Pallet Pooling (Rental) Market, By Material Type (HDPE, Polypropylene And Advanced Composite), By Product Type (Nestable, Stackable And Rackable), By End-use (FMCG, Food & Beverage, Pharmaceuticals, Electronics, Chemical & Petrochemical And Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jul 2023

Code : CMI3360

Pages :120

Formats :

Excel and PDF

Industry : Industrial Automation and Machinery

Market News

Global Pallet Pooling (Rental) Market Key Developments: In 2021, iGPS Logistics LLC a leading provider of pallet pooling and asset management solutions. The company specializes in offering innovative and sustainable pallet rental services to businesses across various industries, Introduced a groundbreaking initiative called the "Smart Pallet" program. This innovative program incorporates RFID (Radio-Frequency Identification) technology to enable seamless tracking of pallets throughout their entire lifecycle. By implementing RFID tags on each pallet, iGPS Logistics offers its customers real-time visibility into the location and status of their pallets.

In 2021, Faber Halbertsma Group B.V introduced an innovative pallet tracking system that utilizes sensor technology to monitor the whereabouts and condition of pallets. This cutting-edge system offers customers the ability to access real-time visibility into their supply chains, enabling them to make informed decisions that enhance efficiency, reduce expenses, and ensure compliance with regulations.

In 2021, iGPS Logistics LLC embarked on an expansion initiative by enlarging its network of pallet pools. The company strategically added new locations across North America and Europe, effectively broadening its geographic coverage and enhancing accessibility to its services for customers.