Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 1.81 Billion |
| USD 2.59 Billion | |
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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
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
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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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
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Market Players Covered
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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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Market Opportunities
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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.
Drivers
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.
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.
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
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.
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.
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.
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
Application
End User
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.
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:
SKU-
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Dunnage Tray Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Dunnage Tray Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.