The increasing number of warehouses in many countries around the world is the main factor driving industrial racking systems on a global basis beyond growth forecasts.
"Increasing demand for industrial shelving systems in many sectors such as logistics and e-commerce"
The increasing number of warehouses in many countries around the world is the main factor driving industrial shelving systems beyond growth forecasts on a global basis. Furthermore, the e-commerce sector is driving demand for warehouse management systems, a specialized branch of industrial shelving. Accordingly, the growing importance of industrial shelving systems comes to the forefront once again, for example, given the expectation that online sales due to e-commerce will exceed $500 billion in the U.S. However, it is predicted that the demand for product handling equipment may increase in the near future in the U.S. as well as in the world.
The figure shows the shelf types with the largest market share in the world:
The Cantilever Arm Racking System, in which it is not possible to stack pallet racks unless steel plates are placed between the arms, is the leader in the global market with 23% as of 2018. This shows that there is a considerably high amount of products stacked transversely other than pallet racking systems in countries around the world.