Tarpaulin Sheets Market Outlook
The tarpaulin sheets market is expected to register a substantial CAGR during the projected period. Market players are working towards providing several features such as lightweight, fire retardant, protective UV stabilized on both sides, and easily repairable & cost-efficient.
Conversely, the adverse impact of plastic on the environment can create a bottleneck for the tarpaulin sheets market growth. According to a research report, only 10% of plastic is recycled in the overall plastic waste produced worldwide. This is compelling regulators in several nations to ban the use of plastic. Additionally, recycling is a complicated and non-economical process that is not considered feasible in several sectors. To settle the issue, market players have come up with some best alternatives such as 100% recyclable, eco-friendly HDPE Poly Tarpaulins.
Covid-19 has certainly posed severe threats on the market as a result of reduced production and social distancing measures. While the tarpaulin sheets market is anticipated to gain momentum as these are irreplaceable commodities and the agricultural sector brining incremental prospects soon.
With the ease in the lockdown restrictions, infrastructural projects are anticipated to offer tremendous scope since it offers excellent protection against bad weather conditions. Further, the post-COVID-19 world is expected to be more sensitive towards material consumption to determine lesser landfills pressure as well as the greenhouse effect.
Tarpaulin producers, who are essentially using plastic, will seek ways to serve the urgent requirement of the healthcare sector with their abilities. Refocusing business models on the crisis at large will be the way ahead for the market.
Further the logistics & warehouse market has taken a huge hit as a result of the outbreak. Tarpaulin is utilized by truckers to cover the transported goods over long distances to avert negative weather impact. However, partial shutdowns have affected this segment. Furthermore, e-commerce disruption has also directed towards a drop in the usage of tarpaulin, which is utilized for covering and storage.
Manufacturers to Focus on Tarpaulin Sheets for Agriculture-specific Applications
Tarpaulin manufacturers offer tarpaulin rolls/sheets made of materials such as polyethylene (PE) and polyvinyl chloride (PVC) designed for clients for various end-use industries. Tarpaulin sheets are widely used in the agriculture sector as it is a heavy duty and waterproof fabric, which makes it an ideal solution to protect both produce and equipment from extreme weather conditions.
A shift from use of traditional farming methods to use of advanced technology and equipment in developing countries such as India, China, ASEAN countries, and Brazil is anticipated to boost adoption of tarpaulin sheets such as greenhouse shed nets to aid cultivation. Structures from tarpaulin sheets also serve as temporary shelter for livestock & silage during both hot and cold weather conditions. Moreover, use of tarpaulin sheets has reduced agricultural wastage.
Tarpaulin Sheets Market: Structure Analysis
Key players operating in the tarpaulin sheets market are Tan Dai Hung Plastic JSC., Gia Loi JSC., Tu Phuong Tarpaulin, KSA Polymer, K-TARP VINA Co. Ltd., Vietnam Hoa Ha Co. Ltd., Fulin Plastic Industry Co., Ltd., C&H Tarps Co., Ltd., Veer Plastics, Bag Poly International, Maha Shakti Polycoat., Tara Tradelink, Canadian Tarpaulin Manufacturers Ltd., Cunningham Covers., J Clemishaw 1870 Ltd., Tarpaulins Direct (UK) Limited., I & M Tarpaulins Ltd., Rhino UK., Del Tarpaulins Ltd., Telford Tarpaulins Limited., Polytex S.A., B&B Tarpaulin Sheets LLC., A & B Canvas Australia, Darling Downs Tarpaulins, Marson Industries Pty Ltd., JK Plastopack Pvt Ltd., German Hanger, Dolphin Impex, Rainproof Exports Pvt. Ltd., Zhejiang MSD New Material Co., Ltd., Shantou Wanneng Industrial Co., Ltd., and Qingdao SG Global Packaging Co., Ltd.
- Tier-1 players in the tarpaulin sheets market are characterized by high volume production, strong network of wholesalers and retailers, and export to other countries. Puyoung Industrial Corporation, Ltd., Fulin Plastic Industry Co., Ltd., Zhejiang Msd New Material Co., Ltd., Veer Plastics Private Limited are tier-1 companies. Product development and expansion are the key strategies used by tier-1 companies in the past five years.
- In April 2016, Puyoung Ind. Co., Ltd. acquired Harnois Shelters, a leading Canada-based brand of shelter and storage products. This acquisition is expected to help company to increase its sales in North America region.
