Growing E-commerce & Logistics Sector Influencing the Need for Single Piece Die Cut Box Packaging Market
Today’s consumer is impatient, and demand lot many varieties. Customization in packaging is driving the sales growth. Boxes share major part of the retail packaging market. As the customer demanding convenient and cost optimum packaging, solution lies in customization. Die cut boxes are made by cutting plane paper or plastic cardboard sheets on die presses or die cut machines. These single piece boxes can be given any shape and size according to customer requirements. After processing through die cut presses these boxes can be printed, labelled and decorated. Single piece die cut boxes can be used in food and beverage to pack bakery sweets, pizzas, wine bottles, vegetables etc.
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In ecommerce and logistics these are used to pack gifts, antiques, apparels, shoes, electronic items like watches and cell phones. In pharmaceuticals these boxes are used to pack medicines. These can be used in cosmetics & personal care. Single piece die cut boxes market is growing rapidly. Growing ecommerce & logistics sector influencing the need for single piece die cut box packaging.
Single Piece Die Cut Box Packaging Market: Market Dynamics
Today packaging is not just about storage, ease of handling and transporting goods from one location to other. The whole packaging concept moved to another level of packaging, i.e. consumer attraction & sales promotion. The logistics & ecommerce players constantly looking for ways to cut down shipping costs and to increase profit margins. Single piece die cut boxes serves this purpose the best. Shipping space wastage can be reduced in air cargo, trucks, rails and cars using these boxes. Although these boxes cost more compared to standard boxes, in shipping they save a bundle. Single piece die cut boxes also reduce the packaging cost, because the filling materials like foam are reduced. These are custom made according to product shapes and sizes, so the extra filling material in packaging is not necessary. Recent trends in packaging shows consumers are moving from rigid to flexible, which is a restraint for the growth of single piece die cut box packaging market. Complex packaging designs can be achieved using single piece die cut box packaging. Increasing volatility in raw material prices disturbing manufacturers’ safety of raw material supply or supply stability. Achieving just in time supply and meeting the delivery deadlines is the major challenge.
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Single Piece Die Cut Box Packaging Market: Market Segmentation
The global single piece die cut box packaging market can be segmented based on material, end use, product type and application. Based on material, the global single piece die cut boxes market can be segmented into paper, card board and craft paper. Based on end use, global single piece die cut boxes packaging market is segmented into food & beverages, pharmaceuticals, personal care & cosmetics, homecare. Based on product type, single piece die cut box packaging market can be segmented into corrugated and non-corrugated single boxes. Based on application, single piece die cut box packaging market is segmented into gift boxes, mailer boxes, display boxes, bin boxes and others. Food & beverages application segment expected to create highest demand for single piece die cut boxes packaging market.
Single Piece Die Cut Box Packaging Market: Regional outlook
Single Piece Die Cut Box Packaging Market has been segmented on the basis of region into North America, Latin America Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. Emerging markets in APEJ, MEA and Latin America are major contributors for the growth of Single Piece Die Cut Box Packaging Market. Availability of raw materials such as paper and paperboard and cheap labors in emerging economies of APEJ, Latin America and MEA are majorly influencing the single piece die cut boxes market in these regions. The driving factor is, rapidly growing food & beverages market in these regions. The APEJ region has witnessed twofold population growth in last decade, so almost 4 billion mouths to feed. Per unit manufacturing costs are very low in China, India and some of the Latin American countries.
Single Piece Die Cut Box Packaging Market: Key players
Some of the players in the global Single Piece Die Cut Box Packaging Market are RFC Container Company Ltd., Cactus Corrugated Containers Inc., Visy Glama Pty Ltd., Fitzpatrick Container Company, Packaging Source Inc, Dallas Container Corp., Tyoga Container Co Inc. and DeLine Box & Display.
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