Manufacturing Pallets- Plastic, Metal and Wood

Bharatbook.com announces a new report on "Manufacturing Pallets- Plastic, Metal and Wood" analysts The number of pallets in use in the US is forecast to grow 2.4 percent annually to 2.6 billion in 2017, with annual demand for new pallets increasing 3.5 percent per year to 1.3 billion units.

ListFree.org (Press Release) - Friday, June 7th, 2013

June 07 ,2013 : Bharat Book Bureau presents the new report, on ‘Manufacturing Pallets- Plastic, Metal and Wood’ A number of factors will contribute to sales growth. First, rising manufacturers’ shipments will require producers to add to their existing stocks in order to have enough pallets on hand to handle higher output levels. Second, the 2007-2009 economic recession negatively impacted new lumber pallet demand because refurbished pallets were a lower-cost alternative for cash-strapped producers. As a result, relatively few new pallets were purchased during the downturn, leaving owners unable to maintain stock quality. Going forward, a more favorable economic climate will induce companies to discard these aging refurbished units and purchase new ones, fueling stronger demand growth. Third, block pallets are expected to make up a larger share of the market total, and growing numbers of manufacturers will replace their existing stringer pallets with new block units.

Manufacturing market to outpace warehousing uses
Manufacturing pallet demand will outpace warehousing market sales through 2017, fueled by a rebound in shipments following a period of decline and supported by a trend toward insourcing as labor costs rise in developing countries and shipping costs continue to climb. Warehousing pallet demand will moderate from gains posted during the 2007-2012 period for two reasons. The primary reason is growth in use of pallet management services that are able to skillfully maintain pallet stocks with minimal new product purchases, tempering increases in demand. These firms provide producers and distributors with the pallets they require, eliminating the need for them to purchase and maintain their own pallets. The use of pallet management services also frees up pallet storage space that can instead be utilized for components and finished goods. The second reason for the expected deceleration in warehousing pallet market advances is the growing maturity of this industry, as much of the shift towards third-party providers has already occurred.

Plastic, metal pallets to gain market share on wood
Wood pallets are projected to remain the most commonly used product type through 2017, although competitive products will register more impressive sales gains. Plastic pallets have seen the strongest advances historically in percentage terms, and they will continue to record above-average stock and demand increases. They last for many years and are fully recyclable, allowing producers to tout both their lower lifecycle costs and environmental friendliness. Metal pallet demand, however, will rise at the fastest pace of any product type through 2017 due to a large build-up in idle stocks during the 2007-2009 recession and the generally slow economic recovery that followed. As manufacturers’ shipments fell between 2007 and 2009, metal pallets were taken out of active stocks and put in storage because they represented too significant an investment to be simply discarded. As output levels recovered, these idle metal pallets were used to meet product requirements, severely limiting new pallet sales in 2012. Through 2017, demand will advance rapidly from the low 2012 market base as idle stocks are eliminated and new units are purchased.

Study coverage
Details on these and other findings are contained in the upcoming Freedonia industry study, Pallets, priced at $5100. It presents historical demand data (2002, 2007, 2012) plus forecasts for 2017 and 2022 by material, product, market and US region. In addition, the study assesses market environment factors, examines the industry structure, evaluates company market share, and profiles 50 competitors in the US industry.

Table of contents:
INTRODUCTION xi

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4
General 4
Macroeconomic Environment 5
Demographic Trends 8
Manufacturing Outlook 12
Durable Goods 15
Nondurable Goods 17
Warehousing Expenditures 20
Construction Expenditures 23
Historical Overview 26
Environmental Issues 28
Cross-Contamination Issues 30
Competitive Products 35
Pricing Trends 37
Metal 40
Plastic 40
Engineered Wood 41
Lumber 41
Corrugated Paper 43
Foreign Trade 43
World Market 47
Western Europe 48
Asia/Pacific 49
Other Regions 50
Pallet Management Services 52
Relationship Between Stock & Demand 54
Pallet Lifespans 56

III. MATERIALS 59
General 59
Wood 60
Lumber 62
New Pallets 64
Refurbished Pallets 65
Engineered Wood 67
New Pallets 69
Refurbished Pallets 70
Plastics 71
Demand by Resin 73
HDPE 73
Other Resins 74
Demand by Source 75
New Resin 75
Reclaimed Resin 76
Corrugated Paper 77
Metal 78
Steel 80
Aluminum 82
Fasteners 83

For more information kindly visit : http://www.bharatbook.com/construction-market-research-reports/pallets-to-2017.html

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