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(Transportation-News.com, September 15, 2016 ) A pallet is a flat panel that serves as a base for storing and transporting raw materials and finished products. It is designed to be lifted by forklifts and pallet jacks. The majority of pallets are made from wood, but pallets made of plastic, metal, and corrugated paper are also available. The use of palletized storage and transportation is one of the key considerations in modern logistics as it enables operational efficiency in terms of material handling. With the growing need for safe, efficient, and easier transportation solutions, pallet market will benefit significantly from this requirement for safer transportation of the goods, especially for end user industries like dairy, cement, retail, chemical, automobile, food and beverage.
Publisher's analysts forecast the global pallet market to grow at a CAGR of 4.90% during the period 2016-2020. For more information about this report: http://www.reportsweb.com/global-pallet-market-2016-2020 Covered in this report The report covers the present scenario and the growth prospects of the global pallet market for 2016-2020. To calculate the market size, Publisher considers only the new pallets produced in the industry for the market size and forecast.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global Pallet Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Brambles - LOSCAM - ORBIS - Rehrig Pacific - Schoeller Allibert
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Other prominent vendors - Buckhorn - CABKA Group - The Corrugated Pallets - Craemer Holding - Euro Pool System International - Faber Halbertsma Group - Falkenhahn - Greystone Logistics - HTR Paletten-Service - INKA Paletten - Jinyuan Group Wuhu Zhongshan Wood Packing - Kamps Pallets - Litco International - Millwood - PalletOne - PECO Pallet - Prioridades Ecológicas - RM2 International - Tianjin CIMC Logistics Equipment
Market driver - Increase in manufacturing output - For a full, detailed list, view our report
Market challenge - Limited availability and high cost of raw materials - For a full, detailed list, view our report
Market trend - Vertical integration by companies - For a full, detailed list, view our report
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