The various facets of packaging have changed the dynamics of the market. Packaging is not only limited to merely advertising a product but has also extended to keeping the product safer for longer durations. A well packaged product is a testimony to the reputation of the brand and adds days or months to the product’s shelf life.
Thus, most manufacturers have exhibited a keen interest in investing in edge protectors. The demand for edge protectors has been increasing from nearly all end user sectors owing to the issues faced by them while shipping products. Moreover, edge protectors ensure that the product does not get damaged in the transportation of bulk products.
Future Market Insights anticipates the global edge protector market is likely to reach a valuation of US$ 2.9 Billion in 2022. During the 2022 to 2032 forecast period, a CAGR worth 4.8% has been expected for the industry, culminating at US$ 4.64 Billion.
| Data Points | Key Statistics |
|---|---|
| Market Value in 2022 | US$ 2.9 Billion |
| Market Value in 2032 | US$ 4.64 Billion |
| Growth Rate (2022 to 2032) | 4.8% CAGR |
The presence of various types of edge protectors such as angular, flat and custom-made edge protectors is making it easier for end user industries to adopt the same. Edge protector manufacturers are focusing on customizing edge protectors by using various materials such as plastic, cardboard and metal to ensure safety of the product.
Future Market Insights states that edge protectors are witnessing huge demand owing to the numerous benefits they provide
Edge protector’s impact resistant nature along with being heat resistant and highly reusable is increasing the adoption of the same. Edge protectors do not melt and are capable of surviving in changing weather conditions. Thus, making it a reliable option for various end user sectors.
Plastic edge protectors are gaining immense popularity across different end user industries owing to their light weight nature and inexpensive price range. On the other hand, manufacturers of edge protectors are focusing on developing sustainable edge protectors due to the strict regulations set by different government authorities.
Moving ahead, edge protectors are expected to gain huge prominence owing to product innovation in different fields. Not only are edge protectors withstanding damage during transportation but also their reusability factor is making them a dependable option for numerous end user sectors.
With the advancement of technology, innovation in edge protectors is expected at the earliest. This will help in understanding the condition and location of the product.
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Design of the overall packaging system determines the functionality and effectiveness of the packaging solution. Edge protectors used prominently in shipping and transportation play a crucial role in product protection and product safety.
They also minimize the probability of product damage and ensure the arrangement of bulk items throughout the transportation process. The global edge protector market is characterized by packaging solutions particularly designed for transportation and shipping of bulk products.
Shipping of material or exporting of items requires packaging materials, in order to prevent products from getting harmed. Primary packaging formats such as rigid boxes, corrugated boxes and folding cartons are widely used for primary and secondary packaging of consumer goods.
Complex and prolonged supply chains result in damage to such rigid primary and secondary packaging formats. Edge protectors play a critical part in protecting primary packaging from getting damaged during supply chain and logistics operations. Edge protectors reduces the chance of loss that can be caused during replacement of the product.
Edge protector provides an effective cushioning functionality for carrying and transporting heavy weight batches of consumer products. Edge protectors also provide internal support to packaging material, which also eases the transportation of products. One of the value added feature of edge protector is that it maintains the static strength of the material that does not allow the material to get compressed when packed in a box.
The global market for edge protectors is characterized by manufacturers supplying edge protectors in various product designs including angular edge protectors, flat edge protectors and custom made edge protectors.
The global market for edge protector is influenced by transport and shipping requirement in industrial markets. Edge protectors offering functional resistance to wear and tear are widely used for the construction industry. Edge protector prevents valuable material from falling apart and also from breakage.
Cardboard edge protectors are increasingly replacing wood edge protectors as cardboard offers better durability. Edge protectors are widely used over other products as these are recyclable and biodegradable. Edge protectors with advanced design material properties can sustain impact from moisture, mechanical stress, heat, and light.
Principal Consultant
Global edge protector market is segmented into seven regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan. North America and Europe are the leading markets for edge protectors.
Food & beverage and pharmaceutical industries are key end use industries supporting the demand for edge protectors in the North American and European markets. The global market for edge protectors is anticipated to witness high growth in Asia Pacific and Latin American markets due to growing economic activities.
Some of the players of edge protector markets are Gateway Packaging Pty Ltd, Samuel Grant Group Ltd, VPK Packaging Group, Propagroup, Angleboard, Kunert Gruppe, Alsamex Products Ltd, Nomaco, and Great Northern Laminations.
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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 in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The global market for edge protectors is segmented on the basis of product type, material type and by end use.
On the basis of product type, the global market for edge protectors is segmented as follows:
On the basis of material type, the global market for edge protector can be segmented as:
On the basis of end use, the global market for edge protector can be segmented as:
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Edge Protector Market
