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Pallet Demand To Increase

- 8/5/2009
New York NY – Reportlinker.com released a new market research report titled U.S. Pallets Market.

U.S. demand for pallets is forecast to grow about 2% annually through 2012 to 670 million pallets. Pallets made from wood will continue to account for a dominant share of the U.S. market, while plastic pallets will experience the fastest gains in demand.

Demand for plastic pallets is projected to rise nearly 5% per year to more than 50 million pallets in 2012. According to the report, pallet users are opting for plastic pallets due to their durability, ease of cleaning and ability to be recycled.

Wood pallets are forecast to account for almost 90% of the market in 2012. However, demand for wood pallets is projected to rise at a rate just below that of the market average. Demand gains will be restrained by the growth of pallet refurbishing services, as users seek to reduce the environmental impact of pallet consumption by trying to reuse and refit pallets, rather than disposing of them at the earliest opportunity.

Read the full story at live-pr.com.

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