Jul 29, 2021   SOURCE: BusinessWire

$72.45 Billion Pallet Global Market to 2026 - Featuring Brambles, Coxco and Myers Industries Among Others - ResearchAndMarkets.com

The "Pallet Market Research Report by Product, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Pallet Market size was estimated at USD 72.45 Billion in 2020 and expected to reach USD 76.47 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 5.88% to reach USD 102.10 Billion by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Pallet Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Pallet Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Pallet Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Pallet Market?

4. What is the competitive strategic window for opportunities in the Global Pallet Market?

5. What are the technology trends and regulatory frameworks in the Global Pallet Market?

6. What is the market share of the leading vendors in the Global Pallet Market?

7. What modes and strategic moves are considered suitable for entering the Global Pallet Market?

Market Dynamics

Drivers

  • Increasing demand in pharmaceutical and chemical sector
  • Growth in consumer expenditure on housing and infrastructural activities
  • Rising number of power plants

Restraints

  • Contamination of wood pallets in highly regulated industries like food and pharmaceuticals

Opportunities

  • Rising Adoption of Smart Pallets
  • Introduction of multiple triple and recyclable pallet from improving operational efficiency

Challenges

  • Stringent government regulation and certifications

Companies Mentioned

  • ActionPak, Inc
  • ASIA TIMBER INDUSTRY
  • Bay Wood Products, Inc.
  • Brambles Ltd.
  • CABKA Group GmbH
  • CHEP
  • Coxco, Inc.
  • Falkenhahn AG
  • Greif Inc.
  • Hemant Wooden Packaging
  • iGPS Company LLC
  • LEAP India Pvt. Ltd.
  • Loscam International Holdings Co.
  • Myers Industries, Inc.
  • Nefab AB
  • New Pig Corporation
  • Nilkamal Limited
  • Palcon LLC
  • Palette L.C.N inc.
  • Pallets Asia Pte Ltd.
  • PECO Pallet, Inc.
  • Quantum Storage Systems
  • Rehrig Pacific Company
  • Rowlinsons Packaging Ltd.
  • Schoeller Allibert
  • SHREE ENTERPRISE
  • Sintex Plastics Technology Ltd.
  • Swift Technoplast Private Limited
  • Time Technoplast Limited
  • UFP Industries, Inc

For more information about this report visit https://www.researchandmarkets.com/r/ghlyer