Global plastic pallets market 2016-2020

In a new report analysts at Technavio say the global plastic pallets market was valued at around 146 million units in 2015 and is expected to surpass 205 million units by 2020. In terms of geographical analysis, APAC will be the fastest-growing region in the global market, reaching volumes of around 69 million units by 2020.
The extensive use of plastic pallets by the pharmaceutical, grocery and food and beverages industries will lead to the growth of the market during the forecast period. Factors like safety of product, hygienic conditions of pallets and elimination of risk of contaminants will boost the demand for these products (Press release Technavio, 14 October 2016).
Click here for the press release.
Click here for more information about the report.

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