Inserts & Dividers Market Will Escalate Rapidly in the Near Future
Transparency Market Research delivers the key insights on the inserts & dividers market in its published report, titled “Inserts & Dividers Market: Global Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global inserts & dividers market is estimated to expand at a CAGR of 5.2% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecast in this report.
Inserts & dividers include protective packaging solutions such as inserts (includes trays, end caps, sheets) and dividers (corrugated dividers and chipboard dividers). Usage of inserts & dividers helps in maximizing the product to packaging ratio which is why instead of having small individually boxed products, manufacturers find it economical to ship the products in a larger box with dividers. This saves additional cost and packaging material required for individual product packaging and also reduces the packaging waste.
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Inserts & dividers protect the packaged products, which has made inserts & dividers an integral part of the protective packaging market. Inserts & dividers are used for packaging of fragile products, along with this inserts & dividers are also used for heavy duty packaging and shipping applications as well as customized luxury packaging. Inserts made of foam cater to a variety of end use application such as electronics, pharmaceuticals, food & beverages, etc. Among these inserts are widely used for packaging of electronic goods such as laptops, cameras, among others.
By product type, inserts segment is expected to account for the highest market share in the inserts & dividers market. The demand for corrugated packaging in the Inserts & Dividers market is at its peak, owing to the thriving e-commerce industry. This is further projected to drive the growth of the global Inserts & Dividers market. Manufacturers are using inserts & dividers to ensure minimal damage to the packaged product during transiting and storage, which has resulted in increased consumption of inserts & dividers in the automotive sector.