North America Pallet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The North America pallet market reached a volume of 2.58 Billion units in 2018. Pallets are portable, horizontal platforms that are employed for stacking, storing and transporting goods. They are generally made up of wood, plastic or fiberboard, and can be categorized into block and stringer pallets depending on their size and configuration. They act as a stable base for products during handling, and provide portability, storage space and high strength. Owing to this, pallets are widely utilized in material handling across several sectors such as machinery, food and beverage, construction, chemical and pharmaceutical.

North America presently represents one of the largest markets owing to the rising demand for pallets in the pharmaceutical industry. This can also be attributed to the increasing prevalence of lifestyle diseases such as obesity and diabetes in the region. Pallets are utilized in the pharmaceutical sector on account of the assistance offered in reducing product contamination. Apart from this, the rising demand for pallets in well-developed industries, such as food and beverage, construction and electronics, is also fueling the growth of the market. Looking forward, the publisher expects the market to reach a volume of 3.23 Million units by 2024, registering a CAGR of 3.8% during 2019-2024.

Report Scope:

North America Pallet Market

Key Regions Analysed
United States
Canada

Analysis for Each Country

Market by Type
Wood
Plastic
Metal
Corrugated Paper

Market by Application
Food and Beverages
Chemicals and Pharmaceuticals
Machinery and Metal
Construction
Others

Market by Structural Design
Block
Stringer
Others

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles

Key Questions Answered in This Report:

• How has the North America pallet market performed so far and how will it perform in the coming years?
• What are the key regions in the North America pallet market?
• What is the breakup of the North America pallet market on the basis of type?
• What is the breakup of the North America pallet market on the basis of application?
• What is the breakup of the North America pallet market on the basis of structural design?
• What are the various stages in the value chain of the North America pallet industry?
• What are the key driving factors and challenges in the North America pallet industry?
• What is the structure of the North America pallet industry and who are the key players?
• What is the degree of competition in the North America pallet industry?
• What are the profit margins in the North America pallet industry?

Report Coverage:

Base Year Considered: 2018
Historical Data Coverage: 2013-2018
Market Forecast: 2019-2024
Geography Covered: North America, United States and Canada
Segments Covered: Type, Application and Structural Design

Report Customization: Although the publisher has tried to cover everything in the North America pallet market landscape, the publisher believes that every stakeholder may have their own specific needs. In view of this, the publisher provides up to 20-man hours of free customization for each report.