Reel in Box is a corrugated paperboard or plastic box containing a cable spool attached with caddys. This is a very innovative product which is helping building and construction, transportation, and other heavy industries to reduce the packaging waste by providing an efficient way of cable packaging.
There are very less number of reel in box manufacturers globally. The reel in box market is in growth phase. The penetration of reel in box is continuously increasing in the cable industry.
Corrugated paperboard reel in box are environmental friendly and easily recyclable. Plastic reel in boxes are reusable, which helps in optimising the packaging cost. Reel in boxes are stackble and easy to carry and transport. Corrugated reel in boxes are two types: single wall and double wall.
Reel in box market is directly correlated with the cable packaging market. Global cable packaging market is continuously expanding due to the traction in emering markets.
Increasing infrastructure investments in Asia Pacific, Latin America, and MEA are driving the demand for cables and wires in building and construction and heavy industries.
Global reel in box market is expected to expand at a lucrative CAGR during forecast pereiod. The reel in box market in Asia Pacific is highly contributed by China, India and ASEAN countries. The U.S. is the major producer of cables and wires, which lies in the exports sector of capital goods.
The U.S. is the net exporter of capital goods, which is majorly supplying building and construction materials, machines and equipment to countries in Asia Pacific, Latin America and Europe.
Growing trend of digitisation and connected cities is increasingly driving the demand for cables and wires across emerging countries, which inturn is expected to drive the global demand for reel in boxes.
As the product is made of more than two materials: a secondary packaging box and a spool with caddys, it is very difficult to manufacture the product by a single manufacturer.
This reason has lead to a rising number of collaborations between secondary packaging manufactiurers, spool & caddys manufacturers and cable & wire industries.
The collborations are helping reel in box manufacturers to integrate and leverage diffrentiated expertise of different players to develop and launch innovative cable packaging solutions. The resistance to collaborate and lack of trust between players in different verticles is restraining the growth of reel in box market.
The above figure shows comprehensive research methodology to estimate the market size of global reel in box market. The methodology follows a sequential process of the estimation of overall parent market size (global cable & wire market), estimating the penetration of different packaging foramts in global cable & wire packaging market.
Estimating the segmental market share of reel in box by market volume. Estimation of average selling price for thousand reel in boxes. Estimate overall global value (US$ Mn) for reel in boxes.
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.
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 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.
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 –
On the basis of material type, the global reel in box market has been segmented as –
On the basis of carrying capacity, the global Reel in Box market has been segmented as –
On the basis of geography, the global Reel in Box market has been divided into seven key regions –
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Reel in Box Market
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