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(CityRegions.Com, September 01, 2017 ) Description:
Global Pallet Pooling Market is expected to grow from $695.34 million in 2016 to reach $1214.12 million by 2023 with a CAGR of 8.3%. Rapid industrialization and globalization, growth in logistic services, and increasing demand from pharmaceutical industry due to strict regulations to maintain cleanliness while transporting pharmaceuticals are some of the major factors bolstering the market growth. However, high cost and shortage of raw material are hindering the market growth during the forecast period.
Wood material is expected to dominate the global market during the forecast period due to its properties such as light weight and also increasing adoption by food industry. North America accounted for the largest share in global pallet pooling market followed by Europe. Asia Pacific is projected to grow at a faster pace. Rapid industrialization, increasing demand from pharmaceutical industry and huge investments by key players in emerging countries such as China and India are the factors favoring the market growth in this region.
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Some of the key players in Global Pallet Pooling Market include:
Brambles Limited, Buckhorn, CABKA Group, Contraload NV, Demes Logistics GmbH & Co. KG, Euro Pool System International, Faber Halbertsma Groep B.V., iGPS Logistics LLC, Litco International, Loscam Australia Pty. Ltd., PPS Midlands Limited, Schoeller Arca Time Materials Handling Solutions Limited, The Corrugated Pallets Company, Tianjin CIMC Logistics Equipment, and Zentek Pool System GmbH.
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Product Types Covered:
Nestable
Rackable
Stackable
Material Types Covered:
HDPE
Advanced Composite Material
Polypropylene
Corrugated paper
Metal
Wood
End Users Covered:
FMCG
Electronics
Chemical & Petrochemical
Food & Beverage
Pharmaceuticals
Textile
Other End Users
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Some Point from TOC:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Pallet Pooling Market, By Product Type
….Continued
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Hector Costello
+1 (214) 884-6817
sales@orbisresearch.com
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