Global Lumber Pallet Market is Expected to Grow at 6.1% CAGR During the Forecast Period of 2021 to 2028

The Global Lumber Pallet Market is estimated to grow at 6.1% owing to increasing use of lumber pallet in the packaging and logistics industry in various regions.

The lumber pallet market has shown an exceptional penetration in countries such as Germany, China, and the U.S. Increasing usage of lumber pallets in packaging industries and technological advancements are creating growth opportunities for the global lumber pallet market.

Lumber Pallet Market Scenario

According to Data Bridge Market Research, the market for lumber pallet in Europe holds highest market share followed by Asia-Pacific and North America. Market leader is CHEP (A subsidiary of Brambles), which accounts for an estimated market share of approximately 13% to 16% of the market. The company has gained outstanding sale through its industrial product i.e. pallets. In October 2018, CHEP has signed a long-term agreement with National Beef, America’s premium beef company, a beef producer with used CHEP pallets at its Kansas processing location in Dodge City and Liberal. This development has helped the company expand its supply chain.

  • In May 2018, Rowlinsons Packaging Ltd. installed a new Delta automatic pallet manufacturing line at the Cheshire site. The new line has increased the capacity in both 2 way and 4 way entry pallets. It has helped the company in providing a consistent and high-quality manufacturing output to all customers.

Lumber Pallet MarketTrends Impacting the Market

Now the question is which other region CHEP (a subsidiary of Brambles), Greif, UFP Industries, Inc are targeting?. Data Bridge Market Research has forecast a large growth in the Europe lumber pallet market and the market leaders targeting Germany and U.K. to be their next revenue pockets for 2020.

The lumber pallet market is becoming more competitive every year with companies, such as CHEP (A subsidiary of Brambles), Greif, and UFP Industries, Inc., as they are the market leaders. The data bridge market research new reports highlight the major growth factors and opportunities in the lumber pallet market.

For more analysis on the lumber pallet market request for a briefing with our analysts https://www.databridgemarketresearch.com/reports/global-lumber-pallet-market

Lumber Pallet Market Development

  • In August 2017, Falkenhahn AG, decided to supply WORLD EuroPallet products to Switzerland, Denmark, and the U.K. using its transportation fleet. This development has helped the company increase its geographical presence and generate high revenues.

Scope of the Lumber Pallet Market

Global lumber pallet market is segmented on the basis of countries into Germany, U.K., France, Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe, China, India, Japan, South Korea, Australia and New Zealand, Indonesia, Singapore, Malaysia, Thailand, Philippines, Rest of Asia-Pacific, U.S., Canada, Mexico, United Arab Emirates, Saudi Arabia, South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America

  • All country-based analysis of the lumber pallet market is further analyzed based on further segmentation. On the basis of product type, the lumber pallet market is segmented into stringer lumber pallets, block lumber pallets, double face pallets, double wing pallets, and others. On the basis of wood type, the lumber pallet market is segmented into softwood and hardwood. On the basis of size, the lumber pallet market is segmented into 800x1200 mm, 1000x 1200 mm, 800x600 mm, 914x914 mm, 1118x1118 mm, 1200x1000 mm, and others. On the basis of distribution channel, the lumber pallet market is segmented into offline and online. On the basis of end-user, the lumber pallet market is segmented into food & beverages, pharmaceuticals, chemicals, retail, automotive, and others.

To know more about the study https://www.databridgemarketresearch.com/reports/global-lumber-pallet-market

Key Pointers Covered in Lumber Pallet Market Industry Trends and Forecast to 2028

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study
  • Supply Chain Competiveness

Key Market Competitors Covered in the Report

  • CHEP (A subsidiary of Brambles)
  • Greif
  • UFP Industries, Inc.
  • PALLETBIZ
  • PGS Group
  • UAB Vigidas Pack
  • LOSCAM
  • JGD Pallets
  • Palcon LLC
  • Falkenhahn AG
  • Conquest Joinery
  • SandS Box and Pallet Manufacturers
  • Imperial Timber
  • HG Timber Ltd.
  • Johannesburg Timber and Box
  • Premier Pallets, Inc.
  • Rowlinsons Packaging Ltd.
  • Christies Industries

Above are the key players covered in the report, Contact us to know about more and exhaustive list of lumber pallet companies https://www.databridgemarketresearch.com/toc/?dbmr=global-lumber-pallet-market

Research Methodology: Global Lumber Pallet Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecast using market statistical and coherent models. Additionally, market share analysis and key trend analysis are major success factors in the market report. To know more, please request an analyst call or drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation, which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side:  Industrial Professionals
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others

Related Reports

Browse in Chemical and Materials Category Related Reports@ https://www.databridgemarketresearch.com/report-category/chemical-and-materials