As the volume of global trade increases, the customer base gets dispersed in all parts of the world. To carter to such vast market, a proper logistics network is essential which can ensure safe delivery of goods. Corrugated packaging plays a vital role in preserving the status and condition of goods to be transported by providing extra strength, resilience, and protection against environmental factors. The market for corrugated packaging is growing due to factors such as an increase in economic activities in developing countries and the growth of e-commerce industry.
Trends in Corrugated Packaging Market
Do-it-yourself Corrugated Pallets
Majority of the packaging and logistics company are opting for do-it-yourself corrugated pallets that can be assembled in-house. Such pallets are an engineered material that does not have any defect, and additional tools or equipment are not required. Consequently, it ensures safe assembly of corrugated packaging and results in cost savings in terms of logistics.
Corrugated Point-Of-Sale Display
There has been an increasing adoption of corrugated point-of-sale display within the retail sector as it offers high visibility at a relatively low cost. Additionally, it can be easily customized and installed at any location in a retail setting. Floor display, counter display, pallet display, endcap display, and sidekick display are the different types of corrugated point-of-sale displays available in the market.
Recycling of Corrugated Packaging
As corrugated cardboard sheets can be easily disassembled and made of recyclable material, companies are putting an effort towards recycling the corrugated packages. Also, by recycling the corrugated cardboard, a fiber can be produced that can be used for manufacturing of new corrugated packages. Almost 90-94% of corrugated packages are recycled every year.
Corrugated Package for Premium Packaging
Corrugated packaging is finding its way in the premium packaging of expensive consumer products such as perfumes, jewelry, and gift boxes to indicate high cost and quality of the product. Companies are using corrugated packaging for premium products as they are not only cost-effective but also is light and durable. Additionally, it can also be coated with adhesives and undergo treatment to make it flame resistant.
Read more about the top trends for corrugated packaging along with pricing trends, procurement best practices, supplier risks, pricing insights, strategic purchasing, and procurement insights in SpendEdge’s upcoming report on the global corrugated packaging market.
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