Share across end users (FY20E)

% terms

  

ES
alone
indu:

storages

50-60%
3PL

Source: Industry, CRISIL Research
Usage: Type of solutions

Shelving solutions are ideal for storage of assorted materials that are handpicked. The solutions can be customised
for light to medium weight materials that are voluminous in nature. Shelving solutions are used across engineering
and retail (supermarkets, apparels, etc) warehouses; in hospitals, hotels, banks, and financial institutions; and in
automobiles, logistics and record and data management sectors.

Typically, static shelving systems are used as they are inexpensive to purchase and install compared with mobile
shelving. But static shelving is less feasible in case of space constraints, while mobile shelving can be adapted to
customised requirements. Static shelves are usually very strong and have high load bearing capacity.

Palletised racking solutions are ideal wherein huge volumes of standard-type products are produced, stored,
retrieved, and distributed in and out of manufacturing units or warehouses, for instance, fast moving consumer
goods (FMCG) industries (like pharma, bulk drugs, beverages, foodstuff and electronic products). Hence, 3PL.
warehouses and regional distribution hubs for manufacturing industries are expected to drive growth for palletised
racking. Palletised racking is expected to lead growth on account of strong demand from 3PL warehouses and
regional distribution centres due to GST-led consolidation.

Slotted angle racking, multi-tier racking systems, etc, are suitable for manual retrieval of assorted materials such
as records, cartons, printed packing materials, stationery, pharma products, cosmetics, toiletries and other
consumables.

Shelving industry occupies higher share in volume terms (FY20E)

% terms

 

Note: Others include mezzanine flooring, wooden pallets, etc.
Source: Industry, CRISIL Research

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