Global Pallet Wraps Market: Overview

In the last two decades, packaging industry has witnessed radical shifts in its pattern of growth and shift is influenced by the changing tendencies of consumers. These changes in consumer preference demand for transportation of goods utilizing pallets that could prevent damage of product and would ensure stability of load. The demand for pallet wraps are increasing due to its ability to protect against moisture, dust, and rust, which makes them suitable for transport over a long distance.

Pallet wraps are utilized in the wrapping of goods onto the pallet. These wraps are specialized wrapping machines that find use in handling and picking of pallet loads of various weights and of random heights. Packaging products are wrapped firmly so as to place goods in one position firmly over the period of shipment. Rising prominence of these wraps are likely to bolster growth of the global pallet wraps market in the years to come.

Product, material, film, end use, and region are the five important parameters based on which the global pallet wraps market has been categorized. Such dissection of the market comes with the purpose to offer stakeholders with a detailed and clear analysis of the global pallet wraps market.

To gauge the scope of customization in our reports Ask for a Sample

Global Pallet Wraps Market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global pallet wraps market is mentioned below:

  • In 2017, Omni Motus, a mobile pallet stretch wrapping machine, was put on display at AUSPACK exhibition. This mobile packaging system was made to increase the productivity of warehouse.

Some of the prominent organizations in the global pallet wraps market include the below-mentioned:

  • Hangzhou Youngsun Intelligent Equipment Co. Ltd
  • Robopac SPA
  • Phoenix Wrappers, Inc.
  • Fromm Packaging Systems, Inc.
  • Muller Load Containment Solutions
  • Arpac LLC

Looking for Regional Analysis or Competitive Landscape in Global Pallet Wraps Market, ask for a customized report

Global Pallet Wraps Market: Key Trends

The global pallet wraps market is characterized by the presence of the following restraints, drivers, and opportunities.

Economic Feasibility for Using these Wraps to Bolster its Demand in the Market

The global pallet wraps market is likely to be influenced by the growing popularity of polyvinyl chloride (PVC) for pallet packaging. High stretchability of PVC over a long period of time is expected to bolster its demand in pallet packaging. As big containers and large pellets are becoming increasingly popular, pallet wrap is becoming a logistic and packaging staple for an extensive range of wrapping requirements. In addition to that, augmented dependence of various enterprises on pallet wraps to ensure low cost of operation is expected to drive the use of these wraps. This factor is estimated to support the growth of the global pallet wraps market in the years to come.

High operational cost together with the requirement of skilled labors is likely to act as a setback for the global pallet wraps market in the years to come. Besides, manufacturers are coming up with high volume output and they can afford pallet wrappers. However, it not economically feasible for small-scale manufacturers to opt for pallet wraps as packaging solution.

Global Pallet Wraps Market: Geographical Analysis

In terms of region, the global pallet wraps market is segmented into the key territories of North America, Latin America, Asia Pacific, Europe, and Middle East and Africa. Of all these regions, it is expected that Asia Pacific will present immensely lucrative growth opportunities for the market over the period of assessment. Such growth of the region is fuelled by booming packaging industry, which paves way for the growth of the pallet wraps market in Asia Pacific.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Pallet Wraps Market

Pre Book