Global Pallet Pooling Market Growth (Status and Outlook) 2023-2029
A pallet pooling company manages pallets for pallet user. Instead of buying own supply of pallets, pallet user rent them from a shared pool. The pallet pooling company ensures that a supply of pallets in good repair and ready for use arrives at pallet user’s facilities when they need them. A pallet pooling service provider takes care of the reverse logistics throughout the supply chain needed to recover these pallets for reuse by pallet user.
Due to cost and a need to focus on core business, pallet pooling becomes more and more common. Some pallet suppliers supply users with reusable pallets, sometimes with integral tracking devices. A pallet management company can help supply, clean, repair, and reuse pallets.
LPI (LP Information)' newest research report, the “Pallet Pooling Industry Forecast” looks at past sales and reviews total world Pallet Pooling sales in 2022, providing a comprehensive analysis by region and market sector of projected Pallet Pooling sales for 2023 through 2029. With Pallet Pooling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pallet Pooling industry.
This Insight Report provides a comprehensive analysis of the global Pallet Pooling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pallet Pooling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Pallet Pooling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pallet Pooling and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pallet Pooling.
The global Pallet Pooling market size is projected to grow from US$ 8846.4 million in 2022 to US$ 13050 million in 2029; it is expected to grow at a CAGR of 5.7% from 2023 to 2029.
Global key players of Pallet Pooling include Brambles Limited, Euro Pool Group, Faber Halbertsma Groep B.V, JPR and Korea Pallet Pool, etc. Top five players occupy for a share about 69%. North America is the largest market, with a share about 45%, followed by Asia-Pacific and Europe. In terms of product, Pallet Pooling is the largest segment, with a share over 81%. In terms of application, FMCG is the largest market, with a share over 38%.
This report presents a comprehensive overview, market shares, and growth opportunities of Pallet Pooling market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Pallet Pooling
Pallet Rental
Segmentation by application
FMCG
Pharmaceuticals
Electronics
Chemical and Petrochemical
Machinery Manufacturing
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Brambles Limited
Euro Pool Group
Faber Halbertsma Groep B.V
JPR
Korea Pallet Pool
Tosca Services, LLC
Loscam
IGPS Logistics LLC
PECO Pallet
Demes Logistics GmbH
Logtek
PPS Midlands
Please note: The report will take approximately 2 business days to prepare and deliver.
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