Study #: 2359

Published: 06/2008

Pages: 241

Full Study Price: US$ 4,500

Per Page Price: US$ 30.00

Pallets to 2012 - Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

US demand for pallets will reach 1.5 billion units in 2012. Pallets made from wood will remain dominant, while plastic pallets will grow the fastest based on their durability, ease of cleaning and recyclability. Manufacturing will continue as the largest market, but will be outpaced by providers of warehousing and other storage services.

This study analyzes the $15.4 billion US pallet industry. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by material (e.g., wood, plastic, metal, corrugated paper), product, market (e.g., manufacturing, warehousing and storage, construction), and US geographic region.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 35 industry competitors, including CHEP and IFCO.

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TABLE OF CONTENTS


SECTION                                                                        PAGE

                INTRODUCTION                                                     ix

          I.    EXECUTIVE SUMMARY                                                 1

         II.    MARKET ENVIRONMENT                                                4
                General                                                           4
                Macroeconomic Environment                                         5
                Resident Population                                               9
                Manufacturers' Shipments                                         12
                    Durable Goods                                                15
                    Nondurable Goods                                             16
                Warehousing Expenditures                                         16
                Construction Expenditures                                        19
                Historical Overview                                              23
                Environmental Issues                                             25
                Other Regulatory Issues                                          27
                Competitive Products                                             29
                Pricing Trends                                                   31
                    Lumber                                                       32
                    Engineered Wood                                              33
                    Plastic                                                      34
                    Metal                                                        34
                    Corrugated Paper                                             35
                Foreign Trade                                                    35
                International Pallet Movement                                    37
                World Market                                                     38
                    Western Europe                                               38
                    Asia/Pacific                                                 39
                    Other Regions                                                41
                    
        III.    MATERIALS                                                        43
                General                                                          43
                Relationship Between Stock & Demand                              45
                Pallet Lifespans                                                 47
                Wood                                                             49
                    Lumber                                                       50
                      New Pallets                                                52
                      Refurbished Pallets                                        53
                    Engineered Wood                                              55
                      New Pallets                                                56
                      Refurbished Pallets                                        57
                Plastics                                                         58
                    HDPE                                                         59
                    Other Resins                                                 60
                Metal                                                            62
                    Steel                                                        63
                    Aluminum                                                     64
                Corrugated Paper                                                 65
                Fasteners                                                        66
                
         IV.    PRODUCTS                                                         69
                General                                                          69
                Pallet Overview                                                  70
                Pallet Stock                                                     73
                Wood Pallets                                                     76
                    Unit Terms                                                   77
                    Value Terms                                                  78
                    Lumber Pallets                                               81
                      Characteristics                                            83
                      Types                                                      87
                      Refurbished Pallets                                        89
                    Engineered Wood Pallets                                      90
                      Characteristics                                            92
                      Types                                                      93
                      Refurbished Pallets                                        95
                Corrugated Paper Pallets                                         96
                    Unit Terms                                                   96
                    Value Terms                                                  98
                    Characteristics                                              99
                Plastic Pallets                                                 102
                    Unit Terms                                                  102
                    Value Terms                                                 104
                      Characteristics                                           106
                      Types                                                     110
                         HDPE                                                   110
                         Other Resins & HDPE/Other Resin Blends                 112
                Metal Pallets                                                   114
                    Unit Terms                                                  114
                    Value Terms                                                 115
                    Characteristics                                             116
                      Types                                                     119
                         Steel                                                  119
                         Aluminum                                               121
                      
          V.    MARKETS                                                         123
                General                                                         123
                Manufacturing                                                   125
                    Food & Beverages                                            127
                    Transportation Equipment                                    129
                    Chemicals 131
                    Metal Products                                              134
                    Industrial Machinery                                        135
                    Electrical Equipment & Appliances                           137
                    Other Manufacturing Markets                                 139
                Warehousing & Storage                                           141
                Construction                                                    145
                Other Markets                                                   147
                
         VI.    REGIONAL DEMAND                                                 149
                General                                                         149
                Regional Demographics & Economic Trends                         150
                    Population Patterns                                         150
                    Economic Activity                                           152
                    Regional Manufacturing & 
                            Warehousing Value Added Expenditures                154
                Regional Demand for Pallets                                     159
                Northeast                                                       163
                    New England                                                 165
                    Middle Atlantic                                             166
                    Midwest                                                     167
                    East North Central                                          169
                    West North Central                                          170
                South                                                           171
                    South Atlantic                                              174
                    East South Central                                          176
                    West South Central                                          177
                West                                                            178
                    Mountain                                                    181
                    Pacific                                                     182
                    
