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| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 11.76 billion | 6.9% | Asia Pacific |
| By Type | By Raw Materials | By End User Industry | By Region |
|---|---|---|---|
|
|
|
|
SCOPE OF THE REPORT
Plastic Pallet Market Overview
The plastic pallet market is expected to grow at 6.9 % CAGR from 2023 to 2029. It is expected to reach above USD 11.76 billion by 2029 from USD 6.45 billion in 2022. Plastic pallets are stable and flat plastic platforms, which are used to support and transport goods & materials. Plastic pallets are used in processing and manufacturing units, conveying systems, distribution centers, static storage, and for transportation of heavy items to the production unit. For instance, plastic pallets are used at cold storages & food processing units, supermarkets, butcheries & bakeries, spinning & dying units, packaging sections, cement & fertilizers production units, publishing and printing houses, by garment exporters, book publishers, and storing & transporting books and stationary items among others.
Plastic pallets are used in warehouses to conveniently store both raw materials and completed goods, as well as for the effective handling and storage of goods in a variety of end-use sectors, including the food and beverage, pharmaceutical, chemical, and textile industries. Over the course of the forecast period, the market is anticipated to increase as a result of expanding end-use industries around the world.
The food and beverage, pharmaceutical, and chemical sectors are predicted to have a growing demand for sanitary, durable, and free of contamination pallets. High-density polyethylene (HDPE) and polypropylene (PP) are strong materials that are used to make plastic pallets, which are intended to make mechanical handling of items by front loaders, forklifts, jacks, and other material handling equipment easier. Compared to single-use wood pallets, the initial expenditure for plastic pallets is significantly more; however, as the number of journeys increases, a reduced cost per trip may be realized, guaranteeing a quick return on investment. The worldwide Plastic Pallets market revealed a sizable market size in 2019, and it is anticipated to rise greatly in 2029, with a swift increase in revenue. Due to shifting market trends and consumption patterns, industry study shows that demand for Plastic Pallets has been rising significantly, and their acceptance has been expanding concurrently. These variables are anticipated to boost industry growth as well as market growth throughout the projection period.
| ATTRIBUTE | DETAILS |
| Study period | 2022-2029 |
| Base year | 2022 |
| Estimated year | 2023 |
| Forecasted year | 2023-2029 |
| Historical period | 2019-2021 |
| Unit | Value (USD BILLION) KILOTONS |
| Segmentation | By Type, By End User Industry, By Region |
| Â By Type |
|
| Â By materials |
|
| Â By End User Industry |
|
| Â By Region |
|
The worldwide pallet market is anticipated to increase significantly as the developed countries economy grows. Pallets are weight-bearing constructions that provide a strong foundation for the transportation and storage of a unit load, which consists of varied materials and goods. Forklifts or pallet jacks are typically used to handle these pallets. The global demand for plastic goods is correlated with the growth of plastic pellet production. The basic ingredients needed to make plastic items are called plastic pellets. The global market for plastic pellets will increase as a result of the high demand for plastic from various end-use industries. The expansion of the world market for plastic pellets is being constrained by environmental concerns brought on by plastics’ negative impacts. Alternatives to plastic are also anticipated to restrict the market in other ways.
The market is anticipated to be driven by rising demand from the food and beverage, pharmaceutical, and chemical sectors for hygienic, contaminant-free, and long-lasting pallets. In order to enable mechanical handling of items by the front loader, forklift, jack, and other material handling equipment, plastic pallets are built of sturdy materials like high-density polyethylene (HDPE) and polypropylene (PP). Compared to single-use wood pallets, the cost of purchasing plastic pallets is initially higher. However, as the number of journeys increases, the cost per trip decreases, ensuring a quick return on investment.
Due to their durability and light weight, plastic pallets are increasingly being used in a number of sectors, including culinary, automotive, and chemical, for the logistics of various commodities and equipment. Due to the incorporation of technology like radio-frequency identification (RFID) in plastic pallets, which enables users to detect and find products across the supply chain, plastic pallets are currently becoming more and more common. Furthermore, it is anticipated that throughout the course of the projected period, increased R&D activity in the logistics industry would provide new possibilities. Additionally, the expansion of the e-commerce market and the medical sector is anticipated to fuel market development throughout the forecast period. The area market has been negatively damaged by the COVID-19 epidemic. However, it is anticipated that over the projection period, demand for plastic pallets in the region would increase as a result of rising COVID-19 vaccine manufacturing and the start of vaccination programs.
