United Kingdom (UK) Pallet Market Research Report, 2028

The United Kingdom (UK) Pallet market is expected to add USD 162 Million by 2023-28.

Pallets allow items to be simply and safely batched up, loaded, and transported while optimising space and efficiency, saving suppliers and their customer’s time and money. Wooden pallets are also the most ecologically friendly and least priced solution. This is why economists have identified pallets as one of the pillars of free-flowing international trade over the last six decades. For many years, wood's low cost, adaptability, cleanliness credentials, and abundant availability have helped it maintain 90% of the UK pallet market. Its better sustainability is also becoming increasingly crucial to enterprises. The UK pallet business is also seeing increased attention from a diverse variety of enterprises in the express parcels and logistics sectors, which is expected to accelerate the increase in pallet demand. Furthermore, the utilisation of UK-sourced timber in the construction of pallets has increased. 

According to the research report UK pallet Market Research Report, 2028, published by Actual Market Research, the market is expected to add USD 162 Million in the upcoming period, 2023-28. The pallets market is divided into four categories: type, application, material, and end-user. The market is divided into four material categories: wood, plastic, Metal, Corrugated and Others. Rackable, stackable, and others are the different types. It is classified as rental or non-rental according on its application. End-user industries include food and beverage, chemical, retail, pharmaceutical, and others. By material, the wood segment led the pallets market in terms of revenue. Wood pallets are in high demand throughout a wide range of sectors, including logistics & transportation, building & construction, etc. The majority of pallets in use today are made of wood, and they are one of the main contributors to municipal solid garbage (MSW). Furthermore, discarded wooden pallets are high in energy, which is typically lost during MSW disposal. As a result, industries are already implementing recycling ways to decrease wood waste in pallet manufacture. When a wooden pallet is deteriorated to the point that restoration is no longer possible, it is time to recycle. Pallets are recycled by companies such as panels and composite block, or they are turned into animal bedding or delivered to biomass generators for sustainable energy. In the UK and EU region combined, there are an estimated three billion wooden pallets in circulation, with an annual output of roughly 500 million. To further lower its overall carbon footprint, responsible producers employ certified sustainable wood (PEFC or FSC certified sources). Every year, the packaging and pallet industries in Europe utilize around 20 million cubic meters of material. Each pallet has about 27kg of carbon. 

According to a recent study conducted by the United Kingdom Warehousing Association (UKWA) and Savills, there are over 1,500 distinct warehouse facilities in the UK, each with more than 100,000 square feet of area. This equates to little about 424 million square feet of warehouse area utilised for storage and distribution [1]. However, the combination of diminishing UK-wide space supply for the seventh consecutive year and consistent rise in demand for omni-channel retail fulfilment means there is pressure to do more with less. Tenants in the United Kingdom originally opposed the concept of multi-level flats, stating concerns that global parcel operators aren't used to functioning in this manner. This makes funding the construction costs exceedingly difficult.

Pallet manufacturers in the UK produce various kinds of pallets of different sizes and shapes. And also produce bespoke pallets that come with designs that are tailored to serve your business effectively. Some of the major Pallet Manufacturers in the UK are Associated Pallets, Abbey Services, PH Pallets, JCS Pallets, Pine Products, James Jones & Sons, Penntree, Pallet Sales & Repairs, GFB Pallets and HG Timber.

Considered in this report
• Geography: UK
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• UK pallet market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Application Type
• Rental
• Non- rental

By Material Type 
• Wood
• Plastic
• Metal
• Corrugated
• Others

By End user Type
• Food and Beverages
• Chemicals
• Pharmaceuticals and Healthcare
• Automotive
• Transportation & Warehousing
• Consumer goods and Retail
• Engineering
• Agriculture
• Other End Use 

By Structural Design 
• Block 
• Stringer
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. 

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to pallet market, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

 

 

 

