How to Make Money From Used Wood Pallets (2024)

FAQs

How to Make Money From Used Wood Pallets? ›

Your best bet is to search for pallet recycling companies in your area. Do an online search to find a pallet recycler near you. Get an idea of what they will pay you for the different pallets that you bring in. Choose the one that will bring in the most money.

Piles of wooden pallets in the back of manufacturing plants, stores and malls could mean cash in your pocket if you're willing to do the work involved to pick them up and sell them.

Pallet sizes will always play a major role in determining the sellback value of your used pallet supply, and the general rule here is that standard sizes like 48×40 and 48×45 will have higher sellback values as compared to custom sized pallets that are less useful for other businesses.

The allure of liquidation pallets lies in the possibility of uncovering undervalued treasures within the contents. Successful flippers turn these finds into profits on online marketplaces like eBay, Amazon, or even through their own online stores, with margins potentially reaching 30–40% or even higher.

Your best bet is to search for pallet recycling companies in your area. Do an online search to find a pallet recycler near you. Get an idea of what they will pay you for the different pallets that you bring in. Choose the one that will bring in the most money.

The treatment designation that you should be the most cautious of is "MB." This stands for Methyl Bromide. Pallets with an MB stamp have been treated with a highly toxic pesticide which can be necessary in certain regions of the world where there are pests that can't be eliminated by heat treatments.

Increasing demand, decreasing supply

The easiest explanation: the demand for wood has increased, but the supply has decreased. The demand for wooden pallets is increasing.

Yes, you can make money pallet flipping. If you have a knack for flipping and have some liquidation pallets lying around, you may be able to turn a profit. However, in order to find a market for your pallets, you'll need to do some research.

How to Start a Pallet Selling Business. Most businesses sell their pallets on Repalletize. It is free to signup for Repalletize and sell pallets. You can start by just selling one size pallet or you can start with selling multiple sizes of pallets.

In the simplest terms, pallets of cash refer to large amounts of physical cash that are stacked on pallets for transportation. These pallets can contain millions of dollars in cash and are often used in transactions that involve the transfer of large sums of money.

Is there a demand for pallets? ›

With growing consumption in food and beverage, building and construction, consumer electronics, and pharmaceutical industries, total sales of wood pallets are projected to climb at a 5.4% CAGR between 2022 and 2032, surpassing US$ 4.0 billion by 2033.

The global pallets market size was estimated at USD 66 billion in 2022 and is expected to hit around USD 110.09 billion by 2032 and is poised to grow at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2032.

Pallets can come in handy for outdoor projects, such as a shed for storing firewood. However, think twice before you build a play house with pallets. Not only can the wood be rough on little hands, but tests have found some wood pallets may contain E. coli bacteria, according to the National Consumers League.

How Much Can You Expect to Make with Liquidation Pallets? Selling liquidation pallets can be quite profitable, especially when you work with big retail brands in the US. Selling products from pallets gives you a profit margin around 30-40% per sale.

At the very least, you can recoup the cost of the pallet itself. But if your pallet has good items, you might be able to flip them for 100% to 200% more than what you paid for. Even so, don't expect to get rich from pallet flipping.

In the past five years total the market size for wooden pallets has increased faster than the pace of the general economy in the U.S. The wooden pallet market was projected to continue to grow at a rate of 9.9% during 2022.

This kind of trade can be a bit of a numbers game; the more volume you can buy, the better chance you have of making money. However, there are plenty of businesses who buy pallets of stock at low prices and make money selling to trade. There's also an opportunity to sell parts, even if you can't sell the whole product.