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Plastic Pallets Market Outlook On The Basis Of Material, Type, End-Use, Region And Forecast From 2022 to 2030: Grand View Research Inc.
Plastic Pallets Market Outlook On The Basis Of Material, Type, End-Use, Region And Forecast From 2022 to 2030: Grand View Research Inc.
San Francisco, 13 Jan 2023: The Report Plastic Pallets Market Size, Share & Trends Analysis Report By Material (High-density Polyethylene, Low-density Polyethylene), By Type (Nestable, Rackable, Stackable), By End-use, By Region, And Segment Forecasts, 2022 – 2030 The global plastic pallets market size is expected to reach USD 9.72 billion by 2030, according to a new report by Grand View…
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#Plastic Pallets Industry#Plastic Pallets Market#Plastic Pallets Market 2030#Plastic Pallets Market Revenue#Plastic Pallets Market Share#Plastic Pallets Market Size
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What is strapping material and types of strapping material?
Strapping is securing and bundling packages and loads for storage and shipment. Different types of strapping materials are used to secure these cartons and other items. Various types of strapping materials are available in the market for different strapping and packaging needs. The strapping materials are made using different polymers, steel, and composite materials according to the need and demand. One should connect with the PET or PP Strap manufacturers in India according to their needs.
You will find strapping materials of various lengths, widths, and thicknesses to cater to different applications. The flexibility and tensile strength of the strapping materials also vary. All these qualities of strapping materials help in securely bundling several types of loads. Before buying the strapping materials from PP or PET Strap manufacturers in India, ask them about these qualities. Some of the most common applications of strapping materials are securing building or construction materials, securing products during shipping and transportation, securing finished goods for storage and supply, securing items at warehouses, and a few others.
Now that you know what strapping materials are and where they can be used, let’s know their types. After knowing the types of strapping material, you can choose the right strapping material for several applications. It will help you know which strapping material is used for which purpose, so let’s discover them.
Types of Strapping Materials
This blog shares the most common types of strapping materials used for multiple applications. They are:
Polypropylene Strap or PP Strap
Polyester Strap or PET Strap
Steel Strap
These three strapping materials are available with most PP strap manufacturers in India.
Polypropylene Strapping (PP Strap)
PP Strap is one of the most widely used straps for various applications. For applications that require light or medium strapping strength, polypropylene strapping is best for them. It is available in varied thicknesses, tensile strengths, widths, and colours. PP Straps are light in weight, making them suitable for bundling and sealing loads that are light in weight. They have several properties, like corrosion resistance, no deformation, and breaking strength. These qualities of PP Straps make them the perfect strapping material for holding products and items for a long time. Polypropylene Strapping material is mainly used in several applications like postal service, bailing hay, flooring, millwork, merchandise foods, and packing of frozen foods & meats.
Polyester Strapping (PET Strap)
PET Strap is the most common and highly durable strapping material among the multiple strapping materials. It is considered the best alternative to steel strapping because it is one of the strongest strapping materials with high tension. It is used to handle medium or heavy loads due to its several properties. It comes with several properties, like being resistant to UV rays, resistant to shocks, resistant to high temperatures, lightweight, and excellent stretch recovery.
Most PET straps are available in green colour as they are made using plastic bottles. But they are available in other colours too. You can ask the PET Strap manufacturers in India if they offer customized straps or not to get the desired colour. Most often, the PET straps are made using recycled materials only. Industries also use Polyester strapping because of their impact absorbing quality during the shipment. Some uses of polyester strapping material are in stabilizing heavy loads, palletizing heavy loads, and handling metals, bricks, tiles, pallets of bottles, and cans.
Steel Strap
It is one of those strapping materials used for a long time. We currently have several alternatives to steel strapping available in the market. Steel straps are mainly used for heavy loads or loads that require less stretching but high strength. Due to the zero stretchability, steel straps offer high tension, which is suitable for heavy materials. Like the above two strapping materials, steel straps are also available in different sizes, thicknesses, and widths. They come with different finishes like zinc-coated, glued, galvanized, and painted. Steel strapping is mainly used for several heavy-duty applications, like bundling metals, construction materials, securing metal containers, steel coins, railroad shipping, and packaging other heavy industrial equipment.
All these three strapping materials are widely used for packaging or bundling loads and items. If you need any of these strapping materials, go for OM Pack Strap. Being one of the best PET strap manufacturers in India, they offer heavy-duty, reliable pack straps at reasonable prices for several applications.
#PP Transparent Box Strapping#White Strap Roll#PP Strap Manufacturers in India#PET Strap Manufacturers in India#PP Box Strap Virgin
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Post-consumer Recycled Plastics Industry Revenue, Opportunity, Forecast Report 2030
The global market for post-consumer recycled (PCR) plastics was valued at approximately USD 10.66 billion in 2023, and it is projected to grow at a compound annual growth rate (CAGR) of 10.7% from 2024 to 2030. This market expansion is primarily driven by increasing sustainability initiatives from food & beverage and packaging companies, which are actively incorporating recycled plastic materials to reduce their environmental footprint. Additionally, the shift towards a circular economy where resources are reused and recycled rather than discarded is boosting the demand for PCR plastics across industries like packaging, textiles, and construction. Advanced recycling technologies that allow for high-quality recycled plastic production have further accelerated market growth.
For instance, in October 2023, Repsol S.A. collaborated with Signode Industrial Group LLC to launch a durable polypropylene (PP) strap containing 30% recycled content, designed for high-strength applications. Such innovations underscore the growing demand for PCR plastics across diverse sectors, including building & construction, packaging, electronics, textiles, and automotive, where PCR plastics are increasingly used as eco-friendly alternatives to conventional virgin plastics. The demand for PCR plastics is particularly high in construction activities within regions like China, India, the U.S., and Saudi Arabia, where various development projects, including residential and commercial buildings, affordable housing, and healthcare infrastructure, are on the rise.
Gather more insights about the market drivers, restrains and growth of the Post-consumer Recycled Plastics Market
One of the primary challenges for the PCR plastics market lies in managing waste and advancing plastic recycling technologies. High-income countries often export plastic waste to lower-income nations due to environmental and economic reasons, creating complex waste management issues. However, increasing governmental regulations targeting plastic waste reduction and disposal are positively impacting market growth. Many countries have banned single-use plastics, while others have introduced extended producer responsibility (EPR) programs, which require manufacturers to manage the end-of-life disposal of their products.
The stringent regulations governing the plastics industry encourage companies to invest in recycling technology advancements and quality control measures to ensure that the recycled materials meet safety and sustainability standards. By adhering to these regulatory frameworks, companies can not only reduce their environmental impact but also enhance customer trust and support sustainable innovation.
