Industry Overview, Trends, Size, Share, Growth and Forecast – Stillwater Current

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According to the latest IMARC group report, entitled “North America Pallet Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026“, the North American pallet market reached a volume of $ 2.8 billion units in 2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of 3.7% during 2021-2026.

We regularly monitor the direct effect of COVID-19[female[feminine on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

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Pallets are portable, horizontal platforms that help transport goods from one location to another using a front loader or forklift. They are a type of tertiary packaging and are made from a variety of materials, such as plastic, recycled wood, and plywood. There are five types of pallets available in the market, including block, spar, double-sided, and full platform pallets. They are widely used by manufacturers of commercial goods and shipping companies.

The growing demand for pallets in the pharmaceutical industry is primarily driving the growth of the market in the North American region. At the same time, the significant growth of the warehousing, construction and manufacturing sectors is still creating positive prospects for the market. In addition, growing environmental concerns have led to an increase in demand for recycled pallets, which is propelling the growth of the market. In addition, increased investment in research and development (R&D) activities to incorporate advanced technologies into end products, such as multipath pallets that help eliminate solid waste and reduce the cost per trip. , contributes to market growth.

Competitive Analysis and Segmentation of North America Pallet Market 2021-2026:

Competitive landscape with key players:

The competitive landscape of the North America pallet market has been studied in the report along with the detailed profiles of the major players operating in the market.

Key market segmentation:

The report segmented the North American pallet market on the basis of type, application, structural design, and country.

Breakdown by type:

  • Drink
  • Plastic
  • Metal
  • Corrugated paper

Breakdown by application:

  • Food and drinks
  • Chemicals and Pharmaceuticals
  • Machinery and metal
  • Construction
  • Others

Structural design failure:

Breakdown by country:

Explore the full report with table of contents and list of figures: https://bit.ly/3dwFVhc

Highlights of the report:

  • Market performance (2015-2020)
  • Market Outlook (2021-2026)
  • Industry trends
  • Market drivers and success factors
  • The impact of COVID-19 on the global market
  • Value chain analysis
  • Global market structure
  • Complete 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 part of the customization.

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The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and new processing methods are at the top of the market. business expertise.

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