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The demand for pallets in the United States can be attributed to the rising demand from the food and beverage industry. During the pandemic, pallets were also utilised to complete orders of groceries, cleaning, and medical products. The delivery of essential items through online channels from established hypermarkets like Walmart sustained the market growth for pallet in the country.
Additionally, the United States market is expected to exhibit a significant growth with the introduction of government initiatives to promote the use of recycled and reusable plastic pallets and domestically produced pallets. Moreover, construction activities are expected to increase, which, in turn, is projected to expand the market for steel and plastic pallets, thus, projected to add to the market growth.
United States Pallet Market Size
United States Pallet Market Share
United States Pallet Market Growth
United States Pallet Market Trends
United States Pallet Market Regional Analysis
United States Pallet Manufacturers
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 United States
7 Opportunities and Challenges in the Market
8 United States Pallet Market Analysis
8.1 Key Industry Highlights
8.2 United States Pallet Historical Market (2018-2023)
8.3 United States Pallet Market Forecast (2024-2032)
8.4 United States Pallet Market by Type
8.4.1 Wood
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Plastic
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Metal
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Corrugated Paper
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 United States Pallet Market by Structural Design
8.5.1 Block
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Stringer
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Others
8.6 United States Pallet Market by Application
8.6.1 Food and Beverages
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Chemicals and Pharmaceuticals
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Machinery and Metal
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Construction
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Agriculture
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 United States Pallet Market by Region
8.7.1 New England
8.7.2 Mideast
8.7.3 Great Lakes
8.7.4 Plains
8.7.5 Southeast
8.7.6 Southwest
8.7.7 Rocky Mountain
8.7.8 Far West
9 Regional Analysis
9.1 New England
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Mideast
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Great Lakes
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Plains
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Southeast
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.6 Southwest
9.6.1 Historical Trend (2018-2023)
9.6.2 Forecast Trend (2024-2032)
9.7 Rocky Mountain
9.7.1 Historical Trend (2018-2023)
9.7.2 Forecast Trend (2024-2032)
9.8 Far West
9.8.1 Historical Trend (2018-2023)
9.8.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Millwood, Inc.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Anderson Pallet and Crate Inc.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 TMF Corporation
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Orbis Corporation
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Kamps Inc.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Palletone Inc.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 John Rock, Inc.
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.7 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. United States Pallet Market: Key Industry Highlights, 2018 and 2032
2. United States Pallet Historical Market: Breakup by Type (Million Unit), 2018-2023
3. United States Pallet Market Forecast: Breakup by Type (Million Unit), 2024-2032
4. United States Pallet Historical Market: Breakup by Structure Design (Million Unit), 2018-2023
5. United States Pallet Market Forecast: Breakup by Structure Design (Million Unit), 2024-2032
6. United States Pallet Historical Market: Breakup by Application (Million Unit), 2018-2023
7. United States Pallet Market Forecast: Breakup by Application (Million Unit), 2024-2032
8. United States Pallet Historical Market: Breakup by Region (Million Unit), 2018-2023
9. United States Pallet Market Forecast: Breakup by Region (Million Unit), 2024-2032
10. United States Pallet Market Structure
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 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.
The United States pallet market attained a value of USD 25,494.90 million in 2023, driven by the rise in the demand from established e-commerce websites like Amazon. Aided by the production of domestically produced and sustainable pallets, the market is expected to grow at a CAGR of 4.5% during the forecast period of 2024-2032 to reach a value of USD 37,727.40 million by 2032.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. On the basis of type, the market is segmented into wood, plastic, metal, and corrugated paper. By application, the market is divided into food and beverage, chemicals and pharmaceuticals, machinery and metal, construction, and agriculture, among others. On the basis of structural design, the industry is bifurcated into block and stringer, among others. The EMR report looks into the New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West regions for the United States market of pallet. The key players in the industry are Millwood, Inc., Anderson Pallet and Crate Inc., TMF Corporation, Orbis Corporation, Kamps Inc., Palletone Inc., John Rock, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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