Due to reduced activity in the retail and manufacturing sectors during the recession, demand for Wood Pallets and Skids Production industry products diminished over the past five years. Falling revenue and depressed profit forced a number of companies out of the industry; consequently, the number of companies is estimated to have fallen, and profit margins have risen though not recovered to prereceesionary levels. Because of decreased sales to downstream industries during the recession, industry operators began increasing the range of their services to expand their customer base. Still, revenue failed to grow in line with the broader economic recovery, and companies in the industry have faced increased competition from imported products, presenting the possibility that the industry will begin reshaping in the next five years.
Companies in the US Wood Pallets and Skids Production industry manufacture wood pallets, wood box shook, wood boxes, wood skids, other wood containers and wood parts for pallets and containers. Companies purchase hardwood and softwood lumber from sawmills to manufacture this industry's wood products. These products are then sold to a host of downstream industries that use the pallets and containers to store and transport consumer and industrial goods.
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.