Wood Pallet Market 2024 : Current and Future Growth Analysis | 2031 (2024)

[105 Pages Report] "Wood Pallet Market" Market Size, Share & Industry Trends Analysis Report By Applications (Logistics & Transportation, Manufacturing Enterprise, Others),Types (ISO Standard Wood Pallet, US Standard Wood Pallet, Europe Standard Wood Pallet, Others), By Regional Outlook and Forecast, 2024-2031. The report presents the research and analysis provided within the Wood Pallet Market Research is meant to benefit stakeholders, vendors, and other participants in the industry. The Wood Pallet market is expected to grow annually by magnificent (CAGR 2024 - 2031).

Who is the largest manufacturers of Wood Pallet Market worldwide?

  • CHEP
  • PalletOne
  • Kamps Pallets
  • Inka-paletten
  • Pooling Partners
  • Falkenhahn AG
  • PECO
  • John Rock
  • Millwood
  • United Pallet Services
  • Pacific Pallet
  • Brambles
  • PGS
  • PKF/Post

Short Description About Wood Pallet Market:

The Global Wood Pallet market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

A pallet, sometimes inaccurately called a skid (a skid has no bottom deck boards), is a flat transport structure that supports goods in a stable fashion while being lifted by a forklift, pallet jack, front loader, work saver, or other jacking device, or a crane. A pallet is the structural foundation of a unit load which allows handling and storage efficiencies. Goods or shipping containers are often placed on a pallet secured with strapping, stretch wrap or shrink wrap and shipped. Since its invention in the twentieth century, its use has dramatically supplanted older forms of crating like the wooden box and the wooden barrel, as it works well with modern packaging like cardboard boxes and Intermodal containers commonly used for bulk shipping. Most pallets are wooden pallets.

Market Analysis and Insights: Global Wood Pallet Market

Due to the COVID-19 pandemic, the global Wood Pallet market size is estimated to be worth USD 8658.7 million in 2023 and is forecast to a readjusted size of USD 10960 million by 2031 with a CAGR of 4.0Percent during the review period. Fully considering the economic change by this health crisis, ISO Standard Wood Pallet accounting for Percent of the Wood Pallet global market in 2021, is projected to value USD million by 2031, growing at a revised Percent CAGR in the post-COVID-19 period. While Logistics & Transportation segment is altered to an Percent CAGR throughout this forecast period.

North America is the largest producer of Wood Pallet, with a market share about 44Percent, followed by Europe and Asia-Pacific. Brambles, Palletone, Pooling Partners, PGS and Millwood are the key manufacturers of industry, and Brambles had more than 45Percent market share.

Global Wood Pallet Scope and Segment

Wood Pallet market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Wood Pallet market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2031.

What are the factors driving the growth of the Wood Pallet Market?

Growing demand for below applications around the world has had a direct impact on the growth of the Wood Pallet

  • Logistics & Transportation
  • Manufacturing Enterprise
  • Others

What are the types of Wood Pallet available in the Market?

Based on Product Types the Market is categorized into Below types that held the largest Wood Pallet market share In 2024.

  • ISO Standard Wood Pallet
  • US Standard Wood Pallet
  • Europe Standard Wood Pallet
  • Others

Which regions are leading the Wood Pallet Market?

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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This Wood Pallet Market Research/Analysis Report Contains Answers to your following Questions

  • What are the global trends in the Wood Pallet market? Would the market witness an increase or decline in the demand in the coming years?
  • What is the estimated demand for different types of products in Wood Pallet? What are the upcoming industry applications and trends for Wood Pallet market?
  • What Are Projections of Global Wood Pallet Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • Where will the strategic developments take the industry in the mid to long-term?
  • What are the factors contributing to the final price of Wood Pallet? What are the raw materials used for Wood Pallet manufacturing?
  • How big is the opportunity for the Wood Pallet market? How will the increasing adoption of Wood Pallet for mining impact the growth rate of the overall market?
  • How much is the global Wood Pallet market worth? What was the value of the market In 2020?
  • Who are the major players operating in the Wood Pallet market? Which companies are the front runners?
  • Which are the recent industry trends that can be implemented to generate additional revenue streams?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Wood Pallet Industry?

