Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on plastic
pallets market provides in-depth analysis of segments and sub-segments in the
global as well as regional plastic pallets market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional plastic pallets market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecast and dollar values of
global plastic pallets market. According to the report, the global plastic
pallets market is projected to grow at a CAGR of 7.8% over the forecast period
of 2019-2025.
Plastic pallets are used for lighter manufacturing goods and are
widely used in the industrial sector. Plastic pallets are extensively used in
food and beverage, grocery, pharmaceutical, and e-commerce industries for
several processes. The plastic pallets market is expected to grow during the
forecast period.
The rising usage of palletized storage and transportation are the
major drivers for the growth of the plastic pallets market across the globe.
Growing demand for safe and hygienic pallets is one of the key factors for the
growth of the market. Features such as hygienic, non-porous, easily sanitized,
and ease of using for safe movement and storage of products, drive the
increased use of plastic pallets. Furthermore, the growing need for the
reduction of carbon footprint is going to be one of the key trends in the
plastic pallet industry that will gain the growth of the market over the
upcoming years. Moreover, the increase in popularity and demand for plastic
pallets creates an opportunity for the growth of the global market in the next
few years.
In terms of region, the plastic pallets market is categorized into
North America, Europe, Asia-Pacific, and the Rest of the World. Among all,
North America holds the maximum market share and is expected to dominate the
global plastic pallets market during the forecast period. This is primarily due
to the improvements in transport and logistics activities along with supply
chain and storage. Europe market is expected to hold the second position in the
plastic pallets market over the forecast period. Moreover, Asia-Pacific is
projected to grow at a beneficial rate during the forecast period. This is
mainly due to the strong manufacturing sectors in India and China. In addition,
outsourcing of the manufacturing capabilities of several global companies to
India has also given a push to the growth of the plastic pallets market in the
Asia-Pacific.
The report on global plastic pallets market covers segments such
as material type. On the basis of material type, the sub-markets include HDPE
(high-density polyethylene), and PP (polypropylene).
The report provides profiles of the companies in the market such
as Schoeller Allibert, Brambles Limited, Rehrig Pacific Company, ORBIS
Corporation, CHEP, CABKA Group, LOSCAM, Litco International, Inc., Craemer
Group, and Kamps Pallets, Inc.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of plastic pallets market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
Please Choose One of them.