파렛트 랙 시스템 시장 예측(-2030년) : 유형별, 시스템 유형별, 프레임 적재량별, 컴포넌트별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Pallet Racking System Market is accounted for $8.7 billion in 2024 and is expected to reach $14.7 billion by 2030 growing at a CAGR of 9.1% during the forecast period. A pallet racking system is an essential component in warehouses and storage facilities, designed to store palletized materials in horizontal rows with multiple levels. The system optimizes space utilization, enhancing storage capacity and organization. There are various types of pallet racking, including selective, drive-in, push-back, and pallet flow racks, each catering to specific storage needs and inventory management strategies. Selective racking offers direct access to each pallet, making it ideal for a wide range of products.

Market Dynamics:

Driver:

Booming e-commerce industry

Pallet racking systems, essential for maximizing storage space and improving inventory management, are becoming crucial to meet this demand. The need for faster order fulfillment and optimized logistics drives the adoption of advanced racking systems, including automated and high-density options. Additionally, the growth of e-commerce encourages investments in large-scale warehouses, further boosting the pallet racking market.

Restraint:

Limited space utilization for some systems

Traditional racking systems often fail to maximize available warehouse space, leading to inefficiencies and increased operational costs. This limitation is particularly problematic for businesses with smaller or irregularly shaped storage areas, where optimal space utilization is crucial. As a result, companies may hesitate to invest in standard pallet racking solutions, instead seeking more flexible and innovative storage options. The inability to fully utilize vertical and horizontal space can also hinder inventory management and reduce overall productivity.

Opportunity:

Increasing adoption of automation in warehouses

Automated systems, including robotics and automated storage and retrieval systems (AS/RS), demand specialized racking solutions to accommodate the precision and efficiency these technologies require. This shift drives the development and adoption of advanced pallet racking systems designed to integrate seamlessly with automation. Features such as high-density storage, enhanced durability, and compatibility with automated equipment become essential. Consequently, manufacturers and suppliers of pallet racking systems experience heightened demand for innovative and customized solutions encouraging the growth of the market.

Threat:

High initial investment

Pallet racking systems especially advanced and automated solutions entail substantial upfront costs for materials, installation, and integration with existing warehouse operations. This financial barrier can deter small to medium-sized businesses and startups with limited capital from adopting these systems, potentially slowing market growth. Moreover, the lengthy return on investment period can make it challenging for businesses to justify the expense, particularly in uncertain economic conditions, further hindering market expansion.

Covid-19 Impact:

The surge in e-commerce and online shopping during lockdowns increased demand for efficient warehouse storage solutions, boosting the market. However, supply chain disruptions and labour shortages slowed production and installation processes, causing delays and increased costs. Additionally, economic uncertainty led some businesses to postpone investments in new racking systems. Despite these challenges, the long-term outlook remains positive as the shift towards online retail and the need for optimized storage solutions continue to drive market growth post-pandemic.

The selective pallet racking segment is expected to be the largest during the forecast period

The selective pallet racking is expected to be the largest during the forecast period as it offers easy access to every pallet, making it ideal for businesses with a diverse inventory and varying stock-keeping units (SKUs). This accessibility improves inventory management and order fulfilment efficiency, driving its widespread adoption. As businesses seek to balance cost, flexibility, and accessibility, selective pallet racking continues to play a pivotal role in the pallet racking system market.

The mobile racking segment is expected to have the highest CAGR during the forecast period

The mobile racking segment is expected to have the highest CAGR during the forecast period because these systems are mounted on mobile bases that can be electronically moved along tracks, allowing aisles to open only when needed. Moreover this maximizes storage density and is particularly beneficial for businesses with high inventory turnover or limited warehouse space. The efficient use of space and improved accessibility provided by mobile racking systems make them attractive for various industries, including retail, logistics, and manufacturing. Their ability to adapt to changing inventory needs and warehouse layouts further drives demand.

Region with largest share:

North America is projected to hold the largest market share during the forecast period owing to the expansion of e-commerce, particularly in the United States, has led to increased demand for efficient storage solutions in warehouses and distribution centers. Companies are investing in advanced pallet racking systems to optimize space utilization, improve inventory management, and enhance order fulfilment efficiency. Additionally, the region's robust industrial sector, including manufacturing and logistics, contributes to the demand for durable and versatile pallet racking systems.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period owing to technological advancements, such as the integration of automated storage and retrieval systems (AS/RS), are further propelling market growth. These innovations provide enhanced efficiency and accuracy in warehouse operations, making them attractive to businesses aiming to stay competitive. Hence, Asia Pacific pallet racking system market remains positive, with steady demand anticipated from various industries seeking to improve their storage and logistics capabilities.

