Top 7 Companies Dominating the United States Pallet Market

The United States pallet market size 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. As per the analysis by Expert Market Research, the market is expected to be driven by the expansion of the logistics and warehousing sector.

Pallets are being widely used for keeping and handling unit loads. There is a presence of various kinds of pallets in the market including wooden pallet, bamboo pallet, multi-layer pallet, plastic pallet, steel pallet, paper pallet, presswood pallets, etc. Pallets are essential components in storing and warehousing facilities as they prevent damage to the product and protect the goods in the facilities.

Furthermore, there is a growing trend of eco-friendly pallets such as recycled or reusable pallets aiding the United States pallet market growth. The growing trend follows the rising importance of sustainable business practices aimed at reducing carbon footprints and minimizing waste.

The expansion of the e-commerce sector in the United States is increasing the requirement for pallets for storing purposes. The significant proliferation of e-commerce is reshaping the various aspects of the logistics sector, including a surge in pallet management and demand. The expansion of e-commerce also is necessitating a robust infrastructure, particularly in warehousing and pallet usage, to keep up with the increasing volume of online transactions. As of Q1 2024, e-commerce sales in the United States amounted to USD 289.20 billion accounting for 15.9% of all retail sales in the country.

As per the United States pallet market analysis, the United States is witnessing a growing number of warehouses, supported by the expansion of the e-commerce and logistics sector. In 2020, 190 million sq ft of warehousing space was under construction.  As of 2024, the United States has the presence of around 15.5 billion square feet of warehouse spaces.

Figure: United States E-Commerce Sales Growth (2015-2023): USD Billion

In August 2024, KraftPal Technologies launched its first U.S. paper pallet production facility in Ontario, California. The pallet production facility is equipped with Palletonator,” a fully automated machine, capable of manufacturing up to 1.5 million corrugated cardboard pallets on an annual basis.

In June 2024, Millwood, Inc., a leading provider of pallet and packaging solutions in the U.S partnered with Pasadena Skid & Pallet in Pasadena, TX. The partnership will enable Pasadena Skid & Pallet and Millwood to expand their offerings to Texas

Top 7 Pallet Companies in the United States:

Millwood, Inc.

Millwood Inc specialises in pallets lumber, shrink film, crates, stretch film, stretch wrappers, material handling and ergonomics. The company’s leading product brand, Liberty Technologies, provides packaging consumables and material handling systems. The company provides new pallets, recycled pallets and alternative pallets such as plastic and metal pallet. The new pallets include Stringer Pallets Block Pallets and Engineered Molded Wood Pallets.

Anderson Pallet and Crate Inc.

Anderson Pallet and Crate Inc provides heat treated wood products such as wood pallets and wood crates. The company offers packaging solutions for various industries including electronics, beverages, machinery and construction materials, among several others. The company provides custom crates, wooden pallets, and custom wood boxes, made according to the customers requirements.

TMF Corporation

TMF Corporation is engaged in the manufacturing and distributing quality American made plastic containers. The company’s pallet range includes PROTECH pallets, rackable pallets, drum pallets, long term use / warehouse pallets, oversized pallets, closed loop / captive pallets, fire retardant pallets, shipping pallets, solid & smooth top pallets, edge one-piece / easy clean pallets, metric pallets, automotive industry pallets, one way pallets, and square pallets.

Orbis Corporation

Orbis Corporation, a subsidiary of Menasha Corporation is engaged in the manufacture of reusable plastic containers, pallets, dunnage and bulk systems. The products and services of the company include plastic containers, pallets, metal packs, bulk containers, mobile and merchandising, services, custom packaging, dunnage, reusable corrugated boxes, waste and recycling containers. The company provides its solutions to industries such as agriculture, automotive, dairy, automated systems, bakery, pharmaceutical, meat and poultry, etc.

Kamps Inc

Kamps Pallets is a pallet company providing innovative pallet and packaging solutions across the United States. The company provides wood pallets, heat-treated pallets, recycled pallets, new pallets, and wooden shipping boxes and crates. The heat-treated pallets are of high quality adhering to ISPM-15 standards. Kamps buy and sell pallets across 400 locations in the United States.

Palletone Inc

PalletOne Inc., a UFP packaging company is a renowned asset-based pallet manufacturer. The company provides pallets such as New Custom Pallets, HT Pallets, CP Pallets, GMA pallets, automotive pallets, system pallets, wood skids, and repaired / reman pallets. The company has a processing capacity of over 200 million board feet annually. PalletOne own and operate pallet manufacturing facilities and sawmills throughout the eastern United States.

John Rock, Inc

John Rock is considered the largest single-location manufacturers of pallets and crates in the United States. The company has over 300,000 sq. ft. facility in Coatesville, PA, with nine automated nailing machines capable of manufacturing more than 120,000 pallets a week. The company treats between 12,000-16,000 pallets a day, which complies with ISPM 15. The manufacturing plant has five sawing lines that cut 1 million board feet of lumber per week along with 100,000 sq. ft. of indoor warehouse space.