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.
This report contains market size and forecasts of Pallet Racking System in global, including the following market information:
Global Pallet Racking System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Pallet Racking System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Pallet Racking System companies in 2021 (%)
The global Pallet Racking System market was valued at 7224.3 million in 2021 and is projected to reach US$ 10150 million by 2028, at a CAGR of 5.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Up to 5 Ton Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Pallet Racking System include Daifuku, KARDEX, Interroll Dyanmic Storage, Jungheinrich, SSI Schaefer, AVERYS Group, Mecalux, NEDCON and Estral Innovation and Applied Logistics, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Pallet Racking System 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 Racking System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Pallet Racking System Market Segment Percentages, by Type, 2021 (%)
Up to 5 Ton
5 to 10 Ton
10 to 15 Ton
Above 15 Ton
Global Pallet Racking System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Pallet Racking System Market Segment Percentages, by Application, 2021 (%)
Packaging
Food & Beverages
Electrical & Electronics
Building & Construction
Others
Global Pallet Racking System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Pallet Racking System Market Segment Percentages, By Region and Country, 2021 (%)
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 Racking System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Pallet Racking System revenues share in global market, 2021 (%)
Key companies Pallet Racking System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Pallet Racking System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Daifuku
KARDEX
Interroll Dyanmic Storage
Jungheinrich
SSI Schaefer
AVERYS Group
Mecalux
NEDCON
Estral Innovation and Applied Logistics
Dexion Gmbh
Montel
Hannibal Industries
Elite Storage Solutions
Ridg-U-Rak
ATOX SISTEMAS DE ALMACENAJE
Vertice Diseno
Poveda & CIA
Frazier Industrial
DR Storage Systems