Market Forecast by Countries (United States, Canada), By Type (Pallets, Boxes and Bins, Crates and Cases, Spools, Dunnage, Others), By Application (Food & Beverages Storage, Transportation, Industrial, Shipping, Others) And Competitive Landscape
Product Code: ETC406662 | Publication Date: Dec 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
North America Wooden Packaging Market is projected to grow at rapid rate primarily due to the increasing awareness about the environmental benefits of using wooden packaging, stringent laws governing plastic waste generation, and rising demand from chemical and food industries. Additionally, rising disposable income, rising food inflation, and growing health consciousness are some of the factors fuelling the North America Wooden Packaging Market growth over the forecast period. The wooden packaging is sustainable and environment friendly which is augmenting the demand for overall packaging market. The increasing awareness about environmental concerns further boosting the growth of the North America Wooden Packaging Market in the upcoming years. However, the market is restrained by the limited availability of wood resources, high cost of wood, and lack of awareness about the benefits of using wood as a packaging material among consumers.
According to 6Wresearch, North America Wooden Packaging Market is expected to grow during 2022-2028. The growth of the North America Wooden Packaging Market is mainly attributed to increasing awareness about environmental benefits associated with using wooden packaging, growing demand from food & beverage industry, technological advancements, and stringent laws governing plastic waste generation. However, the high costs associated with manufacturing wooden boxes and cartons could obstruct the growth of this market in the forthcoming years. Nevertheless, there are several opportunities in the wooden packaging market such as increased use of natural wood products and increased demand from the industrial segments. The key drivers of the market growth are the increasing demand for eco-friendly packaging materials and increasing adoption of e-commerce platforms. Furthermore, rise in health consciousness among consumers and increasing preference for natural and organic foods are other major drivers for the North America Wooden Packaging Market size.
The outbreak of COVID-19 has led to a slight decline in the demand for wooden packaging from various end-use industries such as construction, furniture, food & beverage, and others. The unprecedented lockdown measures imposed by government authorities has disrupted the supply chain of raw materials and finished products. Consequently, this has halted the production and leads to an increase in prices of wood products. Moreover, the slowdown in economic activity and disruption to global supply chains hindered the North America Wooden Packaging Industry growth to a great extent. However, the market is expected to recover and grow during the forecast period.
In terms of Application, the market is bifurcated into Food & Beverages Storage, Transportation, Industrial, Shipping, and Others. The food & beverage storage segment is dominating the North America Wooden Packaging Market share as this industry is one of the major consumers of wooden packaging in North America. The increasing popularity of natural products and increasing awareness about healthy eating habits among consumers is likely to drive the demand for eco-friendly packaging in this sector.
The competitive landscape in the North America Wooden Packaging Market is dominated by a few key players. These players have been able to maintain their positions due to their superior product offerings and competitive pricing strategies. However, new entrants are likely to challenge these incumbents in the near future. Moreover, the design features offered by most of the competing players are generally attractive and help them stand out from the competition.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Wooden Packaging Market Overview |
3.1 North America Country Macro Economic Indicators |
3.2 North America Wooden Packaging Market Revenues & Volume, 2020 & 2030F |
3.3 North America Wooden Packaging Market - Industry Life Cycle |
3.4 North America Wooden Packaging Market - Porter's Five Forces |
3.5 North America Wooden Packaging Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 North America Wooden Packaging Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 North America Wooden Packaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Wooden Packaging Market Trends |
6 North America Wooden Packaging Market Segmentations |
6.1 North America Wooden Packaging Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 North America Wooden Packaging Market Revenues & Volume, By Pallets, 2020-2030F |
6.1.3 North America Wooden Packaging Market Revenues & Volume, By Boxes and Bins, 2020-2030F |
6.1.4 North America Wooden Packaging Market Revenues & Volume, By Crates and Cases, 2020-2030F |
6.1.5 North America Wooden Packaging Market Revenues & Volume, By Spools, 2020-2030F |
6.1.6 North America Wooden Packaging Market Revenues & Volume, By Dunnage, 2020-2030F |
6.1.7 North America Wooden Packaging Market Revenues & Volume, By Others, 2020-2030F |
6.2 North America Wooden Packaging Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 North America Wooden Packaging Market Revenues & Volume, By Food & Beverages Storage, 2020-2030F |
6.2.3 North America Wooden Packaging Market Revenues & Volume, By Transportation, 2020-2030F |
6.2.4 North America Wooden Packaging Market Revenues & Volume, By Industrial, 2020-2030F |
6.2.5 North America Wooden Packaging Market Revenues & Volume, By Shipping, 2020-2030F |
6.2.6 North America Wooden Packaging Market Revenues & Volume, By Others, 2020-2030F |
7 North America Wooden Packaging Market Import-Export Trade Statistics |
7.1 North America Wooden Packaging Market Export to Major Countries |
7.2 North America Wooden Packaging Market Imports from Major Countries |
8 North America Wooden Packaging Market Key Performance Indicators |
9 North America Wooden Packaging Market - Opportunity Assessment |
9.1 North America Wooden Packaging Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 North America Wooden Packaging Market Opportunity Assessment, By Application, 2020 & 2030F |
10 North America Wooden Packaging Market - Competitive Landscape |
10.1 North America Wooden Packaging Market Revenue Share, By Companies, 2023 |
10.2 North America Wooden Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |