Global Pallet Wraps Market Size, Share, Trends, Industry Growth by Product (Hand Wrap Rolls, Machine Rolls), by Thickness (<15 mm, 15-30 mm, 31-45 mm, >45 mm), by Material, by Film, by End-Use, by Region, and Forecast to 2030

Price: 3795/- USD | Published Date: March 13, 2023 |

The global pallet wraps market size was estimated at around USD 6 billion in 2022 and anticipated to register a significant growth rate of over 4% during the forecast period from 2023 to 2030. By region, the Asia Pacific is accounted to hold the largest market share in the benchmark year and estimated to register the highest CAGR over the forecast period.

The growing use of the product in the packaging industry due to reducing product loss and for the protection of workers is estimated to drive the pallet wraps industry significantly. Furthermore, the growing adoption of automation in various industries and the rising popularity of industry 4.0 are further anticipated to fuel the market growth over the forecast period. Moreover, the growing technological advancement in the packaging process and the rising popularity of PVC for pallet packaging are estimated to uplift market growth in the next upcoming years. In addition, the increasing demand for lightweight packaging solutions, the rising adoption of eco-friendly pallet wraps, and the significant growth of the e-commerce industry are anticipated to propel the market growth.

Global Pallet Wraps Market Attributes:

Benchmark Year 2022
Market Size USD 6 Billion in 2022
Market Growth (CAGR) > 4 %
Largest Market Share Asia Pacific
Analysis Period 2020-2030

Market Insights:

The global pallet wraps market is bifurcated into product type, thickness, film type, material, end-use, and geography. On the basis of product type, the market is segmented into hand wrap rolls and machine rolls. The machine rolls segment dominated the global market in the benchmark year and expected to grow at the same trend over the forecast period. The rising trend of industry 4.0 and the growing adoption of industrial automation are some major factors driving the segment growth. Furthermore, the growing automation in packaging process and the increasing demand for automated machine pallet wraps are further anticipated to propel the segment growth over the forecast period.

Pallet Wraps Market Size

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The global pallet wraps market report explores the critical analysis of the industry using key parameters. The report covers investment strategies, the need for investment in the industry, and several benefits for investors. Significantly, this report sets out major changes in the global technical regulations for the market, as well as how economic and non-economic constraints are helping the market to grow. Furthermore, the report analyzes the historic and forecasted market size at the global, regional, and country-level. The report also provides a comprehensive analysis of key investment proposals, competitor positions, porter’s five force analysis, SWOT analysis, pestel analysis, value chain analysis, etc.

The pallet wraps comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2023 to 2030. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Historical & Forecast Period

  • 2020-21 – Historical Year
  • 2022 – Base Year
  • 2023-2030 – Forecast Period

Global Pallet Wraps Market Segmentation:

Pallet Wraps Market by Product Type:

  • Hand Wrap Rolls
  • Machine Rolls

Pallet Wraps Market by Thickness:

  • <15 mm Pallet Wraps
  • 15-30 mm Pallet Wraps
  • 31-45 mm Pallet Wraps
  • >45 mm Pallet Wraps

Pallet Wraps Market by Material:

  • Polyethylene
  • Polypropylene
  • Polyethylene Terephthalate
  • Polyamide
  • PVdC

Pallet Wraps Market by Film:

  • Blown Film
  • Cast Film

Pallet Wraps Market by End-Use:

  • Food & Beverages
  • Pharmaceuticals
  • Chemicals & Fertilizers
  • Personal Care & Cosmetics
  • Consumer Goods
  • Automotive
  • Electrical & Electronics

Pallet Wraps Market by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Pallet Wraps Market: Geographic Coverage

Geographically, the pallet wraps market report comprises dedicated sections centering on the regional market revenue and trends. The pallet wraps market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The pallet wraps market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Pallet wraps market estimates have also been provided for the historical years 2020 & 2021 along with forecasts for the period from 2023 – 2030.

