Pallet boxes are among the most important paraphernalia used in warehouses or in most manufacturing facilities. Demand for pallet boxes as a flat transport structure, which protects the consignment during the shipment, has always remained high across the manufacturing industry. This makes a major impact on the growth prospects of the pallet boxes market. The rapidly widening range of its end-use applications across various industrial sectors is the primary driver for the excellent growth of the pallet boxes market.
End-users have become more aware of their specific needs associated with pallet boxes, and thereby, they are making more critical purchasing decisions. Various features of pallet boxes such as cost-efficiency, durability, sustainability, safety, and flexibility are among the important factors influencing consumers’ purchasing decisions. This is influencing major strategies of the stakeholders in the plastic pallet boxes market. Eventually, to address the dynamic end-user demands, manufacturers in the pallet boxes market have started to introduce pallet boxes manufactured using innovative materials. Wood, paper, and plastic are among the most popular materials used to manufacture pallet boxes by a majority of manufacturers in the pallet boxes market.
Pallet Boxes Market: Why is Plastic a More Popular Choice than Wood?
Though wood pallet boxes are strong and reliable, they are costly and heavy. In addition, wood is highly susceptible to fire hazards, which is another important reason why demand for wood pallet boxes is low across various industrial sectors. Also, wood pallet boxes are cannot be completely cleaned; they can easily harbor bacteria and fungus. This makes them less suitable to be used in certain industrial sectors such as pharmaceuticals, healthcare, food & beverage, and chemicals. And most importantly, an increasing amount of trees being cut for manufacturing wooden pallet boxes is one of the leading concerns that have hampered the demand for wooden pallet boxes. This is playing an important role in shaping the dynamics of the pallet boxes market.
On the contrary, plastic pallet boxes can be manufactured using recycled materials while plastic in pallet boxes can be easily recycled as well. Thereby, unlike wooden pallet boxes, the manufacturing of plastic pallet boxes poses less harm to the environment. With the growing environmental concerns across the world, end-users are more inclined towards purchasing products that support sustainability. Though plastic is considered a threat to the environment, in the pallet boxes market, it has become an environment-friendly choice for end-users across various industrial sectors. Increasing awareness about the negative environmental impact of using wooden pallet boxes and sustainability benefits of plastic pallet boxes is boosting demand for the latter. This is expected to result in redefining the leading growth prospects of the pallet boxes market in the coming future.
Apart from the sustainability aspect, there are many benefits of choosing plastic over wood as the main raw material used to manufacture pallet boxes. Primarily, plastic is much cheaper than wood, which makes plastic pallet boxes highly cost-effective. Plastic pallet boxes are approximately 30-35% lighter than wooden boxes yet are equally strong and sturdy, which makes them more convenient. This also leads to reducing distribution and transportation costs to a greater extent. Plastic is moisture-resistant and chemical-resistant, hence is more hygienic and durable than wood, making plastic pallet boxes suitable for a wider range of industrial applications.
Eventually, plastic is being used more widely as compared to wood to manufacture pallet boxes, which marks an important trend in the pallet boxes market. With the recent rise in environmental concerns and demand for highly sustainable products, plastic pallet boxes are likely to remain a favorite choice for end-user industries in the coming years
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