As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Book Wraps market is expected to grow at a healthy CAGR during the forecast period (2021-2031). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales of Book Wraps Market in the coming 10 years.
The report conducts an in-depth analysis of factors causing the change in consumer behavior and purchasing patterns. It also provides refined sales projections to assist market players in identifying remunerative segments.
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The advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Book Wraps
With rising environmental concerns and the implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end-use industries.
In accordance with this, numerous packaging companies are shifting their focus of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, the introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, the emergence of intelligent packaging with the integration of artificial intelligence (AI), the internet of things (IoT), and data science have improved the demand for the Book Wraps market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling sales.
Key Book Wraps Market Takeaways and Projections
- The U.S. is expected to lead the North America Book Wraps market, projecting the fastest growth in the region between 2021 and 2031
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing a significant revenue share in the region through 2031.
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Report Benefits & Key Questions Answered
- Book Wraps Historical Market Analysis: The detailed survey by FMI examines key factors in the Book Wraps market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provides refined sales projections of the Book Wraps market for the forecast period 2021-2031.
- Book Wraps Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Book Wraps for the assessment period. As per the study, the demand for Book Wraps will grow at a robust CAGR between 2021 and 2031.
- Book Wraps Company & Brand Share Analysis: A recent study by FMI highlights a comprehensive list of leading market players and stakeholders in the global Book Wraps market. It examines the business execution, cost structure analysis, and supply chain analysis
- Book Wraps Market Trend Analysis: The latest study by FMI on the Book Wraps market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of the Book Wraps market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
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Who are the Key Manufacturers and Suppliers of Book Wraps?
Some of the prominent players in the book wraps are
- DS Smith Packaging Limited
- International Paper Company
- Corrugated Container Corporation
- Wisconsin Packaging Corporation
- Cascades Incorporated
- GWP Group Limited
- TGI Packaging Pvt. Ltd.
- Smurfit Kappa Group PLC
- Rengo Co., Ltd.
- Pratt Industries Inc.
- Packaging Corporation of America, Menasha Corporation
- Atlantic Corrugated Box
- Arabian Packaging Co LLC
- Klabin S.A.
- Mondi Group
- Georgia-Pacific LLC
- Westrock Company
- Saica Group
- Oji Holdings Corporation.
These players hold the majority of the global share in the market.
Key Segments
By Box Type:
- Bliss / Rigid Boxes
- Self-Erecting Boxes
- Telescope Boxes
- Slotted Boxes
- Others
By Size:
- Small
- Medium
- Large
By Region:
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East And Africa
- GCC Countries
- Other Middle East
- South Africa
- Other Africa
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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