United States Pallet Market Outlook

Pallets are horizontal, flat-bladed transportation platform that is employed in several supply chain operations to stack, protect, and transport multiple consumer goods. They are manufactured from wood, plastic, metal, and corrugated paper that can be easily handled and moved around with forklifts, pallet jacks, or conveyors.

The United States pallet market is expected to exhibit stable growth during 2021-2026.

As compared to conventional containers, such as plastic wraps and cardboard boxes, they are more durable, stable, and relatively stronger, and allows users to stack heavy objects on pallets without risking damage. As a result, they are frequently used in product logistics, warehouses, industrial producers, and manufacturers to ship or transport multiple commercial goods worldwide.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

United States Pallet Market Trends:

The increasing demand for specialized logistic support services across various industries is primarily driving the market toward growth in the United States. Furthermore, the significant expansion in the e-commerce sector and the increasing need for energy-efficient material handling equipment, such as multiple trip pallets, to improve operational effectiveness is favoring the market growth.

Additionally, the enforcement of green initiatives by the Federal Government of the United States has prompted manufacturers to design recyclable plastic pallets to reduce packaging waste in landfills. Moreover, the extensive uptake of wood for product production, owing to its multiple benefits, including high strength and repairability, is propelling the market growth. Besides this, the integration of radio-frequency identification (RFID) chips to track or trace the products and ongoing research and development (R&D) activities to engineer product variants with enhanced efficacy are supporting the market growth.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Key Market Segmentation:

The report has categorized the market based on type, application and structural design.

Breakup by Type:

  • Wood
  • Plastic
  • Metal
  • Corrugated Paper

Breakup by Application:

  • Food and Beverages
  • Chemicals and Pharmaceuticals
  • Machinery and Metal
  • Construction
  • Others

Breakup by Structural Design:

  • Block
  • Stringer
  • Others

Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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Key highlights of the report:                                                    

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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