Corrugated cardboard is one of the fastest moving products on the market, globally! As the rate at which consumer goods are purchased increases, brands are looking for economical, customizable and sustainable sources of packaging, and corrugated board ticks all the right boxes.
The Growth So Far…
The packaging industry grows at around 5% every year and remains one of the most important aspects in the production chain. Corrugated cardboard reflects this growth as the packaging product is, by and large, a more sustainable product than non-reusable plastics.
Furthermore, modern processes involving die-cutting and molding speeds up manufacturing, creates customizable packaging for individual brands, and gives brands the ability to package products economically. South Africa has benefitted from corrugated cardboard growth as international brands with a local market use South African packaging businesses to supply their corrugated board. This, in turn, has created jobs, from forestry to warehousing.
The Future Of Corrugated Board…
Unfortunately, the expected production of corrugated board is expected to slow down dramatically over the coming years. This is a result of internet shopping, and manufacturers focussing on slimming a product’s packaging to increase positive user-experience and cover costs.
Growth is expected to drop from 4.3% to 3.6% next year. Where growth is expected, though, is in certain industries like the electronic market where corrugated board is still a very popular packaging material.
Luckily, South Africa is not as advanced as the USA or Europe, and the trend of buying products online has not extended to the majority of the population. For this reason, the industry will not suffer a decline in growth, but rather it will continue the current trend of expansion.
It is important to source local corrugated board manufacturers for locally produced products. The reasons for this are obvious. However, it is equally important to purchase bulk quantities of corrugated board from a manufacturer that can support your requirements, and deliver the customized and specced product appropriately.
If you ae looking for such service, don’t hesitate to contact Design Packaging & Tapes!