Press release
Simple forecasting and analysis by top key players of the paper edge protector market by 2030
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The main player featured in the report is the Smurfit Kappa Group PLC. , Packaging Corporation of America, Sonoco Products Company, Rengo Co., Ltd., Pratt Industries, Inc. , And VPK Packaging Group NV, Cascades Inc., Raja SA, Napco National, Cordstrap BV, Signode Industrial Group (Crown Holdings), Pactiv LLC, NAL Company, Inc., Primapack SAE. , Konfida. , Litco International, Inc., Kunert Gruppe, Eltete Oy, Pacfort Packaging Industries, Romiley Board Mill, and many others. These players are estimated to hold nearly 20% market share in the global market in 2020.
In addition, paper edge protectors allow manufacturers, distributors and suppliers to stack products and improve the efficiency of their supply chain networks. Due to these advantages, the demand for paper edge protectors can surge significantly during the forecast period.
Coupled with changes in the industry trend of the "sustainable packaging solutions, that the recycling rate of paper protective packaging solutions for the entire continent has been rapidly rising, is expected to boost the growth of the market. In addition, manufacturers The market outlook looks promising as we strive to achieve efficient and cost-saving supply chain management, "said FMI analysts.
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Key segment
By product type
Angular
round
By material type
Solid bleached sulfuric acid salt (SBS)
Coated unbleached kraft paperboard
Recycled paperboard
End use
Logistics and transportation
Warehouse storage
manufacture
Food and beverages
Architecture/Construction
Key points from the paper edge protector market
Demand for angular paper edge protectors has increased in recent years to provide maximum protection for the edges and corners of carton boxes. This segment is expected to generate US $ 440 million in incremental revenue opportunities by 2025.
Recycled paperboard as a material can experience unmatched demand in the paper edge protector market, especially from the logistics and transportation industries. Quality such as high impact resistance to avoid edge damage due to straps boosts demand
The logistics and transportation end-use industries are estimated to account for nearly 41% of the market share in 2020 due to the expansion of the retail and e-commerce industries.
Rapid industrialization to drive demand for paper edge protectors
Rapid industrialization around the world has created new opportunities in the paper edge protector market. With the help of growing supply chain features, manufacturers are exploring new regions to harness the potential of the market. Global leaders are shifting their manufacturing bases to Asian countries in order to achieve cheap labor and high growth.
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Impact of COVID-19 on the paper edge protector market
The logistics and transportation industry is one of the key services in the urbanized and interconnected world. To contain the coronavirus outbreak, most countries around the world had to close their borders until mid-2020, considering limited transport. This has created barriers to the transportation of consumer goods and many other products.
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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