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[English Market Research Report] Global Market for Pallets

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The pallet market is expected to grow to 22.43 billion USD from 2023 to 2028, with a CAGR of 5.3% during the forecast period. This report includes a comprehensive analysis of the pallet market, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors. It provides the latest analysis of the current market scenario, recent trends and drivers, and the overall market environment. The market is driven by the increasing automation and robotics adoption to facilitate pallet use in manufacturing processes, the rising use of pallets in the e-commerce sector for efficient warehouse management and transportation activities, and the growing focus on sustainability leading to increased demand for PL.

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