Press release
Pallet Collar Market : Opportunities, Demand and Forecasts, 2017 - 2027
Global pallet collar market is majorly driven by the food & beverage industry. High demand for pallet collar for shipping of fruits and vegetables, plastics bottles, cans and packed food products drives pallet collar market. Pallet collars provides hygienic solution, and requires less maintenance, thus they are used for pharmaceuticals industry. Rising demand of pallet collars for construction industry, automotive industry shows great opportunities for pallet collar market. Pallet collars provides cost effective solution by reducing the space required for storage of material as volume is reduced when they are used empty. Pallet collars are light weight in nature thus eliminates extra weight included due to packaging of product, this is the driving factor for pallet collar market.
Packaging manufacturers are looking towards sustainable solution, they are preferring biodegradable packaging products. Therefore, wooden pallet collars which are environmental friendly are mostly preferred over other packaging solutions like barrels, crates, boxes, drums etc. New trends arriving from the retailers end, in pallet collar market is that they are using pallet collars on rents for packaging products. One of the threats of pallet collar market is circular economy package by European commission that mainly focuses on waste management issues. Pallet collar market is negatively impacted by this law.
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Pallet Collar Market Segmentation By Material Type – Plastic Pallet Collar(Polypropylene, Polyethylene), Wooden Pallet Collar, Metal Pallet Collar, Others; By Applications Type – Plastic Bottles, Cans, Trays, Fruits And Vegetables, Others; By End Use – Food & Beverage Industry, Pharmaceuticals Industry, Agriculture Industry, Constructions Industry, Automotive Industry, OthersGlobal pallet collar market: Regional Overview
Global pallet collar market is segmented into seven regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan. In the North American region, the trend is to go for technologically advanced packaging solutions. Due to high demand for packaged food products in the region, there is a need for safe transportation. Therefore, pallet collars enjoy high preference. Manufacturers in the Asia Pacific region emphasize on optimized packaging cost. Since pallet collars are one of the most cost effective solutions available in the market, the APEJ pallet collars market is expected to face sizeable demand, over the forecast period.
Some of the key players of global pallet collar market are DUROtherm Kunststoffverarbeitung GmbH, LOSCAM, Pallet Market Inc., H G Timber Ltd, Hangzhou Guoli packing co., ltd., and llmre AS.
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