Source Segmentation Insights:
In terms of source material, the plastic bottles segment led the market in 2023, capturing a substantial revenue share. Plastic bottles are among the most common sources of PCR plastics, as they are widely used in packaging for beverages, cleaning products, cosmetics, and other goods. Due to the large volume of discarded plastic bottles, they serve as a readily available raw material for recycling processes. Additionally, heightened awareness about sustainability and the need to reduce plastic waste is expected to drive further growth in this segment.
Government regulations promoting plastic recycling worldwide also contribute to the adoption of plastic bottle recycling, thereby increasing PCR plastic production from this source. As a result, the demand for recycling plastic bottles is likely to remain strong.
The non-bottle rigid plastics segment is anticipated to grow at a CAGR of 10.4% during the forecast period. This category includes durable and non-durable plastic items such as pallets, crates, carts, 5-gallon buckets, electronic housings, dairy and deli containers, lids, yogurt cups, jars, and other similar food packaging. The diversity and wide use of non-bottle rigid plastics in various industries make them a valuable source for recycling, further supporting the growth of the PCR plastics market.
Order a free sample PDF of the Post-consumer Recycled Plastics Market Intelligence Study, published by Grand View Research.
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Post-consumer Recycled Plastics Market 2030 Size, Share, Business Growth, Demand and Applications
The global market for post-consumer recycled (PCR) plastics was valued at approximately USD 10.66 billion in 2023, and it is projected to grow at a compound annual growth rate (CAGR) of 10.7% from 2024 to 2030. This market expansion is primarily driven by increasing sustainability initiatives from food & beverage and packaging companies, which are actively incorporating recycled plastic materials to reduce their environmental footprint. Additionally, the shift towards a circular economy where resources are reused and recycled rather than discarded is boosting the demand for PCR plastics across industries like packaging, textiles, and construction. Advanced recycling technologies that allow for high-quality recycled plastic production have further accelerated market growth.
For instance, in October 2023, Repsol S.A. collaborated with Signode Industrial Group LLC to launch a durable polypropylene (PP) strap containing 30% recycled content, designed for high-strength applications. Such innovations underscore the growing demand for PCR plastics across diverse sectors, including building & construction, packaging, electronics, textiles, and automotive, where PCR plastics are increasingly used as eco-friendly alternatives to conventional virgin plastics. The demand for PCR plastics is particularly high in construction activities within regions like China, India, the U.S., and Saudi Arabia, where various development projects, including residential and commercial buildings, affordable housing, and healthcare infrastructure, are on the rise.
Gather more insights about the market drivers, restrains and growth of the Post-consumer Recycled Plastics Market
One of the primary challenges for the PCR plastics market lies in managing waste and advancing plastic recycling technologies. High-income countries often export plastic waste to lower-income nations due to environmental and economic reasons, creating complex waste management issues. However, increasing governmental regulations targeting plastic waste reduction and disposal are positively impacting market growth. Many countries have banned single-use plastics, while others have introduced extended producer responsibility (EPR) programs, which require manufacturers to manage the end-of-life disposal of their products.
The stringent regulations governing the plastics industry encourage companies to invest in recycling technology advancements and quality control measures to ensure that the recycled materials meet safety and sustainability standards. By adhering to these regulatory frameworks, companies can not only reduce their environmental impact but also enhance customer trust and support sustainable innovation.
Source Segmentation Insights:
In terms of source material, the plastic bottles segment led the market in 2023, capturing a substantial revenue share. Plastic bottles are among the most common sources of PCR plastics, as they are widely used in packaging for beverages, cleaning products, cosmetics, and other goods. Due to the large volume of discarded plastic bottles, they serve as a readily available raw material for recycling processes. Additionally, heightened awareness about sustainability and the need to reduce plastic waste is expected to drive further growth in this segment.
Government regulations promoting plastic recycling worldwide also contribute to the adoption of plastic bottle recycling, thereby increasing PCR plastic production from this source. As a result, the demand for recycling plastic bottles is likely to remain strong.
The non-bottle rigid plastics segment is anticipated to grow at a CAGR of 10.4% during the forecast period. This category includes durable and non-durable plastic items such as pallets, crates, carts, 5-gallon buckets, electronic housings, dairy and deli containers, lids, yogurt cups, jars, and other similar food packaging. The diversity and wide use of non-bottle rigid plastics in various industries make them a valuable source for recycling, further supporting the growth of the PCR plastics market.
Order a free sample PDF of the Post-consumer Recycled Plastics Market Intelligence Study, published by Grand View Research.
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Automotive Parts Packaging Market Size, Share, Trends, Growth Opportunities and Competitive Outlook
"Global Automotive Parts Packaging Market – Industry Trends and Forecast to 2028
Global Automotive Parts Packaging Market, By Product Type (Bags and Pouches, Corrugated Boxes, Crates, Folding Carton, Pallets, Reusable Containers and Cases, Trays and Protective Packaging), Packaging Type (Reusable, Disposable), Component (Electrical Components, Automotive Filter, Battery, Cooling System, Engine Components, Lighting Component and Underbody Component), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Access Full 350 Pages PDF Report @
**Segments**
- Packaging Type: The Automotive Parts Packaging market can be segmented based on packaging type, including folding cartons, plastic containers, bubble bags, corrugated boxes, and others. Different automotive parts require specific packaging types to ensure safe transportation and storage.
- Material: Segmentation based on material includes options such as paper & paperboard, plastic, metal, and others. Each material type offers specific properties that cater to the diverse packaging requirements of different automotive parts.
- Vehicle Type: Another crucial segmentation factor is the vehicle type, which categorizes packaging solutions based on applications in passenger vehicles, commercial vehicles, and others. Each vehicle type has distinct packaging needs that influence the market's dynamics.
**Market Players**
- DS Smith - Mondi - Sonoco Products Company - Schur Flexibles Group - Deufol SE - Goodpack Limited - Nefab Group
The global Automotive Parts Packaging market is witnessing significant growth fueled by the increasing demand for efficient packaging solutions in the automotive industry. With a focus on ensuring the safe and secure transportation of automotive parts, the market is segmented based on packaging type, materials, and vehicle types. Packaging types such as folding cartons, plastic containers, bubble bags, and corrugated boxes cater to different automotive part requirements. Material segmentation includes paper & paperboard, plastic, metal, and others, offering diverse properties to meet specific packaging needs. Vehicle types such as passenger vehicles and commercial vehicles further influence the packaging market dynamics by necessitating tailored packaging solutions.
Key market players driving the Automotive Parts Packaging market forward include DS Smith, Mondi, Sonoco Products Company, Schur Flexibles Group, Deufol SE, Goodpack Limited, and Nefab Group. These companies offer a range of packaging solutions tailored to the automotive industry's unique requirements, contributing to the market's overall growth and innovation. With a focus on sustainability, durability, and cost-effectiveness, these market players play a crucial role inThe global Automotive Parts Packaging market is experiencing substantial growth driven by the rising need for efficient packaging solutions in the automotive sector. The market segmentation based on packaging type allows for customized solutions to meet the unique requirements of various automotive parts. Folding cartons, plastic containers, bubble bags, and corrugated boxes are utilized based on the specific transportation and storage needs of different automotive components. The segmentation by material further enhances the market's flexibility, with options such as paper & paperboard, plastic, metal, and others providing distinct properties to cater to diverse packaging demands. This versatility ensures that automotive parts are adequately protected during transit and storage, contributing to the overall efficiency of the supply chain within the automotive industry.
