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 2012

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

IBISWorld’s Pallet & Skid Rental market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Brambles Brambles market share
iGPS iGPS market share
PECO PECO market share
Industry Statistics & Market Size
Annual Growth 07-12
Annual Growth 12-17
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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 the 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. These trends contributed to growth in the industry over the five years to 2007, and will continue through 2017.... purchase to read more

Industry Report - Industry Investment Chapter

The level of capital intensity is high based on the ratio of depreciation to wages. In 2012, wages are estimated to account for about 17.4% of total industry revenue. Meanwhile, depreciation costs, which serve as a proxy for capital investments, are estimated to total about 12.5%. While the industry has exhibited higher degrees of technology adoption that seeks to increase automation, pallet and skid rental rely heavily on labor to interact with customers and manage the pallet pool. Technological adoption is expected to raise the average firm's expenditure on labor, as more advanced tracking and monitoring systems require higher skilled employees. To that end, wages are expected to rise at an annualized rate of 3.8% and total an estimated $757.5 million during the five years to 2012... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Pallet & Skid Rental Industry?

This industry includes companies that rent 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
Wooden pallet rentalPlastic pallet rental
Industry Activities
Rental and leasing of plastic palletsRental and leasing of wooden pallets

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