Market Research Logo

Global Corrugated Pallets Market 2017-2021

Global Corrugated Pallets Market 2017-2021

About Corrugated Pallets

Corrugated pallets are manufactured using corrugated materials, such as paper and cardboard. Corrugated paper pallets are lightweight, easy-to-handle, and less expensive compared with other materials, such as wood, plastic, and metal. Therefore, using corrugated pallets saves the shipping, transportation, and warehousing costs. Corrugated pallets, because of their lightweight and printable ability, are also used at retail point-of-purchase as display packaging solutions.

Technavio’s analysts forecast the global corrugated pallets market to grow at a CAGR of 4.15% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global corrugated pallets market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Corrugated Pallets Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Conitex Sonoco
  • DS Smith
  • KraftPal Technologies
  • Smurfit Kappa
  • The Corrugated Pallets Company
Other prominent vendors
  • Green Label Packaging
  • GreenLight Pallet Company
  • Hurst Manufacturing
  • LIFDEK
  • PGS Group
  • Tyoga Container
Market driver
  • Global economic recovery
  • For a full, detailed list, view our report
Market challenge
  • Rising prices of wood pulp and paper
  • For a full, detailed list, view our report
Market trend
  • Growing demand for lightweight pallets
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Corrugated Pallets Market 2017-2021

Technavio recognizes the following companies as the key players in the global corrugated pallets market: Conitex Sonoco, DS Smith, KraftPal Technologies, Smurfit Kappa, and The Corrugated Pallets Company.

Other Prominent Vendors in the market are: Green Label Packaging, GreenLight Pallet Company, Hurst Manufacturing, LIFDEK, PGS Group, and Tyoga Container.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for lightweight pallets. The demand for lightweight pallets is increasing from the different end-user segments, such as the retail industry and e-commerce industry. Lightweight pallets are manufactured using paper and corrugated board. These lightweight corrugated pallets offer the advantage of being easy nestable, for optimizing the space in the truck during the transportation of shipments.”

According to the report, one driver in the market is global economic recovery. The global corrugated pallets market is driven by an increase in the global economic activities after a decade-long recovery post-recession. Economic activities are expected to pick up the pace in 2017 and 2018 and are further expected to pace up during the forecast period. The economic recovery in the different economies across the world is expected to enhance the growth of the manufacturing and logistics sector of the countries. This growth in the manufacturing and logistics sector will drive the demand for corrugated pallets as they help in the material handling of products in performing these activities.

Further, the report states that one challenge in the market is rising prices of wood pulp and paper. The global corrugated pallets market is facing a tremendous margin pressure increase in the input cost and competition, which reduces the flexibility of the market vendors to raise the prices. In 2015, paper mills had increased the prices of kraft paper by $20- $40 per ton; kraft paper is one of the important raw materials used in the production and manufacturing of corrugated pallets. The price for the paper is expected to increase by 10%-20% during 2017. This increase in the price of paper will raise the manufacturing cost for the global corrugated pallets market.

Companies Mentioned

Conitex Sonoco, DS Smith, KraftPal Technologies, Smurfit Kappa, The Corrugated Pallets Company, Green Label Packaging, GreenLight Pallet Company, Hurst Manufacturing, LIFDEK, PGS Group, and Tyoga Container.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Global pallets market growth rate 2016-2020 (% growth rate in volume)
      • Table Advantages and disadvantages of corrugated pallets
      • Table Life cycle of global corrugated pallets market
  • Market landscape
    • Market overview
      • Table Global corrugated pallets market segmentation
    • Market size and forecast
      • Table Global corrugated pallets market 2016-2021 (million units)
      • Table Comparison of different types of pallets and their properties
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Segmentation of global corrugated pallets market by end-user
      • Table Global corrugated pallets market segmentation by the end-user 2016 (% volume share)
      • Table Growth rate of global corrugated pallets market by end-users 2017-2021 (%)
    • Global corrugated pallets market by pharmaceutical industry
      • Table Global corrugated pallets market by pharmaceutical industry 2016-2021 (million units)
      • Table Top pharmaceutical exporting countries
      • Table Global pharmaceutical product exports 2016-2021 ($ billions)
    • Global corrugated pallets market by food and beverage industry
      • Table Global corrugated pallets market by food and beverage industry 2016-2021 (million units)
    • Global corrugated pallets market by other industries
      • Table Global corrugated pallets market by other industries 2016-2021 (million units)
  • Regional landscape
    • Geographical segmentation
      • Table Global corrugated pallets market by geography 2016-2021 (% share)
    • Regional comparison
      • Table Regional comparison
    • Americas - market size and forecast
      • Table Corrugated pallets market in Americas 2016-2021 (million units)
      • Table GDP of different countries in Americas (% growth rate)
      • Table Corrugated pallets market in Americas 2017-2021 - Year-over-year-growth (%)
      • Table US pallet market by different raw materials 2015 (% volume share)
      • Table Top 3 countries in Americas
    • APAC - market size and forecast
      • Table Corrugated pallets market in APAC 2016-2021 (million units)
      • Table FDI inflows in top countries of APAC ($ billions)
      • Table Corrugated pallets market in APAC 2017-2021 - Year-over-year growth (%)
      • Table Top 3 countries in APAC
    • EMEA - market size and forecast
      • Table Corrugated pallets market in EMEA 2016-2021 (million units)
      • Table Corrugated pallets market in EMEA 2017-2021 - Year-over-year growth (%)
      • Table Top 3 countries in EMEA
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Country-wise GDP growth rate 2016 and 2017
      • Table Growth in containerized ship volume 2011-2015 (% growth rate)
    • Market challenges
      • Table Global pallets market by material types 2015 (% share)
      • Table Cost and performance analysis of various types of corrugated pallets
  • Market trends
    • Growing demand for lightweight pallets
    • Evolution of do-it-yourself (DIY) concept in corrugated pallets
    • Use of corrugated pallets in air cargo industry
      • Table Air cargo market 2017-2021 (% growth rate)
  • Vendor landscape
    • Competitive scenario
      • Table Key performance indicators for vendors in global corrugated pallets market
    • Conitex Sonoco
    • DS Smith
      • Table DS Smith: Business segmentation by revenue 2016 (% revenue)
    • KraftPal Technologies
    • Smurfit Kappa
      • Table Smurfit Kappa: Business segmentation by revenue 2016 (% revenue)
    • The Corrugated Pallets Company
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report