Global Polyvinyl Chloride (PVC) Dunnage Trays Market, By Application (Shipping Trays, In-Process Trays, Automation Trays, Wash Cycle Trays, Food Sterilization, Assembly Trays, Others), End User (Automotive Industry, Electronics Industry, Healthcare Industry, Retail, Food and Beverage Industry, Shipping and Logistics Industry, Cosmetics Industry, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
PVC Dunnage trays is not only important for big freight shippers, but it also used in e-commerce wrapping shops. PVC Dunnage trays refer to the type of trays which are extensively used for shipping, handling and processing several products. These trays are highly used in numerous industries, including electronics, healthcare, shipping and logistics, retail food and beverage, and cosmetics. Custom PVC packaging has been engineered to meet the end-users' rigorous demands. The PVC dunnage trays features include shape, weight, lids, size, material, and color, straps, stacking, and nesting.
Data Bridge Market Research analyses that the polyvinyl chloride (PVC) dunnage trays market was valued at USD 777.30 million in 2021 and is expected to reach USD 1276.80 million by 2029, registering a CAGR of 6.40 % 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 million, Volumes in Units, Pricing in USD
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Segments Covered
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Application (Shipping Trays, In-Process Trays, Automation Trays, Wash Cycle Trays, Food Sterilization, Assembly Trays, Others), End User (Automotive Industry, Electronics Industry, Healthcare Industry, Retail, Food and Beverage Industry, Shipping and Logistics Industry, Cosmetics Industry, 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 (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Dunnage Engineering (U.S.), B.M.G. Corporate (U.S.), sohnerplastics. (U.S.), Great River Plastics (U.S.), Electro-General Plastics Corp (U.S.), Innovative Plastech (U.S.), Waveform Plastics (Canada), South-Pak, Inc (U.S.), Bardes Plastics, Inc. (U.S.), Menasha Corporation (U.S.), Schaefer Systems International Pvt Ltd (India), Sinclair & Rush, Inc.(U.S.), Rohrer Corporation (U.S.), Dordan Manufacturing Company. (U.S.), PolyFlex Pro (U.S.), Sonoco Products Company (U.S.), Thermoflex, L.L.C. (U.S.), DS Smith (U.K.)
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Market Opportunities
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Increase in demand for safe transportation
Increasing number of product innovations
Rapid urbanisation and industrialisation
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Market Definition
PVC Dunnage trays are highly-engineered packaging solutions for product distribution, assembly and manufacturing. This has designed to interface with automated assembly equipment. PVC dunnage trays require die cutting tolerances to meet its customers' requirements for problem-free assembly.
Polyvinyl Chloride (PVC) Dunnage Trays Market Dynamics
Drivers
- Highly used in shipment
Polyvinyl chloride (PVC) dunnage trays are mainly used to fill empty spaces inside the shipping box to prevent items from moving within the box during shipping. Shippers also use dunnage to separate items in a package and prevent the product from collision. This helps to prevent the item from physical damage during the delivery process due to this factor increase the demand of PVC dunnage trays which are expected to drive the market growth rate.
- Highly used for the protection of product
PVC Dunnage trays are used not only in transit and shipment but also to prevent damage to goods while these products are being unloaded, loaded and transported. These dunnage trays keep products safe when moving around in transit, irrespective of whether they are sent by ship, train and road.
- Rise the demand for using in shipping container
PVC Dunnage trays is also normally used in shipping containers. These containers are designed to be moisture resistant, so they do not have any drainage holes to release water. Top PVC dunnage trays is also used to contain the condensation which forms in the tops of shipping containers. Plastic tarps may also be suspended below the container’s ceiling to catch evaporated moisture and protect it from dripping onto the cargo below.
Opportunities
The increase in the demand for safe transportation across several industries will acts as one of the major factors to create beneficial opportunities for the growth of the dunnage trays market. The increase in order for the trays due to the distribution efficiency provided to OEM manufacturers rendering smooth handling of W.I.P. constituents, and growth of pharmaceutical, food and manufacturing industry accelerate the market growth. Moreover, expansion of end-use industries, concerns regarding product safe transportation positively, urbanization and industrialization will create many opportunities for the PVC dunnage trays market. Also, light weight, low cost dunnage and launch of reusable trays extend profitable opportunities to the market players in upcoming years.
Restraints/ Challenges
However, high cost investment is anticipated to obstruct the market growth rate. Also, stringent environment rules are projected to challenge the PVC dunnage trays market during forecast period. The negative impact of COVID-19 outbreak on supply chain and high cost of raw materials will also act as market restraint and further challenge the PVC dunnage trays market growth rate.
This polyvinyl chloride (PVC) dunnage trays 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 polyvinyl chloride (PVC) dunnage trays 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 Polyvinyl Chloride (PVC) Dunnage Trays Market
The outbreak of Covid-19 had paused the manufacture of PVC dunnage trays during forecast period in wake of partial or total lockdowns being enforced all across the globe. Moreover, the international borders were sealed in this timespan, which affected the market's growth rate. However, with normalcy restored, the PVC dunnage tray market is scheduled to grow on an irrevocable note during the forecast period. The post-covid era would, in fact throw a better light on ensuring damage free and safety ambience.
Global Polyvinyl Chloride (PVC) Dunnage Trays Market Scope
The polyvinyl chloride (PVC) dunnage trays market is segmented on the basis of application 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.
Application
- Shipping Trays
- In-Process Trays
- Automation Trays
- Wash Cycle Trays
- Food Sterilization
- Assembly Trays
- Others
End User
- Automotive Industry
- Electronics Industry
- Healthcare Industry
- Retail
- Food and Beverage Industry
- Shipping and Logistics Industry
- Cosmetics Industry
- Others
Polyvinyl Chloride (PVC) Dunnage Trays Market Regional Analysis/Insights
The polyvinyl chloride (PVC) dunnage trays market is analysed and market size insights and trends are provided by application and end user as referenced above.
The countries covered in the polyvinyl chloride (PVC) dunnage trays 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 (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the polyvinyl chloride (PVC) dunnage trays market in terms of market share and revenue during the forecast period. This is due to the increasing demand for polyvinyl chloride (PVC) dunnage trays in this region. The Asia-Pacific region leads the polyvinyl chloride (PVC) dunnage trays market due to abundant investment in research & development and the new innovations in packaging in this region.
During the projected period, Asia-Pacific is anticipated to be the fastest developing region because of rise in e-commerce and retail business and the increase in the number of consumers 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 Polyvinyl Chloride (PVC) Dunnage Trays Market Share Analysis
The polyvinyl chloride (PVC) dunnage trays 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 polyvinyl chloride (PVC) dunnage trays market.
Some of the major players operating in the polyvinyl chloride (PVC) dunnage trays market are:
- Dunnage Engineering (U.S.)
- B.M.G. Corporate (U.S.)
- sohnerplastics. (U.S.)
- Great River Plastics (U.S.)
- Electro-General Plastics Corp (U.S.)
- Innovative Plastech (U.S.)
- Waveform Plastics (Canada)
- South-Pak, Inc (U.S.)
- Bardes Plastics, Inc. (U.S.)
- Menasha Corporation (U.S.)
- Schaefer Systems International Pvt Ltd (India)
- Sinclair & Rush, Inc. (U.S.)
- Rohrer Corporation (U.S.)
- Dordan Manufacturing Company. (U.S.)
- PolyFlex Pro (U.S.)
- Sonoco Products Company (U.S.)
- Thermoflex, L.L.C. (U.S.)
- DS Smith (U.K.)
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