The report "Plastic Pallet Market by material (High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Polypropylene (PP), Others), by type (Nestable, Rackable, Stackable, Others), by end user (Food & Beverage, Chemicals, Pharmaceuticals, Petroleum & Lubricants, Others) - Global Forecasts to 2030" The global plastic pallet market is projected to reach USD 7.9 billion in 2023, registering at a Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period 2024-2030. The growth of the market is majorly driven by the growing e-commerce and subsequent demand from logistics. The plastic pallets are used to keep products steady while being transported or stored. In the logistics and supply chain sectors, they are an essential instrument. Comparing plastic pallets to pallets constructed of other materials reveals a number of advantages. Approximately 90% of pallets made now are made from recycled plastic. High-density polyethylene is the recycled plastic that is utilised the most. Conversely, some producers employed post-industrial waste, such as polypropylene, rubber, and silicates. Request sample report at https://www.precisionbusinessinsights.com/request-sample/?product_id=54908 Competitive Dashboard: The prominent key players operating in the global Plastic Pallet market are OMNIPAK S.R.O., Smart Flow Europe SA, ORBIS Corporation, Bekuplast Gmbh, Meridian Group D.O.O., TBA Plastové Obaly S.R.O., CABKA Group, PURUS PLASTICS GmbH, Plastic Pallets Manufacturers, and Paxxal Inc Regional Overview: The report also examines the current concerns and their Future Effects on the Plastic Pallet Market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the Plastic Pallet Market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
- The plastic pallet market research report includes historical data, trending features, and market growth estimates for the future.
- The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
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- The report gives a comprehensive overview of both primary and secondary data.
- The plastic pallet market key players covered here to help them strengthen their place in the market.