Warehouse Racking Market Size, Share & Trends Analysis Report By Product (Selective Pallet, Drive-In, Push Back, Pallet Flow, Cantilever), By Application, By Region, And Segment Forecasts, 2019 - 2025

Published: Oct, 2019 | Pages: 143 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

The global warehouse racking market size is expected to reach USD 10.5 billion by 2025, ascending at a CAGR of 3.6% over the forecast period, according to a new report by Grand View Research, Inc. Optimized utilization of warehouse space and structural storage of objects in racking systems is expected to propel their demand. High load-bearing capacity and rigidity of rack structures are expected to be the key factors propelling their demand in heavy duty applications.

These systems are commercially available in various structures, patterns, and designs, thus are gaining high consumer traction. Racking offers easy handling of materials and optimized way of product selection, thus are popular in large-scale storage facilities. Forklifts and conveyer mechanisms are used in racks to provide access to every object stored in racking structure.

Systematic storage of stock in warehouse and easy accessibility provided by racks are considered beneficial for applications such as retail and food & beverage. These systems are widely used in large warehouses where heavy, fragile, and ductile objects are stored. Developments in the industry have introduced enhanced racking with improved durability and lifespan of pallets used in the systems.

Prominent players in the warehouse racking industry are focusing on providing installation and maintenance services to the customers. The market is characterized by multinational and a large number of domestic players engaged in production and distribution of racking systems. Major players in the market include Daifuku Co., Ltd.; AK Material Handling Systems; Hannibal Industries, Inc.; and Mecalux, S.A.

Further key findings from the report suggest:

• Selective pallet system is expected to grow at the fastest CAGR of 4.2% over the forecast period owing to provision of easy accessibility to materials and less complicated structural rack design

• In 2018, retail applications for warehouse system dominated the market with a share of over 30% and is anticipated to progress with the highest CAGR over the forecast period on account of increasing e-commerce applications

• In Europe, the revenue for drive-in racking system in 2018 stood at USD 228.3 million and is likely to grow over the forecast period with growing acceptance of modern technology automation in racking systems in the region

• North America registered the largest warehouse racking market for warehouse racking in 2018 owing to well-established distribution networks for retail, food & beverage, and automotive applications in the region

• In 2019, Michelin North America, Inc. announced its operations of a new three million square feet distribution and warehouse, wherein the company installed racking systems and forklifts to smoothen the operations.

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Research Methodology
                    1.2. Research Scope & Assumption
                    1.3. Information Procurement
                        1.3.1. Purchased Database
                        1.3.2. GVR's Internal Database
                        1.3.3. Secondary Sources & Third-Party Perspectives
                        1.3.4. Primary Research
                    1.4. Information Analysis
                        1.4.1. Data Analysis Models
                    1.5. Market Formulation & Data Visualization
                    1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segmental Outlook
                    2.3. Competitive Insights

Chapter 3. Warehouse Racking Market Variables, Trends, & Scope
                    3.1. Penetration & Growth Prospect Mapping
                    3.2. Industry Value Chain Analysis
                        3.2.1. Raw Material Trends
                        3.2.2. Manufacturing Trends
                        3.2.3. Sales Channel Analysis
                    3.3. Technology Overview
                    3.4. Regulatory Framework
                    3.5. Market Dynamics
                        3.5.1. Market Driver Analysis
                        3.5.2. Market Restraint Analysis
                        3.5.3. Industry Challenges
                    3.6. Business Environment Analysis: Warehouse Racking Market
                        3.6.1. Industry Analysis - Porter's
                            3.6.1.1. Supplier Power
                            3.6.1.2. Buyer Power
                            3.6.1.3. Threat of Substitution
                            3.6.1.4. Threat from New Entrants
                            3.6.1.5. Competitive Rivalry
                        3.6.2. PESTEL Analysis
                            3.6.2.1. Political Landscape
                            3.6.2.2. Environmental Landscape
                            3.6.2.3. Social Landscape
                            3.6.2.4. Technology Landscape
                            3.6.2.5. Economic Landscape
                            3.6.2.6. Legal Landscape
                        3.6.3. Major Deals & Strategic Alliances Analysis
                    3.7. Case Studies

