Layer Pads Market is Witnessing a CAGR of 5.5% During 2017 - 2027

The global layer pads market has been comprehensively evaluated in a publication authored by Future Market Insights (FMI) which provides an uncomplicated dashboard view and understanding of the vendor ecosystem. The valuable vendor landscape information presented in the publication includes market share analysis of important companies operating in the industry, such as KARTON SpA, KapStone Paper and Packaging Corp, International Paper Company, DS Smith Plc, and Smurfit Kappa Group. The company profiles of the players analyzed by the researchers include key details about their recent market developments, strategies, financials, and company overview. The level of competition in the market has also been studied in the publication.

A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4908

As predicted by FMI, the global layer pads market could expand at a CAGR of 6.0% during the forecast period 2017-2027. By the final forecast year, the market could be valued at a US$1.6 bn. In 2017, the market held a valuation of US$0.9 bn. By material, plastic has been anticipated to account for an 80.0% of the total market share by 2027 end. By region, Asia Pacific Excluding Japan (APEJ) could take the driver’s seat in the market while being valued at a US$0.5 bn by the same year.

Increase in Online Shopping Benefits Growth as Layer Pads Enrich Brand Visibility

The rising demand for protective packaging in emerging economies has been foreseen to bode well for the overall growth of the world layer pads market. The revenue growth of the market could experience a sharp increase in the coming years due to the rise of online shopping. Product manufacturers across the globe have been adopting layer pads at a high degree owing to the beneficial factor of enhanced brand visibility.

End users have been demanding layer pads at a growing rate in order to meet various packaging needs with the help of customized solutions. The beverages industry in particular has been expected to spark a mighty demand in the world layer pads market, leaving behind other end-use industries such as manufacturing, chemical, electronics, and food and agro products. Western Europe could witness beverages growing as one of the most attractive end users of layer pads. The high consumption of beverages could be considered as a major factor supporting the growth of this region.

Slow Growth of Manufacturing Sector Spoils Rise in Demand for Layer Pads

Despite the growth of the layer pads market in prime regions such as Western Europe because of the flourishing beverages industry, there could be a slack in demand due to the sluggish growth of the manufacturing industry in the region. This could be for the reason that the market is not solely dependent on one end-use industry. Players could expect impressive prospects birthing in other industries as well.

Nevertheless, the international layer pads market has been envisaged to gain more opportunities in the near future. The cube design optimization of layer pads packaging could create a strong business prospect for players operating in the market. This type of packaging demands less engagement of packaging material and is aimed to maximize the product-to-packaging ratio. Manufacturers could stir up the demand for customized layer pads capable of suiting their product size and shape requirements. Layer pads protecting packaging could be engaged at a significant rate owing to the swift movement of work in progress (WIP) components from one assembly to another.

Read Comprehensive Overview with Methodology of Report @ https://www.futuremarketinsights.com/askus/rep-gb-4908

The information presented in this review is based on an FMI report, titled “Layer Pads Market: Beverages End Use Industry to Hold More Than 3/4th Market Share during the Forecast Period: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2027).”

The global layer pads market has been segmented as presented below:

Global Layer Pads Market: Material

Plastic

Polypropylene (PP)

Polyethylene Terephthalate (PET)

Polycarbonate (PC)

High-density Polyethylene (HDPE)

Polyethylene (PE)

Polypropylene Carbonate (PPC)

Paperboard

Chipboard

Solid Fiberboard

Corrugated

Global Layer Pads Market: End-user Base

Food and Agro Products

Beverages

Alcoholic Beverages

Non-alcoholic Beverages

Electronics

Chemical

Manufacturing

Global Layer Pads Market: Shape

Die Cut Shape

Flat Shape

Global Layer Pads Market: Region

North America

U.S.

Canada

Western Europe

Germany

France

U.K.

Spain

Italy

BENELUX

Nordic

Rest of Western Europe

Eastern Europe

Russia

Poland

Rest of Eastern Europe

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Asia Pacific Excluding Japan (APEJ)

China

India

Australia and New Zealand

ASEAN

Rest of APEJ

Japan

Middle East and Africa (MEA)

GCC Countries

North Africa

South Africa

Rest of MEA

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This release was published on openPR.