Global Paper Edge Protectors Market Data Bridge Market Research the Growing Dema

Posted by Rashi Pande on November 20th, 2019

Global Paper Edge Protectors Market By Material Type (SBS, Coated Unbleached Kraft Paperboard, Recycled Paperboard), Product (Angular Paper Edge Protectors, Round Paper Edge Protectors), End-Use Industry (Logistics & Transportation, Warehousing, Manufacturing, Home-Infusion), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Paper Edge Protectors Market

Global paper edge protectors market is expected to register a steady CAGR of 4.07% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increased need for utilizing smart packaging products that are developed with advanced and innovative methods of manufacturing.

Market Definition: Global Paper Edge Protectors Market

Paper edge protectors are packaging products developed to protect the primary packaging’s corners and edges from tearing or sustaining any negative impacts. These protectors enhance the shock resistance; tear resistance and protective capabilities of packaging. These protectors also enhances the levels of sustainability of contents and packaging as it improves the reusable capabilities of these products

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Market Drivers:

• Significant rise in the levels of industrial and urbanization worldwide giving rise to market growth
• Increasing levels of consumption for beverage products is expected to propel the growth of the market
• Environment-friendly and cost-effective nature of these products will also uplift the market growth
• Increasing awareness regarding the negative impacts associated with plastic consumption is expected to boost the market growth

Market Restraints:

• High levels of competition and tough business practices prevalent throughout the industry is one of the major factor restricting the market growth
• Volatility in the process of raw materials can hamper the market growth

Segmentation: Global Paper Edge Protectors Market

By Material Type

• Solid Bleached Sulfate (SBS)
• Coated Unbleached Kraft Paperboard
• Recycled Paperboard

By Product

• Angular Paper Edge Protectors
• Round Paper Edge Protectors

By End-Use Industry

• Logistics & Transportation
• Warehousing
• Manufacturing
  • Food & Beverages
  • Building & Construction
  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Electrical & Electronics
  • Chemicals
  • Others
• Homecare

By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Europe
  • Germany
  • United Kingdom
  • Italy
  • France
  • Spain
  • Russia
  • Turkey
  • Belgium
  • Netherlands
  • Switzerland
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • South Korea
  • India
  • Australia
  • Singapore
  • Thailand
  • Malaysia
  • Indonesia
  • Philippines
  • Rest of Asia-Pacific
• Middle East and Africa
  • South Africa
  • Egypt
  • Saudi Arabia
  • United Arab Emirates
  • Israel
  • Rest of Middle East and Africa

Key Development in the Market:

• In February 2019, Vpk Packaging Group announced that they had agreed to acquire Corenso’s European and Chinese business operations relating to coreboard, tubes and cores applicable in a wide-range of applications. This acquisition significantly expands the capabilities for processing and milling expertise for Vpk while enhancing the presence of the company in these particular regions

Competitive Analysis:

Global paper edge protectors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of paper edge protectors market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global paper edge protectors market are Smurfit Kappa; Packaging Corporation of America; Sonoco Products Company; N.A.L. Company, Inc.; Primapack SAE; Cascades inc.; Litco International, Inc.; Kunert Gruppe; RAJAPACK Ltd; Pratt Industries, Inc.; Eltete TPM Oy; Napco National; Pacfort; Angleboard UK; Staples, Inc.; Vpk Packaging Group; Signode Industrial Group LLC; Romiley Board Mill; TUBEMBAL among others.