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.
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 –
On the basis of fluting styles, the global corrugated plastic dividers and partitions market has been segmented as –
On the basis of thickness, the global corrugated plastic dividers and partitions market has been segmented as –
On the basis of end use, the global corrugated plastic dividers and partitions market has been segmented as –
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 FMI 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
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