Paper Band Market: Overview
Paper band is also known as paper belly band, used for bundling of the product. It is versatile and lightweight packaging tool which helps to stack labels, cards, blister packs, sachets, containers, and many other products. The latex-free paper bands are manufactured from a quality adhesive material which provides strong bonding to the ends of the paper band. Owing to its several benefits such as stacking, easy opening, quick and effective packaging, the market of paper band is growing in multiples. Unlike sticky rubber band, paper band ensures life of the product bundle. It provides eye-catchy shelf-ready packaging to the products. Hence, paper band market is expected to grow rapidly with the expansion of the FMCG sector, and an increasing number of supermarkets and retail stores. Besides this, the printing of barcode on paper band enhances its utility during material handling in transit. It further efficiently supports inventory management. As it speed ups the production lines, many end users are adopting paper band packaging tool. Monopolistic competition is witnessed in paper band market where the large number of buyers and sellers are present. Hence with the changing packaging trends, manufacturers are more inclined towards manufacturing of quality of paper bands and enhancing its aesthetic looks. The demand for self-sealing bands is expected to grow significantly during the forecast period.
Download sample copy of this report:
https://www.futuremarketinsights.com/reports/sample/REP-GB-10597
Paper Band Market: Dynamics
Unitization and effective product stacking are the primary objectives which drive the paper band market. It is easily recyclable and resulting in less carbon footprints. Additionally, ease of unpacking and minimum material waste drives the global market of paper band. The fueling factor for increasing growth of paper band market is branding and promotion of the products. These bands are customizable and give sufficient space for attractive labeling and printing, which results in more sales of the product. Hence, the preference of paper band is increasing in the retail sector. Increasing growth opportunities are witnessed for the global market of paper band on the backdrop of the food and beverage sector. Furthermore, attractive packaging of confectionery products and gift articles are creating growth opportunities for paper band market across the world. Apart from this, the demand for paper bands is continuously increasing in textile packaging for providing shelf-ready appearance to the product.
In spite of many benefits, certain factors might restrain the growth of paper band market such as the use of shrink wrap film in bundle formation. However, paper bands are cost-efficient than shrink wraps, and it supports bundling operation without heat potentially affecting the product.
Buy Now to Get 10% Off and Free Customization as per Requirement:
https://www.futuremarketinsights.com/checkout/10597
Paper Band Market: Regional Outlook
The paper band packaging trend is widely accepted across the world as it is environment-friendly and manufactured from natural kraft paper. In Europe, with the modified regulation of single-use plastic, key players have more proclivity towards paper band packaging. Hence, the potential growth of the paper band market is expected in Europe. In order to reduce plastic wastage and landfills, moderate growth of paper band market is witness in the United States. In China and India and Indonesia, growing opportunities are witnessed with the expansion of the food and beverages sector and the increasing number of retail stores.
The Mexico market is an emerging market for paper band. The consumers are having more demand for paper band in Mexico, as this packaging results in an economical approach for product bundling. In Oceania, sluggish growth for paper band market is witness. Apart from this, owing to the recent developments in E-commerce, online shopping centers, and an increasing number of supermarkets, the paper band market is expected to grow exponentially in many countries during the forecast period.
Download table of contents with figures & tables: https://www.futuremarketinsights.com/askus/rep-gb-10597
Paper Band Market: Key Players
The key players of paper band market are as follows:
- Extra Packaging Corporation
- SANDAR Industries, Inc.
- Bandall
- Cohesion Paper Products LLC
- Graphic Arts Equipment
- Brown & Pratt, Inc.
- American Printpak
- Economy Tablet & Paper