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 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 ยฃ40 to ยฃ120 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 ยฃ80 to ยฃ240 per pallet position.
- Push-Back Racking: This system uses a series of nested carts that move along inclined rails, costing between ยฃ120 and ยฃ320 per pallet position.
- Pallet Flow Racking: Using gravity to move pallets along inclined tracks, this system ranges from ยฃ160 to ยฃ400 per pallet position.
- Cantilever Racking: Designed for long, bulky items like lumber or pipes, costs for this type of racking range from ยฃ160 to ยฃ480 per arm.
2. Material and Build Quality
The material and build quality of the racking 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 ยฃ40 per pallet position, heavy-duty options can exceed ยฃ160 per pallet position.
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 ยฃ800 to ยฃ4,000 or more, depending on the complexity and size of the racking system.
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 ยฃ40 and ยฃ400 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.