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Pallet Packaging Market Share

Report ID: GMI6373
Published Date: Aug 2023
Report Format: PDF

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Pallet Packaging Market Share

Some of the major players operating in the Pallet packaging market are:

PalletOne Inc
CHEP (Brambles Limited)
Rehrig Pacific Company
Loscam
Brambles Industrial Solution
ORBIS Corporation
Kamps Pallets
Millwood,
PECO Pallet
IFCO Systems N.V
TranPak
CABKA Group
Schoeller Allibert Group
Craemer Holding GmbH
Litco International

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for pallet packaging was USD 2.3 billion in 2022 and is estimated to reach USD 4.3 billion by the end of 2032, due to increasing demand for secure transportation of goods across borders, globalization, and expansion of international trade worldwide.

The stretch wrapping product segment in the pallet packaging reached USD 0.6 billion in 2022 and is expected to witness significant growth through 2032, owing to increasing demand for stable packaging systems for ensuring safe handling of goods.

The metal application segment in the pallet packaging held market share of around 40% in 2022 and is expected to gain traction through 2032, due to increasing adoption in heavy duty industries, such as automotive and aerospace.

U.S. pallet packaging recorded USD 0.7 billion in 2022 and is expected to garner significant growth through 2032, owing to the rise of the e-commerce sector and bulk packaging activities in the region.