Chapter 4. Warehouse Racking Market: Product Estimates & Trend Analysis
                    4.1. Definition & Scope
                    4.2. Product Movement Analysis & Market Share, 2018 & 2025
                    4.3. Market size & forecasts and trend analysis, 2014 to 2025
                        4.3.1. Selective Pallet
                            4.3.1.1. Selective Pallet Racking Market Estimates and Forecasts, 2014 - 2025 (USD Million)
                        4.3.2. Drive-In
                            4.3.2.1. Drive-In Racking Market Estimates and Forecasts, 2014 - 2025, (USD Million)
                        4.3.3. Push Back
                            4.3.3.1. Push Back Racking Market Estimates and Forecasts, 2014 - 2025, (USD Million)
                        4.3.4. Pallet Flow
                            4.3.4.1. 4.3.3.1 Pallet Flow Racking Market Estimates and Forecasts, 2014 - 2025, (USD Million)
                        4.3.5. Cantilever
                            4.3.5.1. Cantilever Racking Market Estimates and Forecasts, 2014 - 2025, (USD Million)
                        4.3.6. Others
                            4.3.6.1. Others Racking Market Estimates and Forecasts, 2014 - 2025, (USD Million)

Chapter 5. Warehouse Racking Market: Application Estimates & Trend Analysis
                    5.1. Definition & Scope
                    5.2. Application Movement Analysis & Market Share, 2018 & 2025
                    5.3. Market size & forecasts and trend analysis, 2014 to 2025
                        5.3.1. Automotive
                            5.3.1.1. Market Estimates and Forecasts in Automotive Application, 2014 - 2025, (USD Million)
                        5.3.2. Food & Beverage
                            5.3.2.1. Market Estimates and Forecasts in Food & Beverage Application, 2014 - 2025, (USD Million)
                        5.3.3. Retail
                            5.3.3.1. Market Estimates and Forecasts in Retail Application, 2014 - 2025, (USD Million)
                        5.3.4. Packaging
                            5.3.4.1. Market Estimates and Forecasts in Packaging Application, 2014 - 2025, (USD Million)
                        5.3.5. Manufacturing
                            5.3.5.1. Market Estimates and Forecasts in Manufacturing Application, 2014 - 2025, (USD Million)
                        5.3.6. Others
                            5.3.6.1. Market Estimates and Forecasts in Others Application, 2014 - 2025, (USD Million)

Chapter 6. Warehouse Racking Market: Regional Estimates & Trend Analysis
                    6.1. Regional Market Snapshot
                    6.2. Market Size & Forecasts and Trend Analysis, 2014 to 2025
                        6.2.1. North America
                            6.2.1.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                            6.2.1.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                            6.2.1.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.1.4. U.S.
                                6.2.1.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.1.4.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.1.4.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.1.5. Canada
                                6.2.1.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.1.5.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.1.5.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.1.6. Mexico
                                6.2.1.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.1.6.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.1.6.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                        6.2.2. Europe
                            6.2.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                            6.2.2.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                            6.2.2.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.2.4. U.K.
                                6.2.2.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.2.4.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.2.4.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.2.5. Germany
                                6.2.2.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.2.5.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.2.5.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.2.6. Spain
                                6.2.2.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.2.6.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.2.6.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.2.7. Italy
                                6.2.2.7.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.2.7.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.2.7.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.2.8. Russia
                                6.2.2.8.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.2.8.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.2.8.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                        6.2.3. Asia Pacific
                            6.2.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                            6.2.3.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                            6.2.3.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.3.4. China
                                6.2.3.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.3.4.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.3.4.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.3.5. Japan
                                6.2.3.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.3.5.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.3.5.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.3.6. India
                                6.2.3.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.3.6.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.3.6.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                        6.2.4. Central & South America
                            6.2.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                            6.2.4.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                            6.2.4.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.4.4. Brazil
                                6.2.4.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.4.4.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.4.4.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                        6.2.5. Middle East & Africa
                            6.2.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                            6.2.5.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                            6.2.5.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                            6.2.5.4. Saudi Arabia
                                6.2.5.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                                6.2.5.4.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                                6.2.5.4.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)

Chapter 7. Warehouse Racking Market - Competitive Analysis
                    7.1. Key Company Market Share
                    7.2. Key Players, Recent Developments, & Their Impact on the Industry
                    7.3. Key Company/Competition Categorization
                    7.4. Vendor Landscape
                        7.4.1. List of key distributors and channel partners
                    7.5. Public Companies
                        7.5.1. Company Market Position Analysis
                        7.5.2. Company Market Ranking, By Region
                        7.5.3. Competitive Dashboard Analysis
                        7.5.4. SWOT
                    7.6. Private Companies
                        7.6.1. List of key emerging companies and their Geographical Presence

