Dublin, Ireland -- (SBWire) -- 01/03/2019 --Global Paperboard Protectors Market Overview
The effectiveness of a protective packaging product largely depends on the design of the complete packaging solution. The global paperboard protectors market primarily caters to the shipping & transportation industry where paperboard protectors are used to safeguard bulk products. Paperboard protectors are basically protective packaging solutions that provide product protection as well as safety. Paperboard protectors ensure no-disturbance to the alignment of packaged products during transportation and thus, lessen the chances of product damage. Key manufacturers of paperboard protectors must assess customer demand and focus on catering to the requirement of ensuring product safety and thus, the paperboard protectors market is extensively dependent on the manufacturing industry.
Global Paperboard Protectors Market Dynamics
The market for paperboard protectors is likely to witness above average growth as a result of high demand for retail-ready applications from e-commerce portals. The upsurge in demand for consumer durables & electronic goods has created new opportunities for protective packaging solutions market. Also, nearly one-third of the demand for corrugated boxes in 2015 was generated by the packaged food and beverages industry, which has been pushing the demand in the paperboard protectors market.
Growing manufacturing activity and industrial output will be the two imperative factors expected to drive the demand for paperboard protectors in both developed as well as developing economies during the forecast period. Customers in developed regions demand diverse types of paperboard protectors for diverse applications and hence, the demand for paperboard protectors is fragmented. This demand for varied protective packaging solutions is expected to largely push the demand in the paperboard protectors market over the forecast period.
However, it has been regularly observed that one-size-fit-all paperboard protectors are rarely applicable in the protective packaging industry, which is a major factor that may negatively impact the growth of the global paperboard protectors market.
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Global Paperboard Protectors Market Segmentation
The global paperboard protectors market can be segmented on the basis of product type, thickness and end users.
The global paperboard protectors market can be segmented on the basis of product type into:
Flat paperboard protectors
Angular paperboard protectors
Custom made paperboard protectors
The global paperboard protectors market can be segmented on the basis of thickness into:
2mm
4mm
6mm
8mm
10mm & above
The global paperboard protectors market can be segmented on the basis of end use industry served into:
Shipping and Logistics Industry
Consumer Durables & Electronic Goods (CDEG) Packaging
Automotive spares packaging
Consumer Durables & Electronic Goods (CDEG) Packaging
Home & Personal Care Products Packaging
Other Industries
Global Paperboard Protectors Market Regional Outlook
Among geographies, the paperboard protectors market at present is being dominated by regions that display high demand for consumer durables & electronic goods (CDEG) and have high penetration of e-commerce retail. Developed countries of North America as well as Europe are expected to witness linear growth over the coming decade owing to the presence of established markets for protective packaging in this region.
However, developing economies of Asia Pacific region, such as India & China, will be lucrative markets for paperboard protectors during the forecast years. Increasing shipments of consumer electronics products, including tablet, laptop, smartphone, etc., particularly in the emerging markets, is expected to fuel the positive growth in paperboard protectors market. Similarly, Middle-East as well as Latin America regions are expected to create considerable opportunities for the manufacturers of paperboard protectors in the coming years.
Overall, the global paperboard protectors market is scheduled to witness healthy CAGR throughout the forecast period.
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Global Paperboard Protectors Market Key Players
Some of the key players currently operating in the global paperboard protectors market are:
Smurfit Kappa Group
DS Smith
BEE Packaging
Multicell Packaging
Imperial Printing & Paper Box
Romiley Board Mill
The Golden Box
Kunert Gruppe
Alsamex Products Ltd
Dandy Packaging
Eurodividers
Gateway Packaging Pty Ltd
Samuel Grant Group Ltd
VPK Packaging Group
Nomaco
Cactus Containers
ColePak
Genesee Packaging
GWP Group
Alsamex Products Ltd
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Paperboard Protectors Market Forecast Research Reports Offers Key Insights 2018-2028