Introduction
Embark on a journey through the Reel in Box Market, where precision and durability meet angler’s expectations. Unravel the secrets behind choosing the right reel in box for an unparalleled fishing experience.
The global reel-in-box market is poised for substantial growth, with an anticipated lucrative Compound Annual Growth Rate (CAGR) during the forecast period. In Asia Pacific, key contributors to the reel-in-box market include China, India, and ASEAN countries, reflecting the region’s significant role in driving market expansion. Notably, the United States stands out as a major producer of cables and wires, playing a crucial role in the export sector of capital goods.
The U.S., functioning as a net exporter of capital goods, channels a significant supply of building and construction materials, machines, and equipment to various regions such as Asia Pacific, Latin America, and Europe. The increasing trend of digitization and the development of connected cities are fueling the demand for cables and wires, particularly in emerging countries. This, in turn, is expected to propel the global demand for reel-in-box solutions, highlighting the market’s responsiveness to evolving technological and urbanization trends.
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Global Reel in Box market: Key Players
Some of the key players operating in the global Reel in Box market are –
- Carris Reels, Inc.,
- Axjo Pacific Ltd.,
- Klaus Faber AG,
- Reel Options (Brand of Vandor Corporation),
- Amokabel group,
- Digital Electronic Supply Company,
- PreferPack Company
- and others.
Key Developments, Mergers and Acquisitions
- In February 2018, Axjo Pacific Ltd. (Axjo Plastic AB) acquired Windak AB. Windak focuses on the cable industry and have co-operated for a long time.
- In October 2016, Carris Reels acquired Lone Star Reel of Texas. Lone Star Reel is a major U.S. manufacturer of plywood and nailed wood reels, serving customers in Southern United States. Company has almost more than 20 years of experience in spools manufacturing.
Reel in Box advantages
- Reduce packaging costs
- Reduce damage of sensitive cable such as fiber oftic and insulated thin copper wire by providing air suspension and secondary packaging
- Reduce waste by providing an integral cable packaging solution, corrugated box and spools are recyclable and plastic reel in box can be reusable
- Reduce environmental impact
- Increase sales: Reel in box provides good presentation on store shelf and it is easy to carry and use
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Global Reel in Box market: Segmentation
The global reel in box market has been segmented as follows –
On the basis of product type, the global reel in box market has been segmented as –
- Half Slotted Container (HSC)
- Overlap Slotted Container (OSC)
- Full Overlap Slotted Container (FOL)
- Center Special Slotted Containers (CSSC)
- Others
On the basis of material type, the global reel in box market has been segmented as –
- Corrugated Paperboard
- Single Wall
- Double Wall
- Plastic
On the basis of carrying capacity, the global Reel in Box market has been segmented as –
- Less Than 5 Kg
- 5 – 10 Kg
- 10 – 20 Kg.
- More than 20 Kg
On the basis of geography, the global Reel in Box market has been divided into seven key regions –
- North America
- Asia Pacific excluding Japan
- Western Europe
- Eastern Europe
- Latin America
- Middle East & Africa
- Japan
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