Over the five years to 2017, expanding manufacturing and retail activity has spurred demand for a wide variety of freight transportation support services, such as pallet and skid rental. Ultimately, industry revenue is estimated to increase over the five years to 2017. Moving forward, industry revenue expansion will continue to be bolstered by substantial growth in the total value of US trade activity, as well as continued improvements in the levels of domestic consumer spending and retail activity. Overall, industry revenue is forecast to grow over the five years to 2022, albeit at a slower pace compared with the previous five-year period.
This industry comprises establishments that primarily rent pallets and skids to downstream markets for the storage and transport of goods. Following use, pallets and skids are returned to industry operators for cleaning and repairs. Though pallets and skids differ slightly in their construction and purposes, the terms are largely interchangeable.
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.