Analysis of Pallet Container Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The global pallet container market is worth US$ 1.1 billion in 2023. Demand for pallet containers is expected to reach a market valuation of US$ 1.7 billion by 2033-end, increasing at a CAGR of 5.1%.
Pallet boxes are also known as gaylord boxes. These are helpful to reduce the overall cost of transportation and shipping. Manufacturers can pack various items and further make the process to transport products at economical prices and with convenience.
Pallets are flat wooden structures that provide support to the stacks of heavy goods that are placed on them. Further, the rigid structure of containers makes transportation and movement of unit loads comparatively easier with forklifts.
There are some pivotal features of pallet boxes, including packaging different products into shipping containers without any wastage of space. These containers can be stacked and help to save space in the warehouse. For flat-pack storage, these containers can be collapsed easily and are ideal to protect larger unboxed items during the transition process.
Pallet boxes are being used at an increased rate to protect larger boxes that are unboxed during transportation. There has been a noticeable increase in the application of plastic pallet boxes that are more compatible and lighter compared to wooden or metal pallet boxes. These boxes find application in agriculture and some other industries due to their easy-handling features. These factors are further predicted to stimulate their use across different industries.
As part of the combined storage solution, these pallet containers are sold with collapsible pallets. There are a few instances when the container is designed to collapse. These types of pallet containers are useful for little rooms with the purpose to save space. Collapsible designs are expensive as well as durable. These are readily available in the market as per the requirements of different end users.
Market Size (2023)
US$ 1.1 Billion
Expected Market Value (2033)
US$ 1.7 Billion
Projected Growth Rate of Market (2023-2033)
Canada Market Growth Rate (2023-2033)
Germany Market Growth Rate (2023-2033)
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“Growing Use of Plastic Pallet Boxes as Bulk Packaging Solutions”
The rising use of crates, plastic boxes, and other containers as options for bulk packaging for numerous fresh produce is likely to contribute to their demand. The agricultural industry is one of the key users of pallet containers and pallet inverters during the post-harvest period, warehousing, and transportation of fruits & vegetables, food grains, etc.
Compared to metal or wooden boxes & containers, plastic boxes are compatible and lighter that further stimulating their demand in agriculture and some other related applications.
Conventional wooden boxes have the risk to dry agricultural products as they are open. On the other hand, plastic boxes decrease the chance to dry fresh produce as they can be packed appropriately. Among the manufacturers of processed food, plastic pallet boxes find significant application.
Plastic pallet boxes come with better handling owing to the smooth surface and easy cleaning features and thus form a way to store chemicals and other products.
“Increased Use of Pallet Boxes for Transportation Purposes”
The pallet boxes help to reduce the overall cost of transportation of different products. Manufacturers pack different items and can ultimately make it cheaper and easier to transport multiple products. Pallet boxes might save space in the warehouse, can be stacked, and ensure the shipping of containers without space wastage.
These containers are collapsible in case of not in use. Furthermore, these solutions are ideal to protect larger unboxed items that are in transit.
“Increasing Price of Lumber Impacting Overall Cost of Pallet Containers”
Demand for pallet containers and pallet jacks is changing with a steady rise in the price of lumbers as they are used in their manufacturing process. Growing demand for lumber is projected to increase the cost of pallet containers. The logging of lumber is becoming more difficult due to constant changes in the weather conditions that are putting a direct impact on the demand for pallet containers.
Key regions that harvest lumber have longer winters compared to previous years and experienced greater snowfall. These adverse weather conditions can leave lumper damp instead of frozen while making the harvest more strenuous and time-consuming. Furthermore, it becomes difficult for manufacturers to meet delivery deadlines due to these extreme weather conditions.
However, the relationship between demand and supply can be stabilized with increasing efforts from manufacturers to produce reusable pallets.
“Adoption of World-Class Supply Chain Technology Will Generate Lucrative Opportunities”
New entrants are adopting some advanced advertisement and publicity strategies to create novel growth opportunities in the market for container handling equipment.
The bridge helps online retailers reduce costs, ensure a high-quality customer experience, and reduce operational complexity.
“Rapidly Rising Use of Pallet Packaging for Shipping of Various Items in Asia Pacific”
The Asia Pacific market is estimated to hold a dominating position in the global market owing to the growing use of pallet packaging solutions to handle as well as ship a lot of products. In addition, diverse disposable products are produced at the mass level in India which also contribute to regional growth.
Further, the market in the North American region is estimated to observe significant growth due to the advanced production techniques that are used to manufacture wooden and plastic containers in the regional countries.
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“Italy and Germany Likely to Contribute Higher Share in Regional Industry”
Italy holds more than 17% of the share of the Western Europe market in 2022. The European chemical industry, as per the data provided by the European Chemical Industry Council, is a wealth-generating sector of the economy. The region is a key contributor to building sustainable pallet containers.
The market in Germany is expected to advance at a CAGR of 3.5% through 2033. Moreover, the sales value of the market in Italy is more than US$ 57 million currently.
“Rapid Expansion of U.S. Automotive Industry”
Sales valuation of the U.S. market was more than US$ 256 million in the year 2022 due to rapid growth in the automotive industry, making it the leading market in the North American region. The market in Canada is anticipated to expand at a CAGR of 4.2% through 2033.
“Japan Leads Asia Pacific Pallet Container Market”
The market in Japan leads and is predicted to advance at a CAGR of 2.7% through 2033 because of the growing use of pallet packaging solutions to ship different products.
“Increasing Global Acceptance of Block Pallet Containers”
The pallet container market is divided into block, stringer, and customized based on type. Among these, block pallets are projected to dominate the global market due to their rising acceptance across different parts of the world. However, the conventional block pallet type is the preferred structural design among market options.
“Rising Use of Pallet Containers in Food & Beverage Sector”
Based on end use, the market is classified into agriculture & allied industries, building & construction, chemicals & pharmaceuticals, food & beverages, engineering products, textiles & handicrafts, automotive, and others. Among these, food & beverages is expected to hold the largest share of the market. Dairies, bakeries, and various other points are the key consumers of pallet containers.
The resistance of these containers to bacterial, chemical, and other contamination forms is further estimated to contribute to market growth.
“Plastic Pallet Containers Gaining Traction Owing to Convenience in Application”
The global market is segmented into wooden, plastic, metal, and paper based on material type. Among these, pallet containers that are made of plastic materials are leading in the global market due to their convenience in operation.
Metal containers are also gaining traction in the global market due to their long-term durability.
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Key manufacturers in the pallet box market are concentrating on increasing their production capacity to match the rising demand for these boxes. In addition, market players are increasing their portfolios to cater to rising product demand.
Prominent suppliers of pallet containers are 1LOGISTICS ZURALSKI, ArcaBox, Brambles Limited, Nelsons for Cartons and Packaging, Orbis OY, Plastic Pallet and Container, Inc., Schoeller Allibert Services B.V., and Warzl India Pvt. Ltd.
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The global pallet container market is valued at US$ 1.1 billion in 2023.
Worldwide demand for pallet containers is predicted to reach a market valuation of US$ 1.7 billion by 2033.
Worldwide sales of pallet containers are likely to advance at a CAGR of 5.1% through 2033.
The market in Germany is set to expand at a CAGR of 3.5% through 2033.
The market in Canada is predicted to progress at a CAGR of 4.2% over the decade.
Key manufacturers of pallet containers are 1LOGISTICS ZURALSKI, ArcaBox, Brambles Limited, Nelsons for Cartons and Packaging, Orbis OY, Plastic Pallet and Container, Inc., Schoeller Allibert Services B.V., and Warzl India Pvt. Ltd.
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