South Africa Pallet Market Overview, 2029

South Africa has become the economic engine of Africa comprising around 25% of the entire continent’s gross domestic product. This also makes it the pallet capital of the continent. Pallets are very popular in South Africa, and they are widely used across a range of industries, including agriculture, manufacturing, logistics, and retail. The demand for pallets in South Africa is high due to the country's strong industrial and commercial sectors. Pallets are used for a wide range of applications, including storing and transporting goods, and they play a vital role in the supply chain and logistics industries. The rise of the country's manufacturing and agricultural industries, which require dependable and efficient means of storing and moving goods, is also driving demand for pallets in South Africa. Furthermore, as more firms strive to optimise their logistics operations, the advent of e-commerce in South Africa has raised demand for pallets. According to the research report "South Africa pallet Market Overview, 2029," published by Bonafide Research, the market is expected to add USD 670 Million by 2029. The pallets market is divided into four categories: type, application, material, and end-user. The market is divided into four material categories: wood, plastic, Metal, Corrugated and Others. South Africa's pallet industry may be divided into numerous groups based on the kind of pallet, materials utilized, and end-use applications. In South Africa, the following are some frequent pallet segments: Pallets made of wood: This category contains pallets constructed of various wood species such as pine, poplar, and eucalyptus. Pallets made of wood are widely utilised in a variety of industries, including food and beverage, agriculture, manufacturing, and logistics. Plastic pallets: This category comprises pallets manufactured of different plastics, including polypropylene, polyethylene, and PVC. Plastic pallets are becoming more popular in South Africa because of their durability, ease of washing, and sanitary features. They're common in sectors including medicines, food & beverage, and electronics. Metal pallets: This category comprises pallets built of different metals, including steel and aluminum. Metal pallets are strong and robust, making them excellent for usage in sectors such as automotive, heavy machinery, and construction.

The majority of pallet business is concentrated in big ports and cities, including Johannesburg, Cape Town, Durban, and Port Elizabeth. Sandy estimates that the country had a 40 million new pallets each year market. Even the biggest companies make the majority of their pallets by hand. In the country, there may be a few automated nailing plants. South Africa most likely has 15 big pallet makers and 70 to 80 mom and pop shops. Customers employ a wide range of pallet sizes. Similar to the United Kingdom, the 1000 x 1200 mm pallet reigns supreme. Pallets of both stringer and block style are utilised. Heavy production prefers 2-way access, stringer type pallets, whereas retail grocery consumers prefer block, 4-way entry pallets. For guarantee the safe and sustainable use of pallets in South Africa, the South African government has implemented a number of measures and laws. Among these initiatives are the following: Pallet Control System: The government has created a pallet control system to manage the transportation of pallets inside the country. This system guarantees that pallets are appropriately labelled, tracked, and controlled to avoid theft and abuse. Wood Packaging Material Regulations: The government has enacted measures to guarantee that wood packing products, especially pallets, satisfy international pest control standards. To limit the spread of pests, this law requires pallets to be treated with heat or fumigated. Pallet Recycling: To decrease waste and enhance sustainability, the government supports pallet recycling. Many South African enterprises provide pallet recycling services, and the government has created incentives for businesses to adopt sustainable methods. Pallet Standardization: The government has developed a national standard for pallet sizes. This standardization guarantees that pallets are interchangeable and lowers shipping and storage costs.Pallet Export Legislation: South African regulations control the export of pallets to foreign nations. These requirements guarantee that pallets fulfill international quality, safety, and sustainability standards. The most common size pallet in use in South Africa measures 1200mm x 1000mm, but there is a growing demand for ‘shop ready’ packing solutions. This has resulted in the introduction of half-size (48 x 20 inch) block pallets, which are said to be ideal for in-store merchandising. The number of pallet positions, or the number of sites where a pallet may be kept, is a typical statistic used to quantify warehouse capacity. In South Africa, a conventional pallet is 1200mm x 1000mm, and most pallet racking systems are built to fit this size. The number of pallet locations per square meter of floor area for typical selected pallet racking systems, the most popular form of racking system used in warehouses can range from 1 to 3, depending on the height of the racking system. This indicates that a warehouse with a floor size of 1000 square meters and a 6-meter-high racking system may have a capacity of 600 to 1800 pallet placements. Some of the pallet manufacturer and supplier in South Africa are Pallet Supply Company, E-Dek Manufacturing, PalletBiz South Africa, JGD Pallet & Box Manufacturers, Plastic Pallet Manufacturing, S&S Box and Pallet Manufacturers, Fii Plastic Pallets, Premier Pallets CC, Godide Pallets Manufacturers Pty. Ltd., E-Dek Manufacturing CC, BAP South Africa and many more. Considered in this report • Geography: South Africa • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • South Africa 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 Application Type • Rental • Non- rental

By Material Type • Wood • Plastic • Metal • Corrugated • Others By End user Type • Food and Beverages • Chemicals • Pharmaceuticals and Healthcare • Automotive • Transportation & Warehousing • Consumer goods and Retail • Engineering • Agriculture • Other End Use By Structural Design • Block • Stringer • 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 pallet 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.