As the economy continues its recovery, consumers and businesses will return to spending, causing manufacturing activity to pick up. In the next five years, the industry's downstream customers will increasingly demand wood pallets, skids and other transport materials. However, competition will also rise from pallets and skids made out of other materials, such as plastic and metal. In order to compete, manufacturers will likely invest in more advanced wood products.
Firms in the US Wood Pallets and Skids Production industry manufacture wood pallets, wood box shook, wood boxes, wood skids, other wood containers and wood parts for pallets and containers. Firms purchase hardwood and softwood lumber from sawmills to manufacture this industry's wood products. These products are then sold to a host of downstream industries that use the pallets and containers to store and transport consumer and industrial goods.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.