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The India pallet market is expected to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A pallet is a wooden structure used for storing goods and transporting freight. It uses pallet collars, stretch wraps, adhesives, and other means of stabilization for securing goods. Over the years, the design of pallets has evolved to enable the double stacking of fragile materials. In India, with the rising penetration of the Internet of things (IoT) and the emerging trend of automated handling systems, there has been a significant demand for high-quality pallets, which offer operational efficiencies throughout supply chains.
The India pallet market is primarily driven by rapid urbanization and industrialization. The growing pharmaceutical and chemical industries have created the need for safer and reliable transportation, storage, and material handling activities, thus propelling the growth of the market. Additionally, the increasing number of supermarkets and hypermarkets and rising construction and housing activities across the country have escalated the demand for pallets. Furthermore, manufacturers are developing reusable and recyclable pallets that provide a lower cost per trip and environmental impact.
IMARC Group provides an analysis of the key trends in each sub-segment of the India pallet market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on type, application and structural design.
Breakup by Type:
Breakup by Application:
Breakup by Structural Design:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Application, Structural Design, Region|
|Region Covered||North India, West and Central India, South India, East India|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option|
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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