The North America pallet market size reached 3.0 Billion Units in 2022. Looking forward, the publisher expects the market to reach 3.8 Billion Units by 2028, exhibiting a CAGR of 4.02% during 2022-2028.
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.
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.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the North America pallet market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on type, application and structural design.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 has been the impact of COVID-19 on 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?
Table of Contents
1 Preface2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Pallet Market
5.1 Market Performance
5.2 Market Breakup by Type
5.3 Market Breakup by Application
5.4 Market Breakup by Structural Design
5.5 Market Breakup by Region
5.6 Market Forecast
6 North America Pallet Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Pallet Market: Breakup by Type
7.1 Wood
7.2 Plastic
7.3 Metal
7.4 Corrugated Paper
8 North America Pallet Market: Breakup by Application
8.1 Food and Beverages
8.2 Chemicals and Pharmaceuticals
8.3 Machinery and Metal
8.4 Construction
8.5 Others
9 North America Pallet Market: Breakup by Structural Design
9.1 Block
9.2 Stringer
9.3 Others
10 North America Pallet Market: Breakup by Country
10.1 United States
10.1.1 Historical Market Trends
10.1.2 Market Breakup by Type
10.1.3 Market Breakup by Application
10.1.4 Market Breakup by Structural Design
10.1.5 Market Forecast
10.2 Canada
10.2.1 Historical Market Trends
10.2.2 Market Breakup by Type
10.2.3 Market Breakup by Application
10.2.4 Market Breakup by Structural Design
10.2.5 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
12.1 Overview
12.2 Research and Development
12.3 Raw Material Procurement
12.4 Manufacturing
12.5 Marketing
12.6 Distribution and Export
12.7 End-Use
13 Porter’s Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Rivalry
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
List of Figures
Figure 1: North America: Pallet Market: Major Drivers and Challenges
Figure 2: Global: Pallet Market: Sales Volume (in Billion Units), 2017-2022
Figure 3: Global: Pallet Market: Breakup by Type (in %), 2022
Figure 4: Global: Pallet Market: Breakup by Application (in %), 2022
Figure 5: Global: Pallet Market: Breakup by Structural Design (in %), 2022
Figure 6: Global: Pallet Market: Breakup by Region (in %), 2022
Figure 7: Global: Pallet Market Forecast: Sales Volume (in Billion Units), 2023-2028
Figure 8: North America: Pallet Market: Sales Volume (in Billion Units), 2017-2022
Figure 9: North America: Pallet Market Forecast: Sales Volume (in Billion Units), 2023-2028
Figure 10: North America: Pallet Market: Breakup by Type (in %), 2022
Figure 11: North America: Pallet (Wood) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 12: North America: Pallet (Wood) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 13: North America: Pallet (Plastic) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 14: North America: Pallet (Plastic) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 15: North America: Pallet (Metal) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 16: North America: Pallet (Metal) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 17: North America: Pallet (Corrugated Paper) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 18: North America: Pallet (Corrugated Paper) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 19: North America: Pallet Market: Breakup by Application (in %), 2022
Figure 20: North America: Pallet (Food and Beverages) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 21: North America: Pallet (Food and Beverages) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 22: North America: Pallet (Chemicals and Pharmaceuticals) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 23: North America: Pallet (Chemicals and Pharmaceuticals) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 24: North America: Pallet (Machinery and Metal) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 25: North America: Pallet (Machinery and Metal) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 26: North America: Pallet (Construction) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 27: North America: Pallet (Construction) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 28: North America: Pallet (Other Applications) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 29: North America: Pallet (Other Applications) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 30: North America: Pallet Market: Breakup by Structural Design (in %), 2022
Figure 31: North America: Pallet (Block) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 32: North America: Pallet (Block) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 33: North America: Pallet (Stringer) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 34: North America: Pallet (Stringer) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 35: North America: Pallet (Other Structural Designs) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 36: North America: Pallet (Other Structural Designs) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 37: North America: Pallet Market: Breakup by Country (in %), 2022
Figure 38: United States: Pallet Market: Sales Volume (in Million Units), 2017-2022
Figure 39: United States: Pallet Market: Breakup by Type (in %), 2022
Figure 40: United States: Pallet Market: Breakup by Application (in %), 2022
Figure 41: United States: Pallet Market: Breakup by Structural Design (in %), 2022
Figure 42: United States: Pallet Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 43: Canada: Pallet Market: Sales Volume (in Million Units), 2017-2022
Figure 44: Canada: Pallet Market: Breakup by Type (in %), 2022
Figure 45: Canada: Pallet Market: Breakup by Application (in %), 2022
Figure 46: Canada: Pallet Market: Breakup by Structural Design (in %), 2022
Figure 47: Canada: Pallet Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 48: North America: Pallet Industry: SWOT Analysis
Figure 49: North America: Pallet Industry: Value Chain Analysis
Figure 50: North America: Pallet Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: North America: Pallet Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Pallet Market Forecast: Breakup by Type (in Million Units), 2023-2028
Table 3: North America: Pallet Market Forecast: Breakup by Application (in Million Units), 2023-2028
Table 4: North America: Pallet Market Forecast: Breakup by Structural Design (in Million Units), 2023-2028
Table 5: North America: Pallet Market Forecast: Breakup by Country (in Million Units), 2023-2028
Table 6: North America: Pallet Market: Competitive Structure
Table 7: North America: Pallet Market: Key Players
Methodology
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