Reports

Global Pallet Market Size, Share, Trends, Growth, Forecast: By Type: Wood, Plastic, Metal, Corrugated Paper; By Application: Food and Beverages, Chemicals and Pharmaceuticals, Machinery and Metal, Construction, Others; By Structural Design: Block, Stringer, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Pallet Market Outlook

The global pallet market reached a value of about USD 97.07 Billion in 2023. The market is further expected to grow at a CAGR of about 5.7% in the forecast period of 2024-2032. The is anticipated to reach a value of nearly USD 160.31 Billion by 2032.

Global Pallet Market

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In the forecast years, pallet consumption is projected to be high in the Asia Pacific. The region has the highest degree of acceptance by large imported and exported products of plastic and wooden pallets. Countries like Japan, China, and India are potentially the most developed markets in the forecast years.

The huge increase in demand in many regions, including Europe and North America is expected in the form of a non-wood pallet or alternative pallet network. Those include plastic pallets, which are easily washed, as they remain the most attractive choice. These are also more likely not only to be made from recycled materials but are also recyclable. For businesses that aim to be profitable on a long-term basis, this is a very desirable advantage.

Market Segmentation

Pallets are horizontal platforms that support goods and help to transport them with the front loader or forklift from one place to another. It is one of the most common bases for stacking items and is usually protected by stretching tape, pallet collar, adhesive, or other stabilisation. It can be built with different materials, like wood, plastic, metal, and other materials, depending on the application. Since the containers like plastic and cardboard boxes are comparatively heavier than others, the staff can stack heavy items on a single pallet without breakage. Due to these qualities, many manufacturers, as well as shippers of commercial goods in the world, make extensive use of these.

Global Pallet Market By Application

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Based on type, the pallet market can be divided into the following:

Wood
Plastic
Metal
Corrugated Paper
Others

It finds wide applications in the following sectors:

Food and Beverages
Chemicals and Pharmaceuticals
Machinery and Metal
Construction
Others

Based on structural design, the pallet market can be categorised into:

Block
Stringer
Others

The major regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Pallet Market BY Region

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Market Analysis

The rising sales of mobile phones, increased internet penetration, and the growing e-commerce industry are driving the demand for logistics services, which, in effect, boosts the pallet market growth worldwide. In addition, the growing consumer spending on housing and services, combined with rapid urbanisation and industrialisation, is aiding the growth of the pallet market globally. Moreover, manufacturers are investing in R&D activities to incorporate technical advances into pallet development. For example, multiple trip pallets have been implemented, which help to minimise costs, to eliminate solid waste, and to increase operational performance. The reusability and recyclability of plastic pallets have also become immensely common in different sectors.

Competitive Landscape

The report gives a detailed analysis of the following key players in the global pallet market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

Brambles Ltd
Schoeller Allibert
Loscam
ORBIS Corporation
CABKA Group
Others

The comprehensive EMR report provides an in-depth assessment of the pallet market based on the Porter's five forces model along with giving a SWOT analysis.

