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North America Pallet Market Estimated to Reach a Volume of 3.23 Million Units by 2024 with a CAGR of 3.8% - ResearchAndMarkets.com

January 15, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 15, 2020--

The “North America Pallet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The publisher expects the market to reach a volume of 3.23 Million units by 2024, registering a CAGR of 3.8% during 2019-2024.

The North America pallet market reached a volume of 2.58 Billion units in 2018. Pallets are portable, horizontal platforms that are employed for stacking, storing and transporting goods. They are generally made up of wood, plastic or fiberboard, and can be categorized into block and stringer pallets depending on their size and configuration. They act as a stable base for products during handling, and provide portability, storage space and high strength. Owing to this, pallets are widely utilized in material handling across several sectors such as machinery, food and beverage, construction, chemical and pharmaceutical.

North America presently represents one of the largest markets owing to the rising demand for pallets in the pharmaceutical industry. This can also be attributed to the increasing prevalence of lifestyle diseases such as obesity and diabetes in the region. Pallets are utilized in the pharmaceutical sector on account of the assistance offered in reducing product contamination. Apart from this, the rising demand for pallets in well-developed industries, such as food and beverage, construction and electronics, is also fueling the growth of the market.

Key Questions Answered in This Report:

Report Coverage:

Key Topics Covered:

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 Performance

5.2 Market Breakup by Type

5.3 Market Breakup by Application

5.4 Market Breakup by Structural Design

5.5 Market Breakup by Region

5.6 Market Forecast

6 North America Pallet Market

6.1 Market Performance

6.2 Market Forecast

7 North America Pallet Market: Breakup by Type

7.1 Wood

7.2 Plastic

7.3 Metal

7.4 Corrugated Paper

8 North America Pallet Market: Breakup by Application

8.1 Food and Beverages

8.2 Chemicals and Pharmaceuticals

8.3 Machinery and Metal

8.4 Construction

8.5 Others

9 North America Pallet Market: Breakup by Structural Design

9.1 Block

9.2 Stringer

9.3 Others

10 North America Pallet Market: Breakup by Country

10.1 United States

10.1.1 Historical market Trends

10.1.2 Market Breakup by Type

10.1.3 Market Breakup by Application

10.1.4 Market Breakup by Structural Design

10.1.5 Market Forecast

10.2 Canada

11 SWOT Analysis

11.1 Overview

11.2 Strengths

11.3 Weaknesses

11.4 Opportunities

11.5 Threats

12 Value Chain Analysis

12.1 Overview

12.2 Research and Development

12.3 Raw Material Procurement

12.4 Manufacturing

12.5 Marketing

12.6 Distribution and Export

12.7 End-Use

13 Porter’s Five Forces Analysis

13.1 Overview

13.2 Bargaining Power of Buyers

13.3 Bargaining Power of Suppliers

13.4 Degree of Rivalry

13.5 Threat of New Entrants

13.6 Threat of Substitutes

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/j9rlyt

View source version on businesswire.com:https://www.businesswire.com/news/home/20200115005353/en/

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SOURCE: Research and Markets

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PUB: 01/15/2020 05:15 AM/DISC: 01/15/2020 05:15 AM