South Korea Pallet Market Overview: 2025-30

Base Year: 2024

Historical Years: 2020-23

Forecast Years: 2025-30

The South Korea Pallet Market size was valued at around USD 1.22 billion in 2024 and is projected to reach USD 1.79 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.67% during the forecast period, i.e., 2025-30. The main factor that is driving the demand for pallets in this country is their high functionality because of which they can be used to efficiently store, lift, and transport products of various industries like; electronics, manufacturing, food & beverages, etc. This helps companies to maintain their inventories by using the space efficiently.

Markntel Advisor’s South Korea Pallet Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, South Korea Pallet Market drivers, barriers, South Korea Pallet Market Trends, and Key Players in South Korea Pallet Market.

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South Korea Pallet Market Dynamics: 2025-30

Rapid Industrialization Boosting the Demand for Pallets – There has been a rapid expansion in various industries of South Korea including automobiles, chemicals, electronics, steel, etc. For instance, in 2023, the export volume of cars from Korea has increased by around 31.3% year-on-year, which shows a high growth in the automotive industry. Similar trends have been observed in other industries as well. All such industries manufacture products that have to be handled with care inside the inventories and delivered to customers without any risk to product quality. As a result, those industries use pallets in their operation to handle their products as pallets are easy to lift and relocate using forklifts, jacks, or cranes. This helps companies to efficiently maintain their inventories without any risk to product quality.

Pallets are also used in shipments as they provide ease to loading bulkier shipments in containers, ships, cargo planes, etc. Therefore, rapid industrialization has been the main factor behind the growth of the market, and its expected increase promises a growing environment for the market in the forecast period as well.

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South Korea Pallet Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

·       By Material

o   Wood- Market Size & Forecast 2020-2030, USD Million

o   Plastic- Market Size & Forecast 2020-2030, USD Million

o   Metal- Market Size & Forecast 2020-2030, USD Million

o   Corrugated Paper- Market Size & Forecast 2020-2030, USD Million

·       By Application

o   Food & Beverages- Market Size & Forecast 2020-2030, USD Million

o   Manufacturing- Market Size & Forecast 2020-2030, USD Million

o   Transportation & Warehousing- Market Size & Forecast 2020-2030, USD Million

o   Automotive- Market Size & Forecast 2020-2030, USD Million

o   Chemicals & Pharmaceuticals- Market Size & Forecast 2020-2030, USD Million

o   Oil & Petroleum- Market Size & Forecast 2020-2030, USD Million

o   Others (Retail, Construction, Machinery & Metal, etc.)- Market Size & Forecast 2020-2030, USD Million

·       By Design

o   Block Pallets- Market Size & Forecast 2020-2030, USD Million

o   Stringer Pallets- Market Size & Forecast 2020-2030, USD Million

o   Others- Market Size & Forecast 2020-2030, USD Million

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the South Korea Pallet Market:

• Sehwa Pallet
• Samjung Industries
• Daihyun Wood
• Logisall Group
• Enlightening Pallet
• Eagon Greentech
• NPC Corporation
• Korea Plastic Co. Ltd.
• Leehwa Industry Co. Ltd.
• Alporter
• Others

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