Pallet Market Size to Reach USD 110,565.7 Million by 2027 at a CAGR of 5.1% - Valuates Reports - Seite 2
The incorporation of RFID tags provides a lucrative growth opportunity for the pallet market players. RFID incorporated pallets help mitigate pallet theft and misplacement. Furthermore, the introduction of emerging technologies in supply chains such as the internet of things (IoT), automation, collaborative robots (cobots), and others will increase the demand for RFID pallets.
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PALLETS MARKET SHARE ANALYSIS
Based on material, plastic via injection molding segment is projected to grow at a significant CAGR during the forecast period.
Based on type, the Display segment is projected to grow at a significant CAGR during the forecast period.
Based on the region, Asia-Pacific held the largest market share in 2019, and LAMEA is expected to grow at the highest rate during the forecast period. The rapid industrialization in the Asia-Pacific region, as well as the explosive growth of e-commerce, are two main factors driving the Asia-Pacific market's expansion.
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Lesen Sie auch
Global Pallets Market Segments
BY TYPE
- Rackable
- Nestable
- Stackable
- Display
By Material
- Wood
- Plastic via injection molding
- Plastic via other methods
- Corrugated paper
- Metal
By End-user Industry
- Food & beverage
- Chemical
- Retail
- Pharmaceutical
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Indonesia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
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