Corrugated Pallet Containers Market Is Set to Experience Revolutionary Growth by 2031
Corrugated pallet containers are a natural alternative and effective packaging solution for plastic packaging material. It has observed that the corrugated pallet containers packaging has the highest recycling rate of any other form of packaging material.
Corrugated pallet containers have been manufactured
through a variety of methods, which include internal support cells, corrugated
top decks ad bottom decks, corrugated runners, honeycomb support blocks and
others.
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Corrugated pallet containers offer benefits such as
higher fuel savings, easy transportation, recycling revenue, space optimization
and eco-friendly properties. The corrugated pallet containers are lightweight
that optimize the space utilization in the truck and reduce the cost of
material handling in the warehouse.
The lightweight property of corrugated pallet
containers significantly reduces the shipping costs, in comparison to wooden
pallets. The end-use industries such as e-commerce, logistics and retail are
favourably demanding lightweight pallet containers which are manufactured using
paper or corrugated board. On the back of all aforesaid features, the demand
for corrugated pallet containers is anticipated to propel during the forecasted
period.
Which are the
Factors Boosting the Demand for the Corrugated Pallet Containers Market?
Corrugated pallet containers reduced shipping costs
which consistently decrease fuel consumption and results in cost savings in
several industries. The rising demand for online shopping through e-commerce
sites of consumer electronics by the logistics companies is driving
the growth of the heavy-duty corrugated pallet containers market.
What are the Opportunities for the Growth of the Corrugated
Pallet Containers Market?
Various countries
have imposed strict regulations against the usage of single-use plastic
packaging as it harms the environment. The corrugated pallet containers
can be 100% recycled and reused which stands ahead in the market where strict
regulations are imposed on single-use plastic packaging.
The increasing
industrial trade activities across various countries will generate the growth
opportunity for corrugated pallet containers due to their environmentally
friendly feature.
What are the Key
Challenges that Might Restrain Growth of the Corrugated Pallet Containers
Market?
The major factor
which can limit the growth of corrugated pallet containers is the cost of
pallet containers. The prices of corrugated pallet containers are slightly high
which can afford by small scale manufacturers. The increasing prices of raw
materials, especially paper and pulp can hamper the growth of the corrugated
pallet containers market.
Market Segmentation of the Corrugated Pallet Containers
Market
By Layer:
- Less than 3 layers (standard)
- 3-5 layers (robust)
- More than 5 layers (extra robust for
high dynamic and static capabilities)
By Size:
- Very small (400 x 600mm and 400 x
800mm)
- Small (600 x 600mm and 600 x 800mm)
- Medium (800 x 1200mm)
- Large (1000 x 1100mm and 1000 x
1200mm)
- Very Large (1220 x 1520mm)
By Pallet Type:
- AF-1 airfreight pallet
- Household appliances pallet
- Standard pallets
o X-pallet
o M-pallet
By End-use Industry:
- Logistics
- Pharmaceutical
- Cosmetics & Personal Care
- Food & Beverages
- Consumer Electronics
- Automotive
- Others (Chemical)
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