Global Corrugated Envelopes packaging market: Introduction
Corrugated envelopes are made up from corrugated cardboard which is 100% recyclable. Corrugated envelops have enhanced strength as compared to conventional paper envelopes, which gives them a preferential advantage. Corrugated envelopes are designed to provide heavy-duty protection for materials such as photographs, prints, and documents during distribution. There are various benefits provided by corrugated envelopes, as they are made available in a variety of sizes and also provide extra protection needed for valuable flat items such as photos and documents. Corrugated envelope packaging is preferred due to their strength, and features such as good printability and weather resistance. It is due to their advantage over conventional envelopes, that the global corrugated envelopes packaging market is anticipated to enjoy healthy growth over the forecast period. Manufacturers of corrugated envelopes emphasize on usage of lightweight corrugated board grade, which make the corrugated envelopes cost effective while retaining their strength. Therefore, outlook for the global corrugated envelopes packaging market look promising, during the forecast period.
Global Corrugated Envelopes packaging market: Dynamics
One of the significant factors that is expected to contribute to the growth of the global corrugated envelopes packaging market, is the increase in demand for packaging envelopes and mailers, due to a rise in the number of web-based companies which require versatile packaging to transport the goods through mail. Also, growth in numbers of logistics service providers and parcel delivery service providers, such as DHL, UKMail, Hermes, FedEx, and YODEL, among others, is expected to have a positive impact on growth of the global corrugated envelopes packaging market. In addition, since corrugated envelopes take less storage space, are lightweight and can be easily transported and recycled, they are more likely to be preferred as an efficient and eco-friendly packaging solution, during the forecast period. Another important factor that is increasing the demand for corrugated envelopes, is its cost-effectiveness. Also, as safety of the product is of paramount importance, corrugated envelopes are considered one of the appropriate packaging solutions that can deliver on the same. However, corrugated envelope sales are declining in line with the overall industry due to alternative means of transmitting information such as electronic mail, fax machines, the internet, voice mail messages and other electronic communication systems. This might be one of the restraining factors to the growth of the global corrugated envelopes packaging market.
Global Corrugated Envelopes packaging market: Segmentation
The global Corrugated Envelopes packaging market has been segmented as follows –
On the basis of material type, the global Corrugated Envelopes packaging market has been segmented as:
- Kraft Paper
- Wood Pulp
- Cotton Fiber
- Synthetic substrates
On the basis of thickness, the global Corrugated Envelopes packaging market has been segmented as:
- B flute
- C flute
- E flute
- F flute
On the basis of End-use industry, the global Corrugated Envelopes packaging market has been segmented as:
- Pharmaceutical Industry
- Food & Beverages Industry
Corrugated Envelopes packaging market: Geographical Outlook
The global Corrugated Envelopes packaging market has been divided into seven regions as follows –
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Middle East & Africa (MEA)
China and India are expected to witness significant growth in the corrugated envelope packaging market, which includes some of the key factors like growing population, expanding the base of the professionals. The emerging economies Asia and Latin America, are expected to spearhead growth of the global corrugated envelopes packaging market, during the forecast period. Also, the Middle East and Africa region is expected to witness significant rise in use of corrugated envelopes in the packaging market.
Global Corrugated Envelopes packaging market: Key Players
Some of the key players operating in the global Corrugated Envelope Packaging market are – Smurfit Kappa Group, Blake Envelopes, Polycart Envelopes, and Plus Packaging, Inc., among others.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.