Pallet Pooling Market was worth US$ 379.88 Mn. in 2021 and overall revenue is anticipated to rise at a rate of 6.00% from 2021 to 2029, reaching almost US$ 605.47 Mn.Pallet Pooling Market Overview:
The process of renting or leasing pallets from a shared pool is known as pallet pooling. Pallet Inventory Management and maintenance can be costly for companies. As a result, pallet Sharing is an excellent way to save money. Due to its cost efficiency over plastic pallets, wooden pallet Pooling accounts for over 90% of global pallet pooling. Plastic pallets, on the other hand, are being driven by demand for washable, sanitary, and insect-free pallets. Pooling pallets relieves financial strain by obviating large upfront payments for pallet procurement, making it a Cost-Effective method of obtaining pallets.To know about the Research Methodology :- Request Free Sample Report
Pallet Pooling Market Dynamics:
Pallet pooling is particularly common in the fast-moving consumer goods, food and beverage, and pharmaceutical industries. Manufacturers of pooling pallets continue to use wood and plastic as their primary materials. When compared to other materials such as steel and composites, pallet pooling made of wood continues to have a higher demand share. Disposable plastic pallet pooling, which is preferred for its durability and cost-effectiveness, is expected to see a significant increase in revenue share in the worldwide pallet pooling market in the near future. Rapid industrialization and rising demand from the pharmaceutical industry are also propelling the worldwide pallet pooling market ahead. Companies spend a lot of money on logistics and transportation services all around the globe. Companies are reconsidering their supply chain operations in reaction to the rise in online sales, which has pushed up shipping rates due to a lack of freight transportation capacity. Government regulations on driver and warehouse worker hours and labour impact the global transportation and materials handling business on a regular basis. The transportation and logistics industry is also resistant to poor in crude oil prices and other economic considerations. This is why companies are attempting to cut their logistical costs as much as possible. For efficient supply chain monitoring as well as correct pallet transportation and supply management, market players are integrating radio frequency identification (RFID) tags with plastic pallets. RFID tags ensure traceability across the supply chain, from distribution or rental service centers to end-use users, by storing information in a microchip and transmitting it via a transponder. For example, Intelligent Global Pooling Systems (iGPS) Logistics LLC was the first pallet manufacturer to include RFID tags in its pallets to make supply chain management easier. These are the opportunity for the pallet polling market.Pallet Pooling Market Segment Analysis:
Based on Type, the market is segmented into Stackable, Rackable, and Nestable. Stacking loaded pallets properly in warehouses and storage facilities is critical for avoiding accidents. Materials should be stacked, blocked, interlocked, and limited in height to prevent sliding or collapse, according to Occupational Safety and Health Standards (OSHA) rules. The materials should not be stored in a hazardous manner. Employee safety is affected by poorly stacked loaded pallets, which increases the risk of warehouse injuries. Based on Material, the market is segmented into Wood, HDPE, Advanced Composite Material, Polypropylene, Corrugated paper, Metal. Pallet pooling will continue to be manufactured with wood and plastic as the primary materials. When compared to other materials such as steel and composites, pallet pooling made of wood remains to have a higher demand percentage. Furthermore, during the second half of the forecast year, sales of wood pallet pooling will exceed US$ 6 billion. Disposable plastic pallet pooling, which is preferred for its durability and cost-effectiveness, is expected to see a significant increase in revenue share in the global pallet pooling market in the near future. Based on the Application, the market is segmented into FMCG, Food & beverages, Pharmaceuticals, Electronics, and Textile. Since warehouses are such an important part of the fast-moving consumer goods (FMCG) industry, pallet pooling will continue to be popular in this sector over the next decade. The FMCG industry consumed pallet pooling was worth US$ 2.2 billion in 2019. Pallet pooling players are also putting a large amount of money into the food and beverage and pharmaceutical industries. Pallet pooling is estimated to account for nearly half of total demand in both of these markets.
Pallet Pooling Market Regional Insights:
When an increasing number of warehouse operators prefer pallet pooling for the transportation of products as well as packaged food, which is widely consumed in the region, North America continues to lead the global pallet pooling market. Because of the growing number of industrial activities, North America is expected to have the largest share of the pallet pooling market, followed by Europe. In 2021, the pallet market in the Asia Pacific was valued at the US $ 14.77 billion, and it is expected to continue to grow throughout the forecast period. The adoption of wooden and plastic pallets for importing and exporting goods from one country to another is expected to fuel growth in the Asia Pacific. Countries such as India and China are expected to have a significant opportunity to grow over the forecast period. The objective of the report is to present a comprehensive analysis of the global Pallet Pooling Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Pallet Pooling Market dynamics, structure by analyzing the market segments and projects the global Pallet Pooling Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the global Pallet Pooling Market make the report investor’s guide.Pallet Pooling Market Scope: Inquire before buying
Global Pallet Pooling Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US$ 379.88 Mn. Forecast Period 2022 to 2029 CAGR: 6% Market Size in 2029: US$ 605.47 Mn. Segments Covered: by Type • Stackable • Rackable • Nestable by Material • Wood • HDPE • Advanced composite material • Polypropylene • Corrugated paper • Metal by Application • FMCG • Food & beverages • Pharmaceuticals • Electronics • Textile. Pallet Pooling Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaPallet Pooling Market Key Players are:
• PPS Midlands Limited • The Corrugated Pallet • LOSCAM • iGPS Logistics LL • CABKA Group • Buckhorn • ORBIS • Falkenhah • Bramble • Faber Halbertsma Group • Logistics GmbH and Co. KG • Contraload NV Demes • Euro Pool System International • HTR Paletten-Service • Rehrig Pacific • Schoeller Allibert • Greystone Logistics • Craemer Holding Frequently Asked Questions: 1. Which region has the largest share in Global Pallet Pooling Market? Ans: North America region held the highest share in 2021. 2. What is the growth rate of Global Pallet Pooling Market? Ans: The Global Pallet Pooling Market is expected grow at a CAGR of 6% during forecast period 2022-2029. 3. What is scope of the Global Pallet Pooling market report? Ans: Global Pallet Pooling Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Pallet Pooling market? Ans: The important key players in the Global Pallet Pooling Market are – PPS Midlands Limited, The Corrugated Pallet, LOSCAM, iGPS Logistics LL, CABKA Group, Buckhorn, ORBIS, Falkenhah, Bramble, Faber Halbertsma Group, Logistics GmbH and Co. KG, Contraload NV Demes, Euro Pool System International, HTR Paletten-Service, Rehrig Pacific, Schoeller Allibert, Greystone Logistics, and Craemer Holding. 5. What is the study period of this market? Ans: The Global Pallet Pooling Market is studied from 2021 to 2029.
