Global pallet packaging market is anticipated to grow at a considerable CAGR of 6.0% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing sustainability concerns for protecting environments. Increased environmental awareness has bolstered efforts to limit air, water, and soil pollution, which in turn pushed manufacturers to invest in sustainable products and make pallets out of recycled products. Eco-friendly and renewable materials like recycled wood, bamboo, plastic, and composite materials are becoming more and more popular among manufacturers and consumers when it comes to pallets. Pallets that are recyclable and reusable are becoming common, which is consistent with supply chains' increased emphasis on sustainability. Manufacturers of pallets are investing in cutting-edge designs that provide pallet solutions that are both robust and lightweight. Lightweight pallets can support loads while lowering transportation expenses and improving material handling effectiveness. For instance, in January 2024, IFCO, the leading provider of Reusable Packaging Containers (RPCs), announced the launch of Dora, a revolutionary reusable plastic pallet, across Europe. Dora fits seamlessly into existing fresh grocery supply chain operations, which secures long-term higher logistics efficiency and sustainability gains for suppliers and retailers alike. It is over 25.0% lighter than conventional wood pallets, transportation costs are significantly reduced.

In June 2023, Spring GDS announced the new orange pallet box which provides a zero-waste alternative to the carton or wood materials in the network. The orange pallet box is a strong, foldable storage unit made of 100.0% recyclable materials with an average lifespan of between 7-10 years. It delivers products more safely and ergonomically than single-use traditional packaging, and also helps to reduce emissions. The convergence of consumer preferences, government regulations, and the push for a circular economy is creating a fertile ground for investment in the global pallet packaging market

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-

By Type
By Material Type
By End-User
Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Brambles Limited, Cabka Group GmbH, DS Smith, SchoellerAllibert, and PECO Pallet, Inc., among others.

Pallet Packaging Market Report Segment

By Type

Pallet Boxes
Pallet Hooding
Stretch Wrapping
Shrink Wrapping
Strapping
By Material Type

Corrugated cardboard
Composite wood
Wood
Metal
Plastic
Paper
By End-User

Automotive
Chemicals
Consumer Goods
Food and Beverages
Pharmaceuticals
Retail and E-commerce
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Pallet Packaging Market Report Segment by Region

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Latin America
Middle East and Africa
Company Profiles

Cabka Group GmbH
Craemer GmbH
Green Label Packaging
IFCO Management GmbH
Kamps Pallets, Inc.
KraftPal Technologies Ltd.
LITCO INTERNATIONAL, INC.
Loscam International Holdings Co., Ltd.
Millwood, Inc.
ORBIS Corp.
PECO Pallet, Inc.
PalletOne Inc.
Packprofil Sp. z o.o.
Rehrig Pacific Co.
Schoeller Allibert Services BV
TranPak Inc.
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