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Report Overview
The United States pallet market reached a value of USD 25,494.90 million in 2023. The market is further expected to grow at a CAGR of 4.5% during the forecast period of 2024-2032 and to reach a value of USD 37,727.40 million by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
United States pallet market players invest in advanced technologies and also widen their product portfolio. Indeed, companies are increasingly integrating automation and smart pallets with IoT into their offering to optimise productivity and tracking. United States pallet companies are looking increasingly towards other environmentally-friendly materials like recycled plastics and composites owing to rising demand. Strategic acquisitions and entering new markets are other ways through which companies enhance their growth and reach out to more markets.
Key Market Players
Key industry leaders in this market are:
Anderson Pallet and Crate Inc. was founded in 1982 and is headquartered in Sedalia, Colorado. The company provides a wide range of packaging solutions, including wooden pallets, skids, boxes, and crates. In addition to their packaging products, the company also offers shipping services, custom crate work, and specialises in heavy machinery creating for local, nationwide, and overseas shipping.
Millwood, Inc. was founded in 1965 and is headquartered in Vienna, Ohio. The company provides a wide range of packaging products and services, including wooden pallets and crates, lumber, stretch film, erosion control products, and packaging systems and services.
John Rock, Inc. is headquartered in Coatesville, Pennsylvania and is one of the largest single location manufacturers of pallets and crates in the United States. The company operates a 300,000 sq. ft. facility with automated nailing machines, heat treating kilns, and sawing lines to produce high quality pallets and crates.
PalletOne Inc. was founded in 2001 and is headquartered in Florida, United States. The company has over 90 company-owned wood packaging and pallet manufacturing operations across the U.S. It manufactures new pallets, provides pallet repair programs, recycles used pallets, and offers a variety of other wood products.
Other key players in the United States pallet market report include TMF Corporation, Orbis Corporation, and Kamps Inc. among others.
United States Pallet Market Report Snapshots
United States Pallet Market Size
United States Pallet Market Share
United States Pallet Market Growth
United States Pallet Market Trends
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 25,494.90 million.
The market is projected to grow at a CAGR of 4.5% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 37,727.40 million by 2032.
The rising demand for pallets in the food and beverage sector, the growing requirement for maintaining organised systems of logistics, and the surging use of plastic pallets in diverse end-use sectors are the major market drivers.
The robust growth of the warehousing sector, increasing R&D activities in the manufacturing of pallets, and the rising demand for pallets from the pharmaceutical sector are the key trends propelling the market growth.
Regions considered in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The leading types of pallets in the market are wood, plastic, metal, and corrugated paper.
Food and beverages, chemicals and pharmaceuticals, machinery and metal, construction, and agriculture, among others, are the major applications of pallet.
The different segments based on the structural design of the pallet are block and stringer, among others.
Key players in the market are Millwood, Inc., Anderson Pallet and Crate Inc., TMF Corporation, Orbis Corporation, Kamps Inc., Palletone Inc., and John Rock, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124