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Pallet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 114 Pages
  • April 2022
  • Region: Global
  • IMARC Group
  • ID: 5578039

FEATURED COMPANIES

  • Brambles Ltd.
  • CABKA Group
  • LOSCAM
  • Rehrig Pacific Company
  • Schoeller Allibert
The global pallet market reached a value of US$ 57.6 billion in 2021. Looking forward, the market is projected to reach US$ 75.9 billion by 2027, exhibiting at a CAGR of 4.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.



Pallets refer to horizontal platforms that support goods and assist in carrying them from one place to another using a front loader or a forklift. They are one of the most common bases employed to stack goods and are generally secured with a stretch wrap, pallet collar, adhesive or other means of stabilization. They can be manufactured using different materials depending on the application, such as wood, plastic, metal, etc. As they are relatively stronger than other containers like plastic wrappers and cardboard boxes, workers can stack heavier objects on a single pallet without breaking it. Owing to these attributes, they are extensively used by a large number of manufacturers and shippers of commercial goods across the globe.

With the rising sales of smartphones, increasing penetration of the internet and growing e-commerce industry, the demand for logistics services is being spurred considerably which, in turn, is strengthening the growth of the pallet market across the globe. Apart from this, increasing consumer expenditure on housing and infrastructural activities owing to the inflating income levels of consumers, in confluence with the rapid urbanization as well as industrialization, is boosting the demand for pallets worldwide. In addition, manufacturers are investing in research and development (R&D) activities to incorporate technological innovations in the production of pallets. For instance, they have introduced multiple-trip pallets, which aid in reducing cost per-trip, eradicating solid waste and improving operational efficiency. Plastic pallets have also gained immense popularity across various sectors on account of their reusability and recyclability.

Key Market Segmentation


This report provides an analysis of the key trends in each sub-segment of the global pallet market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on type, application and structural design.

Breakup by Type:

  • Wood
  • Plastic
  • Metal
  • Corrugated Paper

Wood currently represents the most popular pallet type as it is widely used for handling and storing purposes. In comparison with other pallet types, wood pallets are more durable, lightweight and cost-effective.

Breakup by Application:

  • Food and Beverages
  • Chemicals and Pharmaceuticals
  • Machinery and Metal
  • Construction
  • Others

The food and beverage segment accounts for the majority of the total market share.

Breakup by Structural Design:

  • Block
  • Stringer
  • Others

At present, block pallets exhibit dominance in the market, followed by stringer and others. These pallets use blocks of plywood, solid waste and plastic to support the unit load. Furthermore, they are relatively taller, which helps in making additional clearance for fork insertion.

Regional Insights:

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

North America enjoys the leading position in the market, owing to the rising demand for pharmaceuticals and health supplements. The majority of the demand in the region comes from the United States and Canada as a result of their well-established food and beverage as well as the construction industry.

Based on imports and exports, Germany presently represents the largest importer, while Poland represents the biggest exporter of pallets around the world.

Competitive Landscape


The market is fragmented in nature due to the presence of several small and large manufacturers who compete against one another in terms of prices and quality. Some of the leading players operating in the market are:

  • Brambles Ltd.
  • Rehrig Pacific Company
  • Schoeller Allibert
  • LOSCAM
  • CABKA Group

Key Questions Answered in This Report

1. What is the size of the global pallet market?
2. What are the key factors driving the global pallet market?
3. What has been the impact of COVID-19 on the global pallet market?
4. What is the breakup of the global pallet market based on the type?
5. What is the breakup of the global pallet market based on the application?
6. What is the breakup of the global pallet market based on the structural design?
7. What are the key regions in the global pallet market?
8. Who are the key companies/players in the global pallet market?
Frequently Asked Questions about the Global Pallet Market

What is the estimated value of the Global Pallet Market?

The Global Pallet Market was estimated to be valued at $57.6 Billion in 2021.

What is the growth rate of the Global Pallet Market?

The growth rate of the Global Pallet Market is 4.7%, with an estimated value of $75.9 Billion by 2027.

What is the forecasted size of the Global Pallet Market?

The Global Pallet Market is estimated to be worth $75.9 Billion by 2027.

Who are the key companies in the Global Pallet Market?

Key companies in the Global Pallet Market include Brambles Ltd., Rehrig Pacific Company, Schoeller Allibert and CABKA Group.

