Press release
Corner Boards Market 2021 Disclosing Latest Trends and Advancement Outlook 2027
The Corner Boards Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.Get a Sample Copy of this Report:
https://www.marketinsightsreports.com/reports/03112691513/global-corner-boards-market-research-report-2021/inquiry?Mode=namita
Top Leading Companies of Global Corner Boards Market are - Sonoco Products, Packaging Corporation of America, Signode Industrial Group (Crown Holdings), VPK Packaging Group, Kunert Gruppe (Paul & Co GmbH & Co KG), Cascades Inc, Primapack SAE, Konfida, Romiley Board Mill, Tubembal, Litco International, Smurfit Kappa, Cordstrap B.V, OEMSERV, Eltete Oy, Napco National, Pacfort Packaging Industries, N.A.L. Company, Spiralpack, Nanjing Hengfeng packaging Co., Ltd, and others.
Industry News and Updates:
Sonoco Completes Acquisition of Corenso Holdings America
HARTSVILLE, S.C., Aug. 09, 2019-- Sonoco (NYSE: SON), one of the most sustainable, diversified global packaging companies, today announced it completed the acquisition of Corenso Holdings America, Inc. from a company owned by investment funds advised by Madison Dearborn Partners, LLC, and management for $110 million in cash.
Corenso Holdings America (CHA) is a leading U.S. manufacturer of uncoated recycled paperboard (URB) and high-performance cores used in the paper, packaging films, tape, and specialty industries. CHA produced net sales of approximately $75 million in 2018 and operates a 108,000-ton per year uncoated recycled paperboard mill in Wisconsin Rapids, Wis., as well as two core converting facilities in Wisconsin Rapids and Richmond, Va., which combined employ approximately 175 associates.
The acquisition of Corenso Holdings America is expected to be modestly accretive to Sonoco’s earnings in 2019 and there are no expected planned changes in operating leadership and customer relationships. Sonoco funded the transaction using available cash and short-term borrowings. CHA’s financial results will be reported within Sonoco’s Paper/Industrial Converted Products segment.
Market Overview:
Pallet corner boards are protective packaging strips which are used for providing safety while shipping products in cans, pails, drums, kegs, etc. The main purpose of pallet corner boards is to stop the pallets from collapsing with the corner boards. By using pallet corner boards, the consumers can able to reduce the chances of costly damage while the product is being transited or being stored. Pallet corner boards are mainly of paperboard and plastic. Out of which paperboard is normally used due to its 100% recyclable and disposable ability. Consumers are always concerned about the safety of their products as a result of which the demand for pallet corner board has increased tremendously in recent few years. Even the logistics company find the paperboard to be the most convenient material for pallet corner board.
On The Basis of Types:
L Type Corner Boards
U Type Corner Boards
Other
On The Basis of End Users/Applications:
Food & Beverage
Building & Construction
Personal Care & Cosmetics
Pharmaceuticals
Electrical & Electronics
Chemicals
Others
Some of the key questions answered in this report:
What is the rate of market growth, growth momentum or acceleration market at the time of forecasting?
What are the key factors that drive the Corner Boards market?
What was the size of the emerging Corner Boards market by price in 2021?
What will be the size of the emerging Corner Boards market in 2026?
Which region is expected to hold the highest market share in the Corner Boards industry?
What trends, challenges and barriers will affect the development and size of the Global Corner Boards market?
What is sales volume, revenue, and value analysis of top Key competitors of Corner Boards market?
What are the Corner Boards market opportunities and threats faced by the vendors in the global Corner Boards Industry?
Browse Full Report at:
https://www.marketinsightsreports.com/reports/03112691513/global-corner-boards-market-research-report-2021?Mode=namita
What Are the Market Factors That Are Explained in The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Global Corner Boards Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
- 15% customization equal to 60 analyst hours.
CONTACT US:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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