Global Display Paper Box – Market Overview:
Over the years, grocery stores were the only choice available to consumers, especially in urban regions for shopping purpose. Retailing, one of the dominant sectors in the global economy, is going through a transition phase throughout the world, shifting to organized retail. The global display paper box market is correlated to the growth in the organized retail sector. In recent few years there has been an increase in the trends for aesthetic and appealing looks of the packaging. In such a way, display paper box have seen tremendous growth over the forecast period 2017 – 2025. In addition, consumers are mainly looking for point of purchase (POP) display as the most important feature for buying products kept in display paper boxes. Manufacturers of display paper box are therefore targeting business segments with retail merchandising and branding objectives. Display paper box with high-quality printing and designs, prove to be an effective marketing tool for the promotion of consumer products within the store.
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Global Display Paper Box – Market Dynamics:
Global display paper box market is expected to grow significantly over the forecast period due to enhancing of brand presence for FMCG companies by using display paper boxes. Furthermore, most of the customers while purchasing food & grocery products, makes a buying call in the retail stores. This shift can be attributed as change in purchasing habits and focus more on display paper boxes. In addition, manufacturers of display paper box are pointing the business segments with retail marketing objectives. The traditional grocery market segment has witnessed the shift to supermarkets, hypermarkets, etc. which in turns increases the market for display paper box. Moreover, current trends for ecommerce shopping is restricting the scope for the applications sold by using display paper box. Even the increasing prices of corrugated paper used for display paper box is hampering the display paper box market.
Global Display Paper Box Market – Regional Overview:
The global display paper box market can be divided into seven major regions which are as follows – North America,Asia-Pacific excluding Japan,Latin America,Middle East & Africa,Eastern Europe,Japan,Western Europe
The market of display paper box in North America region is expected to dominate over the forecast period 2017-2025. But being a mature market for retail services, it is expected to witness lesser growth. This market for display paper box is then followed by Asia-Pacific and Europe as second and third most favourable market. The Middle East & Africa and Latin America region are also anticipated to witness substantial growth due to the preference for display paper box in these regions.
Global Display Paper Box Market – Key players:
Few of the key players in the display paper box market are DS Smith Plc, International Paper Company, Smurfit Kappa Group PLC, Menasha Packaging Company, LLC., WestRock Company, Sonoco Products Company, Georgia-Pacific LLC, etc.
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