Global Layer Pads Market is segmented By Material (Paperboard, Plastic), By End-User (Food & Beverages, Electronics, Logistics, Pharmaceutical, Cosmetics, Others), By Wall (Single-Wall, Double-Wall, Triple-Wall), By Shape (Flat Shape, Die Cut Shape), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029
Market Overview
The layer pads market is estimated to reach at high CAGR during the forecast period (2022-2029).
Layer pads are used for separating layers of lined items like bottles, containers and another rigid packaging. The sheet pad stabilizes the product and disperses weight to ensure to avoid disruption during transit. The pads are a vital part of shipping supplies, used for providing safety of goods while shipping. There are various types of layer pads available in the market, manufactured from plastic or paper. The layer pads are widely used in diverse fields including logistics, food & beverages, pharmaceutical, electronics, among others. The layer pads are available in different thicknesses and shapes, offering a reduction in transit damage, eliminating blade damage during the opening of the case and provide environmentally friendly packaging options.
Market Dynamics
The global layer pads market growth is driven by the demand for better packaging in logistics and increasing trend towards recyclable packaging.
The demand for better packaging in logistics are expected to drive the demand for the layer pads market
The layer pads market is expected to drive with demand for better packaging in logistics. The rising demand for e-commerce and shipping nationally and internationally has created a major demand for safe packaging solutions. The suppliers are investing in layer pads to offer an extra layer of protection to their valuable goods. Their sturdiness offers a sense of security, stiffens each layer and organizes the layers at the same time. These layer pads can store and transport delicate items such as collector plates, china dishes and glass tumblers with ease and reliability.
Various products shipment is turned out to be damaged due to poor delivery practices and hence create the need of better protection. The thickness of the pards offers greater compression strength, an ideal option for stacking strongly yet lightweight products. They can also be used to reinforce the sides & bottom of shipping boxes, master cartons or super shippers.
The stringent regulations on the use of plastic packaging are likely to hinder the market growth
The layer pads market is impacted by the stringent regulations on the use of plastic packaging globally. The market demand for plastic manufactured layer pads can be impacted in various counties with upcoming laws in various countries. Also, the presence of alternatives like medium-density fibreboard and timber board will affect the market growth.
COVID-19 Impact Analysis
Due to the pandemic, stakeholders across the layer pads industry have seen a notable impact as all the production work, factories and other activities were closed. As a result, production was hindered by halts and supply chain disruption globally. Furthermore, after the pandemic, the governments still impose various restrictions, such as working with half the workforce and fewer operating hours hindering the production cycle of the market. The majority of the national & international transportation was closed, which impacted the demand for layer pads. The losses are incorporated with less demand from the associated industries. However, the market is expected to recover after the pandemic, with sectors aiming to work with higher production rates to recover from the incorporated losses.
Segment Analysis
By end-user, the layer pads market is broadly classified into electronics, pharmaceutical, logistics, cosmetics and others.
The food & beverage industry is expected to grow at the fastest CAGR during the forecast period (2020-2027)
The food & beverage industry is expected to hold the largest market for layer pads market and are expected to continue their dominance in the forecast period. Those layer pads are widely used in the beverage, food and glass industry to handle glass products and maintain high hygiene. The fragility of glass bottles is expected to create a high demand for layer pads during the forecast period.
Moreover, it offers cost-effective and reusable hygienic solutions mostly used between glass containers, metal cans, PET bottles and some other industrial products. Its usage offers improved stability for additional layers of glass and cans per pallet, reducing transport requirements and associated costs also.
The companies have been offering new developments in the market with expanding the food & beverage industry. For instance, in 2018- JBT Corporation, a leading food and beverage industry provider, has announced the commercial launch of its new solutions to overcome problems in handling glass products in the industry. The company has developed a Hybrid Layer Pad for improved handling of delicate glass containers in baskets during sterilization. The layer pad has been designed to securely hold irregularly shaped glass containers end-over-end agitation.
Geographical Analysis
Europe region holds the largest market for global layer pads globally
Europe region holds the largest market share for the layer pads market globally and is expected to continue its dominance in the forecast period. The demand for layer pads is increasing with expanding logistics and e-commerce sales among the counties, led by Germany, U.K and others. For instance, in 2018 - Germany was the leading logistics market based on the Logistics Performance Index, with a score of 4.19. Moreover, the major need for layers pads is due to the huge food & beverage industry in the region. The canned products, including alcoholic beverages, soft drinks, low-calorie drinks and others in European markets, create the demand for layers pads for effective transportation. Leading companies like Cartonplast deliver more than 10 million layer pads every year for a diverse field of applications.
The region has also been growing with recent developments and investments in region by the leading market players. For instance, in 2021- Deutsche Beteiligungs AG is investing in Cartonplast Group GmbH, the leading for reusable pad layers used mainly for the transportation of glass containers in the food & beverage industry.
Also, in 2021, Flexi-Hex has launched a six-bottle box to add to its range of bottle packaging solutions. The company has also included an impact-resistant sleeve layer pad in its new packaging to enhance through a crash-lock base.
Competitive Landscape
The layer pads market is moderately competitive with the local player’s presence, followed by the global companies, contributing to the significant share in the market growth. In addition, some of the key players contributing to the growth of the market are Smurfit Kappa, GBE Product Packaging Supplies, Bubblefast, Orbis Corporation, Quill Lincolnshire, Inc., Smurfit Kappa, Hammond Paper Company Limited, Alpha Cikupa Makmur. PT Ds Smith, Kite Packaging Ltd, Kartonplast Group, Corplex, Gwp Group and others. Furthermore, the major players are adopting various new strategies to dominate the market, such as launching new products, expansions, acquisitions, and collaborations, contributing to the global growth of the layer pads market.
Cartonplast Group
Overview: Cartonplast Group is Europe’s major operator of a pool system for reusable plastic layer pads on a rental basis. The company offers layer pads in 20 countries to transport glass, cans and PET containers to fillers in the food, beverage, pharmaceutical and cosmetics industries. The company has around 17 Service Centres worldwide.
Product Portfolio: The Company offers a wide range of layer-pads ranging from solid plastic layer-pad to corrugated plastic layer-pad based on the applications. The layer-pads vary in surface finish, thickness suitable for lightweight plastic to the heaviest champagne bottle.
Key Development: In 2019, Cartonplast Group opened its new site in Schweitenkirchen, Germany, to meet the demand for transport layer pads.
The global layer pads market report would provide access to an approx: 69 market data tables, 63 figures and 180 pages.