Market Research Blog

The market for pallets is anticipated to grow at a 5.6% CAGR during the projected period, reaching a value of US$ 6.0 Bn in 2022. Plastic pallets are predicted to become the most popular pallets, accounting for 41% of the market, according to the survey.

In order to ensure safe and contaminant-free product handling during transit, agricultural businesses and farmers are investing in pallets, which is anticipated to accelerate market growth.
The market is now dominated by North America because of the rising demand for pharmaceuticals and health supplements. Due to the existence of well-established food and beverage, construction, and pharmaceutical sectors, the U.S. and Canada will prove to be lucrative pockets.

Key Takeaways:

• By material type, sales of plastic pallets are projected to increase at a 6.5% CAGR over the forecast period.
• Based on product type, the nesting pallets segment will account for 43% of the total market share through 2032.
• In terms of end use, applications in the food & beverage sector will remain high.
• The U.S. pallet packaging market will gain traction at a 3.8% CAGR over the forecast period.
• Sales in the India pallet market are forecast to grow at a 5.8% CAGR over the assessment period.

As the e-commerce business grows at a breakneck pace, the pallet market is likely to skyrocket. People’s interest in e-commerce platforms has grown as a result of the COVID-19 pandemic, particularly in underdeveloped nations where e-commerce is less widespread.

The rise of e-commerce has put pressure on supply chains to enhance shipping and logistics to better track the movement and cost of commodities leaving and entering the country. As online orders are typically smaller and more frequent, inventory management requires more assets. As a result, pallets are required for e-commerce-based logistics, thereby driving the growth in the market.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14297

How is Lumber Supply Affecting Sales of Pallets?

The availability of lumber is determined by growing demand for high quality timber. The building and construction sector utilizes a large portion of softwood output. Much of the production of hardwood is driven by the furniture and wood flooring businesses.

Lumber production drops in tandem with slower production in these sectors. As a result, the availability of raw materials used to create pallets reduces, and the price rises.

However, expansion of the ecommerce and the packaging industry is expected to propel sales in the market over the forecast period. Pallets are essential for packaging and securing various items to prevent damage during transit.

Competitive Landscape

Due to the presence of multiple small and major producers competing on price and quality, the pallets market is fragmented. Corrugated pallets are becoming more popular as a sustainable packaging option as green consumption grows.

Leading players operating in the pallets market are developing corrugated pallets for a variety of purposes. In addition to this, players are launching sustainable solutions to cater to the growing demand for recyclable and flexible packaging.

Key Players

• DS Smith Plc,
• Smurfit Kappa Group,
• Conitex Sonoco,
• Oji Holdings Corporation,
• Multi-wall Packaging,
• KraftPal Technologies Ltd.,
• Europal Packaging,
• Tat Seng Packaging Group Ltd.,
• Dopack, Interpak Industries Pte. Ltd.,
• Pheng Hoon Honeycomb Paper Products Pte. Ltd.,
• Mabuchi Singapore Pte Ltd.,
• The Alternative Pallet Company Ltd., Kimmo (Pty) Ltd.,

Tri-Wall Holdings Limited, GreenLabel Packaging, Palletkraft Europe Ltd., Packprofil Sp. z.o.o.,

The Corrugated Pallet Company, Elsons International are some pallets players profiled by FMI.

Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-14297

Global Pallets Market by Category

By Material:

• Plastic Pallets
• Metal Pallets
• Wood Pallets
• Paper Pallets

By Product Type:

• Stackable Pallets
• Nestable Pallets
• Collapsible Pallets

By End Use:

• Food & Beverage
• Pharmaceuticals
• Cosmetics & Personal Care
• Consumer Electronics
• Engineering Products
• Chemicals
• Textile and Handcraft
• Agriculture and Allied Industry
• Building & Construction
• Automotive

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

Request Complete TOC @ https://www.futuremarketinsights.com/toc/rep-gb-14297

Crates and Pallets Packaging Market: Through 2032, the crates and pallets packaging market is anticipated to expand at a CAGR of 7.45%

Foldable And Collapsible Pallets Market: Foldable & collapsible pallets are invented to improve the ergonomics, especially for manufacturing companies to reduce operational cost and to gain the competitive advantage over the peer manufacturers

Presswood Pallets Market: The global presswood pallets market size was valued at US$ 2.9 Bn in 2021. The presswood pallets market is anticipated to register 5.8% CAGR from 2022 to 2032

Related reports:

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

The market for medication delivery solutions was estimated at US$ 94.3 billion in 2021 and is anticipated to increase at a 6.8% CAGR to reach US$ 181.9 billion by the end of 2031. The medication delivery solutions market is anticipated to be dominated by South Asia on a regional scale. Due to the rising demand for drug delivery solutions during the COVID-19 epidemic, the market for drug delivery solutions in India increased by 10.6% year over year (y-o-y) in 2021. Drug delivery system sales in South Asia are anticipated to hit US$ 33.2 billion by 2031.

Future Market Insights predict a comparison and review analysis of the dynamics of the drug delivery solutions market, which is principally subjected to an array of industry factors along with a few definite influences regarding the stringent rules and regulations associated with the approval of drug delivery devices.

Some new developments that have taken place in the market include the use of anti-counterfeit and track & trace technologies to gain efficiency in the supply chain. In April 2022, Amcor plc announced to expand healthcare packaging capabilities in Europe.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14241

Key Takeaways

• In terms of product, bottles segment is expected to hold over 2/5th of the global market share in 2021.
• Vials and ampoules are expected to exhibit growth at a CAGR of 9.3% during the forecast period.
• Based on material, metal drug delivery solutions are expected to increase by 2.1x during assessment period.
• Injectable application is expected to generate incremental opportunity of US$ 30.8 Bn during the projection period of 2021-2031.
• Regionally, Europe is expected to account for over 24% of the total market value in 2021.

Plastic is a Blessing in Disguise for Drug Delivery Solutions Market

Glass has been traditionally used in the manufacture of pharmaceutical packaging solutions, including bottles, ampoules, and vials.

However, there has been a gradual adoption of plastic as an alternative material solution and introduction of blow fill seal (BFS) technology. In order to capitalize on this trend, major drug delivery solution producers are providing plastic packaging solutions.

The delicate and heavy weight characteristics of the glass makes a challenge in the transport and shipping of the products in a long and complex supply chain in the pharmaceutical industry. Therefore, glass pharmaceutical packaging products are mostly being fill-in by packaging products made of plastics, including PET, HDPE, LDPE, PVC, and PP.

Competitive Landscape

Companies operating in the drug delivery solutions market are aiming at expansions and strategic partnerships with other manufacturers to expand their product manufacturing capabilities and strengthen their global footprints.

For instance,

• In November 2021, Schott AG received funding from the German Federal Ministry for the Environment (BMU) to develop climate-friendly glass production and reduce carbon emissions.
• Becton, Dickinson and Company, in November 2021, had the opening ceremony of its high-tech manufacturing facility in Zaragoza, Spain, for supporting the growth of pre-filled drug delivery systems.
• In 2021, Gerresheimer AG announced a strategic partnership with Midas Pharma for the development and marketing of its own IP autoinjector.

Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-14241

Key Companies Profiled

• Amcor Plc
• SCHOTT AG
• Gerresheimer AG
• Berry Global Group Inc.
• Mondi Plc
• Sealed Air Corp.
• Wipak Group
• Constantia Flexibles
• Ardagh Group SA
• Sonoco Products Company
• West Pharmaceuticals Services Inc.

Drug Delivery Solutions Market By Category

By Product Type:

• Bottles
  • Packer Bottles
  • Liquid Bottles
• Vials & Ampoules
• Blisters
• Bags & Pouches
• Prefilled Syringes & Cartridges
• Sachets
• Trays
• Tubes
• Caps & Closures
• Container, Jars & Others

By Material:

• Plastics
  • PE
    • LDPE
    • HDPE
  • PVC
  • PP
  • PS
  • PET
  • Others
• Glass
• Metal
• Paper

By Applications:

• Nasal
• Pulmonary
• Injectable
• Eye Care
• Dermal/ Transdermal
• Other Applications

Table of Content

1. Executive Summary

1.1. Global Market Overview

1.2. Market Analysis

1.3. Analysis and Recommendations

1.4. Global Market Overview

1.5. Market Characteristics & Attributes

1.6. Market Statistics

1.7. Analysis and Recommendations

1.7.1. Overall Market Approach

1.7.2. Target Segment

The market for baking trays and moulds, also known as baking containers, is anticipated to grow to $773 million in 2021. Between 2021 and 2031, sales of baking moulds and trays are anticipated to increase by 6.3% CAGR. Following the COVID-19 epidemic, there was a period of sluggish sales, but starting in 2021,

the need for baking moulds and trays is increasing again. By 2031, there will be a 1.3-fold rise in the use of metal baking pans and moulds compared to plastic, according to Future Market Insights (FMI).

How Will Baking Molds & Trays Market Outlook Compare Between 2021-2031 and 2016-2020?

Growth in fast moving consumer goods industry has caused accelerated growth in the baking molds & trays market. It is predicted to rise at 6.3% CAGR from 2021 to 2031 in comparison to the 2.8% CAGR registered during 2016 to 2020. The market has been forecast to account for nearly 1.8% of the bakery & confectionary market in 2021.

Globally an economic surge has resulted in rise of consumption of bakery and confectionary products. Increase in disposable income has caused consumers in emerging economies to spend more on food and food services sector and this trend is expected to continue through the course of the forecast period.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5288

Key Takeaways from Baking Molds & Trays Market

• By cavity type, multiple cavity segment is ahead and leading the global baking molds & trays market. With its cost effectiveness, target segment is estimated to hold lion’s share of 80% during the forecast period.
• On basis of material, silicone is mostly preferred in the market due to its durability, safety and hygienic properties. The same segment is anticipated to increase 2.02 times of current value, during next 10 years.
• As per FMI experts, although industrial segment is expected to hold major chunk of the global market, commercial end use segment is expected to witness a gain of 150 bps of current value share by 2031, due to increasing health conscious youth preferring baked food over others.
• East Asia and South Asia combined are anticipated to generate large financials for baking molds & trays market due to lower tax slabs and cheap labor and easy foreign investment laws. Collectively these two regions are estimated to create cumulative incremental opportunity of US$ 370 Mn by the end of 2031. On the other hand, mature markets of North America and Europe are expected to hold prominent market share of almost 37% by the year 2031.

Will Demand for Hygienic Packaging Solutions Drive Baking Molds & Trays Market?

Increasing awareness about the use of hygienic packaging solutions for various food packaging applications in emerging economies offer immense growth opportunities to the baking molds & trays market.

Consumers are preferring ready to eat meals available in microwave and oven-safe packaging that suit their busy lifestyles and need for hassle free cooking operations. While demand is picking up globally, low penetration in some emerging economies due to fewer suppliers and manufacturers offering packaging solutions might hinder the growth of the market.

Competitive Landscape

Companies operating in the baking molds & trays market are aiming at expansion and strategic partnerships with other manufacturers to expand their product manufacturing capabilities, product portfolio and global presence.

• In July 2021, Guardini S.p.A. launched a B-Nat Line that is a high quality sustainable product which is 100% manufactured in Italy.
• In March 2021, Nordic Ware undergoes expansion as home baking surges amid COVID pandemic. Company’s sales increased by over 400% and construction is underway for 22,000 square foot addition to the fulfilment centre. Later on, Nordic Ware will move on to phase-2 of expansion by building 45,000 square foot of warehouse space.
• In March 2021, Bold Maker introduced New THC Chocolate Bar Polycarbonate Mold, which is a 9-piece multiple cavity baking molds made from FDA 21 CFR Compliant Polycarbonate.

Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-5288

Key Companies Profiled

• Nordic Ware
• Guardini S.p.A.
• SILIKOMART S.r.l.
• Pavoni Italia S.p.A.
• Hans Brunner GmbH
• Dongguan AASIN Technology Co. Ltd.
• Panibois
• Bold Maker
• TEMMA SHIKI
• Rubber Silicone Molds
• Schneider GmbH

Baking Molds & Trays Market by Category

By Cavity Type:

• Single
• Multiple

By Material:

• Plastic
• Silicone
• Metal
• Wooden
• Others

By End Use:

• Commercial
• Household
• Industrial

Between 2022 and 2031, there will be a 4.2% CAGR in the size of the foamer pump market. According to the most recent Future Market Insights (FMI) report, the market’s total revenue is predicted to reach US$ 143.7 Mn in 2021.

In 2020, the global market for foamer pumps made up around 7.5% of the US$ 4.5 billion market for cosmetic pumps and dispensers. Despite COVID-19’s stagnating sales, demand for foamer pumps is predicted to increase starting in 2021, albeit modestly. By the end of 2021, the foamer pump market is anticipated to have 360 million units sold, according to FMI.

2015-2020 Foamer Pump Market Outlook Compared to 2021-2031 Forecast

Majorly driven by the growth of the cosmetics industry across the globe, the foamer pump market is anticipated to rise at 4.2% CAGRfrom 2021 to 2031 in comparison to the 3.6% CAGR registered during 2015 to 2020.

A foamer pump is a non-aerosol way of dispensing liquid materials. The foam pump dispenses the liquid in the form of foam. Foam is created in the foamer chamber where the liquid constituents are mixed and then discharged. The parts of the foam pump are most commonly made from polypropylene (PP).

A foaming pump often comes with a protective cap to avoid any wastage or drying of constituents in the pump mechanism. The foam pump is widely used to dispense cosmetic products and household chemicals, such as hand washing liquid, shaving cream, hand sanitizer, mousse foam cleansing, facial cleanser, and hair conditioning mousse, sun protection foam, spot removers and baby products among others.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14151

Key Takeaways from Foamer Pumps Market

• Handheld foamer pumps are most popular across the globe and are anticipated to hold 35% of the foamer pump market share in 2021.
• Due to the rising awareness regarding importance of maintaining personal hygiene, frequent sanitizing of hands has become common across the world. Amidst COVID-19 outbreak, the demand for hand sanitizers has skyrocketed, catapulting then as the largest end-use application of foamer pumps across the globe.
• Europe is expected to be the largest market for foamer pumps, accounting for almost 30% of the market share in 2021.
• Sales in Germany will continue supporting expansion in Europe. Within the U.K., the demand for foamer will grow by 4% year-on-year in 2021.
• South Korea is expected to emerge as a highly lucrative market for foamer pump in East Asia. The sales of foamer pump will grow by 2 times its current valuation in South Korea by 2031.

Increasing Sanitizers Sales Giving Tailwinds to Foamer Pumps Demand

People have become more aware about personal health and hygiene following the unprecedented COVID-19 outbreak. This also has resulted in frequent use of hand sanitizers as a common means to prevent the spread of infection. As a result, in the past year, the demand for sanitisers reached an all-time high.

Even as lockdowns and restrictions are being lifted, maximum number of public places have made it mandatory to either sanitize hands before entering or carry a personal sanitizer. This is being strictly followed by many institutions and organizations to prevent any spread of the virus.

Competitive Landscape

Companies operating in the foamer pump market are aiming at product launches, expansion, and strategic partnerships with other manufacturers to gain competitive edge. The key players also are focusing on expanding their product manufacturing capabilities, product portfolio and global presence. Leading foamer pump manufacturers are committed to the research and development and are consistently offering innovative applications of the product for many industries.

For instance, in April 2020, Albéa S.A started manufacturing of tubes, foam and lotion pumps for hand sanitizers.

In December 2020, Silgan Dispensing Systems launched Mini NEA line of sample-size foam solutions designed for lotions and other personal care products.

Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-14151

Key Companies Profiled

• Silgan Holdings Inc.
• Aptar Group, Inc.
• APackaging Group
• Albea S.A.
• Rieke Corporation
• Raepak Ltd.
• Richmond Containers CTP Ltd.
• Silgan Dispensing Systems Corporation
• Sun-Rain Sprayer Co., Ltd.

Foamer Pump Market by Category

By Pump Type:

• Squeeze Foamer Pumps
• Dual Chamber Foamer Pumps
• Table Top Foamer Pumps
• Handheld Foamer Pumps

By Material:

• Plastic
  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
  • Polyvinyl Chloride (PVC)
  • Polypropylene (PP)
  • Others
• Metal

By Application:

• Hand Sanitizer
• Face and Body Wash
• Sunscreen
• Shampoos and Conditioners
• Other Applications

The most recent industry research from Future Market Insights (FMI) predicts that in 2021, there will be more barrier tape sold globally than 1,000 million square metres.

