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Pallet Pooling (Rental) Market to Witness Comprehensive Growth by 2027

11-02-2017 11:14 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Pallet Pooling (Rental) Market to Witness Comprehensive Growth

According to a new report by Future Market Insights, the global pallet pooling (rental) market is expected to grow at 6.6% CAGR through 2027. Demand for pallet pooling (rental) is growing steadily, owing to their higher durability. Further, the high cost associated with repair, management, and storage of pallets is influencing companies to opt for rental pallet pooling.

The key trends influencing the global pallet pooling (rental) market are: An increasing demand is being witnessed for pallets that meet hygiene requirements and offer mechanical performance.Adoption of radio frequency identification (RFID) tags is increasing among end-users owing to its advantage of tracking the pallets throughout the supply chain.

Browse Full Report@ https://www.futuremarketinsights.com/reports/pallet-pooling-market

North America remains the largest region for pallet pooling (rental) accounting for 38% revenue share of the market. In terms of revenue, the North America pallet pooling (rental) market is projected to grow at 6.7% CAGR through 2027. Western Europe is the second largest market, accounting for 23.5% revenue share. Future Market Insights estimates these two regions to remain dominant throughout the forecast period.

View Full Report TOC @ https://www.futuremarketinsights.com/reports/pallet-pooling-market/toc

The key companies profiled by Future Market Insights in its report are iGPS Logistics LLC, Loscam Australia Pvt. Ltd., Brambles Limited, Euro Pool Group, and Faber Halbertsma Groep B.V. According to Future Market Insights’ competitive landscape analysis, Tier 2 companies account for 43% to 48% market share.

Checkout page https://www.futuremarketinsights.com/checkout/3671

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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Future Market Insights
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Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website :www.futuremarketinsights.com

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