NEWARK, Del, May 26, 2022 (GLOBE NEWSWIRE) -- Cohesive packaging that self-adheres enables a rapid wrap around any goods. The product is protected with just a little pressure, ideally from automated equipment. With natural rubber latex, the cold seal adheres to itself and nothing else.
Improved scope for applications in the automotive, metals & machinery, and healthcare industries would benefit the market. The need for coherent automated equipment is expected to grow dramatically in the next years, owing to the growth of the e-commerce industry. In addition, market participants' concerted attempts to provide customers with better packaging options in order to raise their brand value are providing a favorable demand outlook.
Cohesive packaging is a tried-and-true method for increasing production, improving packing efficiency, and preserving brand identification. Many businesses use it to fulfil orders for everything from books to apparel to components and hardware.
Whether a firm fulfils and ships 1000 or 50,000 shipments every day, the packing product and methods it employs are critical components in getting the items to the right clients on schedule and in excellent condition. Based on these benefits, FMI team predicts the global cohesive packaging market will reach US$ 1.5 Bn by the end of 2022.
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List of Key Players Covered in Cohesive Packaging Market are:
- Smurfit Kappa Group
- DS Smith Plc
- WestRock Company
- Mondi Group Plc
- Cenveo Worldwide Limited
- Neenah, Inc.
- Bong Group
- Papier-Mettler KG
- Capital Envelopes LLC
- POLYPAK PACKAGING
- United Envelope
- French Paper Company
- Quality Park Products
- The Encore Group
- Mayer-Kuvert-network GmbH
Key Takeaways from Global Cohesive Packaging Market
- Paper and paperboard based cohesive packaging is expected to accounted for 2/3rd of sales during the assessment period 2022-2032.
- Based on packaging format, envelops are the most preferred, estimated to create an incremental opportunity of US$ 777 Mn in 2032.
- In terms of end-use, the institutes or commercial channels is expected to increase at high pace, during the forecast period.
- Europe is estimated to remain mature market with 28% market share in the global cohesive packaging market.
- North America, South Asia, and East Asia are expected to create growth opportunities for the manufacturers in coming decade.
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“Cohesive packaging is expected to set a next normal benchmark in the packaging industry. Leading market players are focusing their efforts on increasing their worldwide reach. To gain a competitive advantage in the market, they are pursuing acquisitions, partnerships, and corporate expansion initiatives.” – comments FMI analyst
Global Cohesive Packaging Market Landscape
Smurfit Kappa Group, DS Smith Plc, WestRock Company, Mondi Group Plc, Cenveo Worldwide Limited, Neenah, Inc., Bong Group, Papier-Mettler KG, Capital Envelopes LLC, POLYPAK PACKAGING, United Envelope, French Paper Company, Quality Park Products, The Encore Group, and Mayer-Kuvert-network GmbH.
Global Cohesive Packaging Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global market for Cohesive Packaging market by material type (paper & paperboard, plastic, and foam), by packaging format (envelopes, mailing bags, wraps, and others), by end use (institutional/commercial and household), across seven regions.
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Detailed Table of Content:
- Executive Summary
- Global Market Outlook
- Demand Side Trends
- Supply Side Trends
- Technology Roadmap
- Analysis and Recommendations
- Market Overview
- Market Coverage / Taxonomy
- Market Definition / Scope / Limitations
- Key Market Trends
- Key Trends Impacting the Market
- Product Innovation / Development Trends
- Key Success Factors
- Product Adoption / Usage Analysis
- Product USPs / Features
- Strategic Promotional Strategies
- Cohesive Packaging Market Demand Analysis 2015–2021 and Forecast, 2022–2032
- Historical Market Volume (000’ Tons) Analysis, 2015–2021
- Current and Future Market Volume (000’ Tons) Projections, 2022–2032
- Y-o-Y Growth Trend Analysis
- Cohesive Packaging Market - Pricing Analysis
- Regional Pricing Analysis
- Global Average Pricing Analysis Benchmark
TOC Continued…
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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