Market Share of Pallet Pooling/Rentals Industry
The pallets pooling/rental market is fragmented, with various global and local players operating. The market players have adopted key developmental strategies, such as new technological advancements, to fuel the pallets pooling/rental market growth in terms of value sales. The companies also continuously focus on R&D to keep a strong foothold in the market and boost the demand for pallets on a rental basis. Key pallet pooling/rental market players include iGPS Logistics, LLC, Orbis Corporation, CHEP (Brambles Limited), PECO Pallet Inc., and IFCO Management GmbH.
In January 2024, IFCO, the world’s leading provider of Reusable Packaging Containers (RPCs), launched 'Dora,' a reusable plastic pallet in Europe. It will be available through IFCO’s circular pooling system. Dora effortlessly integrates into current fresh grocery supply chains. This integration not only enhances logistics efficiency but also bolsters sustainability efforts for both suppliers and retailers. The IFCO Plastic Pallet enhances efficiency, reduces transportation costs, and improves safety in critical areas of the transportation sector.
Pallet Pooling/Rentals Market Leaders
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iGPS Logistics
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Orbis Corporation
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CHEP (Brambles Limited)
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IFCO Management GmbH
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PECO Pallet, Inc.
*Disclaimer: Major Players sorted in no particular order
