Collapsible Plastic Crates : An Overview

Collapsible plastic crates save storage spaces when not in use thereby reducing storage issues during transportation and warehousing. Emerging e-commerce has led to shipments across boundaries. Brand owners and manufacturers export a wide range of consumer and industrial goods. Fresh produce and processed food is a predominant supply by the manufacturers in the food and beverage industry.

Crates have emerged as a preferred packaging format attributing to its qualities of easy handling and stacking abilities which allows reduction in the storage spaces. Collapsible plastic crates can be folded when not used and allow easy storage. This might augment the demand for collapsible plastic crates and would positively impact the market for collapsible plastic crates. Collapsible plastic crates enables stacking of crates which not only reduces space needed for storage compared to crates with fixed dimensions but provides safety against damage of the goods to be transported.

Furthermore, since collapsible plastic crates are collapsible they can be shipped back to their original source which will result in saving on return cost, thereby enhancing profit margins for the brand owners and the shipment companies. This is likely to impact the market for collapsible plastic crates positively in the years to come.

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Collapsible Plastic Crates : Dynamics

The market is driven by the growth of various end-use industries such as food& beverage, pharmaceutical, consumer goods and industrial goods. The growth is due to the continuous developments in the internationalization along with increased global consumption. This is anticipated to hike the demand of collapsible plastic crates. In addition, rising disposable income, expanding middle class population and urbanization has led to gradual growth in demand for packaged food and beverage, industrial goods, consumer goods  and pharmaceuticals. The collapsible plastic crates feature dividers for partitioning which can be useful for transporting products that needs to be segregated to prevent spoilage and damage primarily in the food and beverage industry.  The growth in the end-use industries is likely to drive the demand for collapsible plastic crates for optimum storage solutions and efficient transportation.

Collapsible plastic crates are preferred as they can be used to ship goods in bulk and its features such as rigidity, cost efficiency ad recyclability and reusability. This is likely to augment the demand for collapsible plastic crates. The key concern for businesses is efficient warehousing and storage operations. The durability of the collapsible plastic crates is also an advantage to the shipment companies as it would provide return on the investment for a long run. Stacking ratio is an important aspect and focus area for the manufacturers of collapsible plastic crates. The collapsible plastic crates are likely to witness growth in preference over the convenient formats as shipping companies tend to have their focus on storage capacity and effective utilization of spaces. Therefore, the market for collapsible plastic crates is expected to grow in the years to come.

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Collapsible Plastic Crates : Segmentation

Collapsible Plastic Crates can be segmented on the basis of material, end use industry and capacity.

By Material, Collapsible Plastic Crates can be segmented as

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinyl chloride (PVC)
  • Others

By End Use Industry, Collapsible Plastic Crates can be segmented as

  • Food & Beverage Industry
  • Automotive Industry
  • Personal care Industry
  • Consumer goods Industry
  • Healthcare & Pharmaceuticals Industry
  • Other (Textiles)

By Capacity , Collapsible Plastic Crates can be segmented as

  • Less than 5 kg
  • 6 kg -10 kg
  • 11kg – 20 kg
  • More than 20 kgs

Collapsible Plastic Crates :  Regional Outlook   

Owing to rapid urbanization and increasing consumption the Asia Pacific region is expected to have growth in demand for the collapsible plastic crates. The region has growing industrialization and export goods across the borders. Presence of large number of pharmaceutical and cosmetics and electronic goods manufacturers in countries such as India and China might hike the demand for collapsible plastic crates. This might have a positive impact on the collapsible plastic crates market.

Collapsible Plastic Crates :  Key Manufacturers

Key Manufacturers of Collapsible Plastic Crates are,

  • SI Schaefer Limited
  • American Manufacturing Inc.
  • SPS Ideal Solutions Inc.
  • AccuTrex Products, Inc.
  • Sintex Platics Technology
  • Soluplastic
  • Universal Storage Containers LLC
  • Monoflo International
  • Enko Plastics Ltd
  • Shanghai Join Plastic Co.,Ltd
  • MPH Group
  • Zhejiang Zhengji Plastic Industry Co. ,Ltd

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
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  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Collapsible Plastic Crates Market