The Pallet and Skid Rental industry serves many markets including manufacturers, wholesalers, retailers and logistics operators. As a result, the demand for pallets often grows in line with the overall economy. Industry revenue is forecast to grow by an annualised 2.5% over the five years through 2015-16, to reach $561.6 million. This includes revenue growth of 2.6% during the current year, supported by favourable trends in merchandise trade and in the Integrated Logistics industry.
The industry is highly capital intensive, like most rental industries, and firms incur substantial depreciation and repair costs maintaining the inventory of pallets and skids.
Industry operators are primarily engaged in renting pallets and skids to manufacturers, wholesalers and retailers for use in the storage and transportation of goods. Following usage, pallets and skids are returned to industry operators for cleaning and repairs.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.
