The market for Tier Sheets, often referred to as tier sheets, is anticipated to reach US$ 934.7 Million in 2022 and US$ 1.5 Billion by 2032, at a CAGR of 4.9% from 2022 to 2032. Tier Sheets Market Will Exceed US$ 1.5 Billion Due to Increased Adoption of Lightweight Packaging Materials in Various Industries
Slip sheets have emerged as a game-changer in the field of material handling, offering numerous advantages over conventional pallets. These lightweight and flexible sheets are designed to slide smoothly under the load, allowing for efficient transportation and storage. With the use of slip sheets, businesses can optimize their warehouse space, streamline logistics operations, and minimize the risk of product damage during handling. The Slip Sheets Market has gained traction across various industries, including automotive, food and beverage, pharmaceuticals, and retail.
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The Growing Popularity of Slip Sheets
In recent years, the Slip Sheets Market has witnessed exponential growth due to several factors. Companies across industries are recognizing the need for cost-effective, space-saving, and environmentally friendly alternatives to traditional pallets. Slip sheets provide just that, making them highly sought after in the packaging industry.
Competition Landscape
- WestRock Company,
- Badger Paperboard, Inc.,
- Signode India,
- Sonoco Products Company,
- International Paper Inc,
- Atlantic Packaging, and
- INDEVCO Paper Containers
The Growing Demand for Slip Sheets
The Slip Sheets Market has witnessed a rapid growth trajectory, driven by the increasing demand for efficient and sustainable material handling solutions. Various industries, such as food and beverage, pharmaceuticals, logistics, and manufacturing, have recognized the potential of slip sheets in optimizing their supply chain processes. Let’s explore some key factors contributing to the market’s expansion.
1. Cost Efficiency and Operational Optimization
In an increasingly competitive business landscape, cost efficiency is a top priority for companies across industries. Slip sheets provide a cost-effective solution by reducing expenses associated with pallets and transportation. Furthermore, their lightweight nature allows for increased payload capacity, resulting in reduced fuel consumption and transportation costs. These advantages have made slip sheets an attractive option for businesses looking to optimize their operational efficiency and streamline their supply chain.
2. Sustainability and Environmental Concerns
As sustainability gains prominence, organizations are actively seeking eco-friendly alternatives that align with their environmental goals. Slip sheets, with their recyclable and resource-efficient nature, address these concerns. By adopting slip sheets, businesses can reduce their carbon footprint and contribute to a greener future. This factor has propelled the demand for slip sheets, particularly among environmentally conscious industries and consumers.
“Slip sheet sales are likely to increase as the logistics and shipping industry adopts more cost-effective and protective packaging options. Slip sheets are also becoming a favoured choice among manufacturers due to their recyclability and sustainability, which will fuel market expansion,” says an FMI analyst.
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Key Takeaways:
· Based on material type, the kraft paperboard segment will account for 62% of the total market share in 2022.
· In terms of coating type, sales in the anti-slip coating segment are forecast to increase at a CAGR of 5.3% during 2022-2032, creating an absolute incremental opportunity of US$ 232.0 Million.
· Europe, North America, and East Asia are projected to witness high demand for slip sheets during the forecast period. These regions are estimated to hold around 65% of the total market value share by 2032 collectively.
Slip Sheets Market by Category
By Material:
- Kraft Paperboard Slip and Tier Sheets
- Corrugated Fiberboard Slip and Tier Sheets
By Coating Type:
- Anti-Slip Coating
- Slip-Assist
- Moisture Barrier
- Grease Barrier
- Water-Resistance
- Polyethylene
- Other Customized Coating
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Middle East and Africa (MEA)
- Oceania
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Slip Sheets Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global slip sheets market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the slip sheets market based on the material (kraft paperboard slip sheets and corrugated fiberboard slip sheets) and coating type (anti-slip coating, slip-assist, moisture barrier, grease barrier, water-resistance, polyethylene, and other customized coatings) across seven regions.
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