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Increasing demand for Palletainer Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Press Release   •   Nov 05, 2017 04:21 EST

 
A Palletainer is a portable container designed for transporting and loading. Palletainers are a durable corrugated solution which is used for the bulk storing and transportation of loose fill products and fresh products, with its contents, with the help of a pallet jack, forklift & lift truck. Palletainers are designed with a rigid case, mostly made of galvanized iron or steel, to ensure safety and durability. Palletainers are used to ship and store commodities and raw materials, bulk chemicals and hazardous materials, petrochemical products, food syrups, etc. This packaging solution offers benefits to all the areas of supply chain, cost effectiveness, product handling, etc. The increasing purchasing power of average customers and an upswing in the adoption of innovative packaging tools are factors that have led to the significant growth in purchase of goods and indirectly increasing demand for palletainers market globally.
Palletainer Market- Market Segmentation:
Global palletainers market is segmented on the basis of container type, by materials type, by usability, and by end use. On the basis of container type, the global palletainers market can be segmented as rigid palletainers and flexible palletainers. On the basis of usability, the global palletainers market can be segmented into single use palletainers and reusable palletainers. On the basis of materials type, palletainers market can be segmented into paperboard, plastic, fiberboard, aluminum and metal. On the basis of end use the global palletainers market can be segmented as food & beverages industry, pharmaceuticals and healthcare industry, chemical, industrial goods and other industries (includes construction, fertilizers, and mining and minerals).
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Palletainer Market- Market Dynamics:
Growth in demand for palletainers market is expected to grow strongly for several reasons. One of the major factors contributing towards the growth of palletainers market is that it is very effective for distribution center usage. Another reason towards the growth of palletainers is that it is designed to help companies in transporting fresh produce goods, it minimize transportation costs, it also increase vehicle utilization and improve produce protection. Moreover, the reusability factor of the palletainers is another aspect towards the growth of global palletainers market. Also, expansion of commodity trade in developing nations is expected to fuel the demand of global palletainers market. On the other hand, the restraining factor towards the growth of the palletainers market is the higher initial cost of raw materials and lack of awareness among users.
Palletainer Market - Regional Outlook:
Geographically, the global Palletainers market is segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA). The global palletainers market is expected to witness a steady CAGR over the forecast period of 2016-2024. Moreover, North America is expected to be the largest palletainers market in terms of palletainers, due to the higher rate of exporting products and goods. Apart from this, the vast evolution of the container shipping and low freight rates is expected to boost further the sales of the palletainers market in Asia-Pacific by the end of the forecast period of 2016-2024.
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Palletainer Market - Major Players:
Some of the major players identified across the globe in the palletainers market are Ted Thorsen Company, Base Handling Products Ltd., Smurfit Kappa Group, T&B Containers Ltd., Mariner Packaging Co Ltd., Qingdao Midwell Industry And Trade Co., Ltd., Xiamen Wuhao Industry & Trade Co., Ltd., Longkou Forever Developed Metal Product Co. Ltd., Dalian Huameilong Metal Products Co., Ltd., Nanjing Whitney Metal Products Co., Ltd., Shenzhen Runye Logistics Equipment Co., Ltd., Foshan Runda Racking Manufacturing Co., Ltd., Suzhou Beisco Imports & Exports Co., Ltd., Qingdao Rockstone Machinery Co. Ltd.
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