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Pallet Pooling - Global Market Outlook (2017-2023)

09:49 EDT 31 Jul 2017 | PR Newswire

LONDON, July 31, 2017 /PRNewswire/ -- According to Stratistics MRC, the Global Pallet Pooling Market is expected to grow from $695.34 million in 2016 to reach $1214.12 million by 2023 with a CAGR of 8.3%. Rapid industrialization and globalization, growth in logistic services, and increasing demand from pharmaceutical industry due to strict regulations to maintain cleanliness while transporting pharmaceuticals are some of the major factors bolstering the market growth. However, high cost and shortage of raw material are hindering the market growth during the forecast period.


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Wood material is expected to dominate the global market during the forecast period due to its properties such as light weight and also increasing adoption by food industry. North America accounted for the largest share in global pallet pooling market followed by Europe. Asia Pacific is projected to grow at a faster pace. Rapid industrialization, increasing demand from pharmaceutical industry and huge investments by key players in emerging countries such as China and India are the factors favoring the market growth in this region.

Some of the key players in Global Pallet Pooling Market include Brambles Limited, Buckhorn, CABKA Group, Contraload NV, Demes Logistics GmbH & Co. KG, Euro Pool System International, Faber Halbertsma Groep B.V., iGPS Logistics LLC, Litco International, Loscam Australia Pty. Ltd., PPS Midlands Limited, Schoeller Arca Time Materials Handling Solutions Limited, The Corrugated Pallets Company, Tianjin CIMC Logistics Equipment, and Zentek Pool System GmbH.

Product Types Covered:
• Nestable
• Rackable
• Stackable

Material Types Covered:
• HDPE
• Advanced Composite Material
• Polypropylene
• Corrugated paper
• Metal
• Wood

End Users Covered:
• FMCG
• Electronics
Chemical & Petrochemical
• Food & Beverage
• Pharmaceuticals
• Textile
• Other End Users

Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt



What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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View original content:http://www.prnewswire.com/news-releases/pallet-pooling---global-market-outlook-2017-2023-300496681.html

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