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Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Global Pallet Market Outlook:
Industry Insights & Opportunity Evaluation,
2015-2021
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India Pallet Market Overview
Pallet is flat base structure used for goods stacked atop it
for transport and shipping purpose. Pallet facilitates the
transportation of goods and containers in a stable manner
by providing support while moving the goods from one
place to another and can be elevated by forklifts, jacking
devices pallet jacks and front loaders.
Increased consumerism on the back of expanded personal
disposable income across the globe has allowed the Indian
pallet market to reach new heights. Global pallet market is
anticipated to grow at a compound annual growth rate
(CAGR) of 5.24% over the period 2015-2021.
Market Segmentation
By Product
On the basis of product type, India pallet market can be
segmented into:
Plastic Pallets
Corrugated cardboard Pallets
Wood Pallets
Metal Pallets
Lightweight plywood pallet
Press wood pallet
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By Application
On the basis of application, India pallet market is
classified as follows:
Glossary Manufacturing
Chemical
Food & Beverage
Packaging
Automobile
Retail
Cement
Dairy
By Shape and Size
On the basis of shape and size, India pallet market is
classified as follows:
Two-way Pallets
Four-way Pallets
Open Pallets
Closed-boarded Pallets
Wing Pallets
Reversible Pallets
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By Usage
On the basis of usage, India pallet market is classified as
follows:
New pallet
Used pallet
Recycle pallet
Heat treated pallet
Growth Drivers and challenges
Increased demand from the user industry, up-surged
economic activity, positive business sentiments and rising
investment in the manufacturing and infrastructure
facilities are the major growth drivers for India pallet
market in the upcoming years.
In addition to that, escalating demand from packaging and
automobile industry is yet another factor to act as a growth
driver for the India pallet market in coming future.
The limited availability of raw material and high cost of
raw material are the two major challenges for the India
pallet market.
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Market Size and Forecast
Indian packaging industry is anticipated to grow by USD
29.33 Billion in the year 2021. Growing in the packaging
industry is likely to escalate the demand of pallets used in
this industry over the period of 2015-2021.
Indian industrial production was increased by 4% from
2014 to 2015. Rising industrial production will shoot up
the demand for India pallet market in the forecasted
period.
Key players
Totre Packaging
Spruce Impex Pvt Ltd.
Gee Enterprises
Spanco Enterprises
Pilco Storage Systems Private Limited
Swift Technoplast Private Limited
Dura Plast
Global Thermoformers
Ajooni Storage System
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Year on Year Growth
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Segmentation
By Product Type
By Application
By Size And Shape
By Usage
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment
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To know more about this research, visit:
http://www.researchnester.com/reports/global-pallet-
market-analysis-opportunity-outlook-2021/118
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