The HDPE pallets dominated the global plastic pallets market.

The global plastic pallets market is expected to grow at a CAGR of 8.03% during the forecast period. Based on the material, the plastic pallets market has been segmented into HDPE and PP.

HDPE pellets offer various benefits over PP pellets, which contributing to revenue generation in this segment. This has made HDPE pallets preferable among medium and large-scale industries with significant material handling requirements. Additionally, the demand for highly durable, reliable, and hygienic plastic pallets is driving the use of HDPE pallets. HDPE is commonly used to manufacture plastic water bottles, lumber, pipes, and geomembranes.

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The prominent vendors offering HDPE pallets include Brambles, Bulk-Flow, Greif, Nefab, Vierhouten Groep, and Rehrig Pacific. Most vendors offering HDPE pallets are focusing on using 100% recyclable plastic polymers to produce green plastic pallets. In terms of the manufacturing technique, most vendors use the injection-molding process for manufacturing HDPE pallets. The common industries wherein HDPE pallets are used include industrial goods and automotive. Hence, the HDPE pallets dominated the global plastic pallets market and is expected to continue dominating during the forecast period.