Global Warehouse Racking Market Size study, By Product (Selective Pallets, Drive-in, Push Back, Pallet Flow, Cantilever, Others), By Application (Retail, Food & Beverage, Automotive, Packaging, Manufacturing, Others) and Regional Forecasts 2021-2027

Global Warehouse Racking Market Size study, By Product (Selective Pallets, Drive-in, Push Back, Pallet Flow, Cantilever, Others), By Application (Retail, Food & Beverage, Automotive, Packaging, Manufacturing, Others) and Regional Forecasts 2021-2027

Global Warehouse Racking Market is valued at approximately USD 8.49 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.70 % over the forecast period 2021-2027. Warehouse Racking is used for the proper management of goods such as in retail, food and beverages industries. It is available in selective pallets and drive in type. The increasing demand for systematic storage has led to the adoption of Warehouse Racking across the forecast period. For Instance: according to the World Health Organization (WHO) in 2020, safe and nutritious food is the key to good health and sustaining life. It states that unsafe food containing harmful viruses, bacteria, parasites, and chemical substances causes more than 200 diseases such as diarrhoea, cancer etc. Thus, to minimize foodborne illness globally WHO is working to spread awareness and implement laws towards the safety of food which includes the use of warehouse racking in food stores and warehouses etc. Increasing awareness about the warehouse racking market pushes the market growth of warehouse racking. Also, with the increasing government investment in easy material handling processes, the adoption & demand for Warehouse Racking is likely to increase the market growth during the forecast period. However, complex management and high deployment cost impede the growth of the market over the forecast period of 2021-2027.

The geographical regions considered for the global Warehouse Racking market analysis includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is deemed as the significant region across the globe in terms of huge market share due to the increasing e-commerce platforms, rising construction activities in favor of warehouse building.
Whereas, Europe is also estimated to attain a maximum growth rate during 2021-2027. Factors such as increasing advancements and innovations in automated warehouse development would create beneficial growth forecasts for the Warehouse Racking market across Europe region.

Major market players included in this report are:
Daifuku Co., Ltd.
Mecalux S.A.
Kardex Group
Hannibal Industries, Inc.
Emrack International
Jungheinrich AG
AK Material Handling Systems
SSI SCHAEFER Group
Dematic
Toyota Industries Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Selective Pallets
Drive-in
Push Back
Pallet Flow
Cantilever
Others
By Application:
Retail
Food & Beverages
Automotive
Packaging
Manufacturing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Warehouse Racking Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Daifuku Co., Ltd.
Mecalux S.A.
Kardex Group
Hannibal Industries, Inc.
Emrack International
Jungheinrich AG
AK Material Handling Systems
SSI SCHAEFER Group
Dematic
Toyota Industries Corporation

Please note: The single user license is non-downloadable and non-printable. Global Site license allows these actions.