Plastic Pallets Market Size, Share, Growth Analysis, By Material(High-Density Polyethylene, Low-Density Polyethylene, Polypropylene (PP), Others), By Type(Nestable, Rackable, Stackable, and Others), By Application(Food & Beverages, Chemicals, Pharmaceuticals, Petroleum & Lubricants), By Region - Industry Forecast 2024-2031

Major organizations are expanding into new markets and strengthening their market positions by implementing market strategies like expansion. For instance, ORBIS Corporation stated in October 2022 that its manufacturing facility in Urbana, Ohio, was going to be expanding. The addition will add 30% more space for the production of totes, bulk containers, plus pallets at an existing ORBIS plant at 200 Elm St. Additionally, Plastics expanded its distribution center in 2022, doubling its size from 85,000 square feet to a larger building situated on 173,000 square meters in Wilmot, United States. The expansion was carried out to boost output.

Top Player’s Company Profiles

• Brambles Limited

• Schoeller Allibert

• Loscam

• ORBIS Corporation

• Craemer Group

• CABKA Group

• Greystone Logistics

• Rehrig Pacific Company

• Buckhorn Inc.

• Plastic Pallet & Container, Inc.

• TranPak Inc.

• IPL Inc.

• Material Handling Systems, Inc.

• Litco International, Inc.

• Premier Handling Solutions

• Beecraft UK Ltd.

• Cherry's Industrial Equipment Corp.

• TranPak (Australia) Pty Ltd.

• PalletOne, Inc.

• PDQ Plastics, Inc.

Recent Development

• In February 2024, CONE PAL utilized the production equipment from Baumer hhs to help manufacture its pallets made from corrugated cardboard – a move thought to minimize cost, energy consumption, and waste. 
• In January 2024, Mah Sing Group Bhd entered into an agreement with PT Gaya Sukses Mandiri Kaseindo to jointly carry out business relating to manufacturing and trading of plastic pallets, containers and related material handling and storing products in Indonesia. 
• In January 2024, IFCO launched a reusable plastic pallet that it claims has the potential to revolutionise the fresh grocery supply chain across Europe. “Dora” is a strong, stable and sustainable alternative to wooden pallets, suitable for manual and fully-automated processes.