The segmentation based on vehicle type is another crucial aspect shaping the Automotive Parts Packaging market. By categorizing packaging solutions according to their applications in passenger vehicles, commercial vehicles, and other vehicle types, manufacturers can tailor their offerings to suit the specific requirements of each segment. Passenger vehicles may require packaging solutions that focus on aesthetics and branding, while commercial vehicles may prioritize durability and stackability. Understanding these distinctions allows market players to develop targeted packaging solutions that effectively address the needs of different vehicle types, thereby driving market growth and innovation.
Key market players such as DS Smith, Mondi, Sonoco Products Company, Schur Flexibles Group, Deufol SE, Goodpack Limited, and Nefab Group are instrumental in advancing the Automotive Parts Packaging market. These companies bring a wealth of experience and expertise to the table, offering a wide range of packaging solutions designed to meet the automotive industry's stringent requirements. By focusing on sustainability, durability, and cost-effectiveness, these market players are driving innovation and setting new benchmarks in the automotive packaging sector. Their commitment to delivering high-quality solutions that provide both protection and efficiency further solidifies their position as market leaders, influencing trends and shaping the future of automotive parts packaging.
In conclusion, the Automotive Parts Packaging market is poised for continued growth, driven by the increasing demand for tailored**Segments**
- **Packaging Type**: The Automotive Parts Packaging market's segmentation based on packaging type plays a crucial role in meeting the diverse needs of the automotive industry. By offering options such as folding cartons, plastic containers, bubble bags, and corrugated boxes, the market can cater to specific transportation and storage requirements of various automotive parts.
- **Material**: The segmentation based on material type further enhances the market's flexibility and adaptability to different packaging needs. With options such as paper & paperboard, plastic, metal, and others, the market can provide tailored solutions that offer specific properties to ensure the safe and secure packaging of automotive components.
- **Vehicle Type**: Categorizing packaging solutions based on vehicle type, including passenger vehicles, commercial vehicles, and others, allows for the customization of packaging materials to meet the unique requirements of each segment. This segmentation ensures that packaging solutions align with the varied needs of different vehicle types, influencing market dynamics and driving innovation.
Global Automotive Parts Packaging Market, By Product Type (Bags and Pouches, Corrugated Boxes, Crates, Folding Carton, Pallets, Reusable Containers and Cases, Trays and Protective Packaging), Packaging Type (Reusable, Disposable), Component (Electrical Components, Automotive Filter, Battery, Cooling System, Engine Components, Lighting Component and Underbody Component), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium,
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Core Objective of Automotive Parts Packaging Market:
Every firm in the Automotive Parts Packaging Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
Size of the Automotive Parts Packaging Market and growth rate factors.
Important changes in the future Automotive Parts Packaging Market.
Top worldwide competitors of the Market.
Scope and product outlook of Automotive Parts Packaging Market.
Developing regions with potential growth in the future.
Tough Challenges and risk faced in Market.
Global Automotive Parts Packaging top manufacturers profile and sales statistics.
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Exploring Emerging Trends in Shrink Films Procurement Intelligence
The shrink films category is anticipated to grow at a CAGR of 6% from 2023 to 2030. Three primary types of films are used in shrink wrapping or packaging: polyvinyl chloride (PVC), polyolefin (POF), and polyethylene (PE). Shrink films can be converted into bags, flattened roll stock, overwrap, tubing, and banding. Shrink films can also be segregated into centerfold and single-wound films. These are mainly made from POFs and PE. PVC shrink films are extensively used for non-food goods such as CD and DVD packaging, game and software boxes, and other packaging. This is because PVC is banned in many countries due to its chemical composition and the hazardous by products that are generated during its synthesis and decay. Hence, companies such as Walmart take extra precautions and ensure the highest standards for use and disposal when certain manufacturers use this chemical in their packaging.
In the plastics packaging industry, the key trend is the increasing focus on sustainability. Considering the increasing momentum of the anti-plastic movement, there are significant concerns about the usage of shrink wrap/films in the packaging industry. However, most of the films are produced using LDPE, the production of which does not emit polluting agents and is recyclable in most cases. As a result, companies are increasingly trying to implement environmental-friendly plastics or recycled content while manufacturing films or wraps. One such instance is the use of green polyolefin film, which can help companies achieve more than 25% in annual savings.
Strong robust demand from the F&B, electronics, pharmaceutical, and cosmetics sectors has contributed to the increasing requirement for shrink films. By consumption, the F&B sector accounts for the largest share, between 45 - 55% of the total. The rise in canned, packaged, and frozen food and the growing concerns about products during transit has led to the further expansion of shrink-wrap/film packaging. In addition, rising awareness among consumers about packaging is also positively impacting the industry. For instance, in 2022, it was found that 74% of customers are prepared to pay extra money for packaging that is fully recyclable or sustainable.
According to industry experts, as of April 2023, the PPWR proposal particularly in the European region could have a tremendous negative impact on the shrink films/wrap market. The proposed regulation intends to eliminate or drastically cut down on the usage of pallet wraps, shrink wraps, and stretch films made of polyethylene for transit packing. This poses a risk to all European Union producers and users of these wrapping products.
Order your copy of the Shrink Films Procurement Intelligence Report, 2023 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
The global shrink films category is fragmented. Regionally, plastics, polymers, and in turn, the shrink films industry is highly fragmented. As a result, the bargaining power for most of the suppliers is moderate to low. Large corporations having long-term agreements with their approved vendors may have higher negotiation power. Most of the manufacturers prefer using POFs due to their excellent durability and versatility properties. It is made of 100% recyclable material, which further helps companies contribute to sustainability. POFs have replaced PVC in many applications, and it also has received FDA certification for food packaging applications. In July 2023, Amcor announced the introduction of a new sustainable production line in its Swansea, U.K. “Flexibles” facility. The line is mainly for shrink films and bags for cheese and meat items. It is produced using thinner material with a formulation that is devoid of PVDC and has a high barrier.
Some of the key cost components associated with the category include raw materials, energy and equipment, labor, facilities and storage, transportation, and others. Other costs can include marketing, repairs, utilities and administrative expenses, tax, etc. The key raw materials for films include POF, PE, or PVC. POFs fall under the thermoplastics family and hence can utilize multiple raw materials such as ethylene, and propylene. These are again obtained from oil and natural gas. As a result, fluctuations in the prices of the raw material can have a significant impact on the cost of shrink film. For instance, price increases in the resin markets at the end of 2021 caused shrink wraps and film prices to increase by 8 - 12%. In the European region, the majority of polymers followed the increases in monomer prices, and polyolefin prices continued to grow in October 2023. Propylene C3 increased by EUR 60/ MT, while ethylene C2 increased by EUR 65 / MT.
