Largest Companies in the Global Pallet Market 2020 Research By IMARC Group

A pallet is a horizontal platform made using wood, plastic or metal, which offers a base for storing, handling, assembling and transporting different products and materials. It helps in stacking goods and securing them using a pallet collar, stretch wrap, adhesive or other means of stabilization. Consequently, it is extensively utilized by suppliers and manufacturers around the world.

Owing to digitalization and increasing automation, leading vendors in the industry are using radio-frequency identification (RFID) tags that help in tracking products. They are also investing in research and development (R&D) activities to incorporate advanced technologies in the pallet production process. For instance, they recently launched multiple-trip pallets, which aid in reducing cost per-trip, removing solid waste and improving the overall operational efficiency. Furthermore, the industry is also witnessing trends, such as vertical integration of various companies, an increase in the influence of pallet pooling companies and the escalating demand for block pallets, which are anticipated to strengthen the market growth in the upcoming years.

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Presently, there are five key players that are competing in the pallet market:

Brambles Limited

Australia-based supply-chain logistics company, Brambles Ltd was established in the mid-1870s. It operates primarily through the CHEP brand in over 60 countries, including India, Slovenia, Turkey, Bulgaria and the Czech Republic, with a workforce of more than 14,000 employees. The logistics solutions of the company are based on the provision of reusable containers, crates and pallets for shared use. Brambles currently offers display, timber and plastic pallets.

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Rehrig Pacific Company

Founded in the early-1910s, Rehrig Pacific Company is a US-based firm that produces crates, bins, and containers and pallets along with other storage and transport products. These products are supplied across bakery, materials handling, dairy, agriculture, beverage, and waste and recycling collection industries. Other than this, the company manufactures reusable transport packaging, which includes bulk bottle, direct store delivery products, can products, and crates and bins. Further, it offers environmental and logistics services, such as asset tracking, pallet sales, transportation, recycling and sustainability, pooling, and pallet management and reverse logistics. Rehrig Pacific distributes its products and services across the US, Canada, Caribbean, Europe, Asia, New Zealand, Mexico, Latin America, the Middle East, Africa, Australia, and the Pacific Islands. The company operates service and manufacturing facilities in Mexico and the US.

Schoeller Allibert Group BV

Based in the Netherlands, Schoeller Allibert was founded in 2005. The company manufactures and designs Returnable Transit Packaging (RTP). It has a worldwide presence in nearly 50 countries with thirteen production locations and a workforce of more than 2000 employees. Schoeller Allibert produces a range of foldable small and large containers, trays and beverage crates; pallets and dollies, foldable IBCs, UN pails, and stackable and stack nest handheld boxes. Also, it offers kitchenware, plastic tableware and toilet articles; and various plastic products, such as insulating fittings, office or school supplies, fittings for furniture, plastic headgear, conveyor belts, and articles of apparel. The pallets provided by the company are available in different sizes, including 600x400, 800x600, 1200x800 and 1200x1000.

LOSCAM

LOSCAM is a pallet, pooling and returnable packaging solutions company based in China, founded in the early-1940s. It operates in nearly twelve regions across Asia Pacific, including Indonesia, Myanmar, Philippines, Taiwan, Vietnam, Australia, Hong Kong, Malaysia, New Zealand, Singapore and Thailand. The company manufactures pallets, intermediate bulk containers, produce bins, and collars and lids. These products are supplied across the automotive, agriculture, retail, hardware, horticulture and industrial sectors.

CABKA Group GmbH

Founded in 1993, CABKA Group GmbH produces and develops product solutions from recycled plastics. It offers fence, temporary fence base, big containers, plastic shells, grid, inflow plates, material handling, slides and other related products. The company supplies in over 80 countries from its production sites located in Spain, USA, Germany and Belgium, with a workforce of more than 400 people. CABKA manufactures and distributes a comprehensive portfolio of plastic pallets for worldwide product transportation through its brand CABKA_IPS.

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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Created on Apr 17th 2020 01:37. Viewed 299 times.

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