The corrugated fanfold market is anticipated to grow at a CAGR of 4.3% over the course of the projected period. In 2022 and 2032, the market is projected to be valued US$ 10,456.7 Mn and US$ 15,930.9 Mn, respectively.
Finding an affordable and environmentally friendly packaging solution is of the utmost significance, which is why the demand for corrugated fanfold packaging has been excellent in recent years. To protect products from damage, a long sheet of corrugated cardboard known as a fanfold is frequently employed.
The corrugated fanfold packaging is a wonderful option since it offers a cost-effective and environmentally friendly packaging solution, which is of the utmost importance. Long corrugated cardboard sheets called fanfold are typically used to package and protect a variety of products. In accordance with the needs of the customer, a corrugated fanfold is a continuous cardboard product that offers a flexible packaging solution to provide multiple packaging characteristics in various sizes.
A corrugated fanfold may be folded neatly and appropriately since it is like a fan that comes in a long sheet of corrugated cardboard that can be folded at regular intervals.
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It is packaging used to protect the goods in packaging that comes in a variety of widths and grades. It is used for packing items like food products, electronic devices, machine parts, and aluminium components. Because it is used for cut-to-size packing, which saves on material costs and storage space, it is a cost-effective kind of packaging.
Any business is focusing on reducing waste generation to try to reduce the environmental impact. The company’s focus on lowering the warehouse and storage cost; therefore, the corrugated fanfold helps conserve the space during packaging and transportation.
What Are the Key Market Drivers Impacting the Growth of Corrugated Fanfold Market?
The corrugated fanfold cardboard sheets are available in board and flute combinations having multiple length and width combinations. Additionally, the robust, double-wall fanfold corrugated provides flexibility by selecting the correct length of package according to the size of the products. The excellent features such as easy to cut, the pre-cut grooves for a professional and tidy finish of long boxes, fast and easy packaging helps the customers in effective and efficient packaging.
The corrugated fanfold cardboard sheets are moisture and abrasion-resistant; hence are helpful in handling and transportation. It is an entirely versatile and protective packaging that benefits the supply chain by minimizing inventory and material waste.
The corrugated fanfold provides excellent protection to the products during transit as it is safe in transit. Furthermore, it has an ideal flat surface for high-quality printing to showcase a brand image. Therefore, tailored length, width and scoring corrugated fanfold packaging generates significant market growth.
Regional Insights
- Analysis of North America Corrugated Fanfold Market
Based on Geography, the corrugated fanfold market is segmented into North America, Europe, Asia-Pacific, Latin America and MEA. The North American region is leading the market by acquiring 27% of the share during the forecast period.
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- Review of European Corrugated Fanfold Market
Europe holds the second rank in the corrugated fanfold market share by acquiring 22% of the share during the forecast period. The key manufacturing companies are adopting corrugated fanfold in large quantities for packaging purposes.
What is the Key Trend Increasing Sales of Corrugated Fanfold?
The rising demand for e-commerce business and online shopping is growing tremendously. The fanfold corrugated sheets packaging proliferates with the explosion of e-commerce and the continuous development of digital printing technologies. The customers are more concerned about the safe, secure and reliable packaging solution.
The e-commerce business prefers the most economical, easy and efficient packaging, which is cost-effective and safe. The e-commerce business is coming out of the most effective fit-to-product (FTP) or flexible box-on-demand packaging systems. Therefore, the swift in e-commerce and digitalization will enhance the corrugated fanfold market.
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Competitive Landscape
Prominent Players in the Corrugated Fanfold Market.
The corrugated fanfold market is consolidated by the key players existing all around the globe during the forecast period. The key players are focusing on the products that determine the consumer’s needs. For this, they are adopting several strategies such as partnerships, mergers and collaboration to acquire the lion’s share in the market.
Some of the key players in the market are
- DS Smith
- Smurfit Kappa
- Braepac Packaging
- Menasha Packaging Company
- Papierfabrik Palm
- International Paper Company
- Northwest Packaging
- Independent Corrugator
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Key Segments
Based on Wall Type:
- Single Walled
- Double Walled
Based on Flute Type:
- B Flute
- E Flute
- C Flute
Based on Width:
- Below 500 mm
- 501 to 1000 mm
- 1001 to 1500 mm
- Above 1500 mm
Based on End Use Industry:
- E-commerce
- Cosmetics and Personal Care
- Electronics & Electrical
- Others (Automotive, etc.)
By Region:
- North America
- Latin America
- Asia Pacific
- MEA
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