Report: Pallet market to reach 4 billion units by 2023
Report says the market will exhibit a CAGR of 4.7% during 2018-2023.
Equipment in the NewsA3 announces call for 2019 Automate Launch Pad Startup Competition CEMA reports November 2018 shipments up 23.2% compared to November 2017 SencorpWhite names Corey Calla president RFID companies innovate to harness the growth opportunities generated by Manufacturing 4.0 Systems Report: Bulking up at Canadian Tire More Equipment News
Equipment ResourceSouthworth Brouchure Shows Practical Applications of Ergonomics This little booklet done in comic book style uses simple illustrations to take readers on a walk through a hypothetical, yet typical, plant where the plant manager, safety director, and controller point out a variety of problems that were solved through the practical application of ergonomics.
The “Pallet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the market is expected to reach a volume of 4 billion units by 2023, exhibiting a CAGR of 4.7% during 2018-2023.
Pallets are horizontal platforms which support goods and help in carrying them with a front loader or forklift from one place to another. They are one of the most common bases used for stacking goods and are generally secured with a pallet collar, stretch wrap, adhesive or other means of stabilization. They can be manufactured using different materials depending on the application, such as wood, plastic, metal, etc. Since pallets ensure an efficient handling and easy portability, they are used by a large number of manufacturers and shippers of commercial goods across the globe.
Increasing consumer expenditure on housing and infrastructural activities as a result of surging disposable incomes along with rapid urbanization and industrialization remains the primary growth-inducing factor for the global pallet market. In the recent years, plastic pallets have gained immense popularity across various sectors on account of their reusability and recyclability. Moreover, manufacturers are also coming up with various technological innovations in order to increase their consumer-base.
The report has segmented the market on the basis of type into wood, plastic, metal and corrugated paper. Among these, wood accounts for the majority of the total share. The market has further been segregated on the basis of application. This segment includes food and beverages, chemicals and pharmaceuticals, machinery and metal, and construction.
Rehrig Pacific Company
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Pallet Market
6 Market Breakup by Type
7 Market Breakup by Application
8 Market Breakup by Structural Design
9 Market Breakup by Region
10 Imports and Exports
11 Pallet Manufacturing Process
12 Competitive Landscape
Subscribe to Modern Materials Handling Magazine!Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!
Inside Canadian Tire Distribution Center: Design for flexibility Continuous improvement in action View More From this Issue