Pallet Wraps Market: Competitive Assessment

Some of the prominent market players operating in the global pallet wraps market are Intertape Polymer Group Inc., Berry Global Inc., Scientex Berhad, Aep Industries Inc., and Sigma Stretch Film Corp. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Intertape Polymer Group Inc.
  • Berry Global Inc.
  • Scientex Berhad
  • Aep Industries Inc.
  • Sigma Stretch Film Corp.
  • Coveris
  • Rosenflex (United Kingdom) Limited
  • Polifilm GmbH
  • Anchor Packaging Inc.
  • Paragon Films Inc.

Key Questions Answered by Pallet Wraps Market Report

  • Global pallet wraps market forecasts from 2023-2030
  • Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
  • Pallet wraps submarket forecasts from 2023-2030 covering the market by product type, thickness, material, film type, end-use, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level pallet wraps markets from 2023-2030
  • Competitive Landscape and market positioning of the top 10 players operating in the market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Pallet Wraps Market Portraiture
2.2. Global Pallet Wraps Market, by Product, 2022 (USD Mn)
2.3. Global Pallet Wraps Market, by Thickness, 2022 (USD Mn)
2.4. Global Pallet Wraps Market, by Material, 2022 (USD Mn)
2.5. Global Pallet Wraps Market, by Film, 2022 (USD Mn)
2.6. Global Pallet Wraps Market, by End-Use, 2022 (USD Mn)
2.7. Global Pallet Wraps Market, by Geography, 2022 (USD Mn)

 

3. Global Pallet Wraps Market Analysis


3.1. Pallet Wraps Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTLE Analysis
3.8. COVID-19 Impact Analysis

 

4. Global Pallet Wraps Market By Product, 2020 – 2030 (USD Mn)


4.1. Overview
4.2. Hand Wrap Rolls
4.3. Machine Rolls

 

5. Global Pallet Wraps Market By Thickness, 2020 – 2030 (USD Mn)


5.1. Overview
5.2. <15 mm Pallet Wraps
5.3. 15-30 mm Pallet Wraps
5.4. 31-45 mm Pallet Wraps
5.5. >45 mm Pallet Wraps

 

6. Global Pallet Wraps Market By Material, 2020 – 2030 (USD Mn)


6.1. Overview
6.2. Polyethylene
6.3. Polypropylene
6.4. Polyethylene Terephthalate
6.5. Polyamide
6.6. PVdC

 

7. Global Pallet Wraps Market By Film, 2020 – 2030 (USD Mn)


7.1. Overview
7.2. Blown Film
7.3. Cast Film

 

8. Global Pallet Wraps Market By End-Use, 2020 – 2030 (USD Mn)


8.1. Overview
8.2. Food & Beverages
8.3. Pharmaceuticals
8.4. Chemicals & Fertilizers
8.5. Personal Care & Cosmetics
8.6. Consumer Goods
8.7. Automotive
8.8. Electrical & Electronics

 

9. North America Pallet Wraps Market Analysis and Forecast, 2020 – 2030 (USD Mn)


9.1. Overview
9.2. North America Pallet Wraps Market by Product, (2020-2030 USD Mn)
9.3. North America Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
9.4. North America Pallet Wraps Market by Material, (2020-2030 USD Mn)
9.5. North America Pallet Wraps Market by Film, (2020-2030 USD Mn)
9.6. North America Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
9.7. North America Pallet Wraps Market by Country, (2020-2030 USD Mn)
9.7.1. U.S.
9.7.1.1. U.S. Pallet Wraps Market by Product, (2020-2030 USD Mn)
9.7.1.2. U.S. Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
9.7.1.3. U.S. Pallet Wraps Market by Material, (2020-2030 USD Mn)
9.7.1.4. U.S. Pallet Wraps Market by Film, (2020-2030 USD Mn)
9.7.1.5. U.S. Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
9.7.2. Canada
9.7.2.1. Canada Pallet Wraps Market by Product, (2020-2030 USD Mn)
9.7.2.2. Canada Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
9.7.2.3. Canada Pallet Wraps Market by Material, (2020-2030 USD Mn)
9.7.2.4. Canada Pallet Wraps Market by Film, (2020-2030 USD Mn)
9.7.2.5. Canada Pallet Wraps Market by End-Use, (2020-2030 USD Mn)

