Shelving Review 2023

Review of the shelving industry market in 2023

• Analysis of the overall situation of the shelving market.

In 2023, the overall development of the logistics equipment market was lukewarm. Compared with the rapid growth in previous years, the growth momentum has clearly slowed down, in line with the "steady growth" predicted by the author a year ago, but the increase is lower than expected. With the lifting of epidemic restrictions, the anticipated rapid economic growth did not materialize, and its impact has been long-lasting and profound. In addition, the containment and suppression efforts by Western countries have led to some companies regressing, resulting in overall weak economic recovery, which has also hindered the development of the logistics equipment market.

Although the overall development speed of the logistics equipment industry has slowed down, the shelving industry has still maintained its foundation and sought development in adversity. It has made advancements in many areas within the logistics equipment industry, and even within the entire manufacturing industry, standing out as a bright spot, showcasing the strong market adaptability of the shelving industry. In different environments, different demands will always emerge

Business expansion in overseas markets is no longer easy.

The Southeast Asian market has become fiercely competitive

From an industry perspective, in recent years, some explosive industries such as petrochemicals, solar energy, and alcoholic beverages, after large-scale construction in 2023, have basically come to an end and may not see significant developments in the short term as their basic infrastructure is now complete. On the other hand, traditional strong sectors like food and beverage, and mechanical manufacturing are showing good development. Overall, traditional sectors continue to maintain their advantages, while emerging industries are also performing well. The industry as a whole is relatively stable, achieving steady growth.

• Analysis of shelving types

In 2023, automated high-rise shelving systems (AS/RS) maintained an absolute leading advantage. Not only are there numerous projects, but they are also on a large scale, with an increasing number of projects reaching over a hundred million yuan individually, a feat that other types of shelving cannot match. In the author's company, AS/RS business accounts for 80% of sales and continues to show a growing trend. In large warehouse sectors, automated high-rise shelving systems are the preferred choice, offering high storage density, efficiency, and flexibility. They can adapt well to the trend of intelligence, not only matching stacker cranes but also being compatible with various retrieval devices such as shuttle cars and omnidirectional vehicles. With versatile shelving forms, strong flexibility, and competitiveness, they are undisputed kings in the market.

Within automated high-rise shelving systems, there is significant demand for rack-supported warehouses. While construction is challenging due to domestic regulations, many owners show strong interest in these types of shelving. Despite knowing the difficulties, they persist in overcoming various obstacles, demonstrating the superiority of rack-supported warehouses in terms of construction period and cost advantages. However, due to lagging domestic standards, the development of rack-supported warehouses faces certain obstacles.

Four-way shuttle systems have developed rapidly in.