Market Overview:
The global paper cushion system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for paper cushion systems from various end-use industries, such as pharmaceuticals, food and beverage, electrical and electronics, and others. In addition, the growing awareness about the benefits of using paper cushion systems is also contributing to the growth of this market. Based on type, the global paper cushion system market can be segmented into manual paper cushion system, semi-automatic paper cushion system, and automatic paper cushion system. The automatic segment is expected to grow at a higher CAGR than other segments during the forecast period owing to its high efficiency and low maintenance requirements. Based on application, the global Paper Cushion System Market can be divided into pharmaceutical industry, food and beverage industry,, electrical and electronics industry,, automotive industry,, furniture manufacturing,. Others include medical devices,. Among these applications,. Pharmaceutical Industry held largest share in 2017 with revenue over USD XX million. It is projected that Food & Beverage Industry will witness highest CAGR over next few years due rising demand for processed foods across globe. Regionally,. North America accounted for largest share in 2017 followed by Europe while Asia Pacific region is projected show highest growth rate during forecast period. Some of key players operating in this market are Smurfit Kappa Group Plc., Mondi plc.
Product Definition:
A paper cushion system is a packaging system in which the product is placed on top of one or more sheets of corrugated fiberboard and then the entire assembly is covered with a second sheet of fiberboard. This type of packaging offers several advantages over traditional methods such as strapping or shrink-wrapping. First, it provides good protection for the product during shipping. Second, it allows easy access to the product for inspection and removal.
Manual Paper Cushion System:
Manual paper cushion system is a method of dispensing adhesive backed paper sheets on to an open-ended roll. The manual system offers several advantages over other systems such as the ability to control the amount of adhesive used, low cost in comparison with automated systems and ease of use for small production runs.
The global market for manual paper cushion systems was estimated at USD 3,15 billion in 2015.
Semi-automatic Paper Cushion System:
The semi-automatic paper cushion system is a device used to collect and store paper waste. It consists of a hopper, an auger, and a conveyor belt. The auger feeds the waste into the hopper through the conveyor belt where it is stored until full or empty. When full, it signals to stop feeding; at this point, the machine cuts off power supply and removes itself from operation automatically.
Application Insights:
The pharmaceutical industry accounted for the largest share in the global paper cushion system market, accounting for over 25.0% in 2017. The growth of this application segment can be attributed to factors such as growing demand for generic drugs and rising incidences of chronic diseases such as cancer and heart diseases. According to a study published by the World Health Organization (WHO) in 2016, it was estimated that around 1.7 million people died from cancer worldwide, with China having more than 300 thousand deaths due to cancer every year. Thus, increasing healthcare spending is expected to drive product demand over the forecast period thus contributing towards segment growth during the study period.
Paper cushion systems are used extensively across all major industries including food & beverage industry.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand in countries, such as China and India. In addition, rising investments by governments for improving workplace safety standards are anticipated to drive industry expansion over the coming years.
The Asia Pacific was followed by Europe with a share of 26.0% in 2017 and is projected to expand at a CAGR of XX% during the forecast period owing to growing awareness about employee health and safety coupled with stringent regulations from regulatory agencies, such as EHS Directive 89/686/EEC (Electronic Industries Association) regarding emission of hazardous substances into the environment or RoHs (Regulation on Restriction of Hazardous Substances) directive 2011/75/EU (European Union).
Growth Factors:
- Increasing demand for eco-friendly products: The global market for eco-friendly products is expected to grow at a CAGR of more than 14% from 2016 to 2020. This growth can be attributed to the increasing awareness among consumers about the benefits of using eco-friendly products. Paper cushion systems are made from recycled paper, which makes them environmentally friendly. Thus, the growing demand for eco-friendly products is likely to drive the growth of the paper cushion system market in the coming years.
- Rising disposable income: The disposable income of consumers across emerging markets is rising at a rapid pace, owing to factors such as economic development and population growth. This is leading to an increase in consumer spending on discretionary items such as home furnishings and décor items. As paper cushion systems are used as décor items, their popularity is likely to rise in emerging markets in the coming years due to rising disposable incomes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Paper Cushion System Market Research Report
By Type
Manual Paper Cushion System, Semi-automatic Paper Cushion System, Automatic Paper Cushion System
By Application
Pharmaceutical Industry, Food and Beverage Industry, Electrical and Electronics Industry, Others
By Companies
Shanghai Greentide Packing Material, Pregis Holding II, Protective Packaging, Storopack, Rapid Packaging, Dallipak Banding Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Paper Cushion System Market Report Segments:
The global Paper Cushion System market is segmented on the basis of:
Types
Manual Paper Cushion System, Semi-automatic Paper Cushion System, Automatic Paper Cushion System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Industry, Food and Beverage Industry, Electrical and Electronics Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shanghai Greentide Packing Material
- Pregis Holding II
- Protective Packaging
- Storopack
- Rapid Packaging
- Dallipak Banding Systems
Highlights of The Paper Cushion System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual Paper Cushion System
- Semi-automatic Paper Cushion System
- Automatic Paper Cushion System
- By Application:
- Pharmaceutical Industry
- Food and Beverage Industry
- Electrical and Electronics Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Paper Cushion System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A paper cushion system is a type of airbag that uses compressed air to inflate a cushion of paper or other material. When the vehicle's sensors detect an impact, the airbag inflates and presses against your chest, protecting you from injury.
Some of the key players operating in the paper cushion system market are Shanghai Greentide Packing Material, Pregis Holding II, Protective Packaging, Storopack, Rapid Packaging, Dallipak Banding Systems.
The paper cushion system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Paper Cushion System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Paper Cushion System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paper Cushion System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Paper Cushion System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Paper Cushion System Market Size & Forecast, 2020-2028
4.5.1 Paper Cushion System Market Size and Y-o-Y Growth
4.5.2 Paper Cushion System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Manual Paper Cushion System
5.2.2 Semi-automatic Paper Cushion System
5.2.3 Automatic Paper Cushion System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical Industry
6.2.2 Food and Beverage Industry
6.2.3 Electrical and Electronics Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paper Cushion System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Paper Cushion System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Manual Paper Cushion System
9.6.2 Semi-automatic Paper Cushion System
9.6.3 Automatic Paper Cushion System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical Industry
9.10.2 Food and Beverage Industry
9.10.3 Electrical and Electronics Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Manual Paper Cushion System
10.6.2 Semi-automatic Paper Cushion System
10.6.3 Automatic Paper Cushion System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical Industry
10.10.2 Food and Beverage Industry
10.10.3 Electrical and Electronics Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Manual Paper Cushion System
11.6.2 Semi-automatic Paper Cushion System
11.6.3 Automatic Paper Cushion System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical Industry
11.10.2 Food and Beverage Industry
11.10.3 Electrical and Electronics Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Manual Paper Cushion System
12.6.2 Semi-automatic Paper Cushion System
12.6.3 Automatic Paper Cushion System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical Industry
12.10.2 Food and Beverage Industry
12.10.3 Electrical and Electronics Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Manual Paper Cushion System
13.6.2 Semi-automatic Paper Cushion System
13.6.3 Automatic Paper Cushion System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical Industry
13.10.2 Food and Beverage Industry
13.10.3 Electrical and Electronics Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Paper Cushion System Market: Competitive Dashboard
14.2 Global Paper Cushion System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shanghai Greentide Packing Material
14.3.2 Pregis Holding II
14.3.3 Protective Packaging
14.3.4 Storopack
14.3.5 Rapid Packaging
14.3.6 Dallipak Banding Systems
