Layer Pads Market
Layer Pads Market (Material: Plastic, Paperboard, Corrugated; End-User: Food & Agro Products, Beverages, Electronics, Chemical, Bags & Sacks, Others; Shapes: Die Cut, Flat) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2020 - 2030
Press Release :
Packaging for E-commerce Fuels Growth of Layer Pads Market
The consumer goods market has been witnessing unprecedented demand in the past few years with the rise of e-commerce industry. With internet reaching the farthest corners of the world, it has increased the transit distance for goods until they reach the final custom.
This has increased the risk for goods as long distances can cause damage to foods due to multiple external factors. Owing to this reason, layer pads or corrugated cardboards are extensively used to ensure adequate protection is provided to the items in transit.
The demand for layer pads has escalated in recent years as they provide a affordable solutions to shipping goods over long distances. Furthermore, this packaging is completely customizable and provides protection from water, moistures, and infestation, which makes it ideal for warehouse storing as well.
Analysts predict that the demand for layer pads will be felt across logistics sector as consumerism continues to reach newer heights with each passing year.
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Food and Beverages Industry to Create Excellent Opportunity for Layer Pads Market
The growth of allied industries is expected to have a direct impact on the sale of layer pads. For instance, the rise of food and beverage industry in the coming ten years is projected to create a lucrative demand for layer pads. The demand for customised layer pads packaging solutions to meet diverse packaging needs will emerge as an essential one.
Demand for beverages packaging will lead the market as the retail and restaurant business has been flourishing at a relentless rate. The beverage segment is projected to hold a lion’s share of 80% in the global layer pads market during the forecast period.
Analysts suggest that despite the COVID-19 lockdowns, the demand for layer pads is projected to surge as the demand for alcoholic and non-alcoholic beverages continues to surge at an exponential rate. The fragility to glass bottles used to store drinks is expected to create an unprecedented spike in the demand for layer pads during the forecast period.
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Sale of Consumer Electronics with BYOD Trends Ups Sale of Layer Pads
COVID-19 pushed the corporate world to operate remotely in order to ensure business continuity. This create a huge surge in demand for laptops, tablets, and other consumer electronics to ensure work from home models were not compromised.
The lockdown has brought out a new need for entertainment, which has also led to exponential sales of smartphones and gaming consoles. The insatiable demand for TVs for the purpose of entertainment has also created a demand for safe dispatches of products.
All of the above scenarios that have defined the lockdowns created a massive demand for layer pads as they use solid board grade to ensure utmost safe packing of goods during transit. Furthermore, layer pads ensure uniform distribution of weight during transit, which prevents breakage and loss.
As BYOD and work from home trend continues to strengthen through the months, analysts anticipate that the demand for layer pads will remain in the high consumer electronics sector in the Q2 and Q3 of 2020.
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Beauty Trends and Access to International Cosmetics Draws Demand for Layer Pads for Safe Packaging
Beauty trends have definitely been the biggest contributors to the growing demand for packaging solutions in recent years. Rise of media and access to it has gravely influenced a young generation to take good care of skin, hair, and overall grooming.
In the coming years, analysts predict that focus on self-care will lead to a mammoth demand for beauty products. The fact that these products are packed in glass, which lead to a growing need for better packaging solutions, thus shifting focus towards layer pads.
A wide range of cosmetic companies are expected to make optimum use of layer pads as they are a more sustainable packaging solution when compared to plastic bubble wrap. Increasing consumer consciousness and growing pressure on manufacturers to reduce packaging wastage are expected to see a higher uptake of layer pads in packaging of cosmetics and personal care products in the coming ten years.
Recyclability of Layer Pads to Remain its Driving Force
The demand for layer pads has been skyrocketing in recent years as the demand for recyclable materials remains high. The growing awareness about excessive use of plastic and thermoform for packaging has led to a significant damage to the environment. Layer pads on the other hand are completely recyclable, which makes them an ideal choice for shipping goods in the safest way possible.
In addition to this advantage, the demand for layer pads has risen in past years as it is exceptionally light weight and thus easy to handle. This means the transportation cost is significantly reduced and more can be transported at one time.
The demand for layer pads is projected to see a significant upward trend in the coming years as the end users seek simplified solution to large volume of trade.
Global Layer Pads Market: Regional Analysis
According to analysts, the global layer pads market will be driven by North America and Western Europe. The regions will hold dominance in terms of value and volume. The higher awareness about recycling and reusing materials is projected to keep these regions in the lead.
Research also indicates that Asia Pacific is likely to have a strong footprint due to a solid consumer electronics industry. Increasing manufacturing activities in developing economies of China and India are anticipated to boost the demand for layer pads in the coming years.
A growing number of entrepreneurs are focusing on packaging their products in a sustainable way, which is expected to fuel the market in an unstoppable way during the forecast period.
Layer Pads Market – Scope of the Report
Transparency Market Research’s recent report on the Layer Pads market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the Layer Pads market analyzes the scenario for the period 2020 - 2030, wherein 2019 is the base year and 2018 is historical data. The report enables readers to make important decisions with regard to their business, through a wealth of information enclosed in the study.
This TMR study on the Layer Pads market provides data on the developments undertaken by important players and stakeholders in the market, along with a competitive analysis. The report also provides an understanding of strengths, weaknesses, threats, and opportunities, along with trends and restraints in the landscape. Presented in a clear sanctioned manner, the report on the global Layer Pads market gives readers an individual understanding of the market.
The report on the global Layer Pads market provides information on the basis of product type, price range, end use, distribution channel, and region.
The study discusses the underlying trends and impact of various factors that drive the global Layer Pads market, along with their influence on the evolution of the market.
The study also offers Porter’s Five Force Analysis, value chain analysis, key trend analysis, SWOT analysis, COVID-19 impact analysis, and technology overview of the global Layer Pads market in order to highlight the crucial growth tactics and opportunities for market players.
Key Questions Answered in This Report on Layer Pads Market
- How much revenue will the Layer Pads market generate by the end of the forecast period?
- What application of Layer Pads is likely to gain the maximum market share by 2030?
- What regions currently contribute the maximum share to the overall Layer Pads market?
- What are the indicators expected to drive the global Layer Pads market?
- Which region is likely to be a lucrative market during the forecast period?
- What are the essential strategies incorporated by key stakeholders in the global Layer Pads market to expand their geographical presence?
- What are the major advancements witnessed in the global Layer Pads market?
The report answers these questions and more about the global Layer Pads market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.
Layer Pads Market – Research Methodology
TMR’s report on the global Layer Pads market is based on a complete and comprehensive evaluation of the market backed by secondary and primary sources. The competitive scenario of the global Layer Pads market is supported by an assessment of different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data and current trends, researchers of the global Layer Pads market arrive at predictions and estimations, and calculate the forecast for the market.
The report uses an analytical triangulation method to estimate the numbers and figures of the global Layer Pads market with both bottom-up and top-down approaches.
The detailed assessment of the global Layer Pads market, along with an overview of the landscape is provided based on a careful examination of the avenues related to this market. Analysts’ conclusions on how the global Layer Pads market is set to grow are based on carefully vetted primary and secondary sources.
Layer Pads Market – Segmentation
Number of Walls
Size and Thickness