By 2031, the global barricade tape market is anticipated to reach US$ 1.67 billion, expanding at a CAGR of 4.6%. The top 5 providers will control 15-20% of the market for barricade tape in 2021, according to a forecast by FMI.

In addition to that, as a part of safety measures at places where the harmful and flammable goods are stored, those places require proper safety marking and labelling by barricade or security tapes. Different coloured barricading tapes are manufactured by key players for indication of different types of dangers or hazards. Also, different types of printed tapes are used to alert people to various types of hazards.

Get Sample of this Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-2726

For instance- red/white coloured tape for fire prevention & protective equipment, yellow/black coloured tape for caution, and red coloured tape for serious hazards and dangers.

Availability of a large number of colours in barricade tapes containing different texts for various threats is expected to fuel the demand for barricade tapes. End-users are focusing on providing end-user industries with the best-suited barricade tapes, printed with colours and text, indicating the potential hazards in their respective industries.

Key Takeaways from Barricade Tapes Market

• Barricade tapes with a thickness ranging from 6 to 8mm is expected to record growth at 5% CAGR between 2021 and 2031. Barricade tapes with medium thickness offer cost-effective, durable and lightweight soft barricading solutions for end-use industries across the globe.
• Expansion of building & construction industry across the U.S. will offer a total incremental opportunity of US$ 140 Mn over the next decade.
• Easy availability, flexibility and hassle-free production process makes plastic as most preferred material by barricade tapes manufacturers across the regions. Plastic barricade tape is expected to account for 60% share in 2021.
• Sales of barricade tapes used in industrial end users are anticipated to exhibit growth at 5% CAGR between 2021 and 2031, on the back of favourable stringent regulation for safety of employees and labor.
• Germany is expected to be the largest market for barricade tapes in Europe accounting for almost 20% market share in 2021.

How will Upgraded Workplace Safety Norms Boost the Sales of Barricade Tape?

The Occupational Safety and Health Administration (OSHA) has made it compulsory for all employers to provide proper barricading of hazardous areas at the workplace.

Stringent government regulations implemented to ensure workplace safety will drive the demand for various types of barricading tools and products. Hence, barricading tape are gaining popularity as safety tools within automotive, pharmaceutical, building & construction, and other manufacturing industries.

Increasing rate of accidents in industries such as mining, construction, and chemicals has compelled key players to adopt barricade tape as a safety solution even in the underdeveloped and emerging markets.

Demand for barricade tape is surging because they are used to mark dangers at workplace by stretching or sticking it to reduce the risk of accidents and fatalities. This trend is helping the market to gain pace in India, China, and South Korea as focus on workplace safety has surged in these countries.

Ask Our Analyst More about Report @
https://www.futuremarketinsights.com/ask-question/rep-gb-2726

Barricade Tapes Market Landscape

Some of the key players dominating the global barricade tapes market are

• 3M Company,
• Shurtape Technologies, LLC,
• Brady Corporation,
• Scapa Group PLC,
• Tesa SE,
• Surface Shields, Inc.,
• Advance Tapes International Ltd.,
• Vibac Group S.p.a.,
• Mutual Industries, Inc.,
• Custom Tape Ltd,
• Intertape Polymer Group Inc.,
• Yuyao Laisifu Houseware Co., LTD,
• Nitto Denko Corporation,
• Ningbo Teagol Adhesive Industry Co., LTD and
• MAS Corporation.

Barricade Tape Market by Category

By Thickness:

• Up to 2 mm
• 2 to 4 mm
• 4 to 6 mm
• 6 to 8 mm
• 8 mm & Above

By Material Type:

• Plastic
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyethylene terephthalate (PET)
  • Polyvinyl Chloride (PVC)
• Paper
• Aluminium Foil
• Cotton Fabric

By End Use:

• Industrial
  • Building & Construction
  • Automotive
  • Mining
  • Agriculture & Irrigation
  • General Industrial
  • Aerospace
• Non-Industrial
  • Traffic Signs
  • Crime Scenes
  • Defense
  • Restricted Areas