Global Paper Band Market, By Product Type (Pre-formed Self Sealing, Cohesive Self Sealing, Others), Material (Natural Kraft, Bleached Kraft, Cover Paper, Sterilizable Kraft Paper, Others), End User (Food and Beverages, Automotive, Textile, Pharmaceutical and Health Care, Electric and Electronics, Cosmetics and Personal Care, FMCG, Logistics and E-commerce), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Paper Band Market
Paper band market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 2.4% in the above-mentioned forecast period.
Paper band (also referred as the paper belly band) are basically utilized for the bundling of the product. It is versatile and lightweight packaging tool which generally aids in stacking the labels, cards, containers, blister packs and sachets among others. These paper bands are highly utilized and are demanded across various end-use industries such as the food and beverages, automotive, textile, pharmaceutical and health care, electric and electronics, cosmetics and personal care, FMCG, logistics and e-commerce.
The factors such as the surging application for stationary purposes and efficient merchandise stacking further induce the demand for the market in the forecast period of 2022 to 2029. Moreover, as it is easy to recycle and occurring in fewer carbon traces and the comfort of unpacking and merest substance decay are projected to boost the market value. Furthermore, the branding, publicity, and advertisement of the commodities are expected to boost the overall growth of the market. These strips can be customized as per the requirement and deliver ample scope for engaging, labelling and printing along with the boosting growth possibilities are testified for the global exchange of the paper band on the accounts of the food and beverage area are estimated to accelerate the overall growth of the market. However, the application of shrink wrap sheets in package creation will create hindrances for the market growth rate. The------ resulting in restricting the growth of the market.
The charming packaging of bakery goods and gift items coupled with the latex-free paper bands are manufactured from a quality adhesive material which provides strong bonding to the ends of the paper band generate profitable opportunities for the growth of the market in the forecast period of 2022 to 2029. The slowing down of supply chain due to restrictions caused by COVID-19 is also projected to affect market negatively and thus are projected to generate various challenges for the market’s growth rate.
This paper band market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on paper band market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Paper Band Market Scope and Market Size
Paper band market is segmented on the basis of product type, material and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the paper band market is segmented into pre-formed self-sealing, cohesive self-sealing and others.
- On the basis of material, the paper band market is segregated into natural kraft, bleached kraft, cover paper, sterilizable kraft paper and others.
- Paper band market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The end user segment for paper band market includes food and beverages, automotive, textile, pharmaceutical and health care, electric and electronics, cosmetics and personal care, FMCG, logistics and e-commerce.
Paper Band Market Country Level Analysis
The paper band market is analyzed and market size insights and trends are provided by product type, material and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the paper band market and will continue to flourish its trend of dominance during the forecast period due to the modified regulation of single-use plastic and the key players have more proclivity towards the paper band packaging in the region in the forecast period of 2022 to 2029. Asia-Pacific, on the other hand is projected to show lucrative growth due to the expansion of the food and beverages sector and the increasing number of retail stores across the region, which will boost the growth of the market.
The country section of the paper band market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Paper Band Market Share Analysis
The paper band market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to paper band market.
Some of the major players operating in the paper band market report are Extra Packaging., Bandall., Cohesion Paper Products LLC, Graphic Arts Equipment Co., Nampak Ltd., SIG Combibloc Group Ltd., WestRock Company, Oji Holdings Corporation, Smurfit Kappa, Stora Enso, Mayr-Melnhof Karton AG, Packaging Corporation of America, Amcor plc, Mondi, Sappi, SANDAR Industries, Inc., Brown and Pratt, American Printpak, Economy Tablet & Paper Co., napkinbands, GRAVURE PACKAGING PRODUCTS and Wexler Packaging Products among others.