Wooden Pallet Market Size & Share Analysis - Growth Trends & Forecast (2025 - 2030)

The Wooden Pallet Market Report is Segmented by Material Type (Hardwood and Softwood), End-User Industry (Transportation & Warehousing, Food & Beverages, Pharmaceuticals, Retail, Manufacturing, and Other End-User Industries), and Geography (North America [United States and Canada], Europe [France, Germany, Italy, Spain, United Kingdom, and Rest of Europe], Asia-Pacific [China, India, Japan, Australia & New Zealand, and Rest of Asia-Pacific], Latin America [Brazil, Mexico, Argentina, and Rest of Latin America], and Middle East and Africa [United Arab Emirates, Saudi Arabia, Egypt, South Africa, and Rest of Middle East and Africa]). The Report Offers Market Sizes and Forecasts in Volume for all the Above Segments.

Wooden Pallet Market Size & Share Analysis - Growth Trends & Forecast (2025 - 2030)

Wooden Pallet Market Size

Wooden Pallet Market Summary
Study Period 2019 - 2030
Market Volume (2025) 5.74 Billion units
Market Volume (2030) 7.08 Billion units
CAGR 4.26 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Wooden Pallet Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Wooden Pallet Market with other markets in Packaging Industry

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Wooden Pallet Market Analysis

The Wooden Pallet Market size in terms of shipment volume is expected to grow from 5.74 billion units in 2025 to 7.08 billion units by 2030, at a CAGR of 4.26% during the forecast period (2025-2030).

  • Wood pallets are one of the primary elements of various industries, including the logistics sector. These pallets are a carrier unit that acknowledges the mechanized transportation, circulation, and distribution of goods. The rising demand for cost-effective and efficient transportation and storage solutions across various industries, such as food and beverage and manufacturing, is fueling the growth of the wooden pallet market in terms of value sales. Additionally, the growth of international trade and e-commerce industries drives the demand for wooden pallets globally.
  • Businesses and manufacturers are increasingly adopting circular business models that prioritize the reuse of wooden pallets in the market to achieve sustainability, which has become a significant trend in pallet production. There is a growing emphasis on eco-friendly manufacturing practices, which has led to an improved demand for wooden pallets in the industry. Wood pallets are highly durable and long-lasting, making them an ideal choice for end users.
  • Additionally, rapid technological advancements have influenced the demand for wooden pallets. With new technology, measuring wood pallet sizes and optimizing storage have become more efficient. Technology has also reinvented the material handling process in warehouses. For instance, many facilities now use automated systems instead of employing workers to operate forklifts. This shift to automation has increased efficiency and made handling wooden pallet material more convenient and practical.
  • Technological advancements have significantly transformed the design and manufacturing of customized wooden pallets. Computer-aided design (CAD) software allows for precise engineering and customization, enabling the creation of pallets tailored to specific requirements.
  • Moreover, sales in wooden pallet pooling are expected to increase due to rising demand for lowering logistic costs, eliminating the need for managing pallet distribution and reducing the complexity of pallet purchase, management, and retrieval. In addition, technological advancements create growth prospects for the wooden pallet pooling industry. Various wood pallet pooling companies focus on introducing customized wooden pallets covered in radio frequency identification (RFID) tags. Thus, the wood pallet pooling market can benefit from automation and demand for various end-user segments.
  • The global demand for customized wooden pallets is increasing as the industry diversifies and shipping challenges evolve. This customization entails tailoring pallets to various industries, products, and logistical requirements. For instance, the automotive industry requires customized pallets with specific dimensions to store car parts. In contrast, the food and beverage industry needs custom pallets with hygienic features to comply with safety regulations.
  • Further, custom wooden pallets are designed to optimize space utilization during transportation. These wooden Pallets are modified to enable interlocking, stacking, or nesting, mitigating wasted space in containers, trucks, and warehouses. This customization enhances efficiency and cuts down costs associated with transportation and storage.

Wooden Pallet Industry Overview

The wooden pallets market is fragmented, with various global and local players operating. The market players have adopted key developmental strategies, such as new technological advancements, to fuel the growth of the wooden pallets market in terms of value sales. They also continuously focus on research and development to keep a strong foothold in the market and boost the demand for wooden pallets. The key players in the wooden pallets market include Falkenhahn AG, CHEP (Brambles Limited), EXZOD India Private Limited, NEFAB Group, and UFP Industries Inc.

May 2024: PalletOne Inc., a division of UFP Industries Inc., a leading provider of new wooden pallets and packaging solutions, celebrated the first anniversary of its innovative management service, 'Pallet Concierge,' introduced in May 2023. This service assigns each client a specialized pallet solutions expert to enhance procurement efficiency and tackle market supply chain challenges.

Wooden Pallet Market Leaders

  1. Falkenhahn AG

  2. CHEP (Brambles Limited)

  3. EXZOD India Private Limited

  4. UFP Industries, Inc.

  5. NEFAB Group

  6. *Disclaimer: Major Players sorted in no particular order
Wooden Pallet Market Concentration
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Wooden Pallet Market News

  • January 2024: Information accessed in the first quarter of 2024 revealed that Kite Packaging revamped its range by introducing eco-friendly pallets in July 2023. This includes nestable and rackable timber and press wood pallets alongside plastic alternatives. The newly introduced rackable pallets are tailored for warehouse racking, offering a budget-friendly means to store palletized goods efficiently. The heavy-duty nature of the products makes them ideal for long-distance shipping and positions them as a strong contender for export purposes.
  • May 2024: Jay Wood Industry, a prominent Indian manufacturer specializing in wooden pallets, boxes, and packaging solutions, announced its ambitious goal to boost production to 6 million units in May 2023. Now, a year later, the company is diligently working to continue strategizing its growth plans toward this target to meet the surging demands of its consumer base.

