Pallet Pooling (Rental) Market Analysis Will Expand at a CAGR of 6.6% from 2017-2027
Future Market Insights has announced the addition of the “Pallet Pooling (Rental) Market: Global Industry Analysis and Opportunity Assessment 2017-2027" report to their offering.
Future Market Insights has announced the addition of the “Pallet Pooling (Rental) Market: Global Industry Analysis and Opportunity Assessment 2017-2027" report to their offering.
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<strong>Pallet</strong> <strong>Pooling</strong> (<strong>Rental</strong>) <strong>Market</strong><br />
FMCG and food are among the most dominant end-users in the global pallet pooling (rental) market.<br />
These two segments will grow <strong>at</strong> 6.7% and 6.8% <strong>CAGR</strong>s respectively during the forecast period. The<br />
FMCG segment was valued <strong>at</strong> over US$ 217 Mn in 2016. By <strong>2027</strong>, this segment is projected to surpass<br />
US$ 438 Mn in revenues.<br />
North America remains the largest region for pallet pooling (rental) accounting for 38% revenue share <strong>of</strong><br />
the market. In terms <strong>of</strong> revenue, the North America pallet pooling (rental) market is projected to grow <strong>at</strong><br />
6.7% <strong>CAGR</strong> through <strong>2027</strong>. Western Europe is the second largest market, accounting for 23.5% revenue<br />
share. Future <strong>Market</strong> Insights estim<strong>at</strong>es these two regions to remain dominant throughout the forecast<br />
period.<br />
The key companies pr<strong>of</strong>iled by Future <strong>Market</strong> Insights in its report are iGPS Logistics LLC, Loscam Australia<br />
Pvt. Ltd., Brambles Limited, Euro Pool Group, and Faber Halbertsma Groep B.V. According to Future<br />
<strong>Market</strong> Insights’ competitive landscape analysis, Tier 2 companies account for 43% to 48% market share.<br />
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