Global Plastic Pallets Market
Global Plastic Pallets was valued at US$ 7.1 Bn in 2021, estimated to reach US$ 9.93 Bn in 2027, with a CAGR of 5.6% from 2022-2027.
The flat structure objects, used for transporting and supporting goods when being lifted by a forklift, a front loader, a pallet jack, crane, or a jacking device are Plastic pallets also known as skids. For transporting the heavy goods and shipping containers while being secured by strapping, stretch wrap, shrink wrap, and others, they are used.
Market Drivers
The demand of plastic pallets within the global market has been increasing due to the crucial advancements in the transport and logistics industry. Plastic pallets have established as important tools within these industries as they offer the strength and resilience to industrial good and products.
Growing use of Plastic Pallets in food, manufacturing, and chemicals industries for transportation of various products and equipment due to durability and light weight of Plastic drives the growth of the global Plastic Pallets market.
Market Restraints
Some of the reasons that hinder the market growth are the collapse of plastic on heavy storage for a long time, government regulation on the use of plastic, harmful impacts of plastic on the environment due to disposing of inefficiency, difficulty in repairing, expensive plastic pallets, availability of substitute products.
Market Segmentation
Plastic Pallets Market is segmented into major 4 categories. Based on Material, the market is segmented into High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Polypropylene (PP), Others. Based on End User Industry, the market is divided into Food and Beverages, Chemicals, Pharmaceutical, Petroleum and Lubricants, and Others. Based on Pallet Type, the market is segmented into Nestable, Rackable, Stackable, Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
The demand of the plastic pallets within Asia Pacific market has been increasing due to the the robust manufacturing sector in India and China. Moreover, outsourcing of the manufacturing capabilities of several global firms to India has also given a push to the development of the Asia Pacific plastic pallets market in recent times.
The North America market reported for the second-largest revenue share in the global market in 2019 and the trend is likely to continue over the forecast period.
Market Key Players
Some of the key players operating in Global Plastic Pallets Market are Brambles, OMNIPAK S.R.O., LOSCAM, ORBIS Corporation, Smart Flow Europe SA, Bekuplast GmbH, Meridian Group D.O.O, Rehrig Pacific, Schoeller Allibert, Palettes Gestion Services.
Industry development
Brambles Ltd. - The company offers 100% recyclable plastic pallet manufactured by using mixed plastic that is expensive to segregate. This product design incorporates elements of biomimicry in its honeycomb surface for strength and traction.
Jun 2017 the 10th edition of the Sustainable Development Trophies was organised at the Abbey of Gruchet-le-Valasse. “La communauté d’agglomération Caux vallée de Seine, l’agence Caux Seine développement et GRANDDE “have awarded PGS Group in “Grandes Entreprises” category and the offer “PGS Reverse” for the delivery of ECOPGS eco-designed wooden pallets combined with a collection service and maintenance, suitable for reuse.
Global Plastic Pallets Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Plastic Pallets Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Plastic Pallets Market, By Material
5.1 Y-o-Y Growth Comparison, By Material
5.2 Plastic Pallets Market Share Analysis, By Material
5.3 Plastic Pallets Market Size and Forecast, By Material
5.3.1 High Density Polyethylene (HDPE)
5.3.2 Low Density Polyethylene (LDPE)
5.3.3 Polypropylene (PP)
5.3.4 Others
6 Plastic Pallets Market, By Pallet Type
6.1 Y-o-Y Growth Comparison, By Pallet Type
6.2 Plastic Pallets Market Share Analysis, By Pallet Type
6.3 Plastic Pallets Market Size and Forecast, By Pallet Type
6.3.1 Nestable
6.3.2 Rackable
6.3.3 Stackable
6.3.4 Others
7 Plastic Pallets Market, By End User Industry
7.1 Y-o-Y Growth Comparison, By End User Industry
7.2 Plastic Pallets Market Share Analysis, By End User Industry
7.3 Plastic Pallets Market Size and Forecast, By End User Industry
7.3.1 Food and Beverages
7.3.2 Pharmaceutical
7.3.3 Chemicals
7.3.4 Petroleum and Lubricants
7.3.5 Others
8 Plastic Pallets Market, By Region
8.1 Plastic Pallets Market Share Analysis, By Region
8.2 Plastic Pallets Market Share Analysis, By Region
8.3 Plastic Pallets Market Size and Forecast, By Region
9 North America Plastic Pallets Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Plastic Pallets Market Share Analysis, By Material
9.3 North America Plastic Pallets Market Size and Forecast, By Pallet Type
9.4 North America Plastic Pallets Market Size and Forecast, By End User Industry
9.5 North America Plastic Pallets Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Plastic Pallets Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Plastic Pallets Market Share Analysis, By Material
10.3 Europe Plastic Pallets Market Size and Forecast, By Pallet Type
10.4 Europe Plastic Pallets Market Size and Forecast, By End User Industry
10.5 Europe Plastic Pallets Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Plastic Pallets Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Plastic Pallets Market Share Analysis, By Material
11.3 Asia Pacific Plastic Pallets Market Size and Forecast, By Pallet Type
11.4 Asia Pacific Plastic Pallets Market Size and Forecast, By End User Industry
11.5 Asia Pacific Plastic Pallets Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Plastic Pallets Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Plastic Pallets Market Share Analysis, By Material
12.3 Latin America Plastic Pallets Market Size and Forecast, By Pallet Type
12.4 Latin America Plastic Pallets Market Size and Forecast, By End User Industry
12.4 Latin America Plastic Pallets Market Size and Forecast, By Network Route of Administration
12.5 Latin America Plastic Pallets Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Plastic Pallets Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Plastic Pallets Market Share Analysis, By Material
13.3 Middle East Plastic Pallets Market Size and Forecast, By Pallet Type
13.4 Middle East Plastic Pallets Market Size and Forecast, By End User Industry
13.5 Middle East Plastic Pallets Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Brambles
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 OMNIPAK S.R.O.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 LOSCAM
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 ORBIS Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Smart Flow Europe SA
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Bekuplast GmbH
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Meridian Group D.O.O
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Rehrig Pacific
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Schoeller Allibert
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Palettes Gestion Services
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
