Conductive Fluted Sheets Market

Conductive Fluted Sheets Market Overview

The global conductive fluted sheets market secured a market value of US$ 78.5 Billion in 2021, and is expected to reach US$ 127 Billion by 2032 while recording a CAGR of 4.45% during the forecast period from 2022 to 2032. The growth of the market can be attributed to the rapid expansion of the electronic sector, especially in developing countries.

Electronics manufacturing and distribution industries require moisture and chemical resistant packaging to ensure the safety of the packaged product, which makes the aforementioned sectors major consumers of conductive fluted sheets. Besides these two sectors, the protective packaging market is another significant consumer of conductive fluted sheets, thereby, bolstering the market expansion during the forecast period.

Key participants of the market are modifying and innovating the product to offer enhanced services and meet the specific needs of the users. Improvements such as; providing protection against UV rays, better printability, and compression strength offer a competent product, which drives the market notably. For instance, Interplast Group provides conductive fluted sheets under the brand name IntePro ®. The sheets are corona treated and are receptive to vinyl lettering and adhesives. These conductive fluted sheets provide better printability and can be flexographic and digitally printed.

Increasing demand for low-cost material for packaging is expected to boost demand for polypropylene fluted sheets, consequently enlarging the industry size. Increasing initiatives of players to expand their global reach has boosted the demand for conductive fluted sheets significantly. For instance, in 2019, Borealis AG administered an 80 kiloton capacity surge in the polypropylene (PP) plant in Kallo. The initiative would benefit from the feedstock supply from the new PDH.

How does Increasing demand for Electronic Good Packaging Boost the Conductive Fluted Sheets Market?

Growing demand for products such as TV, MP3 players, cameras, laptops, and others have generated a requirement for an efficient packaging system, which boosts the market significantly. In addition, spurred demand for all-weather protective packaging for fragile electronic products like network servers, routers, and sensors enhance the demand for electronic packaging, as a result, boosting demand for conductive fluted sheets.

On the other hand, increasing need for advanced quality military-grade packaging in the aerospace and defense sector for satellite communication, naval warships, and aircraft guidance-control assemblies is projected to propel the industry significantly. Moreover, growing initiatives of players to sustainable packaging are likely to offer remunerative opportunities to the market.

In September 2021, Heinz Partners, along with WestRock replaced shrink-wrapped multipacks of Heinz Beanz, Heinz soups, and Heinz pasta varieties on supermarket shelves with recyclable paperboard developed by WestRock. In another occurrence, the Mondi group launched seven new sustainable packaging solutions for expanding online grocery delivery across Central Europe. All boxes in the eGrocery portfolio are 100% recyclable.

How are Eco-Friendly Raw Materials Hampering Market Growth?

The prominent raw material for conductive fluted sheets are trees and other eco-friendly products. Since its manufacturing involves a considerable felling of trees, environmentalists have raised concerns regarding its impact on the environment. This factors is likely to hamper market growth.

With the escalating momentum of the “Save the Forest” movements, the industry may suffer during the forecast period. Moreover, piling up paperboard waste due to the low rate of recycling can further hinder the expansion of the industry.

The Fiber Box Association, a non-profit organization representing and serving the corrugated industry, claims that 90% of packaging gets recycled, whereas 10% adds up to the environmental waste. This is expected to impede the market rise in the forecast period.

How is an Expanding E-Commerce Market in China Propelling Conductive Fluted Sheets Demand?

According to the analysis, the market in China is projected to expand at a CAGR of 7% during the forecast period. The market is principally influenced by the increasing per capita income, changing demographics, and social atmosphere. Consequently, new packaging processes, new materials, and forms demand is generated.

During the assessment period, the expansion of e-commerce giant players like Alibaba is predicted to play a crucial role in propelling the conductive fluted sheets market. For instance, as per Alibaba, the Chinese spent about US$ 139 Billion during Single’s day fest. This generated enormous demand for inventory and storage of several goods and enhanced demand for conductive fluted sheets for packaging.

Australia’s Department of Agriculture and Water Resources has raised concerns about China’s ability to accomplish the rising demand for food supply from domestic production. Therefore, there is an urgent need for the government to import food items, which is likely to present avenues of opportunities to the propelling conductive fluted sheets market. Expanding e-commerce, growing urbanization, and enhanced population awareness are other factors that will add to the market expansion in China.

Ismail Sutaria

Principal Consultant

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How is an Expanding Construction Industry in India Benefitting the Market?

As per the analysis, the conductive fluted sheets market in India is expected to record a CAGR of 8% during the forecast period. Rapid urbanization and industrialization are the major causes bolstering the market in India. Growing demand for effective packaging solutions in architecture and packaging solutions have positively impacted the market.

The construction industry in India is projected to secure about US$ 1.4 Trillion by 2025, claims Invest India. The sector also obtained the highest FDI during the tenure of 2000-2020. As a result, the construction sector, real estate, and urban development will be potential consumers of the conductive fluted sheets market throughout the forecast period.

Market Competition

Key players of the global conductive fluted sheets market include GWP Group Limited, Desco Industries Inc., Corlite Packaging Industries Sdn Bhd, Shreeram Polymers Inc., Shish Industries Limited, Protech, Coroplast, among others.

Coroplast® is North America’s largest manufacturer of conductive fluted sheets that are ideal for outdoor and indoor applications in screen printing with premium colors for graphics.

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Report Scope

Key Profiles Segmented in the Global Fluted Sheets Market

By Material:

• Polypropylene (PP) Conductive Fluted Sheets
• High-Density Polyethylene (HDPE) Conductive Fluted Sheets

By Thickness:

• Conductive Fluted Sheets Below 3 mm
• Conductive Fluted Sheets from 3mm-5mm
• Conductive Fluted Sheets from 5mm-9mm
• Conductive Fluted Sheets 9mm and above

By Applications:

• Conductive Fluted Sheets for Boxes & Totes
• Conductive Fluted Sheets for Inserts & Dividers
• Conductive Fluted Sheets for Bins & Trolleys
• Conductive Fluted Sheets for Liners

By End-User:

• Conductive Fluid Sheets for Automotive Packaging
• Conductive Fluid Sheets for Defense Arms Packaging
• Conductive Fluid Sheets for Food & Beverages Packaging
• Conductive Fluid Sheets for Textile Yarn Packaging

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East and Africa