Wooden pallets and containers are widely used in the shipping, transport and storage of products. They are available in either standardized or customized specifications. Different specifications fulfil different functions of the wooden pallets and containers. Wooden pallets and containers are re-usable and if damaged, are repaired and sent back into circulation. Wooden pallets generally last for 5-7 years.
Packaging has become an integral part of most of the industries in the world. The demand for packaging has surged throughout the past decade. This demand has brought about a series of innovations to packaging that has improved the packaging design and functionality. The shift in the use of materials used for packaging has also been witnessed. A move from rigid to flexible packaging has now become the norm in most industries.
However, when we talk about shipping and transport of larger consignments, we will find that rigid packaging has still kept its hold. The most common examples are wooden pallets and containers. Even after the entry of plastic pallets and containers into the market, wooden pallets and containers still hold more than 90% of the pallets and containers market.
To remain ‘ahead’ of your competitors, request a sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-2221
Wooden pallets and containers Market- Market Dynamics:
As we are seeing a global rise in disposable incomes and consumerism, the food and beverages sector will witness a huge demand, which is the major driver for the global wooden pallets and containers market. As a result, we can expect steady growth in the wooden pallets and containers market throughout our forecast period of 2016-2014. Due to the market being quite fragmented, there is trouble in the standardization of wooden pallets and containers.
However, efforts have been made both at the local and global levels for the same. More than 90% of total pallets and containers are made of wood. Recoverability of pallets in overseas shipments becomes hard and the cost of recovery exceeds the cost of the pallets themselves.
Wooden pallets and containers Market- Regional Outlook:
In terms of geography, the wooden pallets and containers market has been divided into five key regions; North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. North America followed by Western Europe is the largest consumer of wooden pallets and containers in the world.
The USA alone holds around 15% of the share in the global wooden pallets and containers market. Wooden pallets and containers are locally manufactured as well as imported. With the rising disposable incomes and consumerism in the Asia Pacific and the Middle East, we can expect to see promising growth in the wooden pallets and containers market in the region throughout the forecast period of 2016-2026.
Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-2221
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end-use.
Wooden pallets and containers Market- Major Players:
Some of the key players in the wooden pallets and containers market are Universal forest products, Inc., Shurway Industries, Inc., Palcon LLC, Coxco, inc., Larch Ltd., CHEP, Bay wood products, Inc., Rowlinson Packaging Ltd., C&K Box, Inc., Integra.
The report covers an exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America
- Latin America
- Asia Pacific
- The Middle East and Africa
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10-years.
Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
United Arab Emirates