Plastic Pallet Market Segment Analysis
The global Plastic Pallet market is segmented based on type, raw materials, end user industry, region.
The worldwide plastic pallet market is divided into Nestable, Rackable, Stackable, and Others. categories based on type. By 2030, the market for nestable pallets is anticipated to develop at a CAGR of 6%. Nestable pallets are a great plastic pallet alternative for export or open-loop supply chain applications since they are less expensive than rackable and stackable pallets. The development of nestable pallets is anticipated to be aided in the coming years by the rising demand to minimise the weight of bulk transportation. Rackable pallets are made to be stored on racks; because they may be arranged evenly apart in vertical order on the racks, these pallets enable end-use businesses to utilize their floor space. In order to handle big loads, racking pallets typically contain a picture frame or runner frame at the bottom.
The worldwide plastic pallet market is divided into High-Density Polyethylene, Low-Density Polyethylene, Polypropylene, and Others based on the materials used. The highest market is held by high-density polypropylene (HDPE), which is projected to increase at a CAGR of 5.9% by 2030. HDPE pallets suffer minimal to no damage from harsh handling by forklifts and other material handling equipment because HDPE is extremely resilient and impact-resistant.
Plastic Pallet Market Players
The Plastic Pallet market key players include Agrico Plastiques Ltee, Allied Plastics Inc., Brambles Ltd., CABKA Group GmbH, CTC Plastics, DIC Corp, Enlightening Pallet Industry Co. Ltd., Greif Inc., Greystone Logistics Inc., Kamps Pallets Inc., Litco International Inc., Loscam International Holdings Co. Ltd., Monoflo International Inc., Myers Industries Inc., Nefab AB, Perfect Pallets Inc., PGS Group, Polymer Solutions International Inc., PURUS PLASTICS GmbH, Rehrig Pacific Co., Schoeller Allibert BV, SDI Packaging Inc., T.M. Fitzgerald and Associates, TranPak Inc., and Vierhouten Groep BV among others.
For corporate expansion, these key leaders are implementing strategic formulations such as new product development and commercialization, commercial expansion, and distribution agreements. Moreover, these participants are substantially spending in product development, which is fueling revenue generation.
Who Should Buy? Or Key Stakeholders
- Food and Beverages
- Construction
- Pharmaceuticals
- Petroleum and Lubricants
- Others
Plastic Pallet Market Regional Analysis
The Plastic Pallet market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The plastic pallet market is dominated by Asia-Pacific. The Trans-Pacific Partnership (TPP) nations’ participation has led to Asia-Pacific becoming a manufacturing powerhouse. The TPP is a free trade agreement that has bolstered the industrial and commerce sectors in the area, increasing demand for plastic pallets over time. Demand for Plastic Pallets in Asia Pacific has been rising at a significantly high pace, owing to growth of the manufacturing sector in India and China. Furthermore, outsourcing of manufacturing operations by several global players to India has also boosted growth of the Asia Pacific Plastic Pallets market. The North America market accounted for the second-largest revenue share in the global Plastic Pallets market in 2019 and the trend is projected to continue over the forecast period.
North America holds the second-largest share in the global plastic pallet market. This is a result of rising end-user industry demand for plastic pallets, especially within domestic supply chains. The region’s considerable proportion was mostly due to the region’s strong manufacturing sector, notably in the United States.
The third-largest market position is now held by Europe. The European Union has backed sustainable development through EU treaties by acknowledging its environmental, economic, and social elements. End-use sectors were greatly impacted by the European Commission’s new roadmap for sustainability in the EU’s economy, which was released in December 2019. The objectives drove these businesses to embrace green packaging, including reusable plastic pallets. Additionally, increased plastic recycling efforts by pallet manufacturers to support a closed-loop pallet system are anticipated to be advantageous for the industry.
Key Market Segments: Plastic Pallet Market
Plastic Pallet Market by Type, 2022-2029, (USD Billion) Kilotons
- Nestable
- Rackable
- Stackable
- Others
Plastic Pallet Market by Raw Materials, 2022-2029, (USD Billion) Kilotons
- High-Density Polyethylene
- Low-Density Polyethylene
- Polypropylene
- Others
Plastic Pallet Market by End User Industry, 2022-2029, (USD Billion) Kilotons
- Food and Beverages
- Chemicals
- Pharmaceutical
- Petroleum and Lubricants
- Others
Plastic Pallet Market by Region, 2022-2029, (USD Billion) Kilotons
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Important Countries in All Regions Are Covered.
