Pallet Wrap Industry Analysis in Western Europe

An In-depth Analysis of Pallet Wrap in Western Europe from (2024 to 2034)

Sale of pallet wrap in Western Europe is predicted to be USD 1,582.0 million in 2024, up from USD 1,539.0 million in 2023. The demand for pallet wrap is expected to progress consistently over the period from 2024 to 2034, with a CAGR of 2.5%. By 2034, the sale of pallet wrap is estimated to have increased to USD 2,018.4 million.

Key Insights for Pallet Wrap in Western Europe

• Pallet wrap is recognized as a convenient packaging solution. With the increase in industrial production across Western Europe, raising the demand for packaging, pallet wrap is in high demand too.
• Industrial players in Western Europe are enamored with the safety and flexibility provided by pallet wrap. Thus, the use of pallet wrap to package large goods and shipments is common in Western Europe.
• There are stringent laws regarding the use of plastic in Western Europe, courtesy of bodies like the European Union. As plastic is one of the primary materials for making pallet wrap, there is an obstacle in the path of the packaging material in Western Europe.

Attributes	Details
Industry Size for Western Europe in 2024	USD 1,582.0 million
Expected Industry Size for Western Europe by 2034	USD 2,018.4 million
Forecasted CAGR between 2024 to 2034	2.5%

Key Trends Shaping the Demand for Pallet Wrap in Western Europe

• The rise in online shopping has led to an increased need for packaging material. Thus, the proliferation of the e-commerce sector across Western Europe is having a positive impact on pallet wrap demand.
• Increased operational costs are set to hinder the growth of pallet wrap in Western Europe. The process of pallet wrapping large shipments of goods can be quite cumbersome and lead to inflated costs.
• Aside from large-scale packaging needs, pallet wrap is also serving small-scale needs in Western Europe. Mini pallet wrap is being used in Western Europe as packaging material for small goods.
• There is a shortage in the trained labor workforce in Western Europe. Pallet wrap, which is associated with heavy machinery and large shipments, requires trained professionals for application. Thus, the shortage of trained labor is set to hinder the progress of pallet wrap.
• Addressing the environmental impact of plastic, manufacturers are turning to eco-friendly solutions. Western European giants are investing significant sums of money to develop sustainable materials instead of plastic for pallet wrap.

Category-wise Insights

Fast Production Process of Machine Rolls Sees the Product Gain the Edge Over Hand-wrapped Rolls

Pallet wrap done through machines dominates the product type segment. For 2024, machine rolls are expected to hold 61.8% of the industry share.

As opposed to hand wrap rolls, machine rolls require less human effort. With the mechanization of industries in Western Europe, industrialists are preferring machine rolls.

Demand for Pallet Wrap in Western Europe Based on Product Type	Machine Rolls
Industry Share in 2024	61.8%

Food & Beverage is the Industry Where Palled Wrap is Used Frequently

Pallet wrap is typically used as packaging material for food & beverage. For 2024, the food & beverage sector is anticipated to account for 40.2% of the industry share by end use.

Food consumption is rising in Western Europe, with trends like premium dining and online ordering set to further propel the food & beverage sector. Pallet wrap is being used as packaging material for the increasing quantities of food being produced in Western Europe.

Demand for Pallet Wrap in Western Europe Based on End Use	Food & Beverage
Industry Share in 2024	40.2%

Country-Wise Analysis

Countries	CAGR (2024 to 2034)
France	2.3%
United Kingdom	2.6%
Germany	2.0%
Netherlands	3.1%
Italy	2.4%

High Amount of Local Manufacturers Lead to Demand for Pallet Wrap in the Netherlands

The Netherlands is one of the leading countries in Western Europe for pallet wrap. The CAGR for the Netherlands over the 2024 to 2034 forecast period is predicted to be a solid 3.1%. There are a high number of local companies in the Netherlands dealing with pallet wrap. Local suppliers like Matco International and Contimeta keep the demand flowing in the Netherlands.

Online Sale of Small Pallet Wrap Products is Increasing in the United Kingdom

The eCommerce boom is leading to increased sales of small-scale and mini pallet wrap in the United Kingdom. Thus, in addition to factory use, pallet wrap is also finding usage among consumers in the United Kingdom. For the forecast period, the estimated CAGR for the United Kingdom is a commendable 2.6%.

