The pallet inverters demand is growing faster and the rates are significant. There is an increase in processed food product sales, which has increased the need for transportation and sustainable cold storage solution. So, the global pallet market has been forecasted to grow at a healthy CAGR in the next decade. It is expected to hit $95 billion. This in turn will impact the pallet inverter market, especially the demand for the automated online pallet changer system.
Wooden pallets account for the majority share market because they are cost-friendly and easily available. However, the pharmaceutical and food & beverage sector needs plastic pallets for storing and avoiding contamination. The shipped wooden pallets with materials need to be transferred to plastic pallets. This is a time-consuming and difficult task for the workforce. Pallet inverters are the solution to this problem. The machine does the task fast and with ease with as little human intervention as possible.
Influence of pallet inverters market
Pallet inverters have also been dominating the construction, automotive, manufacturing, and logistics sectors.
- The machines help to flip and rotate pallets.
- It enhances efficiency and safety while handling products.
- It decreases product damages due to handling errors, and the accuracy and speed of product labeling and packing also increase with pallet changers’ use.
- Loading and unloading containers and tanks is a heavy task for employees. It can injure their health, so with pallet inverters, employers do not manage to save on insurance but even enhance their workflow and productivity.
The pallet inverter market will increase with all the benefits it offers in terms of performance, delivery time, and system customization. Top Industries is consistently studying advanced technology, so the best performance can be offered to the pallet changer market.
- Performance – In terms of performance, customers can expect an output range of a minimum of 25 pallets to 100 pallets in an hour. The production range is immensely valuable that offers a competitive edge.
- Delivery time – It is crucial for the success of any business. Customized automated process eliminates the redundancy of tasks. As the physical loads on operators are eliminated there is an increase in efficiency and the project is completed on time.
- System customization – Advanced warehouses demand extremely customized pallet changers in terms of arrangements, operations, and dimensions. Nevertheless, different versions of pallet inverters are available, which can be integrated to adopt a fully automated logistic line.
Pallet inverter market challenges
The pallet inverter market has its challenges like the consistent change in market rules, which was hard during the pandemic years. What has changed needs to be uncovered, so there is a need for continuous results? Besides, the pallet changer market is monopolized by the top 5 companies that share 60% of the global market. So, the competitors are fewer because the market is ordained by experience.
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