India Pallet Market

According to IMARC Group’s latest report, titled “India Pallet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is expected to exhibit moderate growth during 2021-2026. Pallets are horizontal, portable logistics platforms extensively used for protecting, stacking, storing, and transporting goods across supply chains. They are manufactured using various materials, including plastic, metal, wood, and corrugated paper. Pallets can also be easily handled through pallet jacks, forklifts, and conveyors. Consequently, they are mainly used across warehouses and logistic centers as a base for the smooth transportation of products and stacking heavier commodities while eliminating knocks and bumps.

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The rapid expansion of the chemical and pharmaceutical industries across India has surged the need for reliable and safer transportation material handling and storage equipment, such as pallets. This represents one of the prime factors driving the market growth. Additionally, the growing standards of transportation operations and the widespread product adoption due to their enhanced cost-effectiveness, lightweight, and durability are factors providing a significant boost to the market growth. Apart from this, the rising establishment of hypermarkets and supermarkets, the introduction of recyclable pallets made using wood wastes, and significant technological advancements are creating a positive outlook for the market. Looking forward, IMARC Group expects the India pallet market to continue its robust growth during the forecast period (2021-2026).

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

Market Segmentation:

Breakup by Type:

  • Wood
  • Plastic
  • Metal
  • Corrugated Paper

Breakup by Application:

  • Food and Beverages
  • Chemicals and Pharmaceuticals
  • Machinery and Metal
  • Construction
  • Others

Breakup by Structural Design:

  • Block
  • Stringer
  • Others

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

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Note: We are updating our reports, If you want the report with the latest primary and secondary data (2021-2026) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                    

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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