 

10. Europe Pallet Wraps Market Analysis and Forecast, 2020 - 2030 (USD Mn)


10.1. Overview
10.2. Europe Pallet Wraps Market by Product, (2020-2030 USD Mn)
10.3. Europe Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
10.4. Europe Pallet Wraps Market by Material, (2020-2030 USD Mn)
10.5. Europe Pallet Wraps Market by Film, (2020-2030 USD Mn)
10.6. Europe Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
10.7. Europe Pallet Wraps Market by Country, (2020-2030 USD Mn)
10.7.1. Germany
10.7.1.1. Germany Pallet Wraps Market by Product, (2020-2030 USD Mn)
10.7.1.2. Germany Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
10.7.1.3. Germany Pallet Wraps Market by Material, (2020-2030 USD Mn)
10.7.1.4. Germany Pallet Wraps Market by Film, (2020-2030 USD Mn)
10.7.1.5. Germany Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
10.7.2. U.K.
10.7.2.1. U.K. Pallet Wraps Market by Product, (2020-2030 USD Mn)
10.7.2.2. U.K. Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
10.7.2.3. U.K. Pallet Wraps Market by Material, (2020-2030 USD Mn)
10.7.2.4. U.K. Pallet Wraps Market by Film, (2020-2030 USD Mn)
10.7.2.5. U.K. Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
10.7.3. France
10.7.3.1. France Pallet Wraps Market by Product, (2020-2030 USD Mn)
10.7.3.2. France Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
10.7.3.3. France Pallet Wraps Market by Material, (2020-2030 USD Mn)
10.7.3.4. France Pallet Wraps Market by Film, (2020-2030 USD Mn)
10.7.3.5. France Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
10.7.4. Spain
10.7.4.1. Spain Pallet Wraps Market by Product, (2020-2030 USD Mn)
10.7.4.2. Spain Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
10.7.4.3. Spain Pallet Wraps Market by Material, (2020-2030 USD Mn)
10.7.4.4. Spain Pallet Wraps Market by Film, (2020-2030 USD Mn)
10.7.4.5. Spain Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
10.7.5. Italy
10.7.5.1. Italy Pallet Wraps Market by Product, (2020-2030 USD Mn)
10.7.5.2. Italy Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
10.7.5.3. Italy Pallet Wraps Market by Material, (2020-2030 USD Mn)
10.7.5.4. Italy Pallet Wraps Market by Film, (2020-2030 USD Mn)
10.7.5.5. Italy Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
10.7.6. Rest of Europe
10.7.6.1. Rest of Europe Pallet Wraps Market by Product, (2020-2030 USD Mn)
10.7.6.2. Rest of Europe Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
10.7.6.3. Rest of Europe Pallet Wraps Market by Material, (2020-2030 USD Mn)
10.7.6.4. Rest of Europe Pallet Wraps Market by Film, (2020-2030 USD Mn)
10.7.6.5. Rest of Europe Pallet Wraps Market by End-Use, (2020-2030 USD Mn)

 

