Introduction
In a world where sustainability and product protection are paramount, the Paper Edge Protectors Market has emerged as a crucial player. These unassuming paper strips have a significant impact on industries ranging from logistics to manufacturing. In this article, we will delve into the Paper Edge Protectors Market, uncovering insights, trends, and essential information that you need to know.
Paper Edge Protectors Market: An Overview
Paper edge protectors, also known as corner protectors, edge boards, or corner boards, are simple yet ingenious inventions. These sturdy strips of paperboard or corrugated cardboard are designed to reinforce the edges of pallets, crates, and boxes. By doing so, they shield products from damage caused by compression, impacts, and strapping.
n 2020, The European Paper Recycling Council (EPRC) reported that a remarkable 74% of the paper and paperboard used throughout Europe was recycled, establishing it as the leading recycled packaging material across the region. Additionally, in Europe, paper was used an average of 3.8 times, surpassing the global average of 2.4 times in the same year.
Projected to witness a compound annual growth rate (CAGR) of 4.5% from 2023 to 2033, the paper edge protectors market is expected to experience significant growth, with an estimated valuation of US$ 4.56 billion by the end of 2033, surpassing the anticipated value of US$ 2.91 billion in 2023.
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Key Developments in the Market Space
- In October 2021, Smurfit Kappa Group Plc acquired Verzulo, which is engaged in the production of containerboard with 600,000 Tons capacity and is situated in Northern Italy.
- Kunert Peiting GmBH & CO KG announced that it is expanding its facility in Germany. The company has also planned to launch the latest high-tech production line for the market of paper edge protectors. The new production line aims to enhance the production capacity of the company. This may aid the company in increasing its market share in the global arena.
Competitive Landscape-
FMI’s study has profiled some of the prominent companies operating in global paper edge protectors market, including
- Smurfit Kappa Group PLC,
- Packaging Corporation of America,
- Sonoco Products Company,
- Rengo Co., Ltd.,
- N.A.L. Company, Inc.,
- Primapack SAE,
- Konfida,
- Cascades Inc.,
- Litco International, Inc.,
- Kunert Gruppe,
- Raja S.A.,
- Pratt Industries, Inc.,
- Eltete Oy,
- Napco National,
- Pacfort Packaging Industries,
- Cordstrap B.V.,
- VPK Packaging Group NV,
- Signode Industrial Group (Crown Holdings),
- Romiley Board Mill, and
- Tubembal – Paper Processing and Packaging Trade, S.A.
Applications Across Industries
Paper edge protectors find applications in various industries:
- E-Commerce: Protect fragile items like electronics and glassware during shipping.
- Furniture: Prevent damage to furniture corners and edges, ensuring they reach customers in perfect condition.
- Automotive: Safeguard auto parts and accessories from impact-related damage.
Trends Shaping the Market
As the logistics industry evolves, the paper edge protectors market follows suit. Some trends include:
- Sustainable Materials: The demand for eco-friendly options has led to the development of recyclable and biodegradable edge protectors.
- Customization: Manufacturers offer tailored solutions to meet specific packaging needs, enhancing branding and product protection simultaneously.
The Evolution of Cargo Protection: Innovations in the Paper Edge Protectors Market
Over the years, the Paper Edge Protectors Market Trends has witnessed significant advancements. Manufacturers have embraced cutting-edge technologies and sustainable materials to create protectors that are not only effective but also environmentally friendly. From traditional cardboard protectors to high-strength molded fiber designs, the market offers a diverse range of solutions tailored to different industries and shipping needs.
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Global Paper Edge Protectors Market by Category
By Material Type:
- Solid Bleached Sulphate (SBS)
- Coated Unbleached Kraft Paperboard
- Recycled Paperboard
By Product Type:
- Angular Paper Edge Protector
- Round Paper Edge Protector
By End-use Industry:
- Logistics & Transportation
- Warehousing
- Manufacturing
- Food & Beverages
- Building & Construction
- Personal Care & Cosmetics
- Pharmaceuticals
- Electrical & Electronics
- Chemicals
- Others
About Future Market Insights (FMI)
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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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