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Stock impact report

Global Pallets Market Report 2024: Growing Adoption of Pallet Pooling Systems and Growing Shift Toward Plastic Pallets Drives Market Growht - CAGR of 5.3% Forecast During 2023-2028 [Yahoo!...

UFP Industries, Inc. (UFPI) 
Last ufp industries, inc. earnings: 4/22 04:41 pm Check Earnings Report
US:NASDAQ Investor Relations: ufpinvestor.com
Company Research Source: Yahoo! Finance
The pallets market is forecasted to grow by USD 22.43 billion during 2023-2028, accelerating at a CAGR of 5.3% during the forecast period. The market is driven by increasing adoption of automation and robotics to ease pallet use in manufacturing processes, growing use of pallets in e-commerce sector for efficient warehousing and transportation activities, and rising focus on sustainability leading to higher demand for pallets. This study identifies the increasing demand for nestable and stackable pallets as one of the prime reasons driving the pallets market growth during the next few years. Also, rising adoption of pallet pooling systems and growing shift toward plastic pallets will lead to sizable demand in the market. The report on the pallets market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scena Show less Read more
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