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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 | May 2016

Free span: Positive conditions in downstream markets will foster industry revenue 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
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 11-16
5.1%
Annual Growth 16-21
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Profit
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Employment
10,860
Businesses
1,233
Industry Analysis & Industry Trends

Over the five years to 2016, the industry benefited from an increasing number of businesses opting to rent third-party pallets rather than maintain their own. The industry also benefited from the requirements of some clients and state regulations, which force the use of certain types of pallets. Moving forward, positive conditions in downstream markets will support industry growth over the next five years. Over that period, pallet rental companies will benefit from a fully recovered economy and its effect on freight volumes. Consumer spending is also forecast to rise steadily, sustaining demand for pallets by grocers and other retailers. Meanwhile, consolidation and efficient pooling and tracking methods are expected to help operators sustain double-digit profit margins.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Pallet and Skid Rental industry exhibits moderate to high levels of concentration. In 2016, the top-four companies are expected to account for an estimated 45.7% of total industry revenue. Concentration has increased over the past five years, with the number of industry operators falling slightly over the period due to merger and acquisition activity. Notably, Brambles, the parent company of industry leader CHEP, acquired IFCO, a pallet management services company, in March 2011. Going forward, the number of operators is expected to rise marginally, as entrants attempt to capitalize on high demand for pallet rentals and attractive industry profit margins, but concentration is expected to remain medium to high... 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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