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Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. Geography
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. United Kingdom (UK) Macro Economic Indicators
  • 5. Market Dynamics
  • 5.1. Key Findings
  • 5.2. Key Developments - 2021
  • 5.3. Market Drivers & Opportunities
  • 5.4. Market Restraints & Challenges
  • 5.5. Market Trends
  • 5.6. Covid-19 Effect
  • 5.7. Supply chain Analysis
  • 5.8. Policy & Regulatory Framework
  • 5.9. Industry Experts Views
  • 6. United Kingdom (UK) Pallet Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Size and Forecast By Material Type
  • 6.3. Market Size and Forecast By End Use
  • 6.4. Market Size and Forecast By Application Type
  • 6.5. Market Size and Forecast By Structural Design Type
  • 7. United Kingdom (UK) Pallet Market Segmentations
  • 7.1. United Kingdom (UK) Pallet Market, By Material Type
  • 7.1.1. United Kingdom (UK) Pallet Market Size, By Wood, 2017 -2028
  • 7.1.2. United Kingdom (UK) Pallet Market Size, By Plastic, 2017 -2028
  • 7.1.3. United Kingdom (UK) Pallet Market Size, By Metal, 2017 -2028
  • 7.1.4. United Kingdom (UK) Pallet Market Size, By Corrugated, 2017 -2028
  • 7.1.5. United Kingdom (UK) Pallet Market Size, By Others, 2017 -2028
  • 7.2. United Kingdom (UK) Pallet Market, By End Use
  • 7.2.1. United Kingdom (UK) Pallet Market Size, By Food and Beverages, 2017 -2028
  • 7.2.2. United Kingdom (UK) Pallet Market Size, By Chemicals, 2017 -2028
  • 7.2.3. United Kingdom (UK) Pallet Market Size, By Pharmaceuticals and Healthcare, 2017 -2028
  • 7.2.4. United Kingdom (UK) Pallet Market Size, By Automotive, 2017 -2028
  • 7.2.5. United Kingdom (UK) Pallet Market Size, By Transportation & Warehousing, 2017 -2028
  • 7.2.6. United Kingdom (UK) Pallet Market Size, By Consumer goods and Retail, 2017 -2028
  • 7.3. United Kingdom (UK) Pallet Market, By Application Type
  • 7.3.1. United Kingdom (UK) Pallet Market Size, By Rental, 2017 -2028
  • 7.3.2. United Kingdom (UK) Pallet Market Size, By Non-Rental, 2017 -2028
  • 7.4. United Kingdom (UK) Pallet Market, By Structural Design Type
  • 7.4.1. United Kingdom (UK) Pallet Market Size, By Block, 2017 -2028
  • 7.4.2. United Kingdom (UK) Pallet Market Size, By Stringer, 2017 -2028
  • 7.4.3. United Kingdom (UK) Pallet Market Size, By Others, 2017 -2028
  • 8. United Kingdom (UK) Pallet Market Opportunity Assessment
  • 8.1. By Material Type, 2023 to 2028
  • 8.2. By End Use, 2023 to 2028
  • 8.3. By Application Type, 2023 to 2028
  • 8.4. By Structural Design Type, 2023 to 2028
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profile
  • 9.2.1. Company 1
  • 9.2.1.1. Company Snapshot
  • 9.2.1.2. Company Overview
  • 9.2.1.3. Financial Highlights
  • 9.2.1.4. Geographic Insights
  • 9.2.1.5. Business Segment & Performance
  • 9.2.1.6. Product Portfolio
  • 9.2.1.7. Key Executives
  • 9.2.1.8. Strategic Moves & Developments
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Table

Table 1 : Influencing Factors for Global Pallet Market, 2022
Table 2: United Kingdom (UK) Pallet Market Size and Forecast By Material Type (2017, 2022 & 2028F)
Table 3: United Kingdom (UK) Pallet Market Size and Forecast By End Use (2017, 2022 & 2028F)
Table 4: United Kingdom (UK) Pallet Market Size and Forecast By Application Type (2017, 2022 & 2028F)
Table 5: United Kingdom (UK) Pallet Market Size and Forecast By Structural Design Type (2017, 2022 & 2028F)
Table 6: United Kingdom (UK) Pallet Market Size and Forecast By Types (2017, 2022 & 2028F)
Table 7: United Kingdom (UK) Pallet Market Size of Wood (2017 to 2028) in USD Billion
Table 8: United Kingdom (UK) Pallet Market Size of Plastic (2017 to 2028) in USD Billion
Table 9: United Kingdom (UK) Pallet Market Size of Metal (2017 to 2028) in USD Billion
Table 10: United Kingdom (UK) Pallet Market Size of Corrugated (2017 to 2028) in USD Billion
Table 11: United Kingdom (UK) Pallet Market Size of Others (2017 to 2028) in USD Billion
Table 12: United Kingdom (UK) Pallet Market Size of Food and Beverages (2017 to 2028) in USD Billion
Table 13: United Kingdom (UK) Pallet Market Size of Chemicals (2017 to 2028) in USD Billion
Table 14: United Kingdom (UK) Pallet Market Size of Pharmaceuticals and Healthcare (2017 to 2028) in USD Billion
Table 15: United Kingdom (UK) Pallet Market Size of Automotive (2017 to 2028) in USD Billion
Table 16: United Kingdom (UK) Pallet Market Size of Transportation & Warehousing (2017 to 2028) in USD Billion
Table 17: United Kingdom (UK) Pallet Market Size of Consumer goods and Retail (2017 to 2028) in USD Billion
Table 18: United Kingdom (UK) Pallet Market Size of Rental (2017 to 2028) in USD Billion
Table 19: United Kingdom (UK) Pallet Market Size of Non-Rental (2017 to 2028) in USD Billion
Table 20: United Kingdom (UK) Pallet Market Size of Block (2017 to 2028) in USD Billion
Table 21: United Kingdom (UK) Pallet Market Size of Stringer (2017 to 2028) in USD Billion
Table 22: United Kingdom (UK) Pallet Market Size of Others (2017 to 2028) in USD Billion

List of Figures
Figure 1: United Kingdom (UK) Pallet Market Size By Value 2017 to 2028F (in USD Billion)
Figure 2: Market Attractiveness Index, By Material Type
Figure 3: Market Attractiveness Index, By End Use
Figure 4: Market Attractiveness Index, By Application Type
Figure 5: Market Attractiveness Index, By Structural Design Type
Figure 6: Porter's Five Forces of United Kingdom (UK) Pallet Market
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United Kingdom (UK) Pallet Market Research Report, 2028

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