Plastic Pallets Market is Poised to Touch More Than US$ 6,702 Million by 2027

The global Plastic Pallets Market is estimated to grow at CAGR above 4% from the forecast time period 2020 to 2027 and reach the market value of around $6,702.7 million by 2027. The report provides analysis of global plastic pallets market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.

Plastic pallets are the structures made of plastic material to facilitate mechanical handling of goods by a front loader, forklift, and jack among others. The manufacturing of plastic pallets is based on various methods including extrusion, thermoforming, blow molding and injection molding. Some of the widely used plastic pallets include export plastic pallets, display plastic pallets, spill control plastic pallets, hygienic plastic pallets, RFID plastic pallets, shipping plastic pallets, anti-static plastic pallets, drum plastic pallets, and transport plastic pallets.

The advantages associated with the plastic pallets such as exempted from ISPM – 15 regulations, lightweight, environmentally friendly, space-saving features, highly durable with long service lifespan, safe to handle, hygienic and easy cleaning, dimensionally stable, resistant to most weather/environmental conditions, a perfect branding tool known for their attractive look and design, easy to access and handle with a forklift, and availability in various design options including simple & complex. The aforementioned entities are supporting the major growth of plastic pallets in industries food and beverages, pharmaceutical and chemical. For instance, Greystone Logistics, Inc., a "Green" company that designs, manufactures and markets high-quality 100% recycled plastic pallets. The company has signed a US$ 6.8 million purchase order in 2019 with a national food and agribusiness company for the manufacture and delivery of plastic pallets during the next 12 months.

Asia Pacific is projected to account for major CAGR of the global plastic pallets market throughout the forecast period. The ongoing industrialization and rising investment by global players in major economies are contributing to the regional market value. The ongoing infrastructural development in the developing countries of the region is further propelling the regional market value. For instance, According to The European Packaging and Film Association (PAFA), on an average there is around 3% spoilage of food between harvest and table in the developed world. Whereas, developing countries where plastic pallets, crates, trays, film, and bags are used frequently, the spoilage is around 50%. Furthermore, the benefits associated with plastic pallets such as durability, reusability without breakage, sleek, light and splinter-free, friendly for manual handling are further supporting the regional market growth.

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Some of the leading competitors are OMNIPAK S.R.O., Smart Flow Europe SA, ORBIS Corporation, Bekuplast Gmbh, Meridian Group D.O.O., TBA Plastové Obaly S.R.O., CABKA Group, PURUS PLASTICS GmbH, Plastic Pallets Manufacturers, Paxxal Inc., and others. Plastic pallets companies have announced partnership to expand their position in the plastic pallets industry. Major players are also moving into new regions or advanced technologies for the expansion of market share. For instance, Florida based Reusable Packaging Association (RPA) has honored Kroger Co. and its packaging supplier Polymer Logistics for their excellence in Reusable Packaging in 2019. Kroger has won the award for its 2018 commercial pilot program that demonstrates the cost savings with less environmental impact by using Cleanpal pallets from Polymer Logistics.

Some of the key observations regarding plastic pallets industry include:

• In 2020, Plasgad Plastic Products ACS Ltd, a leader in developing, manufacturing and marketing reusable plastic packaging, storage, and transport solutions. The company has introduced PG1090, a reusable plastic logistics pallet offering racking capability up to 3,300 lbs with the customization for any rack system. As well as, according to the user need or demand, it offers multiple optional metal bars
• In 2020, Premier Handling Solutions, a leading manufacturer of plastic pallets has announced the addition of a wide range of plastic pallets into its current portfolio.
• In 2020, Dolav has introduced new products at Foodex 2020. The new shallow and hygienic pallet box can hold 445 liters and at 580mm tall, Ace 460 is designed to avoid crushing softer or delicate loose products.
• CABKA, a Germany based group recycles post-industrial plastics into pallets and other material-handling products. CABKA North America, the group's plant near St. Louis, Missouri, runs 24/7 to manufacture about 5,000 pallets per day for the work company has experienced labor shortage to sort the same, it has approached MiR500 robot from Mobile Industrial Robots in March 2020 to minimize dependency on workers along with the improvement in product quality and plant cleanliness and efficiency.
• Cabka’s new nestable and rackable pallet, NestRack Pallet has been selected as the finalist for the Plastic Recycling Award Europe 2020 for the plastic packaging product of the year category on the basis of design innovation with recycled content and design for recycling.

