Ever wondered about the places where you can see pallets for sale or places to sell pallets for big money? Many people constantly think about finding additional sources of income because it is a crucial step towards financial freedom.
Making money off the side and improving your financial future can both be accomplished with a straightforward idea like starting a recycling business.
But what can you recycle? In this article, I’ll be showing you how to recycle wood pallets for money.
When it comes to the transportation and storage of the majority of items, pallets are crucial to enterprises.
Sadly, most firms don’t have a better option to get rid of their old pallets. They burn them in the fire pit, leave them to rot someplace on their property, or throw them in landfills, perhaps because they don’t know what to do with pallets.
However, did you know that you may sell recycled wood pallets? Well, identifying and filling a need in the community is where amazing company ideas come from.
This might be as easy as assisting businesses in selling the pallets that have amassed in their warehouse, parking lot, or pathways to wood pallet buyers nearby. It is a fantastic chance to earn money quickly while also protecting the environment!
Wood Pallet Industry Statistics in the US
Before you start to recycle wood pallets for sale or money, you must get the overall picture of the United States wood pallet industry so that you can clearly understand the pros and cons.
Here is a rundown of some important stats that will give you a complete picture of the pallet industry in the US:
- Currently, there are over 2 billion pallets for sale and in use
- The pallet market for both new and refurbished pallets is estimated to be worth $17 billion in North America
- In 2011, 476 million pallets were newly manufactured, while 474 million used pallets were recovered from landfills
- Of the 474 million pallets that were recovered, 326 million of them were reusable as pallets, while the remaining 148 million were repurposed wood pallets for other ideas
- Out of each 100 pallets sold, 43 of them are used for wood pallet recycling or recovery
- The pallet recycling industry has grown significantly. In 1992, only 51 million wood pallets were recovered. This number grew to 474 million pallets by 2011.
These figures show that millions of pallets are still dumped into landfills every year. This offers both a challenge and a chance.
By figuring up a better way to handle used pallets, you may transform the issue into a way to make money rather than whine about it or make it worse.
And what could be better than recycling wood pallets for cash by offering them to local wood pallet brokers?
How Much is A Pallet for Sale?
You might analyze your possibilities and decide whether the money is worthwhile if you had a general notion of how much you can earn per pallet.
The cost of a recycled pallet is between $0.50 and $4 per pallet. But why is there a price disparity?
How much you can get for a pallet depends on a number of variables. The size, condition, and quantity of the wood pallets you have are at the top of the list.
Each of them will have an impact on how much local pallet buyers will pay for your used wood pallets.
What are the wood pallet price factors?
This is the main factor that determines your pay per pallet. (New) Companies that recycle pallets find them more appealing when they are in good condition and only need minor repairs.
Compared to their contemporaries in poor condition, it will be worth more. However, if you come across old pallets that are in poor condition, don’t give up because you can still sell them for a profit.
For pallets in poor condition, many pallet recycling organizations are more than happy to pay you less. Wooden pallets will be converted into mulch by recycling businesses.
Your pallet’s size is the second factor that will determine how much a pallet buyer will pay you.
As you would expect, larger pallets for sale that are in great condition will bring more money than smaller ones in similar conditions.
In the US, the standard pallet size is 48″ x 40″ and weighs 37 pounds. The next most common pallet dimensions are 42″ x 42″ and 48″ x 48″.
The Number You Have
The total number of pallets for sale you have will be taken into consideration when calculating the total payout you can anticipate, even if it might not have an impact on your price per pallet.
In other words, you may anticipate making more money if you have more pallets. You can be sure that you will receive a greater rate and improve your overall earnings if you can locate numerous pallets in good condition.
However, a truck full of pallets for sale in less-than-stellar condition will likely bring in more money than just a handful in excellent condition.
Therefore, it is safe to assume that the more pallets you sell, the more money they will earn for you.
Additional factors include the area you live in, the number of pallet recycling companies nearby, and how much each pallet buyer is willing to pay; it will determine the price paid per pallet.
If there are numerous recycling businesses in your area, there will be a great demand for used pallets, and you should be able to find them at reasonable prices.
As a result of not having to travel far to deliver your load of recyclables, you will also be able to save money on gas.
It is a good idea to go about and discover a few customers that are willing to pay more per pallet so that you can profit from your side hustle. It might take some time, but after you get the hang of it and build up a solid rapport with a few wood pallet recycling businesses, you will be able to estimate how much you can earn per trip.
Because you’re helping shipping firms cut expenses almost in half by acquiring old recycled pallets rather than new ones, they’re likely to pay you extra for new pallets or pallets in outstanding shape.
Where Can I Find Wood Pallets for Free?
There is no shortage of places where you can find low-cost pallets for sale or free wood pallets. You can find different places where pallets are disposed of.
Ideal places to find pallets for recycling are businesses where large quantities of goods are delivered or businesses that manufacture and sell large quantities of products
Here is a list of common places where you can find free or low-cost pallets:
- Manufacturing or processing plants
- Retail outlets
- Hotels and restaurants
- Small businesses
- Cruise ship docks
- Trucking terminals
- Airfreight terminals
- Tire shops
- Construction sites
There are even companies that tend to give away their shipping pallets. Call your local Walmart, Tractor Supply, The Home Depot, and Lowe’s are among the top places that get rid of pallets.
