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Global pallet racking market size is expected at $15.65 Bn by 2027 at a growth rate of 8.2% and demand by The Business Research Company.<br>
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Pallet Racking Market Report 2023 Market Size, Trends and Global Forecast 2023-2032 © The Business Research Company. All Rights Reserved.
Pallet Racking Market Segments The Business Research Company segments it’s Pallet Racking Market report as: Conventional, Mobile Racking, Shuttle Racking And Hybrid/Customized Racking By System Up to 5 Ton, 5 to 10 Ton, Above 15 Ton By Frame Load Capacity Cantilever Racking, Selective Racking, Push Back Racking, Drive-In Racking, Pallet Flow Racking, Carton Flow Racking By Racking System Type © The Business Research Company. All Rights Reserved.
Pallet Racking Market Statistics The global pallet racking market size will grow from $10.4 billion in 2022 to $11.4 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of pallet racking market is expected to grow to $15.65 billion in 2027 at a CAGR of 8.2%. Global Pallet Racking Market Size Forecast To 2032 Series 1, 2027, 15.65 y = 2.625x + 7.2333 R² = 0.8867 Series 1, 2023, 11.4 Series 1, 2022, 10.4 Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers The increasing demand for warehouse space is expected to propel the growth of the pallet racking market going forward. Trends The emergence of automated clad-rack warehouses is a key trend gaining popularity in the pallet racking market. Region Asia-Pacific was the largest region in the pallet racking market in 2022. © The Business Research Company. All Rights Reserved.
Key Market Players Major players in the Pallet Racking Market are: Mecalux SA Estral Innovation and Applied Logistics Jungheinrich AG Montel Inc. Hannibal Industries Inc. Get More Information On The Pallet Racking Market Report © The Business Research Company. All Rights Reserved.
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