Interesting Pallet Industry Facts

Interesting Pallet Industry FactsParagon Financial provides funding solutions to the pallet industry along the entire supply chain.

Here are some interesting facts about this industry:

  • There are more than 1.8 billion pallets in service in the United States each day. This figure does not include the many more millions of pallets used to ship goods internationally.
  • More than $400 billion worth of American trade is exported annually on wood pallets and containers worldwide.
  • Ninety-five percent of all U.S. packaged products are shipped on pallets, 92 percent of which are made from wood.
  • The wood packaging is the most cost-effective transport and storage platform.

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