The pallet market - Italy

The global pallet market, which was valued at approximately $83 billion in 2020, is expected to see substantial growth, projecting to reach around $115.17 billion by 2026 with a CAGR of over 5.4 percent during the 2021-2026 period. Wood pallets, despite the rising popularity of plastic pallets for their longevity and ease of cleaning, continue to dominate the market. Italy, a leading producer in Europe with a resilient production level even during 2020, saw its market dynamics affected by the lockdown and shifts in the export volumes of FITOK-branded wood packaging intended for non-EU countries. The Italian sector showed a dynamic performance, increasing its turnover from 1387 million euros in 2010 to 2047 million euros in 2019, while Italian exports and imports of wooden cargo pallets grew by 13.7% and 19.2% respectively, between 2016 and 2020. Regulations, including ISPM15, ensure phytosanitary compliance for wooden pallets, and recent market constraints due to the COVID-19 pandemic, have affected raw material supply chains, leading to substantial cost increases and shortages in the construction wood market, affecting the pallet industry globally..Trends in Pallet Market Demand and Analysis in Italy The Italian pallet market is a significant component of the country's supply chain infrastructure. Pallets play a critical role in the handling and transportation of goods across various industries, making their production a reliable indicator of economic activity. In recent years, the demand for pallets in Italy has showcased several notable trends. One of the primary materials used in pallet production is wood, and it's worth noting that wooden pallets dominate the market. Despite the availability of other materials like plastic, metal, and cardboard, wood remains the preferred choice due to its cost-effectiveness and widespread acceptance in various industries. The popularity of wooden pallets is evident, as they are priced competitively, ranging between 10 and 30 euros per unit. However, as environmental awareness increases, there has been a gradual shift in consumer preferences. The market is witnessing a growing demand for eco-designed pallets that prioritize recyclability and sustainable wood sourcing. This environmentally conscious shift has prompted manufacturers to innovate by developing pallets that minimize environmental impact without compromising on functionality. The Italian market has also been influenced by global events, specifically in the construction wood sector. Disruptions in supply and significant price increases in the raw materials needed for pallet production have had a notable impact on the market. Events, including extreme weather conditions and export bans from major wood-producing nations, have led to a stark imbalance in global demand and supply for construction wood, which in turn, affects the availability and cost of wooden pallets. Moreover, Italy's position as a leading producer of wooden pallets in Europe has been reinforced, accounting for nearly a quarter of the continent's output. The market's value has seen robust growth, with the turnover in the wood packaging sector rising by over 46.5 percent, from an annual figure of around 1387 million euros to approximately 2047 million euros in a span of 9 years. In terms of international trade, Italy imports more pallets than it exports. While the exports have seen a growth of about 13.7 percent over five years, from roughly 79.8 million USD to over 90.8 million USD, imports have risen by about 19.2 percent in the same period. European partners dominate both the export destinations and import origins for the Italian pallet market. Furthermore, the demand for pallets is closely tied to the country's freight traffic, particularly road transportation. The volume of goods transported by truck can significantly impact the pallet industry, as seen by the decline in transported goods over recent.### Key Players Shaping the Italian Pallet Market Landscape The Italian pallet market is a dynamic arena where various players contribute to the vibrant fabric of the production and supply chain. What stands out in the Italian sector is a blend of both seasoned and emerging companies that have made the industry robust and highly competitive. **Tuscany Pallets** emerges as a noteworthy player with a strong regional presence, known for their commitment to quality and innovation in pallet production. Specializing in wooden pallets, they cater to diverse industrial needs, offering sustainable and efficient solutions for materials handling. Another significant entity is **Chimar Spa**, which is respected for its expertise in wood treatment and pallet manufacturing. Their advanced production processes aim at durability and reliability, ensuring that businesses can trust their pallet needs to withstand rigorous logistics demands. **Casadei Pallets** brings to the market a wealth of experience in pallet crafting. Their attention to detail and customer-focused approach have allowed them to develop pallets that not only meet industry standards but also align with clients' specific requirements for efficient storage and transport. Focusing on innovative production techniques, **Sartorilegno** positions itself as an avant-garde figure in the pallet market. Their contribution underscores a blend of traditional craftsmanship and modern technology, reflecting a dedication to continuous improvement and environmental responsibility. Lastly, **Sacchi Pallets** stands out for its comprehensive approach to pallet solutions. They not only manufacture but also offer repair and maintenance services, ensuring that their products have a prolonged lifecycle, thereby promoting circular economy principles within the industry. Collectively, these key players illustrate a microcosm of industry expertise, quality-driven production, and sustainability awareness, all crucial to the evolution and growth of the Italian pallet market. They foster an environment where competition spurs innovation, reliability, and client satisfaction, solidifying Italy's position as a leading producer in the European pallet landscape.

Inforamtion

• Number of pages : 30 pages
• Format : Digital and PDF versions
• Last update : 29/04/2022

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Summary and extracts

List of charts

• The pallet market
• Weight of major European countries in pallet and box pallet production
• Turnover of the wood pallet manufacturing industry
• External pallet trade
• Destinations of pallet exports
• Origins of pallet imports
• Number of enterprises in the wood pallet manufacturing sector
• Employment in the wood pallet manufacturing sector
• Goods transported into the country
• Turnover of the road freight sector
• Criteria for choosing a pallet
• Price of wood

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