Europe Plastic Pallets Market Size & Outlook, 2023-2030

The plastic pallets market in Europe is expected to reach a projected revenue of US$ 2,902.4 million by 2030. A compound annual growth rate of 4.9% is expected of Europe plastic pallets market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,076.1
Forecast, 2030 (US$M)
$2,902.4
CAGR, 2024 - 2030
4.9%
Report Coverage
Europe

Europe plastic pallets market highlights

  • The Europe plastic pallets market generated a revenue of USD 2,076.1 million in 2023.
  • The market is expected to grow at a CAGR of 4.9% 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.
  • Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 2,076.1 million
Market revenue in 2030USD 2,902.4 million
Growth rate4.9% (CAGR from 2023 to 2030)
Largest segmentHigh-density polyethylene
Fastest growing segmentPolypropylene
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHigh-Density Polyethylene, Low-Density Polyethylene, Polypropylene
Key market players worldwideAllstate Corp, Cabka, ORBIS Corp., Rehrig Pacific Company, Monoflo International, Polymer Solutions International, Perfect Pallets, TranPak


Other key industry trends

  • In terms of revenue, Europe region accounted for 27.2% of the global plastic pallets market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,934.4 million by 2030.

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Plastic Pallets Market Scope

Plastic pallets market segmentation & scope
High-Density Polyethylene
Low-Density Polyethylene
Polypropylene
Others
Nestable
Rackable
Stackable
Others
Food & Beverages
Chemicals
Pharmaceuticals
Petroleum & Lubricants
Others

Plastic Pallets Market Companies

Name Profile # Employees HQ Website

Europe 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 68.19% in 2023. Horizon Databook has segmented the Europe plastic pallets market based on high-density polyethylene, low-density polyethylene, polypropylene covering the revenue growth of each sub-segment from 2018 to 2030.


The increased international trade between the countries has resulted in the growth of internal logistics in the region, which is expected to benefit the plastic Pallet market. The European Union has been supportive of sustainable development through EU treaties by giving recognition to the environmental, economic, and social dimensions.

In December 2019, the European Commission published a new roadmap for sustainability in the EU’s economy, which largely impacted the end-use industries as the objectives pushed them to adopt green packaging including reusable plastic Pallet.

Furthermore, increasing plastic recycling activities by pallet producers across the region to promote a closed-loop pallet system are expected to benefit the market. Companies are continuously involved in product development and production expansion to meet the evolving consumer demands. Increasing production activities by such companies are expected to drive the demand for plastic Pallet.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe plastic pallets market , including forecasts for subscribers. This continent databook contains high-level insights into Europe plastic pallets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe plastic pallets market size, by country, 2018-2030 (US$M)

Europe Plastic Pallets Market Outlook Share, 2023 & 2030 (US$M)

Europe plastic pallets market size, by country, 2018-2030 (US$M)

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