Thermal Pallet Covers Market Forecasts to 2028 – Global Analysis By Size (Airfreight Pallet Size, Standard Pallet Size), Usage (Single Use, Multiple Use), Application (Food and Beverages, Pharmaceutical, Chemical) and By Geography
According to Stratistics MRC, the Global Thermal Pallet Covers Market is accounted for $4,088.58 million in 2020 and is expected to reach $12,078.59 million by 2028 growing at a CAGR of 14.5% during the forecast period. Factors such as growing pharmaceutical industry, increasing e-commerce activities, and growing demand from food and beverages industry are driving the growth of the market. However, the worldwide shut down as a result of Covid-19 pandemic is hampering the growth of the market.
Thermal pallet covers safeguard temperature-sensitive goods from the effects of harsh weather and decrease the risk of damages. It maintains the product temperature by changing it into either chilled or heated. As these covers are very compact and consume very less space during transportation, they are desirable among many end user industries.
Based on the application, the food and beverages segment is anticipated to expand at a rapid pace during the forecast period due to the increasing need to preserve the quality of packaging and to maintain the freshness of products. By geography, North America is going to have high growth during the forecast period which can be attributed to the presence of mature shipping and logistics industries in the region.
Some of the key players profiled in the Thermal Pallet Covers Market include Softbox Systems Ltd, Peakfresh Products Pty Ltd, QProducts & Services, Protek Cargo Srl, Polar Tech Industries, Inc., EcoCool GmbH, Pallet Wratz Inc, Nordic Cold Chain Solutions, Patidar Corporation, Thermal Packaging Solutions, Insulated Products Corporation, Weather Shield India, Combitherm A/S, Eceplast Srl, and Orion Plastics Corp.
• Airfreight Pallet Size
• Standard Pallet Size
• Single Use
• Multiple Use
• Food and Beverages
Sales Channels Covered:
• Direct Sales
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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