The US market for pallets is expected to grow nearly 1.7 percent per year through 2019. Growth in pallet demand through 2019 will represent a deceleration from the 2009-2014 pace as manufacturers’ shipments in the US slows. Pallet demand data is provided in million units and million dollars and is discussed by material, product, market, and region.
Wood Pallets Dominate the Market
Pallets are available in wood, plastic, corrugate paper, and metal types. While non-wood pallets offer advantages in certain applications, wood has struck a balance between performance and cost that is preferred by the vast majority of pallet users.
Plastic Pallets to Record Fastest Growth
Plastic pallets offer a number of performance advantages that have resulted in strong sales gains that are expected to continue through 2019. These include increased durability, resistance to contamination, and the ability to easily utilize tracking technology.
Among the pallet markets discussed in the report are:
Food & Beverages
The US Pallets market is highly fragmented and is comprised of a large number of small producers that serve a few customers in one particular area. Among the leading producers are Battle Lumber, Corrugated Pallets, Edwards Wood Products, Great Northern, Industrial Pallet, Kamps, LM Containers, ORBIS, PalletOne, Rehrig Pacific, Sonoco Products, SSI Schaefer Systems International, Tasler, Universal Forest Products, and Worthington Steelpac Systems.