Corrugated Pallets Market

A pallet is a flat transport structure, which supports goods in a stable fashion while being lifted by a forklift, a pallet jack, a front loader, a jacking device, or a crane; sometimes, a pallet is inaccurately called a skid (which has no bottom deck boards). A pallet is the structural foundation of a unit load which allows handling and storage efficiencies. Goods or shipping containers are often placed on a pallet secured with strapping, stretch wrap or shrink wrap and shipped. Since its invention in the twentieth century, its use has dramatically supplanted older forms of crating like the wooden box and the wooden barrel, as it works well with modern packaging like corrugated boxes and intermodal containers commonly used for bulk shipping.

Corrugated pallets are a lightweight but highly durable alternative to wooden pallets. Made from heavy-duty corrugated cardboard, they are designed to withstand the demands of your entire supply chain. They also provide a solution to international export restrictions which cover the use of wooden pallets, such as ISPM15 (International Standards For Phytosanitary Measures).

Corrugated Pallets Market contains market size and forecasts of Corrugated Pallets in global, including the following market information:

Global Corrugated Pallets Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Corrugated Pallets Market Sales, 2017-2022, 2023-2028, (M Units)

Global top five Corrugated Pallets companies in 2021 (%)

The global Corrugated Pallets market was valued at 627.7 million in 2021 and is projected to reach US$ 811.2 million by 2028, at a CAGR of 3.7% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Less than 3 Layers Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Corrugated Pallets include DS Smith, Smurfit Kappa, Conitex Sonoco, PGS Group, Milwood, Kamps Pallets and The Corrugated Pallets Company, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Corrugated Pallets manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Corrugated Pallets Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Corrugated Pallets Market Segment Percentages, by Type, 2021 (%)

Less than 3 Layers

3-5 Layers

Others

Global Corrugated Pallets Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Corrugated Pallets Market Segment Percentages, by Application, 2021 (%)

FMCG and Food

Pharmaceutical Industrial

Electronic and Automotive

Others

Global Corrugated Pallets Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Corrugated Pallets Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Corrugated Pallets revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Corrugated Pallets revenues share in global market, 2021 (%)

Key companies Corrugated Pallets sales in global market, 2017-2022 (Estimated), (M Units)

Key companies Corrugated Pallets sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

DS Smith

Smurfit Kappa

Conitex Sonoco

PGS Group

Milwood

Kamps Pallets

The Corrugated Pallets Company