‘Delivery in demand’ and online shopping have opened up new avenues for the globally shaped corrugated packaging market
The global packaging business cannot do without shaped corrugated packaging since these boxes are a crucial means in the transportation as well as handling of finished goods. Shaped corrugated boxes are exceptionally sturdy, provide better protection, and are composed of micro-flute corrugated cardboard. Shaped corrugated packaging is incredibly lightweight, economical, and most importantly, 100% recyclable. This packaging may be used to transport a wide range of goods and is acceptable for food contact as well. Shaped corrugated packaging is highly sought after since it precisely matches the product's shape and size requirements, making it consumer-friendly.
Shaped corrugated packaging is made up of curved corrugated packages. This distinctive form decreases the weight of the containers by 30% while maintaining product protection. Furthermore, the market for curved corrugated packaging is influenced by the fact that it is eye-catching and draws customer attention within the retail environment. Flat panels provide a strong presence on advertising shelves, smooth graphic continuity around the curve, as well as cube effectiveness for storage and shipping. During transportation, shaped corrugated packing is suggested since it is more pressure resilient and sturdier than other shipping containers. The market for shaped packaging guarantees that consumer items are not damaged during delivery.
Online shopping as well as "delivery on demand" services have experienced rapid expansion, which has prepared the way for the enhanced demand for shaped corrugated packaging. Despite the favorable prognosis for shaped corrugated packaging, numerous obstacles might slow the market's growth, such as materials with weak barrier properties and corrugated packages that have lost strength and stiffness due to the humid and damp weather. Due to the weak barrier characteristic of the curved corrugated packaging, liquid items are also not chosen. Hence, this factor can restrain the growth of the market during the forecast period.
Region-wise, North America is the major revenue contributor to the shaped corrugated market after Europe. In the globally shaped corrugated market, Asia-Pacific has emerged as the region with the quickest growth. Throughout the projected period, the market for corrugated packaging is anticipated to expand at a CAGR of over 4%. These recyclable boxes will become more necessary as demand for environmentally friendly packaging increases. The cosmetics, homecare, retail, and health care sectors are predicted to drive the growth of the corrugated market in emerging nations like India and China. Due to the sustainability and environmental friendliness of shaped corrugated packaging, several nations are favoring this type of packaging over plastic. This will help the market for shaped corrugated packaging develop during 2022-2032.
The shaped corrugated packaging is an evitable part of global packaging industry which rely on corrugated boxes for finished goods transportation and handling. Shaped corrugated boxes are made from micro-flute corrugated cardboard, are extremely strong and offer improved protective qualities.
Shaped corrugated packaging material is extremely light weight, cost effective and above all it is 100% recyclable. Shaped corrugated packaging is also suitable for food contact and can be used for transportation of wide variety of products. Shaped corrugated packaging is high in demand as it meets the exact size and shape requirements which makes the product consumer friendly.
These shaped corrugated boxes are available in many shapes in the market such as rectangular sheets, cardboard roll, partition corrugated boxes, curved, printed, duplex corrugated boxes, flat boxes, multi depth boxes and die cut corrugated boxes. The logistics cost is also reduced because of the light weight of the shaped corrugated packaging. Shaped corrugated packaging has a market in sectors such as food industry, bakery and confectionary industry, chemical, seafood, electronics, hardware packaging and others.
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Shaped corrugated packaging consists a curved shaped corrugated packaging. This unique shapes reduces the weight of the container by 30% without jeopardizing product protection. In addition to this shaped corrugated packaging market is driven by the fact that it is eye catching and attracts consumer attention in the retail environment.
Flat panels offer good presence on billboard shelf, seamless continuation of graphics around the curve and cube efficiency for shipping and storage. Shaped corrugated packaging is recommended during shipment as they are pressure resistant and stronger than other shipping boxes. Shaped packaging market ensures damage free transit of consumer goods.
The robust growth in “delivery on demand” services and online shopping has paved a path for the growth of shaped corrugated packaging market. Despite the positive outlook of the shaped corrugated packaging, there are some restraints that might hamper the shaped corrugated packaging market such as poor barrier property of material, reduction in strength and firmness of the corrugated boxes because of the humid and moist weather. Further, liquid products are not preferred due to the poor barrier property of the shaped corrugated packaging.
The growth of shaped corrugated packaging market is influenced by the growing trend of online shopping, rapid growth in electronic sector and growing demand for product safety. North America is the leading revenue generator to the shaped corrugated market followed by Europe. Asia-Pacific ha emerged as the fastest growing region in the shaped corrugated market. The global corrugated packaging market is expected to grow at a CAGR of over 4% during the forecast period. The demand for sustainable packaging will boost the requirement of shaped corrugated boxes which are recyclable. Growth of shaped corrugated market in the developing countries such as India and China is expected to be because of the industries such as beauty and health-care, homecare, and retail. Shaped corrugated packaging being sustainable and ecofriendly in nature will contribute to the growth of shaped corrugated packaging market with many countries pushing for sustainable packaging over plastic.
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Shaped Corrugated Packaging Market
