Market Insights NEWS

The US pallet market is navigating one of its most tariff-exposed periods in years. The market was valued at $28.75 billion in 2025 and is projected to grow at a 7.06% CAGR through 2035 to reach $56.87 billion, but that growth is unfolding against a backdrop of stacking softwood lumber tariffs now exceeding 40%, since lumber makes up roughly 80% of a pallet's input cost. The Tariff Timeline Has Been Genuinely Complicated Section 232 tariffs on softwood timber and lumber took