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Wood Packaging Market Achieves Potential Growth of USD 16.99 Bn | Market Trends, Share, Future Demand, and Forecast | Technavio

Date:

Key Market Dynamics: 

  • Market Driver 
  • Market Challenges 

The cost benefits associated with wood packaging and innovations in terms of design and size are some of the key factors influencing the market growth positively in the upcoming years. However, fluctuating raw material prices might limit market growth. 

Learn about additional drivers, trends, and challenges influencing the market in our full report.
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The wood packaging market report is segmented by product (pallets and cases and boxes) and geography (APAC, North America, Europe, MEA, and South America).  In terms of geography, 37% of the market’s growth will originate from APAC. China is the key market for wood packaging in APAC.

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Companies mentioned with their offerings

  • Brambles Ltd.: The company offers wood packaging solutions for automotive components.
  • Greif Inc.: The company offers Gcube wooden pallets which are available in a wide range of specifications.
  • Kamps Pallets Inc.
  • Millwood Inc.
  • Mondi Group
  • Gain access to more vendor profiles featured in the report. Click Here.

Related Reports:

Global Green Packaging Market – Global green packaging market is segmented by product (recyclable, reusable, and degradable), end-user (food industry, beverage industry, healthcare industry, personal care industry, and others), and geography (APAC, North America, Europe, South America, and MEA).
Download Exclusive Free Sample Report

Global Returnable Transport Packaging Market – Global returnable transport packaging market is segmented by Product (Containers, Pallets, Drums and barrels, and Others) and Geography (North America, Europe, APAC, MEA, and South America).
Download Exclusive Free Sample Report

Wood Packaging Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2020-2024

USD 16.99 billion

Market structure

Fragmented

YoY growth (%)

2.37

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 37%

Key consumer countries

US, China, UK, Canada, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Brambles Ltd., Greif Inc., Kamps Pallets Inc., Millwood Inc., Mondi Group, Nefab AB, PalletOne Inc., Rowlinson Packaging Ltd., Shur-way Group Inc., and Universal Forest Products Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered: 

  • Executive Summary 
  • Market Landscape 
  • Market Sizing 
  • Five Forces Analysis 
  • Market Segmentation 
  • Customer landscape 
  • Geographic Landscape 
  • Vendor Landscape 
  • Vendor Analysis 
  • Appendix

About Us 

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact 
Technavio Research 
Jesse Maida 
Media & Marketing Executive 
US: +1 844 364 1100 
UK: +44 203 893 3200 
Email:[email protected] 
Website: www.technavio.com/

SOURCE Technavio


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Source: https://www.prnewswire.com:443/news-releases/wood-packaging-market-achieves-potential-growth-of-usd-16-99-bn–market-trends-share-future-demand-and-forecast–technavio-301398503.html

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