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Report

Mexico Pallet Market Report and Forecast 2024-2032

Market Report I 2023-11-17 I 165 Pages I EMR Inc.

Mexico Pallet Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Mexico pallet market is projected to grow at a CAGR of 4.4% between 2024 and 2032. Aided by the increasing need for efficient goods transportation and the growing applications of pallets across various industries, the market is expected to grow significantly by 2032.
Pallets are flat structures that provide a stable base for the storage and transportation of goods. They are widely used in industries such as manufacturing, logistics, food and beverage, retail, and pharmaceuticals. Their use facilitates easy loading, unloading, and moving of goods, significantly increasing operational efficiency and reducing handling costs.
One of the major factors driving the growth of the Mexico pallet market is the escalating need for efficient and safe goods transportation. The growth of Mexico's industrial sector, along with the expansion of its logistics and transportation industry, has amplified the demand for durable and reliable pallets. Pallets provide a unified and stable base for goods, making them easier to handle and transport, thus reducing the risk of damage during transportation.
The Mexico pallet market growth is also influenced by the growing focus on sustainability and eco-friendliness. Wooden pallets, which constitute a significant portion of the market, are recyclable and biodegradable, making them an environmentally friendly choice for goods transportation. Additionally, the advent of plastic pallets, which are durable, lightweight, and recyclable, offers further impetus to the market.
In the manufacturing sector, pallets play a vital role in moving raw materials and finished goods within and between facilities. The food and beverage industry employs pallets for the storage and transportation of various items, from fresh produce to bottled beverages, thus increasing the Mexico pallet market demand. In the retail industry, pallets are used in distribution centres and warehouses for efficient handling and storage of goods. Pharmaceutical companies also utilise pallets for the safe and hygienic transportation of medicines and medical supplies.
Additionally, the growing demand for modern, automated warehouses in Mexico has led to a surge in demand for pallets compatible with automated systems, thus propelling the Mexico pallet market development. These pallets are designed to be used with forklifts, pallet jacks, and other mechanised equipment, making them a key component in the functioning of automated warehouses.
Market Segmentation
The market can be divided based on type, structural design, end use, and region.
Market Breakup by Type
- Wood
- Plastic
- Metal
- Corrugated Paper
Market Breakup by Structural Design
- Block
- Stringer
- Others
Market Breakup by End Use
- Food and Beverages
- Chemicals and Pharmaceuticals
- Machinery and Metal
- Construction
- Others
Market Breakup by Region
- Baja California
- Northern Mexico
- The Bajio
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Mexico pallet market. Some of the major players explored in the report by Expert Market Research are as follows:
- Tarimex
- Pallet Desing & Suport de Mexico, S.A. de C.V. (PD&S)
- Ongweoweh Corp.
- NOVATEC PAGANI S.A. DE C.V.
- PECO Pallet
- Riteway Pallet Manufacturing Co., Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Pallet Market Overview
8.1 Key Industry Highlights
8.2 Latin America Pallet Historical Market (2018-2023)
8.3 Latin America Pallet Market Forecast (2024-2032)
9 Mexico Pallet Market Analysis
9.1 Key Industry Highlights
9.2 Mexico Pallet Historical Market (2018-2023)
9.3 Mexico Pallet Market Forecast (2024-2032)
10 Mexico Pallet Market by Type
10.1 Wood
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Plastic
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 Metal
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Corrugated Paper
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
11 Mexico Pallet Market by Structural Design
11.1 Block
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Stringer
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 Others
12 Mexico Pallet Market by End Use
12.1 Food and Beverages
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Chemicals and Pharmaceuticals
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Machinery and Metal
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Construction
12.4.1 Market Share
12.4.2 Historical Trend (2018-2023)
12.4.3 Forecast Trend (2024-2032)
12.5 Others
13 Mexico Pallet Market by Region
13.1 Baja California
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 Northern Mexico
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 The Bajio
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 Central Mexico
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Pacific Coast
13.5.1 Market Share
13.5.2 Historical Trend (2018-2023)
13.5.3 Forecast Trend (2024-2032)
13.6 Yucatan Peninsula
13.6.1 Market Share
13.6.2 Historical Trend (2018-2023)
13.6.3 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyers Powers
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Tarimex
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Pallet Desing & Suport de Mexico, S.A. de C.V. (PD&S)
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Ongweoweh Corp.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 NOVATEC PAGANI S.A. DE C.V.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 PECO Pallet
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Riteway Pallet Manufacturing Co., Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Mexico Pallet Market: Key Industry Highlights, 2018 and 2032
2. Mexico Pallet Historical Market: Breakup by Type (USD Million), 2018-2023
3. Mexico Pallet Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Mexico Pallet Historical Market: Breakup by Structural Design (USD Million), 2018-2023
5. Mexico Pallet Market Forecast: Breakup by Structural Design (USD Million), 2024-2032
6. Mexico Pallet Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Mexico Pallet Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Mexico Pallet Historical Market: Breakup by Region (USD Million), 2018-2023
9. Mexico Pallet Market Forecast: Breakup by Region (USD Million), 2024-2032
10. Mexico Pallet Market Structure

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