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%.
The revenue of paper edge protectors market will be primarily sustained by rapid industrialization, subsequently generating high demand for protective packaging solutions, says FMI’s analysis. With an approximate value share of 30%, East Asia’s market paper edge protectors is likely to maintain the leading position in global paper edge protector landscape. However, the report points to a strong possibility that South Asia will soon outpace the market in East Asia in terms of growth rate, attributed to robust upsurge in the industrial production levels.
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.
Plastic-based Paper Edge Protectors Gaining Ground in Paper Edge Protectors Market
More than 65% of the total paper edge protectors that are consumed are made from recycled paperboard as a key raw material. As indicated by FMI’s analysis, among the other two raw materials, coated unbleached kraft will continue to remain dominant over solid bleached sulphate – in terms of demand growth. While the pronounced preference for recycled paperboard is in line with the rising sustainability quest, the report has identified a few unique trends related to materials, which are highly likely to shape the market for paper edge protectors market over the years to come.
Over the years, paper has been the primary material source of paper edge protectors. However, increasing contamination of paper edge protectors due to extensive usage of fiber and other particulates has increasingly led to an inclination toward the use of plastic-based edge protectors. Easy availability of polymer resins such as polypropylene (PP), excellent thermal resistance, and low maintenance requisites of plastic-based paper edge protectors will continue to elevate their preference over other materials in the paper edge protectors market. According to the study, plastic edge protectors exemplify a sustainable packaging solution compared to paper edge protectors, which prompts at a positive demand outlook facing plastic-based paper edge protectors in the near future.
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Market Trends: Growth and Demand in the Paper Edge Protectors Market
The paper edge protectors market has been experiencing steady growth in recent years, driven by increasing demand from industries such as automotive, electronics, and food and beverages. Let’s take a closer look at some of the key trends shaping this market.
1. Growing Emphasis on Sustainable Packaging Solutions
In today’s environmentally conscious world, businesses and consumers are increasingly seeking sustainable packaging options. Paper edge protectors, being recyclable and biodegradable, align with this demand for eco-friendly solutions, driving their adoption across various industries.
According to a report by Market Research Future, the global sustainable packaging market is expected to reach a value of $400 billion by 2023[^1^]. This indicates a significant opportunity for the paper edge protectors market to expand its customer base and drive further growth.
2. Rapid Growth of E-commerce Industry
The rise of e-commerce has revolutionized the retail landscape, leading to a surge in demand for protective packaging materials. Paper edge protectors play a crucial role in safeguarding products during the shipping process, ensuring they reach customers undamaged.
The global e-commerce market is projected to reach $6.3 trillion by 2024[^2^]. As online shopping continues to thrive, the need for reliable packaging solutions like paper edge protectors will continue to rise, driving market growth.
3. Advancements in Customization and Design
As companies strive to differentiate their products and enhance brand recognition, customization and branding options have become key factors in packaging decisions. Paper edge protectors offer flexibility in terms of shape, size, and printing options, allowing businesses to incorporate their logos, slogans, and other branding elements.
Moreover, advancements in digital printing technology have made it easier and more cost-effective to produce customized paper edge protectors in smaller quantities, catering to the needs of both large enterprises and small businesses.
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
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa (MEA)
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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