Press release
Wood Pallet Industry Is Supposed To Grow At a CAGR of 6.0% from 2018 - QY Research
For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
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. First, as for the global residential Wood Pallet industry, the industry concentration rate is relatively dispersed. The top 5 manufacturers have 58.69% sales revenue market share in 2016. The CHEP which has 42.07% market share in 2016, is the leader in the Wood Pallet industry.
The manufacturers following CHEP are PalletOne and Kamps Pallets, which respectively has 7.17% and 2.47% market share globally. Second, as for the Wood Pallet market, it will still show slow growth, and technological trends in the market will stay stable. In 2018, the global Wood Pallet market size was 9230 million US$ and is forecast to 14700 million US in 2025, growing at a CAGR of 6.0% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Wood Pallet.
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This report includes the following manufacturers; we can also add the other companies as you want.
CHEP
PalletOne
Kamps Pallets
Inka-paletten
Pooling Partners
Falkenhahn AG
PECO
John Rock
Millwood
Pacific Pallet
Market Segment by Product Type
Asia Standard Wood Pallet
US Standard Wood Pallet
Europe Standard Wood Pallet
Market Segment by Application
Logistics & Transportation
Manufacturing Enterprise
Market size split by Region
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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