Most of these businesses lack enough space in their warehouse to store unused pallets, and it is not rare to see idle and unused pallets lying around on their premises. Therefore, they will be more than happy to have someone get rid of them for free. Just talk to the owner or the manager to pitch your idea of removing them for free.
You can even make further arrangements with the business owner for wood pallet removal weekly or monthly. Some businesses, especially those with bulk quantities occupying space in their warehouse, may even be glad to pay you to recycle the wood pallets.
Can I Take Wood Pallets from Behind Stores for Free?
The best response is to first ask.
Your best chance is to presume that any pallets you see idly laying behind shops or commercial buildings are not free and to speak with the owner. While some companies will give them to you for free, others may sell their pallets or hire someone to dispose of them for them.
But the fact is, most businesses want someone to remove their pallets. You can try negotiating a fair deal from pallet owners who dispose of them at a price if you schedule regular pickups. Negotiation is a terrific survival tip when trying to make money.
Where Can I Sell My Wood Pallets Near me?
You are aware that it is feasible to recycle wood pallets for cash at this point. Where can I sell my wood pallets nearby, you might be wondering.
The good news is that depending on where you reside, there are a number of locations where you can sell your salvaged pallets and make a respectable living.
The main locations where you may easily sell your wood pallets are listed below.
One of the best locations to sell recyclable goods is on Craigslist. You can browse advertisements from persons looking to purchase or sell pallets by going to the Buy & Sell area.
You can also post your own ad to locate customers for your recycled wood pallets if you can’t find one right away.
The good news is that in most locations, posting an ad on Craigslist is free. Possible cheap wood pallet purchases can be made there as well.
2. Local Manufacturers
Before you find a market for your recycled wood pallets elsewhere, check with your local manufacturing companies to see whether they need some.
The best approach is to visit their offices or call on the phone. Negotiate with the manufacturers to see how much they may be willing to pay for recycled pallets.
3. Kamps Pallet
Kamps is among the top pallet brokers and recyclers with over 45 years of experience in the game.
They have locations in most metropolitan areas, but you can also sell pallets by contacting Kamps Pallet through their website to pick up and haul them away.
Haul away service will depend on your location and volume. Kamps will pay a fair price for any of your recycled wood pallets that can be repaired and resold.
4. National Wooden Pallet Container and Association
The National Wooden Pallet Container and Association is a pallet broker that maintains a directory of companies that buy and sell wooden pallets on its website.
Through their website, you can search for pallet buyers near you interested in purchasing wooden pallets.
5. North American Pallet Recycling Network
Another pallet broker, North American Pallet Recycling Network, has a nationwide recycling network that includes Alaska and Hawaii.
It is a marketplace that connects producers and recyclers to encourage pallet recycling. Anytime you have any recycled pallets for sale, this is an excellent location to head to.
6. Atlantic Pallet Exchange
APE has locations in Alabama, Florida, South Carolina, Georgia, North Carolina, Tennessee, and Mississippi.
They accept and buy the most common pallet sizes. Atlantic Pallet Exchange may also buy uncommon or custom pallets from you or just recycle them as a service.
It is a great place to make money selling recycled wooden pallets if you live in one of the seven states.
Recycle.net is a great resource for you whether you’re looking to locate buyers or locations where you can pick up pallets for nothing.
For buyers and dealers of wood pallets, they have a separate part of their website.
8. Local pallet delivery companies
Selling to nearby pallet firms may be a terrific option, even though you might not make much money, especially if you have extra stock.
The local phone book or white pages will help you find local pallet delivery firms in your area easily.
Additionally, a quick Google search for “local pallet delivery firms” along with “your zip code” can return listings in your area.
Due to the convenience of saving time and gas, wood pallet recyclers prefer selling to these businesses.
9. Woodworking or furniture school
Woodworking or furniture schools will require wood pallets for teaching and learning purposes.
This makes them viable places for selling your recycled pallets. You can check local technical college listings to find woodworking or furniture-making schools in your area.
There you have it! As you can see, it is possible to recycle wood pallets for money without making a huge upfront investment. It’s a great way to start a recycling business with less risk.
It’s an ideal side job with a pickup truck or a utility trailer. Why not go ahead and try this side hustle and see how it turns out for you? Apart from the benefit of earning some extra cash on the side, you can save and invest or use it to pay some debts. You will also enjoy the freedom of being your own boss while keeping the environment clean with zero-waste.
Frequently Asked Questions
How much can you get for 1 pallet?
2 recycled 48×40-inch pallets have recently been in the $4.25-$5.50 range, while No. 1 recycled pallets have been in the $5.80-$7.40 range. Heat-treated (HT) pallets can be $1 more for each.
Why are pallets so expensive?
Pallet costs are up 400%, according to the association, due to several factors, including high demand and rising lumber costs. Repositioning the pallets is also a challenge as trucking capacity is strained. Not enough trucks and drivers are available to move the pallets from one location to another, the group said
Is there still a pallet shortage?
The pallet shortage isn’t the end of the world, but all companies who rely on shipping to deliver products to their customers should factor in the increased pallet cost to their bottom line. Back in May 2021, pallets were four times as expensive as they were pre-pandemic
- https://olist.ng– Wooden pallets
- https://www.kijiji.ca/b– Results for “wooden pallets” in Buy & Sell in Toronto (GTA)