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The United States pallet market is expected to witness steady growth during the forecast period (2021-2026). Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
A pallet is a form of tertiary packaging that is used as a base for assembling, storing, stacking, handling and transporting goods. It is secured with a pallet collar, stretch wrap, adhesives, and other means of stabilization such as reusable straps, wraps and nets. A pallet is produced using a variety of materials like wood, plastic, paper, and metals, depending on the application. In the United States, pallets are extensively used by manufacturers and shippers of commercial goods to keep the contents off the ground, which helps in protecting them from standing water, dirt, and debris.
The United States pallet market is primarily driven by increasing housing and infrastructural activities. The rapid urbanization and industrialization and the growing logistics industry have also escalated the demand for pallets as they are relatively stronger than other containers such as cardboard boxes or plastic wrappers. This allows shippers to stack heavier objects on a single pallet without breaking them. Moreover, manufacturers have introduced several technological innovations, such as multiple-trip pallets, which help eradicate solid waste, reduce cost per trip and improve operational efficiency. They have also developed reusable and recyclable pallets for safe and efficient transportation.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States pallet market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type, application and structural design.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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