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Pallet covers are an advance palletizing films used to cover the exterior of the pallet. It is used in protective packaging to protect the pallet from scratches and other external factors. It is made from Polyethylene, Ethylene Vinyl Acetate, Plastomers, Elastomers & others. Pallet covers are used to safeguard unitized load from dust, dirt, and an external factor at the time of transit. Increase in containerization and increased in the packaging process is expected to fuel the growth of pallet cover during the forecast period.
Increase in intercontinental trade between developed economy and growing trade pattern. Shippers are increasingly using pallet covers to protect the goods from moisture and environmental factor. It has the advantage that it follows the form of the pallet. This helps when the load on the pallet is uneven. Sealing of pallet with pallet covers is done with the help of a heating machine. The film shrinks and settle to the product according to the shape and makes it easy to handle. It is also perforated on a roll for easy dispensing and is reusable as well as recyclable which makes it an excellent choice for packaging. It is used as a temporary and short term storage option to cover materials on a pallet and are an economical alternative to a pallet cover tarp.
The demand for pallet covers primarily influenced by the food and beverages industry, globally. The increase in bulk production and containerization activity is expected to drive the market for pallet covers in the forecast period. It is used by multi-packaging industry where a set of beverages containers are packed together, sealed and are transported to other places. It is also used in the pharmaceutical industry as a load unitizing solution. It is due to its transparency that allows excellent visibility of pallet contents. It is produced to sustain high tension load to cater to heavy industries. The increase in trade between developed economies and emerging countries is also expected to propel the pallet covers market during the forecast period. The increase in warehousing facility and retail industry growth are also expected to drive the pallet covers market due to storage of excess stock. Therefore, these are the factor expected to drive the global market for pallet covers during the forecast period.
The global pallet covers market is segmented as follows –
By material type, the global pallet covers market is segmented into –
By Thickness Type, the global pallet covers market is segmented into –
By End Use, the global pallet covers market is segmented into –
India and China are expected to be the prominent market for the pallet covers market in the Asia Pacific region. Owing to development, industrialization, and intercontinental trade. Which requires protective packaging for transportation. Moreover, Europe is also expected to witness a positive outlook towards the pallet covers market. It is due to retail industry growth and warehousing facility carried out in Europe. The global market for pallet covers is expected to show positive growth in the forecast period. It is due to the growing demand for protective packaging for transportation.
Some of the leading players operating in the global pallet covers market are as follows –
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Pallet Covers Market
