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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 market is anticipated to reach a value of nearly USD 160.31 billion by 2032.
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 mode of stabilisation. It can be built with different materials, like wood, plastic, metal, and other materials, depending on the application.
Since 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.
Pallet sizes can vary globally, with the most common size in North America being 48 inches x 40 inches. In Europe, the Euro pallet, which measures 1200mm x 800mm, is widely used. Pallets are used to stack, store, and transport goods and materials. They are a key component in warehouse management and logistics operations.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
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 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Plastic
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Metal
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Corrugated Paper
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global Pallet Market by Application
8.5.1 Food and Beverages
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Chemicals and Pharmaceuticals
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Machinery and Metal
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Construction
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Pallet Market by Structural Design
8.6.1 Block
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Stringer
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Others
8.7 Global Pallet Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Pallet Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Pallet Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Pallet Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Pallet Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Pallet Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 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
The global pallet market reached a value of about USD 97.07 Billion in 2023.
The market is projected to grow at a CAGR of nearly 5.7% in the forecast period of 2024-2032.
The market is estimated to reach a value of nearly USD 160.31 Billion by 2032.
The major drivers of the market include rising disposable incomes, increasing population, growing sales of mobile phones, the booming e-commerce sector, and the rising consumer spending on housing and services.
Investments in research and development activities to incorporate advanced technologies into pallet development and increasing internet penetration are the key trends aiding the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
Wood, plastic, metal, and corrugated paper are the different pallet types in the market.
Block and stringer, among others, are the various structural designs of pallet.
The various applications of pallets are food and beverages, chemicals and pharmaceuticals, machinery and metal, and construction, among others.
The leading players in the global pallet market are Brambles Ltd, Schoeller Allibert, Loscam, ORBIS Corporation, and CABKA Group, among others.
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