Wood Pallets & Skids Production in the US - Industry Market Research Report
Description
Wood Pallets & Skids Production in the US - Industry Market Research Report
Wood Pallets & Skids Production in the US
The Wood Pallets and Skids Production industry manufactures transportation and storage structures that are used to move various consumer and industrial products. Rising consumer spending and growing industrial activity has encouraged an increase in purchases of pallets and skids to store and transport intermediate and final goods. Revenue growth was strong prior to the COVID-19 pandemic when a shortage of used pallets drove up the prices of newly manufactured pallets. Demand for industry goods suffered as consumer spending, consumer confidence and industrial production fell dramatically amid the COVID-19 pandemic in 2020, before seeing a rapid rebound in 2021 and 2022. Overall, industry revenue rose at a CAGR of 1.9% to $13.4 billion over the past five years, including a decrease of 4.3% in 2023 alone as lumber prices have begun to fall while unemployment has rose.
Companies in the 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. Companies 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.
Wood Pallets & Skids Production in the US
The Wood Pallets and Skids Production industry manufactures transportation and storage structures that are used to move various consumer and industrial products. Rising consumer spending and growing industrial activity has encouraged an increase in purchases of pallets and skids to store and transport intermediate and final goods. Revenue growth was strong prior to the COVID-19 pandemic when a shortage of used pallets drove up the prices of newly manufactured pallets. Demand for industry goods suffered as consumer spending, consumer confidence and industrial production fell dramatically amid the COVID-19 pandemic in 2020, before seeing a rapid rebound in 2021 and 2022. Overall, industry revenue rose at a CAGR of 1.9% to $13.4 billion over the past five years, including a decrease of 4.3% in 2023 alone as lumber prices have begun to fall while unemployment has rose.
Companies in the 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. Companies 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.
Table of Contents
52 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
