When it comes to optimising warehouse space and improving storage efficiency, pallet racking systems are a popular choice for many businesses. However, one of the first questions that arise during the planning phase is: How much does pallet racking cost? The answer to this question can vary widely based on several factors. In this article, we’ll break down the key considerations that influence the cost of pallet racking systems to help you budget effectively for your materials handling and storage solutions.
1. Types of Pallet Racking Systems
There are several types of pallet racking systems, each designed for specific storage needs. Here are some of the most common types and their typical cost ranges:
- Selective Pallet Racking: This is the most common type of racking, offering direct access to each pallet. Prices typically range from £40 to £120 per pallet position.
- Drive-In/Drive-Through Racking: Ideal for high-density storage, this type of racking allows forklifts to drive directly into the rack. Costs range from £80 to £240 per pallet position.
- Push-Back Racking: This system uses a series of nested carts that move along inclined rails, costing between £120 and £320 per pallet position.
- Pallet Flow Racking: Using gravity to move pallets along inclined tracks, this system ranges from £160 to £400 per pallet position.
- Cantilever Racking: Designed for long, bulky items like lumber or pipes, costs for this type of racking range from £160 to £480 per arm.
2. Material and Build Quality
The racking components and build quality of the system play a significant role in the overall cost. High-quality steel racking will be more expensive but offers greater durability and load-bearing capacity. For instance, while light-duty racks might cost around £40 per pallet position, heavy-duty options can exceed £160 per pallet position. Choosing the right pallet storage system depends on your warehouse needs, including how many pallets high you intend to stack and the type of goods being stored.
3. Customisation and Accessories
Additional features and customisation can add to the cost. Accessories such as decking, column protectors, and safety guards can increase the overall price. Customised racking solutions designed to fit specific warehouse dimensions or to accommodate unique products will also be more expensive.
4. Installation Costs
Installation is another crucial factor. While some businesses may opt for self-installation to save money, professional installation ensures safety and compliance with regulations. Installation costs can range from £800 to £4,000 or more, depending on the complexity and size of the racking system. Using a racking estimator can help predict the overall cost, taking into account both material and installation expenses.
5. Used vs. New Pallet Racking
Opting for used pallet racking can be a cost-effective alternative, often costing 30-50% less than new systems. However, it’s essential to ensure that used racking is in good condition and meets safety standards.
6. Warehouse Layout and Design
The layout and design of your warehouse can impact the cost of pallet racking. A well-designed layout can maximise storage efficiency and reduce the number of racks needed. Consulting with a warehouse design expert can be an upfront cost that saves money in the long run by optimising space and improving workflow.
7. Additional Costs to Consider
- Shipping: Depending on the size and weight of the racking system, shipping costs can add up, particularly for large orders or international shipping.
- Permits and Inspections: Local regulations may require permits and inspections, adding to the overall cost.
- Maintenance: Regular maintenance is necessary to ensure the longevity and safety of the racking system, contributing to ongoing costs.
Conclusion
The cost of pallet racking systems can vary significantly based on the type, material quality, customisation, and installation requirements. On average, businesses can expect to spend between £40 and £400 per pallet position, with additional costs for installation, shipping, and accessories. By understanding these factors and planning accordingly, you can choose a pallet racking system that meets your storage needs and budget effectively.
At 2h Storage Solutions, we offer a range of pallet racking systems tailored to your specific requirements. Contact us today for a personalised quote and expert advice on optimising your warehouse storage.