Pallet Wrap is Getting Exported in Large Quantities from Italy

Pallet wrap produced in Italy is not only being used in local industries. Pallet wrap produced in Italy is also being exported for use in other countries with rising frequency. For the forecast period, the expected CAGR for the industry in Italy is a respectable 2.4%.

Sustainable Practices Lead to Popularity of Pallet Wrap with Non-plastic Material in France

Individuals in France are increasingly turning toward sustainable practices, encouraged by the government. Industrial practices are also shifting toward sustainability. Thus, pallet wrap made from sustainable material is gaining popularity across France. For the forecast period, the predicted CAGR for France is a steady 2.3%.

Competitive Landscape

There are several local manufacturers in Western Europe for pallet wrap. In addition to supplying local industries, export is also engaged in by Western European manufacturers.

In the wake of increasing regulation from authorities, Western European manufacturers are increasingly turning toward sustainability. Partnerships are being struck between firms to pool the knowledge of the players and improvise better sustainability solutions.

Recent Developments Observed in Pallet Wrap in Western Europe

• In September 2023, industry giants Mondi and Robopac joined forces to create a kraft paper-based pallet wrap.
• In May 2023, Mondi extended its kraft paper pallet wrap capabilities to the plants of the companies Silbo and EW Technology.

Some of the Key Players with Pallet Wrap in Western Europe

• Intertape Polymer Group Inc.
• Berry Global Inc.
• Scientex Berhad
• Aep Industries Inc.
• Sigma Stretch Film Corp.
• Coveris
• Rosenflex (United Kingdom) Limited
• Polifilm GmbH
• Anchor Packaging Inc.
• Paragon Films Inc.

Scope of the Report

Attribute	Details
Estimated Industry Size in 2024	USD 1,582.0 million
Projected Industry Size by 2034	USD 2,018.4 million
Anticipated CAGR between 2024 to 2034	2.5% CAGR
Historical Analysis of Demand for Pallet Wrap in Western Europe	2019 to 2023
Demand Forecast for Pallet Wrap in Western Europe	2024 to 2034
Report Coverage	Industry Size, Industry Trends, Key Insights for Pallet Wrap in Western Europe, Insights on Global Players and Leading Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western European Providers
Key Companies Profiled	Intertape Polymer Group Inc.; Berry Global Inc.; Scientex Berhad; Aep Industries Inc.; Sigma Stretch Film Corp.; Coveris; Rosenflex (United Kingdom) Limited; Polifilm GmbH; Anchor Packaging Inc.; Paragon Films Inc.
Key Countries Analyzed	United Kingdom, Germany, France, BENELUX, Sweden, Norway, Denmark, Italy, Spain

Key Segments

By Product:

• Hand Wrap Rolls
• Machine Rolls

By Film:

• Blown Film
• Cast Film

By Material:

• Polyethylene
  • LLDPE
  • LDPE
  • HDPE
• Polyethylene
• Polypropylene
• Polyethylene Terephthalate
• Polyamide
• PVdC

By End Use:

• Food & Beverages
• Pharmaceuticals
• Chemicals & Fertilizers
• Personal Care & Cosmetics
• Consumer Goods
• Automotive
• Electrical & Electronics

By Country:

• United Kingdom
• Germany
• France
• BENELUX
• Sweden
• Norway
• Denmark
• Italy
• Spain

Frequently Asked Questions

What is the Industry Size of Pallet Wrap in Western Europe?

The industry size of pallet wrap in Western Europe is estimated to reach USD 1,582.0 million in 2024.

At What Rate is Pallet Wrap Growing in Western Europe?

Pallet wrap is estimated to grow at a steady rate of 2.5% in Western Europe from 2024 to 2034.

What is Driving the Demand for Pallet Wrap in Western Europe?

Increasing industrial production and innovations in the product are driving the demand for pallet wrap in Western Europe.

What is the Preferred Product Type in Pallet Wrap in Western Europe?

Machine rolls are the preferred product type in Western Europe.

What is the Common End User of Pallet Wrap in Western Europe?

Pallet wrap is commonly used for food & beverage packaging in Western Europe.