Key Question Answered
- What is the current size of the Plastic Pallet market?
- What are the key factors influencing the growth of Plastic Pallet?
- What are the major applications for Plastic Pallet?
- Who are the major key players in the Plastic Pallet market?
- Which region will provide more business opportunities for Plastic Pallet in future?
- Which segment holds the maximum share of the Plastic Pallet market?
Table of Content
- Introduction
- Market Definition
- Market Segmentation
- Research Timelines
- Assumptions and Limitations
- Research Methodology
- Data Mining
- Secondary Research
- Primary Research
- Subject-Matter Experts’ Advice
- Quality Checks
- Final Review
- Data Triangulation
- Bottom-Up Approach
- Top-Down Approach
- Research Flow
- Data Sources
- Data Mining
- Executive Summary
- Market Overview
- Global Plastic Pallet Market Outlook
- Market Drivers
- Market Restraints
- Market Opportunities
- Impact of Covid-19 On Plastic Pallet Market
- Porter’s five forces model
- Threat from new entrants
- Threat from substitutes
- Bargaining power of suppliers
- Bargaining power of customers
- Degree of competition
- Industry value chain Analysis
- Global Plastic Pallet Market Outlook
- GLOBAL PLASTIC PALLET MARKET BY TYPE, 2020-2029, (USD BILLION), (THOUSAND UNIT)
- Nestable
- Rackable
- Stackable
- Others
- GLOBAL PLASTIC PALLET MARKET BY RAW MATERIALS, 2020-2029, (USD BILLION), (THOUSAND UNIT)
- High-Density Polyethylene
- Low-Density Polyethylene
- Polypropylene
- Others
- GLOBAL PLASTIC PALLET MARKET BY END USER INDUSTRY, 2020-2029, (USD BILLION), (THOUSAND UNIT)
- Food and Beverages
- Chemicals
- Pharmaceutical
- Petroleum and Lubricants
- Others
- Global Plastic Pallet Market by Region, 2020-2029, (USD MILLION), (THOUSAND UNIT)
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Colombia
- Rest Of South America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Australia
- South-East Asia
- Rest Of Asia Pacific
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest Of Middle East and Africa
- North America
- Company Profiles* (Business Overview, Company Snapshot, Products Offered, Recent Developments)
-
-
- Orbis Corporation
- Rehrig Pacific Company
- Monoflo International
- CABKA Group
- Perfect Pallets Inc.
- Greystone Logistics
- Polymer Solutions International Inc.
- TMF Corporation
- Allied Plastics Inc.
- TranPak Inc.
-
*The Company List Is Indicative
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PLASTIC PALLET MARKET BY REGION (USD MILLIONS) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PLASTIC PALLET MARKET BY REGION (KILOTONS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â US PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â US PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â US PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â US PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â US PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â UK PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â UK PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â UK PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â UK PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â UK PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â UK PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â FRANCE PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â Â FRANCE PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 107Â Â Â Â Â Â Â Â Â Â Â FRANCE PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 108Â Â Â Â Â Â Â Â Â Â Â FRANCE PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 109Â Â Â Â Â Â Â Â Â Â Â FRANCE PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 110Â Â Â Â Â Â Â Â Â Â Â FRANCE PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 111Â Â Â Â Â Â Â Â Â Â Â ITALY PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 112Â Â Â Â Â Â Â Â Â Â Â ITALY PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 113Â Â Â Â Â Â Â Â Â Â Â ITALY PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 114Â Â Â Â Â Â Â Â Â Â Â ITALY PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 115Â Â Â Â Â Â Â Â Â Â Â ITALY PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 116Â Â Â Â Â Â Â Â Â Â Â ITALY PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 117Â Â Â Â Â Â Â Â Â Â Â SPAIN PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 118Â Â Â Â Â Â Â Â Â Â Â SPAIN PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 119Â Â Â Â Â Â Â Â Â Â Â SPAIN PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 120Â Â Â Â Â Â Â Â Â Â Â SPAIN PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 121Â Â Â Â Â Â Â Â Â Â Â SPAIN PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 122Â Â Â Â Â Â Â Â Â Â Â SPAIN PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 123Â Â Â Â Â Â Â Â Â Â Â RUSSIA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 124Â Â Â Â Â Â Â Â Â Â Â RUSSIA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 125Â Â Â Â Â Â Â Â Â Â Â RUSSIA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 126Â Â Â Â Â Â Â Â Â Â Â RUSSIA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 127Â Â Â Â Â Â Â Â Â Â Â RUSSIA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 128Â Â Â Â Â Â Â Â Â Â Â RUSSIA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 129Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 130Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 131Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 132Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 133Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 134Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 135Â Â Â Â Â Â Â Â Â Â Â UAE PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 136Â Â Â Â Â Â Â Â Â Â Â UAE PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 137Â Â Â Â Â Â Â Â Â Â Â UAE PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 138Â Â Â Â Â Â Â Â Â Â Â UAE PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 139Â Â Â Â Â Â Â Â Â Â Â UAE PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 140Â Â Â Â Â Â Â Â Â Â Â UAE PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 141Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 142Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 143Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 144Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 145Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 146Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 147Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 148Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 149Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 150Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 151Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 152Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
TABLE 153Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA PLASTIC PALLET MARKET BY MATERIAL TYPE (USD MILLIONS) 2020-2029
TABLE 154Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA PLASTIC PALLET MARKET BY MATERIAL TYPE(KILOTONS) 2020-2029
TABLE 155Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA PLASTIC PALLET MARKET BY RAW MATERIAL (USD MILLIONS) 2020-2029
TABLE 156Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA PLASTIC PALLET MARKET BY RAW MATERIAL(KILOTONS) 2020-2029
TABLE 157Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA PLASTIC PALLET MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 158Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA PLASTIC PALLET MARKET BY END USER (KILOTONS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PLASTIC PALLET MARKET BY MATERIAL TYPE, USD MILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PLASTIC PALLET MARKET BY RAW MATERIAL, USD MILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL PLASTIC PALLET MARKET BY END USER INDUSTRY, USD MILLION, 2020-2029
FIGURE 11Â Â Â Â Â Â Â Â Â Â GLOBAL PLASTIC PALLET MARKET BY REGION, USD MILLION, 2020-2029
FIGURE 12          PORTER’S FIVE FORCES MODEL
FIGURE 13Â Â Â Â Â Â Â Â Â Â NORTH AMERICA PLASTIC PALLET MARKET SNAPSHOT
FIGURE 14Â Â Â Â Â Â Â Â Â Â EUROPE PLASTIC PALLET MARKET SNAPSHOT
FIGURE 15Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA PLASTIC PALLET MARKET SNAPSHOT
FIGURE 16Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC PLASTIC PALLET MARKET SNAPSHOT
FIGURE 17Â Â Â Â Â Â Â Â Â Â MIDDLE EAST ASIA AND AFRICA PLASTIC PALLET MARKET SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 19Â Â Â Â Â Â Â Â Â Â ORBIS CORPORATION: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â REHRIG PACIFIC COMPANY: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â MONOFLO INTERNATIONAL: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â CABKA GROUP: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â PERFECT PALLETS INC.: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â GREYSTONE LOGISTICS: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â POLYMER SOLUTIONS INTERNATIONAL INC.: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â Â Â Â Â Â Â TMF CORPORATION: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â Â Â Â Â Â Â ALLIED PLASTICS INC.: COMPANY SNAPSHOT
FAQ
The Plastic Pallet market size had crossed USD 6.45 billion in 2022 and will observe a CAGR of more than 6.9 % up to 2029 driven by the increased adoption of Plastic Pallet among various end-user industries, with major demand coming from industries such as, Food and Beverages, Chemicals, Pharmaceutical, Petroleum and Lubricants among others.
Asia Pacific held more than 44 % of the Plastic Pallet market revenue share in 2020 and will witness demand as a major manufacturing hub and key supply chain stakeholder for a wide range of products.
The key driver of Plastic pallet the market growth is the increasing adoption Plastic Pallet of across various end-user industries.
The food & beverages industry is rising as a result of better adoption of Plastic Pallet. Food and Beverages dominate the global plastic pallet market. Because of changing lifestyles, convenience, and expanded retail store penetration, the food and beverage business has experienced significant expansion in recent years.
Asia Pacific is expected to lead the market over the projection period. due to demand for Plastic Pallets in Asia Pacific has been rising at a significantly high pace, owing to growth of the manufacturing sector in India and China. Furthermore, outsourcing of manufacturing operations by several global players to India has also boosted growth of the Asia Pacific Plastic Pallets market. period China, India, and Japan are three of the main Asian markets expected to have a beneficial impact on the worldwide FDS industry. The expansion is expected to be fueled by rising per capita disposable income and strong industrial sector growth.
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