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Pallet Block Market

Pallet Block Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Pallet Block Market – Introduction

  • Pallet block is used to support the unit load. Block pallets use 4 to 12 blocks to support the top deckboards. They form the base for pallet and are made of solid wood, plywood, or plastic. They are also known as chip blocks. The strength and durability of pallet blocks increase their demand.

Key Drivers of the Pallet Block Market

  • Pallets made from pallet blocks are stronger since the nails have greater withdrawal power when nailed in pallet blocks. Furthermore, pallet blocks are available in standard sizes and are ready for installation, thereby reducing the processing cost and wastages. Additionally, pallet blocks offer high resistance to pressure and high nail retention. These factors further drive the demand for pallet blocks.
  • Block pallets are extensively utilized for shipment. They provide greater support and hence, are preferred for heavy shipments. Increase in usage of block pallets in shipping further boosts the demand for blocks used to make pallet blocks. This, in turn, fuels the pallet block market.

Key Restraints of Global Pallet Block Market

  • Blocks used in pallet blocks cannot be repaired; instead, they have to be replaced. Moreover, pallet blocks are expensive as compared to stringer pallets. This hamper the demand for pallet blocks. Furthermore, forced shutdowns and suppressed orders after the COVID-19 pandemic further hampered the production of pallet blocks. The pandemic also disrupted the supply chain and consequently, restrained the pallet block market.

Asia Pacific to Hold Leading Share of Global Pallet Block Market

  • In terms of geography, the global pallet block market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the pallet block market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The pallet block market in South America is segmented into Brazil and Rest of South America.
  • Asia Pacific dominated the global pallet block market in 2020, due to expansion of shipping industry in the region, which widely uses block pallets. Increase in demand for pallet blocks has been driving the pallet block market in Asia Pacific, particularly in India, China, and Japan.
  • The pallet block market in Asia Pacific is projected to expand at a rapid pace, followed by North America and Europe, during the forecast period

Key Players Operating in Global Pallet Block Market

The global pallet block market is highly competitive, owing to the presence of several global and regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to consolidate their position in the market. A few key players operating in the global pallet block market are:

  • Baltic Block
  • SASGroup
  • Polima AB
  • G-Bloc
  • DMDbis
  • Palleteries
  • NEPA Sp. z o.o.
  • ENGELVIN Bois Moulé
  • Eirebloc

Global Pallet Block Market: Research Scope

Global Pallet Block Market, by Type

  • Composite Pallet Blocks
  • Solid Wood Pallet Blocks

Global Pallet Block Market, by Size

  • 75 x 75 x 75 mm
  • 90 x 90 x 75 mm
  • 100 x 100 x 75 mm
  • Others

Global Pallet Block Market, by Material

  • Wood
  • Metal
  • Plastic
  • Others

Global Pallet Block Market, by Price

  • Low
  • Medium
  • High

Global Pallet Block Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America
Pallet Block Market

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