Market Overview:
The global pallet rental and pallet pooling market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for advanced composite materials, rising concerns over environmental pollution, and growing demand for FMCG products. In terms of type, the HDPE segment is expected to lead the global pallet rental and pooling market during the forecast period. This can be attributed to its properties such as durability, strength, and resistance against corrosion.
Product Definition:
Pallet rental and pallet pooling are two methods of utilizing pallets outside of the traditional purchasing or leasing models. Pallet rental is when a company rents pallets from a supplier for a set amount of time, typically on a monthly basis. Pallet pooling is when companies come together to share resources, such as pallets. This can be done in several ways- through an organization that manages the pooled resources, by sharing directly between companies, or by using a third party to facilitate the exchange. The benefits of pallet rental and pooling include increased efficiency, reduced costs, and improved sustainability practices.
HDPE:
High-density polyethylene (HDPE) is a thermoplastic polymer, which is derived from the catalytic polymerization of ethylene. HDPE has high chemical and mechanical properties such as low moisture regain rate, excellent temperature stability and high impact strength. These properties have made it one of the most widely used materials in various industries including food & beverage, consumer goods packaging and automotive among others.
Polypropylene:
Pallet rental and pallet pooling are the two key concepts in the polypropylene industry. In pallet rental, a company leases or purchases pallets from a third party supplier and uses them to load or unload products at different locations. In contrast, in pallet pooling, multiple companies form an agreement to share common inventory resources by leasing or purchasing standardized raw materials such as wood; plastic; metal; and others.
Application Insights:
The others application segment includes construction and other industries. Other applications of pallets include but are not limited to food and beverage, pharmaceutical, electronics and chemical & petrochemical industries. The food and beverage industry dominated the global market with a revenue share of over 25% in 2017 owing to the rising demand for packaged foods across the globe.
The FMCG industry also followed closely behind with a significant revenue share in 2017 owing to increasing consumer spending on products such as laundry soap, toothpaste, cosmetics among others by using their preferred ¢â‚¬Ëœon-the-go¢â‚¬â„¢ services provided by modern logistics solutions such as online retailing coupled with e-commerce platforms.
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 surge in industrialization, mainly driven by China and India. Growing demand for consumer goods along with increasing investments in construction is anticipated to drive regional growth over the coming years.
The European market was valued at USD X million in 2017 and is projected to witness considerable growth during the forecast period owing to rising awareness regarding environment protection coupled with stringent regulations imposed by environmental agencies such as ECHA, EU or EPA has compelled manufacturers/suppliers of various industries including FMCG; food processing; pharmaceuticals; electronics; chemicals & petrochemicals among others adopt pallet pooling system rather than hiring individual pallets which will reduce waste generation as well as enhance operational efficiency leading to cost saving for companies operating within it.
Growth Factors:
- Increasing demand for pallet rental and pallet pooling services from small and medium-sized businesses (SMBs) due to the benefits of cost savings, efficiency, and sustainability.
- Proliferation of online marketplaces that connect pallet rental and pooling providers with businesses in need of these services, making it easier for SMBs to find the right provider for their needs.
- Growing awareness among businesses about the benefits of using reusable packaging solutions like pallets, which is driving demand for these services.
- Rising costs of traditional materials used in packaging (e.g., cardboard boxes), which is making reusable packaging solutions like pallets more attractive to businesses looking for ways to reduce their overall packaging costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pallet Rental & Pallet Pooling Market Research Report
By Type
HDPE, Polypropylene, Advanced Composite Material
By Application
FMCG, Food and Beverage, Pharmaceuticals, Electronics, Chemical and Petrochemical, Others
By Companies
iGPS Logistics, Loscam Australia, Brambles Limited, Contraload NV, Demes Logistics, Euro Pool Group, Faber Halbertsma Groep, PPS Midlands, Zentek Pool System 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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Pallet Rental & Pallet Pooling Market Report Segments:
The global Pallet Rental & Pallet Pooling market is segmented on the basis of:
Types
HDPE, Polypropylene, Advanced Composite Material
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, Food and Beverage, Pharmaceuticals, Electronics, Chemical and Petrochemical, 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:
- iGPS Logistics
- Loscam Australia
- Brambles Limited
- Contraload NV
- Demes Logistics
- Euro Pool Group
- Faber Halbertsma Groep
- PPS Midlands
- Zentek Pool System GmbH
Highlights of The Pallet Rental & Pallet Pooling 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:
- HDPE
- Polypropylene
- Advanced Composite Material
- By Application:
- FMCG
- Food and Beverage
- Pharmaceuticals
- Electronics
- Chemical and Petrochemical
- 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 Rental & Pallet Pooling 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?
