Pally containers are the containers which can act as a pallet or a dolly as per situational requirement and can be transformed from one form to the other with just a press of a padel. Pally containers have led to speedy operations in supply chain & logistics process with reduced labor costs and have eliminated the need of other materials handling equipment such as forklifts, pump trucks, etc.
Also, pally containers are in great demand from the supplier/distributor end, owing to its effective space utilization when they are put to use in a closed loop of operation. Suppliers can fold and stack the empty pally containers on top of each other thus reducing the space constraint. Pally containers are commonly made of plastic like reinforced polypropylene which improves the number of cycles for which it can be used thus making it a robust choice for manufacturers. Pally containers generate a demand from the mass retail, logistics industry.
Growth in global trade has led to increasing demand for handling goods with higher efficiency and in bulk quantity. Thus pally containers which are a part of global industrial bulk packaging market are likely to show a healthy growth rate over the forecast period. Pally containers are a Cost-effective logistic solution and thus provide higher operational performance which drives its demand over the forecast period.
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Also, the ability of pally containers such as easily folding and stackable leads to efficient utilization of the space during the transportation of the goods and thus acts as a key driver for pally containers market. However, with the introduction of flexible containers, the use of bulk containers has been reduced to some extent which has ultimately hampered the demand in pally containers market. Also, higher initial costs along with lack of consumer awareness towards pally containers are some other factors that hinder the growth of pally containers market across the globe.