MRO Magazine

Research and Markets: Pallet Market in Europe 2015-2019: Top 5 Players Reviewed


June 25, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/vjz2s2/pallet_market_in) has announced the addition of the “Pallet Market in Europe 2015-2019” report to their offering.

The analysts forecast the pallet market in Europe to grow at a CAGR of 4.96% in terms of volume over the period 2014-2019.

Key Vendors

– CHEP EMEA

– Groupe Palettes Gestion Services

– Rehrig Pacific

– Schoeller Allibert

– SSI Schaefer Systems International

Other Prominent Vendors

– CABKA-IPS

– Corrugated Pallets

– Craemer Holding

– Euro Pool System International

– Faber Halbertsma Group

– Falkenhahn

– HTR Paletten-Service

– INKA Paletten

– IP Group

– Marko KEA

– ORBIS

– Prioridades Ecológicas

– RM2 International

– Rotom

– Schroth

– Sonoco Products

Commenting on the report, an analyst from the team said: Manufacturing companies are increasing the adoption of robotic operations. Currently, the pallet manufacturing industry is utilizing robots to assist in pallet production. It helps in basic pallet nailing, dismantling, and repair. The use of robots will increase the production speed and productivity, and reduce the involvement of personnel. Advances in technology and rising labor costs could induce vendors to adopt robotics in pallet operations.

According to the report, recovery of the manufacturing sector in Europe and the projected economic expansion worldwide are expected to increase the demand for the material transport sector. It is further expected to increase during the forecast period. To meet the high level of manufacturing and transportation needs, the demand for pallets is also expected to increase. Procurement and supply chain activities are poised to benefit, with an increase in industrial and manufacturing output. Investments in the market depend on downstream demand from manufacturers, which is determined by industrial production and business confidence in the economy.

For more information visit http://www.researchandmarkets.com/research/vjz2s2/pallet_market_in.

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