About Layer Pads
Layer pads are used for the palletization of automotive components and are available for a variety of materials. Layer pads can be creased and folded too and also creating rigid structures to support heavy loads for domestic and global distributions. Rising demand for protective packaging in emerging economies. Online Shopping provides high growth in this particular market. Western Europe could witness beverages growing as one of the most attractive end users of layer pads. The high consumption of beverages could be considered as a major factor supporting the growth of this region.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Competition among existing players is due to the stiff market share occupied by leading players. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to help them improve sustenance and maintain their competitive advantages. Analyst at AMA Research estimates that United Kingdom Vendors will contribute the maximum growth to Global Layer Pads market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Corram (Netherlands), ALVAboard (Indonesia), Smurfit Kappa Group (Ireland), DS Smith Plc (London), International Paper Company (United States), KARTON S.P.A (Italy), Alpha Cikupa Makmur PT (Indonesia), GWP Group Limited (United Kingdom), Shish Industries Limited (India), ER&GE (UK) Limited (England), QINGDAO TIANFULE PLASTIC CO., LTD. (China), Carton Northrich Inc. (Canada) and Mulford Plastics Pty Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Romiley Board Mill (England), Crown Paper Converting (United States) and Samuel Grant Group Ltd. (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Layer Pads market by Type (Corrugated Cardboard Layer Pads and Polypropylene Layer Pads), Application (Food and Agro Products, Beverages, Alcoholic Beverages, Non-Alcoholic Beverages, Electronics, Chemical and Manufacturing) and Region.
On the basis of geography, the market of Layer Pads has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Wall , the sub-segment i.e. Single will boost the Layer Pads market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material , the sub-segment i.e. Corrugated Cardboard Layer Pads will boost the Layer Pads market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Shape, the sub-segment i.e. Die Cut Shape will boost the Layer Pads market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Layer Pads market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase Demand for Rigid Packaging
Market Growth Drivers:
Increasing Demand for Protective Packaging in the Electronic Industry, High Demand from Logistics Company and Stringent Government Regulations against Plastic Packaging
Challenges:
High Competiton Between Major Players
Restraints:
High Cost of Raw Materials
Opportunities:
Strong Opportunity in Developed Industry Due To High Consumption in Food Industry and Increase Online Shopping Benefits the Growth Potential in This Market
Market Leaders and their expansionary development strategies
In November 2023, Rogers Corporation, a leading provider of high-performance materials, announced a strategic partnership with Trelleborg Sealing Solutions to develop and manufacture advanced layer pads for various industrial applications.
In September 2023, Medical technology giant Medtronic partnered with Pressure Relief Technologies to develop and commercialize innovative pressure-relieving layer pads for hospital beds and wheelchairs.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Layer Pads Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.