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1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Pallet Pooling Market Size, by Market Value (US$ Mn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Pallet Pooling Market 3.4. Geographical Snapshot of the Pallet Pooling Market , By Manufacturer share 4. Global Pallet Pooling Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Type of Buyers/Consumers 4.1.6.3. Bargaining Type of Suppliers 4.1.6.4. Threat of Substitute Type 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-16 Pandemic on the Global Pallet Pooling Market 5. Supply Side and Demand Side Indicators 6. Global Pallet Pooling Market Analysis and Forecast, 2021-2029 6.1. Global Pallet Pooling Market Size & Y-o-Y Growth Analysis. 7. Global Pallet Pooling Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 7.1.1. Stackable 7.1.2. Rackable 7.1.3. Nestable 7.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 7.2.1. Wood 7.2.2. HDPE 7.2.3. Advanced composite material 7.2.4. Polypropylene 7.2.5. Corrugated paper 7.2.6. Metal 7.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 7.3.1. FMCG 7.3.2. Food & beverages 7.3.3. Pharmaceuticals 7.3.4. Electronics 7.3.5. Textile. 8. Global Pallet Pooling Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Pallet Pooling Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 9.1.1. Stackable 9.1.2. Rackable 9.1.3. Nestable 9.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 9.2.1. Wood 9.2.2. HDPE 9.2.3. Advanced composite material 9.2.4. Polypropylene 9.2.5. Corrugated paper 9.2.6. Metal 9.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 9.3.1. FMCG 9.3.2. Food & beverages 9.3.3. Pharmaceuticals 9.3.4. Electronics 9.3.5. Textile. 10. North America Pallet Pooling Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Pallet Pooling Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 11.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 12. Canada Pallet Pooling Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 12.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 13. Mexico Pallet Pooling Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 13.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 14. Europe Pallet Pooling Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 14.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 15. Europe Pallet Pooling Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Pallet Pooling Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 16.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 17. France Pallet Pooling Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 17.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 18. Germany Pallet Pooling Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 18.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 19. Italy Pallet Pooling Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 19.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 20. Spain Pallet Pooling Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 20.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 21. Sweden Pallet Pooling Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 21.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 22. CIS Countries Pallet Pooling Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 22.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 23. Rest of Europe Pallet Pooling Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 23.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 24. Asia Pacific Pallet Pooling Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 24.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 25. Asia Pacific Pallet Pooling Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Pallet Pooling Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 26.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 27. India Pallet Pooling Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 27.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 28. Japan Pallet Pooling Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 28.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 29. South Korea Pallet Pooling Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 29.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 30. Australia Pallet Pooling Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 30.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 31. ASEAN Pallet Pooling Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 31.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 32. Rest of Asia Pacific Pallet Pooling Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 32.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 33. Middle East Africa Pallet Pooling Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 33.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 34. Middle East Africa Pallet Pooling Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Pallet Pooling Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 35.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 36. GCC Countries Pallet Pooling Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 36.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 37. Egypt Pallet Pooling Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 37.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 38. Nigeria Pallet Pooling Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 38.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 39. Rest of ME&A Pallet Pooling Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 39.3. Market Size (Value) Estimates & Forecast By Application, 2019-202 40. South America Pallet Pooling Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 40.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 41. South America Pallet Pooling Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Pallet Pooling Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 42.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 43. Argentina Pallet Pooling Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 43.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 44. Rest of South America Pallet Pooling Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Material, 2021-2029 44.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Pallet Pooling Market. 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Functionalities and R&D Investment 45.2.2. New Type Launches and Type Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. PPS Midlands Limited 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Type Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Wavelengths 45.3.2. The Corrugated Pallet 45.3.3. LOSCAM 45.3.4. iGPS Logistics LL 45.3.5. CABKA Group 45.3.6. Buckhorn 45.3.7. ORBIS 45.3.8. Falkenhah 45.3.9. Bramble 45.3.10. Faber Halbertsma Group 45.3.11. Logistics GmbH and Co. KG 45.3.12. Contraload NV Demes 45.3.13. Euro Pool System International 45.3.14. HTR Paletten-Service 45.3.15. Rehrig Pacific 45.3.16. Schoeller Allibert 45.3.17. Greystone Logistics 46. Primary Key Insights