Showing posts with label Corrugated Packaging Market. Show all posts
Showing posts with label Corrugated Packaging Market. Show all posts

Wednesday, July 25, 2018

Usage of Automated Machines for Corrugated Box Manufacturing and Growth in Electronics and Consumer Appliances Industry has Supported Corrugated box Industry in China: Ken Research


Expanding end user segments including cosmetics, packaged food industry, pharmaceuticals, paints, pesticides, distillery products, introduction of colour variants in corrugated box and rising number of manufacturers has pushed China corrugated box market forward during the review period.


The sale of corrugated box has increased registering an annual growth rate of close to 10% in 2017. The corrugated box not only caters to the packaging needs of the end user but also protects the environment as its products are 100% eco-friendly. Factors such as increasing demand from fresh food and beverages, home & personal products, electronic goods industries, logistics application, increasing consumer awareness towards sustainable packaging and growth of the E-commerce industry have propelled the growth of the Chinese corrugated boxes. During the period 2012-2014, the production of corrugated boxes increased by 10 million tons. The period saw an unprecedented level of growth from 2013-2014 when the production of corrugated boxes grew at a double digit growth rate. China’s economic slow-down affecting demand from the downstream industries, fluctuation in prices and tightening environmental regulation forced many small players to shut down their operations. Environmental concerns have been taken during the period such as developments in lightweight boxes and resource-effectiveness.

The period between 2016 and 2017 witnessed huge fluctuation in the prices of the corrugated boxboard paper prices. The price of the corrugated boxboard paper rose from RMB 4,810/ton in 2016 to RMB 5,690/ton in 2017. The price fluctuation trend is expected to be continued in 2018 because of the China’s imposed ban on the import of waste paper, which is an essential ingredient in the manufacturing of corrugated board, from western nations. The industry introduced new heavyweight products such as billerud flute semi-chemical fluting. Primarily, targeted at replacing wooden packaging, this product is also able to replace double-walled board with an overall lighter weight single wall substitute. These factors have together contributed in the development of the market.

Products Covered:
By type of box (single walled, double walled and triple walled), by end user (FMCG, Beauty and Personal, Electronics & Appliances and Others), by Type (Color and non colored) and by type of players (Organized and Unorganized)

Companies Covered:
Xiamen Hexing, MYS Group, Rengo, Shanying, Bingxin, Yeun Foong Yu, Pacific Millennium and Shengda Group

For more information on the research report, refer to below link:

Related Reports:


Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Tuesday, July 17, 2018

Japan Corrugated Box Market Research Report : Ken Research


How corrugated box market is positioned in japan?
Japan Corrugated box market is at its growth stage. The corrugated box market is highly correlated with Japanese economy and with the recovery in the economy the demand for corrugated packaging for beverages and packaged food will increase therefore increasing box demand. The sale of corrugated box has declined from JPY ~ million in 2012 to JPY ~ million in 2014. The major reason for the decline in production value is the increase in consumption tax by the Japan government in 2014 from ~% to ~%. This move contracted the Japan’s economy by ~% and lowered the demand for packaging.
Many corrugators increased production capacity by adding automatic machineries from China. The domestic production of corrugated boxes increased from ~ thousand tons in 2012 to ~ thousand tons in 2014.
The weight of corrugated boxes gradually decreased from ~ grams/square meter in 2012 to ~ grams/square meter in 2014. Most of the business operators promoted weight reduction of corrugated box.
In 2015 OJI Holdings, focused on developing new products in order to meet consumer demand. They developed different types of colored corrugated boxes for fruits and vegetables industry. They also established “Package Development Center” which looks after research and development of new product, planning & branding of the company.
In 2017, the sale of corrugated box was JPY ~ million and production registered at ~ thousand tons. The production increased due to the growing processed food industry in Japan. A large number of multinational food companies are now actively engaged in global food trade.
Many craft paper manufacturers also increased the price of craft paper by ~% due to the rise in price of raw material such as pulp and chips. Also, the price of fuel and chemicals increased thereby rising overall manufacturing cost.
In 2017, Rengo acquired 60% stake in Kato Danboru Co. Ltd. based which is corrugated box manufacturer in Tokyo. This acquisition will help in increasing the competitiveness of both the companies and increased production of corrugated boxes.
Which end user is generating more demand for corrugated boxes in japan?
In 2017, processed food segment has dominated the Japan market. Processed food has contributed a share of ~% in terms of sales volume amounting to ~ thousand tons in 2017. Processed food is leading as it the growing industry in Japan and the fast paced lifestyle of consumers has led to an increase in consumption of processed food as a replacement of homemade meals.
Fruits & Vegetables, Electrical Appliances & Machinery, Pharmaceuticals, Detergents & Cosmetics, Ceramics, Glassware & Sundries, Mail Order, Parcel Delivery & Moving, Other Foods, Textile Products contributed a share of ~%, ~%, ~%, ~%, ~%, ~%, ~% and ~% respectively in terms of sales volume. In 2017, other end user such as disposable diapers, hygiene products for the elderly, pet related products has a sales volume contribution of ~% in Japan corrugated box market accounting to ~ thousand tons.
Which type of box is generating more demand for corrugated boxes in japan?
In 2017, regular slotted type of box has contributed a share of ~% in terms of sales volume amounting to ~ thousand tons. Regular slotted boxes are most preferred as they are easy to manufacture and moreover, the production is also fast. Price of slotted corrugated box of dimension (18x18x24) inch is JPY ~ per piece.  In regular slotted, all flaps are the same length from score to edge. Typically, the major flaps meet in the middle and the minor flaps do not, unless the width is equal to the length.
In 2017, die cut type of box has contributed a share of ~% in terms of sales volume amounting to ~ thousand tons. Die cut corrugated boxes are customized according to the shape of good which has to be packed in it. Price of die cut corrugated box of dimension (102x102x102) mm is JPY 11.0 per piece. Benefit of die-cut box is that they are easy to store away since they are flat.
In 2017, other types of boxes such as full telescope box, partial telescope box, corrugated tray often used for display purposes, corrugated corner pads contributed ~% in Japan corrugated box market accounting to ~ thousand tons.
Which region is generating more demand for corrugated boxes in japan?
In 2017, Kanto region has contributed highest share of ~% in terms of sales volume amounting to ~ thousand tons. Kanto region dominated because of better infrastructure development. Kanto region has a number of electrical and metal industries thus increasing the demand of corrugated boxes. Saitama, Tokyo and Tochigi are the major corrugated board manufacturing prefectures in Kanto. Textile, electrical appliances, metal products and agricultural products are few of the growing industries in Kanto which are therefore growing the demand for the corrugated box in the region.
In 2017, Kinki region has contributed a share of ~% in terms of sales volume amounting to ~ thousand tons. Automobiles, machinery, electrical equipment, textiles, and processed foods are the most growing industries in Kinki which are therefore growing the demand for the corrugated box in the region.
Chubu and Okinawa region contribute a share of ~% and ~% respectively in terms of sales volume in 2017. Other regions such as Tohoku, Chugoku, Shikoku and Hokkaido contributed ~% in terms of sales volume in Japan corrugated box market in 2017.
Which type of flute is generating more demand for corrugated boxes in japan?
In 2017, single Flute type of box has contributed a share of ~% in terms of sales volume amounting to ~ thousand tons. These types of boxes are highly preferred as they are ideal for storing groceries and most stores hand out their goods to customers in such boxes instead of common jiffy bags. Single fluted boxes are made of single fluted corrugated sheet placed between two sheets of linerboard. In these boxes A, B, C and E flutes are used. A flute is the thickest and used for stacking items one above the other. B flute is thinner than C and is suitable to be used in die cuts.
In 2017, double flute type of box has contributed a share of ~% in terms of sales volume amounting to ~ thousand tons. Double fluted boxes are made two fluted corrugated sheets placed between three sheets of linerboard. This type is called the 5-ply construction where 2 plus 3 layers of sheets ensure rigidity. They are made up of B and C type of flutes. Also, combination flutes like A/C, B/C and B/E flutes are used for heavy duty bins.
In 2017, triple flute types of boxes contributed ~% in Japan corrugated box market which has amounted to ~ thousand tons.
What is competitive scenario in japan corrugated box market?
Japan corrugated box market is highly fragmented with the presence of around ~ organized and un-organized players. Majorly, manufacturing location and distribution channels witness both regional and cross border trade. Capacity expansions and additions to the existing product portfolio to cater to growing demand are the major strategies adopted by industry participants.
Rengo Co. Ltd. is the leading company in Japan corrugated box market with a market share of ~% followed by Oji Holdings Corporation with market share of ~% in terms of production value of corrugated boxes. Other companies such as Chuoh Pack Industry Co. Ltd., Tomoku Co. Ltd., Kariya Shiki Co., Ltd., Hiradan Corporation, Aichi Corrugated Cardboard Co. Ltd., Ito Corrugated Industrial Ltd., Ryohei Corrugated Co., Ltd., Taiyo Corporation Ltd., Maruichi Corporations, Misuzu-Shigyou Inc., DAIO Packaging Co. Ltd., Tokai Paper Co. Ltd., Yamakoh, Co., Ltd., Dainippon Pax Kyoto Corporation make up a share of ~% in Japan corrugated box market. Corrugated box manufacturers compete with each other on the basis of different parameters such as product offered, Geographical presence, manufacturing facilities, main end users, clients, product & technological innovation.
What is the future outlook for corrugated box market in japan?
Japan corrugated industry is expected to increase at a CAGR of ~% in between the 2018 and 2022 in terms of domestic consumption due to the elevating demand from the end user segment in order to store and transport their end products. The domestic consumption is expected to reach ~ thousand tons by 2022 from ~ thousand tons in 2017.
Rising demand of food product packaging and increasing demand for lightweight packaging materials will augment the growth of Japan Corrugated box market.
Shelf ready packaging is also increasing as it significantly reduces the workload for unpacking and displaying products. This trend is now popular in supermarkets and as the retail market is growing up the demand for such type of packaging is also increasing, thereby increasing the need for corrugated boxes. The emergence of E-commerce industry in Japan the demand of corrugated boxes will also increase.
Packaging Solutions: Numerous air spaces in the liner provide high insulation and water resistance to products.
For more information, refer to below link:
Related Reports
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-9015378249

