Pallets Market Share

Market Share of Pallets Industry

The pallet market is fragmented due to the presence of several small and large manufacturers. The increased trade between countries is boosting the growth of corrugated pallets as sustainable packaging.Key players are Falkenhahn AG, CABKA Group GmbH, CHEP, etc. Recent developments in the market are -

In January 2022, Kamps Inc., a pallet recycler and supplier, acquired Tritz Pallet, offering pallet recycling and full-service pallet solutions. The acquisition enhanced Kamps' physical footprint to over 40 asset-based locations solidifying its presence in the Great Plains region.

In January 2022, Geodis, a supply chain provider, announced that it entered into a five-year unit load device (ULD) supply, management, and repair agreement with Unilode Aviation Solutions. Unilode supplied containers and pallets to Geodis, providing its full range of ULD management solutions, including procurement, planning, logistics, repair, and digitalization.

Pallet Market Leaders

1. Falkenhahn AG

2. CABKA Group GmbH

3. CHEP (Commonwealth Handling Equipment Pool)

4. Palettes Gestion Services

5. PalletOne, Inc.

*Disclaimer: Major Players sorted in no particular order