Market Overview:
The global lumber pallet market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for lumber pallets from various end-use industries, such as pharmaceuticals, food and beverage, manufacturing, construction, retail and others. Asia Pacific is expected to be the fastest growing region in the global lumber pallet market during the forecast period.
Product Definition:
A lumber pallet is a platform made of wood, typically used to store or transport goods. Pallets are often square or rectangular, but other shapes are also common. They are usually around 40 inches by 48 inches (1 meter by 1.2 meters), the size of a standard sheet of plywood.
Asia Standard Pallet:
Asia standard pallet (ASP) is a type of pallet that is used in the wood industry. It was designed to replace the North American-style chip or block pallets that were prevalent previously. The design features two prominent raised ridges or platforms, one on each side of the central spine, which enables stacking and handling of heavy loads with ease.
US Standard Pallet:
US standard pallet is a specific type of wood pallet that is manufactured in accordance with the standards set by the United States Department of Agriculture (USDA). The primary function of a US standard pallet is to provide uniformity and stability while loading and unloading goods. A properly designed US standard pallet allows for safe, damage-free, and efficient transportation of products.
Application Insights:
The manufacturing application segment led the global lumber pallet market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in production of manufactured products, such as electrical and electronics components, furniture, flooring systems and cabinets, precision machinery parts (such as medical devices), machine tools, pharmaceuticals equipment components (such as laboratory equipment) across the globe.
The food & beverage industry is one of the largest end-users of wood pallets due to its lightweight properties that help transport various goods efficiently across different locations within a short time span without causing any damage or wear on them. These lightweight wooden boards are also eco-friendly which helps reduce carbon emissions significantly during transportation owing to reduced fuel consumption involved in its transportation compared with steel alternatives.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities in emerging countries, such as China, India, and Japan. In addition, rising demand for residential houses is anticipated to drive the regional market further.
The European market accounted for a significant share owing to high product utilization across various end-use industries including food and beverage sector; pharmaceuticals sector; manufacturing sector; retail industry etc. Countries such as Germany are anticipated to lead this region owing to increased consumption of standard lumber pallets used across various industries for packaging purposes at industrial facilities or warehouses located within these countries.
North America also held a considerable share due North American manufacturers shifting their production bases from developed regions like Europe and Asia Pacific towards developing regions like Central & South America (CSA) or Middle East & Africa (MEA).
Growth Factors:
- Increasing demand for pallets from the packaging and shipping industry as a result of growth in global trade.
- Rising demand for recycled lumber pallets as a result of environmental concerns over deforestation and the use of virgin wood resources.
- Development of new, more durable materials that can replace traditional lumber pallets, such as plastic or composites made from recycled materials.
- Proliferation of automated material handling systems in warehouses and distribution centers that require standardized sizes and types of pallets for efficient operation.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lumber Pallet Market Research Report
By Type
Asia Standard Pallet, US Standard Pallet, Europe Standard Pallet, Others
By Application
Pharmaceuticals, Food and Beverage, Manufacturing, Constrcution, Retail, others
By Companies
Brambles, Faber Halbertsma Group, Falkenhahn AG, Greif, Groupe PGS, John Rock, LEAP India, Nefab AB, PalletOne, Universal Forest Products
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Lumber Pallet Market Report Segments:
The global Lumber Pallet market is segmented on the basis of:
Types
Asia Standard Pallet, US Standard Pallet, Europe Standard Pallet, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals, Food and Beverage, Manufacturing, Constrcution, Retail, others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Brambles
- Faber Halbertsma Group
- Falkenhahn AG
- Greif
- Groupe PGS
- John Rock
- LEAP India
- Nefab AB
- PalletOne
- Universal Forest Products
Highlights of The Lumber Pallet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Asia Standard Pallet
- US Standard Pallet
- Europe Standard Pallet
- Others
- By Application:
- Pharmaceuticals
- Food and Beverage
- Manufacturing
- Constrcution
- Retail
- others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lumber Pallet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lumber Pallet is a pallet made of lumber that has been cut into smaller pieces. It is used to transport wood products, such as plywood and particleboard, from the sawmill to the manufacturing plant.
Some of the major players in the lumber pallet market are Brambles, Faber Halbertsma Group, Falkenhahn AG, Greif, Groupe PGS, John Rock, LEAP India, Nefab AB, PalletOne, Universal Forest Products.
The lumber pallet market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lumber Pallet Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lumber Pallet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lumber Pallet Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lumber Pallet Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lumber Pallet Market Size & Forecast, 2018-2028
4.5.1 Lumber Pallet Market Size and Y-o-Y Growth
4.5.2 Lumber Pallet Market Absolute $ Opportunity
Chapter 5 Global Lumber Pallet Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lumber Pallet Market Size Forecast by Type
5.2.1 Asia Standard Pallet
5.2.2 US Standard Pallet
5.2.3 Europe Standard Pallet
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lumber Pallet Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lumber Pallet Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Food and Beverage
6.2.3 Manufacturing
6.2.4 Constrcution
6.2.5 Retail
6.2.6 others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lumber Pallet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lumber Pallet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lumber Pallet Analysis and Forecast
9.1 Introduction
9.2 North America Lumber Pallet Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lumber Pallet Market Size Forecast by Type
9.6.1 Asia Standard Pallet
9.6.2 US Standard Pallet
9.6.3 Europe Standard Pallet
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lumber Pallet Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Food and Beverage
9.10.3 Manufacturing
9.10.4 Constrcution
9.10.5 Retail
9.10.6 others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lumber Pallet Analysis and Forecast
10.1 Introduction
10.2 Europe Lumber Pallet Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lumber Pallet Market Size Forecast by Type
10.6.1 Asia Standard Pallet
10.6.2 US Standard Pallet
10.6.3 Europe Standard Pallet
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lumber Pallet Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Food and Beverage
10.10.3 Manufacturing
10.10.4 Constrcution
10.10.5 Retail
10.10.6 others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lumber Pallet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lumber Pallet Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lumber Pallet Market Size Forecast by Type
11.6.1 Asia Standard Pallet
11.6.2 US Standard Pallet
11.6.3 Europe Standard Pallet
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lumber Pallet Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Food and Beverage
11.10.3 Manufacturing
11.10.4 Constrcution
11.10.5 Retail
11.10.6 others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lumber Pallet Analysis and Forecast
12.1 Introduction
12.2 Latin America Lumber Pallet Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lumber Pallet Market Size Forecast by Type
12.6.1 Asia Standard Pallet
12.6.2 US Standard Pallet
12.6.3 Europe Standard Pallet
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lumber Pallet Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Food and Beverage
12.10.3 Manufacturing
12.10.4 Constrcution
12.10.5 Retail
12.10.6 others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lumber Pallet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lumber Pallet Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lumber Pallet Market Size Forecast by Type
13.6.1 Asia Standard Pallet
13.6.2 US Standard Pallet
13.6.3 Europe Standard Pallet
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lumber Pallet Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Food and Beverage
13.10.3 Manufacturing
13.10.4 Constrcution
13.10.5 Retail
13.10.6 others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lumber Pallet Market: Competitive Dashboard
14.2 Global Lumber Pallet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Brambles
14.3.2 Faber Halbertsma Group
14.3.3 Falkenhahn AG
14.3.4 Greif
14.3.5 Groupe PGS
14.3.6 John Rock
14.3.7 LEAP India
14.3.8 Nefab AB
14.3.9 PalletOne
14.3.10 Universal Forest Products
