Global Wooden Crates Market – Industry Trends and Forecast to 2029

Market Analysis and Size

Wooden crates are large, rectangular corrugated fibre board containers. They are utilised as packaging solutionfor products and goods that require weather protection during shipment or storage. Storage Wooden crates, which are available in a variety of sizes and shapes, are an alternative to traditional wooden crates. They can be made from a variety of materials such as wood, metal, or wooden. They are strong enough to stack high but light enough to move on their own. They are easily sanitised and cleaned when necessary. As a result, they are an excellent choice for applications requiring strict hygiene.

Data Bridge Market Research analyses that the wooden crates market was valued at USD 7.79 billion in 2021 and is expected to reach the value of USD 11.18 billion by 2029, at a CAGR of 4.62% during the forecast period of 2022-2029.

Market Definition

Wooden crates are strong, durable, and termite-resistant with the ability to handle heavy loads. It is frequently made of high-quality woods and finely finished with water resistance. They have the option of customising to meet the needs of their customers. Crates can be made available to customers in two forms: fully assembled for immediate use or in a flat pack that can be assembled by the customers and easily repaired anywhere.

Report Scope and Market Segmentation

Wooden Crates Market Dynamics

Drivers

• Growing application from the various end user industries

The growing number of applications from various end-user industries, the availability of customised crates based on consumer needs, global industrialisation, rising international trade, and increased government initiatives to support domestic and international trade will likely drive the growth of the wooden crates market during the forecast period of 2022-2029. On the other hand, rising demand for crates for goods transportation and efficient storage, as well as improving consumer lifestyles, will provide ample opportunities for the growth of the wooden crates market during the forecast period.

• Increased consumption of packaged food globally

The demand for wooden crates is increasing due to an increase in demand for packaged food and door-to-door delivery. This packaging can keep food and other products fresh for longer duration then other packaging options. This increases global market demand. Furthermore, once the delivery is finished, these crates can be reused, saving the cost of purchasing new crates. As a result, consumers prefer wooden crates in cardboard packaging. In the pandemic, people around the world are attracted towards well-packaged items, which probably increase the demand for wooden crates globally.

• Growth and expansion of end user verticals to present numerous opportunities for small scale businesses

As the global economy improves, the materials and packaging industry has a lot of room to grow. The growing demand for materials and packaging solutions is directly proportional to the expansion and growth of various end user verticals such as food and beverages, healthcare, chemicals, and others.

Market value growth is being driven by urbanisation, modernization, and globalisation. Other market growth drivers include rapid advancements in flexible packaging solutions, increased technological advancements in packaging equipment and technology to accommodate a diverse range of products, and increased e-commerce industry proliferation. Furthermore, advancements in manufacturing technology provide market participants with profitable opportunities from 2022 to 2029. Furthermore, growing awareness of the benefits of wooden crates, such as cost-effectiveness and increased product shelf-life, will contribute to the industry's future growth.

Restraints

The growing enforcement of stringent environmental regulations executed on industries regarding the packaging waste generated will impede the growth of the wooden crates market. Furthermore, strict product approval regulations will limit the scope of growth for the wooden crates market. As a result of the increasing number of restrictions imposed around the world as a result of the pandemic, demand and supply of packaging solutions have suffered.

This wooden crates market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue woodens, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the wooden crates market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Wooden Crates Market

The COVID-19 pandemic has halted production of several products in the wooden crates industry, resulting in a global lockdown. In 2020, the market for wooden crates slowed, but it is expected to recover in 2021. Furthermore, the potential impact of the lockdown is currently unknown, and the financial recovery of businesses is entirely dependent on their cash reserves.. Wooden crates manufacturers can only afford a full lockdown for a few months before having to change their investment plans. Following COVID-19, manufacturers of wooden crates are expected to prioritise the protection of their operations, workforce, and supply chains in order to respond to immediate crises and find new ways of working.

Recent Development

• The major players such as Amcor, Berry Global, Constantia Flexibles, Mondi and Sealed Air are focusing on integrating biodegradable and bio-derived properties in the Wooden Crates solutions which is touted to be a gambling strategy for the materials and packaging market. The players focus on the large-scale availability of high-performance films that provide greater handling convenience to the end-users.  

Global Wooden Crates Market Scope

The wooden crates market is segmented on the basis of wood type, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Wood Type

• Timber Wood
• Pine Wood
• Others

Application

• Auto Parts
• Vehicles
• Agricultural Produce
• Retail Products
• Piping and Tubing Material
• Others

Wooden Crates Market Regional Analysis/Insights

The wooden crates market is analysed and market size insights and trends are provided by country, wood type and application as referenced above.

The countries covered in the wooden crates market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Due to the higher concentration of prominent, rising expenditure for research and development capabilities, rising standard of living, growing demand for convenient handling packaging solutions, surging urbanisation, and rising personal disposable income, Asia-Pacific dominates the wooden crates market.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Wooden Crates Market Share Analysis

The wooden crates market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to wooden crates market.

Some of the major players operating in the wooden crates market are:

• Davidson Plastics - Plastic Bag and Film Specialists (U.S)
• Flexoplas Packaging Ltd (U.S)
• Pakaflex Pty Ltd (Australia)
• Multifab Packaging (US)
• Pak-Line Limited (U.S)
• Polymax, Inc (US)
• Flex-Pak corporation (US)
• Polytarp Products (Canada)
• Balcon Plastics acrylic and PVC sign holders (UK)
• Inteplast Group (US)
• RKW Group (Germany)
• Ab Rani Plast Oy (Finland)
• Intertape Polymer Group (Canada)
• Tri-Pac, Inc (US)
• InterWrap Inc. (US)
• Polytarp Products (Canada)
• SCOTT Lumber Packaging, LLC (US)

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