The total cost is also impacted by certain variables such as the width and thickness of the film, package height, type of material used, etc. In addition to the unique formulations of the films, there is an increased cost when companies want printed designs. Printed shrink wraps/films are considered a premium option with branding, typography, logo, and graphic dynamics. It is more expensive than transparent or clear films. For instance, clear centerfold shrink films can cost on average between USD 100 - 250. Prices can vary based on roll orders. The cost of a printed pallet wrap order can easily range between USD 5,500 - 6,000, assuming the minimum order is 40 rolls (for machine pallet wrap).
According to Volza's October 2023 estimates, the top exporters of shrink films are China, India, and Vietnam, accounting for 38,769 shipments, 18,349 shipments, and 18,043 shipments respectively. The majority of the world's shrink films are exported to Vietnam, India, and the U.S. APAC dominated the shrink wraps and films category as it held 43% of the share in 2022. Most of the companies procure raw materials from China owing to its huge network of plastics and polymers supplier base coupled with manufacturing capacity. Under sourcing, most of the packaging companies such as Amcor, Mitsubishi Chemical Corporation, and Berry Global have their complete in-house plastics or dedicated flexibles manufacturing plants. Such corporations may have procured raw materials from their approved suppliers, however, film manufacturing from start to finish is done by the in-house team.
Shrink Films Procurement Intelligence Report Scope
• Shrink Films Category Growth Rate: CAGR of 6% from 2023 to 2030
• Pricing Growth Outlook: 10% - 15% (Annually)
• Pricing Models: Volume-based, contract-based pricing model
• Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence
• Supplier Selection Criteria: Material type (PVC, PE, or POF), application (food, bottles, sensitive products), features (tamper resistant, moisture and oxygen barrier), certifications, operational and functional capabilities, technology used, and others
• Report Coverage: Revenue forecast, supplier ranking, supplier positioning matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model
Browse through Grand View Research’s collection of procurement intelligence studies:
• Polyethylene (PE) Film Procurement Intelligence Report, 2024 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
• Conveyor Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Key Companies Profiled
• Amcor Plc
• Berry Global Inc.
• Bolloré Group
• Sealed Air Corporation (SEE)
• The Dow Chemical Company
• Bonset America Corporation
• Allen Plastic Industries Co., Ltd
• Barbier Group
• Mitsubishi Chemical Corporation
• American Eagle Packaging
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
• Market Intelligence involving – market size and forecast, growth factors, and driving trends
• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
#Shrink Films Procurement Intelligence#Shrink Films Procurement#Shrink Films Market#Shrink Films Industry
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Carbon Credits Market Size, Share, Volume, Trends, Demand, Growth and Forecast Report 2024-2032
Carbon Credits Market provides in-depth analysis of the market state of Carbon Credits manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Carbon Credits in these regions till the forecast period
North America
Middle East and Africa
Asia-Pacific
South America
Europe
Key Attentions of Carbon Credits Market Report:
The report offers a comprehensive and broad perspective on the global Carbon Credits Market.
The market statistics represented in different Carbon Credits segments offers complete industry picture.
Market growth drivers, challenges affecting the development of Carbon Credits are analyzed in detail.
The report will help in the analysis of major competitive market scenario, market dynamics of Carbon Credits.
Major stakeholders, key companies Carbon Credits, investment feasibility and new market entrants study is offered.
Development scope of Carbon Credits in each market segment is covered in this report. The macro and micro-economic factors affecting the Carbon Credits Market
Advancement is elaborated in this report. The upstream and downstream components of Carbon Credits and a comprehensive value chain are explained.
Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/carbon-credits-market-100582
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Artificial Intelligence (AI) in Collaborative Robotic (Cobots) Systems Market - Forecast(2024 - 2030)
AI in Cobots Market Overview
The global AI in cobots market in 2021 reached $118.2 million and is estimated to grow at a CAGR of 34.22% during the forecast period to reach $616.3 million by 2027. The entire robotics industry is witnessing the effects of Covid-19 pandemic, with strain felt on the supply chain restricting parts of imports and equipment exports in H1 2021 especially. The overall economic uncertainty also pushed majority of customers to defer purchases in order to conserve capital. Recent advancements in Machine Learning and human robot interaction have enabled collaborative robots to precisely execute tasks in dynamically changing workspaces, enabling operations and material handling to run more smoothly, efficiently and productively. AI is now intelligently powering cobots by leveraging billions of hours of iterative machine learned practices in manufacturing, production and engineering. Collaborative robots (cobots) represent a variant of industrial robots and is currently considered to be one of the fastest growing segments in industrial automation driven by improved technology such as virtual assistants, cloud computing, internet of things. A cobot is a type of robot that is designed to operate alongside humans in shared workspaces. These machines are easy to program and deploy, can increase productivity manifold, and offer high returns on investment.
Report Coverage
The report: “AI in Cobots Market – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the AI in Cobots market
By Payload: Up to 5 Kg, 5 to 10 Kg, Above 10 Kg. By Application: Handling, Assembling/Disassembling, Welding and Soldering, Dispensing, Packaging and Others. By End User: Automotive, Electronics, Semiconductor, Plastics and Polymer, Food and Beverage, Healthcare, Metals and Machining and others. By Geography: North America (U.S, Canada, Mexico), South America (Brazil, Argentina and others), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan India, SK, Aus and Others), and RoW (Middle east and Africa).
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Key Takeaways
Group PSA’s Sochaux plant in France has chosen Universal Robots UR10 for its "Plant of the Future" Project. Two UR10 cobots have been implemented at the Sochaux plant in screw driving applications on body-in-white assembly lines to increase performance and reduce production costs at the factory.
In 2019, Walmart has planned to invest $2.7 billion to add new robots totaling almost 4,000 robots in its stores and facilities in order to shift human workforce to customer service roles. The robots are majorly used for scanning, sorting goods from delivery trucks. This is set to create opportunities for AI in cobots in retail sector.
