Growth of Containerization in India will Drive the Market Growth during the Forecast Period

LONDON--(BUSINESS WIRE)--#PalletMarketinIndia--The pallet market in India is expected to register a CAGR of over 12% during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.

Request for Technavio�s market report estimates including pre- and post-COVID-19 impact on pallet market in India. Download a Free Sample Report on the impact of COVID-19 pandemic analysis.

Due to the extensive spread of the virus across the globe, the Materials industry is anticipated to have Mixed impact. The pallet market in India will showcase Positive impact during 2020-2024.

Pallet Market in India 2020-2024: Segmentation

Pallet Market in India is segmented as below:

• End-user
  • Food and Beverages
  • Chemicals and Pharmaceuticals
  • Retail
  • Construction
  • Others
• Material
  • Wood
  • Plastic
  • Metal
  • Corrugated Paper

Wood pallets are widely used as they are more durable and cost-effective. Wood pallets are majorly used to pack, transport and deliver food products such as fruits and vegetables, fish and seafood, oil, cheese, dairy, and bakery products. These can also be used as single-used and reusable pallets. This, in turn, will increase the usage of wood pallets by companies in the food and beverages, pharmaceutical, chemical, and consumer goods industries.

The Materials market is anticipated to have Direct impact and the pallet market demand in India will show At par growth. View market snapshot before purchasing

Rising popularity of pallets tracking technologies has been an instrumental factor in influencing the growth of pallet market in India. Other market drivers include the growth of containerization in India. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, base case and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID 19 market estimates
• Quarterly impact analysis as the spread reaches a global level and updates on market estimates

Get more insights about the global trends impacting the future of pallet market in India, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR40091

Pallet Market in India 2020-2024: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include Brambles Ltd., CABKA Group GmbH, Ergen Plastic Industries, Greif Inc., LEAP India Pvt. Ltd., Nefab AB, Nilkamal Ltd., Schoeller Arca Time Materials Handling Solutions Ltd., Sintex Plastics Technology Ltd., and The Supreme Industries Ltd.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• Preface
• Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis
• Value Chain Analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market Outlook
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY MATERIAL

• Market segmentation by material
• Comparison by material
• Wood - Market size and forecast 2019-2024
• Plastic - Market size and forecast 2019-2024
• Metal - Market size and forecast 2019-2024
• Corrugated paper - Market size and forecast 2019-2024
• Market opportunity by material

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

• Market segmentation by end-user
• Comparison by end-user
• Food and beverages - Market size and forecast 2019-2024
• Chemicals and pharmaceuticals - Market size and forecast 2019-2024
• Retail - Market size and forecast 2019-2024
• Construction - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by end-user

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Adoption of reusable pallets
• Emergence of pallet pooling
• Rising popularity of pallet tracking technologies

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Brambles Ltd.
• CABKA Group GmbH
• Ergen Plastic Industries
• Greif Inc.
• LEAP India Pvt. Ltd.
• Nefab AB
• Nilkamal Ltd.
• Schoeller Arca Time Materials Handling Solutions Ltd.
• Sintex Plastics Technology Ltd.
• The Supreme Industries Ltd.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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