Australia Plastic Pallets Market Size & Outlook, 2023-2030
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Australia plastic pallets market highlights
- The Australia plastic pallets market generated a revenue of USD 60.5 million in 2023 and is expected to reach USD 88.6 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, high-density polyethylene was the largest revenue generating material in 2023.
- Polypropylene is the most lucrative material segment registering the fastest growth during the forecast period.
Plastic pallets market data book summary
| Market revenue in 2023 | USD 60.5 million |
| Market revenue in 2030 | USD 88.6 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | High-density polyethylene |
| Fastest growing segment | Polypropylene |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High-Density Polyethylene, Low-Density Polyethylene, Polypropylene |
| Key market players worldwide | Allstate Corp, Cabka, ORBIS Corp., Rehrig Pacific Company, Monoflo International, Polymer Solutions International, Perfect Pallets, TranPak |
Other key industry trends
- In terms of revenue, Australia accounted for 0.8% of the global plastic pallets market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China plastic pallets market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 734.1 million by 2030.
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Plastic Pallets Market Scope
Plastic Pallets Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia plastic pallets market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plastic pallets market will help companies and investors design strategic landscapes.
High-density polyethylene was the largest segment with a revenue share of 68.26% in 2023. Horizon Databook has segmented the Australia plastic pallets market based on high-density polyethylene, low-density polyethylene, polypropylene covering the revenue growth of each sub-segment from 2018 to 2030.
Food & beverage is one of the key industries majorly contributing to the country’s economy. The industry accounted for 32% of the total country’s manufacturing output. The country’s agribusiness and food exports included dairy products, seafood, fresh fruits, beef, and alcoholic beverages.
Key export destinations of the country are China, Japan, the U.S., and the EU. The country has been continuously making efforts to enter free trade agreements with emerging countries such as the UK, Brazil, and India.
In 2020, the country entered the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) aiming to deepen the economic, trade, and investment relationship with Indonesia. This agreement is expected to benefit Australia with free trade.
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Our clientele includes a mix of plastic pallets market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia plastic pallets market , including forecasts for subscribers. This country databook contains high-level insights into Australia plastic pallets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia plastic pallets market size, by pallets type, 2018-2030 (US$M)
Australia Plastic Pallets Market Outlook Share, 2023 & 2030 (US$M)
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