Press release
Envelope Paper Market Competitor Landscape and Forecasts till 2031
Window cake boxes double up as a suitable storage and display solution for bakery products. These boxes are usually lined with greaseproof papers or coatings which helps in protecting the products during short-distance transport and storage. Window cake boxes are available with both hinged lids and removable lids. Hinged lid window cake boxes are likely to lead the chart in the global window cake box market, as these boxes are more convenient to use.Boxes are the most preferred packaging format for storing cakes. Transparency of a package is often perceived as an indication of the quality of the product. Thus, window cake boxes are used for the packaging of cakes. These boxes are suitable for the packaging of bakery goods where product differentiation is at the epicenter of manufacturers' focus.
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The sustainable and consumer-friendly attributes of window cake boxes are the key factors driving the global sales of window cake boxes. Consumers tend to incline towards window boxes as windows add an aesthetic appeal to the package, and helps the consumer in making purchase decisions. According to independent surveys, more than 50% of the consumers make food-related purchase decisions at the point of purchase, which is likely to be influenced by the aesthetics of the packaging. Also, re-closability and ease of carrying remain decisive factors while purchasing packaged goods. This consumer behavior is likely to offer lucrative opportunities to the global window cake box market through 2029.
Moreover, window cake boxes can be printed easily, which allows the manufacturers to build brand image among the consumer base. Other decorations such as embossing, printing, etc. can also be done on the window cake box surface to enhance shelf visibility. The aforementioned factors are expected to boost the worldwide sales of window cake boxes.
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Regional Outlook
Geographically, Europe is expected to lead the global window cake box market through 2029. This can be attributed to the high per capita consumption of cakes and other bakery products in the region. Furthermore, window cake boxes with hinged lids are projected to have a positive outlook in the U.S. and Canada, owing to the convenience offered by them. Consumers in these countries also tend to incline towards printed window cake boxes with sophisticated decorations such as embossing, digital printing and more. This can be achieved by employing different coatings, colors, and designs.
Countries in the Asia Pacific region are anticipated to exhibit rewarding growth opportunities for window cake box market, which can be attributed to rising penetration of organized retail sector along with emerging demand for customized cake boxes for decorative purposes.
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Key Players & Market Structure Analysis
Some of the key players operating in the window cake box market are Graphic Packaging International, LLC, Emenac Packaging, BRP Box Shop, Refine Packaging, Enterprise Folding Box Co., Inc., Victory Packaging, WPackaging, and Southern Champion Tray among others.
The global window cake box is estimated to be a highly fragmented market, with several players operating in regional markets. Furthermore, the presence of several players has made the market highly competitive. Thus, the bargaining power of suppliers is likely to remain low to moderate in developed markets while it might be low for regional players, as the regional market houses several players.
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