AI in Cobots Market Segment Analysis – By Application
Material Handling had a major share in the AI in Cobots Market with a value share of approximately 22.3% in 2021. Material handling is one of the major applications of industrial robots. Robots in material handling segment are used in applications such as movement of goods, protection, storage and control of products throughout manufacturing as well as warehousing of the products. Any industries that need to store, receive, dispatch or ship its products always entail industrial robot. Manufacturing and Warehouse operations involving handling of goods becomes complex when it takes place at a larger scale. This is made easy and efficient with the aid of industrial robots. Material handling robots are majorly used in warehousing applications as compared to its counterpart. Material handling applications that benefit from the incorporation of AI cobots encompass picking, packing, palletizing, sorting, and more. The wide-ranging use of these applications makes them a more site-specific solution for safety implementation. Operators and other workers are often moving or transporting other materials around the AI cobot, requiring additional planning to avoid hazardous contact. Safety-rated grippers are rare in the market at the present time. Currently, manufacturers typically use pneumatic grippers, which require safety considerations for impacts and the loss of power or suction. Uses of bar code, RFID, voice-activated receiving and packaging, pick-to-light technology, transportation management system is some of the drifts observed by material handling robots. Cycle counting, annual, physical and perpetual are few approaches of keeping a track of inventory.
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AI in Cobots Market Segment Analysis – By End User
Among industries, automotive held the largest share in 2021 at 23.2%. The industry development of AI cobots is ongoing in several different areas. Faster reaction time, more exact movement patterns, orientation capabilities, capabilities in imitating humans – all these aspects contribute to advancements in AI driven cobot development. In addition, brain-computer interfaces is an exciting area that has made significant progress recently. In recent developments in technologies such as linked data, parallel processing, edge computing and distributed artificial intelligence allow for efficient decision making by cobots, making execution robust and efficient. A challenge with the market deployment of AI cobots is that insufficient technology maturity hinders the market deployment of cobots. AI Cobot technology includes hardware design, sensors and actuators, efficient information processing, video processing, planning and multiple of fields from artificial intelligence landscapes, along with technologies that ensure safety, predictability and security of the solution. There is currently a need for high amount of signaling, bandwidth, low latency, and fast decision-making capabilities through efficient computing for AI driven cobots in safety-critical environments, wherein the facilities do not need human intervention. While the automation industry was affected during the pandemic, the longterm outlook for automation is positive, as end users evaluate their reliance on overseas supply chains and reevaluate their operations in a world where a pandemic can stop production cold. Automation is hence being looked upon as a valuable bulwark against the risks laid bare during the pandemic, and this can act as a strong growth driver for AI driven cobots and robots in industrial automation end user verticals.
AI in Cobots Market Segment Analysis – By Geography
Geographically, APAC held major share of 37% of AI in cobots market share in 2021, owing to high adoption of automation technologies in industrial and automotive warehouses and increasing investments and funding. North America is the next largest market with 33% revenue share in 2021. South America is witnessing the fastest growth rate with a CAGR of around 46.6% during the forecast period 2022 – 2027 owing to high investments and growing deployment of automation technology mainly in the countries such as Brazil, Argentina and Colombia. Portuguese company MOV.AI has announced in October, 2020 that it has raised $4m in funding. The company has designed its ROS for manufacturers of cobots, as well as academics and automation integrators. It also contributes to the ROS community. Some of the robots with AI enabled are YuMi from ABB, Franka Emika Panda, APAS from Bosch, Aura, Aubo, NEXTAGE and CORO etc.
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AI in Cobots Market Drivers
Growing demand for automation and technological advancements set to drive the AI In Collaborative Robotics Market
There has been significant growth in AI driven collaborative robotics market owing to the increased demand for automation, high competition in the e-commerce industry, and the advancement in technologies such as Internet of Things (IoT) and Artificial Intelligence (AI). The use of robots reduces the risk of injury to workforce has also witnessed growth. Integration of robots with artificial intelligence (AI) and machine vision technology has been assisting companies in obstacle detection, navigation, movement of the goods. This has been attracting vendors in automating the warehouses and installing the robots in warehouse, thereby driving the collaborative robotics market. In 2019, Geek Plus Robotics, an intelligent logistics robot solution provider had launched the world’s first interweaving sorting robot, which could be an alternative to conveyor systems. Mobile Industrial Robots (MiR), a leading manufacturer of collaborative mobile robots launched a new warehouse robot to automate the transportation of pallets and heavy goods across warehouses. Development of new robots for various applications of warehouses set to boost the demand of collaborative robotics market.
Growth in E-Commerce Sector
E-Commerce industry is rising at global level of retail and logistics. As a result, growing number of e-commerce companies look forward to automate warehouses. Warehouse robots play a key role in e-commerce industry for various applications such as automated storage and retrieval, picking and placing, order fulfillment operations and many others. Adoption of warehouse cobots by e-commerce companies helps in reducing operational and logistical costs and save on delivery time. This has been increasing automation in warehouses in order to deliver goods to shoppers in faster and more efficient ways by increasing productivity of supply chain. In developed countries such as the U.S., and Canada, Grocery retailers are focusing on deploying robots that bring the shelf stacks to human workers, who pick out the right products and package them up to be sent out. These robots travel with high speed, faster than humans, thereby increasing efficiency of the work. In 2019, Amazon had introduced new warehouse cobots in several of its U.S. warehouses that scan and pack items to be sent to customers. It has started using robots in warehouses, which scans goods coming down a conveyor belt raising the scope of adoption. In 2020 Covariant.ai launched its AI robots and solutions through its warehouse bin-picking robots which is being used by companies such as Knapp, a warehouse logistics company and Obeta, a German electronics retailer. As per estimates, around 2,000 AI powered robots have been deployed across warehouses globally.
AI in Cobots Market Challenges
High Initial Investment
The initial cost of AI driven collaborative robots that are used in factories are high as the cost of automation is much higher in comparison with labor costs. This prevents most companies from completely automating their operations with robots. The average selling prices of cobots vary from $25,000 to $50,000 and does not include the installation costs. In addition to this, there is a training cost associated with the robots that further restricts the operators’ likeability for integrating robots into their operating lines. Slow deployment of collaborative robotic systems by smaller and medium enterprises hampers the robotics market. However, high labor costs are set to drive the collaborative robot market during forecast period.
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AI in Cobots Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the AI in Cobots market. In 2021, the market of AI in Cobots market has been consolidated by the top players
Fanuc
Techman Robots
Rethink Robots
AUBA Robots
ABB
Kawasaki
KUKA
Yaskawa
Staubli
Universal Robots
Recent Developments
In May 2019, the government of Saudi Arabia announced an investment of $30 billion to upgrade warehousing facilities by adoption of the advanced autonomous robots in the newly built warehouses across Saudi Arabia, thereby contributing towards the growth of the cobots market during forecast period in this region.
In October 2019, the South Korean government announced an investment $150 million to develop the intelligent robots for various industrial application which includes warehousing and logistics, thereby enhancing the growth of the cobots market.
