The protective packing strips known as pallet corner boards are used to ensure product safety when delivering goods in cans, pails, drums, kegs, etc. Pallet corner boards’ primary function is to prevent the pallets from collapsing into the corner boards. Customers can lower the likelihood of expensive product damage during transit or storage by using pallet corner boards.
Paperboard and plastic make up the majority of pallet corner boards. Paperboard is typically made from this material since it is 100% recyclable and disposable. Because customers are constantly worried about the safety of their products, pallet corner board demand has skyrocketed in recent years. The paperboard is discovered by even the logistics firm to be the most convenient material for pallet corner board
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Global Pallet Corner Boards Market – Geographical Outlook
The global pallet corner boards market can be divided into seven major regions which are as follows –
- North America
- Asia Pacific Excluding Japan
- Western Europe
- Middle East & Africa
- Latin America
- Eastern Europe
- Japan
Attributed to the large volume of export & logistics sector, North America leads the global pallet corner boards market. Being the most developed of all with a well-informed consumer population, North America is anticipated to enjoy leading position in the global pallet corner boards market, followed by Western Europe and APEJ.
Emerging economies, such as China and India represent markets that have witnessed growing need for economical products that also promise quality. India, for example, is looking to double the size of its logistics sector in the next five years, and therefore, growth of corrugated pallets market looks promising in the region. Middle East & Africa and Latin America is expected to witness above average growth for pallet corner boards due to the increase in logistics and transport industry in these regions.
Global Pallet Corner Boards Market – Key players
Few of the key players in the pallet corner boards market are Primepac Industrial Limited, Angleboard Company, Belle Ombre Hoekstukke, Itw Signode Packaging Solutions, etc.
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The report covers exhaustive analysis on
- Global Pallet Corner Boards Market Segments
- Global Pallet Corner Boards Market Dynamics
- Historical Actual Market Size, 2012 – 2016
- Global Pallet Corner Boards Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain for Pallet Corner Boards Market
- Global Pallet Corner Boards Market Current Trends/Issues/Challenges
- Competition & Companies involved in Pallet Corner Boards Market
- High Altitude Aeronautical Platform Stations Technology
- Value Chain of High Altitude Aeronautical Platform Stations
- Global Pallet Corner Boards Market Drivers and Restraints
Global Pallet Corner Boards Market – Segmentation
The global pallet corner boards market can be segmented by the raw material type, by size, end use and by the application.
On the basis of raw material type, the global pallet corner boards market is segmented into
- Paperboard
- Plastic
- HDPE
- Polyethylene Terephthalate (PET)
- Others
On the basis of size, the global pallet corner boards market is segmented into –
- Less than 3 inch
- 3 to 5 inch
- 5 to 8 inch
- More than 8 inch
On the basis of end use, the global pallet corner boards market is segmented into –
- Chemicals & Lubricants
- Furniture
- Automotive
- Electronics
- Consumer Goods
- Industrial Goods
On the basis of end use, the global pallet corner boards market is segmented into –
- Storage
- Logistics
- Others
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