Wood Pallet Market - Covid-19 Impact and Recovery Analysis:

We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. This document analyzes the effect of the pandemic on the Wood Pallet market from a international and nearby angle. The document outlines the marketplace size, marketplace traits, and market increase for Wood Pallet industry, categorised with the aid of using kind, utility, and patron sector. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Report moreover done a pestel evaluation within the business enterprise to study key influencers and boundaries to entry.

Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. In addition, we're constantly inclined to conform with the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective.

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Wood Pallet Industry.

Detailed TOC of Global Wood Pallet Market Research Report, 2024-2031

1 Market Overview 1.1 Product Overview and Scope of Wood Pallet 1.2 Classification of Wood Pallet by Type 1.2.1 Overview: Global Wood Pallet Market Size by Type: 2017 Versus 2021 Versus 2031 1.2.2 Global Wood Pallet Revenue Market Share by Type in 2021 1.3 Global Wood Pallet Market by Application 1.3.1 Overview: Global Wood Pallet Market Size by Application: 2017 Versus 2021 Versus 2031 1.4 Global Wood Pallet Market Size and Forecast 1.5 Global Wood Pallet Market Size and Forecast by Region 1.6 Market Drivers, Restraints and Trends 1.6.1 Wood Pallet Market Drivers 1.6.2 Wood Pallet Market Restraints 1.6.3 Wood Pallet Trends Analysis

2 Company Profiles 2.1 Company 2.1.1 Company Details 2.1.2 Company Major Business 2.1.3 Company Wood Pallet Product and Solutions 2.1.4 Company Wood Pallet Revenue, Gross Margin and Market Share (2019, 2020, 2021 and 2024) 2.1.5 Company Recent Developments and Future Plans

3 Market Competition, by Players 3.1 Global Wood Pallet Revenue and Share by Players (2019,2020,2021, and 2024) 3.2 Market Concentration Rate 3.2.1 Top3 Wood Pallet Players Market Share in 2021 3.2.2 Top 10 Wood Pallet Players Market Share in 2021 3.2.3 Market Competition Trend 3.3 Wood Pallet Players Head Office, Products and Services Provided 3.4 Wood Pallet Mergers and Acquisitions 3.5 Wood Pallet New Entrants and Expansion Plans

4 Market Size Segment by Type 4.1 Global Wood Pallet Revenue and Market Share by Type (2017-2024) 4.2 Global Wood Pallet Market Forecast by Type (2024-2031)

5 Market Size Segment by Application 5.1 Global Wood Pallet Revenue Market Share by Application (2017-2024) 5.2 Global Wood Pallet Market Forecast by Application (2024-2031)

6 Regions by Country, by Type, and by Application 6.1 Wood Pallet Revenue by Type (2017-2031) 6.2 Wood Pallet Revenue by Application (2017-2031) 6.3 Wood Pallet Market Size by Country 6.3.1 Wood Pallet Revenue by Country (2017-2031) 6.3.2 United States Wood Pallet Market Size and Forecast (2017-2031) 6.3.3 Canada Wood Pallet Market Size and Forecast (2017-2031) 6.3.4 Mexico Wood Pallet Market Size and Forecast (2017-2031)

7 Research Findings and Conclusion

8 Appendix 8.1 Methodology 8.2 Research Process and Data Source 8.3 Disclaimer

9 Research Methodology

10 Conclusion

Continued….

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Wood Pallet Market 2024 : Current and Future Growth Analysis | 2031 (2024)

FAQs

Wood Pallet Market 2024 : Current and Future Growth Analysis | 2031? ›

The Global Wood Pallet market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

What is the outlook for the wood pallet industry? ›

“According to the latest research study, the demand of global Wood Pallets Market size & share was valued at approximately USD 14.3 Billion in 2023 and is expected to reach USD 15.6 Billion in 2024 and is expected to reach a value of around USD 21.2 Billion by 2033, at a compound annual growth rate (CAGR) of about 4.6% ...

Are pallet prices going down? ›

PPI information shows that wood pallet prices dropped from an index level of 222.2 in January 2023 to 194 in January 2024, a decrease of 12.69% (See graph below). The rate of decrease has continued to flatten, falling another 2.27% between January and April 2024.

Are wooden pallets in demand? ›

Demand has increased

The demand for wooden pallets is increasing. In 2021, 101.3 million EPAL wooden europallets were newly produced, with a total number of repaired and produced pallets of 123.5 million. This is a record number. In 2020, there were 123.5 million, of which 97.3 million were newly produced pallets.

What is the pallet industry trend? ›

Pallets Market Analysis

The Pallets Market size is estimated at USD 95.31 billion in 2024, and is expected to reach USD 118.03 billion by 2029, growing at a CAGR of 4.37% during the forecast period (2024-2029). Surging demand for plastic pallets across industry verticals is expected to drive the market.

What is the future of wooden pallets? ›

The Global Wood Pallet market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Is there a wooden pallet shortage? ›

Since the onset of the pandemic, supply chains have been plagued with material, fuel, and labor shortages – it is no surprise they are experiencing an acute wood pallet shortage as well.

Is pallet selling profitable? ›

And while scaling their side hustle would require more organization on their part, Jamie says people can definitely make a full-time income flipping pallets. You might not make $20k a month when you start out, but a couple extra bucks a month could make a huge impact on your life. “I think it's significant.

What is the problem with pallets? ›

The Not-So-Good

This means that it's highly susceptible to issues with fungus and pests. It can also present a safety hazard if splintered wood or rusted nails are present. Those who use wooden pallets must have a cool, dry place to store them to minimize the likelihood of pest or moisture problems.

What pallets are worth the most money? ›

Pallet size will (usually) have the most impact on the value of your load when selling pallets. Industry standard sizes, such as the 48×40 pallet used in grocery stores or the 48×45 pallet used in automotive, will hold a higher value than odd-size or custom sized pallets.

How big is the wood pallet market? ›

The global wood pallets market size was estimated at USD 13.90 billion in 2022 and is expected to grow at a compound annual growth rate(CAGR) of 4.5% from 2023 to 2030.

What pallets to avoid? ›

Pallets with an MB stamp have been treated with a highly toxic pesticide which can be necessary in certain regions of the world where there are pests that can't be eliminated by heat treatments.

What is the outlook for the pallet industry? ›

The global pallets market size was estimated at USD 66 billion in 2022 and is expected to hit around USD 110.09 billion by 2032 and is poised to grow at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2032.

Who is the biggest pallet network? ›

TPN is the largest pallet network by Partner volume and manages in excess of 100,000 pallets a week.

What is the most popular pallet? ›

More than 30% of pallets produced in the U.S. each year are GMA pallets. The next most common pallet dimensions are 42” x 42” and 48” x 48” respectively.

What is the outlook for the wood products market? ›

Wood Products Outlook

The wood products industry has better news. Globally, the market grew from $697 billion in 2022 to $748 billion in 2023. It is expected to grow at an annual rate of 6.6% to $664 billion in 2027.

Is pallet manufacturing profitable? ›

(800 million pallets are manufactured and sold annually in the U.S.) First year projected market share of 0.15% is expected to bring net profits of $8 million (before taxes), and 0.75% of the market share in year five is projected to bring net profits of $66 million.

What is the outlook for the wood furniture industry? ›

The global wood furniture market size reached US$ 275.7 Billion in 2023 and is projected to reach US$ 413.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.61% during 2023-2032. The global market is primarily driven by the escalating demand for wood furniture materials in residential applications.

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