#Artificial Intelligence (AI) in Collaborative Robotic (Cobots) Systems Market#Artificial Intelligence (AI) in Collaborative Robotic (Cobots) Systems Market size#Artificial Intelligence (AI) in Collaborative Robotic (Cobots) Systems Industry#Artificial Intelligence (AI) in Collaborative Robotic (Cobots) Systems Market share#Artificial Intelligence (AI) in Collaborative Robotic (Cobots) Systems top 10 companies#Artificial Intelligence (AI) in Collaborative Robotic (Cobots) Systems Market Report#Artificial Intelligence (AI) in Collaborative Robotic (Cobots) Systems Industry outlook
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How to chose the stretch film for YUPACK pallet wrapper
Stretch film is the film used in pallet wrapper. This plastic film, with unique stretching and adhesive properties, can be very good for packaging items. However, for the first time contact with the winding film, how to identify its advantages and disadvantages, and buy the right product is a difficult problem. Today, YUPACK will share with you some tips on how to choose and buy stretch film.
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Returnable Packaging Market Share 2024 Trends, Growth, and Forecast by 2031
Returnable Packaging Market Scope & Overview
The fundamental purpose of the Returnable Packaging Market research is to help readers better understand the market in terms of definition, segmentation, market potential, noteworthy trends, and the challenges that major regions and emerging countries face. This study will help readers obtain a comprehensive grasp of the market. Statistics and market data have been acquired from trustworthy sources such as websites, annual reports, newspapers, and other publications, and have been reviewed and validated by industry experts.
During the creation of the Returnable Packaging market report, extensive research and analysis were conducted. In the report, facts and data are represented using diagrams, graphs, pie diagrams, and other drawings. This improves the visual representation of the data and helps people grasp it better. The report's goal is to assist players in gaining a competitive advantage and improving their market positioning.
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Market Key Players:
Schoeller Allibert, CHEP, NEFAB GROUP, Celina, RPP Containers, Amatech Inc, UBEECO Packaging Solutions, PPS Midlands Limited, RPR Inc, Tri-pack Packaging Systems Ltd
Market Segmentation
Each market region and country are profiled in the report. Production, use, import and export, sales volume, and income estimates are all identified. The study looks at the bulk of the industry's product types, as well as product specifications for each key player and sales volume and value. The market is further segmented into numerous principal applications of its sector based on the Returnable Packaging market and its applications. For each segment, it provides market size, CAGR, and predictions. The research provides a complete PEST analysis for all five regions: North America, Europe, APAC, MEA, and South America, after examining political, economic, social, and technological elements affecting the Returnable Packaging market in various areas.
By Raw Material
Wood
Metal
Plastic
By Product Type
Crates
IBCs
Dunnage
Pallets
Barrels & Drums
Others
By Application
Food & Beverage
Healthcare
Automotive
Others
Russia-Ukraine War Impact Analysis
The influence of the Russia-Ukraine war on global and domestic markets is also discussed in the Returnable Packaging market study. The report is a valuable source of guidance and information for businesses and consumers interested in the industry. It contains vital information as well as the current state of the markets of the main manufacturers.
Competitive Scenario
The report includes information on production, cost, gross margin, sales volume, sales, consumption, growth rates, imports, exports, supply, future strategies, and technological advancements. Market trends, as well as organic and inorganic growth approaches, are discussed in the study. A number of companies are prioritizing new launches, product approvals, and other organic growth techniques including patents and events. These efforts have cleared the way for market participants to expand their client base and revenue. Market payers are projected to gain from lucrative growth opportunities in the future as the global Returnable Packaging market grows.
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The Essential Role of Food-Grade Plastic Pallets: Ensuring Safety Across Industries
Ever wonder what's up with those reliable platforms that store all our groceries? They may go overlooked, but they are important in preserving the safety and freshness of our food. We at Swift are very dedicated towards food safety, which is why we designed a special kind of pallet specifically for the food and pharmaceutical industry. We'll be sharing with you the inside scoop on these incredible pallets' uses, the reasons they've grown to be a favorite, and some easy maintenance tips in this post.
Where are Food Grade Plastic Pallets Used? Food-safe plastic pallets are essential in industries that focus on maintaining high levels of cleanliness and safety, especially in sectors handling food and pharmaceutical items.
Some of the industries where food grade plastic pallets are used include:
1. Food & Beverage Industry 2. Pharmaceutical Industry 3. Cosmetics Industry 4. Agriculture and Horticulture 5. Retail and Distribution 6. Hospitality Industry 7. Healthcare and Hospitals
Why are Food Grade Plastic Pallets Used in Various Industries?
The use of food grade plastic pallets offers several notable benefits:
1. Hygiene and Food Safety: Food-grade plastic pallets are designed to be non-porous, making them easy to clean and are resistant to pests, moisture, and almost all type bacteria. They prioritize the safety and quality of food products, meeting all the necessary regulations and standards for food safety.
2. Durability and Strength: Plastic pallets are like the strong, reliable guardians of the food industry, built for the roughest handling, stacking, and transportation challenges. They're crafted in such a way that our goods reach their destinations unscathed, thanks to their incredible strength, resilience against impacts, and ability to carry hefty loads.
3. Consistency and Standardization: Food-grade plastic pallets are carefully crafted and tailored to meet exact specifications, ensuring uniformity in weight, shape, and size. This attention to detail streamlines operational processes across the food supply chain, enhancing efficiency in handling, storage, and transportation.
4. Environmental Sustainability: Food grade plastic pallets play an essential role in nurturing environmental sustainability. By embracing recyclability and reusability, They become heroes by fighting waste and promoting conservation of natural resources.
How to Maintain Food Grade Plastic Pallets?
For food grade plastic pallets to last longer and maintain food safety regulations, proper maintenance is necessary. Here are some maintenance tips:
1. Regular Cleaning: Regularly clean food-grade plastic pallets with care, using either a soft brush or a pressure washer, along with water and mild soap. Make sure to remove any dirt, stains, for complete cleanliness.
2. Sanitization: Regularly clean plastic pallets with approved cleaning solutions to remove bacteria, mold, and other health risks. Always follow the manufacturer's instructions and industry standards for cleaning to ensure they are completely clean and safe.
3. Inspection: Take a closer look at plastic pallets, inspect, check and identify any signs of wear and tear like cracks, splits, or warping. If you spot any damage to the pallets, it's crucial to replace those pallets immediately. This ensures food safety and prevents any risk of contamination during handling.
4. Storage:When your plastic pallets aren't busy, give them a cozy spot in a clean, dry area with good airflow. Treat them kindly by shielding them from harsh sunlight, extreme heat, and any potent chemicals to maintain their quality. By not doing so it could damage the pallet.
Conclusion In conclusion, food grade plastic pallets are important to the various industries where food related items are handled, Swift Technoplast has been in the market putting efforts to preserve food safety, effectiveness, and compliance. Businesses could optimise their food handling procedures and maintain the highest standards of quality and hygiene by knowing their uses, advantages, and appropriate maintenance strategies.
