Correx Dividers: Overview
Correx dividers are specially designed formats which have a suitable usage in various packaging materials such as Plastic cell divisions, insert trays, foam dividers, layer pads etc. The wide application of correx dividers are in laboratories especially Healthcare industries for separation of blood sample test tube of patients which have similar blood groups. Many of the Industrials Sector have their Dunnage Systems i.e. Correx Box which are typically designed with Correx dividers in them to customize and improve the performance of any handling tote or tray without any leakage of materials.
Correx Dividers: Dynamics
Correx Dividers are manufactured for delicate surfaces for preventing corrosion of metal parts during transit.For Example GWP group has manufactured innovative product named as anti scuff Bubbleboard which has VCI coating technology that prevents the Correx dividers box from corrosion and safeguards the product during its transit.
Because of its lightweight and simple recyclability correx dividers are commonly used as replacements for plastics and metals boxes without sections. In addition, this correx dividers surface allows for the fast printing of labels and product specifications. The food & beverage industry is the largest application market for correx dividers box, although the material was originally designed for use as packaging material for delicate glassware items & fragile food substitutes such as eggs etc. Requirement for packaging materials that would preserve freshness and avoid damage to food items during transportation prompted the food & beverage industry to embrace correx dividers boxes.
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Correx dividers box are used in various liquid & non-liquid food items for transport & shipping. Such packaging systems are used by dairy, drinks, bakery, meat / poultry as well as general food processors and suppliers to improve production, reduce costs and maximize their value supply chain. Correx Dividers box are primarily used for food & beverage storage and exports, as well as for the agricultural industry.
GWP Correx launches returnable packaging system Rapitainer Packaging and materials handling specialist GWP Correx has announced the launch of Rapitainer, a new returnable packaging system made from robust Correx plastic.
Another factor that is gaining traction of correx dividers market is electronics and telecommunication industry such as instruments, photosensitive materials packaging and products such as like LCD ,LDI ,Television sets has gained popularity in urban cultures .So, Correx dividers are manufactured as moisture resistance, corrosion resistance, light weight, anti-stretch, high strength, Anti-static, fire-retardant for protecting the product from external damage.
During festive seasons, e-commerce players offer several discounts which attract more customers to shopping online. Additionally, creative campaigns launched by several end-user industries that offer product customization, further complement ecommerce growth, thereby fostering market development. For example, Nike launched an NIKEiD system that allows clients to order a personalized shoe or athletic bag in customized packaging in specialized boxes.
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Correx Dividers: Segmentation
The global correx dividers market is basically segmented by product, layers, material & end-use industry.
The global correx dividers market is basically segmented by Product Type
- With lid
- Open top
- Tote trays
The global correx dividers market is basically segmented by Layers
- Single wall
- Double wall
The global correx dividers market is basically segmented by Material
- Polypropylene (PP)
- High Density Polypropylene (HDPE)
- Polyethylene Terephthalate (PET)
- Polycarbonate (PC)
- Polypropylene carbonate (PPC)
The global correx dividers market is basically segmented by End Use
- Logistics and Transportation
- Medical and Healthcare
- Food and Beverages
- Electrical and Electronics
- Others (Cosmetics and personal care, Manufacturing, Retail stores)
Correx Dividers: Regional Outlook
Asia Pacific has been the largest buyer and manufacturer of correx dividers in the last few decades and the trend is expected to continue over the forecast era. This trend is largely attributable to increased demand for processed food & beverages, especially in developing countries like India, China, Malaysia and Indonesia; Asia Pacific’s booming e-commerce industry is expected to further increase demand from correx dividers over the projected time frame. Correx dividers are designed with versatility and light weight properties ensure fast handling and shipping, which is a requirement for e-commerce industries.
Growing regulations in North America and Europe on non-biodegradable materials are an anticipated catalyst for the correx dividers box industry over the next six years. RoW correx dividers box market is expected to grow significantly due to growing exports of fruit & vegetables from Africa. Regulations in Europe and North America on deforestation and the use of paper processing chemicals are likely to limit the demand for correx dividers over the projected period.
Correx Dividers: Key Players
- GWP Group
- MJSolpac Ltd
- Gilbert Curry Industrial Plastics
- Adelphi Healthcare Packaging
- Sarcina Packaging ltd.
- NV Boxes.
- Shish industries limited
- Shenzhen Qi Chang Industry Co., Ltd
- Dongguan Peng Feng New Material Co. Ltd
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.