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Report

North America Pallet Market Report and Forecast 2023-2028

Market Report I 2023-04-03 I 140 Pages I EMR Inc.

North America Pallet Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the North America pallet market attained a value of USD 24792 million in 2022. Aided by the increasing demand for efficient and sustainable material handling solutions in the region, the market is projected to further grow at a CAGR of 5.0% between 2023 and 2028 to reach a value of USD 33150.37 million by 2028.
Pallets are flat, horizontal structures used for the transportation and storage of goods. They are designed to support various loads and can be easily moved by forklifts, pallet jacks, or other material handling equipment. In the North America pallet market, there is a growing demand for efficient and sustainable material handling solutions, which is driving the growth of the market. Pallets offer numerous benefits, such as reduced product damage, improved operational efficiency, and lower labour costs, making them an integral part of the supply chain management process.
The growth of the North America pallet market can be attributed to the increasing demand for efficient material handling solutions in various industries, such as manufacturing, warehousing, retail, and logistics. Pallets enable the easy movement and storage of goods, leading to enhanced operational efficiency and cost savings. As businesses across the region continue to expand, the need for efficient material handling solutions is expected to rise, thereby driving the demand for pallets.
The increasing focus on sustainability and the need to reduce the carbon footprint in various industries are propelling the growth of the pallet market in North America. Pallets made from eco-friendly materials, such as wood and plastic, help minimise environmental impact and reduce waste. Moreover, the adoption of reusable and recyclable pallets is further supporting the market growth. The North America pallet market is experiencing significant technological advancements and innovations. These advancements include the development of lightweight and durable pallets, radio frequency identification (RFID) technology integration, and smart pallets that offer real-time tracking and monitoring capabilities. These innovations are expected to enhance the efficiency of pallet usage and contribute to market growth.
The rapid growth of the e-commerce sector in North America is another key driver for the pallet market. E-commerce businesses require efficient material handling solutions for storage, packaging, and transportation of goods. The increasing demand for pallets in the e-commerce industry is expected to boost the North America pallet market growth in the coming years.
Market Segmentation?
The market can be divided on the basis of type, application, structural design, and region.
Market Division by Type:
- Wood
- Plastic
- Metal
- Corrugated Paper
Market Segregation by Application:
- Food and Beverage
- Chemicals and Pharmaceuticals
- Machinery and Metal
- Construction
- Agriculture
- Other
Market Breakup Structural Design:
- Block
- Stringer
- Others
Market Segmentation by Region:
- United States
- Canada

Competitive Landscape?

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the North America pallet companies. Some of the major key players explored in the report by Expert Market Research are as follows:???

- PalletOne Inc.
- Herwood Inc.
- John Rock, Inc.
- ORBIS Corporation
- TMF Corporation
- Kamps Inc.
- Others

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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.?

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 North America
7 Industry Opportunities and Challenges
8 North America Pallet Market Analysis
8.1 Key Industry Highlights by Value
8.2 North America Pallet Historical Market by Value (2018-2022)
8.3 North America Pallet Market Forecast by Value (2023-2028)
8.4 Key Industry Highlights by Volume
8.5 North America Pallet Historical Market by Volume (2018-2022)
8.6 North America Pallet Market Forecast by Volume (2023-2028)
8.7 North America Pallet Market by Type
8.7.1 Wood
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Plastic
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Metal
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Corrugated Paper
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.8 North America Pallet Market by Application
8.8.1 Food and Beverages
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Chemicals and Pharmaceuticals
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Machinery and Metal
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Construction
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Agriculture
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
8.8.6 Others
8.9 North America Pallet Market by Structural Design
8.9.1 Block
8.9.1.1 Market Share
8.9.1.2 Historical Trend (2018-2022)
8.9.1.3 Forecast Trend (2023-2028)
8.9.2 Stringer
8.9.2.1 Market Share
8.9.2.2 Historical Trend (2018-2022)
8.9.2.3 Forecast Trend (2023-2028)
8.9.3 Others
8.10 North America Pallet Market by Region
8.10.1 Market Share
8.10.1.1 United States
8.10.1.2 Canada
9 Regional Analysis
9.1 United States
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
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 Trade Data Analysis (HS Code - 441520)
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.2 United States of America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.2 Canada Historical Price Trends (2018-2022) and Forecast (2023-2028)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 PalletOne Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Herwood Inc.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 John Rock Inc.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 ORBIS Corporation
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 TMF Corporation
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Kamps Inc.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Industry Events and Developments

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