In 2019, the global Pallets market was estimated at 5,269 million units and is expected to grow to 6,735 million units in 2026 with a growth rate of 5.8% over this period. Asia Pacific is the most significant revenue contributor in the global pallets market, accounting for 34.9% of the market in 2019. The region is expected to witness significant developments in the pallets market. This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the materials, applications, and regions. The global market data on pallets can be segmented by materials: corrugated & molded pulp, metal, plastic, and wood. The wood segment held the largest market share in 2019. However, the plastic segment is expected to witness the highest CAGR during the forecast period. Pallets market is further segmented by applications: construction, manufacturing, warehousing, and others. In 2019, the manufacturing segment held the largest share of the market and is anticipated to register the highest CAGR during 2020–2026.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globallyDownload Sample
The study provides historical market data (2016-2019) and forecasts from 2020 till 2026. The market size and estimations are provided in terms of volume (million units) considering 2019 as base year and market forecast will be given from 2020 to 2026. The data-centric report focuses on market trends, status and outlook for segments, and future growth. With comprehensive market assessment across the major geographies such as Asia Pacific, Eastern Europe, Middle East and Africa (MEA), North America, South America, and Western Europe the report is a valuable asset for the existing players, new entrants and the future investors. Why buy this report? - Get a detailed picture of the Global Pallets Market - Identify segments/areas to invest in over the forecast period in the Global Pallets Market - Understand the competitive environment, the market’s leading players