North America Plastic Pallets Market Size, Share & Trends Analysis Report By Material (HDPE, LDPE, PP), By Product (Nestable, Rackable, Stackable), By Application, By Country, And Segment Forecasts, 2024

The North America plastic pallets market size is expected to reach USD 3.07 billion by 2030, growing at a CAGR of 5.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is attributed to the rising preference for plastic pallets over wooden pallets by end-use industries such as food & beverage and pharmaceuticals due to the excellent resistance exhibited by plastic pallets to fungi growth, insects, and other pests.

Plastic pallets are manufactured without any welds and joints, unlike wooden pallets which are joined by hammering nails into wooden blocks. The whole solid structure of plastic pallets reduces the chances of breakage or frequent maintenance. Furthermore, in terms of weight plastic pallets weigh significantly less compared to wooden pallets, thus enabling a reduction in logistics costs.

Incentives programs are being introduced by North American country governments to promote reusable packaging which can present a positive outlook for the plastic pallets market in North America. For instance, the U.S. Department of Agriculture (USDA) offers loans and grants and for projects that improve farm-to-market infrastructure, including the use of reusable pallets in the country. Some states such as California, New York, Texas, Massachusetts, Illinois, and Oregon, as well as several municipalities, offer tax breaks or other incentives for businesses that adopt sustainable practices, which could benefit companies using plastic pallets.

For instance, in September 2023, Monoflo International announced the completion of construction of its new 325,000 square foot storage and logistics facility in Winchester, Virginia. This expansion initiative is aimed at doubling the warehouse storage capacity of Monoflo International to accommodate plastic pallets, trays, plastic totes, and bulk containers.

The industry players are adopting several strategic initiatives such as partnership agreements, expansions, joint ventures, mergers & acquisitions, and new product launches to increase the individual market share. For instance, in September 2023, DENIOS launched drum spill containment pallets that trap spills, drips, and leaks from drums to keep work areas safe and clean. These pallets are suitable to be used for the storage of acids and other corrosive liquids, coolants, and oils.

Market dynamics for plastic pallets in North America are influenced by the e-commerce boom, which leads to rising demand for lightweight and durable plastic pallets that are capable of handling increased online retail activities. For instance, in June 2023, Shein, a fashion company, announced its intent to expand its e-commerce operations in Mexico. The company plans to open a manufacturing facility in the country and is scouting for 35,000 square meters warehouse. The penetration of e-commerce companies in Mexico will drive the demand for plastic pallets to be used in warehouses.

North America Plastic Pallets Market Report Highlights:

Food & beverages dominated the application segment in 2023 with the largest revenue share in 2023. Growing safety concerns regarding the use of wooden pallets due to their poor resistance to pests and fungi growth contribute to increased adoption of plastic pallets in food & beverages.
Rising requirements to reduce the overall weight of bulk packaging due to rising fuel and transportation costs are driving the demand for lighter bulk packaging products. This is expected to drive the demand for plastic pallets.
Plastic pallet manufacturing involves computerized pallet design and injection molding processes that demand expensive tooling, which surges the overall price of end products. Furthermore, fluctuations in the availability of plastic resins are expected to challenge the North American plastic pallet market's growth.
The U.S. dominated the North America market for plastic pallets in 2023. The U.S. has a well-developed transportation and logistics infrastructure, including a vast network of highways, airports, and ports. This infrastructure necessitates efficient and durable materials such as plastic pallets for handling and transporting goods throughout the country.
In December 2023, C&T Matrix Ltd announced the success of its newly launched plastic pallets, which were designed to meet the specific requirements of the packaging industry. These pallets are food safe, adhere to BRC accreditation standards, and ensure compliance with hygiene standards. As stated by the company, it had sold over 2,000 units of these plastic pallets as of December 2023 to ensure safe and hygienic production.

Product Code: GVR-4-68040-304-3

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Materials & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
1.7. List of Abbreviations

Chapter 2. Executive Summary

2.1. Market Outlook, 2023 (USD Million)
2.2. Segmental Outlook
- 2.2.1. Material Outlook
- 2.2.2. Product Outlook
- 2.2.3. Application Outlook
2.3. Competitive Landscape Snapshot

