Global Corrugated Plastic Dividers and Partitions Market: Overview
The global protective packaging market in terms of revenue is estimated to exceed USD 40 billion by 2027. Factors, such as continuous technological advancements coupled with rising manufacturing output, and increased consumer spending in retail sector, are projected to be the significant growth factors. Moreover, high penetration of e-commerce industry, specifically in the APAC region is expected to drive the protective packaging market during the forecast period.
Today, the core of packaging lies in the safety of product during its conveyance or the time before product purchase or consumption. Several packaging options across the globe, offer superior appealing values to the manufactured goods from varied industries, corrugated plastic dividers and partitions are one of that protective packaging solution that submits the elementary property of product security.
Corrugated plastic is also known as corriboard and is an integral part of reusable / sustainable / returnable packaging made from high-impact polypropylene resin. The graphics industry was the first to adopt corrugated plastic but over time, the mounting demand of reusable packaging to resolve issues of solid waste generation has lead to inroads for corrugated plastic packaging especially in designing protective packaging solutions.
Moreover, use of corrugated plastic dividers and partitions recalled the significance of weight reduction. For instance, application of light weight corrugated plastic dividers with boxes/totes in air freight for postal mails can lead to saving of $1 million of annual fuel cost. Hence, for material handling applications the light weight corrugated plastic dividers and partitions meets the ergonomics requirements across a range of industries.
Corrugated plastic dividers and partitions are designed to fit your existing / custom-designed containers such as totes, bulk and foldable containers, steel racks & frames, trays, etc. and act as separators that guard fragile product against any damage due to sudden impact during delivery between manufacturers, retailers, distributors, and consumers. Corrugated plastic dividers and partitions are applied in safe shipping of automotive spare parts, electronic appliances, consumer products, etc.
Global Corrugated Plastic Dividers and Partitions Market: Drivers & Restraints
Cost-effectiveness along with higher operational performance are some important factors that fuel the demand for corrugated plastic dividers and partitions and have thus furthered the growth of the corrugated plastic protective packaging market across the globe. Growing demand for consumer products on the verge of fast-moving consumer lifestyle and rising per-capita income has thus fueled the demand for protective packaging solutions across the globe. Mounting applications of corrugated plastic protective packaging from safeguarding of fragile products to its safe carriage, dividers, and partitions particularly in developing countries are expected to observer fresh investments in the protective packaging market.
However, scrapping & dumping of corrugated plastic dividers and partitions remains a serious challenge for manufacturers, thus compelling the governing bodies to induce punitive recycling protocols for the market players across the globe.
The value chain & distribution channel for global corrugated plastic packaging market can be listed as follows:
Global Corrugated Plastic Dividers and Partitions Market: Segmentation
The global corrugated plastic dividers and partitions market is segmented on the basis of applications in which the corrugated plastic dividers and partitions are used, the thickness of corrugated plastic sheets/rolls in manufacturing dividers and partitions, fluting styles of corrugated plastics, and the use of corrugated plastic dividers and partitions in end use industries.
On the basis of application type, the global corrugated plastic dividers and partitions market has been segmented as –
- Bulk containers
- Foldable containers
- Steel Racks
On the basis of fluting styles, the global corrugated plastic dividers and partitions market has been segmented as –
- Square flutes
- Rounded Flutes
On the basis of thickness, the global corrugated plastic dividers and partitions market has been segmented as –
- 10mm & above
On the basis of end use, the global corrugated plastic dividers and partitions market has been segmented as –
- Automotive spare parts
- Electronic goods & appliances
- Personal care
In terms of applications, well designed corrugated plastic dividers and partitions are usually preferred to fit in die cut boxes, bulk containers such as totes, boxes, racks & frames, etc.
Global Corrugated Plastic Dividers and Partitions Market: Regional Overview
Geographically, the global corrugated plastic dividers and partitions market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).
According to the TMR Analysis, the global protective packaging market in terms of value was valued at US$ 24.9 Bn, by 2016, and is projected to expand at a CAGR of 5.3%, to reach US$ 39.5 Bn, by the end of 2025. Among the regions, the corrugated plastic dividers and partitions market is presently being controlled by the areas which display a measurable demand mainly generated from the online portals in electronics and other consumer goods market. Countries like USA, Germany, France, Britain, Canada, etc. from the North America and European region over the forecast period are expected to witness linear growth as a result of growing manufacturer’s inclination towards protective packaging for fragile products. Asia Pacific region, with emerging economies like India, Indonesia, China, Thailand, etc. are likely to be the most productive market in terms of growth in corrugated plastic protective packaging market over the coming years, as a result of booming automotive and consumer products industry owing to rising urbanization and growing disposable incomes.
Global Corrugated Plastic Dividers and Partitions Market: Key Players
Some key players that currently operate in corrugated plastic dividers and partitions market across the globe can be segmented into three tiers based on their market share as follows
- Tier 1 corrugated plastic dividers and partitions manufacturers (includes market leaders with a market share of more than 5%)
- DS Smith plc.
- Amatech Inc.
- Inteplast Group, Ltd.
- ORBIS Corporation
- Tier 2 corrugated plastic dividers and partitions manufacturers (includes market players with a market share above 1% while below 5%)
- Flexcon Company, Inc.
- Packaging Specialties, Inc.
- Genesee Packaging, Inc.
- Numatech West LLC
- Cutting Edge Converted Products
- Infinex North America
- Tier 3 corrugated plastic dividers and partitions manufacturers (includes manufacturers with market share below 1%)
- Reusable Transport Packaging Inc.
- Diverse Global Corporation.
- GWP Group Limited
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?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across 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.