The latest market report published by Credence Research, Inc., “Global Envelope Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Envelope Market generated revenue of around USD 1.8 billion in 2021 and is anticipated to grow a CAGR of over 3.3% during the forecast period from 2022 to 2028 to reach around USD 2.2 billion in 2028.
A rise in the parcel delivery industry, which provides shipping envelopes free to their customers by the providers of overnight services such as express mail, federal express, and others, as well as a rise in the benefits of envelopes such as lightweight, occupy less storage space, easily transportable, and an increase in the demand for appealing design and precision construction for food products as well as medicinal packaging, is another major factor accelerating the market growth. To lessen the negative environmental effects, manufacturers in the envelope paper market focus on employing recyclable and renewable paper. Customers are choosing environmentally friendly packaging options. The increase in demand for envelope paper can be attributed to appearance, safety, and design advancements.
Browse Global Envelope Market report-https://www.credenceresearch.com/report/envelope-market
The global envelope market is bifurcated into Material Type, Thickness, End Use, and Geography. The market is categorized into paper and plastic envelopes based on material type. Based on thickness, the global market is segmented into less than 75 GSM, 75 to 100 GSM, 101 to 150 GSM, and above 150 GSM. Based on end use, the market is segmented into postal services, logistics & shipping, e-commerce, and institutional. The market is segmented based on geography: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Asia Pacific market is expected to lead the envelope market due to robust demand in India and China. According to India Post’s annual report, the department of the post has 156,721 postal offices, making it the largest postal network in the world. Rural areas are home to about 90% of these mail offices. Because of the high standard of life, rising disposable incomes, and growing demand for enticing designs and the perfect packaging for food products in this region, North America and Europe dominate the envelope paper industry. A rise in the demand for appealing designs and precise packaging for food products in this region makes the Middle East and Africa the region with the highest growth potential for the envelope paper market.
Why Buy This Report-
- The report provides a qualitative and quantitative analysis of the global envelope market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
- The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level.
- In-depth global envelope market segmentation analysis based on material type, thickness, and end use.
- In-depth global envelope market segmentation analysis based on material type, thickness, and end use.
- Major countries in each region with their import/export statistics
- The global envelope market report also includes analyzing the global, regional, and country levels, key market trends, significant players analysis, market growth strategies, and key application areas.
The Global Envelope Market is Segmented into:
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2016-2028 |
| Base Year | 2021 |
| Forecast Period | 2022 – 2028 |
| Historical Year | 2016 – 2021 |
| Unit | USD Billion |
| By Thickness (2016–2028; US$ Bn) | |
| By End Use (2016–2028; US$ Bn) | |
| By Geography Segment (2016–2028; US$ Bn) |
