PUBLISHER: The Insight Partners | PRODUCT CODE: 1592629
PUBLISHER: The Insight Partners | PRODUCT CODE: 1592629
The Middle East & Africa slip and tier sheets market was valued at US$ 49.11 million in 2023 and is expected to reach US$ 63.38 million by 2031; it is estimated to register a CAGR of 3.2% from 2023 to 2031.
Increasing Use of Slip and Tier Sheets in Various Industries Bolster Middle East & Africa Slip and Tier Sheets Market
Slip sheet is a thin and lightweight alternative to wood pallets. Slip sheets are much lighter than pallets and using them for transportation or storage is much easier. It saves space over traditional pallets, allowing the user to export more products. Hence, reduced storage space and a lightweight design of slip sheets help to reduce transportation costs. Slip sheets also help to reduce fuel emissions as they are lighter to transport than wood pallets. It is easily recyclable, eco-friendly, versatile, and can be used in cold and humid environments.
Further, there is a high risk of infestations of rodents and contamination from the pallets. However, due to the slip sheet's thinness, rodents fail to occupy the area under it, leading to a cleaner warehouse. Users can easily discard the slip sheet and avoid contamination buildup over time. Also, slip sheets are becoming highly popular as companies realize their potential for return on investment. Thus, the benefits of using slip sheets over pallets are leading to increased product demand across different end-use industries.
Middle East & Africa Slip and Tier Sheets Market Overview
Slip sheets are recyclable and more environmentally friendly than traditional wooden pallets, which are discarded in landfills. Tier sheets are also recyclable and can be made from 100% recycled paper. Many companies are taking various actions to offer greener packaging solutions. Making logistics greener allows the companies to remain competitive in the market. Various companies and industries are increasingly focusing on using green and sustainable packaging solutions, such as slip and tier sheets, in their product's shipping and logistics to reduce carbon footprints. In addition, various rules, regulations, and initiatives are encouraging the use of sustainable packaging products across different regions.
Middle East & Africa Slip and Tier Sheets Market Revenue and Forecast to 2031 (US$ Thousand)
Middle East & Africa Slip and Tier Sheets Market Segmentation
The Middle East & Africa slip and tier sheets market is categorized into material, end-use industry, and country.
Based on material, the Middle East & Africa slip and tier sheets market is segmented into kraft paperboard, corrugated fiberboard, high density polyethylene (HDPE), and others. The kraft paperboard segment held the largest share of Middle East & Africa slip and tier sheets market share in 2023.
In terms of end-use industry, the Middle East & Africa slip and tier sheets market is segmented into food & beverage, consumer electronics, chemicals, pharmaceuticals, retail, and others. The food & beverage segment held the largest share of Middle East & Africa slip and tier sheets market in 2023.
By country, the Middle East & Africa slip and tier sheets market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa slip and tier sheets market share in 2023.
Signode Industrial Group LLC, WestRock Co, Eltete TPM Oy, and Sonoco Products Co are some of the leading companies operating in the Middle East & Africa slip and tier sheets market.