India Pallet Market to Grow at XX% During 2022-2027, Augmented by Introduction of Smart Variants

May 17, 2021

IMARC Group’s latest report, titled “India Pallet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, finds that the India pallet market is expected to grow at a CAGR of XX% during 2022-2027. Pallets are flat structures used as a base for heavy goods to be moved using a forklift or a front loader. They are manufactured with different materials, including wood, plastic, and metals, depending on the application. They are secured using stabilization materials like pallet collars, stretch wraps, and adhesives. They generally last for 5-7 years and can be re-used and repaired in case of any damage. In India, pallets are widely utilized in shipping, stacking, transporting, and storing products and materials.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. 

India Pallet Market Trends: 

The India pallet market is primarily driven by the growing food and beverage industry. Pallets are used for handling during cold storage of perishable food products. The rise in the number of supermarkets and hypermarkets across the country has also escalated the demand for recyclable pallets that provide portability and high strength. With the rising penetration of the internet and expanding e-commerce industry, the need for logistics services is being spurred considerably, thereby bolstering the demand for pallets to offer safe and efficient transportation alternatives. Besides this, the increasing disposable income of the consumers on account of rapid urbanization and industrialization has elevated their expenditure on housing and infrastructural activities. As a result, there has been an increased demand for pallets as they simplify the process of loading and unloading and ensure the safe delivery of goods. Moreover, manufacturers are introducing smart pallets with RFID microchips with different functionalities, such as product tracking, inventory management, and asset tracking, which is significantly influencing the market growth. They are also investing in research and development (R&D) activities to incorporate technological innovations in the production of pallets.

Market Summary: 

  • Based on the type, the market has been segmented into wood, plastic, metal and corrugated paper.
  • On the basis of the application, the market has been classified into food and beverages, chemicals and pharmaceuticals, machinery and metal, construction, and others.
  • The market has been categorized based on the structural design into block, stringer, and others.
  • Region-wise, the market has been divided into North India, West and Central India, South India, and East India.
  • The competitive landscape of the market has been examined in the report with the detailed profiles of some of the key players operative in the industry.


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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

Contact Us:

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

India Pallet Market to Grow at XX% During 2022-2027, Augmented by Introduction of Smart Variants
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More