Key players in the market

Some of the key players in Pallet Racking System market include AVERYS Group , Daifuku Co., Ltd, DexionGmbh, DR Storage Systems, Elite Storage Solutions Inc., Estral Innovation and Applied Logistics, Hannibal Industries, Inc., InterrollDyanmic Storage, Jungheinrich AG, KARDEX AG, Mecalux SA, Montel Inc., Nedcon B.V., SSI Schaefer, Stocklin Logistics de Mexico and VerticeDiseno S.A.

Key Developments:

In June 2024, MIT center for transportation & logistics launches new lab supported by Mecalux to research the potential of AI in logistics. Mecalux intends to provide technical insights and support from its software and automation experts over the next few years.

In February 2024, Innovative storage solutions forge stronger BILKA-Dexion partnership. Dominating the Romanian market, BILKA's products are renowned for quality and durability, catering to one-fourth of the country's roofing needs.

In October 2023, Avery Dennison has signed a definitive agreement to acquire Silver Crystal Group, an established player in sports apparel customization and application across in-venue, direct-to-business, and e-commerce platforms.

Types Covered:

• Selective Pallet Racking
• Drive-in/Drive-through Racking
• Push-back Racking
• Narrow Aisle Rack
• Gravity Flow Rack
• Other Types

System Types Covered:

• Conventional
• Mobile Racking
• Shuttle Racking
• Hybrid & Customized

Frame Load Capacities Covered:

• Light Duty (Up to 5,000 lbs per frame)
• Medium Duty (5,000 to 10,000 lbs per frame)
• Heavy Duty (Over 10,000 lbs per frame)
• Custom/High Capacity Systems (Over 20,000 lbs per frame)

Components Covered:

• Frames & Beams
• Bracing
• Wire Decking
• Support Bars
• Safety Accessories
• Other Components

Applications Covered:

• Warehousing
• Distribution Centers
• Manufacturing Facilities
• Retail Stores
• Other Applications

End Users Covered:

• Logistics & Distribution
• Food & Beverage
• Automotive
• Pharmaceuticals & Healthcare
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • 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
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• 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

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Pallet Racking System Market, By Type

• 5.1 Introduction
• 5.2 Selective Pallet Racking
• 5.3 Drive-in/Drive-through Racking
• 5.4 Push-back Racking
• 5.5 Narrow Aisle Rack
• 5.6 Gravity Flow Rack
• 5.7 Other Types

6 Global Pallet Racking System Market, By System Type

• 6.1 Introduction
• 6.2 Conventional
• 6.3 Shuttle Racking
• 6.4 Shuttle Racking
• 6.5 Hybrid & Customized

7 Global Pallet Racking System Market, By Frame Load Capacity

• 7.1 Introduction
• 7.2 Light Duty (Up to 5,000 lbs per frame)
• 7.3 Medium Duty (5,000 to 10,000 lbs per frame)
• 7.4 Heavy Duty (Over 10,000 lbs per frame)
• 7.5 Custom/High Capacity Systems (Over 20,000 lbs per frame)

8 Global Pallet Racking System Market, By Component

• 8.1 Introduction
• 8.2 Frames & Beams
• 8.3 Bracing
• 8.4 Wire Decking
• 8.5 Support Bars
• 8.6 Safety Accessories
• 8.7 Other Components

9 Global Pallet Racking System Market, By Application

• 9.1 Introduction
• 9.2 Warehousing
• 9.3 Distribution Centers
• 9.4 Manufacturing Facilities
• 9.5 Retail Stores
• 9.6 Other Applications

10 Global Pallet Racking System Market, By End User

• 10.1 Introduction
• 10.2 Logistics & Distribution
• 10.3 Food & Beverage
• 10.4 Automotive
• 10.5 Pharmaceuticals & Healthcare
• 10.6 Other End Users

11 Global Pallet Racking System Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 AVERYS Group
• 13.2 Daifuku Co., Ltd
• 13.3 DexionGmbh
• 13.4 DR Storage Systems
• 13.5 Elite Storage Solutions Inc.
• 13.6 Estral Innovation and Applied Logistics
• 13.7 Hannibal Industries, Inc.
• 13.8 InterrollDyanmic Storage
• 13.9 Jungheinrich AG
• 13.10 KARDEX AG
• 13.11 Mecalux SA
• 13.12 Montel Inc.
• 13.13 Nedcon B.V.
• 13.14 SSI Schaefer
• 13.15 Stocklin Logistics de Mexico
• 13.16 VerticeDiseno S.A.