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Global Paper Edge Protectors Market to Reach USD 4.8 Billion by 2034, Driven by 4.5% CAGR | Future Market Insights, Inc.
Paper Edge Protectors Market
A key segment contributing to this growth is solid bleached sulfate (SBS), which is projected to achieve a market valuation of USD 543.6 million in 2024 and grow to USD 792.7 million by 2034. SBS is widely favored in the pharmaceuticals and cosmetics industries due to its clean, white surface, which is ideal for branding and printing.
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The growing demand for eco-friendly and sustainable packaging solutions, particularly in industries such as pharmaceuticals, cosmetics, and food & beverage, is driving the market for paper edge protectors. The material's high strength, combined with its recyclability, makes it an ideal choice for product protection during shipping and handling.
Booming E-Commerce Industry Drives Demand for Paper Edge Protectors Market
The e-commerce industry, experiencing significant growth despite global economic challenges, is emerging as a key driver for the demand for packaging solutions. Among these, paper edge protectors are witnessing increased demand, particularly due to their importance in transit and protective packaging. As online shopping continues to rise, the need for reliable, lightweight, and rightsized packaging solutions to safeguard products during shipping has become more critical than ever.
With the growing trend of cross-border e-commerce and the global expansion of online retail, the use of paper edge protectors is expected to surge. These protectors offer an efficient way to ensure product safety during transportation across various geographical regions. Their lightweight structure, combined with their ability to fit snugly around products, makes them an ideal solution for protecting goods in transit, reducing damage, and minimizing waste.
Key Takeaways from the Paper Edge Protectors Market:
• The global revenue generated by paper edge protectors in 2023 was USD 2,932.3 million.
• Between 2019 and 2023, the paper edge protector industry recorded a CAGR of 3.0%.
• In Europe, the paper edge protector market is projected to offer an incremental opportunity of USD 288 million, growing at a 3.0% CAGR over the forecast period.
• The Indian market for paper edge protectors is set to expand 1.8x by 2024, reaching a valuation of USD 136 million.
• The United States is expected to hold a dominant 87.7% market share in North America through 2024.
• China's paper edge protector market is projected to witness robust growth, with a CAGR of 6.4% by 2034 in East Asia.
• The coated unbleached kraft segment is predicted to grow at a CAGR of 4.8% by 2034.
Competitive Landscape
Key players in the paper edge protectors market are investing in infrastructure and the creation of sustainable solutions such as recycled paperboard, as well as forming partnerships and adopting acquisition techniques to expand geographically.
Key Players of the Paper Edge Protectors Industry
• Smurfit Kappa Group PLC
• Packaging Corporation of America
• Sonoco Conitex
• N.A.L. Company, Inc.
• Konfida.
• Litco International, Inc.
• Kunert Gruppe
• Raja S.A.
• Eltete Oy
• Napco National
• Pacfort Packaging Industries
• Cordstrap B.V.
• VPK Packaging Group NV
• Signode Industrial Group (Crown Holdings)
• Romiley Board Mill
Recent Industry Developments in Paper Edge Protectors Market
• In July 2024, Macfarlane Group PLC acquired Polyformes Limited. This acquisition will boost the protective packaging business of the group.
• In February 2023, Corex (part of VPK group) completed the acquisition of Arteche Paper. This acquisition will help the company to further expand its geographical footprint.
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Key Segments of Paper Edge Protectors Industry
By Material Type:
In terms of material type, the industry is divided into solid bleached sulfate, coated unb. kraft, and recycled paperboard.
By Product Type:
In terms of product type, the industry is segregated into angular and round.
By End-use Industry:
The industry is classified by end-use industries as logistics & trans, warehousing, and manufacturing. Further manufacturing is sub-classified as food & beverage, build & construction, personal care & cosmetics, pharmaceuticals, electrical & electricals, chemicals, and others.
By Region:
Key countries of North America, Latin America, South Asia, East Asia, MEA, Europe and Oceania have been covered in the report.
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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