By the end of 2033, the market for paper edge protectors is predicted to be worth US$ 4.56 billion, up from an anticipated US$ 2.91 billion in 2023. From 2023 to 2033, the market is expected to see a CAGR of 4.5%.
Paper edge protectors, also known as angle boards, are protective packaging materials designed to safeguard vulnerable edges and corners of various goods during transportation. They are typically made from recycled paperboard, which provides both strength and flexibility. These innovative products help prevent damages caused by impact, compression, and stacking, ensuring the safety and integrity of the packaged items.
The Importance of Paper Edge Protectors
The transportation process can subject goods to various hazards, such as rough handling, stacking pressure, and accidental impacts. Without proper protection, these goods are susceptible to scratches, dents, and even complete destruction. The Paper Edge Protectors Market addresses this concern by offering an effective solution to shield vulnerable edges and corners, reducing the risk of damage. By utilizing paper edge protectors, businesses can minimize losses, enhance customer satisfaction, and maintain their reputation for delivering intact goods.
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According to the report, demand for paper edge protectors will remain maximum in the food & beverages industry, garnering more than 1/4th market value share of the entire manufacturing segment. Beverages, particularly, are expected to account for significant growth in the paper edge protectors market.
Factors Driving Market Growth
Several factors are contributing to the growth of the paper edge protectors market:
- Increasing Awareness: As businesses become more aware of the importance of secure packaging, the demand for paper edge protectors continues to rise. The need to protect valuable goods and reduce product damage is driving the market’s growth.
- Expansion of E-commerce: The thriving e-commerce industry is a major catalyst for market growth. With the increasing number of online orders and cross-border shipments, the demand for paper edge protectors has soared.
- Shift Towards Sustainable Packaging: The growing focus on sustainable practices has prompted businesses to opt for environmentally friendly packaging solutions. Paper edge protectors, being recyclable and biodegradable, are gaining traction as an eco-conscious choice.
- Advancements in Manufacturing Techniques: Innovations in manufacturing processes have led to the production of more efficient and cost-effective paper edge protectors. This has made them accessible to a wider range of businesses, further propelling market growth.
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Competitive Landscape-
FMI’s study has profiled some of the prominent companies operating in global paper edge protectors market, including
- Smurfit Kappa Group PLC,
- Packaging Corporation of America,
- Sonoco Products Company,
- Rengo Co., Ltd.,
- N.A.L. Company, Inc.,
- Primapack SAE,
- Konfida,
- Cascades Inc.,
- Litco International, Inc.,
- Kunert Gruppe,
- Raja S.A.,
- Pratt Industries, Inc.,
- Eltete Oy,
- Napco National,
- Pacfort Packaging Industries,
- Cordstrap B.V.,
- VPK Packaging Group NV,
- Signode Industrial Group (Crown Holdings),
- Romiley Board Mill, and
- Tubembal – Paper Processing and Packaging Trade, S.A.
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Global Paper Edge Protectors Market by Category
By Material Type:
- Solid Bleached Sulphate (SBS)
- Coated Unbleached Kraft Paperboard
- Recycled Paperboard
By Product Type:
- Angular Paper Edge Protector
- Round Paper Edge Protector
By End-use Industry:
- Logistics & Transportation
- Warehousing
- Manufacturing
- Food & Beverages
- Building & Construction
- Personal Care & Cosmetics
- Pharmaceuticals
- Electrical & Electronics
- Chemicals
- Others
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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