The globalpallet pooling market is predicted to grow at a CAGR of 6.1% over the assessment period, reaching a valuation of more than US$ 12.9 Bn by 2032.
Sales in the pallet pooling market are predicted to increase develop on the back of rising demand for reducing logistic
costs. Pavement management solutions carry backlinks to gather these pallets for repurposing by other manufacturers
across the supply chain. The pallet interface eliminates the need for managing pallet distribution, reducing the
complexity of pallet purchase, management, and retrieval.
Technological advancements are projected to create growth prospects for the pallet pooling market players. Various
pallet pooling companies are focusing on introducing sophisticated pallets. For instance, they are launching pallets
covered in radio frequency identification (RFID) tags. Due to numerous advantages, such as effective supply chain
monitoring, this concept is rapidly gaining traction.
Get | Download Sample Copy with Graphs & List of Figures@
In the fast-moving consumer goods, food & beverage, and pharmaceutical industries, pallet pooling is very popular. Pooling pallet manufacturers continue to use
wood and plastic as their principal materials. Demand for wood pallets is expected to remain high in comparison with
other materials such as steel and composites.
In the forthcoming years, disposable plastic pallet pooling, which is appreciated for its durability and low cost, is
predicted to gain a substantial share in the global pallet pooling market. The global pallet pooling market will benefit
from rapid industrialization and increasing demand from the pharmaceutical sector.
“The introduction of pallets with RFID tags, along with pallet pooling rental services offered by market players will
augment the growth in the market over the forecast period,” says an FMI analyst.
Key Takeaways:By structural design, sales in the block pallet pooling segment are slated to increase at a 6.7% CAGR over the forecast
period.Based on material, the wooden pallets segment will account for 57% of the total market share over the assessment period.In terms of end-use industry, sales in the FMCG segment will command more than 33% of the total market share in 2022.The U.S. pallet pooling market will offer an incremental opportunity of US$ 1.3 Bn over the forecast period.Total sales of pallet pooling services in China will reach a valuation of US$ 214.6 Bn by 2032.Demand for pallet pooling services in Germany is poised to grow at a 3.6% CAGR over the forecast period.
For More Information or Query or Customization Before Buying, Visit@
Competition Landscape
Pallet pooling service providers are focusing on business expansion by opening new distribution centers and sales
offices. Many manufacturers are creating strong networks with dealers and distributors to expand their businesses across
multiple regions.
Some of the key pallet pooling manufacturers included in the report are Brambles Limited, Schoeller Arca, Faber
Halbertsma, Euro Pool Group, Loscam, LPR, Contraload NV, Zentek Pool System GmbH, PPS Midlands Limited, Demes Logistics
Gmbh & Co. KG.
More Insights into the Pallet Pooling Market Report
In its latest report, FMI offers an unbiased analysis of the global pallet pooling market, providing historical data for
the period of 2017-2021 and forecast statistics for the period of 2022-2032. In order to understand the global market
potential, its growth, and scope, the market is segmented on the basis of structural design (block, stringer and
customized), materials (wood, composite, plastic, steel and other metals), and end-use industry (FMCG, food & beverage, pharmaceuticals, electronics, chemicals and others) across seven regions (North America, Latin America,
Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).
Explore wide-ranging Coverage of FMI’s Industrial Automation Market Insights Landscape:
Ductless Heating & Cooling Systems Market :The global Ductless Heating & Cooling Systems Market size is likely to grow at a rate of 8% CAGR during the forecast period of 2022 to 2032
Biocomposites Market :During the assessment period, the global biocomposites market is expected to increase at a robust CAGR of 16%, from US$
25 Bn in 2021 to US$ 128 Bn in 2032
Stacker Crane Market :From 2022 to 2032, the Stacker Cranes Market is expected to grow at a CAGR of 7%, from an estimated USD 976 million in
2021 to USD 2022.48 million in 2032
Industrial PC Market :During the assessment period, the global Industrial PC Market is expected to register a robust CAGR of 6%, from US$ 5 Bn
in 2021 to US$ 9.4 Bn in 2032
Industrial Cybersecurity Market :The industrial cybersecurity market is anticipated to record a CAGR of 7.7% during the forecast period (2022 - 2032)
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of
Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses
opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel
and End Use over the next 10-years.
Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries:sales@futuremarketinsights.com
For Media Enquiries:press@futuremarketinsights.com