Market Overview:
The global polyethylene plastic pallets 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 polyethylene plastic pallets from various end-use industries, such as food & beverages, chemicals, pharmaceuticals, petroleum & lubricants and others. In terms of type, the high density polyethylene segment is expected to dominate the global market during the forecast period owing to its superior properties such as durability and strength. In terms of region, North America is expected to lead the global market during the forecast period due to rising demand for polyethylene plastic pallets from various end-use industries in this region.
Product Definition:
Polyethylene Plastic Pallets are pallets made of Polyethylene, a type of plastic. They are often used for shipping and storing goods, as they are durable and lightweight.
High Density Polyethylene:
High-density polyethylene (HDPE) is a widely used plastic for pallets. It has the ability to be molded into various shapes and sizes, making it suitable for use in industrial applications. The growth factor that propels the demand for HDPE pallets is its cost effectiveness as compared to other materials such as wood, concrete blocks or steel; which are generally used as a base material for pallet production.
Low Density Polyethylene:
Low Density Polyethylene (LDPE) is a form of polyethylene and it is one of the low-cost, lightweight, and widely used plastic in the world. It offers several beneficial properties such as high chemical resistance, excellent toughness & strength at low temperatures, transparency & glossiness (for higher clarity), ease of processing (including injection molding), good electrical insulation and dimensional stability in dry conditions.
Application Insights:
The food and beverages segment accounted for the largest revenue share of over 30.0% in 2017. The rising demand for packaged foods, especially in the emerging economies including China, India and Brazil is expected to have a positive impact on market growth over the forecast period. Polyethylene plastic pallets are widely used in warehouses and distribution centers of supermarkets, hypermarkets and departmental stores to load & unload trucks efficiently while protecting products from damage during transportation or storage.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of the total global consumption of polyethylene plastic pallets. China, India, Thailand, South Korea, and Taiwan are some of the major consumers in this region owing to high product penetration in domestic markets coupled with growing demand from end-use industries such as food & beverages and chemicals & petrochemicals.
The growth of e-commerce companies has led to an increase in online shipments across Asia Pacific countries such as China and India which is anticipated to drive regional market growth over the forecast period. Increasing foreign direct investments by western countries have resulted into improved infrastructure facilities leading to increased trade activities between Asia Pacific nations thus driving industry expansion opportunities for Polyethylene Plastic Pallets (PEPP) manufacturers across various sectors including construction materials; automotive components; packaging material; machinery etc., thereby boosting industry size estimates over a projected time frame.
Growth Factors:
- Increasing demand from end-use industries: The polyethylene plastic pallets market is witnessing a rise in demand from the end-use industries, owing to the benefits offered by these pallets over traditional wooden pallets. This is driving the growth of the market.
- Growing popularity of lightweight pallets: Polyethylene plastic pallets are lightweight and hence can be easily transported and handled, which is resulting in their growing popularity among various end-use industries.
- Rising concerns over environmental pollution: The use of traditional wooden pallets leads to environmental pollution as a large number of trees need to be cut down for manufacturing them. On the other hand, polyethylene plasticpallets do not require any wood and are thus environment-friendly, which is propelling their adoption across various sectors.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyethylene Plastic Pallets Market Research Report
By Type
High Density Polyethylene, Low Density Polyethylene
By Application
Food & Beverages, Chemicals, Pharmaceuticals, Petroleum & Lubricants, Others
By Companies
Orbis Corporation, Rehrig Pacific Company, Monoflo International, CABKA Group, Greystone Logistics, TMF Corporation, Allied Plastics, Perfect Pallets, Polymer Solutions International
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Polyethylene Plastic Pallets Market Report Segments:
The global Polyethylene Plastic Pallets market is segmented on the basis of:
Types
High Density Polyethylene, Low Density Polyethylene
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
Food & Beverages, Chemicals, Pharmaceuticals, Petroleum & Lubricants, 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:
- Orbis Corporation
- Rehrig Pacific Company
- Monoflo International
- CABKA Group
- Greystone Logistics
- TMF Corporation
- Allied Plastics
- Perfect Pallets
- Polymer Solutions International
Highlights of The Polyethylene Plastic Pallets 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:
- High Density Polyethylene
- Low Density Polyethylene
- By Application:
- Food & Beverages
- Chemicals
- Pharmaceuticals
- Petroleum & Lubricants
- 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 Polyethylene Plastic Pallets 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?
