Report: Block pallets drive U.S. market by 2018

Editor’s Note:  The following appears in Modern Material Handling online newsletter

By Modern Materials Handling Staff August 04, 2014

According to a new report recently released by Sandler Research, an online market research store for research reports on multiple industries, and conducted by TechNavio, large retailers are shifting to block pallets over stringer pallets.

“Large retailers are shifting to block pallets over stringer pallets, consequently manufacturers are expected to focus on manufacturing block pallets,” an analyst from TechNavio’s team said in a release. “Block pallets are expected to account for a large proportion of the market by 2018. Costco and Walmart, two leading retailers in the U.S., recently announced their preference for block pallets. This trend is aiding the growth of large pallet poolers such as CHEP and PECO, which only deal in block pallets, and puts small, family-owned, or independent producers who only manufacture stringer pallets at a disadvantage.”

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The study, which can be purchased on the Sandler Research web site, was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.