#swifttechnoplast#plastic industry#plasticmanufacturer#plasticpallets#plasticproducts#foodgradeplasticpallet
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New Research Report On Industrial Robotics Market is Going to Boom by Size, Share, Scope and Forecast-2030
Industrial Robotics Market is going to reach USD 59.93 billion by 2030 and grow at a CAGR of 11.3% over the forecast period 2023-2030.
The most recent Industrial Robotics study evaluates global and regional market estimates and forecasts for all research segments. This study examines market trends, leading companies, supply chain trends, technological advances, key breakthroughs, and future strategies. Market figures were compiled using a combination of primary and secondary sources. Sales revenue from all of the study's specified segments and sub-segments are used to calculate market size. The market sizing analysis employs both top-down and bottom-up approaches for data validation and accuracy checks.
The study uses historical market data to estimate revenue. Other aspects of the industry, such as the supply chain, downstream buyers, and sourcing strategy, have been investigated in order to provide a complete and in-depth picture of the market. Customers who purchase the Industrial Roboticsmarket report will also be subjected to a market positioning analysis, which will take into account factors like target consumer, brand strategy, and pricing strategy. In addition, the study report computes current and prior market values in order to forecast possible market management over the forecast period.
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Market Segmentation
The Industrial Robotics market segment analysis will assist in determining how each segment will affect market growth in the coming years. In order to determine the market's true potential, the research report also examines all market classifications and sub-segments. In today's global economy, the dynamic nature of the corporate environment is increasing demand for business experts who can keep up with current market conditions.
By Application
Palletizing
Assembling
Welding
Material Handling
Painting
By Types
6-Axis Robots
SCARA
Cartesian
Articulated
Redundant
Delta
Dual-Arm and Parallel
By End-user
Entertainment
Electronics
Automotive
Rubber & Plastic
Food & Beverage
Pharmaceuticals
By Component
Robotic Arms
End Effectors
Drive Units
Robot Accessories
Controllers
Vision Systems
Sensors
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Major Questions Answered in the Report
What are the key trends influencing the Industrial Robotics market's growth?
What are the primary strategies used by leading organizations to control a sizable portion of the global market?
How has the rapidly changing business environment of the market influenced growth?
What are the primary macroeconomic factors driving market growth?
Competitive Outlook
For each of the market's top competitors, the research includes current business profiles, gross margins, selling price, sales income, sales volume, product specs with images, and contact information. In the report's conclusion, a descriptive section highlights the feasibility of new projects that may succeed in the global market in the near future, as well as the overall scope of the global market in terms of investment feasibility in various segments of the Industrial Robotics market.
Top Keyplayers:
ABB, DÜrr, FANUC, YASKAWA, KUKA, Denso Corporation, Mitsubishi Electric, Kawasaki Heavy Industries, Universal Robots A/S, NACHI-FUJIKOSHI, Panasonic Corporation, Rockwell Automation, Inc., Bosch GmbH, Yaskawa Electric Corporation, Toshiba Corporation, Seiko Epson
About US:
SNS Insider is a frontrunner in global market research and consulting. We empower clients with the insights they need to navigate evolving landscapes.
Our team leverages a global network to deliver cutting-edge market data, consumer trends, and actionable insights. Through surveys, focus groups, and video discussions, we provide the information you need to make confident decisions.
We are committed to delivering reliable data across a wide range of industries. Recognized as a global leader, we have the expertise to design and implement tailored research programs, from surveys to focus groups, catering to virtually any sector.
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Robot Operating System Companies - ABB Ltd. (Switzerland) and FANUC (Japan) are the Key Players
The robot operating system market is projected to grow from USD 581 million in 2023 and is projected to reach USD 1,082 million by 2028; it is expected to grow at a CAGR of 13.2% from 2023 to 2028. Rising investment in industry automation is one of the major drivers of the robot operating system market. The trends towards collaborative modular robots, growing demand for the Robotics-as-a-Service (RaaS) model, and the rising adoption of low-cost industrial robots are expected to drive the market during the forecast period further.
Major Robot Operating System companies include:
ABB Ltd. (Switzerland),
FANUC (Japan),
KUKA AG (Germany),
Yaskawa Electric Corporation (Japan),
Denso (Japan),
Microsoft (US),
Omron Corporation (Japan),
Universal Robotics (Denmark),
Clearpath Robots (Canada),
iRobot Corporation (US).
Key strategies adopted by the players in the robot operating system ecosystem to enhance their product portfolios, increase their market share and expand their presence in the market mainly include new product launches and partnerships and acquisitions.
FANUC (Japan)
FANUC operates its business through four divisions—FA (Factory Automation), ROBOT, ROB MACHINE, and Service. The company offers over 100 industrial robots under the ROBOT division, catering to various applications. Although FANUC is known for its traditional industrial robots, it offers collaborative robots with various payloads. The robots contribute to automation in the automotive, electrical & electronics, food & beverages, and pharmaceuticals industries, among others.
ABB (Switzerland) ABB Robotics is a pioneer in robotics, machine automation, and digital services, providing innovative solutions for various industries, from automotive to electronics to logistics. It is a leading supplier of industrial robots and modular manufacturing systems and services. The company’s operations are organized through four business divisions—Electrification, Motion, Process Automation, and Robotics & Discrete Automation. ABB provides industrial robots through its Robotics & Discrete Automation business segment; it has installed more than 300,000 ABB robots worldwide. Robots are used for welding, material handling, painting, picking, packing, and palletizing in automotive, metal fabrication, foundry, plastics, food & beverages, chemicals, pharmaceuticals, consumer electronics, solar, and wood.
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Exploring the Global Net Wrap Market Trends, and Growth Prospects
Introduction: Unveiling the Landscape of the Net Wrap Market
The Global Net Wrap Market is a critical component of modern logistics and packaging, providing secure and efficient pallet unitization solutions across various industries. In this comprehensive exploration, we delve into the dynamics of the Net Wrap Market, uncovering insights, trends, and growth prospects shaping its trajectory.
Market Overview:
The global net wrap market is estimated at USD 5.8 billion in 2023 and is projected to reach USD 7.2 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.1%. This growth is primarily driven by the increasing demand for secure and efficient pallet unitization solutions across industries such as food & beverage, consumer goods, pharmaceuticals, and chemicals. Additionally, the proliferation of e-commerce and automation further fuels demand for net wrap solutions, as businesses seek streamlined logistics operations.
Key Stats:
Plastic Dominance: Plastic net wrap dominates the market, accounting for over 80% of the share, owing to its versatility, durability, and cost-effectiveness. It offers superior load containment and stability compared to alternative materials like stretch film.
Regional Dynamics: Asia Pacific emerges as the largest regional market for net wrap, driven by the rapid industrialization, urbanization, and growth of the agriculture sector in countries like China, India, and Southeast Asia. North America and Europe follow closely behind, with mature markets and steady demand from industries like agriculture and logistics.
