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 estimated revenue of USD 12.12 Billion in 2022 and is expected to cross USD 23 Billion by the end of 2032.
A 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 freezers, coolers, and high-temperature environment management.
| Attributes | Details |
|---|---|
| CAGR (2022 to 2032) | 7.5% |
| Value (2022) | USD 12.12 Billion |
| Value (2032) | USD 23.24 Billion |
These functions provided by this system push the packaging industry and increases the overall sales of the push-back racking system because of the pallet-based system, including the first pallet that is placed on the top of carts, and the second pallet can easily be placed with pushing the first pallet.
The push-back racking system introduces an organized space that helps you store things in a small place with better height options, convertible space, and labels, pushing the sales of the push-back racking system globally.
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
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 the 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 the push-back racking systems.
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.
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 USA is likely to remain at the forefront in terms of market share, while Canada is expected to register a maximum demand for push-back systems 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 the United Kingdom 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 the 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 the 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 the push-back racking system market in the coming years.
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 the 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:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 7.5% from 2022 to 2032 |
| The base year for estimation | 2021 |
| Historical data | 2015 to 2020 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in USD million 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 | United States of America, Canada, Mexico, Germany, United Kingdom, 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. |
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
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 systems are the increased number of warehouses, less space for the mismanaged situation, and lack of new spaces for the warehouse. This leads to the high demand for Push-back racking systems in developed countries like USA 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 systems is likely to rise with the demand from warehouses, factories, and Storation units, increasing the sales of push-back racking systems.
Explore Packaging Formats Insights
View Reports
Push-back Racking System Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
