The global market size for paper edge protectors reached approximately USD 3 billion in 2022 and is projected to experience substantial growth at a Compound Annual Growth Rate (CAGR) exceeding 4% from 2023 to 2030. Research Corridor’s analysis indicates that the Asia Pacific region is poised to dominate the global market, holding the largest market share by the conclusion of the analysis period. This dominance is attributed to a considerable demand for secure packaging solutions during transportation. The paper edge protectors industry is witnessing significant growth, driven by the expanding packaging sector, particularly in developing economies, and an increasing demand for innovative solutions in the market.
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Market Trends:
- Rising demand for sustainable packaging solutions: Paper edge protectors are a sustainable alternative to traditional plastic or metal edge protectors. They are made from recycled paperboard and are biodegradable. This is appealing to consumers and brands alike, who are increasingly looking for sustainable packaging solutions.
- Growing e-commerce industry: The e-commerce industry is growing rapidly, and this is driving the demand for paper edge protectors. Paper edge protectors are used to protect goods during shipping and handling, which is essential for ensuring that goods arrive at their destination in good condition.
- Increasing awareness of the benefits of paper edge protectors: Businesses and consumers are becoming more aware of the benefits of paper edge protectors, such as their ability to protect goods from damage, reduce waste, and provide a cost-effective packaging solution.
- Technological advancements: Paper edge protector manufacturers are constantly innovating and developing new and improved paper edge protector solutions. This is helping to drive down the cost of paper edge protectors and making them more accessible to a wider range of businesses and consumers.
According to the recent report published by RC Market Analytics, the Global Paper Edge Protectors Market is expected to provide sustainable growth opportunities during the forecast period from 2023 to 2030. This latest industry research study analyzes the paper edge protectors market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants. The report offers a holistic view of the paper edge protectors industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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Geographically, the paper edge protectors market report comprises dedicated sections centering on the regional market revenue and trends. The paper edge protectors market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Paper edge protectors market estimates have also been provided for the historical years 2020 & 2021 along with forecast for the period from 2023 – 2030.The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, Italy, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
The Paper Edge Protectors Market Segmentation:
By Type:
- Angular Paper Edge Protectors
- Round Paper Edge Protectors
By Material:
- Solid Bleached Sulphate (SBS)
- Coated Unbleached Kraft Paperboard
- Recycled Paperboard
By End-Use Industry:
- Logistics and Transportation
- Warehousing
- Manufacturing
- Home-Infusion
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Some of the major market players operating in the global paper edge protectors market are Smurfit Kappa Group Plc, VPK Packaging Group NV, Sonoco Products Company, Packaging Corporation of America, Rengo Co., Ltd., A.L. Company, Inc., Primapack SAE., Cascades Inc., Litco International, Inc., and Kunert Gruppe.
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Key Questions Answered by Paper Edge Protectors Market Report:
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to Paper Edge Protectors market
- Analysis of the key factors driving and restraining the growth of the global, regional and country-level markets from 2020-2027
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