Global Wood Pallet Market Growth 2023-2029

Global Wood Pallet Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Wood Pallet Industry Forecast” looks at past sales and reviews total world Wood Pallet sales in 2022, providing a comprehensive analysis by region and market sector of projected Wood Pallet sales for 2023 through 2029. With Wood Pallet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wood Pallet industry.

This Insight Report provides a comprehensive analysis of the global Wood Pallet landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wood Pallet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wood Pallet market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wood Pallet and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wood Pallet.

The global Wood Pallet market size is projected to grow from US$ 8118 million in 2022 to US$ 10790 million in 2029; it is expected to grow at a CAGR of 10790 from 2023 to 2029.

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

This report presents a comprehensive overview, market shares, and growth opportunities of Wood Pallet market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

ISO Standard Wood Pallet

US Standard Wood Pallet

Europe Standard Wood Pallet

Others

Segmentation by application

Logistics & Transportation

Manufacturing Enterprise

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

CHEP

PalletOne

Kamps Pallets

Inka-paletten

Pooling Partners

Falkenhahn AG

PECO

John Rock

Millwood

United Pallet Services

Pacific Pallet

Brambles

PGS

PKF/Post

Key Questions Addressed in this Report

What is the 10-year outlook for the global Wood Pallet market?

What factors are driving Wood Pallet market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Wood Pallet market opportunities vary by end market size?

How does Wood Pallet break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.