Press release
Paper Pallet Market Size (Value and Volume) by Key Players, Type, Application, and Region, 2019-2025
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 was 620 million US$ in 2018 and is expected to 710 million US$ by the end of 2025, growing at a CAGR of 2.0% between 2019 and 2025.
This report studies the Paper Pallet market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Paper Pallet in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
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
By the product type, the market is primarily split into
Corrugated Pallet
Honeycomb Pallet
Other
By the end users/application, this report covers the following segments
Food & Beverage
Electronics & Home Appliance
Consumer Good
Pharmaceutical Industry
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