Racking Forecast Market, 2022-2027F, 2032F, $ Billion

5.2.1. Drivers Of The Market

5.2.2. Restraints On the Market

6. Pallet Racking Market Segmentation

6.1. Global Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Conventional

Mobile Racking

Shuttle Racking And Hybrid or Customized Racking

6.2. Global Pallet Racking Market, Segmentation By Frame Load Capacity, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Up to 5 Ton

5 to 10 Ton

　　Above 15 Ton

6.3. Global Pallet Racking Market, Segmentation By Racking System Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Cantilever Racking

Selective Racking

Push Back Racking

Drive-In Racking

Pallet Flow Racking

Carton Flow Racking

6.4. Global Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Healthcare

Food And Beverage

Electronics

Packaging

Building And Construction

Chemicals

Other End Users

7. Pallet Racking Market Regional And Country Analysis

7.1. Global Pallet Racking Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

7.2. Global Pallet Racking Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Pallet Racking Market

8.1. Asia-Pacific Pallet Racking Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8.3. Asia-Pacific Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Pallet Racking Market

9.1. China Pallet Racking Market Overview

9.2. China Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

9.3. China Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Pallet Racking Market

10.1. India Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

10.2. India Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Pallet Racking Market

11.1. Japan Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11.2. Japan Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Pallet Racking Market

12.1. Australia Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12.2. Australia Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Pallet Racking Market

13.1. Indonesia Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13.2. Indonesia Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Pallet Racking Market

14.1. South Korea Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14.2. South Korea Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Pallet Racking Market

15.1. Western Europe Pallet Racking Market Overview

15.2. Western Europe Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15.3. Western Europe Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Pallet Racking Market

16.1. UK Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16.2. UK Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Pallet Racking Market

17.1. Germany Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17.2. Germany Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Pallet Racking Market

18.1. France Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18.2. France Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Pallet Racking Market

19.1. Eastern Europe Pallet Racking Market Overview

19.2. Eastern Europe Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19.3. Eastern Europe Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Pallet Racking Market

20.1. Russia Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20.2. Russia Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Pallet Racking Market

21.1. North America Pallet Racking Market Overview

21.2. North America Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21.3. North America Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Pallet Racking Market

22.1. USA Pallet Racking Market Overview

22.2. USA Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22.3. USA Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Pallet Racking Market

23.1. South America Pallet Racking Market Overview

23.2. South America Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23.3. South America Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Pallet Racking Market

24.1. Brazil Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24.2. Brazil Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Pallet Racking Market

25.1. Middle East Pallet Racking Market Overview

25.2. Middle East Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25.3. Middle East Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Pallet Racking Market

26.1. Africa Pallet Racking Market Overview

26.2. Africa Pallet Racking Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26.3. Africa Pallet Racking Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Pallet Racking Market Competitive Landscape And Company Profiles

27.1. Pallet Racking Market Competitive Landscape

27.2. Pallet Racking Market Company Profiles

27.2.1. Mecalux SA

27.2.1.1. Overview

27.2.1.2. Products and Services

27.2.1.3. Strategy

27.2.1.4. Financial Performance

27.2.2. Estral Innovation and Applied Logistics

27.2.2.1. Overview

27.2.2.2. Products and Services

27.2.2.3. Strategy

27.2.2.4. Financial Performance

27.2.3. Jungheinrich AG

27.2.3.1. Overview

27.2.3.2. Products and Services

27.2.3.3. Strategy

27.2.3.4. Financial Performance

27.2.4. Montel Inc

27.2.4.1. Overview

27.2.4.2. Products and Services

27.2.4.3. Strategy

27.2.4.4. Financial Performance

27.2.5. Hannibal Industries Inc.

27.2.5.1. Overview

27.2.5.2. Products and Services

27.2.5.3. Strategy

27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Pallet Racking Market

29. Pallet Racking Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations

30.2. Currencies

30.3. Historic And Forecast Inflation Rates

30.4. Research Inquiries

30.5. The Business Research Company

30.6. Copyright And Disclaimer