Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Corrugated Pallet Wrap Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.7% during the review period (2022 to 2027).
Corrugated Pallet Wrap Market Overview
In the modern era of sustainability and people becoming more and more aware of rising environmental concerns, corrugated pallet wrap turns out to be a green& easily recyclable option. Also compared to plastic and metal wraps, corrugated paper pallet wraps are way cheaper and also easily available. In future, due to strict laws overusing non-biodegradable materials and scrutiny from global environmental organizations, and certain bans on plastics unlock several opportunities for the paper-based products. Therefore, the manufacturers of corrugated pallet wraps have more lucrative opportunity in the market. Also, more and more countries are promoting and shifting to green packaging options, for either creating a positive image in the minds of the consumers or increasing the goodwill in the market. Significant rise in global shipping & logistics due to robust demand of goods manufactured in foreign countries, also acts as a growth driver of corrugated pallet wrap market.
Recent Developments:
May 26, 2021:Tetra Defense, the Madison-based cybersecurity software development and incident response firm announces its launch of Tetra U in a bold effort to eliminate barriers to entry for new professionals entering the cybersecurity field while establishing gold standards of knowledge and execution at every level of expertise.
Crown Innovators Launch Round-To-Square Shaped Tin for the Luxury Market
April 18, 2019. The global luxury packaging market is growing at a rapid pace. According to a market research report from Arizton, it is anticipated to reach values of more than $21 billion by 2024, growing at a CAGR of approximately 5% between 2018 and 2024. As consumers around the world continue to demand greater choice, the need for brands to differentiate across a range of retail platforms has never been greater. Metal packaging, with its ability to promote a feeling of premium quality and refinement, is a critical component of the go-to-market strategy of many luxury brands ranging from confectionery to coffee and tea.
Who are the Major Players in Corrugated Pallet Wrap Market?
The global Corrugated Pallet Wrap includes identification and analysis of the various market participants competing in the global market. Prominent competitors include International Paper Company, WestRock Company, Tetra level, OJI Holdings, Crown Holdings, Inc., Smurfit Kappa Group, DS Smith Plc, Columbia Corrugated Box, Green pack Industries, Ball Corporation, Packaging Corporation of America, Georgia Pacific LLC, Global-pak, Shanghai DasongCorrugating Roll Co., Pro group and many others
What are the major Applications, Types and Regions for Corrugated Pallet Wrap Market?
Corrugated Pallet Wrap Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
- Unbleached Kraft Liner
- Bleached Kraft Liner
- Others
By Application it is segmented into
- Electrical & electronics
- Glassware & ceramics
- Food &beverages
- Textiles & apparels
- Retail industry
- Others
Corrugated Pallet Wrap Market Regional Analysis
North America is estimated to dominate the Corrugated Pallet Wrap market and will continue to flourish its trend of dominance during the forecast period due to the rising demand from the end-user industries such as food and beverages, construction, pharmaceutical and health supplement. Asia-Pacific is projected to show lucrative growth due to rising demand from the packaging industry.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Corrugated Pallet Wrap Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 3.7% during the review period (2022 to 2027).
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By Type
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- Unbleached Kraft Liner
- Bleached Kraft Liner
- Others
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By Application
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- Electrical & electronics
- Glassware & ceramics
- Food &beverages
- Textiles & apparels
- Retail industry
- Others
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By Companies
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International Paper Company, WestRock Company, Tetra level, OJI Holdings, Crown Holdings, Inc., Smurfit Kappa Group, DS Smith Plc, Columbia Corrugated Box, Green pack Industries, Ball Corporation, Packaging Corporation of America, Georgia Pacific LLC, Global-pak, Shanghai DasongCorrugating Roll Co., Pro group
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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113
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Corrugated Pallet Wrap Report
- Evaluate Corrugated Pallet Wrap market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Corrugated Pallet Wrap market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Corrugated Pallet Wrap market.
Frequently Asked Questions
What is the study period of this market?
The Corrugated Pallet Wrap Market is studied from 2017 - 2027.
What is the growth rate of Corrugated Pallet Wrap Market?
The Corrugated Pallet Wrap Market is growing at a CAGR of 3.7% over the next 5 years.
Who are the leading key players in Corrugated Pallet Wrap Market?
International Paper Company, WestRock Company, Tetra level, OJI Holdings, Crown Holdings, Inc., Smurfit Kappa Group, DS Smith Plc, Columbia Corrugated Box, Green pack Industries, Ball Corporation, Packaging Corporation of America, Georgia Pacific LLC, Global-pak, Shanghai DasongCorrugating Roll Co., Pro group
What regions does this Corrugated Pallet Wrap Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Corrugated Pallet Wrap Market?
Unbleached Kraft Liner, Bleached Kraft Liner
What are the significant Applications of Corrugated Pallet Wrap Market?
Electrical & electronics, Glassware & ceramics, Food &beverages, Textiles & apparels, Retail industry, Other
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
