Consumer Preferences for Convenience and Ease of Handling Drive the Demand of Pallet Box Market, Reach a Valuation of US$ 2.9 Billion by 2034 | Future Market Insights Inc. [Yahoo! Finance]
Myers Industries, Inc. (MYE)
Last myers industries, inc. earnings: 3/3 06:30 am
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Source: Yahoo! Finance
NEWARK, Del, March 28, 2024 (GLOBE NEWSWIRE) -- The global pallet box market is anticipated to reach a valuation of US$ 2.2 billion in 2024, driven by remote and offshore monitoring. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 2.8% between 2024 and 2034, and reaching a total valuation of approximately US$ 2.9 billion by 2034. There is a growing need for reusable and durable packaging solutions like pallet boxes to facilitate the return and recycling of products, as companies focus on improving their reverse logistics processes. The adoption of lightweight materials such as plastic and composite materials for pallet boxes reduces transportation costs, fuel consumption, and carbon emissions while maintaining structural strength and durability. Pallet boxes find applications across a wide range of industries beyond traditional manufacturing and logistics, including agriculture, retail, construction, and healthcare, creating divers
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MYE
Earnings
- 3/5/24 - Beat
MYE
Sec Filings
- 4/25/24 - Form 8-K
- 4/19/24 - Form 8-K/A
- 3/28/24 - Form 11-K
- MYE's page on the SEC website