Global plastic pallets market 2018-2022
A new report by Technavio on the global plastic pallets market predicts a CAGR of around 8% during the period 2018-2022. The growth of the logistics and warehouse industry is one of the major factors driving the market. Major vendors are Brambles, LOSCAM, ORBIS, Rehrig Pacific, and Schoeller Allibert.
The logistics sector is expected to grow at a CAGR of around 7% during the forecast period being driven by increased economic activity and growth of the e-commerce sector. Also, the logistics industry is increasing its focus on specific industries such as grocery, pharmaceutical, and automotive, which are the key users of plastic pallets (Press release Technavio, 24 January 2018).
Click here for the press release.
Click here for more information about the report.
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