Pallet rental and pallet pooling are two different terms that describe the same concept. Pallets are large, wooden boards that are used to transport goods. They can be stacked on top of each other to create a large, flat surface. This is how pallets are typically used in warehouses and other commercial settings.nnPallet pooling is a process by which businesses share unused or excess pallets with each other. This allows them to use the resources of others while avoiding the cost of purchasing new pallets outright. It also helps reduce wastefulness and environmental impact, since unused or excess stock can often be recycled instead of disposed of improperly.
Some of the major players in the pallet rental & pallet pooling market are iGPS Logistics, Loscam Australia, Brambles Limited, Contraload NV, Demes Logistics, Euro Pool Group, Faber Halbertsma Groep, PPS Midlands, Zentek Pool System GmbH.
The pallet rental & pallet pooling 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 Rental & Pallet Pooling 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 Rental & Pallet Pooling Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Pallet Rental & Pallet Pooling 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 Rental & Pallet Pooling 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 Rental & Pallet Pooling Market Size & Forecast, 2018-2028 4.5.1 Pallet Rental & Pallet Pooling Market Size and Y-o-Y Growth 4.5.2 Pallet Rental & Pallet Pooling Market Absolute $ Opportunity
Chapter 5 Global Pallet Rental & Pallet Pooling 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 Rental & Pallet Pooling Market Size Forecast by Type
5.2.1 HDPE
5.2.2 Polypropylene
5.2.3 Advanced Composite Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pallet Rental & Pallet Pooling 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 Rental & Pallet Pooling Market Size Forecast by Applications
6.2.1 FMCG
6.2.2 Food and Beverage
6.2.3 Pharmaceuticals
6.2.4 Electronics
6.2.5 Chemical and Petrochemical
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pallet Rental & Pallet Pooling 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 Rental & Pallet Pooling 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 Rental & Pallet Pooling Analysis and Forecast
9.1 Introduction
9.2 North America Pallet Rental & Pallet Pooling 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 Rental & Pallet Pooling Market Size Forecast by Type
9.6.1 HDPE
9.6.2 Polypropylene
9.6.3 Advanced Composite Material
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 Rental & Pallet Pooling Market Size Forecast by Applications
9.10.1 FMCG
9.10.2 Food and Beverage
9.10.3 Pharmaceuticals
9.10.4 Electronics
9.10.5 Chemical and Petrochemical
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 Rental & Pallet Pooling Analysis and Forecast
10.1 Introduction
10.2 Europe Pallet Rental & Pallet Pooling 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 Rental & Pallet Pooling Market Size Forecast by Type
10.6.1 HDPE
10.6.2 Polypropylene
10.6.3 Advanced Composite Material
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 Rental & Pallet Pooling Market Size Forecast by Applications
10.10.1 FMCG
10.10.2 Food and Beverage
10.10.3 Pharmaceuticals
10.10.4 Electronics
10.10.5 Chemical and Petrochemical
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 Rental & Pallet Pooling Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pallet Rental & Pallet Pooling 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 Rental & Pallet Pooling Market Size Forecast by Type
11.6.1 HDPE
11.6.2 Polypropylene
11.6.3 Advanced Composite Material
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 Rental & Pallet Pooling Market Size Forecast by Applications
11.10.1 FMCG
11.10.2 Food and Beverage
11.10.3 Pharmaceuticals
11.10.4 Electronics
11.10.5 Chemical and Petrochemical
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 Rental & Pallet Pooling Analysis and Forecast
12.1 Introduction
12.2 Latin America Pallet Rental & Pallet Pooling 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 Rental & Pallet Pooling Market Size Forecast by Type
12.6.1 HDPE
12.6.2 Polypropylene
12.6.3 Advanced Composite Material
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 Rental & Pallet Pooling Market Size Forecast by Applications
12.10.1 FMCG
12.10.2 Food and Beverage
12.10.3 Pharmaceuticals
12.10.4 Electronics
12.10.5 Chemical and Petrochemical
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 Rental & Pallet Pooling Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pallet Rental & Pallet Pooling 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 Rental & Pallet Pooling Market Size Forecast by Type
13.6.1 HDPE
13.6.2 Polypropylene
13.6.3 Advanced Composite Material
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 Rental & Pallet Pooling Market Size Forecast by Applications
13.10.1 FMCG
13.10.2 Food and Beverage
13.10.3 Pharmaceuticals
13.10.4 Electronics
13.10.5 Chemical and Petrochemical
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 Rental & Pallet Pooling Market: Competitive Dashboard
14.2 Global Pallet Rental & Pallet Pooling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 iGPS Logistics
14.3.2 Loscam Australia
14.3.3 Brambles Limited
14.3.4 Contraload NV
14.3.5 Demes Logistics
14.3.6 Euro Pool Group
14.3.7 Faber Halbertsma Groep
14.3.8 PPS Midlands
14.3.9 Zentek Pool System GmbH