Global Packaging Divider Market 2017-2021
About Packaging Divider
Packaging dividers are used for safely separating products within a larger packaging. Packaging dividers prevent the products from bumping into each other during the transportation and handling, thus increasing the safety level. The division into smaller individual compartments ensures that the products are in a sorted form thus simplifying further checks for product quality. The global packaging divider market is segmented on the basis of end-users such as food and beverages, pharmaceutical, automotive, and others.
Technavio’s analysts forecast the global packaging divider market to grow at a CAGR of 5.84% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global packaging divider market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Packaging Divider Market 2017-2021
Technavio recognizes the following companies as the key players in the global packaging divider market: DS Smith, Multicell Packaging, Smurfit Kappa Group, and The Golden Box.
Other Prominent Vendors in the market are: BEE Packaging, Cactus Containers, ColePak, Dandy Packaging, Eurodividers, Genesee Packaging, GWP Group, Imperial Printing & Paper Box, Interlok Packaging, Söhner Kunststofftechnik, and Twinplast.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising demand from e-cigarette and vaping industry. An electronic cigarette or e-cigarette is an electronic device that imitates the feeling of tobacco smoking. The device works by heating a liquid to generate vapor that a user inhales. Using an e-cigarette is also known as vaping. The liquid used in the e-cigarette is called e-liquid, and it may or may not contain nicotine.”
According to the report, one driver in the market is increasing cosmetics market. Packaging dividers are used widely in the cosmetics market to protect products, such as nail polishes and lipsticks, from coming in contact with each other during transportation, thereby reducing the risk of products being prone to breaking. The cosmetics industry is expected to grow during the forecast period due to increased spending on cosmetics by consumers. For instance, the cosmetics sales in the UK was valued at more than $800 million in 2016.
Further, the report states that one challenge in the market is expected rise in the prices of the corrugated cardboard. Generally, most of the packaging dividers are made of corrugated cardboard. This employs the substantial use of wood pulp since cardboard and corrugated boards are made of paper from wood pulp. In 2015 the global wood pulp prices reached a peak when compared with the prices of the past 30 to 40 years. These increased prices of wood pulp lead to an increase in the production cost incurred by the packaging companies, including the companies engaged in the packaging dividers market.
DS Smith, Multicell Packaging, Smurfit Kappa Group, The Golden Box, BEE Packaging, Cactus Containers, ColePak, Dandy Packaging, Eurodividers, Genesee Packaging, GWP Group, Imperial Printing & Paper Box, Interlok Packaging, Söhner Kunststofftechnik, and Twinplast.