Global palletless packaging market: Introduction

Palletless packaging technology aims to eliminate transport pallets by using the goods themselves as the loading platforms. Many manufacturers of packaging equipment emphasize on robust machine designs and techniques, such that they can produce palletless dispatch units. The market for palletless packaging is expected to grow during the forecast period, as it results in reduction of cost. Palletless packaging is fast gaining preference over conventional pallet loading. This is attributed to several demerits of conventional pallet loading method, such as – high cost, greater space requirements than the actual package, no protection of the cargo, among others. One of the highly sought after techniques used for palletless packaging is the reverse hood packaging of goods. Such packages are resistant to various rigors associated with handling and transit of the goods. Reverse hood palletless packaging eliminates the harmful effect of water and moisture. This enables palletless goods to be stored in the open. Therefore, producers who have adopted palletless packaging technology for goods have been quick to leverage this benefit, and use the goods stored in the open as marketing tools. Thus, the outlook for the growth of the global palletless packaging market is expected to remain largely positive during the forecast period.

Global palletless packaging market: Dynamics

The transport pallet has no doubt become an integral component for optimizing the supply chain, and ensuring effective distribution of goods. However, one of the key factors which is expected to turn the tables and stack the deck of cards against it, is cost. The transport pallet, despite being of various types such as – disposable pallets, reusable pallets, pooled pallets, is costly to procure. The transportation and storage of empty pallets, along with pallet maintenance incurs huge costs. Also, pallet transportation requires additional stretch and shrink wrapping to protect the goods. Palletless packaging eliminates the problems associated with conventional pallet loading, such as reduction of effective payload. Palletless packaging also prevents pilferage. Therefore, palletless packaging maximizes the efficiency of goods transit and storage in terms of cost, space, supply chain optimization, and inventory control. Palletless packaging also proves to be economical in terms of increasing transport security, as compared to conventional pallet loading. Palletless packaging is recyclable, and therefore, will gain traction during the forecast period, as the global shift towards sustainable packaging solutions intensifies. Despite the positive outlook over the over the forecast period, rise in usage of products such as corrugated pallets, might act as a major restraint for the growth of the global palletless packaging market.

Global palletless packaging market: Segmentation

The global palletless packaging market has been segmented as –

On the basis of end use industry, the global palletless packaging market has been segmented as:

  • Chemicals and petrochemicals
  • Building & construction industry
  • Fertilizers
  • Others

Global palletless packaging market: Geographical Outlook

On the basis of geography, the global palletless packaging market has been divided into seven key regions –

  • North America
  • Asia Pacific excluding Japan
  • Western Europe
  • Eastern Europe
  • Latin America
  • Middle East & Africa
  • Japan

The North America palletless packaging market is expected to spearhead the global palletless packaging market, during the forecast period. The Asia Pacific region are likely to register a healthy CAGR during the next ten years. Countries such as China and India have witnessed government efforts to essentially double production of goods, in the next five years. In addition, palletless packaging has witnessed a high rate of adoption in the south-east Asian countries. Palletless packaging market in the Latin America region might suffer a few setbacks, due to the slow economic recovery from the recession of 2015. However, post-2020, the palletless packaging market is expected to register a high rate of adoption. The Western Europe palletless packaging market is expected to witness moderate growth during the forecast period, amidst intense competition with conventional pallet loading methods.

Global palletless packaging market: Key Players

Few of the key players operating in the global palletless packaging market are - BEUMER Group GmbH & Co. KG, Maschinenfabrik Möllers GmbH, Officina Meccanica Sestese S.p.A., and Keramik, among others.

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
  • 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.

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.

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