Market Overview:
The Global Pallet Pool System Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for pallet pool systems from various end-use industries, such as FMCG, pharmaceuticals, electronics, chemical and petrochemical, machinery manufacturing industry and others. In addition, the growing trend of just-in-time (JIT) inventory management is also fueling the demand for pallet pool systems across the globe. Based on type, nestable pallet pool system held a major share of the global market in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to their low cost and easy handling characteristics that make them suitable for use in small warehouses or distribution centers.
Product Definition:
A pallet pool system is a logistical network that utilizes a common pool of pallets to ship goods. This system is important because it allows businesses to save money on pallets, as well as reduce the amount of time it takes to receive new pallets.
Nestable Pallet Pool System:
Nestable pallet pool system is a method to combine two or more pallets together to form a single unit that can be used for shipping. It reduces the number of times the product has to be loaded into and unloaded from transport vehicles, thereby reducing labor costs and improving efficiency. The system consists of an upper tier containing products, which can be reached by using lower tier as a step or steps.
Stackable Pallet Pool System:
The stackable pallet pool system is a type of storage system that utilizes vertical space on pallets to store products. The stacking of these pallets forms a tower, which can be used for multiple purposes such as displaying and selling products or using it as a storage unit. This helps in increasing the overall efficiency of the company by reducing losses due to breakage and damage caused to product during transportation.
Application Insights:
The others application segment includes food and beverage, consumer goods, e-commerce logistics, retail and distribution centers. The Latin America fmcg industry is growing at a rapid pace due to the increasing population and favorable economic conditions such as flexible labor laws that promote employment generation. This has led to an increased demand for organized retail sector in the region which in turn will boost product demand over the forecast period.
The pharmaceuticals segment is expected to witness significant growth over the forecast period owing to factors such as increasing investments by governments across countries of Latin America & Asia Pacific for developing advanced manufacturing facilities along with technological advancements & innovations in equipment designs that enhance efficiency levels within plants. These factors are anticipated to drive pallet pool system market growth during the study period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a significant rise in foreign investments coupled with favorable government policies promoting manufacturing facilities. China, India, Japan, South Korea are some of the prominent markets that have been witnessing rapid growth in recent years.
The growing e-commerce industry and increasing consumer spending on online shopping have created numerous opportunities for FMCG companies across Asia Pacific countries such as China and India. Furthermore, rising demand for personal care products along with steady growth of pharmaceuticals industry is projected to drive regional product demand over the forecast period.
Growth Factors:
- Increasing demand for pallet pooling services from small and medium-sized businesses (SMBs) due to the benefits of cost savings, efficiency, and sustainability.
- Proliferation of pallet pooling technology that enables real-time tracking of pallets and their contents, as well as automated inventory management and order fulfillment processes.
- Growing popularity of just-in-time (JIT) delivery systems among retailers and manufacturers, which has led to an increased demand for pooled pallets to support last mile deliveries.
- Rising concerns over environmental sustainability among consumers and businesses alike, which has led to a growing preference for reusable packaging solutions like pallet pools over disposable alternatives like cardboard boxes or plastic bags.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pallet Pool System Market Research Report
By Type
Nestable Pallet Pool System, Stackable Pallet Pool System, Rackable Pallet Pool System
By Application
FMCG, Pharmaceuticals, Electronics, Chemical and Petrochemical, Machinery Manufacturing Industry, Others
By Companies
Brambles Limited, Euro Pool Group, Faber Halbertsma, JPR, Korea Pallet Pool, Loscam, Schoeller Arca, IGPS Logistics LLC, Contraload NV, PECO Pallet, Demes Logistics GmbH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Pallet Pool System Market Report Segments:
The global Pallet Pool System market is segmented on the basis of:
Types
Nestable Pallet Pool System, Stackable Pallet Pool System, Rackable Pallet Pool System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
FMCG, Pharmaceuticals, Electronics, Chemical and Petrochemical, Machinery Manufacturing Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Brambles Limited
- Euro Pool Group
- Faber Halbertsma
- JPR
- Korea Pallet Pool
- Loscam
- Schoeller Arca
- IGPS Logistics LLC
- Contraload NV
- PECO Pallet
- Demes Logistics GmbH
Highlights of The Pallet Pool System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Nestable Pallet Pool System
- Stackable Pallet Pool System
- Rackable Pallet Pool System
- By Application:
- FMCG
- Pharmaceuticals
- Electronics
- Chemical and Petrochemical
- Machinery Manufacturing Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pallet Pool System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A pallet pool system is a type of automated storage and retrieval system for handling large quantities of pallets. The system typically consists of a series of conveyor belts that move the pallets from one location to another, and an area where the pallets are stored until they are needed.