Wooden Pallet Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Value Chain Analysis
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Industry Regulations, Policies, & Standards for Wooden Pallet Management Globally
  • 4.5 Emerging Trends in Wooden Pallet Industry & Development of New Pallet Formats
  • 4.6 Analysis of Pallets in Circulation Globally (as of 2023)
  • 4.7 Pallet Volume Shipment Analysis - Overall Pallets Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Growing Innovation in Custom Wooden Pallet Design
    • 5.1.2 Increasing Demand for Wood Pallets as Tertiary Packaging
  • 5.2 Market Restraint
    • 5.2.1 Rising Penetration of Plastic Pallets Globally

6. MARKET SEGMENTATION

  • 6.1 By Material Type
    • 6.1.1 Hardwood
    • 6.1.2 Softwood
  • 6.2 By End-user Industry
    • 6.2.1 Transportation & Warehousing
    • 6.2.2 Food & Beverages
    • 6.2.3 Pharmaceuticals
    • 6.2.4 Retail
    • 6.2.5 Manufacturing
    • 6.2.6 Other End-user Industries
  • 6.3 Geography***
    • 6.3.1 North America
    • 6.3.1.1 United States
    • 6.3.1.2 Canada
    • 6.3.2 Europe
    • 6.3.2.1 France
    • 6.3.2.2 Germany
    • 6.3.2.3 Italy
    • 6.3.2.4 Spain
    • 6.3.2.5 United Kingdom
    • 6.3.3 Asia
    • 6.3.3.1 China
    • 6.3.3.2 India
    • 6.3.3.3 Japan
    • 6.3.3.4 Australia & New Zealand
    • 6.3.4 Latin America
    • 6.3.4.1 Brazil
    • 6.3.4.2 Mexico
    • 6.3.4.3 Argentina
    • 6.3.5 Middle East & Africa
    • 6.3.5.1 United Arab Emirates
    • 6.3.5.2 Saudi Arabia
    • 6.3.5.3 Egypt
    • 6.3.5.4 South Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles*
    • 7.1.1 CHEP (Brambles Limited)
    • 7.1.2 UFP Industries Inc.
    • 7.1.3 Falkenhahn AG
    • 7.1.4 NEFAB Group
    • 7.1.5 EXZOD India Private Limited
    • 7.1.6 Loscam International Holdings Co. limited
    • 7.1.7 LEAP India Private Limited
    • 7.1.8 Pacific Pallets Pvt. Ltd
    • 7.1.9 Unaka Forest Products, Inc.
    • 7.1.10 Totre Industries

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific'. Other European Countries will be studied together as 'Rest of Europe', Other Asian Countries will be studied together as 'Rest of Asia Pacific', Other Latin American Countries will be studied together as ' Rest of Latin America', and Other Middle East and African Countries will be studied together as ' Rest of Middle East and Africa'.
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Wooden Pallet Industry Segmentation

A wooden pallet is typically a form of tertiary packaging that facilitates the handling and transporting of goods and information with labeling and convenience. These pallets are the most common base for the unit load, including the pallet and the goods stacked atop it. They are typically secured by stretch wrap, strapping, shrink wrap, adhesive, pallet collar, and other stabilization means. The wooden pallet market encompasses the qualitative analysis of new and new wood pallets already circulating globally. The countries listed are dynamic based on the current demand status, supply, regulations, and other factors.

The wooden pallet market is segmented by material type (hardwood and softwood), end-user industry (transportation & warehousing, food & beverages, pharmaceuticals, retail, manufacturing, and other end-user industries), and geography (North America [United States and Canada], Europe [France, Germany, Italy, Spain, United Kingdom, and Rest of Europe], Asia-Pacific [China, India, Japan, Australia & New Zealand, and Rest of Asia-Pacific], Latin America [Brazil, Mexico, Argentina, and Rest of Latin America], and Middle East and Africa [United Arab Emirates, Saudi Arabia, Egypt, South Africa, and Rest of Middle East and Africa]). The report offers market forecasts and volume sizes for all the above segments.

By Material Type Hardwood
Softwood
By End-user Industry Transportation & Warehousing
Food & Beverages
Pharmaceuticals
Retail
Manufacturing
Other End-user Industries
Geography*** North America United States
Canada
Europe France
Germany
Italy
Spain
United Kingdom
Asia China
India
Japan
Australia & New Zealand
Latin America Brazil
Mexico
Argentina
Middle East & Africa United Arab Emirates
Saudi Arabia
Egypt
South Africa
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Wooden Pallet Market Research FAQs

How big is the Wooden Pallet Market?

The Wooden Pallet Market size is expected to reach 5.74 billion units in 2025 and grow at a CAGR of 4.26% to reach 7.08 billion units by 2030.

What is the current Wooden Pallet Market size?

In 2025, the Wooden Pallet Market size is expected to reach 5.74 billion units.

Who are the key players in Wooden Pallet Market?

Falkenhahn AG, CHEP (Brambles Limited), EXZOD India Private Limited, UFP Industries, Inc. and NEFAB Group are the major companies operating in the Wooden Pallet Market.

Which is the fastest growing region in Wooden Pallet Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Wooden Pallet Market?

In 2025, the North America accounts for the largest market share in Wooden Pallet Market.

What years does this Wooden Pallet Market cover, and what was the market size in 2024?

In 2024, the Wooden Pallet Market size was estimated at 5.50 billion units. The report covers the Wooden Pallet Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Wooden Pallet Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Wooden Pallet Industry Report

Statistics for the 2025 Wooden Pallet market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Wooden Pallet analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.