Chapter 3. North America Plastic Pallets Market Variables, Trends, and Scope

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Raw Material Outlook
- 3.3.1. Major Raw Material Analysis
3.4. Manufacturing Trends
- 3.4.1. Injection Molding
- 3.4.2. Thermoforming
- 3.4.3. Manufacturing Processes Overview
3.5. Profit Margin Analysis
3.6. Technology Overview
3.7. Regulatory Framework
- 3.7.1. Policies And Incentive Plans
- 3.7.2. Impact Analysis Of T-MEC
- 3.7.3. U.S.
- 3.7.4. Regulatory Impact Analysis
3.8. Market Dynamics
- 3.8.1. Market Driver Analysis
- 3.8.2. Market Restraint Analysis
- 3.8.3. Market Challenges Analysis
- 3.8.4. Market Opportunity Analysis
3.9. Business Environment Analysis
- 3.9.1. Industry Analysis - Porter's
  - 3.9.1.1. Supplier Power
  - 3.9.1.2. Buyer Power
  - 3.9.1.3. Substitution Threat
  - 3.9.1.4. Threat from New Entrant
  - 3.9.1.5. Competitive Rivalry
- 3.9.2. PESTEL Analysis
  - 3.9.2.1. Political Landscape
  - 3.9.2.2. Environmental Landscape
  - 3.9.2.3. Social Landscape
  - 3.9.2.4. Technology Landscape
  - 3.9.2.5. Economic Landscape
  - 3.9.2.6. Legal Landscape
3.10. Latest Trends & Technologies in the North America Plastic Pallets Market
3.11. Impact of Geopolitical Conflicts on North America Plastic Pallets Market

Chapter 4. Plastic Pallets Market Price Trend Analysis

4.1. Price Trend Analysis by Material, 2018 - 2030 (USD/Unit)
4.2. Factors affecting the Pricing Deviations

Chapter 5. North America Plastic Pallets Market: Market Supplier Intelligence

5.1. Kraljic Matrix (Portfolio Analysis)
- 5.1.1. Non-Critical Items
- 5.1.2. Leverage Items
- 5.1.3. Bottleneck Items
- 5.1.4. Strategic Items
5.2. Engagement Model
5.3. Negotiation Strategies
5.4. Sourcing Best Practices
5.5. Vendor Selection Criteria

Chapter 6. North America Plastic Pallets Market: Material Estimates & Trend Analysis

6.1. Definition & Scope
6.2. Key Takeaways
6.3. Material Movement Analysis & Market Share, 2023 & 2030
- 6.3.1. High-Density Polyethylene (HDPE)
  - 6.3.1.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Million Units)
- 6.3.2. Low Density Polyethylene (PE)
  - 6.3.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Million Units)
- 6.3.3. Polypropylene (PP)
  - 6.3.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Million Units)
- 6.3.4. Other Materials
  - 6.3.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Million Units)

Chapter 7. North America Plastic Pallets Market: Product Estimates & Trend Analysis

7.1. Definition & Scope
7.2. Key Takeaways
7.3. Product Movement Analysis & Market Share, 2023 & 2030
- 7.3.1. Nestable
  - 7.3.1.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.3.2. Rackable
  - 7.3.2.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.3.3. Stackable
  - 7.3.3.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.3.4. Other Products
  - 7.3.4.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)

Chapter 8. North America Plastic Pallets Market: Application Estimates & Trend Analysis

8.1. Definition & Scope
8.2. Key Takeaways
8.3. Application Movement Analysis & Market Share, 2023 & 2030
- 8.3.1. Food & Beverages
  - 8.3.1.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Million Units)
- 8.3.2. Chemicals
  - 8.3.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Million Units)
- 8.3.3. Pharmaceutical
  - 8.3.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Million Units)
- 8.3.4. Petroleum & Lubricants
  - 8.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Million Units)
- 8.3.5. Automotive
  - 8.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Million Units)
- 8.3.6. Consumer Goods
  - 8.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Million Units)
- 8.3.7. Paint
  - 8.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Million Units)
- 8.3.8. Retail
  - 8.3.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Million Units)
- 8.3.9. Construction
  - 8.3.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Million Units)

Chapter 9. North America Plastic Pallets Market: Regional Estimates & Trend Analysis

9.1. Key Takeaways
9.2. Regional Movement Analysis & Market Share, 2023 & 2030
9.3. North America
- 9.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Million Units)
- 9.3.2. Market Estimates and Forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 9.3.3. Market Estimates and Forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 9.3.4. Market Estimates and Forecasts, by application, 2018 - 2030 (Million Units) (USD Million)
- 9.3.5. U.S.
  - 9.3.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Million Units)
  - 9.3.5.2. Market Estimates and Forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
  - 9.3.5.3. Market Estimates and Forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
  - 9.3.5.4. Market Estimates and Forecasts, by application, 2018 - 2030 (Million Units) (USD Million)
- 9.3.6. Canada
  - 9.3.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Million Units)
  - 9.3.6.2. Market Estimates and Forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
  - 9.3.6.3. Market Estimates and Forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
  - 9.3.6.4. Market Estimates and Forecasts, by application, 2018 - 2030 (Million Units) (USD Million)
- 9.3.7. Mexico
  - 9.3.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Million Units)
  - 9.3.7.2. Market Estimates and Forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
  - 9.3.7.3. Market Estimates and Forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
  - 9.3.7.4. Market Estimates and Forecasts, by application, 2018 - 2030 (Million Units) (USD Million)

