Ultraflute Paper market- An Overview
Demand for product in the paper market is derived by cost, strength and sustainability factor. The newest flute paper by Sappi which is lighter in weight and uses 75% of virgin fibre is called as Ultraflute paper, making it an excellent choice for packaging of fragile products in the supply chain.
Ultraflute paper allows packaging manufacturers to cut the cost of secondary packaging as products can be stacked on the pallets directly. Pallets hold goods properly and staged so the storage costs are reduced as well.
Coming from a family of corrugated board, Ultraflute paper is capable of fine printing, creasing and flexible folding capacities. These features make Ultraflute paper an outstanding and a fresh choice in the market which is expected to have a positive impact on the paper packaging industry in the coming time.
Ultraflute Paper market- Dynamics
To save transportation costs, the packaging material should be light in weight and strength bearing. Ultraflute paper uses lesser paper when compared with other flute papers, giving the same strength and integrity which leads to lessening the cost of good packed and total cost.
Ultraflute paper’s high virgin fibre provides it superior strength which results in sturdier boxes, enhanced stacking and bundling. Ultraflute paper has high humidity resistance and makes it ideal for fruit and vegetable packaging, withstanding harsh weather conditions and maintains the performance for a long time.
Ultraflute paper retains more than three-fourth of its strength under these weather conditions. Ultraflute paper has improved flexibility, tensile strength and wear and tear property which is due to improved machinery and optimum use of raw material.
The Retail Ready Packaging (RRP), or Shelf Ready Packaging (SRP) are progressively favoured in general stores, hypermarkets, and retail locations. Items that are stuffed in SRP or RRP can be effortlessly set without the requirement for extra bundling or repackaging, and therefore it is practical.
Attributable to the numerous advantages, for example, lightweight bundling and predominant surface quality, the expanding interest for SRP or RRP is foreseen to drive the development of the worldwide ultraflute paper market.
Microflute paper market and other forms of corrugated packaging could be considered as direct competitors to Ultraflute paper market. The idea of sustainability and rejection of plastic in many countries because of it being harmful is fuelling paper packaging industry, also e-commerce could be considered a huge factor behind emergence of corrugated paper industry.
Ultraflute Paper- Regional Outlook
The Ultraflute paper market in North America will observe an accumulative demand due to huge technological advancements and investment in e-commerce shipping markets; many major cities such as California, New York, Washington, Maine and Massachusetts have been banned from using plastic and other non-degradable materials for packaging.
The Ultraflute paper market in Asia Pacific is required to observe a gigantic flood inferable from rising development openings in the area's flourishing internet business industry and a quickly extending sorted out retail part.
The market in Middle East is additionally expected to extend at a promising rate over the estimate time frame. Africa is set to get high supply of Ultraflute paper because SAPPI is set in Africa and it could be an advantage for Ultraflute paper market to expand in African regions.
Ultraflute Paper- Key Players
Presently there is no other player except SAPPI in the Ultraflute market. Many other players are said to enter the market as demand for Ultraflute paper propels in the market. 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 an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on ultraflute paper market segments and geographies.
Regional Analysis Includes
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa (MEA)
Ultraflute Paper Market Segmentation
- Food & Beverages
- Medical & Pharmaceuticals
- Personal Care
- Consumer Durable Electronics Goods (CDEG)
- Others (Automobiles, etc.)
- 125 g/m²
- 140 g/m²
- 165 g/m²