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Wood Pallets & Skids Production in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM32192

Wood Pallets & Skids Production in New Mexico industry analysis

The Wood Pallets & Skids Production industry in New Mexico is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to x locations. Industry employment has decreased an annualized -x.x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x thousand.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to decrease an annualized -x.x% to xx workers, while industry wages are forecast to decrease -x% to $x.x thousand.

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About the Wood Pallets & Skids Production in New Mexico Market Research Report

What’s Included in the Wood Pallets & Skids Production in New Mexico Market Research Report

Definition of the Wood Pallets & Skids Production in New Mexico?

Companies in the Wood Pallets and Skids Production industry manufacture wood pallets, wood box shook, wood boxes, wood skids, other wood containers and wood parts for pallets and containers. Companies purchase hardwood and softwood lumber from sawmills to manufacture this industry’s wood products. These products are then sold to a host of downstream industries that use the pallets and containers to store and transport consumer and industrial goods.

What’s included in the Wood Pallets & Skids Production in New Mexico?

The Wood Pallets & Skids Production in New Mexico includes producing wood containers and boxes, producing wood pallets, producing wood box shook, producing wood skids and producing wood parts for pallets and containers. Related terms covered in the Wood Pallets & Skids Production in New Mexico industry report includes lumber and worked wood products cut or shaped to specialized sizes; also called cut stock, the various wood panels and parts that are required to produce wood boxes, a pallet without a bottom deck that is often used for transporting goods or as a base for machinery and a technology that tracks products from the time they leave the assembly line to the time they leave the store by releasing continuous signals from a chip.

Industry Performance of the Wood Pallets & Skids Production industry in New Mexico

Benchmark the Wood Pallets & Skids Production in New Mexico industry performance with all NM county and national performance.

Wood Pallets & Skids Production in New Mexico

#48 in Highest Revenue 0% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Wood Pallets & Skids Production in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Wood Pallets & Skids Production industry in New Mexico

See how key industry drivers, such as population, per capita disposable income, median houshold income, total trade value, value of construction and industrial production index are impacting Wood Pallets & Skids Production in New Mexico

New Mexico Economic Indicators

Population
Per Capita Disposable Income
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Total trade value
Value of construction
Industrial production index

For the full list of industry drivers, see report purchase options.

County Data of the Wood Pallets & Skids Production industry in New Mexico

Access proprietary data on county in the Wood Pallets & Skids Production in New Mexico, such as Bernalillo County, Otero County and Dona Ana County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Wood Pallets & Skids Production industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Wood Pallets & Skids Production industry in New Mexico in 2025?

The market size of the Wood Pallets & Skids Production industry in New Mexico is $2.4m in 2025.

How many businesses are there in the Wood Pallets & Skids Production industry in New Mexico in 2025?

There are 2 businesses in the Wood Pallets & Skids Production industry in New Mexico, which has been declining at an average annual rate of -12.9% from 2020 to 2025.

Has the Wood Pallets & Skids Production industry in New Mexico grown or declined over the past 5 years?

The market size of the Wood Pallets & Skids Production industry in New Mexico has been declining at an average annual rate of -8.2% from 2020 to 2025.

How many employees in the Wood Pallets & Skids Production industry in New Mexico in 2025?

There are 26 employees in the Wood Pallets & Skids Production industry in New Mexico, which has been declining at an average annual rate of -2.2% from 2020 to 2025.