The molded wood pallets market is expected to witness a soaring growth in 2021 with worldwide revenues up 3.4% year over year. A new forecast by FMI estimates that molded wood pallets revenues will nearly double between 2021 and 2031, reaching nearly US$ 4.5 billion in 2031 at a ten-year compound annual growth rate (CAGR) of 5.8% The demand for molded wood pallets …
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Pallets Market Is Set To Expand At Nearly 5.6% CAGR Through 2032, Future Market Insights Inc.
The global pallets market is expected to reach a valuation of US$ 6.0 Bn in 2022, expanding at 5.6% CAGR over the forecast period. Growth is attributable to the increasing consumption of pallets in food & beverages, pharmaceuticals, automotive sector. Consumer inclination towards product safety, bulk load transportation with minimum efforts, and easy inventory tracking is expected to boost the market. Pallets …
Pallets Market Forecast, Company Share Analysis, Competition Intelligence by 2032
Pallets Market By Product Type (Stackable Pallets, Nestable Pallets, Collapsible Pallets), Material (Plastic Pallets, Metal Pallets, Wood Pallets, Paper Pallets) & Region – Forecast to 2022-2032–As per a recent market study by Future Market Insights (FMI), sales in the global pallets market are projected to increase at a 5.6% CAGR, reaching US$ 10.4 Bn in 2032. Growth …
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