Global Plastic Pallet Market Growth 2023-2029

Global Plastic Pallet Market Growth 2023-2029

A pallet, sometimes inaccurately called a skid (a skid has no bottom deck boards), is a flat transport structure that supports goods in a stable fashion while being lifted by a forklift, pallet jack, front loader, work saver, or other jacking device, or a crane. A pallet is the structural foundation of a unit load which allows handling and storage efficiencies. Goods or shipping containers are often placed on a pallet secured with strapping, stretch wrap or shrink wrap and shipped. Since its invention in the twentieth century, its use has dramatically supplanted older forms of crating like the wooden box and the wooden barrel, as it works well with modern packaging like corrugated boxes and intermodal containers commonly used for bulk shipping. This report is focus on Plastic Pallet.

LPI (LP Information)' newest research report, the “Plastic Pallet Industry Forecast” looks at past sales and reviews total world Plastic Pallet sales in 2022, providing a comprehensive analysis by region and market sector of projected Plastic Pallet sales for 2023 through 2029. With Plastic Pallet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plastic Pallet industry.

This Insight Report provides a comprehensive analysis of the global Plastic Pallet 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 Plastic Pallet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Plastic Pallet market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plastic Pallet 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 Plastic Pallet.

The global Plastic Pallet market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In Vietnam, the key players of plastic pallet include NPC VINA, Duy Tan, Pallet Moi Truong xanh, Long Thanh Plastic Co., Ltd., Hanoi Plastics, etc. Top five manufacturers hold a share over 75%. In terms of product, HDPE is the largest segment, with a share over 54%. And in terms of application, the largest application is food industry, with a share over 27%.

This report presents a comprehensive overview, market shares, and growth opportunities of Plastic Pallet market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
HDPE
PP

Segmentation by application
Food Industry
Medical Industry
Chemical Industry
Electronics Industry
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.
NPC VINA
Duy Tan
Pallet Moi Truong xanh
Long Thanh Plastic Co., Ltd.
Hanoi Plastics
Envi Vietnam
Tue Minh Plastic
LogisAll
PAN LINK VIETNAM

Key Questions Addressed in this Report

What is the 10-year outlook for the global Plastic Pallet market?

What factors are driving Plastic Pallet market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Plastic Pallet market opportunities vary by end market size?

How does Plastic Pallet break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.