NEW
YORK, July 29, 2024 /PRNewswire/ -- The
global paper edge protectors market size is estimated to grow
by USD 789.5 million from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of 6.36% during the forecast period. Rapid
industrialization is driving market growth, with a trend
towards growing popularity of plastic-based paper edge
protectors. However, volatility in raw material prices poses a
challenge. Key market players include Cascades Inc., CORDSTRAP BV,
Crown Holdings Inc., Dongguan ZhongYueDa paper Co. Ltd., Eltete TPM
Ltd, Inter-Pack LTD., Konfida Ambalaj Tekstil San. Tic. AS, Kunert
Group, Napco National, North American Laminating and Converting
Co., PACFORT, Packaging Corp. Of America, Primapack, RAJAPACK Ltd.,
Romiley Board Mill, Smurfit Kappa Group, Sonoco Products Co.,
TRANSFORMACAO DE PAPEL E COMERCIO DE EMBALAGENS SA, VPK Group, and
Yamaton Paper GmbH.
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Product (Angular and
Round) and Geography (APAC, Europe, North America, South America,
and Middle East and Africa)
|
Region
Covered
|
APAC, Europe, North
America, South America, and Middle East and Africa
|
Key companies
profiled
|
Cascades Inc.,
CORDSTRAP BV, Crown Holdings Inc., Dongguan ZhongYueDa paper Co.
Ltd., Eltete TPM Ltd, Inter-Pack LTD., Konfida Ambalaj Tekstil San.
Tic. AS, Kunert Group, Napco National, North American Laminating
and Converting Co., PACFORT, Packaging Corp. Of America, Primapack,
RAJAPACK Ltd., Romiley Board Mill, Smurfit Kappa Group, Sonoco
Products Co., TRANSFORMACAO DE PAPEL E COMERCIO DE EMBALAGENS SA,
VPK Group, and Yamaton Paper GmbH
|
Key Market Trends Fueling Growth
Over the years, paper has been the traditional material for
manufacturing paper edge protectors. However, due to the extensive
use of fiber and other particulates in paper, which can negatively
impact the quality of the final product, the demand for alternative
materials has risen. Vendors have responded by exploring new ways
to manufacture paper edge protectors using plastics. Plastic-based
paper edge protectors are now being produced using polymer-based
composites and wrapped in cardboard. These polymers, such as
polypropylene, offer several advantages over paper. For instance,
they have greater thermal resistance, making them more suitable for
extreme temperatures. Additionally, they are more sustainable as
they require less maintenance and last longer. Furthermore,
plastic-based paper edge protectors are impact-resistant, enabling
them to handle high pressure from strapping and withstand abrasion
to a greater extent. Lastly, they are lightweight due to the use of
polymers, reducing the overall weight of the edge protector and the
final package. This shift towards using plastic-based materials in
paper edge protectors is expected to significantly impact the
market landscape and dynamics. The growing adoption of polymers in
manufacturing paper edge protectors is a positive trend for the
global paper edge protectors market during the forecast period.
The Paper Edge Protectors market is experiencing significant
growth, particularly in industries such as Pharma and Consumer
Goods, driven by industrialization and improved supply chain
capabilities. Seaborne trade and transportation have increased the
need for edge protectors, corner protectors, and other innovative
packaging solutions in the United
States market. With a focus on sustainability, paper edge
protectors have gained popularity due to their eco-friendly nature.
Trends like plastic reduction and e-commerce have boosted demand
for edge protectors, trays, and sustainable packaging solutions.
Environmental concerns have led to the development of various
sizes, configurations, and shapes, including rectangular, square,
and round coverings. Edge guarding, pallet guarding, and load
stability are essential functions, ensuring safety, support, and
damage prevention during storage and transportation. Industrial and
consumer goods, stacked products, and corrugated stacks benefit
from paper edge protectors, which provide structural integrity,
external and internal damage prevention, and pallet load
unification. U-profiles, side protection boards, vertical
protection boards, and end protection boards offer breakage
resistance and stacking strength, making them indispensable in
various industries.
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Market Challenges
- The paper edge protectors market faces significant challenges
due to the volatility in raw material prices, primarily recycled
craft papers. These papers are made from recycled fiber, which is
the primary raw material. The price of recycled craft papers is
influenced by various factors such as fiber prices, economic
conditions, currency rates, commodity prices, resource
availability, transportation costs, political instability, weather
conditions, and natural disasters. The consolidation among
suppliers further intensifies price pressure. Vendors attempt to
mitigate this risk by signing long-term agreements with suppliers,
but price caps are common in such contracts. The competitive market
compels vendors to maintain low prices, making even small price
changes detrimental to market share. These factors hinder the
growth of the global paper edge protectors market during the
forecast period.
