About this market Distribution centers, production units and manufacturing units are focusing on reducing the cost of shipment during the export and import of goods which also includes trade packaging cost sanitization charges floor spacing and utilization costs and labor charges during storage and transportation of goods. Wood packaging such as pallets and wooden boxes for export and import are a cost-effective option for end-users when compared with substitute products such as plastic pallets. The cost of floor spacing and space utilization constitutes a significant percentage of the shipment cost of goods. Wooden pallets are preferred for transporting food and beverage products. This is because the wood naturally absorbs bacteria, which helps protect these products from cross-contamination. Analysts have predicted that the wood packaging market will register a CAGR of over 4% by 2023.
Market Overview Rise in global containerized cargo trade The shift in the global trade pattern toward containerized seaborne and airborne trade has increased over the period. Wooden pallets and boxes are increasingly used to facilitate the smooth transportation of containerized goods. The rising trade agreement has led to an increase in the volume of containerized cargo trades. Fluctuating raw material prices The variations in raw material prices will affect the profit margins of wood packaging product manufacturers. Low raw material prices will increase raw material purchases for vendors in the market, At the same time they can affect the profit margins because low raw material prices impact the price of the final end-products (wooden pallets and boxes). For the detailed list of factors that will drive and challenge the growth of the wood packaging market during the 2019-2023, view our report.
Competitive Landscape The market appears to be highly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
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This series was created for international firms who rely on foreign export markets for a substantial portion of their business or who might be threatened by foreign trade competition. The estimates given in this report were created using a methodology developed by and under the direct supervision of Professor Philip M. Parker, the Chair Professor...
This series was created for international firms who rely on foreign export markets for a substantial portion of their business or who might be threatened by foreign trade competition. The estimates given in this report were created using a methodology developed by and under the direct supervision of Professor Philip M. Parker, the Chair Professor...
This series was created for international firms who rely on foreign export markets for a substantial portion of their business or who might be threatened by foreign trade competition. The estimates given in this report were created using a methodology developed by and under the direct supervision of Professor Philip M. Parker, the Chair Professor...
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This report was created for strategic planners, international marketing executives and export managers whose primary concern is the world market for motor vehicles for transport of goods and materials.
With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented...
This report was created for strategic planners, international marketing executives and export managers whose primary concern is the world market for trailers and semi-trailers for the transport of goods.
With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented...
This report was created for strategic planners, international marketing executives and export managers whose primary concern is the world market for railway or tramway vans, wagons, and freight cars for the transport of goods excluding self-propelled.
With the globalization of this market, managers can no longer be contented...
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