Block Pallets Drives Market in US by 2018 Forecasts a New Research Report at Sandlerresearch.org
Dallas, Texas (PRWEB) July 27, 2014 -- Large retailers are shifting to block pallets over stringer pallets, consequently manufacturers are expected to focus on manufacturing block pallets. Block pallets are expected to account for a large proportion of the market by 2018. Costco and Walmart, two leading retailers in the US, recently announced their preference for block pallets. This trend is aiding the growth of large pallet poolers such as CHEP and PECO, which only deal in block pallets, and puts small, family-owned, or independent producers who only manufacture stringer pallets at a disadvantage.
According to the report, the Pallet market in the US is influenced by a wide range of factors. The economy plays a central role in influencing the size and growth of the market. Accordingly, the demand for pallets depends on economic drivers, such as population growth and the growth of disposable income. The growth in the Pallet industry slowed down during the economic downturn in the US, between 2007 and 2012, but with the rebound in the economy, the demand for pallets is also expected to increase.
The Pallet market in the US is highly fragmented with the presence of local, regional, and international vendors. The Pallet market in the US can be segmented into four divisions: wood, plastic, metal, and corrugated paper.
The Pallet market in the US 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report presents market landscape and its growth prospects in the coming years, it also covers the vendor landscape and a corresponding detailed analysis of the major vendors in the Pallet market in the US.
The report recognizes the following companies as the key players in the: Pallet Market in the US : CHEP, Millwood Inc., PalletOne Inc., PECO Other Prominent Vendors, Buckhorn Inc., CABKA North America Inc., Greystone Logistics Inc., Kamps Pallets, Inc., Litco International, Inc., ORBIS Corporation, Rehrig Pacific Company.
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Market Driver
• Economy Recovery.
Market Challenge
• Raw Material Crunch and Cost Issues.
Market Trend
• Growing Preference for Block Pallets.
Further, the report states that despite the presence of several drivers, the Pallet market in the US is confronted by certain growth inhibitors. Procuring raw materials has become tough for pallet manufacturers because of low supplies, rising demand, and rising prices of raw materials.
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Pallet Market in the US 2013-2018 (US$ billion)
Exhibit 3: Pallets Market in the US by Volume 2013-2018 (million units)
Exhibit 4: Pallets Market in the US Segmentation by Product Type
Exhibit 5: Pallet Market in the US Segmentation by Product Type 2013
Exhibit 6: Wood Pallets Demand in the US Pallet market 2013-2018 (million units)
Exhibit 7: Plastic Pallets Demand in the US Pallet market 2013-2018 (million units)
Exhibit 8: Metal Pallets Demand in the US Pallet market 2013-2018 (million units)
Exhibit 9: Corrugated Paper Pallets Demand in the US Pallet market 2013-2018 (million units)
Exhibit 10: Pallets Market in the US Segmentation by End-User
Exhibit 11: Pallets Market in the US Segmentation by End-User 2013
Exhibit 12: Business Segmentation of CHEP
Exhibit 13: Business Segmentation of Millwood Inc.
Exhibit 14: Business Segmentation of PalletOne
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About US:
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Ritesh Tiwari, Sandlerresearch.org, http://www.sandlerresearch.org/, +1 (888) 391-5441, [email protected]
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