UK Plastic Pallets Market Size & Outlook, 2023-2030
UK plastic pallets market, 2018-2030 (US$M)
Related Markets
UK plastic pallets market highlights
- The UK plastic pallets market generated a revenue of USD 236.5 million in 2023 and is expected to reach USD 324.5 million by 2030.
- The UK market is expected to grow at a CAGR of 4.6% 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 236.5 million |
| Market revenue in 2030 | USD 324.5 million |
| Growth rate | 4.6% (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 |
Other key industry trends
- In terms of revenue, UK accounted for 3.1% 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 Europe, Germany plastic pallets market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 491.7 million by 2030.
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Plastic Pallets Market Scope
Plastic Pallets Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 67.95% in 2023. Horizon Databook has segmented the UK 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 UK government has been continuously focusing on collaborations between universities and smalland large-scale pharmaceutical players for R&D investments. This is expected to benefit pharmaceutical industry in the country, in turn, benefiting the plastic Pallet market.
Post-BREXIT, the UK government has been keen on establishing free-trade agreements with countries such as the U.S., China, and other Asian countries. The government has been planning for new trade agreements to strengthen the digital and electronics industry trade, especially with the U.S. and Australia.
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Our clientele includes a mix of plastic pallets market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UK plastic pallets market , including forecasts for subscribers. This country databook contains high-level insights into UK plastic pallets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK plastic pallets market size, by material, 2018-2030 (US$M)
UK Plastic Pallets Market Outlook Share, 2023 & 2030 (US$M)
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