Thursday, June 28, 2018

Japan Corrugated Box Market is Driven by Rise in Demand from Processed Food and Beverages, Logistics Application, Increasing Consumer Awareness Towards Sustainable Packaging and Growth of the E-Commerce Industry: Ken Research


Analysts at Ken Research in their latest publication Japan Corrugated Box Market Outlook to 2022 - By Type of Box (Slotted, Die-Cut and Others), by End User (Processed Food, Fruits & Vegetables, Electrical Appliances And Machinery, Pharmaceuticals, Detergents & Cosmetics, Ceramics, Glassware & Sundries, Mail Order, Parcel Delivery & Moving, Other Foods, Textile Products And Others) believe that promoting regulations, tying up with different E-tail & E-logistics companies and improved marketing strategies followed by companies will aid the corrugated box market.  
Rising demand of safe and cushioned packaging of the product along with the rise in demand of lightweight packaging and packaged food has driven the growth of corrugated boxes in the country.
Japan Corrugated box market is at its growth stage. The corrugated box market is highly correlated with Japanese economy and with the recovery in the economy the demand for corrugated packaging for beverages and packaged food will increase therefore increasing box demand. The growing processed food industry in Japan is one of the key drivers for corrugated board market. Over the past few years, the introduction of new farm and food technologies coupled with cost-effective international transport has increased the trade of food products. The growth of corrugated box is directly related with the growth in different end users segment. Moreover, the increase in use of corrugated boards for packaging over other paper products, also aided the growth of corrugated boxes. A large number of multinational food companies are now actively engaged in global food trade. Many corrugators increased production capacity by adding automatic machineries from China. Many craft paper manufacturers also increased the price of craft paper by 15% due to the rise in price of raw material such as pulp and chips. Also, the price of fuel and chemicals increased thereby rising overall manufacturing cost.
Japan ranked third among the production of corrugated cardboard. In 2017, the production of corrugated cardboard was 14 billion square meters. With the increasing demand for soft and sustainable packaging solutions the demand for corrugated boards is increasing year on year.
For more information, refer to below link:
Related Reports
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-9015378249


