Pallet Market in the US 2016-2020




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About pallets
A pallet is a flat panel that serves as a base for storing and transporting raw materials and finished products. It is designed to be lifted by forklifts and pallet jacks. The majority of pallets are made from wood, but pallets made of plastic, metal, and corrugated paper are also available. The use of palletized storage and transportation is one of the key considerations in modern logistics, as it enables operational efficiency in terms of material handling.

Technavio's analysts forecast the pallet market in the US to grow at a CAGR of 2.2% over the period 2015-2020.

Covered in this report
The pallet market in the US is highly fragmented with the presence of local, regional, and international vendors. The market can be segmented into four based on the type of materials used to manufacture pallet: wood, plastic, metal, and corrugated paper.

Technavio's report, Pallet Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report presents the market landscape and its growth prospects in the coming years, it also covers the vendor landscape and a corresponding detailed analysis of the major vendors in the market.

Key vendors
Berry Industrial Pallets
Cabka North America
PECO Pallet
Rehrig Pacific Amcor

Other prominent vendors
Conitex Sonoco
Edwards Wood Products
Enviro-Pack Material Handling
General Pallet
Greystone Logistics
iGPS Logistics
LITCO International
Universal Package Systems

Key market driver
Economic recovery
For a full, detailed list, view our report

Key market challenge
Limited availability and high cost of raw materials
For a full, detailed list, view our report

Key market trend
Investment to improve pallet durability
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?