Global Stringer Pallets Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Stringer pallets are the most commonly used pallets in logistics and warehousing industry, to support the unit load. Stringers are the boards that are sandwiched between the top and bottom deck boards of the pallet. Wooden Stringer Pallets is most commonly used in warehouses and logistic companies. Growing logistics industry and rising e commerce sector are key drivers for the growth of stringer pallets market. According to Asian Development Bank's ADB BRIEFS 2020 report Indian Logistics Industry has generated USD 215 billion in 2020. And as per estimation It is projected to expand through 2032 at a rate of approx. 9.6 % which is roughly 1.2 times of India's GDP growth rate(8.3% in Q2 2021-22) and would generate USD 360 billion value. Also, as per The United Nations Conference on Trade and Development (UNCTAD) global e-commerce sales jumped to USD 26.7 trillion in 2019, up 4% from USD 25.7 trillion in the year 2018 .Also, with the increasing application in end use industries, the adoption & demand for Stringer Pallets is likely to increase the market growth during the forecast period. However, availability of other pallets impedes the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Stringer Pallets market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to increasing demand for the end-use applications in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such increasing demand for the product from countries such as India and Japan would create lucrative growth prospects for the Stringer Pallets market across Asia-Pacific region.

Major market player included in this report are:
S. K. Jindal & Company
CHEP Company
Schoeller Allibert Group B.V.
New Pig Corporation
Conner Industries
Larson Packaging Company
United Pacific Forest Products
CABKA Group GmbH
Rehrig Pacific Compan
World Wide Box & Packaging Corp.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material Type:
Wood
Plastic
Metal
Corrugated Paper
By End Use Industries:
Automotive
Food & Beverages
Building and Construction
Electronics and Electricals
Other Industrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Stringer Pallets Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors