Global Paper Pallets Market
Market Size in USD Million
CAGR :
% 
USD
704.51 Million
USD
983.00 Million
2021
2029
 Forecast Period |
2022 –2029 |
 Market Size (Base Year) |
USD 704.51 Million |
 Market Size (Forecast Year) |
USD 983.00 Million |
 CAGR |
% |
| Major Markets Players |
|
Global Paper Pallets Market, By End User (Shipping, Medical Industry, Food and Beverages Industry, Personal Care Industry, Shipping and Logistics and Other), Material Type (Corrugated Paper Pallets, Cardboard Paper Pallets and Kraft Paper Pallet), Type of Pallet (Stringent Pallet, Block Pallet, Flush Pallet and Perimeter Base Pallet), Runner Options (2-Way Runner Option and 4-Way Runner Option)-Industry Trends and Forecast to 2029.
Global Paper Pallets Market Analysis and Size
Paper pallets, unlike their wooden and plastic counterparts, do not require chemical procedures to preserve their shelf life, which will increase their popularity in the long run. Because paper pallets are very resistant to fungi and bacteria, ISPM-15 compliance is not required for their use.
- Data Bridge Market Research analyses that the paper pallets market was valued at USD 704.51 million in 2021 and is further expected to reach the value of USD 983 million by 2029, at a CAGR of 6.1% during the forecast period of 2022 to 2029. Improved load bearing capacity has also been a result of advances in engineering technology and paper pallet designs. End users are expected to lead a widespread move away from standard pallets and toward more environmentally friendly paper pallets.
Report Scope and Market Segmentation
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Report Metric |
Details |
|
Forecast Period |
2022 to 2029 |
|
Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2019 - 2014) |
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Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
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Segments Covered |
End Use (Shipping, Medical Industry, Food and Beverages Industry, Personal Care Industry, Shipping and Logistics and Other), Material Type (Corrugated Paper Pallets, Cardboard Paper Pallets and Kraft Paper Pallet), Type of Pallet (Stringent Pallet, Block Pallet, Flush Pallet and Perimeter Base Pallet), Runner Options (2-Way Runner Option and 4-Way Runner Option) |
|
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa |
|
Market Players Covered |
DS Smith (UK), Smurfit Kappa (Ireland), YOJ pack-kraft. (India), DNA Packaging Systems. (India), Eltete Malaysia Sdn Bhd. (Malaysia), Green Label Packaging (US), Sonoco Products Company (US), Honey Shield Emballeurs (India), AXIS VERSATILE SDN.BHD. (Malaysia), Kaily Packaging Co. Ltd. (Singapore), Tri Wall Pte Ltd (India), FORLIT, A.S. (Czechia) |
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Market Opportunities |
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Global Paper Pallets Market Definition
Paper pallet is a unique new pallet that is both ecologically safe and a creative and original alternative to wood and plastic pallet. They're used in the electronics and electrical, pesticide, and organic chemicals industries, and they're also lighter and less expensive than other pallets.
Paper Pallets Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
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Rise in the Consumer Expenditure on Housing Activities
Growing expenses on housing activities due to the flexibility in design, size and shape, combined with many environmental and economic benefits which is further the contributing factor in the market growth.
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Increase in the Disposable Incomes
Rising supermarkets and retail stores is further anticipated to propel the growth of the paper pallets market.
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Increasing Urbanization
Due to the manufacturers of paper pallets are focusing on innovations and improvement in the quality of the products is further contributing to the market growth.
Opportunities
In addition, the rise in the consumers’ preference for lightweight and sustainable materials and growing emphasis on maintainable composite materials will further provide potential opportunities for the growth of the paper pallets market in the coming years.
Restrains/Challenges Global Paper Pallets Market
On the other hand, the paper pallets are not fireproof and waterproof which is further projected to impede the growth of the paper pallets market in the timeline period. However, the stringent regulations might further challenge the growth of the paper pallets market in the near future.
This paper pallets 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 paper pallets market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post COVID-19 Impact on Paper Pallets Market
The recent outbreak of coronavirus has critically impacted the paper pallets market. Almost every sector has been grievously hit by the pandemic and affected the day-to-day work-related functions. As a result, the paper industry had to bear financial losses, therefore negatively impacting the paper pallets market.
On the brighter side, the manufacturers are focusing on developing better products, keeping in mind the new market trends to fulfil consumer requirements in the post-pandemic phase. New technological advancements will further help to excel the availability of paper pallets in the developing and emerging markets post pandemic.
Recent Development
- DS Smith Hungary, a London-based subsidiary of DS Smith plc, established a paper fibre pallet in 2022 with a HUF 3 billion (US$ 6.9 billion) investment. TRICORE Packaging and Logistic AG was quickly bought by the corporation in order to expand its European operations.
Global Paper Pallets Market Scope
The paper pallets market is segmented on the basis of end user, material type, type of pallet and runner options. 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.
End User
- Shipping
- Medical Industry
- Food and Beverages Industry
- Personal Care Industry, Shipping
- Logistics and Other
On the basis of end use, the paper pallets market is segmented into shipping, medical industry, food and beverages industry, personal care industry, shipping & logistics and other.
Material Type
- Corrugated Paper Pallets
- Cardboard Paper Pallets
- Kraft Paper Pallet
On the basis of material type, the paper pallets market is segmented into corrugated paper pallets, cardboard paper pallets and kraft paper pallet.
Type of Pallet
- Stringent Pallet
- Block Pallet
- Flush Pallet
- Perimeter Base Pallet
On the basis of type of pallet, the paper pallets market is segmented into block pallet, flush pallet and perimeter base pallet.
Runner Options
- 2-Way Runner Option
- 4-Way Runner Option
On the basis of runner options, the paper pallets market is segmented into 2-way runner option and 4-way runner option.
Paper Pallets Market Regional Analysis/Insights
The paper pallets market is analysed and market size insights and trends are provided by country, end user, material type, type of pallet and runner options as referenced above.
The countries covered in the paper pallets market report are the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Europe dominates the paper pallets market due to the rise in the concern related to the environment-friendly packaging. Furthermore, the cost-effective and innovative packaging solutions for the products will further boost the growth of the paper pallets market in the region during the forecast period.
Asia-Pacific is projected to observe significant amount of growth in the paper pallets market due to the rise in the growth of e-commerce and retail sector. Moreover, the increase in the expenditure on infrastructure by government and private organizations which is further anticipated to propel the growth of the paper pallets market in the region in the coming years.
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 Paper Pallets Market Share Analysis
The paper pallets 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 paper pallets market.
Some of the major players operating in the paper pallets market are:
- DS Smith (UK)
- Smurfit Kappa (Ireland)
- YOJ pack-kraft. (India)
- DNA Packaging Systems. (India)
- Eltete Malaysia Sdn Bhd. (Malaysia)
- Green Label Packaging (US)
- Sonoco Products Company (US)
- Honey Shield Emballeurs (India)
- AXIS VERSATILE SDN.BHD. (Malaysia)
- Kaily Packaging Co. Ltd. (Singapore)
- Tri Wall Pte Ltd (India)
- FORLIT, A.S. (Czechia)
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Table of Content
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL PAPER PALLETS MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 KEY TAKEAWAYS
2.2 ARRIVING AT THE GLOBAL PAPER PALLETS MARKET SIZE
2.3 VENDOR POSITIONING GRID
2.4 MARKETS COVERED
2.5 GEOGRAPHIC SCOPE
2.6 YEARS CONSIDERED FOR THE STUDY
2.7 RESEARCH METHODOLOGY
2.8 TECHNOLOGY LIFE LINE CURVE
2.9 MULTIVARIATE MODELLING
2.1 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.11 DBMR MARKET POSITION GRID
2.12 MARKET APPLICATION COVERAGE GRID
2.13 DBMR MARKET CHALLENGE MATRIX
2.14 SECONDARY SOURCES
2.15 GLOBAL PAPER PALLETS MARKET: RESEARCH SNAPSHOT
2.16 ASSUMPTIONS
3 MARKET OVERVIEW
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 CHALLENGES
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
5.1 PRODUCTION CONSUMPTION ANALYSIS
5.2 IMPORT EXPORT SCENARIO
5.3 RAW MATERIAL PRODUCTION COVERAGE
5.4 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS
5.5 LIST OF KEY BUYERS, BY REGION
5.5.1 NORTH AMERICA
5.5.2 EUROPE
5.5.3 ASIA PACIFIC
5.5.4 SOUTH AMERICA
5.5.5 MIDDLE EAST & AFRICA
5.6 PORTER’S FIVE FORCES
5.7 VENDOR SELECTION CRITERIA
5.8 PESTEL ANALYSIS
5.9 REGULATION COVERAGE
6 SUPPLY CHAIN ANALYSIS
6.1 OVERVIEW
6.2 LOGISTIC COST SCENARIO
6.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS
7 CLIMATE CHANGE SCENARIO
7.1 ENVIRONMENTAL CONCERNS
7.2 INDUSTRY RESPONSE
7.3 GOVERNMENT’S ROLE
7.4 ANALYST RECOMMENDATIONS
8 GLOBAL PAPER PALLETS MARKET, BY PRODUCT, 2020-2029, (MILLION UNITS) (USD MILLION)
8.1 OVERVIEW
8.2 TWO WAY PAPER PALLETS
8.3 FOUR WAY PAPER PALLETS
9 GLOBAL PAPER PALLETS MARKET, BY STRUCTURE, 2020-2029, (MILLION UNITS) (USD MILLION)
9.1 OVERVIEW
9.2 HONEYCOMB PAPER PALLETS
9.3 CORRUGATED PAPER PALLETS
9.4 HYBRID PAPER PALLETS
10 GLOBAL PAPER PALLETS MARKET, BY SIZE, 2020-2029, (MILLION UNITS) (USD MILLION)
10.1 OVERVIEW
10.2 42 INCH X 42 INCH
10.3 44 INCH X 44 INCH
10.4 48 INCH X 40 INCH
10.5 48 INCH X 45 INCH
11 GLOBAL PAPER PALLETS MARKET, BY APPLICATION, 2020-2029, (MILLION UNITS) (USD MILLION)
11.1 OVERVIEW
11.2 FOOD & BEVERAGES
11.3 PHARMACEUTICAL AND HEALTHCARE
11.4 COSMETICS & PERSONAL CARE
11.5 ELECTRICAL & ELECTRONICS
11.6 AUTOMOTIVE
11.7 OTHERS
12 GLOBAL PAPER PALLETS MARKET, BY GEOGRAPHY 2020-2029, (MILLION TONS) (USD MILLION)
12.1 GLOBAL PAPER PALLETS MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
12.2 NORTH AMERICA
12.2.1 U.S.
12.2.2 CANADA
12.2.3 MEXICO
12.3 EUROPE
12.3.1 GERMANY
12.3.2 U.K.
12.3.3 ITALY
12.3.4 FRANCE
12.3.5 SPAIN
12.3.6 RUSSIA
12.3.7 SWITZERLAND
12.3.8 TURKEY
12.3.9 BELGIUM
12.3.10 NETHERLANDS
12.3.11 LUXEMBURG
12.3.12 REST OF EUROPE
12.4 ASIA-PACIFIC
12.4.1 JAPAN
12.4.2 CHINA
12.4.3 SOUTH KOREA
12.4.4 INDIA
12.4.5 SINGAPORE
12.4.6 THAILAND
12.4.7 INDONESIA
12.4.8 MALAYSIA
12.4.9 PHILIPPINES
12.4.10 AUSTRALIA & NEW ZEALAND
12.4.11 REST OF ASIA-PACIFIC
12.5 SOUTH AMERICA
12.5.1 BRAZIL
12.5.2 ARGENTINA
12.5.3 REST OF SOUTH AMERICA
12.6 MIDDLE EAST AND AFRICA
12.6.1 SOUTH AFRICA
12.6.2 EGYPT
12.6.3 SAUDI ARABIA
12.6.4 UNITED ARAB EMIRATES
12.6.5 ISRAEL
12.6.6 REST OF MIDDLE EAST AND AFRICA
13 GLOBAL FOLDING CARTONS MARKET, COMPANY LANDSCAPE
13.1 COMPANY SHARE ANALYSIS: GLOBAL
13.2 COMPANY SHARE ANALYSIS: NORTH AMERICA
13.3 COMPANY SHARE ANALYSIS: EUROPE
13.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC
13.5 MERGERS AND ACQUISITIONS
13.6 NEW PRODUCT DEVELOPMENT AND APPROVALS
13.7 EXPANSIONS
13.8 PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS
14 SWOT AND DATA BRIDGE MARKET RESEARCH ANALYSIS
15 GLOBAL PAPER PALLETS MARKET - COMPANY PROFILES
15.1 DS SMITH
15.1.1 COMPANY SNAPSHOT
15.1.2 REVENUE ANALYSIS
15.1.3 PRODUCT PORTFOLIO
15.1.4 RECENT UPDATES
15.2 SMURFIT KAPPA
15.2.1 COMPANY SNAPSHOT
15.2.2 REVENUE ANALYSIS
15.2.3 PRODUCT PORTFOLIO
15.2.4 RECENT UPDATES
15.3 YOJ PACK-KRAFT.
15.3.1 COMPANY SNAPSHOT
15.3.2 REVENUE ANALYSIS
15.3.3 PRODUCT PORTFOLIO
15.3.4 RECENT UPDATES
15.4 DNA PACKAGING SYSTEMS.
15.4.1 COMPANY SNAPSHOT
15.4.2 REVENUE ANALYSIS
15.4.3 PRODUCT PORTFOLIO
15.4.4 RECENT UPDATES
15.5 ELTETE MALAYSIA SDN BHD.
15.5.1 COMPANY SNAPSHOT
15.5.2 REVENUE ANALYSIS
15.5.3 PRODUCT PORTFOLIO
15.5.4 RECENT UPDATES
15.6 GREEN LABEL PACKAGING
15.6.1 COMPANY SNAPSHOT
15.6.2 REVENUE ANALYSIS
15.6.3 PRODUCT PORTFOLIO
15.6.4 RECENT UPDATES
15.7 SONOCO PRODUCTS COMPANY
15.7.1 COMPANY SNAPSHOT
15.7.2 REVENUE ANALYSIS
15.7.3 PRODUCT PORTFOLIO
15.7.4 RECENT UPDATES
15.8 HONEY SHIELD EMBALLEURS
15.8.1 COMPANY SNAPSHOT
15.8.2 REVENUE ANALYSIS
15.8.3 PRODUCT PORTFOLIO
15.8.4 RECENT UPDATES
15.9 AXIS VERSATILE SDN.BHD.
15.9.1 COMPANY SNAPSHOT
15.9.2 REVENUE ANALYSIS
15.9.3 PRODUCT PORTFOLIO
15.9.4 RECENT UPDATES
15.1 KAILY PACKAGING CO. LTD.
15.10.1 COMPANY SNAPSHOT
15.10.2 REVENUE ANALYSIS
15.10.3 PRODUCT PORTFOLIO
15.10.4 RECENT UPDATES
*NOTE: THE COMPANIES PROFILED IS NOT EXHAUSTIVE LIST AND IS AS PER OUR PREVIOUS CLIENT REQUIREMENT. WE PROFILE MORE THAN 100 COMPANIES IN OUR STUDY AND HENCE THE LIST OF COMPANIES CAN BE MODIFIED OR REPLACED ON REQUEST
16 RELATED REPORTS
17 QUESTIONNAIRE
18 CONCLUSION
19 ABOUT DATA BRIDGE MARKET RESEARCH
Global Paper Pallets Market, Supply Chain Analysis and Ecosystem Framework
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Paper Pallets 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 Paper Pallets 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.
Research Methodology
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.
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