In addition, the replacement of poor quality pallets with newer units resulted in a marginal increase in aggregate stock levels during this time. Demand for plastic pallets will grow the fastest of any product type in most national markets through When production activity and shipments fell during the economic recession, pallet users had a significant number of pallets sitting idle and opted to utilize the pallets on hand to satisfy product handling requirements, purchasing pallets only when absolutely necessary.
Further growth in the the wood pallet stock will provide more sales opportunities for refurbished pallets. Warehousing, construction markets to grow fastest Manufacturing will remain the largest market for pallets in Wood strikes a balance between low cost and high durability and is suitable for use in most applications.
A complete brochure for this Freedonia research is available for download. Metal pallets, which make up the smallest share of pallet unit sales, will continue to be used in settings where there is a need to carry extremely heavy items or to transport products such as chemicals, which can damage other pallet materials.
In addition, plastic has a significantly longer lifespan than wood and can be completely recycled. Wood strikes a balance between low cost and high durability and is suitable for use in most applications. Such rapid gains will be bene-ficial to suppliers of refurbished pallets as many of the units that were purchased new in recent years will be repaired and resold as refurbished pallets.
Plastic pallets can be easily cleaned, lending themselves to use with food, beverages, and other products where contamination must be minimized. A complete brochure for this Freedonia research is available for download.
US demand to rise 1. Description US pallet stock to reach 2. Metal pallets, which make up the smallest share of pallet unit sales, will continue to be used in settings where there is a need to carry extremely heavy items or to transport products such as chemicals, which can damage other pallet materials.
On the other hand, materials such as plastic and metal, which account for substantially smaller shares of pallet unit demand, will record stronger market gains. It presents historical demand dataand and forecasts and by material wood, plastics, corrugated paper, and metalmarket e.
When manufacturing activity fell during the economic recession, a significant number of pallets sat idle. However, the warehousing and construction markets will post faster growth.
However, the warehousing and construction markets will post more rapid growth. However, because wood already accounts for such a large share of the total pallet market, opportunities for additional growth will be limited through Plastic is becoming particularly important in the food and beverage and pharmaceutical industries because of its resistance to insects, fungi, and other types of biological infestation.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 43 industry competitors, including PalletOne, Universal Forest Products, and Sonoco. The warehousing market will register the largest advances in unit terms due to both higher industry activity and increased use of pallet management service firms.
The study also considers key market environment factors, evaluates company market share, and profiles 42 US industry players such as PalletOne, Rehrig Pacific, Universal Forest Products and Sonoco Products.
When the economy recovered, users began to re-place these pallets in disrepair with new units, resulting in pallet demand gains of nearly nine percent per annum between and Study coverage Details on these and other key findings are contained in Pallets, a Freedonia industry study which presents historical demand dataand plus forecasts and by material, product, market, and US region.
Demand for new and refurbished pallets will grow at similar rates through Demand will advance 6. Demand growth will be spurred by a pickup in manufacturing activity -- especially in large, mature regional markets -- as well as by a shift in the product mix toward higher-priced plastic pallets.
The number of pallets in use will expand at a 4. In addition, plastic has a significantly longer lifespan than wood and can be completely recycled when taken out of service, which is an added benefit for users.
Stock growth will be fueled by a larger global economy requiring more pallets to accommodate greater shipping requirements, as well as increased utilization of pallets in developing markets.
Plastic pallets to lead gains, wood to remain dominant The vast majority of pallets are constructed using wood or plastic, but they can also be made from metal and corrugated paper.
Further growth in the overall size of the wood pallet stock will provide additional sales opportunities for refurbished pallets. In these nations, pallet utilization is typically low relative to the size of their manufacturing, warehousing, and construction sectors.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 51 industry players, including Schoeller Allibert, PalletOne and CHEP.
This lowered the overall quality of pallet stocks, as pallets were not repaired or replaced at normal intervals. It presents historical demand data forandand forecasts for and by product e.
This follows a period that saw new pallet sales more than double from a low base, as new pallets were pur-chased to replace pallets in disrepair that remained in use during the economic recession.Research Beam adds a report titled “Pallet Market in Europe ” that provides detailed information of the Pallet Market in ultimedescente.com report is an excellent piece of study for investors who are looking towards the market.
The key vendors in the Pallet market in Europe are CHEP EMEA, Groupe Palettes Gestion Services, Rehrig Pacific Co., Schoeller Allibert and SSI Schaefer Systems International Inc. Pallet Market in Europe 1. TechNavio Insights Pallet Market in Europe 2.
USA – CANADA – UK – CHINA – INDIA Market Overview: Pallet About Pallet • A pallet is a flat panel that supports goods during transportation. Construction Market for Pallets.
Pallet Demand in Other Markets. REGIONS. US Population by Region. Publication Length Pages Publication Price CHART II-2 WORLD MARKET FOR PALLETS, ; Western Europe Western Europe.
$. TechNavio's report, Pallet Market in Europehas been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the Pallet market landscape in Europe and its growth prospects in the coming years. from Feb Publication Length Pages. Table of Contents. Individual Pallet Demand by Product & Market. Eastern Europe: Pallet Supply & Demand.
Eastern Europe: Pallet Demand by Product & Market. Russia: Pallet Supply & Demand World Pallets World Pallets. $6, 1 INTRODUCTION INTRODUCTION. $ 2 EXECUTIVE SUMMARY EXECUTIVE.Download