Mexico Pallet Market

Mexico Pallet Market Size and Share: 

The Mexico pallet market size reached USD 988.5 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,469.0 Million by 2033, exhibiting a growth rate (CAGR) of 4.50% during 2025-2033. The market share is expanding, driven by increasing investments in infrastructure projects, which is creating the need for efficient material handling, along with the rising free trade agreements with the United States.

Mexico Pallet Market Trends:

Increasing expenditure on infrastructure development projects

Rising investments in infrastructure development projects are fueling the Mexico pallet market growth. In March 2025, the New Mexico Senate sanctioned USD 1.2 Billion in one-time financing for local infrastructure, facilities, and equipment through an annual expenditure measure, known as ‘capital outlay’. Large-scale construction projects, including roads, bridges, airports, and industrial facilities, require the transportation of heavy materials, equipment, and supplies, which rely on pallets for safe and organized storage. As infrastructure development expands, the need for durable and high-quality pallets increases to ensure the smooth movement of raw materials like cement, steel, and construction aggregates. Additionally, the growing number of warehouses being built to support infrastructure projects further promotes pallet usage for storage and distribution. Many companies are also adopting eco-friendly pallet solutions, such as recycled or reusable pallets, to align with sustainability goals. As the expenditure on infrastructure projects is rising across Mexico, the market continues to broaden steadily.

Rising export activities

Increasing export activities are offering a favorable Mexico pallet market outlook. The data released by INEGI indicated that Mexico's export income reached USD 617.09 Billion in 2024, which was USD 24 Billion greater than the USD 593 Billion earned in 2023. With Mexico being a major exporter of products like automobiles, electronics, agricultural goods, and manufactured items, the demand for pallets continues to grow. Companies use sturdy pallets to ensure products remain intact during shipping, improving overall logistics efficiency. Wooden, plastic, and metal pallets are widely utilized to optimize storage and enhance product safety during long-distance transportation. As international trade expands, businesses are employing standardized pallet systems to comply with international shipping regulations, further bolstering the growth of the market. The rise of free trade agreements and increased trade relations with the US, Canada, and other countries is encouraging more companies to invest in high-quality pallets that enhance supply chain operations. Additionally, the growing use of automation in warehouses and supply chains is catalyzing the demand for durable and high-strength pallets that are compatible with robotic systems and conveyor belts. As export volumes increase, logistics companies, warehouses, and manufacturers are continuously looking for innovative and cost-effective pallet solutions to streamline storage, handling, and transportation, further fueling the market growth.

Mexico Pallet Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type, application, and structural design.

Type Insights:

• Wood
• Plastic
• Metal
• Corrugated Paper

The report has provided a detailed breakup and analysis of the market based on the type. This includes wood, plastic, metal, and corrugated paper.

Application Insights:

• Food and Beverages
• Chemicals and Pharmaceuticals
• Machinery and Metal
• Construction
• Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes food and beverages, chemicals and pharmaceuticals, machinery and metal, construction, and others.

Structural Design Insights:

• Block
• Stringer
• Others

The report has provided a detailed breakup and analysis of the market based on the structural design. This includes block, stringer, and others.

Regional Insights:

• Northern Mexico
• Central Mexico
• Southern Mexico
• Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Mexico, Central Mexico, Southern Mexico, and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Mexico Pallet Market News:

• In March 2025, City authorities of Santa Fe, in collaboration with an advisory committee, identified five city-owned sites in the area for potential development into two to three more pallet shelter "micro communities" for individuals experiencing homelessness in Mexico. The announcement followed the council's approval of USD 2 Million in January to acquire more pallet shelters, which were being procured.
• In December 2024, Oak Creek Wood Products (OCWP) teamed up with Grupo Lyrba, a prominent player in Mexico's recycling sector, for transforming the pallet manufacturing industry in Mexico. They aimed to enhance resource efficiency, minimize waste, and provide innovative pallet products that could serve the entire supply chain.

Mexico Pallet Market Report Coverage:

Key Questions Answered in This Report:

• How has the Mexico pallet market performed so far and how will it perform in the coming years?
• What is the breakup of the Mexico pallet market on the basis of type?
• What is the breakup of the Mexico pallet market on the basis of application?
• What is the breakup of the Mexico pallet market on the basis of structural design?
• What is the breakup of the Mexico pallet market on the basis of region?
• What are the various stages in the value chain of the Mexico pallet market? 
• What are the key driving factors and challenges in the Mexico pallet market?
• What is the structure of the Mexico pallet market and who are the key players?
• What is the degree of competition in the Mexico pallet market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Mexico pallet market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Mexico pallet market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Mexico pallet industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.