- The Paper Edge Protectors market faces several challenges in
various industries. In the warehousing sector, flat board and angle
board protectors need to offer easy installation, durability,
and recyclability to compete. For personal care and
import/export sectors, lightweight and low-cost options like ID and
OD protectors are preferred. In plastic packaging, impact and
abrasion resistance, suitability for various shapes, and
reusability are key. Unfavorable factors like unfavorable weather
conditions, hazardous effects of pollutants, and ecological hazards
call for edge protectors with high resistance and sustainability.
Metal and plastic edge protectors each have their advantages, with
perforation being a common concern for both. Recycled materials,
such as recycled paperboard, are gaining popularity due to
environmental awareness and international trade regulations.
Greenhouse gas emissions and landfill waste are major concerns,
making recyclability and sustainability essential. Overall, the
market requires protective packaging solutions that balance cost,
functionality, and environmental impact.
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challenges - Download a Sample Report
Segment Overview
This paper edge protectors market report extensively covers
market segmentation by
- Product
- Geography
- 2.1 APAC
- 2.2 Europe
- 2.3 North America
- 2.4 South America
- 2.5 Middle East and
Africa
1.1 Angular- Angular paper edge protectors offer
essential benefits for businesses handling and transporting
heavyweight products in boxes. These protectors, available at a 90°
angle, prevent slippage and damage to sensitive corners. Angular
paper edge protectors boast superior burst strength, shielding
packages from shocks. They also resist high mechanical tension,
safeguarding goods from pressure exerted by plastic or metallic
strapping. These protectors maintain load stability, keep goods
compact, and securely anchor them to the base. Their customizable
features, including length, color, and logo printing, cater to
diverse business needs. Angular paper edge protectors are offered
in single, double, and triple wall structures, with higher layers
providing enhanced strength. Suitable for square, rectangular, or
similarly shaped boxes, these protectors are a popular choice for
businesses, driving the growth of the paper edge protectors
market.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Learn and explore more about Technavio's in-depth research
reports
The global Paper and Paperboard Container and Packaging Market
is expanding, driven by increasing demand for sustainable and
eco-friendly packaging solutions. The Corrugated Box Market is also
on the rise, fueled by e-commerce growth and the need for
protective, cost-effective packaging. Meanwhile, the Home and
Office Paper Shredders Market is experiencing growth as data
security concerns escalate, leading to higher demand for shredding
solutions. These trends highlight the growing importance of
innovative and secure paper-based products across various
sectors.
Research Analysis
Paper edge protectors, also known as corner protectors, are
essential components of protective packaging used to prevent damage
to various goods during transportation and handling. These
protectors are typically made of recycled paperboard, making them
an eco-friendly alternative to plastic. With growing environmental
awareness and the increasing use of recycled materials in
packaging, the market for paper edge protectors is experiencing
significant growth. International trade and urbanization have led
to an increase in the need for protective packaging solutions,
especially for consumer and industrial goods. However, the use of
paper edge protectors also poses some hazards, such as the
potential release of pollutants into the atmosphere during
production and disposal. Sustainability and innovative packaging
solutions are key trends in the market, with a focus on creating
sustainable packaging that reduces ecological hazards and enhances
brand visibility. The pharma industry and industrialization are
significant end-users of paper edge protectors due to their need
for robust and reliable protective packaging. Supply chain
capabilities are also crucial factors in the market, as companies
seek to ensure timely delivery and high-quality products. Overall,
the paper edge protector market is expected to continue growing,
driven by the need for sustainable and effective protective
packaging solutions.
Market Research Overview
Paper edge protectors are essential components of protective
packaging, designed to safeguard the edges and corners of various
products during transportation and storage. These protectors are
commonly made of recycled paperboard, aligning with the growing
trend towards using sustainable materials. With increasing
environmental awareness, the use of recycled materials in packaging
is becoming a priority. However, international trade and
urbanization pose challenges, as plastic edge protectors, despite
their hazardous effects, continue to dominate the market due to
their low costs and high impact resistance. The pharma and
consumer goods industries, along with the industrialization of
various sectors, drive the demand for edge protectors. The supply
chain capabilities of manufacturers play a crucial role in meeting
the needs of diverse industries. Sustainability and innovative
packaging solutions are key trends, with e-commerce and the
transportation industry leading the way in adopting paper edge
protectors for damage prevention. Paper edge protectors come in
various sizes, configurations, and shapes, including side
protection boards, vertical protection boards, end protection
boards, U profiles, flat boards, angle boards, ID protectors, and
OD protectors. They offer support, safety, and structural
integrity, ensuring load stability, stacking strength, and pallet
load unification. The paper core pipes used in their production are
easily installable, durable, and recyclable, making them a
cost-effective and eco-friendly alternative to plastic edge
protectors. However, unfavorable factors like external and internal
damage, and the hazardous effects of pollutants on the atmosphere,
pose challenges to the paper edge protector market. The market is
expected to grow as more industries adopt sustainable practices and
innovative packaging solutions to address these challenges.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Geography
-
- APAC
- Europe
- North America
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
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Contacts
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Email: media@technavio.com
Website: www.technavio.com/
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