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Dunnage Trays Market By Material (Cast Urethane, Foam Grade Urethane, Polystyrene, Polyethylene, & Others); By Application (Shipping Trays, In-process Trays, Automation Trays, Wash Cycle Trays, Food Sterilization, Assembly Trays & Others); By End User (Automotive Industry, Electronics Industry, Healthcare Industry, Retail, Food & Beverage Industry, Shipping & Logistics Industry, Cosmetics Industry & Others) - Global Demand Analysis & Future Outlook 2027

Published On : 07:20 AM, 29th June, 2018 REP-ID-647 Category: Packaging

Dunnage Trays Market Overview

Dunnage trays are used for shipping, handling and processing of various parts or products. These trays find their use in various industries such as automotive industry, electronics industry, healthcare industry, retail food & beverage industry, shipping & logistics industry, cosmetics industry and other industries. Further, the dunnage trays market is witnessing the launch of various innovative and attractive products.

Market Size and Forecast

Global dunnage trays market is anticipated to flourish at a significant CAGR of 4.8% over the forecast period. Wide scale application in various end use industries coupled with positive growth outlook of these industries is impelling the demand for dunnage trays. Moreover, the market is witnessing the launch of reusable, light weight and low cost dunnage trays which further is likely to supplement the growth of the dunnage trays market in the years ahead.

Global Dunnage Trays Market

Asia Pacific accounted for the largest percentage of market share in overall dunnage trays market and is expected to be the fastest growing dunnage trays market in the world. Growing affluent middle class population is increasing the demand and sale of automotive vehicles, thereby intensifying growth opportunities in automotive end use sector. Furthermore, growing food & beverage industry in the region is expected to intensify the demand for dunnage trays market in the Asia Pacific. Further, China, South Korea and India are anticipated to major contributor to the growth of the Asia Pacific dunnage trays market during the forecast period. Europe is expected to showcase significant compound annual growth rate during the forecast period. Growing utilization of dunnage trays in automotive industry is likely to sustain the growth of the Europe dunnage trays market.

North America dunnage trays market is expected to grow at a substantial rate over the forecast period. North America market is backed by growing healthcare and shipping & logistics industry. Further, new material innovations are anticipated to accelerate the growth of dunnage trays market in North America. U.S. is the prominent market in the region.

Based on material type, global dunnage trays market is segmented into automotive industry, electronics industry, healthcare industry, retail, food & beverage industry, shipping & logistics industry, cosmetics industry and other industries, out of which, automotive industry dominated the overall dunnage trays market. This can be attributed to the growing automotive market across the globe.

Market Segmentation

Our in-depth analysis has segmented global dunnage trays market into the following segments:

By Material

  • Cast Urethane
  • Foam Grade Urethane
  • Polystyrene
  • Polyvinyl chloride (PVC)
  • Polyethylene
  • Acrylonitrile Butadiene Styrene (ABS)
  • Others

By Application

  • Shipping Trays
  • In-process Trays
  • Automation Trays
  • Wash Cycle Trays
  • Food Sterilization
  • Assembly Trays
  • Others

 By End User

  • Automotive Industry
  • Electronics Industry
  • Healthcare Industry
  • Retail
  • Food & Beverage Industry
  • Shipping & Logistics Industry
  • Cosmetics Industry
  • Other Industries

Global Dunnage Trays Market Share

By Region

Global dunnage trays market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Russia, Turkey, BENELUX, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea & Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and North Africa (GCC, Israel, North Africa, South Africa & Rest of Middle East) Market Size and Y-O-Y Growth Analysis

Growth Drivers & Challenges

The market stands to benefit from continuous innovation and advancements related to material strength and other properties of dunnage trays. Several major dunnage trays manufacturers are focusing on the development of lightweight, more durable and low cost dunnage trays. This factor is envisioned to bolster the growth of the global dunnage trays market.

Rising demand from various end use industries is driving the growth of the global dunnage trays market. Further, positive growth of end use industries is anticipated to boost the demand for dunnage trays in the long run. For instance, increasing production of motor vehicles across the globe is anticipated to benefit the growth of dunnage trays market. Further, global automotive industry is booming on the account of urbanization and increasing disposable income. This massive growth of automotive industry is expected to supplement the growth of dunnage trays market. According to OICA, 94.7 million motor vehicle produced was held to be in 2016. Moreover, this represented a Y-o-Y growth of 5.0% as compared to 2015. Moreover, automotive production is anticipated to increase on the account of rising demand. This factor signals promising growth of the dunnage trays market. 

In contrast, availability of alternatives such as molded fiber pulp tray is anticipated to limit the growth of the global dunnage trays market during the forecast period.

Key Players

  • Rohrer Corporation
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Dordan Manufacturing Company
  • PolyFlex Products Inc.
  • Thermoflex, LLC
  • Dunnage Engineering
  • Brown Machine, LLC
  • Sohner Plastics LLC
  • Sonoco Products Company
  • Great River Plastics, LLC
  • Electro-General Plastics Corp
  • Other Prominent Players

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global dunnage trays market is segmented as follows:

  • By Material Market Size & Y-O-Y Growth Analysis
  • By Application Market Size & Y-O-Y Growth Analysis
  • By End User Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

Key Answers

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