- The key vendors in the pallet market in Europe 2015-2019 are CHEP EMEA, Groupe Palettes Gestion Services (PGS), Rehrig Pacific Co., Schoeller Allibert and SSI Schaefer Systems International Inc.
London, 05 June 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the pallet market in Europe 2015-2019. Use of robotics in pallet production is one of the key trends emerging in the market. 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 Pallet Market in Europe 2015-2019 is expected to grow at a CAGR of 10.16% during the forecast period of 2014-2019.
“The recent settlement between EPAL and UIC is expected to propel the growth of the pallet market in Europe,”says Faisal Ghaus, Vice President of Technavio Research.
“The settlement between UIC and EPAL is hailed by the major trade organizations, pallet users, and licensees in Europe because of the uniformity that is brought to the trade system in the region.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
