World market for pallets 2016 – 2020
In a new report the market research analysts at Technavio predict the global pallet market to grow at a CAGR of almost 5% between 2016 and 2020. The growth in manufacturing sector and the resultant need to transport materials, including exports, will propel the demand for pallets during the forecast period. The Americas is expected to dominate the global pallet market in 2020 by accounting for a market share of almost 45%.
The key vendors in the market include Brambles, LOSCAM, ORBIS, Rehrig Pacific, and Schoeller Allibert. This market also consists of pallet manufacturers, pallet recycling specialists, pallet management companies, and pallet-pooling firms.
Click here for more information about the report.
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