Rigid Packaging

Wood Pallets: Market Size, Growth & Forecast to 2030

The Wood Pallets market is valued at about $15.28 billion (2026) and is projected to grow at a 4.58% CAGR through 2030. The largest cost driver is Raw Lumber and Timber Feedstocks (55% of spend). North America leads demand at 36%.

Market size
$15.3 bn (2026)
CAGR to 2030
+4.58%
Buyer power
Favours buyers
Tracked suppliers
3500
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 4.58% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 125

Cost structure

Raw Lumber and Timber Feedstocks
55%
Direct Labor and Assembly Automation
20%
Freight, Regional Logistics, and Delivery
12%
Fasteners, Steel Nails, and Hardware
7%
Energy, Heat Treatment, and Compliance Overhead
6%

Regional demand split

North America demand
36%
Europe demand
28%
Asia Pacific demand
24%
Rest of world demand
12%

Key suppliers

Brambles LimitedUFP Industries, Inc.PalletOne, Inc.Loscam International Holdings Co. Ltd.PECO Pallet, LLCMillwood Inc.Kamps Pallets, Inc.
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/wood-pallets