Global Layer Pads Market, By Material (Plastic, Paperboard), Number of Walls (Single-Walled, Double-Walled, Triple-Walled, More Than 3 Layers), Thickness (Standard, Customized), Shape (Flat Sheets, Die Cut, Others), Distribution Channel (Online Stores, Offline Stores), End User (Food and Agro Products, Beverages, Electronics, Chemical, Bags and Sacks, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
The barrier and lightweight properties of layer pads are very useful for supply chain and efficient logistics for businesses. Rise in sales of non-alcoholic and alcoholic beverages has been driving the revenue growth of the layer pads market. The pressing need for customized layer pads packaging in multiple industries is expected to create the new revenue streams, on the layer pads market. Corrugated and paperboard layer pads have been widely used to transport various food products. Multiple end-users find these to be sustainable packaging solutions, especially during logistics and warehousing.
Data Bridge Market Research analyses that the layer pads market was valued at USD 1.61 billion in 2021 and is expected to reach USD 2.59 billion by 2029, registering a CAGR of 6.10 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Material (Plastic, Paperboard), Number of Walls (Single-Walled, Double-Walled, Triple-Walled, More Than 3 Layers), Thickness (Standard, Customized), Shape (Flat Sheets, Die Cut, Others), Distribution Channel (Online Stores, Offline Stores), End User (Food and Agro Products, Beverages, Electronics, Chemical, Bags and Sacks, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, 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), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Smurfit Kappa (Ireland), DS Smith (U.K.), International Paper (U.S.), WestRock Company (U.S.), KARTON SpA (Italy), Corex (Australia)., Alvaboard (Indonesia), GWP Group (U.K.), ShishIndustries (India), ER&GE (U.K.) Limited (U.K.), QINGDAO TIANFULE PLASTIC Co. Ltd. (China), Northrich (Canada), Romiley Board Mill (U.K.), Crown Paper Converting, Samuel Grant Group Ltd. (U.K.), John Roberts Holdings Ltd. (U.K.), Mount Vernon Packaging (U.S.), Inteplast Group (U.S.)
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Market Opportunities
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Market Definition
A layer pad is used to separate products or goods arranged on top of one another for shipping or storage, whether on pallets or any other surface. Layer pad is used to protect these items from damage, a layer pad is placed between the products. Chipboard is normally used for the pads. Layer pads come in a several sizes, colours and weights with the option of encoding the sheets by using ink-jet, laser printing or thermal transfer.
Layer Pads Market Dynamics
Drivers
- Rising demand of recyclable product
The demand for layer pads has been continuously increasing in recent years due to the use of recyclable materials during manufacturing. The growing awareness regarding excessive use of thermoform and plastic for packaging has led to a substantial damage to the environment but Layer pads are completely recyclable, which makes them a perfect choice for shipping goods in the safest way possible.
- Rising demand in food and beverages industry
Growing demand of layer pad in food and beverage industry are expected to hold the largest share of the layer pads market in the forecast period. Those layer pads are widely used in the beverage to handle glass products in food and glass industry and maintain high hygiene. The fragility of glass bottles is anticipated to drive a high demand for layer pads during the forecast period.
- Increasing demand for shipment of electronics
Increase in shipment of consumer electronics especially across emerging countries has stimulated the sales of the products in layer pads market. The popularity of layer pad is boosted by the increasing adoption of lightweight and safe packaging for the electronics products. Mainly, the demand for gaming consoles has increased expressively, thereby fuelling the adoption of layer pads.
Opportunities
The rising usages of product due to the increasing preferences towards recyclable and ease of handling product, ability to survive entire supply chain, stringent regulations against plastic packaging, rising applications from electronic industry, which will expected to increase the growth rate of the layer pads market in upcoming years. Also, growing trends of online shopping along with rising demand from food and logistics industry, introduction of green packaging which will further create various beneficial opportunities for the growth of the layer pads market in the forthcoming period. Moreover, an increase in emerging new markets and strategic collaborations will act as market drivers and further boost the beneficial opportunities for the layer pads.
Restraints/ Challenges
The growth of the layer pads market is substantially hampered by several unfavourable factors globally. The Covid-19 pandemic has affected start-ups and big business, labour markets and economies, leading to widespread business disruptions. The sectors like transportation and chemical sector was highly affected because it also requires layer pads at a large scale for transporting and storage products. These are the major market restrains which will obstruct the market's growth rate of layer pads market.
This layer pads market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the layer pads market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Layer Pads Market
During covid-19 pandemic, stakeholders across the layer pads sectors have seen a remarkable impact as all the factories, production work and other activities were closed. As a result, the production off layer pad was delayed by pauses and supply chain disruption globally. Furthermore, during the pandemic period, the governments has imposed various restrictions, like fewer operating hours and working with half the workforce hampering the production cycle of the layer pad market. Most of the national and international transportation was closed, impacting the demand for layer pads market. However, the market is anticipated to recover after the epidemic with those sectors which is aiming to work with higher manufacture rates to improve from the incorporated losses.
Global Layer Pads Market Scope
The layer pads market is segmented on the basis of material, number of walls, thickness, shape, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Plastic
- P.P. (Polypropylene)
- P.E. (Polyethylene)
- Others
- Paperboard
- Corrugated Cardboard
- Solid Board
- Others
Number of Walls
- Single-Walled
- Double-Walled
- Triple-Walled
- More Than 3 Layers
Thickness
- Standard
- Customized
Shape
- Flat Sheets
- Die Cut
- Others
Distribution Channel
- Online Stores
- Offline Stores
End User
- Food and Agro Products
- Beverages
- Electronics
- Chemical
- Bags and Sacks
- Others
Layer Pads Market Regional Analysis/Insights
The layer pads market is analysed and market size insights and trends are provided by country, material, number of walls, thickness, shape, distribution channel and end-user as referenced above.
The countries covered in the layer pads market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, 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), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the layer pads market in terms of market share during the forecast period. This is due to the growing demand for Layer pads in this region. North America region leads the Layer pads market due to the rising beverages sector in this region
During the estimated period, Asia-Pacific is likely to be the fastest developing region due to the increasing number of import and export activities in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Layer Pads Market Share Analysis
The layer pads market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, 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 layer pads market.
Some of the major players operating in the layer pads market are:
- Smurfit Kappa (Ireland)
- DS Smith (UK)
- International Paper (U.S.)
- WestRock Company (U.S.)
- KARTON SpA (Italy)
- Corex (Australia).
- Alvaboard (Indonesia)
- GWP Group (U.K.)
- ShishIndustries (India)
- ER&GE (U.K.) Limited (uK)
- QINGDAO TIANFULE PLASTIC Co. Ltd. (China)
- Northrich (Canada)
- Romiley Board Mill (U.K.)
- Crown Paper Converting
- Samuel Grant Group Ltd. (U.K.)
- John Roberts Holdings Ltd. (U.K.)
- Mount Vernon Packaging (U.S.)
- Inteplast Group (U.S.)
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