Report Coverage

Market Segment Analysis:

Acumen Research report focuses on market attractiveness by assessing the key market segments. The report also combines region-wise segments for a better understanding of the supply and demand ratio of this market. This exclusive study of the report analyzes the present and future market scenario and the industry trends that are influencing the growth of the segments. Besides, the report also covers the value chain analysis, supply chain analysis, and year-on-year basis analysis of this market.

Market Segmentation

Market By Material

• HDPE
• PP

Market By Pallet Type

• Nestable
• Rackable
• Stackable

Market By End-use

• Food & Beverages
• Pharmaceuticals
• Chemicals
• Construction
• Electronics
• Consumer Goods

Market Regional Analysis:

(Regional Output, Demand & Forecast by Countries)

Based on the regions, the global plastic pallets market is segmented into -North America (US and Canada), Europe (UK, Germany, France, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), Latin America (Mexico, Brazil and Rest of Latin America), Middle East & Africa (GCC, South Africa and Rest of MEA).

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Plastic Pallets
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Plastic Pallets Market By Material
1.2.2.1. Global Plastic Pallets Market Revenue and Growth Rate Comparison By Material (2015-2026)
1.2.2.2. Global Plastic Pallets Market Revenue Share By Material in 2018
1.2.2.3. HDPE
1.2.2.4. PP
1.2.3. Plastic Pallets Market By Pallet Type
1.2.3.1. Global Plastic Pallets Market Revenue and Growth Rate Comparison By Pallet Type (2015-2026)
1.2.3.2. Nestable
1.2.3.3. Rackable
1.2.3.4. Stackable
1.2.4. Plastic Pallets Market By Application
1.2.4.1. Global Plastic Pallets Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.4.2. Food & Beverages
1.2.4.3. Pharmaceuticals
1.2.4.4. Chemicals
1.2.4.5. Construction
1.2.4.6. Electronics
1.2.4.7. Consumer Goods
1.2.5. Plastic Pallets Market By Geography
1.2.5.1. Global Plastic Pallets Market Revenue and Growth Rate Comparison By Geography (2015-2026)
1.2.5.2. North America Plastic Pallets Market Revenue and Growth Rate(2015-2026)
1.2.5.3. Europe Plastic Pallets Market Revenue and Growth Rate(2015-2026)
1.2.5.4. Asia-Pacific Plastic Pallets Market Revenue and Growth Rate(2015-2026)
1.2.5.5. Latin America Plastic Pallets Market Revenue and Growth Rate(2015-2026)
1.2.5.6. Middle East and Africa (MEA) Plastic Pallets Market Revenue and Growth Rate(2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Plastic Pallets Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Plastic Pallets Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Plastic Pallets Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Plastic Pallets Major Manufacturers in 2018

CHAPTER 4. PLASTIC PALLETS MARKET BY MATERIAL
4.1. Global Plastic Pallets Revenue By Material
4.2. HDPE
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. PP
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. PLASTIC PALLETS MARKET BY PALLET TYPE
5.1. Global Plastic Pallets Revenue By Pallet Type
5.2. Nestable
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Rackable
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Stackable
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. PLASTIC PALLETS MARKET BY APPLICATION
6.1. Global Plastic Pallets Revenue By Application
6.2. Food & Beverages
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Pharmaceuticals
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Chemicals
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Construction
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.6. Electronics
6.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.7. Consumer Goods
6.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. NORTH AMERICA PLASTIC PALLETS MARKET BY COUNTRY
7.1. North America Plastic Pallets Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Plastic Pallets Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Plastic Pallets Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 8. EUROPE PLASTIC PALLETS MARKET BY COUNTRY
8.1. Europe Plastic Pallets Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Plastic Pallets Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC PLASTIC PALLETS MARKET BY COUNTRY
9.1. Asia-Pacific Plastic Pallets Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Plastic Pallets Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 10. LATIN AMERICA PLASTIC PALLETS MARKET BY COUNTRY
10.1. Latin America Plastic Pallets Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Plastic Pallets Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 11. MIDDLE EAST & AFRICA PLASTIC PALLETS MARKET BY COUNTRY
11.1. Middle East & Africa Plastic Pallets Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East & Africa Plastic Pallets Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Pallet Type, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE
12.1. OMNIPAK S.R.O.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Smart Flow Europe SA
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. ORBIS Corporation
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Bekuplast Gmbh
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Meridian Group D.O.O.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. TBA Plastové Obaly S.R.O.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. CABKA Group
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. PURUS PLASTICS GmbH
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Plastic Pallets Manufacturers
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Paxxal Inc.
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Type Portfolio
12.11.5. Key Developments
12.11.6. Strategies

CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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