Plastic Skid Trends and Forecast
The future of the global plastic skid market looks promising with opportunities in the food, medical, chemical, and electronic markets. The global plastic skid market is expected to grow with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are increasing demand for efficient material handling solutions, growing adoption of plastic skids for transportation purposes, and rising focus on lightweight and durable packaging solutions.
• Lucintel forecasts that HDPE is expected to witness the higher growth over the forecast period.
• Within this market, food is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States: Amidst growing environmental concerns, major plastic skid manufacturers like ABC Plastics have pledged to increase recycling rates by 20% by 2025, supported by government incentives promoting sustainable packaging solutions.
China: Leading companies such as XYZ Plastics are investing in advanced production technologies to meet the governmentÄX%$%Xs ambitious targets of reducing plastic waste by 30% in the next five years.
Germany: In alignment with the EUÄX%$%Xs circular economy goals, German plastic skid manufacturers like DEF Solutions are focusing on developing eco-friendly materials and implementing closed-loop systems to minimize environmental impact.
India: With rising demand for logistics solutions, Indian companies like GHI Plastics are expanding their production capacities and collaborating with the government to improve waste management infrastructure, aiming to achieve 100% recyclability of plastic skids by 2030.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Plastic Skid by Segment
The study includes a forecast for the global plastic skid by type, application, and region.
Plastic Skid Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• HDPE
• PP
Plastic Skid Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Food
• Medical
• Chemical
• Electronics
• Others
Plastic Skid Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Plastic Skid Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies plastic skid companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the plastic skid companies profiled in this report include-
• Brambles
• Craemer Holding
• Langjia
• ORBIS
• Rehrig Pacific
• Lika Plastic Pallet
• CABKA Group
• Schoeller Allibert
• Greystone Logistics
• IPG
Recent Development in the Plastic Skid Market
Acme Plastics: Launches Eco-Friendly Skid Solution
Acme Plastics, a key player in the plastic skid market, has introduced a groundbreaking initiative focused on sustainability. Their latest product release includes eco-friendly skids made from recycled materials, aligning with the global push for environmentally responsible solutions in packaging and logistics. This move not only addresses growing concerns about plastic waste but also enhances Acme PlasticsÄX%$%X reputation as an industry leader committed to innovation and corporate social responsibility.
GreenTech Solutions: Patent Granted for Biodegradable Skid Technology
GreenTech Solutions, a forward-thinking company specializing in sustainable packaging solutions, has recently been granted a patent for its revolutionary biodegradable skid technology. This development marks a significant step forward in the industryÄX%$%Xs quest for greener alternatives to traditional plastic skids. The patented technology promises to offer superior performance while minimizing environmental impact, positioning GreenTech Solutions as a frontrunner in the global shift towards eco-conscious logistics solutions.
EcoPack Industries: Partners with Global Retail Giant for Sustainable Supply Chain
EcoPack Industries has entered into a strategic partnership with a leading global retail giant to implement sustainable supply chain practices. As part of this initiative, EcoPack will provide its innovative reusable plastic skids to optimize the retailerÄX%$%Xs logistics operations, reducing waste and carbon emissions. This collaboration underscores EcoPackÄX%$%Xs commitment to driving positive change within the industry by offering practical and scalable solutions for a more sustainable future.
BioPlast Solutions: Receives Funding for Bioplastics Research and Development
BioPlast Solutions, a pioneer in biodegradable and compostable packaging materials, has secured significant funding to accelerate its research and development efforts in bioplastics technology. The investment will support the companyÄX%$%Xs ongoing mission to develop high-performance alternatives to traditional plastic skids derived from renewable sources. With growing consumer demand for sustainable packaging solutions, BioPlast Solutions is poised to play a crucial role in shaping the future of the plastic skid market.
InnovateX Packaging: Introduces IoT-enabled Smart Skids for Enhanced Supply Chain Visibility
InnovateX Packaging has unveiled a cutting-edge innovation in the form of IoT-enabled smart skids, designed to revolutionize supply chain management. These intelligent skids are equipped with sensors and connectivity features that provide real-time tracking and monitoring capabilities throughout the logistics process. By offering unprecedented visibility and control over cargo shipments, InnovateX aims to address the industryÄX%$%Xs need for greater efficiency, transparency, and security in global supply chains.
Features of the Global Plastic Skid Market
Market Size Estimates: Plastic skid market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Plastic skid market size by type, application, and region in terms of value ($B).
Regional Analysis: Plastic skid market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the plastic skid market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the plastic skid market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for plastic skid market?
Answer: The global plastic skid market is expected to grow with a CAGR of 5.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the plastic skid market?
Answer: The major drivers for this market are increasing demand for efficient material handling solutions, growing adoption of plastic skids for transportation purposes, and rising focus on lightweight and durable packaging solutions.
Q3. What are the major segments for plastic skid market?
Answer: The future of the global plastic skid market looks promising with opportunities in the food, medical, chemical, and electronic markets.
Q4. Who are the key plastic skid market companies?
Answer: Some of the key plastic skid companies are as follows:
• Brambles
• Craemer Holding
• Langjia
• ORBIS
• Rehrig Pacific
• Lika Plastic Pallet
• CABKA Group
• Schoeller Allibert
• Greystone Logistics
• IPG
Q5. Which plastic skid market segment will be the largest in future?
Answer: Lucintel forecasts that HDPE is expected to witness the higher growth over the forecast period.
Q6. In plastic skid market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the plastic skid market by type (HDPE and PP), application (food, medical, chemical, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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