Sturdy platform: Pallet pooling systems are expected to support industry revenue growth

The Pallet and Skid Rental industry serves many markets, including manufacturers, wholesalers, retailers and logistics operators. Rental firms mainly supply pallets and skids to customers through a rental pooling system, which ensures that downstream users have access to pallets through each stage of the supply chain, without having to buy and maintain the equipment. Rental firms are responsible for supplying suitable pallets and skids, repairing and cleaning the equipment, and monitoring their movements through each stage of the supply chain.The industry is highly capital intensive, which reflects substantial investment in rental stock, along with storage facilities and pallet repair workshops...read more.

Industry Statistics & Market Size
Revenue
$628m
Annual Growth 14-19
2.4%
Forecast Growth 19-24
Profit
Employment
1,640
Businesses
35
Market Share of Companies

Industry Threats & Opportunities

  • Economies of scale have helped larger firms maintain market share over the past five years
  • Enterprise numbers have declined over the past five years, but establishment numbers have grown
  • Industry operators are expected to increasingly focus on supply chain management
  • Industry Report - Starting a New Business Chapter

    The Pallet and Skid Rental industry has high entry barriers. This stems from the market dominance of the two leading players. The concentration of industry ownership by Brambles and Loscam limits the market available to new operators. The established players have contracts in place with large-scale customers, typically within a pooling arrangement. These players are experienced in manufacturing pallets and skids, have extensive logistics networks and have developed physical and online systems to track pallets and provide for a sound customer experience.New operators could put forth a large capital outlay and still be unable to compete due to their lack of experience and inability to secure contracts with existing Brambles and Loscam customers. The...purchase to read more.

    Additional Insights for the Pallet and Skid Rental Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Pallet and Skid Rental Industry are

  • Ability to effectively manage debtors
  • Ability to alter goods and services produced in favour of market conditions
  • Business expertise of operators
  • IBISWorld analysts also discuss how external factors such as Demand from integrated logistics and Demand from manufacturing in the Pallet and Skid Rental industry impact industry performance..

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    What's in this report

    What is the Pallet and Skid Rental Industry?

    Industry operators primarily lease 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.

    Industry Products
  • Other pallet and skid rental
  • Wooden pallet and skid rental
  • Plastic pallet and skid rental
  • Industry Activities
  • Pallet rental
  • Skid rental
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from integrated logistics
  • Demand from manufacturing
  • Demand from retail trade
  • Demand from road freight transport
  • Demand from wholesale trade
  • Total merchandise imports and exports

  • Current Performance
  • Competition and profitability
  • Buying and renting
  • Downstream demand
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit and participation
  • Asset management
  • Environmental concerns
  • Global standardisation
  • Table: Pallet and Skid Rental Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Pallet and Skid Rental Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Wholesale Trade
  • Road Freight Transport
  • General Warehousing and Cold Storage
  • Supermarkets and Grocery Stores
  • Hardware and Building Supplies Retailing
  • Integrated Logistics

  • Key Selling Industries
  • Pallets and Other Wood Product Manufacturing

  • Products & Services
  • Wooden pallet and skid rental
  • Plastic pallet and skid rental
  • Other pallet and skid rental
  • Chart: Pallet and Skid Rental Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturers
  • Wholesalers
  • Logistics operators
  • Retailers
  • Chart: Major Market Segmentation for the Pallet and Skid Rental Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Pallet and Skid Rental

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Pallet and Skid Rental Industry

  • Industry Globalization
    Brambles Limited, Loscam Australia Pty Ltd,
  • Table: Brambles Limited - financial performance
  • Table: Loscam Australia Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Pallet and Skid Rental Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Pallet and Skid Rental Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Australian Standard Pallet
  • Hardwood pallet with dimensions of 1,165 millimetres x 1,165 millimetres, and recognised as one of six international standard pallet sizes.
  • Chep
  • Originally the Commonwealth Handling Equipment Pool, which was developed by the Federal Government after World War II. Acquired by Brambles in 1958.
  • Pallet
  • Flat transport structure comprising a top and bottom deck, with bearers connecting the decks and providing support.
  • Pallet Pooling
  • Shared use of rented pallets between different companies and levels of the supply chain, managed by one pallet rental operator.
  • Skid
  • Flat transport structure with a top deck and bearers, but no bottom deck.
  • Stillage
  • A pallet or skid with a cage or fixed sides that can be used to store or separate goods in transit.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Pallet and Skid Rental market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Pallet and Skid Rental:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Pallet and Skid Rental market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Pallet and Skid Rental, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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