Rise in penetration of converting paper as packaging material stems from the growing inclination of low-cost and earth-friendly packaging in various industries. A range of packaging formats including carton boards, corrugated boards, and flexible paper are increasingly harnessing the materials characteristics of converting paper.
The strides being made by industrial packaging in various emerging economies around the world has offered a robust impetus to fiber industry. This has opened a vast frontier for players in the converting paper market. In many consumer products, such as hygiene products, concerting paper is increasing being preferred. In several other packaging formats used in industrial sector, converting paper is supplanting plastics, glass, and metals.
Changing Dynamics of Packaging Sector for E-commerce Logistics Open New Frontiers
Rise in use of sturdy corrugated boxes for transportation and among logistics companies are opening new avenues in the converting paper market. The rapid pace of digitalization of business processes is a key trend bolstering the prospects. An enormous growth of the e-commerce sector globally has spurred the demand for converting paper packaging formats.
The steadily expanding range of the commercial applications of converting paper is fueling the growth of the converting paper market. Common areas of investments by manufacturers in the market are nonwoven converting, bag converting, digital printing, and hygiene paper. Furthermore, the mass customization of the packaging sector is a key trend that is constantly extending the horizon of the converting paper market.
Increasing proclivity of environmental-friendly packaging solutions among customers and end-consumers is a key underpinning for the evolving growth trajectories of the converting paper market. Converting paper has witnessed new avenue in the growing role of packaging in branding of industrial and commercial packaging solutions. Converting paper has opened new branding options for customers, and help them increase their competitive edge. In large part this is due to the growing deployment of state-of-the art converting machines.