Wooden Pallets Market
Wooden Pallets Market Share & Trends Analysis, By Wood Type (Soft, Hard, New, Used), By Entry (Two ways, Four ways), By End-use Industry (Wine & Beverages, Medical Equipment, Automobile, Food Distribution, Logistics) & By Region Forecast - Global Review 2021 to 2031
Analysis of Wooden Pallets Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Wooden Pallets Market
Revenues in the wooden pallets market are expected to increase at a steady growth rate of nearly 3%-4% during 2021-2031. Increasing demand for affordable, durable, and strong packaging suitable for long-distance transport between 2020 and 2021, is expected to expand the wooden pallets market across various industries such as wine & beverages, automobile, furniture, etc.
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Wooden Pallets Market: An Overview
The global wooden pallets market provides several wooden packaging options to industries demanding affordable packaging options as to when compared to other pallet verities wooden pallets are an inexpensive option. Although several wood options are available in the market the most common one is timber which is way cheaper than others and some metals.
Even after their affordability the strength and durability of this packaging are not compromised. Furthermore, the wooden pallets are widely available with customization options that suit shippers that need an instant supply of this packaging.
In wine & beverages industry, these are popularly used for transportation as it provides a strong and reliable option for such fragile product. Similarly in the medical industry, these are used to transport medical equipment that is fragile and sensitive. High demand for cheap and instantly available packaging is expanding its market.
What Accelerates the Market Growth of Wooden Pallets Market?
The major market growth of this packaging product will be provided by the logistics industry. In packaging, pallets are an important logistics equipment and, in most cases, it is used as a load carrier.
In logistics these pallets can be easily employed to pile up, store, assemble, or transport goods across large distances and also improves warehouse operational efficiency by permitting an easy movement of stacked goods using machines or tools such as forklifts and pallets jacks.
The wide variety of wooden pallets available and their application is determined by the type of product, packaging dimensions, frequency of use, shipping destination, transportation conditions, and budget. The effortless reliability that this product offer to the logistics industry is a potent factor that will accelerate the growth of the wooden pallets market.
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How will the Rise of Energy, Oil, and Gas industries Work as a Demand Accelerator for Wooden Pallets Market?
The energy, oil & gas industries face unique challenges every day. These industries are working around the clock and that too in challenging environments. The increasing global population has caused a demand high enough that the conventional energy delivery options are not enough.
And hence these industries are utilizing wooden pallets in the transportation of piping and fittings, solar panels and other equipment, transformers to various locations, etc. These industries are always looking for packaging options that are safe, efficient, reusable, customizable, and strong as the equipment is often heavy. Hence, looking at all these prospects wooden pallets are an ideal choice.
How will the Swiftly increasing E-commerce cater for the Market Opportunity for Wooden Pallets Market?
The increasing trend of comfort zone shopping and the home delivery of almost every product is opening up market expansion opportunities for the wooden pallets market.
The fact that e-commerce has connected almost every seller and buyer irrespective of their geographical limitation is what has provided a boost to the shipping and logistics industry. When there is an increase of the demanding industry then the product ought to follow.
The more e-commerce grows every day more shipping & delivery it will require and more deliveries more packaging options such as wooden pallets will be needed for the same.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Global Players: -
- Herwood inc.
- The Nelson Company
- DNA Packaging Systems
- Pallet USA
- Kronus LTD
- Litco International Inc.
- LCN Pallets and Wooden Cases
- Anderson Pallet and Crate
- Atlanta Pallets & Services
- 48forty Solutions
- Kamps Inc.
- Best Pallet & Crate LLC
- CLM Pallet Recycling
- Perfect Pallets Inc.
- B&B Pallet Company
- others.
Asia Pacific Players: -
- Hi-Tech Innovations
- Nefab Group
- Ashapuri Wood Industries
- Hindustan Packaging System (HPS)
- Shivam Packaging and others.
What Strategies Are Adopted by Key Players for Increasing their Market Share in the Wooden Pallets Market?
Not all but many manufacturers are providing a wide variety of options in their packaging products range for wooden pellets to choose from. Depending upon the need and budget of the customers they have developed various types of wooden pallets and are providing customization options as well.
- For instance, DNA Packaging Systems is providing more than 35 ready-to-use wooden pallet options and is also providing customization options for its customers.
Why will Greece generate high demand for the Wooden Pallets Market?
According to U.S. Global Investors Inc., Greece is the largest maritime logistics, transportation, and shipping country owning more than 17% of the global shipping and a total deadweight ton of more than 300 Mn.
A country so indulged in shipping practices is ought to create great market expansion opportunities for an ideal logistics packaging product like wooden pallets. The increasing e-commerce is aiding this maritime transportation market expansion which will further help in propelling the growth of the product's market.
How has COVID-19 impacted the Growth of the Wooden Pallets Market?
