Global Protective Packaging Market, By Material Type (Foam Plastics, Paper and Paperboard, Plastics and Others), Product Type (Flexible, Foam and Rigid), Function (Wrapping, Void-Fill, Insulation, Cushioning, Blocking and Bracing), End-User Industry (Food and Beverage, Industrial Goods, Automotive, Household Appliances and Pharmaceuticals), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The protective packaging market will register the growth at a rate of 6.90% for the forecast period of 2021 to 2028. The protective packaging market report analyses the growth, which is currently being growing due to the rising demand from consumers for high product transparency.
Packaging is the covering of items in packages with the aid of protective wrappings or other external covering, which gives protection, information, safety, and other advantages. Protective packaging aids to retain the quality and flexibility of food items meanwhile expanding their preservative life without the utilization of preservatives.
Technological developments in the packaging play an essential role in boosting the growth of the protective packaging market. The protective packaging market is witnessing high growth because of variant factors for example growth in the need from the food and beverage and healthcare sectors, and the inclination for convenient packaging. Factors, for instance the global manufacturing output, constant technological developments, and customer expanding on packaged goods, are anticipated to propel the growth of the protective packaging market. Additionally, considerable from the e-commerce industry is estimated to cushion protective packaging market in the forecast period. Assuring positive consumer understanding and meeting their conditions are acutely essential for companies. Key manufacture players are concentrating on research and development actions to advance for renewable and environmental friendly packaging materials, which can be recycled and renewed. Strict administrations connected to the degradability of packaging materials are estimated to hinder the growth of the protective packaging market during the forecast period. Despite that, the implementation of strict private and government administrations by several countries can be posed as one of the biggest challenge for the growth of the protective packaging market in the forecast period.
This protective packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market.. To gain more info on protective packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Protective Packaging Market Scope and Market Size
The protective packaging market is segmented on the basis of material type, product type, function and end-user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on the material type, the protective packaging market is segmented into foam plastics, paper and paperboard, plastics and others.
- Based on the product type, the protective packaging market is segmented into flexible, foam and rigid.
- Based on the function, the protective packaging market is segmented into wrapping, void-fill, insulation, cushioning, blocking and bracing.
- Based on the end-user industry, the protective packaging market is segmented into food and beverage, industrial goods, automotive, household appliances and pharmaceuticals.
Protective Packaging Market Country Level Analysis
The protective packaging market is analysed and market size, volume information is provided by country, material type, product type, function and end-user industry as referenced above.
The countries covered in the protective packaging market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the protective packaging market because of the increasing need from e-commerce industry for the safety of shipped products. The rising of the customer expenditure, continuous automation developments, and enhancement in the production activities in the region is expected to further propel the growth of the protective packaging market. The existence of large population economies are supporting toward the growth of e-commerce industry, which, in result, is expected to boost the growth of the protective packaging market in the region during the forecast period. North America is anticipated to observe significant amount of the growth protective packaging market because of the various factors for example improvising middle class, modernization, and disposable income levels of the population are expected to cushion the growth of the protective packaging.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Protective Packaging Market Share Analysis
The protective packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to protective packaging market.
The major players covered in the protective packaging market report are Smurfit Kappa, Sealed Air, Sonoco Products Company, Amcor plc, Huhtamaki, DS Smith, Pregis LLC, Pro-Pac Packaging Limited, WestRock Company., International Paper, STOROPACK HANS REICHENECKER GMBH, Ranpak, STREET WEAR OFFICIAL LLC, Protective Packaging Corporation, APEX Packaging Corporation, BDL Supply, Wisconsin Foam Products.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.