INDIA PALLETS MARKET ANALYSIS

India Pallets Market Size and Trends

The India pallets market is estimated to be valued at USD 935.6 Mn in 2025 and is expected to reach USD 1,656.5 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 8.5% from 2025 to 2032.

Key Takeaways of the India Pallets Market:

• The composite wood segment is expected to account for 37.4% of the market share by the end of 2025.
• The block segment is projected to hold a 48.6% market share by the end of 2025.
• The food and beverages segment is anticipated to account for 35.6% of the market share by the end of 2025.

Market Overview:

The India pallets market has been witnessing positive growth trends over the past few years. The growing logistics and e-commerce industries have been driving the demand for pallets for effective transportation and warehousing of goods. Furthermore, initiatives by the government, such as the Production Linked Incentive (PLI) Scheme, to improve infrastructure and boost manufacturing and export activities have increased the demand for pallets from industries. Various companies, such as Schoeller Allibert, operating in the market have also been focusing on integrating innovative technologies like IoT and advanced materials to offer smarter and more durable pallet solutions.