The Europe Paper Pallet Market is projected to witness market growth of 3.7% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Paper Pallet Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $64.3 million by 2031. The UK market is exhibiting a CAGR of 2.7% during (2024 - 2031). Additionally, The France market is projected to experience a CAGR of 4.3% during (2024 - 2031).
In the e-commerce sector, paper pallets are utilized for parcel delivery, ensuring lightweight yet durable packaging solutions for goods shipped directly to consumers. They support last-mile delivery operations, enabling efficient transportation of packages in urban environments where space and weight limitations are factors.
Additionally, paper pallets are favoured for long range shipments because they comply with ISPM 15 regulations, eliminating the need for heat treatment or fumigation. They are suitable for single-use export packaging, eliminating the need for return logistics and simplifying cross-border transportation.
The expansion of the pharmaceutical industry in Belgium is driving innovation in packaging solutions, including paper pallets. According to the International Trade Administration data, Belgium’s industry spends $1.64 billion (€1.5 billion) on R&D annually, equivalent to 40 percent of all private investment made in Belgium. In addition, cosmetics products require careful handling and protection during transportation to maintain quality and aesthetic appeal. As per the quarterly report by the Polish Investment and Trade Agency focused on the cosmetics sector, the Polish cosmetics industry achieved a significant value close to €4 billion in 2020. In conclusion, the expansion of the cosmetics industry and the rising pharmaceutical sector in the region are driving the market's growth.
The Germany market dominated the Europe Paper Pallet Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $64.3 million by 2031. The UK market is exhibiting a CAGR of 2.7% during (2024 - 2031). Additionally, The France market is projected to experience a CAGR of 4.3% during (2024 - 2031).
In the e-commerce sector, paper pallets are utilized for parcel delivery, ensuring lightweight yet durable packaging solutions for goods shipped directly to consumers. They support last-mile delivery operations, enabling efficient transportation of packages in urban environments where space and weight limitations are factors.
Additionally, paper pallets are favoured for long range shipments because they comply with ISPM 15 regulations, eliminating the need for heat treatment or fumigation. They are suitable for single-use export packaging, eliminating the need for return logistics and simplifying cross-border transportation.
The expansion of the pharmaceutical industry in Belgium is driving innovation in packaging solutions, including paper pallets. According to the International Trade Administration data, Belgium’s industry spends $1.64 billion (€1.5 billion) on R&D annually, equivalent to 40 percent of all private investment made in Belgium. In addition, cosmetics products require careful handling and protection during transportation to maintain quality and aesthetic appeal. As per the quarterly report by the Polish Investment and Trade Agency focused on the cosmetics sector, the Polish cosmetics industry achieved a significant value close to €4 billion in 2020. In conclusion, the expansion of the cosmetics industry and the rising pharmaceutical sector in the region are driving the market's growth.
List of Key Companies Profiled
- INTERPAK INDUSTRIES PTE LTD
- PALLITE BV (The Alternative Pallet Company Limited)
- Mondi Plc
- Smurfit Kappa Group plc
- DS Smith Plc
- International Container Systems, LLC (Elsons International)
- Green Label Packaging
- Tri-Wall Limited
- DOPACK
- Litco International, Inc.
Market Report Segmentation
By Type- Corrugated pallets
- Cardboard pallets
- Honeycomb pallets
- Shipping & logistics
- Pharmaceuticals
- Food & beverages
- Personal care & cosmetics
- Up to 1 ton
- 1-2 tons
- Above 2 tons
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Europe Paper Pallet Market by Type
Chapter 5. Europe Paper Pallet Market by End User
Chapter 6. Europe Paper Pallet Market by Load Capacity
Chapter 7. Europe Paper Pallet Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- INTERPAK INDUSTRIES PTE LTD
- PALLITE BV (The Alternative Pallet Company Limited)
- Mondi Plc
- Smurfit Kappa Group plc
- DS Smith Plc
- International Container Systems , LLC (Elsons International)
- Green Label Packaging
- Tri-Wall Limited
- DOPACK
- Litco International, Inc.
Methodology
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