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Structural Design, Region
Breakup by Type	Wood, Plastic, Metal, Corrugated Paper, Others
Breakup by Application	Food and Beverages, Chemicals and Pharmaceuticals, Machinery and Metal, Construction, Others
Breakup by Structural Design	Block, Stringer, Others
Breakup by Region	North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics	SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Trade Data Analysis	Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Price Analysis	Historical and Forecast Price Trends- Regional
Competitive Landscape	Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered	Brambles Ltd, Schoeller Allibert, Loscam, ORBIS Corporation, CABKA Group, Others
Report Price and Purchase Option	Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format	Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Pallet Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Pallet Historical Market (2018-2023)
   8.3   Global Pallet Market Forecast (2024-2032)
   8.4   Global Pallet Market by Type
       8.4.1   Wood
           8.4.1.1   Market Share
           8.4.1.2   Historical Trend (2018-2023)
           8.4.1.3   Forecast Trend (2024-2032)
       8.4.2   Plastic
           8.4.2.1   Market Share
           8.4.2.2   Historical Trend (2018-2023)
           8.4.2.3   Forecast Trend (2024-2032)
       8.4.3   Metal
           8.4.3.1   Market Share
           8.4.3.2   Historical Trend (2018-2023)
           8.4.3.3   Forecast Trend (2024-2032)
       8.4.4   Corrugated Paper
           8.4.4.1   Market Share
           8.4.4.2   Historical Trend (2018-2023)
           8.4.4.3   Forecast Trend (2024-2032)
   8.5   Global Pallet Market by Application
       8.5.1   Food and Beverages
           8.5.1.1   Market Share
           8.5.1.2   Historical Trend (2018-2023)
           8.5.1.3   Forecast Trend (2024-2032)
       8.5.2   Chemicals and Pharmaceuticals
           8.5.2.1   Market Share
           8.5.2.2   Historical Trend (2018-2023)
           8.5.2.3   Forecast Trend (2024-2032)
       8.5.3   Machinery and Metal
           8.5.3.1   Market Share
           8.5.3.2   Historical Trend (2018-2023)
           8.5.3.3   Forecast Trend (2024-2032)
       8.5.4   Construction
           8.5.4.1   Market Share
           8.5.4.2   Historical Trend (2018-2023)
           8.5.4.3   Forecast Trend (2024-2032)
       8.5.5   Others
   8.6   Global Pallet Market by Structural Design
       8.6.1   Block
           8.6.1.1   Market Share
           8.6.1.2   Historical Trend (2018-2023)
           8.6.1.3   Forecast Trend (2024-2032)
       8.6.2   Stringer
           8.6.2.1   Market Share
           8.6.2.2   Historical Trend (2018-2023)
           8.6.2.3   Forecast Trend (2024-2032)
       8.6.3   Others
   8.7    Global Pallet Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2023)
            8.7.1.3    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2023)
            8.7.2.3    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2023)
            8.7.3.3    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2023)
            8.7.4.3    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2023)
            8.7.5.3    Forecast Trend (2024-2032)
9    North America Pallet Market Analysis
    9.1    United States of America
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2023)
        9.1.3    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2023)
        9.2.3    Forecast Trend (2024-2032)
10    Europe Pallet Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023)
        10.1.3    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023)
        10.2.3    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2023)
        10.3.3    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2023)
        10.4.3    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Pallet Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023)
        11.1.3    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023)
        11.2.3    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2023)
        11.3.3    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2023)
        11.4.3    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2023)
        11.5.3    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Pallet Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2023)
        12.1.3    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2023)
        12.2.3    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2023)
        12.3.3    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Pallet Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2023)
        13.1.3    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2023)
        13.2.3    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2023)
        13.3.3    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2023)
        13.4.3    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data Analysis
    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2    By Value
17    Price Analysis
17.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Brambles Ltd
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Schoeller Allibert
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Loscam
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    ORBIS Corporation
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    CABKA Group
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Others
19    Key Trends and Developments in the Market

List of Key Figures and Tables
1.    Global Pallet Market: Key Industry Highlights, 2018 and 2032
2.    Global Pallet Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Pallet Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Pallet Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Pallet Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Pallet Historical Market: Breakup by Structural Design (USD Billion), 2018-2023
7.    Global Pallet Market Forecast: Breakup by Structural Design (USD Billion), 2024-2032
8.    Global Pallet Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Pallet Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Pallet Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Pallet Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Pallet Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Pallet Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Pallet Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Pallet Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Pallet Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Pallet Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Pallet Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Pallet Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    North America Historical Price Trends and Forecast 2018-2028
21.    Europe Historical Price Trends and Forecast 2018-2028
22.    Asia Pacific Historical Price Trends and Forecast 2018-2028
23.    Latin America Historical Price Trends and Forecast 2018-2028
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
25.    Global Pallets Market Structure

Key Questions Answered in the Report

What was the global pallet market size in 2023?

The global pallet market reached a value of about USD 97.07 Billion in 2023.

What is the growth rate of the market?

The market is projected to grow at a CAGR of nearly 5.7% in the forecast period of 2024-2032.

What is the forecast outlook of the market for 2024-2032?

The market is estimated to reach a value of nearly USD 160.31 Billion by 2032.

What are the major market drivers?

The major drivers of the industry include rising disposable incomes, increasing population, increasing sales of mobile phones, increased internet penetration, the growing e-commerce industry, and the rising consumer spending on housing and services.

What are the key industry trends of the global pallet market?

The manufacturers are investing in R&D activities to incorporate technical advancements into pallet development, which is expected to be a key trend guiding the growth of the industry.

What are the major regional markets, according to the EMR report?

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with North America accounting for the largest market share.

What is the dominant type of pallet in the industry?

Wood is the dominant type of the product in the market.

What is the leading structural design in the industry?

Block is the leading structural design of the product in the industry.

Which application segment accounts for the largest market share?

The food and beverage segment accounts for the largest market share, among other application segments in the industry.

Who are the key industry players, according to the report?

The leading players in the market are Brambles Ltd, Schoeller Allibert, Loscam, ORBIS Corporation, and CABKA Group, among others.

Analyst Review

The global pallet market attained a value of about USD 97.07 Billion in 2023, driven by the growth in the food and beverage industry. Aided by the increased internet penetration, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.7%. The pallet market is projected to reach a value of nearly USD 160.31 Billion by 2032.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its type, the global pallet market can be segmented into wood, plastic, metal, and corrugated paper, with wood accounting for the largest market share. By structural design, block leads the industry. On the basis of application, food and beverage sector accounts for the largest share in the global industry. The major regional markets for pallet are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include Brambles Ltd, Schoeller Allibert, Loscam, ORBIS Corporation, and CABKA Group, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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