Friday, May 11, 2018

India Corrugated Box Market is expected to reach over INR 63,000 Crore by FY’2023: Ken Research

India corrugated box market segmentation by type of ply/box (3ply, 5ply, 7ply and 9ply), by end user (FMCG, Automotive, Textile, Electronics & Appliances and Others), by states (Gujarat, Maharashtra, Himachal, Tamil Nadu, West Bengal, UP and Others), by type of box (Slotted, Die-Cue and Others), by type of Box (Colored and Non-colored), by type of players (Organized and Un-organized) and by type of sales (Domestic and Exports), company profile of major players (Horizon Packs Pvt. Ltd, Worth Peripherals, Supack Pvt. Ltd, TGI Packaging Pvt. Ltd, Jayaraj Fortune Packaging Pvt. Ltd, OJI India Packaging Pvt. Ltd, CEL Packaging, Hariwansh Packaging, CJ Corporation, Paper Containers India, Wadpack Pvt. Ltd, Chaitanya Packaging Pvt. Ltd., BL Containers Pvt. Ltd.)

Analysts at Ken Research in their latest publication India Corrugated Box Market Outlook to 2023 – by Ply/Box Type (3ply, 5ply, 7ply and 9ply), by End User (FMCG, Automotive, Textile, Electronics & Appliances and Others), by Slotted, Die-Cue Box and Others believe that promoting better regulations, procurement of automatic and updated technology machines from different countries and improved marketing strategies followed by companies will aid the corrugated box market.

India corrugated box market is expected to register positive CAGR of around 21.8% during the period FY’2018-FY’2023. Use of corrugated for display/promotional packs, POPs and dispensers and the emergence of E-commerce industries are expected to have positive impact on the overall revenue of corrugated box market. 
  • Increasing demand from fresh food and beverages, home & personal care goods, electronic goods industries will increase the reach of end users towards corrugated box manufacturers.
  • Increasing the demand of safe and cushioned packaging of the product will augment the growth of India Corrugated box market.
  • Rise in procurement of latest technology machines from China, Taiwan and other Asian countries by manufacturers in order to make production fast and accurate will also drive the future of India corrugated box industry
The growth in use of internet for shopping, stimulated by the growing use of smart phones as well as the increasing proportion of tech-savvy consumers, has a positive effect on corrugated demand, since it has direct influence on e-commerce market. Retail ready packaging is also increasing driven by the influence of supermarkets over the retail landscape and supported by their growing share of the retail market will also drive the corrugated box market in future. Inline Automatic board and box making plants will ease out the present semi automatic production processes and deployment of folder gluers, rotary die-cutters will grow in the future. Advances in multicolor, flexo printing will facilitate in-house flexo printing, do away with screen printing and contract printing on offset presses.
The trend of colored corrugated boxes has been on the rise. Several organized retailers are using colored and die-cut corrugated boxes for display and promotional purposes in their shops. These types of boxes are mainly used in order to attract customer’s attention as these boxes are very eye catching.

Companies Covered
Horizon Packs Pvt. Ltd, Worth Peripherals Ltd., TGI Packaging Pvt. Ltd., OJI India Packaging Pvt. Ltd., Jayaraj Fortune Packaging Pvt. Ltd., Supack Industries Pvt. Ltd., BL Containers Pvt. Ltd., Chaitanya Packaging Pvt. Ltd., CEL Packaging, Wadpack Pvt. Ltd., Hariwansh Packaging Pvt. Ltd., CJ Corporation and Paper Containers India Pvt. Ltd.

For more information on the research report, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/india-corrugated-box-market/149477-100.html

Related Reports:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/us-paperboard-packaging-industry/47688-100.html
The paper board packaging market will record revenue of USD 66 Billion by 2020 due to more players entering the market, expansion of e-commerce sector in the country, increasing demand of personal care & health care products.

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/india-paper-packaging-market-research-report/605-100.html
The paper packaging industry is largely comprised of unorganized players. There are a few large players such as TCPL, ITC, Parksons Packaging, and others.

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/india-recycling-pet-market-research-report/586-101.html
The future prospects of India Recycling PET Industry are impressive on the groundwork of an increase in disposable income fueled by growth in youth population that marked an increase in the availability of post consumer recycled PET waste bottles.

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249