A pallet, sometimes inaccurately called a skid (a skid has no bottom deck boards), is a flat transport structure that supports goods in a stable fashion while being lifted by a forklift, pallet jack, front loader, work saver, or other jacking device, or a crane. A pallet is the structural foundation of a unit load which allows handling and storage efficiencies. Goods or shipping containers are often placed on a pallet secured with strapping, stretch wrap or shrink wrap and shipped. Since its invention in the twentieth century, its use has dramatically supplanted older forms of crating like the wooden box and the wooden barrel, as it works well with modern packaging like cardboard boxes and Intermodal containers commonly used for bulk shipping. Most pallets are timber pallets.
This report contains market size and forecasts of Timber Pallet in global, including the following market information:
Global Timber Pallet Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Timber Pallet Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Timber Pallet companies in 2021 (%)
The global Timber Pallet market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Asia Standard Pallet Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Timber Pallet include Brambles, Faber Halbertsma Group, Falkenhahn AG, Greif, Groupe PGS, John Rock, LEAP India, Nefab AB and PalletOne. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Timber Pallet manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Timber Pallet Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Timber Pallet Market Segment Percentages, by Type, 2021 (%)
Asia Standard Pallet
US Standard Pallet
Europe Standard Pallet
Others
Global Timber Pallet Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Timber Pallet Market Segment Percentages, by Application, 2021 (%)
Pharmaceuticals
Food and Beverage
Manufacturing
Constrcution
Retail
others
Global Timber Pallet Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Timber Pallet Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Timber Pallet revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Timber Pallet revenues share in global market, 2021 (%)
Key companies Timber Pallet sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Timber Pallet sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Brambles
Faber Halbertsma Group
Falkenhahn AG
Greif
Groupe PGS
John Rock
LEAP India
Nefab AB
PalletOne