Global Paper Furniture Pad Market – Overview
In the recent years, the usage of protective packaging is growing significantly due to the growth of the shipping and logistics industry across the globe. Paper furniture pad is one of the most economical protective packaging options available for the protection of several luxury products during transportation. Paper furniture pad is mainly used for protecting luxury items against scratches and damage. It is mainly used during the transportation of several items such as furniture, electronic appliances, home décor, etc. Paper furniture pad in an alternative for traditional moving blankets as it costs lesser than the latter. Moreover, the weight of paper furniture pad is also lighter as compared to other protective packaging options resulting into less amount of material required. In addition, paper furniture pad can be easily taped to or wrapped around furniture to make it more compact during transportation. Furthermore, it can be recycled and is more environmental friendly as compared to other protective packaging applications. Owing to its better sturdiness, it is widely used by several providers of packing and unpacking services.
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Global Paper Furniture Pad Market – Dynamics
The paper furniture pad market is expected to grow significantly due an increase in services such as packing and moving solutions for transportation purposes. Moreover, paper furniture pad has a double or triple cushion of paper, which provides better durability during the shipment of goods. In addition, paper furniture pad is also available in the form of heavy duty pads that do not tear easily during shipment. Paper furniture pad provides features, such as light weight, better shock absorption and cost-effectiveness, which are among the factors boosting the market. In addition, the rapid growth of several end-use industries across the globe has increased the trade volume of goods, which has resulted in the need for paper furniture pads on a large scale. Furthermore, rapid industrialisation in developing countries, such as China, India, etc., has created new opportunities for the paper furniture pads market. The usage of paper furniture pads enables manufacturers & suppliers to stack goods and improve the efficiency of the supply chain network.
Global Paper Furniture Pad Market – Segmentation
The global paper furniture pad market is segmented by material type, layer type, binding items and end user. The pricing for paper furniture pad has been done based on the material type segment in US$ million, and the volume is considered in tonnes.
On the basis of material type, the global paper furniture pad market is segmented into –
- Solid Bleached Sulfate (SBS)
- Coated Unbleached Kraft Paperboard (CUK)
- Coated Recycled Paper (CRP)
- Waxed Paper
On the basis of layer type, the global paper furniture pad market is segmented into –
- Double Layer
- Triple Layer
On the basis of binding items, the global paper furniture pad market is segmented into –
- Stretch Wraps
- Plastic or Steel Straps
On the basis of end user, the global paper furniture pad market is segmented into –
- Logistic Industry
- Packing & Unpacking Suppliers
- Other End Users
Paper furniture pad is mainly used by the providers of packing & unpacking services and the logistics industry.
Global Paper Furniture Pad Market – Regional Overview
North America is expected to be a prominent market in the paper furniture pad market during the forecast period. On the other hand, China and India are expected to witness significant growth in the Asia paper furniture pad market. These countries have witnessed a shift in the demand to paper instead of plastic owing to the strict regulations governing the usage of the latter. Moreover, the Latin America paper furniture pad market is expected to record lethargic growth due to slow economic recovery.
Global Paper Furniture Pad Market – Key Players
Some of the key players in the paper furniture pad market are John Johnson Co., Inc.; Eide Industries, Inc.; Imperial Paper Company; Arrow Packaging; Multi-Wall Packaging Corporation; Rose City Awning Co., Inc.; Atlantic Paper Company and Interstate Paper Supply Co. Inc.
The report on paper furniture pad market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain. The report paper furniture pad market provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. Paper furniture pad market also maps the qualitative impact of various market factors on market segments and geographies.
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The global paper furniture pad market is divided into seven major regions, which are as follows –
- North America
- Asia – Pacific excluding Japan (APEJ)
- Latin America
- Eastern Europe
- Western Europe
- Middle East & Africa (MEA)
- A detailed overview of parent market
- Changing market dynamics in the industry
- In-depth paper furniture pad market segmentation
- Historical, current, and projected paper furniture pad market size regarding volume and value
- Recent industry trends and developments for paper furniture pad market
- Competitive landscape for paper furniture pad market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on paper furniture pad market performance
- Must-have information for paper furniture pad market players to sustain and enhance their market footprint