Plastic Pallets Market Growth, Upcoming Trends, Companies Share, Structure and Analysis 2022-2027

The IMARC Group provides extensive analysis of the plastic pallets industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.

Informed covered in the report:

• Historical market data from 2016-2021
• CAGR of the market during the forecast period 2022-2027
• Detailed information on factors that will drive market growth during the next five years
• Precise estimation of the Keyword market size and its contribution to the parent market
• Upcoming market trends and changes in consumer behavior
• A thorough analysis of the market’s competitive landscape and detailed information on key players
• Comprehensive details of factors that will challenge the growth of smart meters market key players

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Plastic pallets are horizontal platforms used for stacking goods and facilitating their transportation from one place to another. They are generally made of virgin or recycled high-density polyethylene (HDPE) and polypropylene (PP). Compared to their wooden counterparts, plastic pallets have a lifespan of more than ten years. Over the years, they have gained traction due to their durability, reusability, recyclability, resistance to chemicals and easy maintenance.

Plastic Pallets Market Trends:

The global plastic pallets market is primarily driven by their increasing usage in warehouses to store raw materials and finished products. Additionally, the expanding food and beverages (F&B), chemical, textile and pharmaceutical industries have escalated the demand for hygienic, sustainable and contamination-free pallets. Furthermore, their rising adoption in the processing and manufacturing units, distribution centers and conveyor systems has impacted the market. Other factors, including the emerging e-commerce sector, growing need for logistics services and introduction of active tracking devices integrated with the latest technologies to allow easy tracking of pallets, are anticipated to propel the market growth in the coming years. Looking forward, IMARC Group expects the global plastic pallets market to continue its robust growth during the forecast period (2022-2027).

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

• Allied Plastics Inc.
• CABKA Group
• Greystone Logistics
• Monoflo International
• Orbis Corporation (Menasha Corporation)
• Paxxal Inc.
• Perfect Pallets Inc.
• Polymer Solutions International Inc.
• Rehrig Pacific Company
• TMF Corporation
• Tranpak Inc.

Market Segmentation:

Material:

• High Density Polyethylene (HDPE)
• Low Density Polyethylene (LDPE)
• Polypropylene (PP)
• Others

Pallet Type:

• Nestable
• Rackable
• Stackable
• Others

End Use Industry:

• Food and Beverages
• Chemicals
• Pharmaceutical
• Petroleum and Lubricants
• Others

Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key highlights of the report:                                                    

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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