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Push-back Racking System Market

Market Insights on Push-back Racking System covering sales outlook, demand forecast & up-to-date key trends

Push-back Racking System Market By Capacity (Light duty racks, Medium duty racks, Heavy duty racks), End Use (Food, Beverage, Automotive, Electrical & Electronics, Healthcare & Pharmaceuticals, Chemicals, Retail, E-commerce, Textile) & Region - Forecast 2022-2032

Push-back Racking System Market Overview

The push-back racking system market is expected to expand its roots at a moderate CAGR of 7.5% during the forecast period. The global market holds an estimate revenue of US$ 12.12 Bn in 2022 and is expected to cross US$ 23 Bn by the end of 2032.

Push-back racking system is used to increase the storage density in order to increase the space available in warehouses, systematically organizing the products and goods to save space. This allows it to be highly convenient as it requires no special forklift trucks to ship boxes from one place to another. It also involves freezer, coolers and high-temperature environment management.

Attributes

Details

CAGR (2022-2032)

7.5%

Value (2022)

US$ 12.12 Bn

Value (2032)

US$ 23.24 Bn

These functions provided by this system push the packaging industry and increases the overall sales of push-back racking system because of the pallet-based system, including first pallet that is placed on the top of carts and second pallet can easily be place with pushing the first pallet. Push-back racking system introduces the organized space that helps you store things in a small place with better height options, convertible space and labels, pushing the sales of push-back racking system globally.

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What are the Key Drivers to the Push-back Racking System Market?

Increasing challenges in today’s warehouse racking systems such as accumulating an ever-growing number of pallets with an ever-growing number of products in fixed storage space. A push-back racking system surges the pallet sum while offering many advantages over traditional high-density storage systems like a drive-in. Such factors are expected to create a significant demand for push-back racking system market during the forecast period.

 The lack of modern warehouse space and the rise of the retail industry across the globe is expected to create a massive opportunity for advanced racking systems, increasing the sales of push-back racking systems. It is foreseen to propel the growth of the global push-back racking system market during the forecast period. The global warehouse inventory, which is becoming increasingly obsolete, will likely benefit from technological advancement, which improves speed, storage density, efficiency, and visibility. This pushes the sales of push-back racking system.

Hence, it is likely to augment the demand for convenient industrial racking systems, which ultimately pushes the growth of the global push-back racking system market during the forecast period. Thus, the notable global growth in the demand for push-back racking systems also tends to increase during the forecast period.

Ismail Sutaria
Principal Consultant
LinkedIn
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Which is the Key Push-back Racking System Market?

Continuous expansion of E-commerce and other industries in the North American region is expected to create significant demand for push-back racking systems during the forecast period. In North America, the U.S. is likely to remain at the forefront in terms of market share, while Canada is expected to register a maximum demand for push-back system during the forecast period.

The Europe region is a significant shareholder of the global push-back system market and is projected to expand with a notable growth rate push-back system market during the forecast period. Germany and U.K are expected to be the most attractive market in the European region, accounting for significant push-back racking system market share. South and East Asia continue to emerge as a lucrative region for the growth of push-back racking systems market during the forecast period.

The presence of emerging economies and the remarkable growth rate of end-use industries in the South and East Asia region are key factors driving the growth of push-back racking systems market during the forecast period. India in South Asia while China in East Asia is expected to remain highly attractive regarding market share & growth rate of push-back racking system market in the coming years.

Which are the key Competitors of Push-back Racking System Market?

The key players of the push-back racking system market are focusing on enhancing durability, conciseness and better pallet organization. This drives the sales of push-back racking systems. 

Key players in push-back racking system market include 3D Logistics Inc, STILL GmbH, Karl H. Bartels GmbH, Mecalux S.A. and Aceally (International) Co. Ltd

Recent Market Development:

  • STILL GmbH has introduced the new product series following the LiFo principle for better and ensures efficient storage that helps in optimum use of any warehouse space. The qualities help in better sales of push-back racking systems.
  • Karl H. Bartels GmbH has launched its pallet racking drawers that provide long material storage and capacity to hold heavy loads. This pushes the sales push-back racking system.
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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 7.5% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis,

Segments covered

Capacity, End Use, Region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

3D Logistics Inc, STILL GmbH, Karl H. Bartels GmbH, Mecalux S.A., Aceally (International) Co. Ltd

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. 

Frequently Asked Questions

North America is the biggest segment in the push-back racking system market and is expected to hold a big portion of the market in the forecast period. The factors that lead to the higher sales of push-back racking system are the increased number of warehouses, less space for mismanaged storation, lack of new spaces for warehouse. This leads to the high demand for Push-back racking system in developed countries like US and Canada.

Key competitors holding substantial push-back racking system market share include 3D Logistics Inc, STILL GmbH, Karl H. Bartels GmbH, Mecalux S.A. and Aceally (International) Co. Ltd.

Demand for Push-back racking system is likely to rise with the demand from warehouses, factories and Storation units, increasing the sales of push-back racking system.

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Ismail Sutaria
Principal Consultant
LinkedIn
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Push-back Racking System Market