Site icon Wall Street Business News

Paper Pallet Market Poised for Steady Growth, Projected to Reach USD 1,171.9 Million by 2034 | FMI Report

NEWARK, Del, Nov. 07, 2024 (GLOBE NEWSWIRE) — The paper pallet market is projected to reach USD 739.5 million in 2024 and grow to USD 1,171.9 million by 2034, with an expected CAGR of 4.7% over the forecast period (2024-2034). Revenue from paper pallets was recorded at USD 710.9 million in 2023.

Paper pallets are primarily used in the cosmetics and personal care industry, which is set to account for over 20% of the market in 2024. Their appeal lies in providing lightweight, moisture-resistant, and sustainable packaging options suitable for protecting both fragile and high-value products. These features also align with industry needs for sustainable and customizable logistics solutions.

Corrugated paper pallets, recognized for their superior strength-to-lightness ratio, are preferred over other designs like honeycomb and hybrid structures. This segment is expected to grow at a robust CAGR of 5.3% throughout the forecast period.

Key Takeaways – Paper Pallet Market Study

Market Value CAGR of Paper Pallet Market:

Country Value CAGR (2024 to 2034)
USA 3.30%  
Germany 2.50%  
China 4.00%  
UK 2.30%  
Spain 3.70%  
India 5.90%  
Canada 4.20%  

“Paper pallets are eco-friendly alternatives to traditional wooden and plastic pallets, offering a lightweight and recyclable solution for transporting goods. Widely used across industries such as cosmetics, pharmaceuticals, and food, these pallets provide customization options to meet specific packaging needs while aligning with sustainability goals. Their design not only reduces shipping costs but also supports brands in reducing environmental impact.”- says Ismail Sutaria, Lead Consultant, Packaging and Materials.

Prominent Drivers of the Paper Pallet Market:

Reveal Key Insights: Download the Full Paper Pallet Market Report Here! https://www.futuremarketinsights.com/reports/paper-pallets-market

Challenges Faced by the Paper Pallet Market:

Regional Outlook of the Paper Pallet Market:

Key Players in Paper Pallet Market

Paper Pallets Market by Category

By Product:

By Pallet Structure:

By Size:

By End-Use Industry:

By Region:

Author by

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power. 

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics. 

Check out FMI’s latest insights and updates on Packaging Domain:

The thermoformed tray market is evaluated at USD 5.5 billion in 2024.

The barrier packaging market size is projected to reach a value of USD 18.32 billion in 2024, at a CAGR of 2.8% from 2024 to 2034.

The Europe foodservice disposables market size is estimated to be worth USD 20,122.6 million in 2024 and is anticipated to reach a value of USD 27,056.6 million by 2034. 

The cement packaging market size in Europe is estimated to be worth USD 1.278.4 million in 2024

The global biodegradable packaging market size is likely to reach USD 218.13 billion in 2024. 

The plastic jar packaging market size is estimated to be worth USD 18,535.9 million in 2024.

Global sales of intermediate bulk containers to total USD 25.5 billion in 2024. 

The global paper packaging market is estimated to attain USD 3,83,867.8 million by the end of 2023. 

The returnable transport packaging market is estimated to secure a valuation of USD 27.81 billion in 2023.

The global heavy-duty corrugated packaging market is set to account for a valuation of USD 20983.4 million in 2023.

About Future Market Insights (FMI)        

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:    

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

In Spanish

Se proyecta que el mercado de palés de papel alcance los 739,5 millones de dólares en 2024 y crezca hasta los 1.171,9 millones de dólares en 2034, con una CAGR esperada del 4,7 % durante el período de pronóstico (2024-2034). Los ingresos por palés de papel se registraron en 710,9 millones de dólares en 2023.

Los palets de papel se utilizan principalmente en la industria de los cosméticos y el cuidado personal, que se prevé que represente más del 20 % del mercado en 2024. Su atractivo radica en ofrecer opciones de embalaje ligeras, resistentes a la humedad y sostenibles , adecuadas para proteger productos frágiles y de alto valor. Estas características también se alinean con las necesidades de la industria de soluciones logísticas sostenibles y personalizables.

Los palets de papel corrugado, reconocidos por su excelente relación resistencia-liviandad, son los preferidos frente a otros diseños como los de estructura en forma de panal e híbrida. Se espera que este segmento crezca a una sólida tasa de crecimiento anual compuesta (CAGR) del 5,3 % durante el período de pronóstico.

Conclusiones clave: estudio de mercado de palets de papel

Valor de mercado CAGR del mercado de palets de papel:

País Tasa de crecimiento anual compuesta (2024 a 2034)
ciervo 3,30%  
Alemania 2,50%  
Porcelana 4.00%  
Reino Unido 2,30%  
España 3,70%  
India 5,90%  
Canadá 4,20%  

“Los palets de papel son alternativas ecológicas a los palets tradicionales de madera y plástico, y ofrecen una solución ligera y reciclable para el transporte de mercancías. Estos palets, muy utilizados en sectores como el de la cosmética, la farmacéutica y la alimentación, ofrecen opciones de personalización para satisfacer necesidades de embalaje específicas y, al mismo tiempo, cumplir los objetivos de sostenibilidad. Su diseño no solo reduce los costes de envío, sino que también ayuda a las marcas a reducir el impacto medioambiental”, afirma Ismail Sutaria , consultor principal de embalaje y materiales.

Principales impulsores del mercado de palés de papel:

Descubra información clave: descargue el informe completo del mercado de palés de papel aquí:

https://www.futuremarketinsights.com/reports/paper-pallets-market

Desafíos que enfrenta el mercado de palets de papel:

Perspectiva regional del mercado de paletas de papel:

Actores clave en el mercado de palets de papel

Mercado de palets de papel por categoría

Por producto:

Por estructura de palets:

Por tamaño:

Por industria de uso final:

Por región:


Wall St Business News, Latest and Up-to-date Business Stories from Newsmakers of Tomorrow