PLASTIC PALLETS MARKET ANALYSIS
Plastic Pallets Market Report, by Product Type (Lumber Plastic, and Molded Plastic), by Pallet Type (Nestable, Rackable, and Stackable), by End-use Industry (Food & Beverages, Pharmaceuticals, Chemicals, Construction, and Others (Electronics and Others)), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027
Rapid industrialization, and awareness about benefits of plastic such as durability, strength, light-weight nature, and weather resistance is expected to help expand consumer demand for plastic pallets. As a result, the plastic pallets market is expected to witness significant growth during the forecast period.
Market Dynamics
Key players are focusing on developing new products, in order to expand their consumer base and strengthen their market presence. For instance, in November 2016, Smart Flow Europe NV, a Belgium-based manufacturer of plastic pallets, presented its new SF800 MNR pallet at the 'All4Pack Packaging & Handling' trade fair held in Paris Nord Villepinte, France. The new plastic pallets have soles and interlocking design. According to the company, the SF800 MNR pallet is the first monoblock pallet introduced to the market which is nestable, and has three soles.
The three soles of the pallet offer better stability and therefore evenly distribute the load, which doubles the loading capacity of trucks, and thus reduces transport flows. The SF800 MNR pallet is lightweight (11 kg) and therefore easy to handle. Moreover, the pallet is robust as it can support load of 1000 kg, and up to 350 kg of rack load.
However, increasing availability of substitutes is expected to hamper growth of the global plastic pallets market over the forecast period. For instance, pallets are traditionally made from wood. Wood pallets are considered as environmentally friendly as they are biodegradable in contrast to plastic pallets which are non-biodegradable, and can cause plastic pollution. Moreover, plastic pallets release toxic gases when burned. Pallets can also be manufactured from a variety of other materials such as metal, cardboard, paperboard, and other composite materials. Moreover, in case of plastic pallets, it is difficult to make their prototypes.
Key features of the study:
- This report provides in-depth analysis of plastic pallets market and provides market size (US$ Mn & Mn Units) and compound annual growth rate (CAGR%) for the forecast period (2019 – 2027), considering 2018 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by leading players
- It profiles leading players in the global plastic pallets market based on the following parameters– company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include OMNIPAK S.R.O., Smart Flow Europe SA, ORBIS Corporation, Bekuplast Gmbh, Meridian Group D.O.O., TBA Plastové Obaly S.R.O., CABKA Group, PURUS PLASTICS GmbH, Plastic Pallets Manufacturers, and Paxxal Inc., among others.
- Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology upgradation, market expansions, and marketing tactics
- The global plastic pallets market report caters to various stakeholders in this industry including investors, suppliers, plastic pallets manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the plastic pallets market
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Detailed Segmentation:
- Global Plastic Pallets Market, By Product Type:
- Lumber Plastic
- Molded Plastic
- Global Plastic Pallets Market, By Pallet Type:
- Nestable
- Rackable
- Stackable
- Global Plastic Pallets Market, By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Global Plastic Pallets market, By Region:
- North America
- U.S.
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Canada
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Europe
- U.K.
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Germany
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Italy
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- France
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Russia
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Rest of Europe
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Asia Pacific
- China
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- India
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Japan
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- ASEAN
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Australia
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- South Korea
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Rest of Asia Pacific
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Latin America
- Brazil
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Mexico
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Rest of Latin America
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Middle East
- UAE
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Saudi Arabia
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Oman
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Qatar
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Bahrain
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Kuwait
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Rest of Middle East
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Africa
- North Africa
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Central Africa
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- South Africa
- By Product Type:
- Lumber Plastic
- Molded Plastic
- By Pallet Type:
- Nestable
- Rackable
- Stackable
- By End-use Industry:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Construction
- Others (Electronics and Others)
- Company Profiles
- OMNIPAK S.R.O.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Smart Flow Europe SA
- ORBIS Corporation
- Bekuplast Gmbh
- Meridian Group D.O.O.
- TBA Plastové Obaly S.R.O.
- CABKA Group
- PURUS PLASTICS GmbH
- Plastic Pallets Manufacturers
- Paxxal Inc.
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