REPORT OVERVIEW
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The global cardboard box edge protector market size was in USD 2446 million 2022. As per our research, the cardboard box edge protector market is expected to reach USD 3327.3 million by 2029, exhibiting a CAGR of 4.4% during the forecast period. The COVID-19 pandemic has been unprecedented and staggering, with experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden decline in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.
A Box Made of Cardboard Edge Protector is a sort of protective packaging material used to reinforce and protect the edges of cardboard boxes and other types of packaging. It is usually built of strong and rigid materials like cardboard, plastic, or foam. The main reason for utilizing edge protectors is to keep the contents of a box safe during shipment, handling, and storage. Edge protectors aid in the distribution of pressure and stress around the edges of boxes, lowering the chance of crushing, denting, or bending the packaged products. They increase the structural stability of boxes, particularly those housing heavy or delicate objects. This helps to keep the boxes from collapsing or becoming deformed. Edge guards enable for safer stacking of boxes on top of one another.
Edge protectors provide strength at the locations where strapping or bands are used to fasten boxes. This keeps the strapping from cutting into the box and causing damage to the contents. Edge guards make it easier to load and unload boxes onto pallets, conveyor belts, and other surfaces by decreasing friction and potential damage. Edge protectors are available in a variety of sizes and shapes to meet varied box sizes and uses. They can be chopped and shaped to meet individual needs. Many edge protectors are manufactured from recyclable materials, which contributes to environmentally friendly packaging.
COVID-19 Impact: Supply Chain Disruptions to Hinder Market Growth
Global supply chains were disrupted as a result of the pandemic, including the production and transportation of packaging supplies such as cardboard box edge protectors. Manufacturing facility lockdowns, restrictions, and reduced staff capacity may have impacted the supply and availability of these products. With the implementation of lockdowns and social distancing measures, there was a huge increase in online buying and e-commerce activity. The necessity to satisfy online orders and ensure safe product delivery drove the spike in demand for packing materials such as cardboard boxes and edge protectors. While e-commerce demand increased, other businesses that utilize cardboard box edge protectors, such as manufacturing and retail, may have seen changes in demand as a result of temporary closures, decreased consumer spending, and supply chain issues.
LATEST TRENDS
"Sustainability and Eco-Friendly Solutions to Enhance Market Growth"
Packaging developments are still influenced by the emphasis on environmental sustainability. Companies and customers are increasingly looking for environmentally friendly and recyclable packaging materials, which may lead to the creation of more sustainable cardboard box edge protectors manufactured from recycled materials or engineered for easy recycling. Customization and personalisation of packaging solutions are becoming increasingly accessible as digital printing and packaging technologies progress. Customization of cardboard box edge protectors may increase to reflect branding, logos, or specific messaging. Automation and technology integration are helping to streamline and improve the efficiency of packaging processes. This development may have an impact on the manufacturing and application of cardboard box edge protectors, making the procedure more efficient and precise.
SEGMENTATION
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- By Type
Based on type market is classified as flat cardboard protector, corner cardboard protector and custom cardboard protector.
- By Application
Based on application market is classified as shipping and logistics, consumer durable and electronics (cdeg) packaging, auto parts packaging and home and personal care product packaging.
DRIVING FACTORS
"Sustainability Concerns to Augment Market Growth"
The ongoing growth of e-commerce and online shopping has raised demand for packing materials such as cardboard box edge protectors. The necessity for protective packaging to prevent damage during transit has increased as more products are distributed directly to customers. Growing awareness of environmental issues and the need for sustainability has prompted a shift towards environmentally friendly packaging options. Recycling cardboard box edge protectors can appeal to ecologically aware consumers and businesses. Edge guards are essential in protecting objects during shipping, handling, and storage. As businesses try to ensure that their items arrive to clients in pristine condition, the demand for effective packing solutions such as edge protectors remains high.
"Industrial and Manufacturing Applications to Propel Market Growth"
Cardboard box edge protectors are used to protect machinery, equipment, and other sensitive things in the industrial and manufacturing sectors, in addition to consumer goods. Demand for edge protectors in these areas may persist as manufacturing activities continue. To prevent damage to commodities during transportation, international trade and worldwide supply chains necessitate secure packaging. Cardboard box edge guards aid in the preservation of product integrity over long distances and modes of transportation. Edge protectors can be customised to meet individual packaging requirements and box sizes. Because of their versatility and customisation, they are a valuable packaging component for a variety of businesses. Packaging design and technology advancements may result in new and improved edge protector solutions that provide enhanced protection, efficiency, and ease of use.
RESTRAINING FACTORS
"Competition from Alternative Materials to Impede Market Expansion"
Price fluctuations in raw materials, such as cardboard or plastic, can have an impact on the cost of producing cardboard box edge protectors. If the cost of materials rises dramatically, producers' pricing and profitability may suffer. Alternative packaging materials or solutions that provide similar or greater protection may gain favour as the packaging business evolves. Manufacturers, for example, may experiment with various tyres. Packaging technology and material advancements may result in the creation of new, more efficient, and cost-effective packaging solutions that could compete with traditional cardboard box edge protector market growth.
REGIONAL INSIGHTS
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"North America to Dominate the Market Due to Rise of E-Commerce"
The manufacturing and e-commerce sectors in the United States and Canada contribute to the demand for protective packaging materials. Demand for cardboard box edge protectors market share in this region is projected to be driven by the rise of e-commerce and the need for effective shipping solutions. These countries frequently have a high demand for packaging materials, such as edge protectors, to ensure the safe transportation of goods. It has seen tremendous industrialization, urbanisation, and e-commerce expansion. These reasons all contribute to a high need for packaging materials to support manufacturing and online retailing.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage"
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Transpack Group (U.K.)
- Larton (U.S.)
- LLC «Paper & board company» (U.S.)
- Jiangxi JahooPak Co., Ltd. (China)
- SINOTOP PACKAGING MACHINERY CO., LTD. (China)
- Shenzhen Emily Industrial Co. Ltd (China)
- San (Qingdao) International Trade Co., Ltd. (China)
- Shivasoorya Paper Convhersion Private Limited (China)
REPORT COVERAGE
The report anticipates a detailed analysis of the global market size at the regional and national level, the ssegmentation market growth and market share. The prime objective of the report is to help user understand the market in terms of definition, market potential, influencing trends, and the challenges faced by the market. Aanalysis of sales, the impact of the market players, recent developments, opportunity analysis, strategic market growth analysis, territorial market expansion, and technological innovations are the subject matter explained in the report.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 2446 Million in 2022 |
Market Size Value By |
US$ 3327.3 Million by 2029 |
Growth Rate |
CAGR of 4.4% from 2022 to 2029 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the Cardboard Box Edge Protector market expected to touch by 2029?
The global Cardboard Box Edge Protector market size is expected to reach USD 3327.3 million by 2029.
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What CAGR is the Cardboard Box Edge Protector market expected to exhibit by 2029?
The Cardboard Box Edge Protector market is expected to exhibit a CAGR of 4.4% by 2029.
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Which are the driving factors of the Cardboard Box Edge Protector market?
Sustainability concerns and industrial and manufacturing applications are the driving factors of the Cardboard Box Edge Protector market growth.
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Which are the key players functioning in the Cardboard Box Edge Protector market?
Transpack Group, Larton, LLC «Paper & board company», Jiangxi JahooPak Co., Ltd. SINOTOP PACKAGING MACHINERY CO., LTD., Shenzhen Emily Industrial Co. Ltd and others are the key players functioning in the Cardboard Box Edge Protector market.