Germany Pallet Market Overview, 2028

Germany Pallet Market Overview, 2028

A pallet is a flat panel that supports products during transit, typically using wooden or plastic pallets. Pallets are primarily used by producers of both durable and non-durable items, as well as non-manufacturing industries such as food and beverage, retail, transportation and warehousing, and so on. According to the World Bank, total imports of wood pallets in Germany in 2018 totaled USD 541,015,950, making Germany the leading importer of pallet wood goods in that year. Germany's imports of tropical wood and wood products grew in 2021. Brazil will be one of Germany's most important suppliers in 2021. Despite this, Indonesia is the leading supplier of tropical wood products to Germany, excluding pulp goods. Last year, it was determined that German imports from Indonesia climbed dramatically in one year, from USD 167 million to USD 217 million.

According to the research report ""Germany pallet Market Overview, 2028,"" published by Bonafide Research, the market is expected to add USD 1.27 Billion in the upcoming period, 2023-28. The pallets market is divided into four categories: type, application, material, and end-user. The market is divided into four material categories: wood, plastic, Metal, Corrugated and Others. Rackable, nestable, stackable, and display pallets are the different types. It is classified as rental or non-rental according on its application. End-user industries include food and beverage, chemical, retail, pharmaceutical, and others. By material, the wood segment led the pallets market in terms of revenue. Wood pallets are in high demand throughout a wide range of sectors, including logistics & transportation, building & construction, etc. The majority of pallets in use today are made of wood, and they are one of the main contributors to municipal solid garbage (MSW). Furthermore, discarded wooden pallets are high in energy, which is typically lost during MSW disposal. As a result, industries are already implementing recycling ways to decrease wood waste in pallet manufacture. Companies such as Brambles, Ltd. in Australia and CABKA Group GmbH in Germany, for example, are working towards the creation of entirely recyclable or 100% reusable timber and plastic pallets.

The growing usage of pallets for transportation is projected to boost the market over the forecast period. Furthermore, waterways (shipping) are the primary means of cross-border trade, accounting for 90% of traded products. This, in turn, implies that the seas serve as the primary transit arteries for world trade. Furthermore, the Organization for Economic Cooperation and Development (OECD) predicts that marine commerce volumes will quadruple by 2028 as demand rises. Moreover, Plastic pallets are one of the fastest-growing pallet types on the market. Since manufacturers can recycle them or melt and reform them into other manufacturing supplies, this option is popular among businesses looking to reduce waste. Plastic pallets have also risen in demand and popularity because they can store products without the risk of pests or termites.

The European 1200 x 800 mm CHEP pallet is a general purpose platform used for the distribution and transportation of goods and products throughout Continental Europe. The other most common size of pallets used in Europe is 1,200 mm × 1,000 mm, 1,000 mm × 1,200 mm, and 800 mm × 600 mm. In Germany, the Warehousing & Storage business has experienced substantial growth potential over the last five years, which should give the industry with a lengthy and sustained recovery. The key causes here are the e-commerce boom, which has been amplified by the coronavirus outbreak, and the growing willingness of corporations to outsource warehouse services.

The COVID-19 epidemic has increased the population's preference for e-commerce platforms, where e-commerce was previously less prevalent. As a result of the increased penetration of e-commerce platforms, supply chains have been forced to improve transportation and logistics to regulate the flow and cost of departing and arriving commodities. Online orders are smaller and more frequent, necessitating the use of additional assets for inventory management. This generates a need for pallets for e-commerce-based logistics, propelling the pallets industry forward.

Some of the Pallets companies in Germany are INKA Paletten GMBA, Paletten & logistik JanerGMBA, HOLZ-Speckmann GMBH & Co. KG, Recytec GMBA, B- Team Gesellschaft Fur Behalter Logistik GMBH, J.D.F Import-export GMBH, Hit Holzindustrie Torgau GMBH & Co. KG, HPS Hessentaler Paletten System GMBH, ROM BAU GMBH, and more.

Considered in this report
• Geography: Germany
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Germany pallet market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Application Type
• Rental
• Non- rental

By Material Type
• Wood
• Plastic
• Metal
• Corrugated
• Others

By End user Type
• Food and Beverages
• Chemicals
• Pharmaceuticals and Healthcare
• Automotive
• Transportation & Warehousing
• Consumer goods and Retail
• Engineering
• Agriculture
• Other End Use

By Structural Design
• Block
• Stringer
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to pallet market, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.