By the end of 2033, the market for paper edge protectors is predicted to be worth US$ 4.56 billion, up from an anticipated US$ 2.91 billion in 2023. From 2023 to 2033, the market is expected to see a CAGR of 4.5%.
Paper edge protectors, also known as corner protectors, are versatile packaging solutions designed to safeguard the vulnerable edges and corners of products during transportation. They are typically made from recycled paper or cardboard and are available in various sizes, shapes, and strengths to accommodate different shipping needs. The primary purpose of paper edge protectors is to provide structural support and prevent damage caused by impact, compression, or strapping.
Paper edge protectors, also known as edge boards or corner protectors, are protective packaging materials used to reinforce and shield the edges of various products during transportation and storage. These simple yet effective devices provide support, stability, and protection, ensuring that your goods arrive at their destination in optimal condition.
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According to the report, demand for paper edge protectors will remain maximum in the food & beverages industry, garnering more than 1/4th market value share of the entire manufacturing segment. Beverages, particularly, are expected to account for significant growth in the paper edge protectors market.
The Growing Demand for Paper Edge Protectors
As the global trade landscape expands, the demand for efficient and reliable packaging solutions continues to rise. The paper edge protectors market has witnessed significant growth in recent years, driven by several factors:
1. E-commerce Boom
The advent of e-commerce has revolutionized the retail sector, with more consumers embracing online shopping. This shift has created a surge in the need for effective packaging solutions, including paper edge protectors. With products being shipped across long distances and changing hands multiple times, protecting goods from damage has become paramount.
2. Sustainable Packaging Practices
The increasing emphasis on sustainability has prompted businesses to adopt eco-friendly packaging alternatives. Paper edge protectors, being made from recycled materials, align with these sustainable practices. They offer a greener option compared to traditional packaging materials, making them a preferred choice for environmentally conscious consumers and businesses.
3. Stringent Regulatory Requirements
Regulatory bodies and transportation authorities have imposed stringent guidelines to ensure the safe transport of goods. Packaging solutions like paper edge protectors play a vital role in complying with these regulations. By providing an extra layer of protection, they contribute to maintaining the integrity of products and preventing accidents or spillages during transit.
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Factors Driving Market Growth
Several factors are contributing to the growth of the paper edge protectors market:
- Increasing Awareness: As businesses become more aware of the importance of secure packaging, the demand for paper edge protectors continues to rise. The need to protect valuable goods and reduce product damage is driving the market’s growth.
- Expansion of E-commerce: The thriving e-commerce industry is a major catalyst for market growth. With the increasing number of online orders and cross-border shipments, the demand for paper edge protectors has soared.
- Shift Towards Sustainable Packaging: The growing focus on sustainable practices has prompted businesses to opt for environmentally friendly packaging solutions. Paper edge protectors, being recyclable and biodegradable, are gaining traction as an eco-conscious choice.
- Advancements in Manufacturing Techniques: Innovations in manufacturing processes have led to the production of more efficient and cost-effective paper edge protectors. This has made them accessible to a wider range of businesses, further propelling market growth.
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.
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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
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