Lumber Pallet Market by End-user and Geography - Forecast and Analysis 2020-2024

  • Published: Dec 2019
  • Pages: 145
  • SKU: IRTNTR40734
Technavio

The 2021-2025 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The lumber pallet market size has the potential to grow by 1.33 billion units during 2020-2024. The market’s growth momentum will accelerate throughout the forecast period because of the steady increase in the year-over-year growth.

This report provides a detailed analysis of the market by geography (APAC, Europe, MEA, North America, and South America) and end-user (food and beverages, chemicals and pharmaceuticals, retail, construction, and others). Also, the report analyzes the market’s competitive landscape. It offers information on several market vendors, including Brambles Ltd., Faber Halbertsma Groep BV, Falkenhahn AG, Greif Inc., Groupe PGS, John Rock Inc., LEAP India Pvt. Ltd., Nefab AB, PalletOne Inc., and Universal Forest Products Inc.

Market Overview

Lumber-Pallet-Market-Size

Browse TOC and LoE with selected illustrations and example pages of lumber pallet market

Request a FREE sample now!

Market Competitive Analysis

The lumber pallet market is currently fragmented. The degree of fragmentation will decrease over the forecast period. Nefab AB, PalletOne Inc., and Universal Forest Products Inc. are a few of the significant market participants. The vendors are focusing on increasing revenue generation by cutting costs on production and meeting sustainable requirements. Therefore, they are promoting reusable lumber pallets, which is also helping end-users in reducing cost per trip and gaining the rapid return on investments. Although the need for containerized shipment will offer immense business opportunities to the vendors, the availability of substitutes such as plastic and metal pallets will challenge the growth of many. To make the most of the opportunities, market vendors should focus more on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market positions, this lumber pallet market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of the companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. This lumber pallet market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading lumber pallet companies, including:

  • Brambles Ltd.
  • Faber Halbertsma Groep BV
  • Falkenhahn AG
  • Greif Inc.
  • Groupe PGS
  • John Rock, Inc.
  • LEAP India Pvt. Ltd.
  • Nefab AB
  • PalletOne Inc.
  • Universal Forest Products Inc.

Lumber Pallet Market: Segmentation by Region

Lumber-Pallet-Market-Share-by-Geography

For more insights on the lumber pallet market share of various regions Request for a FREE sample now!

APAC was the largest market for lumber pallets in 2019. The region will record a moderate growth rate during the forecast period. The presence of large automotive, manufacturing, and other end-user industries is contributing to lumber pallet market growth in APAC. The exponential growth of the e-commerce industry in the region is also fueling market growth.

Almost 38% of the overall market’s growth will originate from APAC during the forecast period. China and India are the key markets for lumber pallets in the region. Market growth rate in this region will be faster than that of the other geographies during the forecast period.

Lumber Pallet Market: Segmentation by End-user

 Lumber-Pallet-Market-Share-by-End-user

Request for a FREE sample and Get more information on the market contribution of various end-users

The food and beverage industry uses lumber pallets to transport large quantities of products economically. Benefits such as the reduced risk of damage to products and injury to workers and the provision of higher efficiency in warehouse storage are also fueling the use of lumber pallets in the food industry.

However, the lumber pallet market growth by the food and beverage segment is expected to be slower compared with the other market segments over the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the lumber pallet market size.

Lumber Pallet Market: Key Drivers and Trends

The growth in international trade has increased containerization for maritime shipping and inland transportation. The rapid rise in demand for intermodal freight transport has also fueled the need for containerization. These factors have directly increased the use of pallets, including the lumber type, in containers. The use of lumber pallets in containerized transportation is also owing to their cost-effectivity and durability. Moreover, the smooth surfaces of containers have made it conducive for the movement of heavy stacks of lumber pallets. The growing cross-border trade that is fueling the need for containerized shipment is increasing the use of lumber pallets, fueling lumber pallet market growth.

  • Vendors are offering customized lumber pallets with RFID tags for easy tracking, which also helps them in gaining a competitive edge.
  • RFID tracking tags in lumber pallets aid in optimizing container packaging and logistics operations.
  • The use of RFID tags in lumber pallets will reduce costs, use of resources, and errors in inventory tracking.
  • Vendors are focusing on embedding sensors and other technologies in lumber pallets over the forecast period, which is one of the key lumber pallet market trends.
  • IntelliPallet is the first lumber pallet enabled with IoT and smart supply chain management feature, designed for multi-site manufacturing companies. 
  • The lumber pallet market size will grow at a CAGR of almost 5% during 2020-2024.

Lumber-Pallet-Market-Report

Request for a FREE sample now!

Lumber Pallet Market: Key Highlights of the Report for the Forecast Period 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will accelerate the growth of the lumber pallet market during the next five years
  • Precise estimation of the global lumber pallet market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the lumber pallet industry in APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of lumber pallet vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value Chain Analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market Outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Food and beverages - Market size and forecast 2019-2024
  • Chemicals and pharmaceuticals - Market size and forecast 2019-2024
  • Retail - Market size and forecast 2019-2024
  • Construction - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Rising popularity of pallet-tracking technologies
  • Emergence of pallet pooling
  • Adoption of reusable pallets

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Brambles Ltd.
  • Faber Halbertsma Groep BV
  • Falkenhahn AG
  • Greif Inc.
  • Groupe PGS
  • John Rock, Inc.
  • LEAP India Pvt. Ltd.
  • Nefab AB
  • PalletOne Inc.
  • Universal Forest Products Inc.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Materials
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>