Freedonia In The News

Article Title: Pallets: 5% annual growth projected by Freedonia through 2017
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Publication: Modern Materials Handling, 3/5/2014
Freedonia Study: World Pallets (3126)

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A new study from The Freedonia Group forecasts the global sales of pallets to increase 5 percent annually through 2017 to 5.1 billion units. Worldwide sales of pallets are projected to climb nearly five percent per annum through 2017 in unit terms, representing an acceleration from the relatively sluggish pace of the 2007-2012 period, the report says. A pickup in manufacturing activity will spur across-the-board gains, especially in large, mature regional markets like North America and Western Europe. Demand in value terms will grow seven percent per annum, stimulated by overall increases in unit sales, as well as by a shift in the product mix toward higher-priced plastic pallets. The number of pallets in use will rise at roughly the same rate as unit demand through 2017. Growth will be driven by increased sales in developed markets and by increased usage of used pallet dealers and pallet management specialists. This will mean that fewer pallets are discarded each year, increasing t
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Article Title: Pallet Sales to Rise 5% Annually through 2017
By: Tom Andel
Publication: Material Handling & Logistics, 2/28/2014
Freedonia Study: World Pallets (3126)

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A pickup in global manufacturing will spur an across-the-board annual 5% gain in pallet sales through 2017, according to “World Pallets,” a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm. That represents 5.1 billion units, which exceeds the relatively sluggish pace of the 2007-2012 period. Those gains will be more prominent in large, mature regional markets such as North America and Western Europe, according to analyst Zoe Biller.
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