Pallets and containers made of wood are the most prevalent example. Even after plastic pallets and containers entered the market, more than 90% of the pallets and containers market is still dominated by wooden pallets and containers.
In the majority of businesses, switching from rigid to flexible packaging has now become standard practice. However, rigid packaging still holds sway when it comes to the shipment and transportation of larger consignments.
In most global industries, packaging has become indispensable. Over the past ten years, packaging has experienced an increase in demand. Because of this demand, packaging has seen several advancements that have enhanced its appearance and usefulness. It has also been noted that packing materials are now being used differently.
Wooden pallets and containers Market- Market Dynamics:
Food and beverage demand will increase significantly as a result of rising disposable incomes and consumerism around the world, which is the main factor driving the market for wooden pallets and containers. As a result, over our forecast period of 2016-2014, we may anticipate continued growth in the market for wooden pallets and containers.
The market is so fragmented that it is difficult to standardize wooden pallets and containers. However, there have been efforts made for the same at both the local and global levels. Wood makes up more than 90% of all pallets and containers. Pallet recoverability in international shipments becomes difficult, and the cost of recovery is more than the cost of the pallets themselves.
Some of the key players in the wooden pallets and containers market are Universal forest products, Inc., Shur-way Industries, Inc., Palcon LLC, Coxco, inc., Larch Ltd., CHEP, Bay wood products, Inc., Rowlinson Packaging Ltd., C&K Box, Inc., Integra.
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.
Regional analysis includes
North America Latin America Europe Asia Pacific 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.
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