The US Pallet Market to Grow at a CAGR of 2.2% over Forecast 2016-2020
A pallet is a flat panel that serves as a base for storing and transporting raw materials and finished products. It is designed to be lifted by forklifts and pallet jacks. The majority of pallets are made from wood, but pallets made of plastic, metal, and corrugated paper are also available. The use of palletized storage and transportation is one of the key considerations in modern logistics, as it enables operational efficiency in terms of material handling.
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