Pallet Pooling Market Research Report, Size, Industry Forecast Analysis

A pallet pooling company manages pallets for pallet user. Instead of buying own supply of pallets, pallet user rent them from a shared pool. The pallet pooling company ensures that a supply of pallets in good repair and ready for use arrives at pallet user's facilities when they need them. A pallet pooling service provider takes care of the reverse logistics throughout the supply chain needed to recover these pallets for reuse by pallet user.

Due to cost and a need to focus on core business, pallet pooling becomes more and more common. Some pallet suppliers supply users with reusable pallets, sometimes with integral tracking devices. A pallet management company can help supply, clean, repair, and reuse pallets.

The global Pallet Pooling market was valued at US$ 9043.1 million in 2023 and is anticipated to reach US$ 13210 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.

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Global key players of Pallet Pooling include Brambles Limited, Euro Pool Group, Faber Halbertsma Groep B.V, JPR and Korea Pallet Pool, etc. Top five players occupy for a share about 69%. North America is the largest market, with a share about 45%, followed by Asia-Pacific and Europe. In terms of product, Pallet Pooling is the largest segment, with a share over 81%. In terms of application, FMCG is the largest market, with a share over 38%.

This report aims to provide a comprehensive presentation of the global market for Pallet Pooling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pallet Pooling.

The market for pallet pooling is propelled by the increasing need for economical and successful supply chain management solutions. Pallet pooling lowers total logistics costs by enabling businesses to share and reuse pallets, which eliminates the need to buy new pallets. This technology also guarantees a steady supply of superior pallets, which improves operating efficiency.

Pallet pooling is becoming more popular because of its advantages for the environment. The pooling method lessens waste and the carbon footprint related to pallet manufacture and disposal by encouraging pallet reuse and recycling. Pallet sharing is becoming more and more popular among businesses as a way to satisfy legal obligations and achieve sustainability objectives.

By Company
Brambles Limited
Euro Pool Group
Faber Halbertsma Groep B.V
JPR
Korea Pallet Pool
Tosca Services, LLC
IGPS Logistics LLC
PECO Pallet
Demes Logistics GmbH
Logtek
PPS Midlands

By Type
Pallet Pooling
Pallet Rental

By Application
FMCG
Pharmaceuticals
Electronics
Chemical and Petrochemical
Machinery Manufacturing

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