Impact of Existing and Emerging Pallet Collar Market Trends And Forecast 2017-2027

Pallets collars are used for packaging, storing, displaying and transporting products. They provide safer transporting of bottles, cans, fruits and vegetables. Pallet collars are foldable in nature and can be folded up in order to eliminate the extra space when they are not being used. Pallet collar provides light weight packaging solution for exporting bulky products. Pallets collar can bear high loads, without being collapsed, due to the weight of the packing product. High tensile strength of the pallet collar makes them applicable to bear top load during the shipping of the products. Pallet collar are recyclable in nature, thus providing sustainable packaging solutions. They are resistant to UV radiations as well as to moisture. Therefore, they are widely used for transporting goods through water bodies. Different sizes, height and width makes them convenient packaging solution, applicable to be used as a secondary packaging product.

Global pallet collar market: Dynamics

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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Global pallet collar market: Segmentation

Global pallet collar market is segmented on the basis of material type, application type and end use.
On the basis of material type, pallet collar market is segmented as:

Plastic pallet collar
Polypropylene
Polyethylene
High density polyethylene (HDPE)
Low density polyethylene (LDPE)
Wooden pallet collar
Metal pallet collar
Others

On the basis of applications type, pallet collar market is segmented as:

Plastic bottles
Cans
Trays
Fruits and vegetables
Others

On the basis of end use, pallet collar market is segmented as:

Food & beverage industry
Pharmaceuticals industry
Agriculture industry
Constructions industry
Automotive industry
Others

Global 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.

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Global pallet collar market: Key Players

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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This release was published on openPR.