Unlike traditional wood or plastic pallets, paper pallets are made from paper board or molded paper pulp and light weighted. Many are configured with holes built into the sides, which allows forklifts and other hoisting devices to easily load goods into or out of a truck or warehouse.
The paper pallet industry is a small part (below 10%) of the total pallets market in the world at present. As we know, wooden pallet is still the most mainly used type around the world, and there are some pallets made from plastic and metal, etc.
Europe is the largest consumption area of paper pallet in the world in the past few years and it will keep the same position in the next few years. The Europe market took up about 32.44% in the global market in 2018. North America is the second largest consumption region with the share of about 29.81%. Regions like China, Japan, India and Southeast Asia countries will grow fast in the forecast period.
According to this study, over the next five years the Paper Pallet market will register a 1.8% CAGR in terms of revenue, the global market size will reach US$ 680 million by 2024, from US$ 620 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Paper Pallet business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Paper Pallet market by product type, application, key manufacturers and key regions and countries.
This study considers the Paper Pallet value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Corrugated Pallet
Honeycomb Pallet
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food & Beverage
Electronics & Home Appliance
Consumer Good
Pharmaceutical Industry
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Corrugated Pallets
Smurfit Kappa
Erdie Industries
Sonoco
Conitex Sonoco
Forlit
Yiqiang
GL Packaging
Hongxingtai
Yiheyi Packaging
Cortek Inc.
Shenzhen Dongheng
Kaily Packaging
Rebul Packaging
Elsons International
Tai Hing Cheung
Tri-Wall
Corrupal
Honey Shield
Triple A Containers
AXIS VERSATILE
SINCT
Alternative Pallet
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Paper Pallet consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Paper Pallet market by identifying its various subsegments.
Focuses on the key global Paper Pallet manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Paper Pallet with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Paper Pallet submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
