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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 2012

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

IBISWorld’s Pallet & Skid Rental market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Brambles Brambles market share
PECO PECO market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 07-12
2.7%
Annual Growth 12-17
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Profit
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Employment
10,288
Businesses
989
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 Key Buyers Chapter

Concentration in this industry is medium. In 2012, the top-four companies are expected to account for an estimated 55.6% of total industry revenue. Concentration is expected to fall marginally during the five years to 2012, as the number of industry establishments is projected to increase at an annualized rate of 0.6% and total an estimated 2,869 firms. Despite this overall gain, some consolidation has been occurring. For example, the parent company of industry leader CHEP acquired IFCO in March 2011. IFCO's pallet management services now reports to the Americas region of Bramble's pallets segment. IFCO operates 43 service centers, a fleet of 240 trucks and a fleet of more than 5,000 trailers... 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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