Market Highlights: The pallet is a shallow portable platform which supports good in a stable fashion while being lifted by a forklift, a front loader, a pallet jack, or an erect crane. It helps in carrying goods with a front loader or forklift from one place to another. A pallet is one of the most common bases used for stacking goods and are generally secured with a pallet collar, adhesive stretch wrap or other means of stabilization. These are commonly made of wood, plastic or fiberboards. A four-way pallet is widely used and considered to be useful, as it is constructed to enable forklift truck tines to engage from any of its four sides. The market study is being classified by Type (Wood, Composite Wood, Plastic, Metal, Card board or Corrugated and Others), by Application (Aerospace, Automotive & Transportation, Chemicals/ Pharmaceuticals, Computers & Electronics, Electrical Equipment, Fabricated Metals, Food, Beverage & Tobacco, Furniture, Industrial Machinery, Paper/ Printing, Plastics & Rubber, Primary Metals, Textiles/ Apparel and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Pallets are Brambles (Australia), Falkenhahn (Germany), Palettes Gestion Services (France), PalletOne (United States), Schoeller Allibert (United Kingdom), ORBIS (United States), Craemer Group (Germany), Rehrig Pacific (United States), Shanghai Lika Plastic Pallet Manufacturing (United States), Tasler Inc. (United States), World Steel Pallet (Thailand), Arrington Lumber and Pallet (United States), L.C.N Inc. (Canada), Loscam (Hong Kong) and PECO Pallet (United States).
Major Market Development Highlights In January 2019, Saudi Pallet Manufacturing Company, a multi-use plastic pallet manufacturer has signed a Memorandum of understanding with SABIC. Under the MoU, SPMC will partner with SABIC in order to manufacture Paxxal Pallet for export and develop supply chain initiatives for the local market.
Key Questions Answered in the Report What will the Pallets Market size and the growth rate be in Future? What are the key factors driving the Pallets Market? What are the key market trends and macro-economic impacting the growth of the Pallets Market? What are the challenges to market growth? Who are the key vendors in the Pallets Market? What are the market opportunities and threats faced by the vendors in the Pallets Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Pallets Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Pallets market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Pallets market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Pallets Manufacturer, Pallets Supplier, Raw Material Supplier, Association and Government Bodies, Research Company and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.