Plastic Pallet Market Report: Trends, Forecast and Competitive Analysis to 2030

Plastic Pallet Trends and Forecast

The future of the global plastic pallet market looks promising with opportunities in the food & beverage, chemical, pharmaceutical, and petroleum & lubricant markets. The global plastic pallet market is expected to reach an estimated $9.8 billion by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are rising focus on sustainable material handling solutions and growing inclination to reduce bulk packaging's overall weight.

A more than 150-page report is developed to help in your business decisions.

Plastic Pallet by Segment

The study includes a forecast for the global plastic pallet by type, material, application, and region.

Plastic Pallet Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Nestable
• Rackable
• Stackable
• Others

Plastic Pallet Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• High-Density Polyethylene
• Low-Density Polyethylene
• Polypropylene (PP)
• Others

Plastic Pallet Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Food & Beverages
• Chemicals
• Pharmaceuticals
• Petroleum & Lubricants
• Others

Plastic Pallet Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Plastic Pallet Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies plastic pallet companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the plastic pallet companies profiled in this report include-

• Orbis
• Rehrig Pacific
• Monoflo International
• CABKA
• Perfect Pallets
• Greystone Logistics
• Polymer Solutions International
• TMF
• Allied Plastics
• TranPak

Plastic Pallet Market Insights

Lucintel forecasts that nestable will remain the largest segment over the forecast period.

Within this market, food & beverage will remain the largest segment due to wide usage of plastic pallets by farmers and agricultural businesses to handle fresh produce.

North America will remain the largest region over the forecast period due to the presence of strong manufacturing sector in the region.

Features of the Global Plastic Pallet Market

Market Size Estimates: Plastic pallet market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Plastic pallet market size by type, material, application, and region in terms of value ($B).

Regional Analysis: Plastic pallet market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, materials, applications, and regions for the plastic pallet market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the plastic pallet market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the plastic pallet market size?

Answer: The global plastic pallet market is expected to reach an estimated $9.8 billion by 2030.

Q2. What is the growth forecast for plastic pallet market?

Answer: The global plastic pallet market is expected to grow with a CAGR of 5.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the plastic pallet market?

Answer: The major drivers for this market are rising focus on sustainable material handling solutions and growing inclination to reduce bulk packaging's overall weight.

Q4. What are the major segments for plastic pallet market?

Answer: The future of the plastic pallet market looks promising with opportunities in the food & beverage, chemical, pharmaceutical, and petroleum & lubricant markets.

Q5. Who are the key plastic pallet market companies?

Answer: Some of the key plastic pallet companies are as follows:

• Orbis
• Rehrig Pacific
• Monoflo International
• CABKA
• Perfect Pallets
• Greystone Logistics
• Polymer Solutions International
• TMF
• Allied Plastics
• TranPak

Q6. Which plastic pallet market segment will be the largest in future?

Answer: Lucintel forecasts that nestable will remain the largest segment over the forecast period.

Q7. In plastic pallet market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to the presence of strong manufacturing sector in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the plastic pallet market by type (nestable, rackable, stackable, and others), material (high-density polyethylene, low-density polyethylene, polypropylene (PP), and others), application (food & beverages, chemicals, pharmaceuticals, petroleum & lubricants, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?