Global Lumber Pallet Market, By Product Type (Stringer Lumber Pallets, Block Lumber Pallets, Double Face Pallets, Double Wing Pallets, and Others), Wood Type (Softwood and Hardwood), Size (800 x 1200 mm, 1000 x 1200 mm, 800 x 600 mm, 914 x 914 mm, 1118 x 1118 mm, 1200 x 1000 mm, and Others), Distribution Channel (Offline and Online), End-User (Food & Beverages, Pharmaceuticals, Chemicals, Retail, Automotive, and Others), Country (Germany, U.K., France, Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, China, India, Japan, South Korea, Australia and New Zealand, Indonesia, Singapore, Malaysia, Thailand, Philippines, U.S., Canada, Mexico, United Arab Emirates, Saudi Arabia, South Africa, Egypt, Israel, Brazil, Argentina, and Others) Industry Trends and Forecast to 2028.

Market Analysis and Insights: Global Lumber Pallet Market

The global lumber pallet market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is expected to grow at a CAGR of 6.1% during the forecast period of 2021 to 2028 and expected to reach USD 12,309,987.41 thousand by 2028.

A lumber pallet is a flat, portable, and rigid platform that is made of wood. It is primarily used to carry heavy loads of goods and materials. Lumber pallets are also used to pile up, store, assemble, and transport goods. These pallets improve operational efficiency in warehouses by allowing easy movement of stocked goods. As the goods placed on these pallets are much heavier, they could be combined with the use of machinery or tools, such as forklifts and pallet jacks, to make the transport smoother and easier.

Lumber pallets are easily available and unlike heavy cartons, the workers can use forklifts, pallet jacks, conveyors, or other handling equipment to easily move and place the pallets in the position. By using pallets, different goods and packs can be combined, which saves a lot of space and hassle to track multiple boxes or pallets. As wooden pallets can be reused, they provide a lower cost per trip and lesser environmental impacts than pallets, which can be used only once and are subjected to the cost of reverse logistics.

This lumber pallet market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. Contact us for an analyst brief and to understand the current market scenario. Our team will help you create a revenue impact solution to achieve your desired goal.

Global Lumber pallet Market Scope and Market Size

Global lumber pallet market is segmented into five notable segments, which are based on the basis of product type, wood type, size, distribution channel, and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of product type, the lumber pallet market is segmented into stringer lumber pallets, block lumber pallets, double face pallets, double wing pallets, and others. In 2021, stringer lumber pallet segment is dominating the market globally during the forecast period as they provide additional reinforcement to the products, which increases its demand globally.

On the basis of wood type, the lumber pallet market is segmented into softwood and hardwood. In 2021, softwood segment is dominating the market globally during the forecast period as it offers high consistency in weight compared to hardwoods.

On the basis of size, the lumber pallet market is segmented into 800 x 1200 mm, 1000 x 1200 mm, 800 x 600 mm, 914 x 914 mm, 1118 x 1118 mm, 1200 x 1000 mm, and others. In 2021, 800 x 1200 mm segment is dominating the market globally during the forecast period as this size provides high operational productivity, which increases its demand in the global market.

On the basis of distribution channel, the lumber pallet market is segmented into offline and online. In 2021, offline segment is dominating the market globally during the forecast period as it reduces the number of pallet damage and returns, which increases its demand in the global market

On the basis of end-user, the lumber pallet market is segmented into food & beverages, pharmaceuticals, chemicals, retail, automotive, and others. In 2021, food & beverages segment is dominating the market globally during the forecast period as it helps to ensure high standards and requirements of food products, which increases its demand in the global market.

Lumber pallet Market Country Level Analysis

The lumber pallet market is analyzed and market size information is provided by product type, wood type, size, distribution channel, and end-user as referenced above.

The countries covered in the lumber pallet market report are Germany, U.K., France, Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, China, India, Japan, South Korea, Australia and New Zealand, Indonesia, Singapore, Malaysia, Thailand, Philippines, U.S., Canada, Mexico, United Arab Emirates, Saudi Arabia, South Africa, Egypt, Israel, Brazil, Argentina, and others.

Europe dominates the lumber pallet market as the production and consumption of lumber pallet is increasing in Germany. The Asia-Pacific region is expected to grow at the highest growth rate during the forecast period of 2021 to 2028 owing to increasing demand of lumber pallets in the food & beverage industry. China is leading the growth of the Asia-Pacific market due to increasing demand for lumber pallets in the packaging and logistics industry. The U.S. is dominating the North America market due to easy repair and reuse of lumber pallets.

The country section of the report also provides individual market impacting factors and domestic changes in regulation in the market that impact the current and future trends of the market. Data points, such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs, are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to high competition from local and domestic brands and impact of sales channels are considered while providing forecast analysis of the country data.

Increasing Demand for packaging using lumber pallets

Lumber pallet market also provides you with detailed market analysis for every country growth in the industry with sales, components sales, impact of technological development in Lumber pallet, and changes in regulatory scenarios with their support for the Lumber pallet market. The data is available for a historic period 2010 to 2019.

Competitive Landscape and Lumber Pallet Market Share Analysis

Lumber pallet market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve. The above data points provided are only related to the companies’ focus on the global lumber pallet market.

Major players covered in the report are CHEP (A subsidiary of Brambles), Greif, UFP Industries, Inc., PALLETBIZ, PGS Group, UAB Vigidas Pack, LOSCAM, JGD Pallets, Palcon LLC, Falkenhahn AG, Conquest Joinery, SandS Box and Pallet Manufacturers, Imperial Timber, HG Timber Ltd., Johannesburg Timber and Box, Premier Pallets, Inc., Rowlinsons Packaging Ltd., Christies Industries among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Several product developments are also initiated by companies worldwide, which are also accelerating the growth of lumber pallet market.

For instance,

In April 2019, UAB Vigidas Pack opened its new pallet workshop in Belgium. This was done to increase faster product delivery to customers in Western Europe. This expansion has helped the company in stocking high-demand products in large quantities.

Partnership, joint ventures, and other strategies enhance the company market share with increased coverage and presence. They also benefit the organisations and improve their offerings of lumber pallet through expanded range of size.

SKU-59939

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Global Lumber Pallet Market – Industry Trends and Forecast to 2028

Market Analysis and Insights: Global Lumber Pallet Market

Global Lumber pallet Market Scope and Market Size

Lumber pallet Market Country Level Analysis

Competitive Landscape and Lumber Pallet Market Share Analysis

Please fill in the below form for Infographics

Research Methodology:

Please fill in the below form for Research Methodology

Customization Available:

Please fill in the below form for Available Customization

Frequently Asked Questions

Browse Related Reports

Browse Related Blogs

Browse Related Press Release

FOLLOW US ON

REPORTS

MARKET INSIGHT

SUPPORT

SOLUTIONS