Reel in Box – Market Outlook
Reel in Box is a corrugated paperboard or plastic box containing a cable spool attached with caddys. This is a very innovative product which is helping building and construction, transportation, and other heavy industries to reduce the packaging waste by providing an efficient way of cable packaging. There are very less number of reel in box manufacturers globally. The reel in box market is in growth phase. The penetration of reel in box is continuously increasing in the cable industry. Corrugated paperboard reel in box are environmental friendly and easily recyclable. Plastic reel in boxes are reusable, which helps in optimising the packaging cost. Reel in boxes are stackble and easy to carry and transport. Corrugated reel in boxes are two types: single wall and double wall.
Reel in Box advantages: Reduce packaging costs Reduce damage of sensitive cable such as fiber oftic and insulated thin copper wire by providing air suspension and secondary packaging Reduce waste by providing an integral cable packaging solution, corrugated box and spools are recyclable and plastic reel in box can be reusable Reduce environmental impact Increase sales: Reel in box provides good presentation on store shelf and it is easy to carry and use
Reel in box market is directly correlated with the cable packaging market. Global cable packaging market is continuously expanding due to the traction in emering markets. Increasing infrastructure investments in Asia Pacific, Latin America, and MEA are driving the demand for cables and wires in building and construction and heavy industries. Global reel in box market is expected to expand at a lucrative CAGR during forecast pereiod. The reel in box market in Asia Pacific is highly contributed by China, India and ASEAN countries. The U.S. is the major producer of cables and wires, which lies in the exports sector of capital goods. The U.S. is the net exporter of capital goods, which is majorly supplying building and construction materials, machines and equipment to countries in Asia Pacific, Latin America and Europe. Growing trend of digitisation and connected cities is increasingly driving the demand for cables and wires across emerging countries, which inturn is expected to drive the global demand for reel in boxes. As the product is made of more than two materials: a secondary packaging box and a spool with caddys, it is very difficult to manufacture the product by a single manufacturer. This reason has lead to a rising number of collaborations between secondary packaging manufactiurers, spool & caddys manufacturers and cable & wire industries. The collborations are helping reel in box manufacturers to integrate and leverage diffrentiated expertise of different players to develop and launch innovative cable packaging solutions. The resistance to collaborate and lack of trust between players in different verticles is restraining the growth of reel in box market. Global Cable & Wire Market, 2017
Global Reel in Box market: Segmentation
The global reel in box market has been segmented as follows –
Download Sample Copy at https://www.futuremarketinsights.com/reports/sample/REP-GB-6649?source=atm
On the basis of product type, the global reel in box market has been segmented as – Half Slotted Container (HSC) Overlap Slotted Container (OSC) Full Overlap Slotted Container (FOL) Center Special Slotted Containers (CSSC) Others
On the basis of material type, the global reel in box market has been segmented as – Corrugated Paperboard Single Wall Double Wall Plastic
On the basis of carrying capacity, the global Reel in Box market has been segmented as – Less Than 5 Kg 5 – 10 Kg 10 – 20 Kg. More than 20 Kg
On the basis of geography, the global Reel in Box market has been divided into seven key regions – North America Asia Pacific excluding Japan Western Europe Eastern Europe Latin America Middle East & Africa Japan
Global Reel in Box market: Research Methodology
The above figure shows comprehensive research methodology to estimate the market size of global reel in box market. The methodology follows a sequential process of the estimation of overall parent market size (global cable & wire market), estimating the penetration of different packaging foramts in global cable & wire packaging market. Estimating the segmental market share of reel in box by market volume. Estimation of average selling price for thousand reel in boxes. Estimate overall global value (US$ Mn) for reel in boxes.
Global Reel in Box market: Key Players
Download Table of Contents at https://www.futuremarketinsights.com/toc/REP-GB-6649?source=atm
Some of the key players operating in the global Reel in Box market are – Carris Reels, Inc., Axjo Pacific Ltd., Klaus Faber AG, Reel Options (Brand of Vandor Corporation), Amokabel group, Digital Electronic Supply Company, PreferPack Company and others.
Key Developments, Mergers and Acquisitions In February 2018, Axjo Pacific Ltd. (Axjo Plastic AB) acquired Windak AB. Windak focuses on the cable industry and have co-operated for a long time. In October 2016, Carris Reels acquired Lone Star Reel of Texas. Lone Star Reel is a major U.S. manufacturer of plywood and nailed wood reels, serving customers in Southern United States. Company has almost more than 20 years of experience in spools manufacturing.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on: Market Segments Market Dynamics Market Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies involved Technology Value Chain
Regional analysis includes: North America (U.S., Canada) Latin America (Mexico. Brazil) Western Europe (Germany, Italy, France, U.K, Spain) Eastern Europe (Poland, Russia) Asia Pacific (China, India, ASEAN, Australia & New Zealand) Japan Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights: Detailed overview of parent market Changing market dynamics in the industry In-depth market segmentation Historical, current, and projected market size in terms of volume and value Recent industry trends and developments Competitive landscape Strategies of key players and products offered Potential and niche segments, geographical regions exhibiting promising growth A neutral perspective on market performance Must-have information for market players to sustain and enhance their market footprint
NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.
Request Customization for this report at https://www.futuremarketinsights.com/customization-available/REP-GB-6649?source=atm