pallet market in china 2015-2019
TRANSCRIPT
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Pallet Market in China 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Pallet Market in China 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “A wide range of factors influence the pallet market in China. The economy plays a central role in influencing the size and growth of the market. Accordingly, the demand for pallets depends on economic drivers, such as population growth and growth of disposable income. Increased retail presence in China is another factor.”
• A pallet is a flat panel that support goods during their transportation. It provides ease of handling as palletized goods can be lifted by forklifts and pallet jacks. While most pallets are wooden, pallets made of plastic, metal, and corrugated paper are also available. The use of palletized storage and transportation is common in modern logistics as it provides operational efficiency in material handling and logistics.
• Technavio's analysts forecast the pallet market in China to grow at a CAGR of 10.62% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver,
challengeand trend is
available in our report:Pallet Market in China 2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our report:
Pallet Market in China 2015-2019
CHEP
China Merchants Group Limited
LAS
CHEP was founded in 1945 and is headquartered in North Ryde, New South Wales, Australia. It is one of the leading providers of pallets and packaging solutions in the world. The company operates as a subsidiary of Brambles.
China Merchants Group was founded in 1872 and is headquartered in Central, Hong Kong. The group is a state-owned industrial conglomerate that is involved in transportation and related infrastructure, financial investment and management, and property development and management businesses in Hong Kong and China.
LAS was founded in 2006 and is headquartered in Minhang, Shanghai, China. It provides logistic solutions to companies such as Samsung, LG, Hyundai, Volkswagen, and Chery.
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Market Landscape
• The pallet market in China is highly fragmented with the presence a few large companies at domestic and international level and thousands of small-sized enterprises focused on the regional level.
• There are more than 6,000 pallet manufacturers in China, which are producing 700 million pallets a year. In terms of size, standardized pallets accounted for only 27% of the pallet market in China in 2014; 73% of the market are non-standardized pallets.
• With the urbanization and modernization of industrial activities, palletization is expected to increase during the forecast period.
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Key Buying Criteria
• Authenticity • Delivery • Price• Service
Support
Parameter Details
Durability Pallets must have a long life span and perform consistently without leading to the damage of goods.
Price The price of pallets must be affordable for all end-users.
Reusability Pallets must be designed such that they can be reused.
Strength Pallets must have high load-bearing capacity.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Pallet Market in China 2015-2019
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