Market Share of Plastic Pallets Industry
The plastic pallets market is fragmented. Major players in the market include Cabka Group GmbH, Q-Pall BV, ORBIS GmbH, Schoeller Allibert Group BV, and more. These companies focus on expanding their business through collaborations, investments, etc.
For instance, in July 2023, Geoplatics.com and Q-Pall launched heavy-duty pallets in the United Kingdom. This heavy-duty, open-deck plastic pallet manufactured by Netherlands-based Q-Pall has been mainly designed to handle large amounts of materials and ingredients for manufacturers and other industries, including those transporting and storing chemical drums and bulk bags. The pallet, which measures 1200 mm x 1200 mm x 165 mm, is an enhanced version of the original Q-pall 1212 HR 6R. With a static load of 7,500 kg and a dynamic load of 2,000 kg, it is a highly reliable option for heavy-duty applications.
In April 2023, ORBIS Corporation, a global player in reusable packaging, announced that its 40 by 48-inch reusable pallet, the P3, completed 280 cycles in the FastTrack lifecycle analysis. This equates to more than 25 times the lifecycle of a typical 40-by-48-inch white wood stringer pallet. The P3 is a high-density, lightweight, stackable, hygienic reusable packaging solution that seamlessly integrates with both manual and automated material handling equipment.
Plastic Pallets Market Leaders
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WERIT Kunststoffwerke W. Schneider GmbH & Co. KG
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Gamma-Wopla NV and Smart-Flow NV
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Q-Pall BV
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CABKA Group GmbH
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Schoeller Allibert Group BV
*Disclaimer: Major Players sorted in no particular order
