This Corrugated Wraps market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Corrugated Wraps market.
Global corrugated wraps market: Introduction
The global push for sustainable packaging and marketing solutions has led increasing awareness among consumers regarding the negative impact of certain packaging solutions on our environment. As consumer awareness continues to be on the rise, the shift toward recycled packaging and marketing solutions is expected to become conspicuous. Corrugated Packaging keeps vegetables and fruits fresh from the farm to store. Manufacturers of corrugated wraps offer a wide range of sustainable labels made from papers, post-consumer waste papers, dissolvable and re-pulp-able papers, among others. The demand for corrugated wraps is expected to grow with the rise in the number of eco-conscious consumers, across the globe. One of the key trends observed among consumers today is a higher preference for sustainable packaging. A lot depends on consumer sentiments regarding the impact of a packaging solution on the environment. Therefore, over time, more brand owners are expected to use corrugated wraps for their products, which will increase the chances of impulse buying among eco-conscious consumers. Corrugated wraps are manufactured using the eco-friendly material, and their production reduces the carbon footprint of the company. This is expected to boost sales of products such as corrugated wraps, at a time when there is a high demand for sustainable packaging solutions both from the supply-side and demand-side. Therefore, the outlook for the growth of the global corrugated wraps market is expected to be mostly positive during the forecast period.
Global corrugated wraps market: Dynamics
The global corrugated wraps is anticipated to grow on the backdrop of the global sustainable packaging market growth, during the next ten years, and beyond. The global corrugated wraps are manufactured using a variety of materials to suit various applications and markets. Moreover, manufacturers of corrugated wraps also offer custom services. The global corrugated wraps market can be applied on a variety of surfaces such as that of stainless steel, metal, cardboard, and glass, among others. Corrugated wraps cater to various end-use industries such as the food & beverages industry, and personal care & cosmetics industry, among others. Some of the key trends observed in the market are the use of soy-based inks and production of renewable paper & films with corn-based products. The growth of the global corrugated wraps market over the forecast period is hampered due to certain factors. For corrugated wraps to witness higher demand, more consumers need to be made aware regarding the advantages of sustainable packaging.
The North America corrugated wraps packaging market is expected to retain the leading position over the forecast period. This is attributed to a large eco-conscious consumer base in the region. The Western Europe region is also expected to witness sizeable demand for corrugated wraps, as brands look to make a move from conventional to sustainable packaging and labelling solutions. Growth in the APeJ region is anticipated to be gradual, during the next ten years, with India and China emerging as the hub for sustainable packaging solutions growth. The Latin America retail industry is still on the path to recovery from the effects of the recession of 2015. However, post-2020, the retail sector in the region is expected to gain momentum, resulting in more sales of packaged products with corrugated wraps.
Global corrugated wraps market: Key Market Participants
Few of the key market participants operating in the global corrugated wraps market are – Springfield Corrugated Box, Inc., Crown Technologies, Palmer Packaging, Inc., Willard Packaging Co., Antalis S.A. On Demand Packaging (Packsize), among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Global corrugated wraps market: Segmentation
The global corrugated wraps market has been segmented as –
On the basis of material type, the global corrugated wraps market has been segmented as follows–
- Semi-gloss/matte paper
- Direct thermal paper
- Vellum paper
On the basis of end use, the global corrugated wraps market has been segmented as follows–
- Retail stores
The global corrugated wraps market has been divided into seven main regions –
- North America
- The Asia Pacific excluding Japan (APeJ)
- Latin America
- The Middle East and Africa (MEA)
- Western Europe
- Eastern Europe
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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- The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
- An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
- Extensive database and key dynamics elevating the market with varied verticals associated
- Underlying Corrugated Wraps Market forces that are compelling consumers or businesses to purchase the product
- How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Corrugated Wraps Market
- What will be environment and regulatory impacts on the market over the next decade
Which framework has been used to develop the Corrugated Wraps Market report?
- Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
- Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
- Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)