The corrugated fanfold market is estimated at a CAGR of 4.3% during the forecast period. The market is likely to be valued at US$ 10,456.7 Mn in 2022 and is anticipated at US$ 15,930.9 Mn by 2032.
The cost-effective and green packaging solution is the utmost priority; hence the demand for corrugated fanfold packaging has been a perfect consideration in recent years. A Fanfold is a long corrugated cardboard sheet that is primarily used to protect goods from damage.
A corrugated fanfold is a flexible packaging solution to provide multiple packaging specifications in different sizes as per the customer’s requirements. These factors are propelling the corrugated fanfold market growth.
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A corrugated fanfold is a pack of flexible sheets that can be folded neatly and appropriately that increasing the adoption of corrugated fanfold by various end-use industries. Corrugated fanfold has a wide range of width ad grades which can be adjustable to any kind of packaging.
It helps package various household and other products such as electronic equipment, machine parts, food products etc. Furthermore, it is budget-friendly and used for cut-to-size packaging by saving material costs and reducing storage space growing the corrugated fanfold market share.
Various companies are focusing on reducing waste generation to try to reduce the environmental impact. The company focus on lowering the warehouse and storage cost; therefore, the corrugated fanfold helps conserve space during packaging and transportation.
Crucial Factors To Promote The Corrugated Fanfold Market
The corrugated fanfold can pack long boxes with fast and easy packaging that helps the customers in effective and efficient packaging. The corrugated fanfold cardboard sheets are moisture and abrasion-resistant. Hence, they are helpful in handling and transporting are rising demand for corrugated fanfold in recent years. It is an entirely versatile and protective packaging that benefits the supply chain by minimizing inventory and material waste.
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The adoption of corrugated fanfold is rising due to increasing online shopping on various e-commerce sites in recent years. It is widely used for packing various consumer goods by industries that are likely to boom in the corrugated fanfold market share in recent years. Moreover, corrugated fanfold is recyclable with easy processing.
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 corrugated fanfold market growth.
Restraint Factor In The Corrugated Fanfold Market
It is difficult to neat fold with the corrugated fanfold, sometimes the inner layer may cause the cardboard. It may also crumple and stretch in undesirable ways. The cutting of corrugated is found difficult in many situations, which may hamper the corrugated fanfold market growth.
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