UK Warehouse Racking Market Size & Outlook, 2023-2030
UK warehouse racking market, 2018-2030 (US$M)
Related Markets
UK warehouse racking market highlights
- The UK warehouse racking market generated a revenue of USD 492.3 million in 2023 and is expected to reach USD 640.9 million by 2030.
- The UK market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
- In terms of segment, selective pallets was the largest revenue generating product in 2023.
- Selective Pallets is the most lucrative product segment registering the fastest growth during the forecast period.
Warehouse racking market data book summary
| Market revenue in 2023 | USD 492.3 million |
| Market revenue in 2030 | USD 640.9 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Selective pallets |
| Fastest growing segment | Selective Pallets |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Selective Pallets, Drive-in, Push Back, Pallet Flow, Cantilever |
| Key market players worldwide | Daifuku Co Ltd, Mecalux Espana, Kardex Holding AG Registered Shares, Nucor Corp, Emera Inc, Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos, SSI SCHAEFER, KION GROUP AG, Toyota Industries Corp |
Other key industry trends
- In terms of revenue, UK accounted for 5.3% of the global warehouse racking market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany warehouse racking market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 606.4 million by 2030.
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Warehouse Racking Market Scope
Warehouse Racking Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK warehouse racking market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to warehouse racking market will help companies and investors design strategic landscapes.
Selective pallets was the largest segment with a revenue share of 42.54% in 2023. Horizon Databook has segmented the UK warehouse racking market based on selective pallets, drive-in, push back, pallet flow, cantilever covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing warehouse construction and shifting consumer preferences from struggling office properties & shopping centers to online purchasing is the major factor fueling the market growth on a positive note.
In addition, rise in warehouse capacity coupled with increasing last-mile delivery facility due to the advent of the pandemic is responsible for the growth of the warehouses in the country on large scale. Increase in the technological advancements for the manufacturing of racking system in the country is further adding positive growth to the market.
Presence of the manufacturers such as Invicta pallet racking, Warehouse System Ltd., Link 51, Thistle systems group, and various others offers a wide range of racking solution to various application industries.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK warehouse racking market , including forecasts for subscribers. This country databook contains high-level insights into UK warehouse racking market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK warehouse racking market size, by product, 2018-2030 (US$M)
UK Warehouse Racking Market Outlook Share, 2023 & 2030 (US$M)
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