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Pallet & Skid Rental in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Pallet & Skid Rental Market Research Report | Advisory & Financial Services | Specialist Leasing | Oct 2014

Picking up: Revenue will increase with demand due to regulation, manufacturing activity growth

IBISWorld’s Pallet & Skid Rental market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Brambles Brambles market share
PECO PECO market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
1.6%
Annual Growth 14-19
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Profit
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Employment
9,463
Businesses
1,250
Industry Analysis & Industry Trends

The industry's growth slowed during the recession as downstream demand from the retail and manufacturing sectors declined. This factor contributed to a decline of industry revenue in 2008 and 2009 as freight volumes declined. However, freight volumes and total trade value have since increased, boosting demand for pallets and skids used in transportation and warehousing of goods. Furthermore, the industry has benefited from an increasing number of companies that use pallet rental programs rather than purchasing pallets.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Pallet and Skid Rental industry is in the mature phrase of its life cycle. IBISWorld expects industry value added, which measures contribution to the overall economy, to increase an annualized 2.6% in the 10 years to 2019. This closely matches forecast GDP growth over the period, estimated at 2.5% per year on average. Other industry trends also reflect maturity. Participation is stable, with consolidation becoming an increasingly important industry trend. In that vein, services are also becoming standardized as operators seek to make pallet provision and tracking less costly and more efficient. Finally, despite the introduction of some technologies to automate inventory tracking and management, change in the products and services offered remains limited... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Pallet & Skid Rental Industry?

This industry rents pallets to downstream markets for the storage and transport of goods. Following use, pallets and skids are returned to industry operators for cleaning and repairs. Services are included toward this industry's total revenue. Although pallets and skids differ slightly in their construction and purposes, the words are mainly interchangeable.

Industry Products
Other wood pallet rentalGMA wood pallet rentalPlastic pallet rental
 
Industry Activities
Wooden pallet rentalPlastic pallet rental


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