Global pallets market seen reaching $122.3B by 2030

Allied Market Research says the global pallets market is on track to grow from $66.0 billion in 2015 to $122.3 billion by 2030, driven by sustainable packaging demand and growth in emerging economies. Asia-Pacific held the largest share in 2015, while rental pallets and display pallets are projected to post the fastest growth. Why it matters: - The pallets market sits inside the logistics and packaging supply chain, so its growth tracks broader manufacturing, warehousing and shipping activity. - A market forecast of $122.3 billion by 2030 points to steady demand for pallet systems across industrial and retail distribution. - Sustainability pressure is shaping buying decisions as companies look for reusable and efficient packaging options. What happened: - Allied Market Research projected the global pallets market will rise from $66.0 billion in 2015 to $122.3 billion by 2030. - The report estimates a 4.6% compound annual growth rate from 2021 to 2030. - The report was published June 11, 2026, from Wilmington, Delaware. - The study covers investment pockets, winning strategies, market drivers, opportunities, size estimates, competition and market trends. The details: - Sustainable packaging and pallets are a major growth driver. - Wood price swings, especially in Europe and North America, are a restraint on market growth. - Growth opportunities in emerging economies are supporting industry expansion. - The report analyzes the market by type, application, material, end-user and region. - Stackable pallets accounted for nearly half of total market revenue in 2015 and are projected to remain the leading type through 2030. - Display pallets are forecast to post the fastest growth among types, with a 5.5% CAGR during the forecast period. - Non-rental pallets accounted for 98% of total market revenue in 2015 and are projected to keep the lead through 2030. - Rental pallets are expected to grow the fastest among applications, with a 10.0% CAGR. - Asia-Pacific held about two-fifths of global market revenue in 2015. - Asia-Pacific is also projected to be the fastest-growing region, with a 5.1% CAGR. - The report names CABKA Group GmbH, Craemer Holding GmbH, UFP Industries, Falkenhahn AG, LOSCAM International Holdings, Menasha Corporation, Millwood, Rehrig Pacific Holdings, Brambles and Schoeller Allibert among the key players. - Those companies have used partnerships, expansion, collaboration and joint ventures as competitive strategies. - The report includes a sample PDF download link: Download Sample PDF . - A separate information page is available here: More information . Between the lines: - The forecast suggests pallets remain a basic but durable part of industrial infrastructure rather than a high-volatility niche. - The strong share for non-rental pallets shows the market still depends heavily on owned assets, even as rental models grow faster. - Asia-Pacific’s lead reflects where manufacturing and logistics demand are expanding most quickly. - The COVID-19 section shows a temporary hit to demand when logistics and manufacturing slowed, followed by a rebound as factories restarted. What’s next: - The rental segment is likely to gain share if companies keep prioritizing flexibility and lower upfront costs. - Price pressure in wood markets could continue to push buyers toward alternative materials and supply models. - Emerging-market demand is likely to remain a key support for growth through 2030. - Competitive activity is expected to stay centered on partnerships, expansion and collaboration.