IPP forecasts growth in its volumes in France of 20% in 2024

The expert in pallet and crate rental for the Supply Chain IPP, a subsidiary of Faber Group, announces a 20% increase in its movements of wooden pallets in France for the year 2024. A strong growth volume of activity particularly due to the acquisition of new customers.

IPP continues its growth path in France and Europe. With a consolidated turnover at European level of 200 million euros, the Faber group subsidiary carried out 10 million additional pallet movements on the old continent in 2023, increasing from 60 to 70 million in one year. A significant increase in its volume of activity which also continues this year in France. The rental company of wooden pallets - intended for agri-food industries selling in the mass distribution circuit - plans growth of 20% in 2024, increasing the number of its movements from 15 million in 2023 to 18 million this year. “This strong growth in our volume of activity is the result of numerous structuring projects that we have implemented in 2023,” underlines Thibaut Esnée, Regional Managing Director of IPP. We continued to invest in our pallet fleet, to modernize our network of depots in France by automating them, but also by expanding our European geographic coverage allowing us to support our French customers in European countries that are vectors of growth for them. »

2.2 million movements already signed

In addition to the projects undertaken, it is also the wooden pallet rental business model based on the circular economy which is bearing fruit. At the start of the year, IPP announces that it has already signed 2.2 million pallet movements out of the 18 million planned. To achieve this commercial performance, IPP has notably expanded the scope of its collaboration with major industrial players in the agri-food sector, allowing it to gain market share and strengthen its position in consumer products. “Our approach based on customer relations, active listening, transparency and responsiveness is highly appreciated by manufacturers who trust us,” analyzes Michael Karadjinov, Sales Director of IPP France. Our position as a human-sized company allows us to maintain close ties with our customers with a personalized quality of service. Our group will continue to invest massively in order to make all the difference in a very competitive rental pallet market,” he adds. By 2025, IPP aims for 100 million pallet movements in Europe.

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