Brazil Pallet Market Overview, 2029

Pallets have been used in Brazil since the mid-20th century. In the 1950s, pallets were introduced as a new form of transport in the country. Initially, they were imported from the United States and Europe, but eventually, local manufacturers started producing them. In the 1970s, the Brazilian pallet industry experienced significant growth due to the expansion of the logistics sector. The demand for pallets increased, and new manufacturing companies emerged. The pallet industry also developed new technologies, such as the use of heat treatment to eliminate pests and comply with international regulations. According to the website of the Brazilian Association of Pallet Manufacturers (ABPM), the most commonly used pallets in Brazil are made of wood and have dimensions of 1.0 m x 1.2 m (39.37 in. x 47.24 in.) or 1.0 m x 1.0 m (39.37 in. x 39.37 in.)

According to the research report “Brazil Pallet Market Overview, 2029," published by Bonafide Research, the market was stood at USD 1.80 Billion in 2023. The market for pallets is being driven by the growing popularity of online shopping in the Country, which is resulting in the wide adoption of pallets by large online retailers to store and transport their merchandise. The efforts made by the market players in the research and development of state-of-the-art pallets are also accelerating the market development. There is a rising inclination towards wooden pallets owing to their multiple advantages when compared to their counterparts, such as cost-effectiveness, enhanced durability, wider availability and easy reparability, and the ability to carry higher weight capacities. Further, there is an improved availability of sustainable and renewable pallet solutions. The PBR certification was created in 1990 by the Brazilian Supermarket Association, ABRAS, which is part of the Permanent Committee for Palletizing, with the assistance of the Institute for Technological Research of the University of São Paulo. These entities created an ideal standard pallet for the transportation and storage of all goods in Brazil. There are two standard sizes for PBR certified pallets in Brazil: PBR1 - 1000 x 1200mm and PBR2 - 1050 x 1250mm.

The pallet market in the Brazil is segmented by material type into four parts based on material type: wood, plastic, metal, and corrugated. Currently, wood pallets are dominating the market, and wood pallets are expected to dominate the market for pallets in the country during the forecast period due to their greater reusability than plastic pallets and low cost per trip. They are also reusable, easy to repair, and can carry heavy loads of goods. A plastic pallet is a flat platform made from plastic materials, typically polyethylene or polypropylene that is used to transport, store, and stack goods. It is an alternative to traditional wooden pallets and has advantages such as being lighter, more durable, and resistant to moisture and pests. Metal pallets are another pallet variant, besides those made of wood and plastic, with very specific applications. Due to them being heavy-duty, they are the most commonly used pallet in the automotive and metal processing sectors. Corrugated pallets, also known as paper pallets or cardboard pallets are pallets made from paper board sheets, corrugated material and other reinforced paper goods, rather than wood. Corrugated pallets can be made using engineered corrugated products that are suited for clean room environments in medical, pharmaceutical and non-wet food applications.

The pallet market in the Brazil is segmented by end use: food and beverages, chemicals, pharmaceuticals, healthcare, automotive, transportation and warehousing, consumer goods and retail, engineering, and agriculture. Currently, the Food and Beverages industry dominates the pallet market in the Brazil because the food and beverage industry has witnessed considerable growth over the last decade because of changing lifestyles, convenience and increased penetration of retail stores. Food and beverage products have a limited shelf life and need to be handled with care to maintain their quality and safety. Pallets provide a safe and secure way to transport and store these products without damage or contamination. The Food and beverages is expected to influence the demand for pallets in Brazil.

The pallet market in the Brazil is segmented by application type: rental and non-rental. Because most businesses use their own pallets to store their goods, maintain inventory, and transport goods, the non-rental segment currently dominates the market. During the forecast period, it is expected that the non-rental segment will dominate the market for pallets in the Brazil. The pallet market in the Brazil is segmented by structural design type: block and stringer. The Block pallet is dominating the market for pallets in the Brazil, and it is expected to dominate the market in the Brazil during the forecast period due to block pallet allows forklifts and other pallet jacks to access the pallet from all four sides, though block pallets are stronger than other types of pallets, such as stringer pallets. Block pallets are gaining popularity in Brazil due to the safety it provides to carry bulk loads on them while transporting the goods from one place to another.



Considered in this report
• Geography: Brazil
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029
?
Aspects covered in this report
• Brazil pallet market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Material Type
• Wood
• Plastic
• Metal
• Corrugated
• Others

By End Use
• Food and Beverages
• Chemicals
• Pharmaceuticals and Healthcare
• Automotive
• Transportation & Warehousing
• Consumer goods and Retail
• Engineering
• Agriculture
• Other End Use

By Application Type
• Rental
• Non Rental

By Structural Design
• Block
• Stringers
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Vacuum Cleaner market, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.