Market revenue in 2023 | USD 235.9 million |
Market revenue in 2030 | USD 355.5 million |
Growth rate | 6% (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 |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
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 67.02% in 2023. Horizon Databook has segmented the South Korea plastic pallets market based on high-density polyethylene, low-density polyethylene, polypropylene covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea is a leading exporter of integrated circuits, refined petroleum products, automobiles, and automotive parts, with trade partners such as China, Japan, the U.S., Saudi Arabia, and Germany. High exports of electronic items and gadgets to developing economies to meet the demand from the growing tech-savvy population are anticipated to drive the demand for plastic Pallet.
Changing orientation of the packaging industry from supplier-oriented to consumer-oriented is expected to drive the demand for plastic Pallet as consumers are giving more preference to reusable and durable packaging.
Furthermore, short of automotive electronic chips has been one of the factors affecting automotive production in the country. Therefore, the country has been continuously focusing on supporting automotive industry.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea plastic pallets market , including forecasts for subscribers. This country databook contains high-level insights into South Korea plastic pallets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account