Global Corrugated Pallets Market Report, History and Forecast 2016-2027, Breakdown Data by Manufacturers, Key Regions, Types and Application

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).
Global Corrugated Pallets key players include DS Smith, Conitex Sonoco, Milwood, Kamps Pallets, etc. Global top four manufacturers hold a share nearly 40%.
Europe is the largest market, with a share about 40%, followed by China, and North America, both have a share over 45 percent.
In terms of product, 3-5 Layers is the largest segment, with a share over 45%. And in terms of application, the largest application is FMCG and Food, followed by Pharmaceutical Industrial, Electronic and Automotive, etc.

Market Analysis and Insights: Global Corrugated Pallets Market
In 2020, the global Corrugated Pallets market size was US$ 590 million and it is expected to reach US$ 767.4 million by the end of 2027, with a CAGR of 3.9% between 2021 and 2027
Global Corrugated Pallets Scope and Market Size
The global Corrugated Pallets market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Corrugated Pallets market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.


Segment by Type
Less than 3 Layers
3-5 Layers
Others


Segment by Application
FMCG and Food
Pharmaceutical Industrial
Electronic and Automotive
Others


By Company
DS Smith
Smurfit Kappa
Conitex Sonoco
PGS Group
Milwood
Kamps Pallets
The Corrugated Pallets Company


By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE