A Palletainer is a portable container designed for transporting and loading. Palletainers are a durable corrugated solution which is used for the bulk storing and transportation of loose fill products and fresh products, with its contents, with the help of a pallet jack, forklift & lift truck. Palletainers are designed with a rigid case, mostly made of galvanized iron or steel, to ensure safety and durability. Palletainers are used to ship and store commodities and raw materials, bulk chemicals and hazardous materials, petrochemical products, food syrups, etc. This packaging solution offers benefits to all the areas of supply chain, cost effectiveness, product handling, etc. The increasing purchasing power of average customers and an upswing in the adoption of innovative packaging tools are factors that have led to the significant growth in purchase of goods and indirectly increasing demand for palletainers market globally.
Palletainer Market- Market Segmentation:
Global palletainers market is segmented on the basis of container type, by materials type, by usability, and by end use. On the basis of container type, the global palletainers market can be segmented as rigid palletainers and flexible palletainers. On the basis of usability, the global palletainers market can be segmented into single use palletainers and reusable palletainers. On the basis of materials type, palletainers market can be segmented into paperboard, plastic, fiberboard, aluminum and metal. On the basis of end use the global palletainers market can be segmented as food & beverages industry, pharmaceuticals and healthcare industry, chemical, industrial goods and other industries (includes construction, fertilizers, and mining and minerals).
Palletainer Market- Market Dynamics:
Growth in demand for palletainers market is expected to grow strongly for several reasons. One of the major factors contributing towards the growth of palletainers market is that it is very effective for distribution center usage. Another reason towards the growth of palletainers is that it is designed to help companies in transporting fresh produce goods, it minimize transportation costs, it also increase vehicle utilization and improve produce protection. Moreover, the reusability factor of the palletainers is another aspect towards the growth of global palletainers market. Also, expansion of commodity trade in developing nations is expected to fuel the demand of global palletainers market. On the other hand, the restraining factor towards the growth of the palletainers market is the higher initial cost of raw materials and lack of awareness among users.
Palletainer Market - Regional Outlook:
Geographically, the global Palletainers market is segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA). The global palletainers market is expected to witness a steady CAGR over the forecast period of 2016-2024. Moreover, North America is expected to be the largest palletainers market in terms of palletainers, due to the higher rate of exporting products and goods. Apart from this, the vast evolution of the container shipping and low freight rates is expected to boost further the sales of the palletainers market in Asia-Pacific by the end of the forecast period of 2016-2024.
Palletainer Market - Major Players:
Some of the major players identified across the globe in the palletainers market are Ted Thorsen Company, Base Handling Products Ltd., Smurfit Kappa Group, T&B Containers Ltd., Mariner Packaging Co Ltd., Qingdao Midwell Industry And Trade Co., Ltd., Xiamen Wuhao Industry & Trade Co., Ltd., Longkou Forever Developed Metal Product Co. Ltd., Dalian Huameilong Metal Products Co., Ltd., Nanjing Whitney Metal Products Co., Ltd., Shenzhen Runye Logistics Equipment Co., Ltd., Foshan Runda Racking Manufacturing Co., Ltd., Suzhou Beisco Imports & Exports Co., Ltd., Qingdao Rockstone Machinery 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
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- 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
- 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.
2. Insights and Tools
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.
3. Actionable Results
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?
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.