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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - Starting a New Business Chapter

Barriers to entering the Pallet and Skid Rental industry vary depending on the scale and scope of an aspiring player's operations. On one hand, the industry has relatively low barriers to entry if an operator is trying to compete on a local level or specialize within one product segment. The market is moderately fragmented with little concentration of ownership, and firms are not required to have any licenses or certifications to operate. On the other hand, new entrants will be faced with a number of challenges, including accessing capital for new equipment purchases and sustaining the purchasing power necessary to maintain and operate a fleet. Further, firms wishing to compete on a national or international level will have to compete directly with the industry's largest players... 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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