Global Pallet Container Market 2017-2021

Overview of the global pallet container market

Technavio’s research analysis on the global pallet container market identifies that the demand from the warehouse and logistics industry will be one of the major factors that will have a positive impact on the growth of the market. The rising demand from the e-commerce sector and increasing economic activities is resulting in the growth in the logistics sector. The key end-users of pallet containers include the pharmaceutical, grocery, retail, and automotive industries. These end-users extensively rely on the logistics industry because they require heavy duty pallet containers to export their goods to various warehouses and distribution centers. Furthermore, the adoption rate of stackable pallet bins is high in comparison to the general pallets because they are used to carry heavy loads and weight between 10 tons- 15 tons. Technavio’s market research analysts predict that this global market will register a revenue of more than USD 1 billion by 2021.

The increasing innovations in the packaging design of the pallet containers is identified as one of the key trends that will stimulate growth in the global pallet container market during the forecasted period. This in turn, improves the material handling activities such as the storage and transportation in the supply chain. Furthermore, vendors are encouraged to invest in research and developmental activities to develop advanced products in terms of product safety, improved design, improved ergonomics, and recyclability due to the declining logistics costs.

Competitive landscape and key vendors

The pallet container market is moderately fragmented and characterized by the presence of many players from the small family-owned businesses. Vendors in market are trying to sustain in the competitive environment of the market by offering customized pallet bulk pallets. These products are developed to meet the distinct requirements of their customers.

Key vendors in this market are -

• AUER Packaging
• Brambles
• CABKA Group
• Olitec Packaging Solutions
• Schoeller Allibert

Other prominent vendors in the market include 1LOGISTICS ZURALSKI, Newgen Speciality Plastics, ORBIS, Plastic Pallet and Container, PRIECO, TranPak, and Wanzl

Segmentation by geography and analysis of the pallet container market

• Americas
• APAC
• EMEA

The pallet container market is witnessing growth in the Americas due to the revamping of the manufacturing sector and growth of the e-commerce industry. The market will continue to grow throughout the predicted period due to the revamping of the housing and construction industry and an increase in the industrial exports and output.

Growth drivers, challenges, and upcoming trends: Integration of IT solutions in the pallet containers

The food and beverage, manufacturing, retail, and pharmaceutical industries are adopting smart labeling technologies and other IT solutions to boost efficiency in different stages of the supply chain. For instance, Aucxis developed RFID solution to enable real-time tracking of pallet stacker containers stored in the cold storage.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global pallet container market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global pallet container market?
• What are the key market trends impacting the growth of the global pallet container market?
• What are the challenges to market growth?
• Who are the key vendors in the global pallet container market?
• What are the market opportunities and threats faced by the vendors in the global pallet container market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global pallet container market?

Technavio also offers customization on reports based on specific client requirement.