Global Pallet Flow Rack Systems Market Growth 2023-2029

Global Pallet Flow Rack Systems Market Growth 2023-2029

Product Code:464375

Published Date: Feb 08,2023

Pages: 128

Region: Global

Category: Machinery & Equipment

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Pallet flow rack or gravity flow racking, is a type of storage system that uses gravity to move pallets from the loading dock to the picking aisle. Pallet flow racks are often used in warehouses and distribution centers where inventory turnover is high, and storage density is a priority. Unlike other storage methods, pallet flow allows businesses to store pallets deep within the rack, making full use of the height of the facility. Additionally, pallet flow racks can be designed to store all pallets in a first-in, first-out (FIFO) orientation, ensuring consistent inventory rotation. As a result, pallet flow racking is an efficient and effective way to increase storage density and improve picking productivity. Pallet flow racking uses inclined flow lanes to store products on pallets or cartons. These pallet flow lanes are fed from the rear of the rack, allowing you to store merchandise multiple pallets deep. When a product is picked from the front of each pallet flow lane, empty pallets are moved to the rear to maintain product flow. This type of storage system is very versatile and can be used in applications where high-density storage and fast order picking are important. Pallet flow racking can also be configured to work with various types of forklifts.

LPI (LP Information)' newest research report, the “Pallet Flow Rack Systems Industry Forecast” looks at past sales and reviews total world Pallet Flow Rack Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Pallet Flow Rack Systems sales for 2023 through 2029. With Pallet Flow Rack Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pallet Flow Rack Systems industry.

This Insight Report provides a comprehensive analysis of the global Pallet Flow Rack Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pallet Flow Rack Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pallet Flow Rack Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pallet Flow Rack Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pallet Flow Rack Systems.

The global Pallet Flow Rack Systems market size is projected to grow from US$ 479.9 million in 2022 to US$ 649.5 million in 2029; it is expected to grow at a CAGR of 649.5 from 2023 to 2029.

Global key players of Pallet Flow Rack Systems include stow Group (Averys), SSI SCHAEFER, UNARCO, Frazier Industrial and Mecalux, etc. Global top five manufacturers hold a share about 25%. Europe is the largest producer of Pallet Flow Rack Systems, followed by United States.

This report presents a comprehensive overview, market shares, and growth opportunities of Pallet Flow Rack Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Full-width Rollers
    Magnum Rollers
    Skate Wheel Rollers

Segmentation by application
    Distribution Centers
    Manufacturing Facilities
    E-Commerce & Retail
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    stow Group (Averys)
    SSI SCHAEFER
    UNARCO
    Frazier Industrial
    Mecalux
    KION Group
    Steel King
    Nucor Warehouse Systems
    Advance Storage Products
    Ridg-U-Rak
    Nedcon
    AR Racking
    Konstant
    Speedrack
    Dexion (Gonvarri Material Handling)
    Rack Builders
    Nanjing Inform
    Mallard Manufacturing
    JINGXING
    Craftsman Automation Limited
    Nanjing Kingmore
    Nanjing Eurasia
    North American Steel
    Jiangsu NOVA

Key Questions Addressed in this Report
What is the 10-year outlook for the global Pallet Flow Rack Systems market?
What factors are driving Pallet Flow Rack Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pallet Flow Rack Systems market opportunities vary by end market size?
How does Pallet Flow Rack Systems break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?