11. Asia Pacific Pallet Wraps Market Analysis and Forecast, 2020 - 2030 (USD Mn)


11.1. Overview
11.2. Asia Pacific Pallet Wraps Market by Product, (2020-2030 USD Mn)
11.3. Asia Pacific Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
11.4. Asia Pacific Pallet Wraps Market by Material, (2020-2030 USD Mn)
11.5. Asia Pacific Pallet Wraps Market by Film, (2020-2030 USD Mn)
11.6. Asia Pacific Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
11.7. Asia Pacific Pallet Wraps Market by Country, (2020-2030 USD Mn)
11.7.1. China
11.7.1.1. China Pallet Wraps Market by Product, (2020-2030 USD Mn)
11.7.1.2. China Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
11.7.1.3. China Pallet Wraps Market by Material, (2020-2030 USD Mn)
11.7.1.4. China Pallet Wraps Market by Film, (2020-2030 USD Mn)
11.7.1.5. China Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
11.7.2. Japan
11.7.2.1. Japan Pallet Wraps Market by Product, (2020-2030 USD Mn)
11.7.2.2. Japan Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
11.7.2.3. Japan Pallet Wraps Market by Material, (2020-2030 USD Mn)
11.7.2.4. Japan Pallet Wraps Market by Film, (2020-2030 USD Mn)
11.7.2.5. Japan Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
11.7.3. India
11.7.3.1. India Pallet Wraps Market by Product, (2020-2030 USD Mn)
11.7.3.2. India Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
11.7.3.3. India Pallet Wraps Market by Material, (2020-2030 USD Mn)
11.7.3.4. India Pallet Wraps Market by Film, (2020-2030 USD Mn)
11.7.3.5. India Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
11.7.4. Rest of Asia Pacific
11.7.4.1. Rest of Asia Pacific Pallet Wraps Market by Product, (2020-2030 USD Mn)
11.7.4.2. Rest of Asia Pacific Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
11.7.4.3. Rest of Asia Pacific Pallet Wraps Market by Material, (2020-2030 USD Mn)
11.7.4.4. Rest of Asia Pacific Pallet Wraps Market by Film, (2020-2030 USD Mn)
11.7.4.5. Rest of Asia Pacific Pallet Wraps Market by End-Use, (2020-2030 USD Mn)

 

12. Latin America (LATAM) Pallet Wraps Market Analysis and Forecast, 2020 - 2030 (USD Mn)


12.1. Overview
12.2. Latin America Pallet Wraps Market by Product, (2020-2030 USD Mn)
12.3. Latin America Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
12.4. Latin America Pallet Wraps Market by Material, (2020-2030 USD Mn)
12.5. Latin America Pallet Wraps Market by Film, (2020-2030 USD Mn)
12.6. Latin America Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
12.7. Latin America Pallet Wraps Market by Country, (2020-2030 USD Mn)
12.7.1. Brazil
12.7.1.1. Brazil Pallet Wraps Market by Product, (2020-2030 USD Mn)
12.7.1.2. Brazil Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
12.7.1.3. Brazil Pallet Wraps Market by Material, (2020-2030 USD Mn)
12.7.1.4. Brazil Pallet Wraps Market by Film, (2020-2030 USD Mn)
12.7.1.5. Brazil Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
12.7.2. Mexico
12.7.2.1. Mexico Pallet Wraps Market by Product, (2020-2030 USD Mn)
12.7.2.2. Mexico Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
12.7.2.3. Mexico Pallet Wraps Market by Material, (2020-2030 USD Mn)
12.7.2.4. Mexico Pallet Wraps Market by Film, (2020-2030 USD Mn)
12.7.2.5. Mexico Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
12.7.3. Rest of Latin America
12.7.3.1. Rest of Latin America Pallet Wraps Market by Product, (2020-2030 USD Mn)
12.7.3.2. Rest of Latin America Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
12.7.3.3. Rest of Latin America Pallet Wraps Market by Material, (2020-2030 USD Mn)
12.7.3.4. Rest of Latin America Pallet Wraps Market by Film, (2020-2030 USD Mn)
12.7.3.5. Rest of Latin America Pallet Wraps Market by End-Use, (2020-2030 USD Mn)

 

