Corrugated fanfold refers to a specific type of packaging material used for shipping and storage. It is a continuous sheet of corrugated cardboard that is folded accordion-style, creating a stack of connected, perforated sheets. The term “fanfold” comes from the way the material unfolds like a fan when pulled.
The Corrugated Fanfold Market is poised for robust growth in the coming decade, with a projected compound annual growth rate (CAGR) of 5.68% during the assessment period spanning from 2023 to 2033. The market’s value is set to witness a substantial uptick, surging from an estimated US$ 9,423.9 million in 2023 to a noteworthy US$ 16,370.5 million by the year 2033. Notably, at the close of 2022, the market stood at US$ 8,955.6 million, and the momentum is expected to persist with a year-on-year (y-o-y) growth rate of 5.2% anticipated for the year 2023.
The rapid proliferation of e-commerce has brought about substantial transformations in the packaging industry. The advent of online shopping has prompted businesses to seek packaging solutions that are not only efficient and cost-effective but also adaptable, ensuring the secure transit of their products.
Governments across the globe are enacting more stringent regulations regarding packaging materials to safeguard consumer safety and mitigate environmental impact. Corrugated fanfold, with its eco-friendly attributes, aligns seamlessly with these evolving regulations, offering a sustainable and compliant solution for modern packaging needs.
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Key aspects of corrugated fanfold:
- Continuous Sheet:
- Unlike traditional corrugated cardboard sheets that come in individual pieces, fanfold is a continuous sheet folded at regular intervals. This continuous form makes it easy to customize the length of the packaging material as needed.
- Perforations:
- Fanfold typically has perforations between each folded section. These perforations allow users to tear off individual sheets easily without the need for cutting tools. This feature is especially useful for packaging applications where different sheet lengths are required.
- Convenience in Handling:
- The accordion-style folding of fanfold allows for easy dispensing and handling. Users can simply unfold the material as needed, tear off a section, and use it for packaging or other applications.
- Versatility:
- Corrugated fanfold is versatile and can be used for various packaging applications. It is commonly used for creating custom-sized boxes, packaging material, and protective layers during shipping.
- Space-Saving:
- The continuous nature of fanfold can be space-saving compared to storing traditional large sheets of corrugated cardboard. The compact packaging can be more efficient for storage and transportation.
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For instance,
- In 2023, DS Smith plc invested US$ 71.1 million in its Viana, Portugal kraft paper mill. This included the installation of advanced paper-making machinery, reconstruction of the paper machine, and a significant reduction in CO2 emissions.
- In January 2023, Mondi Plc announced that it had completed the acquisition of the Duino mill situated in Trieste (Italy) from the Burgo Group.
- In December 2022, WestRock Company announced the complete acquisition of Grupo Gondi. This includes nine corrugated packaging plants, four paper mills, and six high graphic plants in Mexico. This strategic move strengthens WestRock’s presence in the region and expands its sustainable packaging offerings.
Key Companies Profiled:
- Smurfit Kappa Group
- International Paper Company
- WestRock Company
- DS Smith plc
- Oji Holdings Corp.
- Mondi plc
- Papierfabrik Palm GmbH & Co KG
- Menasha Packaging Company, LLC
- Rondo Ganahl AG
- Ribble Packaging Ltd.
- Come Sure Group (Holdings) Limited.
- Nine Dragons Paper (Holdings) Limited
Market Outlook by Category
By Wall Type:
- Single Wall
- Double Wall
- Triple Wall
By Flute Type:
- B Flute
- C Flute
- E Flute
- Others
By Width:
- Below 500 mm
- 501 to 1,000 mm
- 1,001 to 1,500 mm
- Above 1,500 mm
By Printing Technology:
- Digital Printing
- Flexographic Printing
- Lithographic Printing
By End Use:
- Shipping & Logistics
- E-commerce
- Electronics & Home Width Types
- Pharmaceutical
- Personal Care & Cosmetics
- Furniture
- Food & Beverage
- Other Consumer Goods
By Region:
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Western Europe
- Eastern Europe
- Central Asia
- Russia & Belarus
- Balkan & Baltic Countries
- Middle East & Africa
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