Wire Mesh Containers Market: An Overview
Wire mesh containers are light in weight and foldable due to which they are used for storing and transporting products from one place to another with the help of wheels. These containers are made from steel wires by the process of welding and have a high capacity to hold & transport goods. Wire mesh containers are highly durable due to which they are extensively used in household, various industries like chemical, automotive, etc. and in the retail sector. Wire mesh containers are strong and stackable, which avoids the need for large space for its accommodation as they are easily collapsible. These containers are marketed in different sizes and capacity and are used globally for distribution and manufacturing applications. Wire mesh containers are used in industries for its ability to distribute, organize, and sort goods.
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Wire Mesh Containers Market: Dynamics
The rise in the number of industries has inclined the customer’s attention towards the use of wire mesh containers. The increase in the number of household appliances has also raised the use of these containers. Wire mesh containers are cost-effective and durable, which drives the market for wire mesh containers. They are often used in industries which produce fresh products to maintain suitable environment around them. These containers provide ease related to its folding and placing. They are easily repaired with low maintenance cost and have durability. The ability of these containers to protect the goods from theft by using lockable lids increases its use by the consumers’. These factors boost the market for wire mesh containers. The rise in the number of supermarkets and warehousing propel the use of wire mesh containers. The qualities of wire mesh containers in having the high bearing capacity, being anti-corrosive and space-saving with good visibility rise the wire mesh containers market.
Wire Mesh Containers Market: Key Developments
Many key players in the market are focusing on acquisition and expansion to increase their area of reach and to launch products in an extensive market. Recent developments in the performance of wire mesh containers have created easy-to-use and high capacity containers. This is helping to raise the market for wire mesh containers. Companies are now able to produce containers which are equipped with wheels and brakes for the convenience of the users.
- On 16 August 2017, Nefab Group AB and Speed Group signed a co-operation agreement to combine packaging and logistic expertise for benefitting customers in Sweden and abroad
- On 14 June 2017, Marlin Steel Wire Products LLC was given OSHA’s SHARP Award for exemplary safety related to steel wire products
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Wire Mesh Containers Market: Segmentation
On the basis of size, the wire mesh containers market has been segmented into:
- Junior – 20” x 32” x 22”
- Medium – 32” x 40” x 34”
- Senior – 40” x 48” x 36”
- Large – 40” x 48” x 42”
On the basis of capacity, the wire mesh containers market has been segmented into:
- < 500 kg
- 500 to 1000 kg
- >1000 to 1500 kg
- > 1500 kg
On the basis of end-use, the wire mesh containers market has been segmented into:
- Retail Stores
- Food & Beverages
- Logistics & Transportation
- Other Industries
Wire Mesh Containers Market: Regional Outlook
Countries like Germany and UK in the European region; Japan, China, and India in the Asia Pacific region and the U.S. in the North America region have the highest number of steel industry and its related output; and therefore, the market for wire mesh containers is expected to rise. The wire mesh containers market in developed countries such as the U.S., Italy, and the UK is expected to have positive growth during the forecast period. It attributed to the high demand for wire mesh containers incorporate in packaging and safe transportation of various goods. The increasing demand for a cheap and durable material handling system drives the wire mesh containers market in developing countries such as India, China, etc.
Wire Mesh Containers Market: Key Players
- Lafayette Wire Products Inc.
- Jesco Industries, Inc.
- Nefab Packaging, Inc.
- Metal One Corporation
- Warehouse Rack & Shelf LLC
- Marlin Steel Wire Products LLC
- Eurowire Containers Ltd.
- Nashville Wire Products Mfg. Co.
- Worldwide Material Handling Products, LLC
- Vestil Manufacturing Corp.
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 wire mesh containers 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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The following regional segments are covered comprehensively:
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Below is a snapshot of these quadrants.
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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?
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