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Global Dunnage Tray Market – Industry Trends and Forecast to 2029

Materials & Packaging

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Global Dunnage Tray Market – Industry Trends and Forecast to 2029

  • Materials & Packaging
  • Upcoming Report
  • Jul 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Dunnage Tray Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 1.81 USD Billion
Diagram Market Size (Forecast Year) USD 2.59 USD Billion
Diagram CAGR %

Major Markets Players

  • Dunnage Engineering
  • BMG
  • Sohnerplastics
  • Great River Plastics LLC
  • ElectroGeneral Plastics Corp

Global Dunnage tray Market, By Material (Polystyrene, Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Polypropylene (PP), High-Density Polyethylene (HDPE), High Molecular Weight Polyethylene (HMWPE), Acrylonitrile Butadiene Styrene (ABS), Thermoplastic Polyurethanes (TPU)), Application (Shipping Trays, In-Process Trays, Automation Trays, Wash Cycle Trays, Food Sterilization, Assembly Trays, Others), End User (Automotive Industry, Electronics Industry, Healthcare Industry, Retail, Food and Beverage Industry, Shipping and Logistics Industry, Cosmetics Industry, Others) – Industry Trends and Forecast to 2029

Dunnage tray Market

Market Analysis and Size

A dunnage tray was required to keep the product in place. The dunnage tray is also a shipping tray mainly the dunnage trays Fill and stack it for shipping.  Dunnage trays are also useful when the consumer require to move parts from receiving manufacturing compartments. Dunnage trays are the best option for fragile parts safety. The remarkable thing about the Dunnage trays is the way they hold parts in place. Dunnage trays are made from a variety of plastic materials, including PVC, RPET, PS, PP, and PET. The manufacture of a dunnage tray is entirely dependent on the application. The choice of dunnage a specific material will be determined by the consumer's specific requirements.

Data Bridge Market Research analyses that the dunnage tray market was valued at USD 1.81 billion in 2021 and is expected to reach USD 2.59 billion by 2029, registering a CAGR of 4.56 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.     

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Material (Polystyrene, Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Polypropylene (PP), High-Density Polyethylene (HDPE), High Molecular Weight Polyethylene (HMWPE), Acrylonitrile Butadiene Styrene (ABS), Thermoplastic Polyurethanes (TPU)), Application (Shipping Trays, In-Process Trays, Automation Trays, Wash Cycle Trays, Food Sterilization, Assembly Trays, Others), End User (Automotive Industry, Electronics Industry, Healthcare Industry, Retail, Food and Beverage Industry, Shipping and Logistics Industry, Cosmetics Industry, Others)

Countries Covered

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

Market Players Covered

Dunnage Engineering (U.S.), BMG (U.S.), sohnerplastics (U.S.), Great River Plastics, LLC (U.S.), Electro-General Plastics Corp (U.S.), Innovative Plastech (U.S.), Engineered Components & Packaging, LLC (U.S.), Waveform Plastics (Canada), South-Pak, Inc. (U.S.), Bardes Plastics, Inc. (U.S.), DS Smith (U.K.), Sonoco Products Company (U.S.), Menasha Corporation (U.S.), Schaefer Systems International Pvt Ltd (India), Sinclair & Rush, Inc. (U.S.), Rohrer Corporation (U.S.), Dordan Manufacturing Company (U.S.), PolyFlex Pro (U.S.)

Market Opportunities

  • Increase the demand of polypropylene
  • Increasing demand for safe transportation

Market Definition

Dunnage trays are a type of plastic thermoformed trays used to protect industrial parts in shipping and can also be used through the manufacturing process. Dunnage trays are reasonable trays which is used during the shipping of goods from one point to another. These trays help to protect, stabilize, and safe goods when they have transported by road, oceans, air, and even railway.

Dunnage Tray Market Dynamics

Drivers

  • Protect goods during transits

The main use of dunnage tray is to protect the goods from any damage they are expected to receive though moving from factories to warehouses to endpoint consumers. During the transits, goods are loaded onto trucks or sorted, trains, stacked, etc., so there are maximum chances of them getting damaged. Dunnage trays limit these damages by absorbing the shocks, keeping the goods moisture-free, and ensuring their place intact while transported. The high demand of dunnage trays during transportation is the major factor expected to drive the market growth rate.

  • Suitable for Automated Handling

Dunnage trays are very suitable for automated handling as a matter of fact. The robots mainly use Dunnage in the process. Increasing application of robotic technology in manufacturing industries , especially in the automotive industry has been a dynamic factor  for sales of customized dunnage trays, because robots replace the assembly line. The flourishing demand of electric vehicle (EV) market is expected to contribute substantially to the growth of the dunnage trays market in the forecast period.

  • Rising demand for using sustainable and hygienic materials

Manufacturers in the dunnage trays market focus on the use of sustainable materials, which are completely hygienic and easy to clean, with this aim they are try to improve their product sales. Prominent manufacturers are using High-density Polyethylene (HDPE) because this easily recyclable material which helps to protect stored parts against electrostatic discharge from charged surfaces and grounded items nearby,

Opportunities

  • Rising demand for safe transportation

The increase in the demand for safe transportation overall several industries will acts as one of the major factors which will drive the growth of dunnage trays market. The increase in order for the trays owning to the distribution efficiency which has provided to O.E.M manufacturers rendering smooth handling of WIP components, and the growth of  pharmaceutical, food and manufacturing industry will create the beneficial opportunities for the market growth. 

  • Rise in demand for Polypropylene (PP) 

The increase in the preference for polypropylene (PP) over other options among manufacturers due to its umpteen mechanical properties with economical estimating, and high popularity because of the customizations in accordance with production specifics such as quality and dimensions will further influence the market growth rate.

Also, expansion of end-user industries, industrialization and urbanization and concerns regarding the product safety during transportation will positively affect the dunnage trays market. Furthermore, light weight, launch of reusable, and low cost dunnage trays extend lucrative opportunities to the market players in upcoming period.

Restraints/ Challenges

However, the high cost investment in manufacturing of dunnage tray is anticipated to hinder the market growth. The presence of stringent environment rules is also expected to challenge the dunnage trays market during forecast period. Furthermore, the size limitation for dunnage trays will depend on your specific application requirements are also the major market restrains that will obstruct the market's growth rate.

This dunnage tray 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 pockets, 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 dunnage tray 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 Dunnage Tray Market

The outbreak of Covid-19 had halted the production of dunnage trays. During this pandemic, the government imposed partial or total lockdowns which being enforced all over the countries. Also, another reality was that international borders were completely sealed in this pandemic period. However, with regularity restored, the dunnage tray market is slated to grow on an irrevocable note during the forecast period. The post-Covid era would throw a better light on ensuring the safety and damage-free ambience.

Global Dunnage Tray Market Scope

The dunnage tray market is segmented on the basis of material, application and end-user. 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.

Material

  • Polystyrene
  • Polyvinyl Chloride (PVC)
  • Polyethylene Terephthalate (PET)
  • Polypropylene (PP)
  • High-Density Polyethylene (HDPE)
  • High Molecular Weight Polyethylene (HMWPE)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Thermoplastic Polyurethanes (TPU)

Application

  • Shipping Trays
  • In-Process Trays
  • Automation Trays
  • Wash Cycle Trays
  • Food Sterilization
  • Assembly Trays
  • Others

End User

  • Automotive Industry
  • Electronics Industry
  • Healthcare Industry
  • Retail
  • Food and Beverage Industry
  • Shipping and Logistics Industry
  • Cosmetics Industry
  • Others

Dunnage Tray Market Regional Analysis/Insights

The dunnage tray market is analysed and market size insights and trends are provided by country, material, application and end-user as referenced above.

The countries covered in the dunnage tray 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.

North America dominates the dunnage tray market in terms of market share during the forecast period. This is due to the increasing demand for dunnage tray in this region. North America region dominates the Dunnage tray market due to the new innovations in packaging and abundant investment in research & development within the region

During the estimated period, Asia-Pacific is anticipated to be the fastest developing region because of the upsurge in the number of consumers, and increase in retail and e-commerce business in this region.

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 Dunnage Tray Market Share Analysis

The dunnage tray 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 dunnage tray market.

Some of the major players operating in the dunnage tray market are:

  • Dunnage Engineering (U.S.)
  • BMG (U.S.)
  • sohnerplastics (U.S.)
  • Great River Plastics, LLC (U.S.)
  • Electro-General Plastics Corp (U.S.)
  • Innovative Plastech (U.S.)
  • Engineered Components & Packaging, LLC (U.S.)
  • Waveform Plastics (Canada)
  • South-Pak, Inc. (U.S.)
  • Bardes Plastics, Inc. (U.S.)
  • DS Smith (U.K.)
  • Sonoco Products Company (U.S.)
  • Menasha Corporation (U.S.)
  • Schaefer Systems International Pvt Ltd (India)
  • Sinclair & Rush, Inc. (U.S.)
  • Rohrer Corporation (U.S.)
  • Dordan Manufacturing Company (U.S.)
  • PolyFlex Pro (U.S.)


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FREQUENTLY ASK QUESTIONS

The market value for Dunnage Tray Market is projected USD 2.59 billion by 2029.
The Dunnage Tray Market is to grow at a CAGR of 4.56% during the forecast by 2029.
On the basis of application, the Dunnage Tray Market is segmented into Shipping Trays, In-Process Trays, Automation Trays, Wash Cycle Trays, Food Sterilization, Assembly Trays, Others.
The major players operating in the Dunnage Tray Market are Dunnage Engineering (U.S.), BMG (U.S.), sohnerplastics (U.S.), Great River Plastics, LLC (U.S.), Electro-General Plastics Corp (U.S.), Innovative Plastech (U.S.), Engineered Components & Packaging, LLC (U.S.), Waveform Plastics (Canada), South-Pak, Inc. (U.S.), Bardes Plastics, Inc. (U.S.), DS Smith (U.K.), Sonoco Products Company (U.S.), Menasha Corporation (U.S.), Schaefer Systems International Pvt Ltd (India), Sinclair & Rush, Inc. (U.S.), Rohrer Corporation (U.S.), Dordan Manufacturing Company (U.S.), PolyFlex Pro (U.S.).
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