Global Warehouse Racking Market is valued at USD 8696.5 Million in 2021 and is expected to reach USD 11290.9 Million by 2028 with a CAGR of 3.8% over the forecast period.
Global Warehouse Racking Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing workforce safety protocols and the growing e-commerce industry are some of the major factors driving the growth of the Global Warehouse Racking Market.
Some of the key players for the global warehouse racking market are
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Global Warehouse Racking Market Segmentation:-
The global warehouse racking market is segmented on the basis of product type, end-user and region & country level. Based upon product type, the warehouse racking market is divided into selective pallet rack, drive-in, pallet flow, push back, cantilever and others. Based upon end-user, the warehouse racking market can be differentiated by automotive, packing, food and beverage, retail, manufacturing, pharmaceuticals and others.
The regions covered in this global warehouse racking market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of warehouse racking is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
News- The Rack Group Joined the IWS Family in Recently Announced Acquisition
On April 26th, 2021; IWS Group, the Industrial Workspace Specialists procured the Rack Group, a supplier of pallet racking safety, assessment, repair and maintenance arrangements. IWS Group offers types of assistance and supplies to the operations, warehousing and material handling sectors in the UK, across Europe and beyond. The acquisition will additionally reinforce its situation in core business sectors, expand the scope of the current contribution and open up opportunities to give clients extra product solutions and services.
ABCO Systems Launched Free Warehouse Pallet Racking Estimator App
On September 12th, 2018; ABCO Systems announced the launch of its Warehouse Racking Estimator App, accessible on the iTunes and Google Play stores. The ABCO Racking Estimator application is an inventive mobile tool for business real estate professionals, warehouse administrators, engineers, development organizers and others engaged warehouse. Utilizing the ABCO application, clients can quickly decide the potential storage racking limit of a building in view of building aspects and client needs. Alternately, clients can likewise calculate the suitable building size equipped for obliging an organization’s specific racking requirements
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