Brazil Plastic Pallets Market Size & Outlook, 2023-2030
Brazil plastic pallets market, 2018-2030 (US$M)
Related Markets
Brazil plastic pallets market highlights
- The Brazil plastic pallets market generated a revenue of USD 148.7 million in 2023 and is expected to reach USD 227.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, high-density polyethylene was the largest revenue generating material in 2023.
- Polypropylene is the most lucrative material segment registering the fastest growth during the forecast period.
Plastic pallets market data book summary
| Market revenue in 2023 | USD 148.7 million |
| Market revenue in 2030 | USD 227.1 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | High-density polyethylene |
| Fastest growing segment | Polypropylene |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High-Density Polyethylene, Low-Density Polyethylene, Polypropylene |
| Key market players worldwide | Allstate Corp, Cabka, ORBIS Corp., Rehrig Pacific Company, Monoflo International, Polymer Solutions International, Perfect Pallets, TranPak |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.0% of the global plastic pallets market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil plastic pallets market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 227.1 million by 2030.
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Plastic Pallets Market Scope
Plastic Pallets Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 68.8% in 2023. Horizon Databook has segmented the Brazil plastic pallets market based on high-density polyethylene, low-density polyethylene, polypropylene covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil has finally started showing interest in reusable and green packaging in line with demand for the packaging solutions from businesses and consumers. Increasing investments from global automakers in the country have resulted in the growth of the automotive and auto ancillary industry in the country.
A higher rate of adoption of reusable packaging solution from auto industry transportation of body panels, and assembly part is expected to drive the market growth over the forecast years. Bilateral agreements signed with various countries like India, the U.S., Peru, and many other countries are expected to increase exports from Brazil, in turn, are expected to drive the demand for packaging solutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil plastic pallets market , including forecasts for subscribers. This country databook contains high-level insights into Brazil plastic pallets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil plastic pallets market size, by material, 2018-2030 (US$M)
Brazil Plastic Pallets Market Outlook Share, 2023 & 2030 (US$M)
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