Press release
Paper Pallet Market to Witness Robust Expansion by 2024– Top Key players like Corrugated Pallets,Smurfit Kappa,Erdie Industries,Inc.
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Unlike traditional wood or plastic pallets, paper pallets are made from paper board or molded paper pulp and light weighted. Many are configured with holes built into the sides, which allows forklifts and other hoisting devices to easily load goods into or out of a truck or warehouse.
The paper pallet industry is a small part (below 10%) of the total pallets market in the world at present. As we know, wooden pallet is still the most mainly used type around the world, and there are some pallets made from plastic and metal, etc.
Europe is the largest consumption area of paper pallet in the world in the past few years and it will keep the same position in the next few years. The Europe market took up about 32.44% in the global market in 2018. North America is the second largest consumption region with the share of about 29.81%. Regions like China, Japan, India and Southeast Asia countries will grow fast in the forecast period.
The global Paper Pallet market is valued at 620 million US$ in 2018 is expected to reach 710 million US$ by the end of 2025, growing at a CAGR of 2.0% during 2019-2025.
Market Segment by Manufacturers, this report covers
Corrugated Pallets
Smurfit Kappa
Erdie Industries
Sonoco
Conitex Sonoco
Forlit
Yiqiang
GL Packaging
Hongxingtai
Yiheyi Packaging
Cortek Inc.
Shenzhen Dongheng
Kaily Packaging
Rebul Packaging
Elsons International
Tai Hing Cheung
Tri-Wall
Corrupal
Honey Shield
Triple A Containers
AXIS VERSATILE
SINCT
Alternative Pallet
Market Segment by Type, covers
Corrugated Pallet
Honeycomb Pallet
Other
Market Segment by Applications, can be divided into
Food & Beverage
Electronics & Home Appliance
Consumer Good
Pharmaceutical Industry
Other
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https://www.marketresearchreportstore.com/reports/388956/global-paper-pallet-market
Related Information:
North America Paper Pallet Market Growth 2019-2024
United States Paper Pallet Market Growth 2019-2024
Asia-Pacific Paper Pallet Market Growth 2019-2024
Europe Paper Pallet Market Growth 2019-2024
EMEA Paper Pallet Market Growth 2019-2024
Global Paper Pallet Market Growth 2019-2024
China Paper Pallet Market Growth 2019-2024
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