In 2022, it is anticipated that the market for pallet slip sheets will be valued at US$ 994.2 million. By 2032, the market is anticipated to grow at a consistent CAGR of 5.1% and reach a value of US$ 1631.4 million. Since they are replacing wooden pallets as the main means of handling and transferring goods inside a plant, pallet slip sheets are in more demand. The market as a whole is being dominated by the trend of recycled materials.
Pallet slip sheets are the alternative packaging solution to wooden pallets. Wooden pallets occupy a lot of space in the facility which could be easily reduced by a significant amount by using pallet slip sheets.
The pallet slip sheets are made up of plastics or corrugated materials. Plastics pallet slip sheets are widely replacing wooden pallets for the handling and transportation of products inside the facility. Some of the companies also manufacture plastic pallet slip sheets made up of the recycled plastics polyethylene materials such as FreshPak Corporation. Also, the plastics pallet slip sheets eliminate the need for pallet exchange and could be replaced easily.
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It takes up approximately twenty times less floor space than the wooden pallets which could lead to significant reduction in the material handling costs. The plastics pallet slip sheets are also moisture resistant and repel insects and rodents to maintain proper hygiene level of the products kept over it. The pallet slip sheets are very environment friendly and cost-effective product.
It costs around 90% less than the cost of a wooden pallet. Also, there is no any maintenance cost for the disposal of pallet slip sheets as in the case of wooden pallets. The pallet slip sheets are twenty times lighter than the traditional wooden pallets and could be used multiple times. It reduces the loading/unloading time by up to 60% and can be customized to fit any custom size according to the requirement of the customers.
Pallet Slip Sheets Market: Market Dynamics
The pallet slip sheets market has noticed significant growth in the past few years due to several advantages of this product over traditional wooden pallets solution. It is expected that the pallet slip market will expand at an approximate CAGR value of 7%-8%, during the forecast period. Companies are readily shifting towards pallet slip sheets packaging solutions due to its high cost-effective and environment-friendly characteristics. The slip sheets require very low maintenance and could be easily disposed of in the environment. Pallets slip sheets manufacturers are investing high amounts of money on the research and development of the product to distinguish their products from the other manufacturers.
The slip sheets are compliant with ISPM 15 regulations which restrict the use of timber in international trade. However, Pallet slip sheets require separate push-pull forklift arrangement for the transportation and handling which require extra investment of resources to implement this type of packaging solution. Wooden pallets provide more structural support than pallet slip sheets when used alone. Some of the latest trend observed in the pallet slip sheets market is the introduction of the slip sheets made up of the recycled materials such as recycled PE, etc.
Key players
- Fresh-Pak Corp
- MEIJER HANDLING SOLUTIONS B.V.
- Industrial Packaging Corporation
- Smurfit Kappa Group
- Marvatex Inc.
- ENDUPACK-SAS, REPSCO Inc.
- CGP Industries S.A.S.
- GUNTHER SAS
- Tri-Cor Flexible Packaging Inc.
- Continental Paper & Plastics Corp.
- Specialty Coating & Laminating LLC
- KapStone Paper and Packaging Corporation
- Dura-Fibre, LLC.
- CROWN PAPER CONVERTING INC
- Opprocon, Inc
- Falcon Packaging & Converting Ltd.
- International Paper. Co.
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Key Segments
By Material Type:
- Kraft-board or Fiberboard
- Corrugated Paperboard
- Plastics
- HDPE
- PP
By Number of Lips:
- Single Lip
- Multiple Lip
By Coating Type:
- Anti-slip coating
- Moisture Barrier
- Grease Barrier
- Water-resistance
By End-Use:
- Automotive
- Chemical & Fertilizers
- Construction
- Food & Beverages
- Aerospace
- Manufacturing
By Region:
- North America
- Europe
- Middle East and Africa
- Asia Pacific
- Latin America
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