- Tier-2 players refer to manufacturers in the tarpaulin sheets market with the ability to surpass or achieve tier-1 market position in the next ten years. Product introduction is a key strategy adopted by tier-2 players in the tarpaulin sheets market.
- Tier-3 players are companies with a limited product portfolio of tarpaulin sheets, and their customer base is restricted to their domestic markets.
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FREQUENTLY ASKED QUESTIONS ABOUT TARPAULIN SHEETS MARKET
What is the global status of the tarpaulin sheets market?
The global tarpaulin sheets market is estimated to register a substantial CAGR during the forecast period of 2019-2028. The tarpaulin sheets market is expected to grow by 1.5x of its current market value by 2028.
Which type of tarpaulin sheets are highly preferred by end users?
As per FMI research, the hoarding tarps segment is expected to hold a significant share in the global tarpaulin sheets market during the forecast period of 2019-2028.
Which end-use industry offers potential growth opportunities for manufacturers?
Agriculture is the prominent end use industry followed by building & construction, storage, and warehousing & logistics; and was estimated to hold around 2/7th of the market share in the global tarpaulin sheets market in 2019.
Which country offers substantial growth opportunities?
Countries in the Asia Pacific such as China and India are expected to create maximum incremental revenue opportunities during the forecast period of 2019-2028. The Asia Pacific tarpaulin sheets market is expected to be driven by the strong export orientation and manufacturing capabilities of players in China and India.
What is the degree of competition in the tarpaulin sheets market?
The global tarpaulin sheets market is fragmented. Puyoung Industrial Corporation, Ltd., Fulin Plastic Industry Co., Ltd., Zhejiang Msd New Material Co., Ltd., and Veer Plastics Private Limited are the top manufacturers holding an estimated share of 5-10% in the global tarpaulin sheets market.
What are the key factors shaping the dynamics of the tarpaulin sheets market?
During the course of logistics & transportation, tarpaulins sheets are used to cover food and other goods from direct sunshine, rain, and snowfall. Small- and medium- scale farmers readily make use of tarpaulin sheets such as greenhouse shed nets to improve farm cultivation.
Which region is expected to generate the highest sales in the tarpaulin sheets market?
The APEJ region, with countries like China, South Korea, India, and Vietnam, is expected to be the leading contributor to growth of the tarpaulin sheets market. Countries in the APEJ region, such as China & India, have witnessed rapid growth in urbanization over the past decade. Increased penetration of cement & ash concrete construction has boosted consumption of heavy-duty and waterproof fabrics such as tarpaulin in this region.
Tarpaulin Sheets Market Report Scope
Historical Data Available for
US$ Mn for Value and Tons for Volume
Key Regions Covered
North America, Europe, Latin America, East Asia, South Asia, Oceania, and Middle East & Africa (MEA)
Key Countries Covered
U.S, Canada, Mexico, Brazil, Peru, Chile, Poland, Germany, Italy, Spain, United Kingdom, Nordic Region, Benelux, Rest of Europe, China, India, Japan, Korea, Indonesia, Malaysia, Singapore, Taiwan, Thailand, Rest of South Asia, Australia, New Zealand, GCC, Turkey, South Africa, and Rest of MEA
Key Segments Covered
Material type, Product Type, Product Weight, Lamination Type, End Use and Region
Key Companies Profiled
Market Overview, Key Market Trends, Key Success Factors, Demand Analysis, Market Background, COVID-19 Analysis, Segmental Analysis, Regional Profiling, Market Structure & Competition Analysis
Customization & Pricing
Tarpaulin Sheets Market: Segmentation
The global tarpaulin sheets market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to readers.
- Polyethylene (PE)
- Poly Vinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
- Polyamide (PA)
- Insulated Tarps
- Hoarding Tarps
- Truck Tarps
- UV Protected Tarps
- Sports Tarps
- Mesh Tarps
- Less than 100 GSM
- Between 100 to 300 GSM
- Between 300 to 600 GSM
- Above 600 GSM
- Up to 2 Layers
- 3 Layers Laminate
- 4 Layers Laminate
- Above 4 Layers
- Building & Construction
- Storage, Warehousing & Logistics
- Consumer Goods
- North America
- Latin America
- Western Europe
- Eastern Europe