Global Corrugated Pallets Market Overview:
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|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
Rise in Inclination towards Sustainable Packaging and Growing Need for Light Weight and Sturdy Packaging Materials
Market Growth Drivers:
The rise in building & construction activities in Emerging Nations, Growing Food & Beverage Industry and Increase in International Trade
Pricing Pressures for Small Manufacturers and Corrugated Pallets Lose Strength When Exposed To Moisture
Stringent Regulation on Volatile Organic Compounds and Regulatory Norms on Industrial Packaging for Food Contact and Pharmaceutical Products
Opportunities in Sustainable Packaging and Growth in E-commerce retailing
Global Corrugated Pallets is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are DS Smith (United Kingdom), Smurfit Kappa Group (Ireland), KraftPal (United Kingdom), Kamps Pallets (United States), Milwood Group (England), PGS Group (France), Conitex Sonoco (Spain), Spanco Enterprises (India), Brambles Limited (Australia) and Corrupal (United States). Additionally, following companies can also be profiled that are part of our coverage like EcoDuro (United States), Elsons International (United States), GL Packaging Products, Inc. (United States) and Green Ox Pallets (United States). Considering Market by Industry Verticals, the sub-segment i.e. Food & Beverages will boost the Corrugated Pallets market. Considering Market by Distribution Channels, the sub-segment i.e. Manufacturers will boost the Corrugated Pallets market. Considering Market by Layers, the sub-segment i.e. Less than 3 Layers will boost the Corrugated Pallets market.
Latest Market Insights:
In October 2021, Smurfit Kappa Group (SKG) completed the acquisition of Verzuolo for a purchase price of USD 360 million. Verzuolo is highly complementary to SKG’s existing operations, strategically located close to the port of Savona, and is expected to deliver significant benefits for both the group and its customer base.
In November 2021, KraftPal is a manufacturer of durable lightweight, and recyclable corrugated pallets using a high-speed automated system and is on the mission to eliminate the last stronghold of wood in the mainstream logistical pipeline, leading a paradigm shift in the pallet industry. The rise of green consumerism is creating a revolution in global corporate manufacturing and corporate decision processes. Sustainable packaging is playing an ever-increasing role in the tidal turn in consumer spending and corporate identity programs.
What Can be Explored with the Corrugated Pallets Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Corrugated Pallets Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Corrugated Pallets
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Corrugated Pallets market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Corrugated Pallets market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Corrugated Pallets Manufacturers, Industry Verticals, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.