Report overview
Pallet rack is a material handling storage aid system designed to store materials on pallets (or ?skids?). Although there are many varieties of pallet racking, all types allow for the storage of palletized materials in horizontal rows with multiple levels. Since the Second World War, pallet racks have become an essential and ubiquitous element of most modern warehouses, manufacturing facilities, retail centers, and other storage and distribution facilities.
All types of pallet racking increase storage density of the stored goods. Costs associated with the racking increases with increasing storage density.
This report aims to provide a comprehensive presentation of the global market for Pallet Rack, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pallet Rack. This report contains market size and forecasts of Pallet Rack in global, including the following market information:
Global Pallet Rack Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Pallet Rack Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Pallet Rack companies in 2022 (%)
The global Pallet Rack market was valued at US$ 2825.7 million in 2022 and is projected to reach US$ 3869.6 million by 2029, at a CAGR of 4.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major types of Pallet Rack are Selective pallet rack, Drive-in and drive-through pallet rack, Push-back pallet rack, Pallet flow rack, etc. Selective pallet rack is the dominated type, which accounting for above 40% sales share in terms of volume.
Averys, SSI SCHAEFER, Unarco Material Handling, Ridg-U-Rak, KION Group, Steel King, Mecalux and Elite Storage Solutions are the top 8 players of Pallet Rack, with about 20% market shares. In 2018, North America accounted for 27% of the primary sales market share.
We surveyed the Pallet Rack manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Pallet Rack Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Pallet Rack Market Segment Percentages, by Type, 2022 (%)
Selective Pallet Rack
Drive-In and Drive-Through Pallet Rack
Push-Back Pallet Rack
Pallet Flow Rack
Others
Global Pallet Rack Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Pallet Rack Market Segment Percentages, by Application, 2022 (%)
Distribution Centers
Manufacturing Facilities
Large-Scale Retail
Others
Global Pallet Rack Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Pallet Rack Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Pallet Rack revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Pallet Rack revenues share in global market, 2022 (%)
Key companies Pallet Rack sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Pallet Rack sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Averys
SSI SCHAEFER
Unarco Material Handling
Ridg-U-Rak
KION Group
Steel King
Mecalux
Elite Storage Solutions
Daifuku
Advance Storage Products
AR Racking
Inform
Hannibal Industries
Nedcon
JINGXING
TKSL
Frazier Industrial
Top-tiger
Murata Machinery
Rack Builders
North American Steel
Speedrack Products
Constructor Group
Ouyade
Sanshin Metal Working
Nanjing Kingmore
Tianjin Master Logistics
Jiangsu NOVA
Outline of Major Chapters:
Chapter 1: Introduces the definition of Pallet Rack, market overview.
Chapter 2: Global Pallet Rack market size in revenue and volume.
Chapter 3: Detailed analysis of Pallet Rack manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Pallet Rack in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Pallet Rack capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
