Industry Analysis & Industry Trends
Demand for wooden containers is driven by trends in manufacturing activity, wholesaling activity, UK export levels and the subsequent demand for the transportation and storage of goods. The industry rebounded over the past five years after declining at the start of the period when dwindling manufacturing activity, falling UK exports and weak wholesaling activity eroded demand. Industry revenue growth in the subsequent years was attributable to improvements in wholesaling activity. Increased timber prices also contributed positively as operators raised prices to pass on some of the cost increases to customers. However, manufacturing activity remained weak and on the whole UK exports decreased, which curtailed expansion... purchase to read more
Industry Report - Industry Products Chapter
Annual UK pallet production ranges from 55 to 60 million newly manufactured units, including those with two- and four-way access for forklifts. Pallet manufacturers also produce pallet collars and a folding steel-hinged accessory, which allows for safer stacking and transport. Some manufacturers also produce box pallets, which are heavy-duty corrugated cardboard boxes mounted on a wooden pallet for ease of lifting and transport. The majority of this segment is made up of flat pallets and pallet collars, with box pallets and load boards accounting for a much smaller percentage of industry revenue.
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