Chapter 10. Competitive Landscape

10.1. Key Players & Recent Developments & Their Impact on the Industry
10.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
10.3. List of Key Raw Material Distributors and Channel Partners
10.4. List of Potential Customers
10.5. Company Market Share & Position Analysis, 2023
10.6. Company Heat Map Analysis
10.7. Company Dashboard Analysis
10.8. Strategy Mapping
- 10.8.1. Expansion
- 10.8.2. Collaboration/ Partnerships/ Agreements
- 10.8.3. New Material launches.
- 10.8.4. Mergers & Acquisitions
- 10.8.5. Divestment
- 10.8.6. Research & Development
- 10.8.7. Others

Chapter 11. Company Listing / Profiles

11.1. CHEP
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
11.2. Greystone Logistics
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
11.3. ORBIS Corporation
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
11.4. RPP Containers
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
11.5. GT+plastics
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
11.6. Rehrig Pacific Company
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
11.7. Monoflo International
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
11.8. Cabka Group GmbH
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
11.9. INDUSTRIAL Pallets
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
11.10. US Plastic Pallets & Handling
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
11.11. Buckhorn Inc.
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
11.12. Custom Built Plastic Pallets
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Benchmarking
11.13. iGPS
- 11.13.1. Company Overview
- 11.13.2. Financial Performance
- 11.13.3. Product Benchmarking
11.14. Decade Products, LLC
- 11.14.1. Company Overview
- 11.14.2. Financial Performance
- 11.14.3. Product Benchmarking
11.15. Premier Handling Solutions
- 11.15.1. Company Overview
- 11.15.2. Financial Performance
- 11.15.3. Product Benchmarking
11.16. Schoeller Allibert USA
- 11.16.1. Company Overview
- 11.16.2. Financial Performance
- 11.16.3. Product Benchmarking
11.17. The Nelson Company
- 11.17.1. Company Overview
- 11.17.2. Financial Performance
- 11.17.3. Product Benchmarking
11.18. Paxxal Inc
- 11.18.1. Company Overview
- 11.18.2. Financial Performance
- 11.18.3. Product Benchmarking
11.19. GORILLA PALLETS
- 11.19.1. Company Overview
- 11.19.2. Financial Performance
- 11.19.3. Product Benchmarking
11.20. BearBoard
- 11.20.1. Company Overview
- 11.20.2. Financial Performance
- 11.20.3. Product Benchmarking
11.21. TMF Corporation
- 11.21.1. Company Overview
- 11.21.2. Financial Performance
- 11.21.3. Product Benchmarking
11.22. TriEnda Holdings, LLC
- 11.22.1. Company Overview
- 11.22.2. Financial Performance
- 11.22.3. Product Benchmarking