FEATURED COMPANIES

  • Brambles Ltd.
  • CABKA Group
  • LOSCAM
  • Rehrig Pacific Company
  • Schoeller Allibert

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Pallet Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Application
5.6 Market Breakup by Structural Design
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Overview
5.10.2 Research and Development
5.10.3 Raw Material Procurement
5.10.4 Manufacturing
5.10.5 Marketing
5.10.6 Distribution
5.10.7 End-Use
5.11 Porters Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
6 Market Breakup by Type
6.1 Wood
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Plastic
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Metal
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Corrugated Paper
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Application
7.1 Food and Beverages
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Chemicals and Pharmaceuticals
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Machinery and Metal
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Construction
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Structural Design
8.1 Block
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Stringer
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Asia Pacific
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Europe
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 Imports and Exports
10.1 Imports by Major Countries
10.2 Exports by Major Countries
11 Pallet Manufacturing Process
11.1 Product Overview
11.2 Raw Material Requirements
11.3 Manufacturing Process
11.4 Key Success and Risk Factors
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Brambles Ltd
12.3.2 Rehrig Pacific Company
12.3.3 Schoeller Allibert
12.3.4 LOSCAM
12.3.5 CABKA Group
List of Figures
Figure 1: Global: Pallet Market: Major Drivers and Challenges
Figure 2: Global: Pallet Market: Sales Value (in Billion US$), 2016 - 2021
Figure 3: Global: Pallet Market: Sales Volume (in Billion Units), 2016 - 2021
Figure 4: Global: Pallet Market: Breakup by Type (in %), 2021
Figure 5: Global: Pallet Market: Breakup by Application (in %), 2021
Figure 6: Global: Pallet Market: Breakup by Structural Design (in %), 2021
Figure 7: Global: Pallet Market: Breakup by Region (in %), 2021
Figure 8: Global: Pallet Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Pallet Market Forecast: Sales Volume (in Billion Units), 2022-2027
Figure 10: Global: Pallet Industry: SWOT Analysis
Figure 11: Global: Pallet Industry: Value Chain Analysis
Figure 12: Global: Pallet Industry: Porter’s Five Forces Analysis
Figure 13: Global: Wood Pallet Market: Sales Volume (in Million Units), 2016 & 2021
Figure 14: Global: Wood Pallet Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 15: Global: Plastic Pallet Market: Sales Volume (in Million Units), 2016 & 2021
Figure 16: Global: Plastic Pallet Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 17: Global: Metal Pallet Market: Sales Volume (in Million Units), 2016 & 2021
Figure 18: Global: Metal Pallet Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 19: Global: Corrugated Paper Pallet Market: Sales Volume (in Million Units), 2016 & 2021
Figure 20: Global: Corrugated Paper Pallet Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 21: Global: Pallet (Application in Food and Beverages) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 22: Global: Pallet (Application in Food and Beverages) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 23: Global: Pallet (Application in Chemicals and Pharmaceuticals) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 24: Global: Pallet (Application in Chemicals and Pharmaceuticals) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 25: Global: Pallet (Application in Machinery and Metal) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 26: Global: Pallet (Application in Machinery and Metal) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 27: Global: Pallet (Application in Construction) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 28: Global: Pallet (Application in Construction) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 29: Global: Pallet (Other Applications) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 30: Global: Pallet (Other Applications) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 31: Global: Block Pallet Market: Sales Volume (in Million Units), 2016 & 2021
Figure 32: Global: Block Pallet Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 33: Global: Stringer Pallet Market: Sales Volume (in Million Units), 2016 & 2021
Figure 34: Global: Stringer Pallet Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 35: Global: Other Pallets Market: Sales Volume (in Million Units), 2016 & 2021
Figure 36: Global: Other Pallets Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 37: North America: Pallet Market: Sales Volume (in Million Units), 2016 & 2021
Figure 38: North America: Pallet Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 39: Asia Pacific: Pallet Market: Sales Volume (in Million Units), 2016 & 2021
Figure 40: Asia Pacific: Pallet Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 41: Europe: Pallet Market: Sales Volume (in Million Units), 2016 & 2021
Figure 42: Europe: Pallet Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 43: Middle East and Africa: Pallet Market: Sales Volume (in Million Units), 2016 & 2021
Figure 44: Middle East and Africa: Pallet Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 45: Latin America: Pallet Market: Sales Volume (in Million Units), 2016 & 2021
Figure 46: Latin America: Pallet Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 47: Global: Pallet: Import Breakup by Country (in %), 2020
Figure 48: Global: Pallet: Export Breakup by Country (in %), 2020
Figure 49: Pallet Manufacturing: Detailed Process Flow
List of Tables
Table 1: Global: Pallet Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Pallet Market Forecast: Breakup by Type (in Million Units), 2022-2027
Table 3: Global: Pallet Market Forecast: Breakup by Application (in Million Units), 2022-2027
Table 4: Global: Pallet Market Forecast: Breakup by Structural Design (in Million Units), 2022-2027
Table 5: Global: Pallet Market Forecast: Breakup by Region (in Million Units), 2022-2027
Table 6: Global: Pallet: Import Data by Country, 2020
Table 7: Global: Pallet: Export Data by Country, 2020
Table 8: Pallet Manufacturing: Raw Material Requirements
Table 9: Global: Pallet Market: Competitive Structure
Table 10: Global: Pallet Market: Key Players
  • Brambles Ltd.
  • Rehrig Pacific Company
  • Schoeller Allibert
  • LOSCAM
  • CABKA Group

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