Published on : Jan 04, 2018
Albany, New York, January 4, 2018: The use of pallet displays has greatly increased in recent times. The global market for pallet displays is trending on a larger basis as it’s considered as one of the most cost-effective ways through which large volumes of products can be displayed as well as shipped and sold quickly. In order to remain competitive, manufacturers are focusing on developing pallet displays that offer better brand visibility, offer better space for the specific product and results in the effective space utilization. To elaborate further on this rapidly growing market, a study titled “Pallet Displays Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2026” has been broadcasted to the wide repository of Market Research Hub (MRH). This 170-pages study offers a holistic outlook of the market covering market trends, factors along with industry growth prospects from 2012 to 2017, and forecast to 2022. The report also highlights opportunities in the pallet displays market at the global and regional level.
Pallet displays mainly help in moving high volume products. The product positioned directly above it is convenient for shoppers to grab, view as well as place it in their baskets. They are being used on a large scale in retail stores, supermarkets, and hypermarkets. Leading manufacturers are also offering a unique design for pallet displays as per the brand requirement is also being focused on in order to attract customers. This detailed research study reveals that the global market for pallet display will stand at over US$ 1,600 Mn by 2026-end. Applications of pallet display are expected to increase at a sound pace over the next couple of years.
Factors Fueling Market Growth
Presently, rising demand for more attractive retail store product display, convenient packaging, and increasing usage of pallet displays in electronic, food and grocery product display are some of the prime factors boosting market growth.
In terms of revenue, North America is expected to dominate global pallet displays market throughout the forecast period. The market in the region is expected to expand at a CAGR of 4.3% between 2017 and 2026. Moreover, regions such as Europe, MEA, Latin America and APEJ are also expected to present market opportunities in the forthcoming years.
On the basis of material type, global sales of corrugated board pallet displays currently account for a significant revenue share of the market. Corrugated board pallet displays can be used for showcasing a single as well as multiple types of products and thereby present in most retail stores. On the basis of product type, the full pallet display segment is expected to retain at its top position.
At last, the report also comprises of a detailed competition landscape that signifies the presence of leading manufacturers’ along with their company profiling, SWOT analysis, and marketing strategies. Some of the Leading companies in the global pallet displays market are DS Smith Plc, Science soft USA Corporation, Georgia-Pacific LLC, Smurfit Kappa Group PLC, Sonoco Products Company, Marketing Alliance Group, Pratt Industries Inc., Toshiba Medical Systems Corporation, WestRock Company, FFR Merchandising Company, U.S. Corrugated, Inc., Creative Displays Now, Mirada Medical Limited, Siemens Healthineers, and Xinapse Systems Ltd.
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