Chapter 12. Strategic Recommendations/ Analyst Perspective

Product Code: GVR-4-68040-304-3

List of Tables

Table 1 North America Plastic Pallets Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Million Units)
Table 2 North America High Density Polyethylene (HDPE) Pallets Market Estimates and Forecasts, 2018 - 2030 (Million Units) (USD Million)
Table 3 North America Low Density Polyethylene (LDPE) Pallets Market Estimates and Forecasts, 2018 - 2030 (Million Units) (USD Million)
Table 4 North America Polypropylene (PP) Pallets Market Estimates and Forecasts, 2018 - 2030 (Million Units) (USD Million)
Table 5 North America Other Plastic Pallets Market Estimates and Forecasts, 2018 - 2030 (Million Units) (USD Million)
Table 6 North America Nestable Plastic Pallets Market Estimates and Forecasts, 2018 - 2030 (Million Units) (USD Million)
Table 7 North America Rackable Plastic Pallets Market Estimates and Forecasts, 2018 - 2030 (Million Units) (USD Million)
Table 8 North America Stackable Plastic Pallets Market Estimates and Forecasts, 2018 - 2030 (Million Units) (USD Million)
Table 9 North America Others Type Plastic Pallets Market Estimates and Forecasts, 2018 - 2030 (Million Units) (USD Million)
Table 10 North America Plastic Pallets Market Estimates and Forecasts, in Food & Beverage Application, 2018 - 2030 (Million Units) (USD Million)
Table 11 North America Plastic Pallets Market Estimates and Forecasts, in Chemicals Applications, 2018 - 2030 (Million Units) (USD Million)
Table 12 North America Plastic Pallets Market Estimates and Forecasts, in Pharmaceuticals Application, 2018 - 2030 (Million Units) (USD Million)
Table 13 North America Plastic Pallets Market Estimates and Forecasts, in Petroleum & Lubricants Application, 2018 - 2030 (Million Units) (USD Million)
Table 14 North America Plastic Pallets Market Estimates and Forecasts, in Construction Application, 2018 - 2030 (Million Units) (USD Million)
Table 15 North America Plastic Pallets Market Estimates and Forecasts, in Consumer Goods Application, 2018 - 2030 (Million Units) (USD Million)
Table 16 North America Plastic Pallets Market Estimates and Forecasts, in Paint Application, 2018 - 2030 (Million Units) (USD Million)
Table 17 North America Plastic Pallets Market Estimates and Forecasts, in Retail Application, 2018 - 2030 (Million Units) (USD Million)
Table 18 North America Plastic Pallets Market Estimates and Forecasts, in Automotive Application, 2018 - 2030 (Million Units) (USD Million)
Table 19 U.S. Plastic Pallets Market Estimates and Forecasts, By Material, 2018 - 2030 (Million Units) (USD Million)
Table 20 U.S. Plastic Pallets Market Estimates and Forecasts, By Product, 2018 - 2030 (Million Units) (USD Million)
Table 21 U.S. Plastic Pallets Market Estimates and Forecasts, By Application, 2018 - 2030 (Million Units) (USD Million)
Table 22 Canada Plastic Pallets Market Estimates and Forecasts, 2018 - 2030 (Million Units) (USD Million)
Table 23 Canada Plastic Pallets Market Estimates and Forecasts, By Material, 2018 - 2030 (Million Units) (USD Million)
Table 24 Canada Plastic Pallets Market Estimates and Forecasts, By Product, 2018 - 2030 (Million Units) (USD Million)
Table 25 Canada Plastic Pallets Market Estimates and Forecasts, By Application, 2018 - 2030 (Million Units) (USD Million)
Table 26 Mexico Plastic Pallets Market Estimates and Forecasts, 2018 - 2030 (Million Units) (USD Million)
Table 27 Mexico Plastic Pallets Market Estimates and Forecasts, By Material, 2018 - 2030 (Million Units) (USD Million)
Table 28 Mexico Plastic Pallets Market Estimates and Forecasts, By Product, 2018 - 2030 (Million Units) (USD Million)
Table 29 Mexico Plastic Pallets Market Estimates and Forecasts, By Application, 2018 - 2030 (Million Units) (USD Million)

List of Figures

Fig. 1 Information procurement
Fig. 2 Primary research pattern
Fig. 3 Primary Research Process
Fig. 4 Market research approaches - Bottom-Up Approach
Fig. 5 Market research approaches - Top-Down Approach
Fig. 6 Market research approaches - Combined Approach
Fig. 7 North America Plastic Pallets Market- Market Snapshot
Fig. 8 North America Plastic Pallets Market- Segment Snapshot (1/2)
Fig. 9 North America Plastic Pallets Market- Segment Snapshot (2/2)
Fig. 10 North America Plastic Pallets Market- Competitive Landscape Snapshot
Fig. 11 North America Plastic Pallets Market: Value Chain Analysis
Fig. 12 North America Plastic Pallets Market: Porter's Five Force Analysis
Fig. 13 North America Plastic Pallets Market: PESTEL Analysis
Fig. 14 North America Plastic Pallets Market: Material movement analysis, 2023 & 2030
Fig. 15 North America Plastic Pallets Market: Product movement analysis, 2023 & 2030
Fig. 16 North America Plastic Pallets Market: Application movement analysis, 2023 & 2030
Fig. 17 North America Plastic Pallets Market: Regional movement analysis, 2023 & 2030
Fig. 18 North America Plastic Pallets Market: Competitive Dashboard Analysis
Fig. 19 North America Plastic Pallets Market: Market Share Analysis, 2023

North America Plastic Pallets Market Size, Share & Trends Analysis Report By Material (HDPE, LDPE, PP), By Product (Nestable, Rackable, Stackable), By Application, By Country, And Segment Forecasts, 2024 - 2030

Description

Table of Contents

List of Tables

North America Plastic Pallets Market Growth & Trends:

North America Plastic Pallets Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. North America Plastic Pallets Market Variables, Trends, and Scope

Chapter 4. Plastic Pallets Market Price Trend Analysis

Chapter 5. North America Plastic Pallets Market: Market Supplier Intelligence

Chapter 6. North America Plastic Pallets Market: Material Estimates & Trend Analysis

Chapter 7. North America Plastic Pallets Market: Product Estimates & Trend Analysis

Chapter 8. North America Plastic Pallets Market: Application Estimates & Trend Analysis

Chapter 9. North America Plastic Pallets Market: Regional Estimates & Trend Analysis

Chapter 10. Competitive Landscape

Chapter 11. Company Listing / Profiles

Chapter 12. Strategic Recommendations/ Analyst Perspective

List of Tables

List of Figures