13. Middle East and Africa Pallet Wraps Market Analysis and Forecast, 2020 - 2030 (USD Mn)


13.1. Overview
13.2. MEA Pallet Wraps Market by Product, (2020-2030 USD Mn)
13.3. MEA Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
13.4. MEA Pallet Wraps Market by Material, (2020-2030 USD Mn)
13.5. MEA Pallet Wraps Market by Film, (2020-2030 USD Mn)
13.6. MEA Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
13.7. Middle East and Africa Pallet Wraps Market, by Country, (2020-2030 USD Mn)
13.7.1. GCC
13.7.1.1. GCC Pallet Wraps Market by Product, (2020-2030 USD Mn)
13.7.1.2. GCC Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
13.7.1.3. GCC Pallet Wraps Market by Material, (2020-2030 USD Mn)
13.7.1.4. GCC Pallet Wraps Market by Film, (2020-2030 USD Mn)
13.7.1.5. GCC Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
13.7.2. South Africa
13.7.2.1. South Africa Pallet Wraps Market by Product, (2020-2030 USD Mn)
13.7.2.2. South Africa Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
13.7.2.3. South Africa Pallet Wraps Market by Material, (2020-2030 USD Mn)
13.7.2.4. South Africa Pallet Wraps Market by Film, (2020-2030 USD Mn)
13.7.2.5. South Africa Pallet Wraps Market by End-Use, (2020-2030 USD Mn)
13.7.3. Rest of MEA
13.7.3.1. Rest of MEA Pallet Wraps Market by Product, (2020-2030 USD Mn)
13.7.3.2. Rest of MEA Pallet Wraps Market by Thickness, (2020-2030 USD Mn)
13.7.3.3. Rest of MEA Pallet Wraps Market by Material, (2020-2030 USD Mn)
13.7.3.4. Rest of MEA Pallet Wraps Market by Film, (2020-2030 USD Mn)
13.7.3.5. Rest of MEA Pallet Wraps Market by End-Use, (2020-2030 USD Mn)

 

14. Company Profiles


14.1. Intertape Polymer Group Inc.
14.1.1. Business Description
14.1.2. Financial Health and Budget Allocation
14.1.3. Product Positions/Portfolio
14.1.4. Recent Development
14.1.5. SWOT Analysis
14.2. Berry Global Inc.
14.2.1. Business Description
14.2.2. Financial Health and Budget Allocation
14.2.3. Product Positions/Portfolio
14.2.4. Recent Development
14.2.5. SWOT Analysis
14.3. Scientex Berhad
14.3.1. Business Description
14.3.2. Financial Health and Budget Allocation
14.3.3. Product Positions/Portfolio
14.3.4. Recent Development
14.3.5. SWOT Analysis
14.4. Aep Industries Inc.
14.4.1. Business Description
14.4.2. Financial Health and Budget Allocation
14.4.3. Product Positions/Portfolio
14.4.4. Recent Development
14.4.5. SWOT Analysis
14.5. Sigma Stretch Film Corp.
14.5.1. Business Description
14.5.2. Financial Health and Budget Allocation
14.5.3. Product Positions/Portfolio
14.5.4. Recent Development
14.5.5. SWOT Analysis
14.6. Coveris
14.6.1. Business Description
14.6.2. Financial Health and Budget Allocation
14.6.3. Product Positions/Portfolio
14.6.4. Recent Development
14.6.5. SWOT Analysis
14.7. Rosenflex (United Kingdom) Limited
14.7.1. Business Description
14.7.2. Financial Health and Budget Allocation
14.7.3. Product Positions/Portfolio
14.7.4. Recent Development
14.7.5. SWOT Analysis
14.8. Polifilm GmbH
14.8.1. Business Description
14.8.2. Financial Health and Budget Allocation
14.8.3. Product Positions/Portfolio
14.8.4. Recent Development
14.8.5. SWOT Analysis
14.9. Anchor Packaging Inc.
14.9.1. Business Description
14.9.2. Financial Health and Budget Allocation
14.9.3. Product Positions/Portfolio
14.9.4. Recent Development
14.9.5. SWOT Analysis
14.10. Paragon Films Inc.
14.10.1. Business Description
14.10.2. Financial Health and Budget Allocation
14.10.3. Product Positions/Portfolio
14.10.4. Recent Development
14.10.5. SWOT Analysis
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