In the next four years, the shipping pallet market is expected to reach 1.3 billion units. According to a recent Modern Material Handling article, the growth will be driven by economic recovery and "re-manufacturing improvements" back to the US from foreign lands.
If the anticipated figure is achieved, it will represent a market expansion rate of 3.5% between now and 2017. What's more, the value of these units will reach $ 16.9 billion. You can browse https://www.affordablepallets.com.au/pallets/plastic-pallets/ to buy plastic pallets.
It is interesting to note that plastic pallets will be one of the types of pallets that lead this growth, although currently only represents 4% of the overall pallet market. Indeed, according to the report, plastic pallets have "seen their strongest progress in terms of percentage and will continue to record above-average growth."
What motivates US companies to switch from traditional wooden pallets to plastic pallets? The answer is a diverse answer.
Businesses first turned to these palettes because of the superior product longevity of wooden pallets. An expert quoted in the article also pointed out that "developing sanitation problems related to wooden pallets" triggered the demand for plastic pallets. This is especially true when food is involved.
"Food safety regulations" can be a strong driver behind the steps towards replacing wooden pallets for plastic pallets in the future.
Apart from precipitating factors, the more frequent implementation and use of plastic pallets is good news for the environment.
There are two reasons for this positive environmental impact. First, this palette does not require cutting trees like a wooden pallet. Therefore, they do not produce deforestation. Second, the plastic used in plastic pallets can be recycled.