What is the real market potential and what is the risk if the users do not accept the pallets?
As previously stated, of the 800 million pallets manufactured each year, about 60% are made from hardwood. Our product replaces the hardwood pallets, and if you look at our 5-year projection, we will produce approximately 19 million pallets while in the same 5 years the pallets industry will produce 2.4 billion hardwood pallets, which means we will capture, within 5 years, about 0.8% (less than 1%) of the total pallet market.
Related Questions
- What is yield potential on the one hand and the risk on the other hand by investing in the Market Access South-East Europe Traded Index Fund?
- What is yield potential on the one hand and the risk on the other hand by investing in the Market Access Amex Gold Bugs Index Fund ?
- How to find market/ business potential in India?
