Expandable Paper Wrap Market by Material Type, Thickness (41 to 100 GSM, Above 100 GSM, Less than 41 GSM), Application, End-User

Description

List of Tables

[183 Pages Report] The Expandable Paper Wrap Market size was estimated at USD 461.86 million in 2023 and expected to reach USD 512.98 million in 2024, at a CAGR 11.38% to reach USD 982.71 million by 2030.

Expandable paper wrap is a packaging material made primarily from paper, designed to protect products during shipping and handling. This paper wrap consists of multiple bonded layers, allowing the material to expand in a honeycomb-like pattern when stretched. This expansion creates a 3D wrapping material that can fit the wrapped object's shape, providing cushioning and protection against impacts, scratches, and other types of damage. Expandable paper wrap is an eco-friendly alternative to plastic-based wrapping materials, including bubble wrap, as it is made from renewable resources and is recyclable, biodegradable, and compostable. It is commonly used in packaging fragile goods such as ceramics, glassware, electronics, and other items that require extra protection during transit. The critical advantage of expandable paper wrap is its versatile nature and effectiveness in protecting a wide variety of product shapes and sizes while being easy to handle and dispose of in an environmentally responsible way. The rising inclination toward sustainable and eco-friendly packaging solutions, the expansion in the eCommerce industry, and the need for efficient packaging materials drive the demand for expandable paper wraps. However, changes in the costs of raw materials, along with performance issues related to the expandable paper wraps, can deter the adoption. Ongoing advancements in expandable packaging wrap material and manufacturing technologies and evolving penetration of flexible packaging solutions across diverse end-user industries are anticipated to create lucrative opportunities for the expandable paper wrap market.

KEY MARKET STATISTICS
Base Year [2023]	USD 461.86 million
Estimated Year [2024]	USD 512.98 million
Forecast Year [2030]	USD 982.71 million
CAGR (%)	11.38%

Regional Insights

In the Americas, there is a growing emphasis on sustainable packaging solutions due to increasing environmental awareness and strict regulations on waste management. Consumers in these regions prefer eco-friendly products, influencing manufacturers to adopt sustainable materials, including expandable paper wrap. Major technology companies and eCommerce players are investing in creative packaging solutions that reduce plastic use, driving the market's growth. Recent initiatives include significant investments in recycling facilities and technological enhancements to make paper wrap solutions more durable and versatile. European Union (EU) countries are strongly committed to environmental sustainability and are governed by rigorous EU directives and standards about packaging waste and recycling. The demand for expandable paper wraps in this region is propelled by consumer preference for recyclable and biodegradable materials, especially in Germany, France, and the UK. The market for expandable paper wrap in the Middle East, and Africa is emerging, with many businesses recognizing the importance of sustainability. Although the adoption rate is slower compared to the Americas and Europe, there is significant potential due to urbanization, growing eCommerce platforms, and changing consumer attitudes toward environmental impact. The Asia-Pacific region is witnessing rapid growth in the expandable paper wrap market owing to the government's push toward reducing plastic waste, numerous innovations, and patents in sustainable packaging solutions. Furthermore, the surge in eCommerce and retail sectors and growing environmental awareness drive the demand for eco-friendly packaging solutions.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Expandable Paper Wrap Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Rising focuses on sustainable and eco-friendly packaging solutions
- Growth in the eCommerce industry and the need for efficient packaging materials

Market Restraints
- Fluctuating prices of raw materials used in expandable packaging wraps

Market Opportunities
- Inclination toward recycled kraft paper
- Penetration of flexible packaging solutions across diverse end-user industries

Market Challenges
- Performance issues related to the expandable paper wraps

Market Segmentation Analysis
- Material Type: Rising usage of recycled material for expandable paper wrap owing to its cost-effectiveness
- Thickness: Assessing the role of paper thickness in versatile expandable paper wrap for packaging efficiency
- Application: Increasing application of expandable paper wrap for eCommerce packaging
- End-User: Proliferating demand for expandable paper wrap from the retail sector

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Expandable Paper Wrap Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Expandable Paper Wrap Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Strategic Merger Creates Global Sustainable Packaging Powerhouse

International Paper (IP) and DS Smith Plc have finalized arrangements for an all-share merger to forge a global frontrunner in sustainable packaging solutions. This merger amplifies International Paper's global presence and capabilities, specifically augmenting its footprint in Europe. Integrating both companies is expected to reinforce IP's position in renewable packaging across Europe and enhance its operations in North America. [Published On: 2024-04-16]

Revolutionizing Eco-Friendly Product Shipping: Smurfit Kappa's Introduction of Honeycomb Packaging Solutions

Smurfit Kappa UK has introduced an innovative honeycomb packaging solution, including specialized corner buffers, aimed at enhancing product safety during shipping while significantly reducing the use of plastic packaging. This new packaging technology mimics the hexagonal structure of a natural honeycomb, utilizing cardboard to create lightweight yet robust protective layers that absorb shocks and resist transport-related stresses effectively. These honeycomb solutions safeguard the products and distribute external pressures uniformly, ensuring that items reach their destinations undamaged. [Published On: 2024-03-12]

