Pallet Market In The US To Grow at a CAGR of 2.2% over 2016-2020

MarketResearchReports.Biz has announced addition of new report "Pallet Market In The US 2016-2020" to its database

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

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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?


Categories: Heavy Machinery, Market