Some of the major players in the pallet pool system market are Brambles Limited, Euro Pool Group, Faber Halbertsma, JPR, Korea Pallet Pool, Loscam, Schoeller Arca, IGPS Logistics LLC, Contraload NV, PECO Pallet, Demes Logistics GmbH.
The pallet pool system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pallet Pool System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Pallet Pool System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Pallet Pool System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Pallet Pool System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Pallet Pool System Market Size & Forecast, 2018-2028 4.5.1 Pallet Pool System Market Size and Y-o-Y Growth 4.5.2 Pallet Pool System Market Absolute $ Opportunity
Chapter 5 Global Pallet Pool System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pallet Pool System Market Size Forecast by Type
5.2.1 Nestable Pallet Pool System
5.2.2 Stackable Pallet Pool System
5.2.3 Rackable Pallet Pool System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pallet Pool System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pallet Pool System Market Size Forecast by Applications
6.2.1 FMCG
6.2.2 Pharmaceuticals
6.2.3 Electronics
6.2.4 Chemical and Petrochemical
6.2.5 Machinery Manufacturing Industry
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pallet Pool System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pallet Pool System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pallet Pool System Analysis and Forecast
9.1 Introduction
9.2 North America Pallet Pool System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pallet Pool System Market Size Forecast by Type
9.6.1 Nestable Pallet Pool System
9.6.2 Stackable Pallet Pool System
9.6.3 Rackable Pallet Pool System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pallet Pool System Market Size Forecast by Applications
9.10.1 FMCG
9.10.2 Pharmaceuticals
9.10.3 Electronics
9.10.4 Chemical and Petrochemical
9.10.5 Machinery Manufacturing Industry
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pallet Pool System Analysis and Forecast
10.1 Introduction
10.2 Europe Pallet Pool System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pallet Pool System Market Size Forecast by Type
10.6.1 Nestable Pallet Pool System
10.6.2 Stackable Pallet Pool System
10.6.3 Rackable Pallet Pool System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pallet Pool System Market Size Forecast by Applications
10.10.1 FMCG
10.10.2 Pharmaceuticals
10.10.3 Electronics
10.10.4 Chemical and Petrochemical
10.10.5 Machinery Manufacturing Industry
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pallet Pool System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pallet Pool System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pallet Pool System Market Size Forecast by Type
11.6.1 Nestable Pallet Pool System
11.6.2 Stackable Pallet Pool System
11.6.3 Rackable Pallet Pool System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pallet Pool System Market Size Forecast by Applications
11.10.1 FMCG
11.10.2 Pharmaceuticals
11.10.3 Electronics
11.10.4 Chemical and Petrochemical
11.10.5 Machinery Manufacturing Industry
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pallet Pool System Analysis and Forecast
12.1 Introduction
12.2 Latin America Pallet Pool System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pallet Pool System Market Size Forecast by Type
12.6.1 Nestable Pallet Pool System
12.6.2 Stackable Pallet Pool System
12.6.3 Rackable Pallet Pool System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pallet Pool System Market Size Forecast by Applications
12.10.1 FMCG
12.10.2 Pharmaceuticals
12.10.3 Electronics
12.10.4 Chemical and Petrochemical
12.10.5 Machinery Manufacturing Industry
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pallet Pool System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pallet Pool System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pallet Pool System Market Size Forecast by Type
13.6.1 Nestable Pallet Pool System
13.6.2 Stackable Pallet Pool System
13.6.3 Rackable Pallet Pool System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pallet Pool System Market Size Forecast by Applications
13.10.1 FMCG
13.10.2 Pharmaceuticals
13.10.3 Electronics
13.10.4 Chemical and Petrochemical
13.10.5 Machinery Manufacturing Industry
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pallet Pool System Market: Competitive Dashboard
14.2 Global Pallet Pool System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Brambles Limited
14.3.2 Euro Pool Group
14.3.3 Faber Halbertsma
14.3.4 JPR
14.3.5 Korea Pallet Pool
14.3.6 Loscam
14.3.7 Schoeller Arca
14.3.8 IGPS Logistics LLC
14.3.9 Contraload NV
14.3.10 PECO Pallet
14.3.11 Demes Logistics GmbH