        VII.    INDUSTRY STRUCTURE                                              184
                Industry Composition                                            184
                    Manufacturers & Refurbishers                                185
                    Pallet Management Specialists                               187
                Market Share                                                    190
                    Wood Pallets                                                191
                    Other Pallets                                               191
                    Pallet Management Service Providers                         192
                Competitive Strategies                                          193
                Research & Development                                          196
                Marketing                                                       198
                Distribution                                                    199
                Mergers & Acquisitions                                          201
                Cooperative Agreements                                          203
                Company Profiles                                                204
                    Adrian Fabricators Incorporated                             206
                    Allied Pallet Company Incorporated                          206
                    Associated Pallet Incorporated                              207
                    Battle Lumber Company Incorporated                          208
                    Botkin Lumber Company Incorporated                          208
                    Brambles Limited                                            209
                    Cargotainer, see Adrian Fabricators                            
                    CHEP USA, see Brambles Limited
                    Corrugated Pallets Incorporated                             210
                    Decade Products LLC                                         211
                    Edwards Wood Products Incorporated                          212
                    Fabri-Form Corporation                                      213
                    Great Northern Corporation                                  214
                    Greystone Logistics Incorporated                            215
                    IFCO Systems NV                                             216
                    Illinois Tool Works Incorporated                            217
                    Industrial Pallet Corporation                               218
                    ITW Plastic Packaging, see Illinois Tool Works                 
                    Kamps Incorporated                                          218
                    Litco International Incorporated                            219
                    LMH North America, see Menasha                                 
                    Mauser-Werke GmbH & Company KG                              221
                    Menasha Corporation                                         222
                    Myers Industries Incorporated                               224
                    ORBIS Corporation, see Menasha                                 
                    Pallet Systems Of America LLC                               225
                    PalletOne Incorporated                                      226
                    PDQ Plastics Incorporated                                   227
                    Potomac Supply Corporation                                  228
                    Rehrig Pacific Company                                      228
                    Ross Skid Products Incorporated                             230
                    Rotonics Manufacturing Incorporated                         230
                    Schaefer (Fritz) GmbH                                       231
                    Schoeller Arca Systems Group BV                             233
                    Shan Industries LLC                                         234
                    Snyder Industries Incorporated                              235
                    Sonoma Pacific Company                                      236
                    Southern Packaging Incorporated                             236
                    Southwest Forest Products Incorporated                      237
                    St. Mary's Box Company Incorporated                         238
                    Tasler Incorporated                                         238
                    TriEnda Corporation, see Wilbert                               
                    Wilbert Incorporated                                        239
                    Wisconsin Pallets Incorporated                              240
                    WNC Pallet & Forest Products Company Incorporated           241
            

                                 LIST OF TABLES
                                        
TABLE NUMBER                                                                   PAGE

                SECTION I -- EXECUTIVE SUMMARY
                Summary Table                                                     3

                SECTION II -- MARKET ENVIRONMENT
           1    Macroeconomic Indicators                                          9
           2    Population & Households                                          12
           3    Manufacturers' Shipments                                         15
           4    Warehousing & Storage Expenditures                               19
           5    Construction Expenditures                                        23
           6    Pallet Market, 1997-2007                                         25
           7    Pallet Pricing Trends                                            32
           8    Foreign Trade in Pallets                                         36

                SECTION III -- MATERIALS
           1    Raw Material Demand in Pallets                                   44
           2    Wood Demand in Pallets                                           50
           3    Plastics Demand in Pallets                                       59
           4    Metal Demand in Pallets                                          63
           5    Corrugated Paper Demand in Pallets                               66
           6    Fastener Demand in Pallets                                       68

                SECTION IV -- PRODUCTS
           1    Pallet Supply & Demand                                           72
           2    Pallet Stock                                                     75
           3    Wood Pallet Stock, Supply & Demand                               78
           4    Wood Pallet Demand by Value                                      81
           5    Lumber Pallet Stock & Demand                                     83
           6    Engineered Wood Pallet Stock & Demand                            91
           7    Corrugated Paper Pallets Stock, Supply & Demand                  98
           8    Corrugated Paper Pallet Demand by Value                          99
           9    Plastic Pallet Stock, Supply & Demand                           104
          10    Plastic Pallet Market Value                                     106
          11    HDPE Plastic Pallet Demand                                      112
          12    Other Plastic Pallet Demand                                     113
          13    Metal Pallet Stock, Supply & Demand                             115
          14    Metal Pallet Market Demand by Value                             116
          15    Steel Pallet Demand                                             121
          16    Aluminum Pallet Demand                                          122

                SECTION V -- MARKETS
           1    Pallet Demand by Market                                         125
           2    Manufacturing Demand for Pallets                                127
           3    Food & Beverage Demand for Pallets                              129
           4    Transportation Equipment Demand for Pallets                     131
           5    Chemicals Demand for Pallets                                    133
           6    Metal Products Demand for Pallets                               135
           7    Machinery Demand for Pallets                                    137
           8    Electrical Equipment & Appliance Demand for Pallets             139
           9    Other Manufacturing Markets Demand for Pallets                  141
          10    Warehousing & Storage Demand for Pallets                        144
          11    Construction Applications Demand for Pallets                    146
          12    Other Markets Demand for Pallets                                148

                SECTION VI -- REGIONAL DEMAND
           1    Population by Region                                            152
           2    Gross Domestic Product by Region                                154
           3    Regional Manufacturing & Warehousing Value Added                158
           4    Pallet Demand by Region                                         162
           5    Northeast Pallet Demand                                         164
           6    Midwest Pallet Demand                                           169
           7    South Pallet Demand                                             174
           8    West Pallet Demand                                              181

                SECTION VII -- INDUSTRY STRUCTURE
           1    Pallet Production Revenues for Selected Companies, 2007         190
           2    Selected Acquisitions & Divestitures                            202
           3    Selected Cooperative Agreements                                 204

                                 LIST OF CHARTS
                                        
CHART NUMBER                                                                   PAGE


                SECTION III -- MATERIALS
           1    Raw Material Demand in Pallets in Value Terms, 2007              45
           2    Lifespans of Pallets                                             49

                SECTION IV -- PRODUCTS
                                                                                   
           1    Pallet Demand in Unit Terms, 2007                                73
           2    Pallet Stock, 2007                                               75

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