Chapter 8. Company Profiles
                    8.1. Daifuku Co., Ltd.
                        8.1.1. Company Overview
                        8.1.2. Financial Performance
                        8.1.3. Product Benchmarking
                        8.1.4. Strategic Initiatives
                    8.2. Mecalux, S.A.
                        8.2.1. Company Overview
                        8.2.2. Financial Performance
                        8.2.3. Product Benchmarking
                        8.2.4. Strategic Initiatives
                    8.3. Kardex Group
                        8.3.1. Company Overview
                        8.3.2. Financial Performance
                        8.3.3. Product Benchmarking
                        8.3.4. Strategic Initiatives
                    8.4. Hannibal Industries
                        8.4.1. Company Overview
                        8.4.2. Financial Performance
                        8.4.3. Product Benchmarking
                        8.4.4. Strategic Initiatives
                    8.5. EMRACK INTERNATIONAL
                        8.5.1. Company Overview
                        8.5.2. Financial Performance
                        8.5.3. Product Benchmarking
                        8.5.4. Strategic Initiatives
                    8.6. Jungheinrich AG
                        8.6.1. Company Overview
                        8.6.2. Financial Performance
                        8.6.3. Product Benchmarking
                        8.6.4. Strategic Initiatives
                    8.7. Georgia-Pacific
                        8.7.1. Company Overview
                        8.7.2. Financial Performance
                        8.7.3. Product Benchmarking
                        8.7.4. Strategic Initiatives
                    8.8. AK Material Handling Systems
                        8.8.1. Company Overview
                        8.8.2. Financial Performance
                        8.8.3. Product Benchmarking
                        8.8.4. Strategic Initiatives
                    8.9. SSI Schaefer
                        8.9.1. Company Overview
                        8.9.2. Financial Performance
                        8.9.3. Product Benchmarking
                        8.9.4. Strategic Initiatives
                    8.10. Dematic
                        8.10.1. Company Overview
                        8.10.2. Financial Performance
                        8.10.3. Product Benchmarking
                        8.10.4. Strategic Initiatives

List of Tables

Table 1 Selective Pallet Racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 2 Drive-In Racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 3 Push Back Racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 4 Pallet Flow Racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 5 Cantilever Racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 6 Others Racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 7 Warehouse racking market estimates and forecasts, in automotive application 2014 - 2025 (USD Million)
Table 8 Warehouse racking market estimates and forecasts, in food & beverage application 2014 - 2025 (USD Million)
Table 9 Warehouse racking market estimates and forecasts, in retail application 2014 - 2025 (USD Million)
Table 10 Warehouse racking market estimates and forecasts, in packaging application 2014 - 2025 (USD Million)
Table 11 Warehouse racking market estimates and forecasts, in manufacturing application 2014 - 2025 (USD Million)
Table 12 Warehouse racking market estimates and forecasts, in others application 2014 - 2025 (USD Million)
Table 13 North America warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 14 North America warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 15 North America warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 16 U.S. warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 17 U.S. warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 18 U.S. warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 19 Canada warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 20 Canada warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 21 Canada warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 22 Mexico warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 23 Mexico warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 24 Mexico warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 25 Europe warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 26 Europe warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 27 Europe warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 28 U.K. warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 29 U.K. warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 30 U.K. warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 31 Germany warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 32 Germany warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 33 Germany warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 34 Spain warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 35 Spain warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 36 Spain warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 37 Italy warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 38 Italy warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 39 Italy warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 40 Russia warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 41 Russia warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 42 Russia warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 43 Asia Pacific warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 44 Asia Pacific warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 45 Asia Pacific warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 46 China warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 47 China warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 48 China warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 49 Japan warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 50 Japan warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 51 Japan warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 52 India warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 53 India warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 54 India warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 55 Central & South America warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 56 Central & South America warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 57 Central & South America warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 58 Brazil warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 59 Brazil warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 60 Brazil warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 61 Middle East & Africa warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 62 Middle East & Africa warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 63 Middle East & Africa warehouse racking market revenue estimates and forecasts, by application (USD Million)
Table 64 Saudi Arabia warehouse racking market estimates and forecasts, 2014 - 2025 (USD Million)
Table 65 Saudi Arabia warehouse racking market revenue estimates and forecasts, by product (USD Million)
Table 66 Saudi Arabia warehouse racking market revenue estimates and forecasts, by application (USD Million)

List of Figures

Fig. 1 Information Procurement
Fig. 2 Primary Research Pattern
Fig. 3 Primary Research Process
Fig. 4 Market research approaches - Bottom Up Approach
Fig. 5 Market research approaches - Top Down Approach
Fig. 6 Market research approaches - Combined Approach
Fig. 7 Penetration & growth prospect mapping
Fig. 8 Warehouse Racking market - Value chain analysis
Fig. 9 Warehouse Racking: Market dynamics
Fig. 10 Warehouse Racking market driver impact analysis
Fig. 11 Warehouse Racking market restraint impact analysis
Fig. 12 Warehouse racking market: Product movement analysis, 2018 & 2025
Fig. 13 Warehouse racking market: Application movement analysis, 2018 & 2025
Fig. 14 Warehouse racking market: Regional Snapshot