Pallet Market in India by Material and End-users - Forecast and Analysis 2020-2024

Pallet Market in India by Material and End-users - Forecast and Analysis 2020-2024

Pallet Market in India: About this market

Technavio’s pallet market in India analysis considers sales from wood, plastic, metal, and corrugated paper materials. Our study also finds the sales of pallet markets from food and beverages, chemicals and pharmaceuticals, retail, construction, and other end-users. In 2018, the food and beverage segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increase in agricultural production, the availability of better storage facilities will play a significant role in the food and beverage segment to maintain its market position. Also, our pallet market in India report looks at factors such as growing manufacturing industry in India, growth of the e-commerce industry in India, and growth of containerization in India. However, volatility in raw material prices, concerns related to the use of pallets, and lack of proper warehousing infrastructure in India may hamper the growth of the pallet market in India over the forecast period.

Pallet Market in India: Overview

Growth of containerization in India

Containerization is a system of intermodal freight transport using intermodal containers. The growth of containerization in India has increased the use of pallets because shipping containers have smooth, level surfaces that permit quick pallet movement with forklifts of varied sizes. The use of pallets makes it easier to move heavy stacks in containers. Moreover, containerization helps in reducing congestion in ports, shortening shipping time, and reduces loses from damage and theft. Therefore, with the growth of containerization in India, there will lead to the expansion of the global pallet market in India at a CAGR of over 12% during the forecast period.

The rising popularity of pallet tracking technologies

Tracking technologies such as radio-frequency identification (RFID), sensors, and tags are being embedded in pallets to enable supply chain monitoring. RFID tracking tags for pallets are one of the optimum solutions that help in the optimization of container packaging and logistic operations. RFID tags improve the automation level of the tracking processes used in inventory management and warehousing. The efficiency of logistics and warehouse operations plays a crucial role in determining the material handling and transportation costs in a supply chain. The use of cost-effective and time-saving material handling equipment is of utmost importance to improve the operational efficiency of logistics operations. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the pallet market in India during the forecast period 2020-2024, click here.

Competitive Landscape

With the presence of several major players, the pallet market in India is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pallet manufacturers, that include Brambles Ltd., CABKA Group GmbH, Ergen Plastic Industries, Greif Inc., LEAP India Pvt. Ltd., Nefab AB, Nilkamal Ltd., Schoeller Arca Time Materials Handling Solutions Ltd., Sintex Plastics Technology Ltd., and The Supreme Industries Ltd.

Also, the pallet market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Vendors: Key offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global metal and glass containers market
      • Table Segments of global metal and glass containers market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
    • Value Chain Analysis
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market Outlook
    • Market size and forecast 2019-2024
      • Table Country market: Size and forecast 2019-2024 ($ millions)
      • Table Country market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by material
    • Table Material - Market share 2019-2024 (%)
    • Comparison by material
      • Table Comparison by material
    • Wood - Market size and forecast 2019-2024
      • Table Wood - Market size and forecast 2019-2024 ($ millions)
      • Table Wood - Year-over-year growth 2020-2024 (%)
    • Plastic - Market size and forecast 2019-2024
      • Table Plastic - Market size and forecast 2019-2024 ($ millions)
      • Table Plastic - Year-over-year growth 2020-2024 (%)
    • Metal - Market size and forecast 2019-2024
      • Table Metal - Market size and forecast 2019-2024 ($ millions)
      • Table Metal - Year-over-year growth 2020-2024 (%)
    • Corrugated paper - Market size and forecast 2019-2024
      • Table Corrugated paper - Market size and forecast 2019-2024 ($ millions)
      • Table Corrugated paper - Year-over-year growth 2020-2024 (%)
    • Market opportunity by material
      • Table Market opportunity by material
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Table End-user - Market share 2019-2024 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Food and beverages - Market size and forecast 2019-2024
      • Table Food and beverages - Market size and forecast 2019-2024 ($ millions)
      • Table Food and beverages - Year-over-year growth 2020-2024 (%)
    • Chemicals and pharmaceuticals - Market size and forecast 2019-2024
      • Table Chemicals and pharmaceuticals - Market size and forecast 2019-2024 ($ millions)
      • Table Chemicals and pharmaceuticals - Year-over-year growth 2020-2024 (%)
    • Retail - Market size and forecast 2019-2024
      • Table Retail - Market size and forecast 2019-2024 ($ millions)
      • Table Retail - Year-over-year growth 2020-2024 (%)
    • Construction - Market size and forecast 2019-2024
      • Table Construction - Market size and forecast 2019-2024 ($ millions)
      • Table Construction - Year-over-year growth 2020-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ millions)
      • Table Others - Year-over-year growth 2020-2024 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Adoption of reusable pallets
    • Emergence of pallet pooling
    • Rising popularity of pallet tracking technologies
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Brambles Ltd.
      • Table Brambles Ltd. - Vendor overview
      • Table Brambles Ltd. - Business segments
      • Table Brambles Ltd. - Organizational developments
      • Table Brambles Ltd. - Geographic focus
      • Table Brambles Ltd. - Segment focus
      • Table Brambles Ltd. - Key offerings
    • CABKA Group GmbH
      • Table CABKA Group GmbH - Vendor overview
      • Table CABKA Group GmbH - Product segments
      • Table CABKA Group GmbH - Key offerings
    • Ergen Plastic Industries
      • Table Ergen Plastic Industries - Vendor overview
      • Table Ergen Plastic Industries - Product segments
      • Table Ergen Plastic Industries - Key offerings
    • Greif Inc.
      • Table Greif Inc. - Vendor overview
      • Table Greif Inc. - Business segments
      • Table Greif Inc. - Organizational developments
      • Table Greif Inc. - Geographic focus
      • Table Greif Inc. - Segment focus
      • Table Greif Inc. - Key offerings
    • LEAP India Pvt. Ltd.
      • Table LEAP India Pvt. Ltd. - Vendor overview
      • Table LEAP India Pvt. Ltd. - Product segments
      • Table LEAP India Pvt. Ltd. - Key offerings
    • Nefab AB
      • Table Nefab AB - Vendor overview
      • Table Nefab AB - Product segments
      • Table Nefab AB - Organizational developments
      • Table Nefab AB - Key offerings
    • Nilkamal Ltd.
      • Table Nilkamal Ltd. - Vendor overview
      • Table Nilkamal Ltd. - Business segments
      • Table Nilkamal Ltd. - Geographic focus
      • Table Nilkamal Ltd. - Segment focus
      • Table Nilkamal Ltd. - Key offerings
    • Schoeller Arca Time Materials Handling Solutions Ltd.
      • Table Schoeller Arca Time Materials Handling Solutions Ltd. - Vendor overview
      • Table Schoeller Arca Time Materials Handling Solutions Ltd. - Product segments
      • Table Schoeller Arca Time Materials Handling Solutions Ltd. - Key offerings
    • Sintex Plastics Technology Ltd.
      • Table Sintex Plastics Technology Ltd. - Vendor overview
      • Table Sintex Plastics Technology Ltd. - Business segments
      • Table Sintex Plastics Technology Ltd. - Geographic focus
      • Table Sintex Plastics Technology Ltd. - Segment focus
      • Table Sintex Plastics Technology Ltd. - Key offerings
    • The Supreme Industries Ltd.
      • Table The Supreme Industries Ltd. - Vendor overview
      • Table The Supreme Industries Ltd. - Business segments
      • Table The Supreme Industries Ltd. - Segment focus
      • Table The Supreme Industries Ltd. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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