The fanfold market is projected to grow at a CAGR of 4.5% over the course of the forecast period, from US$ 29.48 billion in 2022 to US$ 41.58 billion in 2032. Although they are frequently used for packaging in the retail industry, fanfold sales are increasing quickly. Due to an increase in people purchasing online, the demand for fanfold is also anticipated to increase in the upcoming years. Also, because fanfolds are utilised to package consumer items, it is projected that fanfold sales would increase. The global market share for fanfolds is going to be significantly influenced by the FMCG sector.The packaging industry is continuously moving towards sustainability.
Fanfold market is a continuous sheet of corrugated board which can be folded into a stack. Fanfold are designed in a way that they are perforated at regular intervals and folded at alternative directions at continuous perforations. It can be folded back and forth. It is also referred to as z-fold concerning its shape. Fanfold is an effective solution to oversized packaging needs. This packaging solution is specifically manufactured to fulfil custom tailored and on-demand packaging requirements. Fanfold is available in different widths, lengths, flutings and cardboard grades.
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An upsurge in e-commerce pushes the need for different packaging types. Here, different types of packaging boxes and cartons are required to pack products. Fanfold provides customized and tailor-made packaging solutions to cater to various packaging needs. It helps in optimizing space by avoiding the practice of keeping pre-made boxes in the repository which means fanfold enables to integrate more products within the warehouse. Machines can be assisted for the manufacturing of boxes made up of fanfold.
Crucial information and forecast statistics covered in the Fanfold market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on Fanfold Market
The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Fanfold market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.
Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Fanfold market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Fanfold market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Fanfold Market: Segmentation
Valuable information covered in the FMI’s Fanfold market report has been segregated into key segments and sub-segments.
On the basis of wall type, the global fanfold market has been segmented as:
Single-walled
B flute
C flute
Double-walled
BC flute
EB flute
On the basis of width, the global fanfold market has been segmented as:
200 mm – 500 mm
500 mm – 1000 mm
Fanfold Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Fanfold market. Competitive information detailed in the Fanfold market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Fanfold market report.
Key players covered in the report include:
Braepac Packaging
International Paper Company
Smurfit Kappa
DS Smith
Independent Corrugator Inc.
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Important Questions Answered in the Fanfold Market Report
Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Fanfold market been expanding during the forecast period?
How will the global Fanfold market look like by the end of the forecast period?
What innovative strategies are adopted by Fanfold market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Fanfold market?
Key Offerings of the Report
Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Fanfold market
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