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Global Plastic Pallets Market 2020-2024 | Evolving Opportunities with Brambles Ltd. and Bulk-Flow LLC | Technavio

February 28, 2020 GMT
Global Plastic Pallets Market 2020-2024 | Evolving Opportunities with Brambles Ltd. and Bulk-Flow LLC | Technavio
Global Plastic Pallets Market 2020-2024 | Evolving Opportunities with Brambles Ltd. and Bulk-Flow LLC | Technavio

LONDON--(BUSINESS WIRE)--Feb 27, 2020--

Technavio has been monitoring the global plastic pallets market since 2019 and the market is poised to grow by 107.26 million units during 2020-2024, progressing at a CAGR of around 8% during the forecast period. Request free sample pages

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Technavio has announced its latest market research report titled Global Plastic Pallets Market 2020-2024 (Graphic: Business Wire)

Read the 136-page report with TOC on “Global Plastic Pallets Market Analysis Report by Material (HDPE and PP), Geography (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts, 2020-2024”.

https://www.technavio.com/report/plastic-pallets-market-industry-analysis

This market is driven by the benefits associated with the use of plastic pallets. In addition, the use of RFID tags for tracking plastic pallets is expected to boost the growth of the plastic pallets market.

End-users prefer plastic pallets over wooden or metal pallets because the light weight of plastic pallets facilitates easier transportation and significantly lowers shipping costs. Also, plastic pallets do not break or develop cracks and are safer to handle as they do not have sharp edges and can accommodate various types of goods. Moreover, plastic pallets offer better space efficiency when they are stacked. Many such benefits offered by plastic pallets are crucial in driving the growth of the market.

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Major Five Plastic Pallet Market Companies:

Brambles Ltd.

Brambles Ltd. operates its business across segments such as CHEP Americas, CHEP EMEA, and CHEP Asia-Pacific. The company offers plastic pallets in various dimensions. It also offers plastic pallets made from recycled HDPE.

Bulk-Flow LLC

Bulk-Flow LLC operates its business in various segments such as Bulk handling equipment, Container liners, Debusting equipment, Flexible intermediate bulk container, Pallets, Palletizing adhesive systems, Paper sacks, Recycling, and Specialty container lines. The company offers disposable plastic pallets for super-sacks and finished products.

DIC Corp.

DIC Corp. operates its business through segments such as Fine chemicals, Polymers, compounds, and Application materials. The company offers plastic pallets in various series, such as Super Lightweight, Heavy Duty, Standard, and EX-Pack Series.

Greif Inc.

Greif Inc. operates its business across various segments such as Rigid industrial and packaging services, Paper packaging and services, Flexible packaging and services, and Land management. The company offers a wide range of plastic pallets for various end-user industries.

Groupe PGS

Groupe PGS operates its business across various segments such as Wood pallets, Caisses palettes, Big bags, Metal division, Molded pallets, Plastic pallets, Carton pallets, Compactors, and Mulch color. The company offers a wide range of plastic pallets for end-user industries such as chemicals, pharmaceuticals, and food processing.

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Plastic Pallets Material Outlook (Growth, Units, Million, 2020 - 2024)

  • HDPE
  • PP

Plastic Pallets Regional Outlook (Growth, Units, Million, 2020 – 2024)

  • APAC
  • Europe
  • MEA
  • North America
  • South America

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Related Reports on Industrials Include:

Global Robotic Palletizer Market – Global robotic palletizer market by end-users (food and beverage industry, pharmaceuticals, electronics and semiconductor industry, and others) and geography (APAC, Europe, MEA, North America, and South America).

Global Automated Guided Vehicle (AGV) Market – Global automated guided vehicle (AGV) market by product (unit load carrier, tow vehicle, pallet truck, assembly line vehicle, and others), end-users (distribution and logistics, automotive, manufacturing, retail, and other end-users), and geography (the Americas, APAC, and EMEA).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200227005839/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:https://www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: OTHER TRANSPORT MANUFACTURING LOGISTICS/SUPPLY CHAIN MANAGEMENT TRANSPORT CHEMICALS/PLASTICS

SOURCE: Technavio Research

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PUB: 02/27/2020 11:00 PM/DISC: 02/27/2020 11:00 PM

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