Global Plastic Pallets Market Size & Outlook, 2023-2030
Global plastic pallets market, 2018-2030 (US$M)
Related Markets
Global plastic pallets market highlights
- The global plastic pallets market generated a revenue of USD 7,626.3 million in 2023 and is expected to reach USD 11,195.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.6% by 2030.
- In terms of segment, high-density polyethylene accounted for a revenue of USD 5,207.6 million in 2023.
- Polypropylene is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 7,626.3 million |
| Market revenue in 2030 | USD 11,195.6 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | High-density polyethylene |
| Fastest growing segment | Polypropylene |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High-Density Polyethylene, Low-Density Polyethylene, Polypropylene |
Other key industry trends
- In terms of revenue, the North America accounted for 29.0% of the global plastic pallets market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 364.3 million by 2030.
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Plastic Pallets Market Scope
Plastic Pallets Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global plastic pallets market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plastic pallets market will help companies and investors design strategic landscapes.
High-density polyethylene was the largest segment with a revenue share of 68.28% in 2023. Horizon Databook has segmented the Global plastic pallets market based on high-density polyethylene, low-density polyethylene, polypropylene covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Plastic Pallets Material Outlook (Revenue, USD Million, 2018-2030)
- High-Density Polyethylene
- Low-Density Polyethylene
- Polypropylene
- Others
- Global Plastic Pallets Pallets Type Outlook (Revenue, USD Million, 2018-2030)
- Nestable
- Rackable
- Stackable
- Others
- Global Plastic Pallets Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Chemicals
- Pharmaceuticals
- Petroleum & Lubricants
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global plastic pallets market , including forecasts for subscribers. This global databook contains high-level insights into Global plastic pallets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global plastic pallets market size, by regions, 2018-2030 (US$M)
Top 10 countries: Plastic pallets market size, 2023 (US$M)
Global plastic pallets market share, by material, 2023 & 2030 (%, US$M)
Plastic pallets market: Opportunity assessment by country
Global plastic pallets market, by region, 2023 (US$M)
| Material | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,814.8 | 1,902.0 | 1,959.2 | 2,045.3 | 2,119.3 | 2,209.8 | 2,313.4 | 2,424.2 | 2,546.5 | 2,680.1 | 2,825.5 | 2,983.1 | 3,152.3 | 5.2% |
| Europe | 1,729.7 | 1,807.6 | 1,856.5 | 1,932.6 | 1,996.8 | 2,076.1 | 2,167.1 | 2,264.4 | 2,371.8 | 2,489.1 | 2,616.6 | 2,754.6 | 2,902.4 | 4.9% |
| Asia Pacific | 1,954.1 | 2,073.3 | 2,162.1 | 2,285.1 | 2,397.1 | 2,530.5 | 2,681.8 | 2,845.1 | 3,025.6 | 3,223.8 | 3,440.8 | 3,677.6 | 3,934.4 | 6.5% |
| Latin America | 250.6 | 264.5 | 274.5 | 288.6 | 301.2 | 316.4 | 333.6 | 352.1 | 372.6 | 395.0 | 419.4 | 446.0 | 474.7 | 6.0% |
| MEA | 394.2 | 415.4 | 430.3 | 451.7 | 470.7 | 493.5 | 519.5 | 547.4 | 578.2 | 612.0 | 648.7 | 688.7 | 731.8 | 5.8% |
| Overall | 6,143.4 | 6,462.9 | 6,682.6 | 7,003.4 | 7,285.1 | 7,626.3 | 8,015.3 | 8,433.3 | 8,894.6 | 9,400.0 | 9,951.0 | 10,550.0 | 11,195.6 | 5.6% |
Related regional statistics
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