Mondi and Robopac Introduce Paper-Based Pallet Wrap Solution to Enhance Sustainable Packaging

Mondi, in collaboration with Robopac, unveiled a new paper-based solution aimed at replacing conventional plastic wraps for pallet storage and transportation. This initiative utilizes Mondi's Advantage StretchWrap, a robust, plastic-free kraft paper crafted from responsibly sourced, renewable materials, demonstrating superior resistance to punctures and high-tension absorption. [Published On: 2023-09-13]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Expandable Paper Wrap Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Expandable Paper Wrap Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Axxor B.V., CPS Paper Products, Delhi Packaging, Dongguan Huanyou Package Products Co., Ltd., DS Smith PLC by International Paper Company, EcoCushion Paper, Grigeo AB, H.E. Koch & Co., HexcelPack, LLC, Jagannath Polymers Pvt Ltd., KB Packaging UK LLP, Mexim Adhesive Tapes Pvt. Ltd., Mondi PLC, Pack8 by Officedeck Technologies Pvt. Ltd., Packmile Pvt. Ltd., Pregis LLC, Ranpak Holding Corp., Sealed Air Corporation, Sprick GmbH & Co., Weedon Group Ltd. by Zeus Group, Wessex Packaging, and YOJ pack-kraft.

Market Segmentation & Coverage

This research report categorizes the Expandable Paper Wrap Market to forecast the revenues and analyze trends in each of the following sub-markets:

Material Type
- Recycled
- Virgin

Thickness
- 41 to 100 GSM
- Above 100 GSM
- Less than 41 GSM

Application
- e-Commerce Packaging
- Gift Wrapping
- Industrial Packaging

End-User
- Electronics
- Food & Beverage
- Healthcare & Pharmaceuticals
- Individual User
- Personal Care

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-F3183FD14D93

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising focuses on sustainable and eco-friendly packaging solutions
  - 5.1.1.2. Growth in the eCommerce industry and the need for efficient packaging materials
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuating prices of raw materials used in expandable packaging wraps
- 5.1.3. Opportunities
  - 5.1.3.1. Inclination toward recycled kraft paper
  - 5.1.3.2. Penetration of flexible packaging solutions across diverse end-user industries
- 5.1.4. Challenges
  - 5.1.4.1. Performance issues related to the expandable paper wraps
5.2. Market Segmentation Analysis
- 5.2.1. Material Type: Rising usage of recycled material for expandable paper wrap owing to its cost-effectiveness
- 5.2.2. Thickness: Assessing the role of paper thickness in versatile expandable paper wrap for packaging efficiency
- 5.2.3. Application: Increasing application of expandable paper wrap for eCommerce packaging
- 5.2.4. End-User: Proliferating demand for expandable paper wrap from the retail sector
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Expandable Paper Wrap Market, by Material Type

6.1. Introduction
6.2. Recycled
6.3. Virgin

7. Expandable Paper Wrap Market, by Thickness

7.1. Introduction
7.2. 41 to 100 GSM
7.3. Above 100 GSM
7.4. Less than 41 GSM

8. Expandable Paper Wrap Market, by Application

8.1. Introduction
8.2. e-Commerce Packaging
8.3. Gift Wrapping
8.4. Industrial Packaging

9. Expandable Paper Wrap Market, by End-User

9.1. Introduction
9.2. Electronics
9.3. Food & Beverage
9.4. Healthcare & Pharmaceuticals
9.5. Individual User
9.6. Personal Care

10. Americas Expandable Paper Wrap Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Expandable Paper Wrap Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Expandable Paper Wrap Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Strategic Merger Creates Global Sustainable Packaging Powerhouse
- 13.3.2. Revolutionizing Eco-Friendly Product Shipping: Smurfit Kappa's Introduction of Honeycomb Packaging Solutions
- 13.3.3. Mondi and Robopac Introduce Paper-Based Pallet Wrap Solution to Enhance Sustainable Packaging
- 13.3.4. Sustainable Innovation in Pallet Wrapping: Mondi and Robopac's Advanced Paper Solution
- 13.3.5. Revolutionary Honeycomb Paper Technology: Innovations in Sustainable Packaging Solutions
- 13.3.6. Papair's Innovative PapairWrap: Spearheading Sustainability in Packaging
- 13.3.7. HexcelPack's Innovative Expansion: New Eco-Friendly Paper-Based Packaging Solutions
- 13.3.8. Sealed Air Enhances Packaging Solutions with Strategic Liquibox Acquisition
13.4. Strategy Analysis & Recommendation
- 13.4.1. 3M Company
- 13.4.2. Pregis LLC
- 13.4.3. DS Smith PLC by International Paper Company
- 13.4.4. Mondi PLC

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio