Dunnage Trays Market Size & Share | Industry Trends Analysis Report for 2029

ByNiranjan karde

The global dunnage tray market is poised for substantial growth, with an ambitious target of reaching US$ 2.6 billion by 2029, driven by a robust Compound Annual Growth Rate (CAGR) of 4.3% between 2022 and 2029. Over the past few years, dunnage trays have gained significant traction, particularly in the automotive sector where they are employed to efficiently handle automotive parts on the shop floor.

In the automotive manufacturing process, robotic systems play a pivotal role by extracting components from dunnage trays and feeding them directly into the assembly line, enhancing production efficiency. Notably, there’s a notable shift towards reusable dunnage trays that are not only efficient but also 100% recyclable. These reusable trays are increasingly viewed as capital investments due to their sustainable and cost-effective nature.

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However, the dunnage tray market faces a competitive landscape with the emergence of substitutes such as foam inserts. These substitutes are challenging the market dynamics, potentially hindering its growth.

Recent market analysis by Future Market Insights reveals a significant surge of 20 basis share points (BPS) in H1-2022 when compared to H1-2021. Furthermore, there’s a noticeable 10 BPS increase in growth rate between the projected H1-2022 and the actual H1-2022 outlook. This growth is primarily attributed to the critical role dunnage trays play in limiting damages during transportation by absorbing shocks, maintaining goods’ moisture levels, and protecting them from damage, particularly valuable in the automotive sector. Ultimately, the growing adoption of robotic technology in manufacturing, especially in the automotive industry, continues to drive sales of customized dunnage trays.

Key Takeaways of Dunnage Trays Market Study

  •          Dunnage trays market has been witnessing significant growth in demand for custom-designed dunnage trays, with cavities that can be shipped and unloaded at the assembly line.
  •          Automotive industry remains the prominent end-use industry, followed by healthcare & pharmaceuticals, in global dunnage trays market.
  •          Polypropylene (PP) continues to be preferred over the high-density polyethene (HDPE) among manufacturers of dunnage trays. This is attributable to industry experts declaring polypropylene as a tough and robust material with suitable properties such as good heat & puncture resistance and strength for manufacturing dunnage trays.

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Key Segments: 

Material Type:

  •          Polypropylene (PP)
  •          Polyvinyl chloride (PVC)
  •          Thermoplastic polyurethanes (TPU)
  •          Acrylonitrile butadiene styrene (ABS)
  •          High-density polyethylene (HDPE)

End-use:

  •          Electrical & Electronics
  •          Healthcare & Pharmaceuticals
  •          Automobile
  •          Food & Beverage
  •          Agriculture
  •          Shipping & Logistics
  •          Manufacturing & Warehousing