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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 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
iGPS iGPS 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 - 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 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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