Inclining consumer preference for e-commerce over retail stores has created a major set-back for the cardboard dump bins market globally
Cardboard dump bins are most preferable type of point-of-purchase (POP) displays for loose fill of small and light weight products. Especially for the clearance sales, retail stores uses cardboard dump bins. The cardboard material allows excellent printability for production of an aesthetic cardboard dump bin with large and easily noticeable graphics attracting the consumers even in huge super markets and hyper markets. The floor type of POP displays, including cardboard dump bins, has dominated the global POP displays market due to its effectiveness with large graphics and ease in manufacturing. Performance of the retail sector in a geography is one of the prominent factor impacting the growth of cardboard dump bins market. Increasing number of consumers preferring e-commerce for the purchasing of consumer goods over traditional retail stores is one of the major set-back for the global cardboard dump bins market.
Global Cardboard dump bins Market Dynamics
The cardboard dump bins are rising in the market share among other POP display solutions on the expense on stagnant demand for plastic POP display solutions which are relatively higher in cost and heavier for handling. High printability, low weight and low cost are some of the key parameters providing winning imperatives to the cardboard dump bins over other POP display solutions. Cardboard dump bins are consumed by the consumer product manufacturers to promote a specific product or a specific brand, and the promotional graphic is printed accordingly. Adding value to the consumer product in the value chain, cardboard dump bins are supplied to the bulk suppliers of the consumer products with large retail stores where cardboard dump bins can stand-out and promote single product among hundreds of products in the store. Ease in manufacturing of cardboard dump bins has provided a significant flexibility in designing with convenience for placing the primary products just like a shelf. Competitors in the global cardboard dump bins market compete basically on the capability of printing and innovative designing of the cardboard dump bins.
Global Cardboard dump bins Market Segmentation
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The global Cardboard dump bins market can be segmented on the basis of application as Retail stores Super market & hyper market Convenience stores
The global Cardboard dump bins market can be segmented on the basis of shape as Round Square Hexagonal Octagonal Others
The global Cardboard dump bins market can be segmented on the basis of end-user Industry as Food & Beverage Stationary Healthcare Electrical & Electronics Homecare & Toiletries Cosmetics & Personal care Others
Global Cardboard dump bins Market Regional Outlook
China is one of the most prominent supplier of the cardboard dump bins with hundreds of small players serving majority of the domestic market. Urban population growth and economy growth of China are some of the prominent factor responsible for rise in number of super markets and hyper markets, ultimately leading to growth in demeaned for cardboard dump bins in China. The growth of urban population in emerging economies of Asia Pacific region, specifically India and ASEAN countries, are the key drivers for cardboard dump bins. The retail sector in Europe has witnessed slight decline over the past few years owing to the preference of consumers for online shopping over retail shopping. Although, much higher number of super markets and hyper markets in U.S. have resulted into large and stagnant market for cardboard dump bins in the country. Small retail stores cease to exist in the country and significant number of consumer prefer to buy FMCG (Fast Moving Consumer Goods) products from retail stores, representing a large market size for cardboard dump bins in the U.S.
Global Cardboard dump bins Market Key Players
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Some of the key players operating in the global Cardboard dump bins market are Smurfit Kappa Group PLC Grand Fly Industrial Limited George Patton Associates, Inc. Parkway Display Products Limited Shenzhen Leader Display PDTS Ltd. WH Skinner Watson printing & packaging Co. Shenzhen Jiechuang Pop Display Co., Ltd. Shenzhen Wow Display Industrial Ltd.
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