Polyethylene plastic pallets are made from a type of plastic that is strong and durable. They are often used to store items such as food, clothing, or furniture.
Some of the major companies in the polyethylene plastic pallets market are Orbis Corporation, Rehrig Pacific Company, Monoflo International, CABKA Group, Greystone Logistics, TMF Corporation, Allied Plastics, Perfect Pallets, Polymer Solutions International.
The polyethylene plastic pallets 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 Polyethylene Plastic Pallets 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 Polyethylene Plastic Pallets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyethylene Plastic Pallets 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 Polyethylene Plastic Pallets 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 Polyethylene Plastic Pallets Market Size & Forecast, 2018-2028
4.5.1 Polyethylene Plastic Pallets Market Size and Y-o-Y Growth
4.5.2 Polyethylene Plastic Pallets Market Absolute $ Opportunity
Chapter 5 Global Polyethylene Plastic Pallets 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 Polyethylene Plastic Pallets Market Size Forecast by Type
5.2.1 High Density Polyethylene
5.2.2 Low Density Polyethylene
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyethylene Plastic Pallets 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 Polyethylene Plastic Pallets Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Chemicals
6.2.3 Pharmaceuticals
6.2.4 Petroleum & Lubricants
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyethylene Plastic Pallets 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 Polyethylene Plastic Pallets 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 Polyethylene Plastic Pallets Analysis and Forecast
9.1 Introduction
9.2 North America Polyethylene Plastic Pallets 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 Polyethylene Plastic Pallets Market Size Forecast by Type
9.6.1 High Density Polyethylene
9.6.2 Low Density Polyethylene
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 Polyethylene Plastic Pallets Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Chemicals
9.10.3 Pharmaceuticals
9.10.4 Petroleum & Lubricants
9.10.5 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 Polyethylene Plastic Pallets Analysis and Forecast
10.1 Introduction
10.2 Europe Polyethylene Plastic Pallets 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 Polyethylene Plastic Pallets Market Size Forecast by Type
10.6.1 High Density Polyethylene
10.6.2 Low Density Polyethylene
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 Polyethylene Plastic Pallets Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Chemicals
10.10.3 Pharmaceuticals
10.10.4 Petroleum & Lubricants
10.10.5 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 Polyethylene Plastic Pallets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyethylene Plastic Pallets 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 Polyethylene Plastic Pallets Market Size Forecast by Type
11.6.1 High Density Polyethylene
11.6.2 Low Density Polyethylene
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 Polyethylene Plastic Pallets Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Chemicals
11.10.3 Pharmaceuticals
11.10.4 Petroleum & Lubricants
11.10.5 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 Polyethylene Plastic Pallets Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyethylene Plastic Pallets 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 Polyethylene Plastic Pallets Market Size Forecast by Type
12.6.1 High Density Polyethylene
12.6.2 Low Density Polyethylene
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 Polyethylene Plastic Pallets Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Chemicals
12.10.3 Pharmaceuticals
12.10.4 Petroleum & Lubricants
12.10.5 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) Polyethylene Plastic Pallets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyethylene Plastic Pallets 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) Polyethylene Plastic Pallets Market Size Forecast by Type
13.6.1 High Density Polyethylene
13.6.2 Low Density Polyethylene
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) Polyethylene Plastic Pallets Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Chemicals
13.10.3 Pharmaceuticals
13.10.4 Petroleum & Lubricants
13.10.5 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 Polyethylene Plastic Pallets Market: Competitive Dashboard
14.2 Global Polyethylene Plastic Pallets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Orbis Corporation
14.3.2 Rehrig Pacific Company
14.3.3 Monoflo International
14.3.4 CABKA Group
14.3.5 Greystone Logistics
14.3.6 TMF Corporation
14.3.7 Allied Plastics
14.3.8 Perfect Pallets
14.3.9 Polymer Solutions International
