The Global Plastic Pallet Market Reported A Large Market Size In 2019, Which Is Expected To Expand Significantly In 2027 At A Rapid Revenue Growth Rate During The Forecast Period.
Industry analysis indicates that demand for Plastic Pallet has been rising substantially and their adoption has been increasing in parallel due to changing market trends and consumption patterns, and these factors are expected to continue to support industry growth as well as market growth over the forecast period.
Plastic Pallet are stable and flat plastic platforms which are used to package and transport goods and materials. Plastic Pallet are used in processing and manufacturing units, conveying systems, distribution centers, static storage, and for transportation of heavy items to production units. Plastic Pallet are expensive as compared to wooden pallets, which leads to the risk of theft. This in turn increases the overall cost of material handling. Plastic Pallet are utilized for multiple trips without being disposed of, which eliminates the amount of packaging waste going into landfills.
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Key Companies in the market include: Orbis Corporation, Rehrig Pacific Company, Monoflo International, CABKA Group, Greystone Logistics, TMF Corporation, Allied Plastics, Inc., Perfect Pallets, Inc., Polymer Solutions International, Inc., TranPak, Inc.
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Market Segmentation:
By Type (Revenue, USD Million; 2017–2027)
- Nestable
- Rackable
- Stackable
By End-use Industry (Revenue, USD Million; 2017–2027)
- Food Beverages
- Chemicals
- Pharmaceuticals
Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Key questions covered in the global Plastic Pallet Market report:
- What is the expected market size of the global Plastic Pallet Market during the forecast period?
- What factors are expected to hamper global Plastic Pallet Market growth over the forecast period?
- Which application segment is expected to dominate other application segments over the forecast period?
- Which region is expected to dominate in terms of revenue during the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
- Which leading players are operating in the global Plastic Pallet Market?
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