According to the European Federation of Wooden Pallet & Packaging Manufacturers (FEFPEB), as the impact of a pandemic continues to be felt by companies worldwide an increase in the price of the wooden pallet packaging industry is inevitable.
Furthermore, sustained rises in the prices of raw materials like timber, and availability issues in certain markets are anticipated to create upward pressure on prices for several months. Due to this pandemic, there has been a decrease in trade across 2020 but as the construction trade and other businesses are recovered volumes have begun to increase again creating pressure on pallet timber.
Key Segments of Wooden Pallets Market Covered in the Report
-
By Wood Type, the wooden pallets market has been segmented as
- Soft
- Hard
- New
- Used
- Others
-
By Entry, the wooden pallets market has been segmented as
- Two ways
- Four ways
- Others
-
By End Use Industry, the wooden pallets market has been segmented as
- Wine & Beverages
- Medical Equipment
- Automobile
- Furniture
- Food Distribution
- Logistics
- Others
-
By Region, the automated tray fill and seal machines market has been segmented as
- North America
- Latin America
- Europe
- South Asia
- East Asia
- The Middle East and Africa
- Oceania
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Wood Type 6.2. Entry 6.3. End Use Industry 7. Global Market Analysis and Forecast, By Wood Type 7.1. Soft 7.2. Hard 7.3. New 7.4. Used 7.5. Others 8. Global Market Analysis and Forecast, By Entry 8.1. Two ways 8.2. Four ways 8.3. Others 9. Global Market Analysis and Forecast, By End Use Industry 9.1. Wine & Beverages 9.2. Medical Equipment 9.3. Automobile 9.4. Furniture 9.5. Food Distribution 9.6. Logistics 9.7. Others 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. MEA 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Wood Type, Entry, and End Use Industry for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Herwood inc. 20.2. The Nelson Company 20.3. DNA Packaging Systems 20.4. Pallet USA 20.5. Kronus LTD 20.6. Litco International Inc. 20.7. LCN Pallets and Wooden Cases 20.8. Anderson Pallet and Crate 20.9. Atlanta Pallets & Services 20.10. 48forty Solutions 20.11. Kamps Inc. 20.12. Best Pallet & Crate LLC 20.13. CLM Pallet Recycling 20.14. Perfect Pallets Inc. 20.15. B&B Pallet Company 20.16. Hi-Tech Innovations 20.17. Nefab Group 20.18. Ashapuri Wood Industries 20.19. Hindustan Packaging System (HPS) 20.20. Shivam Packaging
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Wood Type
Table 3: Global Market US$ Mn Forecast by Entry
Table 4: Global Market US$ Mn Forecast by End Use Industry
Table 5: North America Market US$ Mn Forecast by Country
Table 6: North America Market US$ Mn Forecast by Wood Type
Table 7: North America Market US$ Mn Forecast by Entry
Table 8: North America Market US$ Mn Forecast by End Use Industry
Table 9: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Wood Type
Table 11: Latin America Market US$ Mn Forecast by Entry
Table 12: Latin America Market US$ Mn Forecast by End Use Industry
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Wood Type
Table 15: Western Europe Market US$ Mn Forecast by Entry
Table 16: Western Europe Market US$ Mn Forecast by End Use Industry
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Wood Type
Table 19: Eastern Europe Market US$ Mn Forecast by Entry
Table 20: Eastern Europe Market US$ Mn Forecast by End Use Industry
Table 21: East Asia Market US$ Mn Forecast by Country
Table 22: East Asia Market US$ Mn Forecast by Wood Type
Table 23: East Asia Market US$ Mn Forecast by Entry
Table 24: East Asia Market US$ Mn Forecast by End Use Industry
Table 25: South Asia & Pacific Market US$ Mn Forecast by Country
Table 26: South Asia & Pacific Market US$ Mn Forecast by Wood Type
Table 27: South Asia & Pacific Market US$ Mn Forecast by Entry
Table 28: South Asia & Pacific Market US$ Mn Forecast by End Use Industry
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Wood Type
Table 31: MEA Market US$ Mn Forecast by Entry
Table 32: MEA Market US$ Mn Forecast by End Use Industry
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wood Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Entry
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wood Type
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Entry
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wood Type
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Entry
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wood Type
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Entry
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wood Type
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Entry
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wood Type
Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Entry
Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wood Type
Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Entry
Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wood Type
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Entry
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How Much Growth Potential does the Wooden Pallets Market hold?
The wooden pallets market is projected to grow at a CAGR of 5.4% during the forecast period.
Why Does the Wooden Pallets Market have High Growth Potential?
The market is expanding since pallets are significant logistics equipment in packaging industry.
Where will Manufacturers find the Most Opportunities in the Wooden Pallets Industry?
Manufacturers are likely to find the most opportunities in the United States.
Wooden Pallets Market