Global pallet market 2017-2025

According to a new market report by Persistence Market Research (PMR), the global pallet market, which is currently valued at over US$ 47,337 Mn is expected to register a CAGR of 5.4% between 2017 and 2025 to reach a valuation of US$ 76,067.2 Mn. During the forecast period, the market will be primarily driven by increasing global standards of goods transportation operations that is necessitating the adoption of pallets to a significant extent.
The report projects that growth of the retail and automotive sectors in regions such as Asia Pacific and Latin America is likely to boost the growth of the market over the next couple of years (Press release PMR, 29 June 2017).
Click here for the press release.
Click here for more information about the report.

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