As per the recent study conducted by Future Market Insights, the growing market popularity of polypropylene corrugated packaging solutions has resulted in a sharp rise in demand for the same. The global polypropylene corrugated packaging market is anticipated to exhibit growth at 6.5% CAGR over the forecasted period between 2021 and 2031.
Sales of polypropylene corrugated packaging solutions are projected to reach billions of units, due to the rising demand for convenient packaging solutions across the globe.
PP Corrugated Packaging Market: Market Outlook
Key global manufacturers of the packaging industry have responded to global packaging challenges with advanced packaging solutions catering for the exact industry requirements. The innovation of polypropylene coated corrugated packaging solutions is one of the path-breaking solutions to tackle the challenges faced by the global packaging market.
Different types of boxes, trays, bins, retail shelves, point of purchase displays, signage, totes and dividers, along with a variety of customized packaging products are manufactured using polypropylene corrugated material which serves as best suited alternative for most of the materials, due to their limitations.
What Fuels Demand For Polypropylene Corrugated Packaging Solutions Across The Globe?
Demand for moisture-proof and durable packaging solutions gaining traction among major end-user industries including food & beverages, pharmaceutical, cosmetics & personal care and household industries, resulting in increasing worldwide acceptance of polypropylene corrugated packaging solutions.
The weight handling capacity of polypropylene corrugated boxes is way more than boxes and other packaging solutions compared to alternative materials such as boxes made up of only corrugated boards and only plastics. Moreover, the polypropylene corrugated packaging has high resistance against the water, which saves the commodity packed inside from atmospheric repercussions.
What Limitations May Hamper The Future Growth Projections of Polypropylene Corrugated Packaging Market?
Unlike other plastics, the polypropylene corrugated packaging solutions also may lose their form and shape if exposed to intense heat, and this may act as a limitation as these packaging solutions are still in the growth stage in various regions across the globe.
The production process of polypropylene corrugated packaging solutions is very complex as compared to other simple packaging solutions made up of paperboard or only plastics and wood, having too many market alternatives and a low market penetration rate will affect the growth of the global polypropylene corrugated packaging market.
Which Trends Are Prevailing in the Global Polypropylene Corrugated Packaging Market?
Modern-day manufacturers are trying to differentiate their products and offerings from the competitors by marketing their produced packaging solutions like sustainable, which offers re-usability to the end-users and has no harmful effects on the environment, which helps polypropylene corrugated packaging to gain traction across continents.
The boxes and packaging solutions manufactured using polypropylene corrugated material are non-toxic and clinically tested to be safe for packaging food & beverages in it, as they do not cause any harmful emissions to the consumables packed in it. Packaging solutions having attractive looks and feel are most trending in the market as they stimulate buyers towards buying it promptly.
Key Market Players of Polypropylene Corrugated Packaging Market:-
- Technology Container Corp.
- Hinkle Manufacturing
- ANDROP PACKAGING, INC.
- Minnesota Diversified Industries
- New-Tech Packaging, Inc.
- GWP Correx
- Amatech Inc.
- CoolSeal USA
- Kiva Container
Key Market Players in Asia-Pacific Region of Polypropylene Corrugated Packaging Market:-
- Caprihans India Limited
- CLPG Packaging Industries Sdn. Bhd.
- Classic Enterprises Pvt Ltd
- Shish Industries Ltd.
Why Are Germany and U.K. Major Markets For Polypropylene Corrugated Packaging Solutions?
The widely used returnable packaging concepts are gaining more market popularity across the whole Europe, Germany and U.K. being major markets are having a large number of industrial as well as individual consumers of such type of packaging solutions made up of polypropylene corrugated material, which makes it accepted among the environmentally concerned consumer bases in these countries.
Stringent laws banning single-use plastics and high taxation on other pollutant materials indicates towards growth and expansion of the global polypropylene corrugated packaging market in developed countries such as Germany and the U.K.
The presence of key manufacturers and newer market entrants producing innovative and customized packaging solutions made up of polypropylene corrugated material are contributing towards overall growth over the upcoming decade.
What Makes India and China Fastest Growing Markets for Polypropylene Corrugated Packaging Solutions?
Tremendous growth witnessed by various end-user industries such as pharmaceutical, cosmetics and household industries, has resulted in increased demand for leakproof packaging solutions offering high strength compared to traditional packaging solutions. Fast-paced infrastructural development in the country and producers adapting the polypropylene corrugated material for the production of packaging solutions makes China the fastest-growing offering country.
Sharp growth recorded in packaged food & beverages industry in India and a hike in demand for higher quality packaging solutions, makes it a major market for packaging solutions made up of polypropylene corrugated material. The entry of key global manufacturers in the country to expand their market presence has been engaged in large scale production of polypropylene corrugated packaging solutions and indicating towards exponential growth in future for the same.
What was The Effect of the Covid-19 Pandemic on the Global Polypropylene Corrugated Packaging Market?
During the outbreak of the deadly covid-19 virus, the governments of almost all countries imposed a complete lockdown restricting all types of manufacturing facilities to function else than food and pharmaceutical supplies.
Food & beverages along with the pharmaceutical industry are major end-user industries of polypropylene corrugated packaging solutions, due to fear of the virus the consumers were forced to panic buying, which eventually resulted in higher sales of eatables and medicinal drugs.
Moreover, it fuelled high demand for polypropylene corrugated packaging solutions across the globe, also after the pandemic ends the global polypropylene corrugated packaging market is anticipated to witness a surge in demand for all types of packaging solutions in near future.
Global Polypropylene Corrugated Packaging Segmentation:-
Segmentation based on Packaging Format:-
- Shelf Bins
- Retail Displays
Segmentation based on Distribution Channel:-
- Direct Sales (Manufacturers)
- Distributors and Wholesalers
- Retail Stores
- Online Stores
Segmentation based on End-Use Industry:-
- Food & Beverages
- Cosmetics & Personal Care
- Electronics & Electricals
Segmentation based on Region:-
- North America
- Latin America
- South Asia
- East Asia
- The Middle East and Africa
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