Actionable Insights:
Innovative Solutions: To cater to evolving customer needs, companies should focus on developing innovative net wrap solutions with improved strength, sustainability, and recyclability. Investing in research and development can lead to the introduction of eco-friendly materials and advanced manufacturing processes.
Market Expansion: High-growth markets like Southeast Asia and Latin America offer lucrative opportunities for market expansion. By implementing targeted marketing and distribution strategies, companies can penetrate these regions and capitalize on the growing demand for net wrap solutions.
E-commerce and Automation: With the rise of e-commerce and automation in logistics, there is a growing need for specialized net wrap solutions that cater to changing logistics trends. Companies should invest in developing products tailored to the requirements of automated palletizing systems and online retail packaging.
Collaborative Partnerships: Collaboration with pallet manufacturers and logistics providers can enhance customer value by offering integrated solutions that optimize pallet unitization and transportation efficiency. By leveraging synergies across the supply chain, companies can deliver comprehensive packaging solutions that meet customer demands.
Sustainability Initiatives: Addressing environmental concerns surrounding plastic waste requires proactive measures and responsible practices. Collaborating with recycling companies to establish closed-loop systems for net wrap disposal can mitigate environmental impact and enhance the sustainability credentials of products.
Click here – To Know More About Crop Protection Market
Challenges and Opportunities:
Raw Material Price Fluctuations: Fluctuations in raw material prices, particularly plastic resins, pose a challenge to profitability. Companies should adopt strategic procurement practices and explore alternative materials to mitigate the impact of price volatility.
Competition and Innovation: Competition from substitute packaging materials and alternative securing methods necessitates continuous innovation. Companies should focus on product differentiation, quality enhancement, and value-added services to stay ahead in the competitive landscape.
Regulatory Compliance: Stringent environmental regulations on plastic waste require companies to adhere to sustainability standards and responsible disposal practices. By embracing sustainable product development and recycling initiatives, companies can comply with regulations and demonstrate their commitment to environmental stewardship.
Market Growth
The net wrap market is witnessing steady growth, with manufacturers expanding their product portfolios to meet the evolving needs of farmers. The market is expected to witness significant growth in regions with extensive hay and forage production, such as North America and Europe.
Market Outlook and Trends
The net wrap market is expected to witness continued innovation, with manufacturers focusing on developing sustainable and high-performance net wrap solutions. Trends such as the adoption of advanced baling technologies, the introduction of biodegradable net wrap materials, and the expansion of distribution channels are expected to drive market growth.
Conclusion: Seizing Opportunities in the Evolving Net Wrap Market
The net wrap market presents lucrative opportunities for stakeholders across the agricultural value chain. By leveraging technological advancements, addressing sustainability concerns, and adapting to changing consumer preferences, industry players can position themselves for success in a competitive market landscape. With the right strategies and investments, the net wrap market holds immense potential to support sustainable agriculture practices and contribute to global food security.
#Net Wrap Industry#Net Wrap Market#Net Wrap Market Analysis#Net Wrap Market Demand#Net Wrap Market Forecast#Net Wrap Market Growth#Net Wrap Market Outlook#Net Wrap Market Revenue#Net Wrap Market Size#Net Wrap Market Trends#Net Wrap Market Research Reports#Net Wrap Industry Research Reports#Net Wrap Market Key Players#Net Wrap Market Top Players#Net Wrap Market Major Players#Net Wrap Market Opportunities
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Warehouse Robotics Market, Applications and Market– Industry Analysis, Size, Share, Growth and Forecast 2029
The Warehouse Robotics Market is expected to witness market growth at a rate of 15.25% in the forecast period – 2029.
Industry Analysis
Data Bridge Market Research report on warehouse robotics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand in the deployment of robotic systems is escalating the growth of warehouse robotics market. Warehouse robotics is referred to as the deployment of robotics in the warehouse to achieve functions including packaging, pick-place, packaging, transportation and palletizing. The integration of warehouse and robotics technology has helped in guarantying that there is accuracy and automation while growing the warehouse storage space and operation effectiveness.
Major factors that are expected to boost the growth of the warehouse robotics market in the forecast period are the rise in the e-commerce industry and the growing funding from venture capitalists. Furthermore, the rise in the demand for improving quality and reliability of warehouse operations is further anticipated to propel the growth of the warehouse robotics market. Moreover, the increase in the rise in the adoption of warehouse robotics by small and medium-sized enterprises (SMEs) is further estimated to cushion the growth of the warehouse robotics market. On the other hand, the growing set up cost and dearth of skilled workforce to operate robots is further projected to impede the growth of the warehouse robotics market in the timeline period. In addition, the growing of autonomous mobile robots (AMR) will further provide potential opportunities for the growth of the warehouse robotics market in the coming years. However, the concerns related to the cybersecurity might further challenge the growth of the warehouse robotics market in the near future.
Global Warehouse Robotics Market Scope and Market Size
The warehouse robotics market is segmented on the basis of product, function, payload capacity, and industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of product, the warehouse robotics market has been segmented into
fixed robots,
cylindrical robots,
mobile robots,
gantry robots
Stationery articulated robots.
On the basis of function, the warehouse robotics market has been segmented into
picking and placing,
palletizing and de-palletizing,
transportation,
Sorting and packaging.
On the basis of payload capacity, the warehouse robotics market has been segmented into
less than 20kg,
20–100 kg,
100–200 kg,
more than 200 kg.
On the basis of industry, the warehouse robotics market has been segmented into
E-commerce,
automotive,
electrical and electronics,
metal and machinery,
chemical,
rubber,
plastics,
food and beverage,
pharmaceutical
Others.
Others is further sub segmented into
paper and printing,
Textile and clothing.
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Warehouse Robotics Market Country Level Analysis
The warehouse robotics market is analysed, and market size, volume information is provided by country, product, function, payload capacity, and industry as referenced above.
The countries covered in the Warehouse Robotics Market report are the
U.S.
Canada and Mexico in North America
Brazil
Argentina and Rest of South America as part of South America
Germany
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe in Europe
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
Saudi Arabia
U.A.E
South Africa
Egypt
Israel
Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Competitive Landscape and Bipolar Discrete Semiconductor Market Share Analysis
The warehouse robotics market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the warehouse robotics market.
Some of the major players operating in the warehouse robotics market are
KUKA AG,
Daifuku Co., Ltd.,
ATS Automation Tooling Systems, Inc.,
OMRON Corporation,
Kiva Systems, Inc.,
Toshiba Corporation.
Honeywell International Inc.,
Dematic,
Bastian Solutions, Inc.,
Amazon Robotics,
E&K Automation Limited,
Fanuc Corporation,
PARI Robotics, INC,
Yaskawa Electric Corporations,
Fetch Robotics, Inc.,
Rockwell Automation, Inc.,
Hitachi, Ltd.,
JBT,
Bluebotics SA,
Mobile Industrial Robots A/S
Among others.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Global Warehouse Robotics Market by Product & Procedure type
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