Italy Paper Edge Protectors Market Outlook

italy is one of the biggest market of paper edge protector that offers great opportunity for new entrants in the market. as per the report of us department of commerce, paper export of italy was reached to a value of $6,758 million in the year 2018 which is 1.91 % lower compared to the year 2017. this trend is expected to continue during the forecast period 2018 to 2032, although at waning rate. the paper edge protector market in italy is a highly fragmented as majority of the leading players are operating through regional distribution network. furthermore, there are a limited number of certified players that manufacture and supply these paper edge protectors. however, due to a lack of standardization, the need to improve the quality, viscosity and strength in order to meet the different needs of buyers is becoming increasingly important. in addition to this, there is also a need for new product launches in order to expand their product offerings and stay competitive in the market. in order to stay ahead of the competition, key players in italy’s paper edge protector market are investing heavily for developing cost-effective products along with increasing their presence in the global market. the key players in italy’s paper edge protector market are also shifting their focus towards production of eco-friendly edge protectors which involves the use of eco-friendly and biodegradable materials for the production process. moreover, increasing awareness about the harmful effects of the conventional plastic-based edge protectors is also boosting the demand for eco-friendly edge protectors. the government of italy is also taking initiatives to support the growth of paper edge protector industry by providing tax reliefs and low interest rate loans to the industry players. furthermore, government schemes such as incentivising the usage of eco-friendly boards and sheets, giving preferential rates on imported raw materials and implementing stringent norms for imported materials to ensure quality are being formulated which are expected to further contribute towards the development of paper edge protector industry.