Market Overview:
The global plastic pallet pooling market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for plastic pallets from various end-use industries, such as FMCG, pharmaceuticals, electronics, chemical and petrochemical, and machinery manufacturing industry. In addition, the growing trend of collaborative economy is also fueling the growth of this market. On the basis of type, the global plastic pallet pooling market can be segmented into pallet pooling and pallet rental. Pallet rental is expected to grow at a higher CAGR than pallet pooling during the forecast period from 2018 to 2030.
Product Definition:
A plastic pallet pool is a storage system for plastic pallets. Pallets are stored in racks and are retrieved as needed. The pallets are returned to the pool when they are no longer needed. This system allows companies to use fewer pallets and reduces the amount of waste produced by the company.
Pallet Pooling:
Pallet pooling is a technique of reducing the overall cost of pallets by sharing components and hardware among different units that use the pallet. It reduces manufacturing costs, inventory holding costs, and transport costs.
Pallet Rental:
Pallet rental is a service where the customer doesn’t need to own an entire pallet. They can choose any size or shape and get it delivered at their doorstep. The service also helps them in cutting down on storage space as they don’t have to keep a pallet full of products. It saves floor space, which is very important in retail stores and distribution centers where space is limited.
Application Insights:
The food and beverage industry was the largest application segment in 2017, accounting for a market share of over 30%. The growth can be attributed to increasing demand for packaged food products across the globe. Moreover, rising disposable income levels among people in developing countries including China and India is expected to have a positive impact on industry growth.
The pharmaceuticals segment is projected to witness significant growth over the forecast period owing to growing investments by companies including Pfizer and Johnson & Johnson in research and development activities. In addition, stringent government regulations regarding disposal of chemical waste are anticipated to boost industry expansion further.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising manufacturing activities in countries, such as China, India, Thailand, Vietnam and Indonesia. These activities have led to an increase in demand for industrial goods along with a rise in retail sales across these economies.
The European market is anticipated to grow at a significant rate over the forecast period owing to increasing investments by multinational companies for expanding their business operations within Europe itself as well as into other European countries such as Switzerland and Belgium. Moreover, growing trade relations between Asia Pacific economies including China and Australia are expected to positively impact regional growth during the forecast period.
Growth Factors:
- Increasing demand for plastic pallets from the packaging and automotive industries
- Proliferation of automated warehouses, which are more conducive to using plastic pallets
- Rising environmental awareness, which is prompting companies to seek more sustainable shipping solutions
- The increasing popularity of Just-In-Time (JIT) inventory management systems, which rely on pallet pools to ensure quick and efficient product delivery
- The growing trend of collaborative consumption, or "sharing economy," which is making it easier for businesses and consumers to access pooled resources
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Pallet Pooling Market Research Report
By Type
Pallet Pooling, Pallet Rental
By Application
FMCG, Pharmaceuticals, Electronics, Chemical and Petrochemical, Machinery Manufacturing Industry
By Companies
Brambles Limited, IGPS Logistics, Ongweoweh, ORBIS, Perfect Pallets, Kamps Pallets, Reusable Transport Packaging, RM2
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Pallet Pooling Market Report Segments:
The global Plastic Pallet Pooling market is segmented on the basis of:
Types
Pallet Pooling, Pallet Rental
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
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
- IGPS Logistics
- Ongweoweh
- ORBIS
- Perfect Pallets
- Kamps Pallets
- Reusable Transport Packaging
- RM2
Highlights of The Plastic 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:
- Pallet Pooling
- Pallet Rental
- By Application:
- FMCG
- Pharmaceuticals
- Electronics
- Chemical and Petrochemical
- Machinery Manufacturing Industry
- 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 Plastic 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Plastic pallet pooling is the accumulation of plastic waste on the ground or in water bodies. This can be caused by improper disposal of plastic materials, such as when plastics are not recycled properly.
Some of the major companies in the plastic pallet pooling market are Brambles Limited, IGPS Logistics, Ongweoweh, ORBIS, Perfect Pallets, Kamps Pallets, Reusable Transport Packaging, RM2.
The plastic 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 Plastic 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 Plastic Pallet Pooling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plastic 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 Plastic 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 Plastic Pallet Pooling Market Size & Forecast, 2020-2028
4.5.1 Plastic Pallet Pooling Market Size and Y-o-Y Growth
4.5.2 Plastic Pallet Pooling Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Pallet Pooling
5.2.2 Pallet Rental
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 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
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plastic 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 Plastic 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Pallet Pooling
9.6.2 Pallet Rental
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 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
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Pallet Pooling
10.6.2 Pallet Rental
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 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
10.11 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Pallet Pooling
11.6.2 Pallet Rental
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 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
11.11 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Pallet Pooling
12.6.2 Pallet Rental
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 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
12.11 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Pallet Pooling
13.6.2 Pallet Rental
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) 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
13.11 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 Plastic Pallet Pooling Market: Competitive Dashboard
14.2 Global Plastic Pallet Pooling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Brambles Limited
14.3.2 IGPS Logistics
14.3.3 Ongweoweh
14.3.4 ORBIS
14.3.5 Perfect Pallets
14.3.6 Kamps Pallets
14.3.7 Reusable Transport Packaging
14.3.8 RM2
