The Impact of COVID-19 is included in Protective Packaging Market Report. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
Protective Packaging Trends and Forecast
The future of the global protective packaging market looks promising with opportunities in the food & beverage, industrial good, healthcare, automotive, cushioning, and household appliance markets. The global protective packaging market is expected to reach an estimated $32.4 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are increase in international trade of goods including electronics, medical equipment, and other delicate commodities, spike in internet purchasing, as well as, movement in consumer preferences in favor of convenience products like prepared meals and frozen foods, necessitating the use of protective packaging.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Protective Packaging by Segment
The study includes a forecast for the global protective packaging by type, material, function, application, and region.
Protective Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Rigid Protective Packaging
• Flexible Protective Packaging
• Foam Protective Packaging
Protective Packaging Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Foam Plastics
• Paper & Paperboard
• Plastics
• Others
Protective Packaging Market by Function [Shipment Analysis by Value from 2018 to 2030]:
• Cushioning
• Blocking & Bracing
• Void Fill
• Insulation
• Wrapping
Protective Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Food & Beverage
• Industrial Goods
• Healthcare
• Automotive
• Cushioning
• Household Appliances
• Others
Protective Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Protective Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies protective packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the protective packaging companies profiled in this report include-
• Smurfit Kappa
• Sealed Air
• Sonoco Product
• DS Smith
• Huhtamaki OYJ
Protective Packaging Market Insights
Lucintel forecasts that flexible protective packaging will remain the largest segment over the forecast period because of its affordability, capacity for customization, and reusability compare to other types.
APAC will remain the largest region over the forecast period due to increasing e-retail sales, rising disposable income, expanding manufacturing activities, industrialization, increasing internet penetration, and rising consumption levels.
Features of the Global Protective Packaging Market
Market Size Estimates: Protective packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Protective packaging market size by type, material, function, application, and region in terms of value ($B).
Regional Analysis: Protective packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, material, function, application, and regions for the protective packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the protective packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the protective packaging market size?
Answer: The global protective packaging market is expected to reach an estimated $32.4 billion by 2030.
Q2. What is the growth forecast for protective packaging market?
Answer: The global protective packaging market is expected to grow with a CAGR of 5.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the protective packaging market?
Answer: The major drivers for this market are increase in international trade of goods including electronics, medical equipment, and other delicate commodities, spike in internet purchasing, as well as, movement in consumer preferences in favor of convenience products like prepared meals and frozen foods, necessitating the use of protective packaging.
Q4. What are the major segments for protective packaging market?
Answer: The future of the global protective packaging market looks promising with opportunities in the food & beverage, industrial good, healthcare, automotive, cushioning, and household appliance markets.
Q5. Who are the key protective packaging market companies?
Answer: Some of the key protective packaging companies are as follows:
• Smurfit Kappa
• Sealed Air
• Sonoco Product
• DS Smith
• Huhtamaki OYJ
Q6. Which protective packaging market segment will be the largest in future?
Answer: Lucintel forecasts that flexible protective packaging will remain the largest segment over the forecast period because of its affordability, capacity for customization, and reusability compare to other types.
Q7. In protective packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to increasing e-retail sales, rising disposable income, expanding manufacturing activities, industrialization, increasing internet penetration, and rising consumption levels.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the protective packaging market by type (rigid protective packaging, flexible protective packaging, and foam protective packaging), material (foam plastics, paper & paperboard, plastics, and others), function (cushioning, blocking & bracing, void fill, insulation, and wrapping), application (food & beverage, industrial goods, healthcare, automotive, cushioning, household appliances, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Protective Packaging Market, Protective Packaging Market Size, Protective Packaging Market Growth, Protective Packaging Market Analysis, Protective Packaging Market Report, Protective Packaging Market Share, Protective Packaging Market Trends, Protective Packaging Market Forecast, Protective Packaging Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Protective Packaging Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Protective Packaging Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Protective Packaging Market by Type
3.3.1: Rigid Protective Packaging
3.3.2: Flexible Protective Packaging
3.3.3: Foam Protective Packaging
3.4: Global Protective Packaging Market by Material
3.4.1: Foam Plastics
3.4.2: Paper & Paperboard
3.4.3: Plastics
3.4.4: Others
3.5: Global Protective Packaging Market by Function
3.5.1: Cushioning
3.5.2: Blocking & Bracing
3.5.3: Void Fill
3.5.4: Insulation
3.5.5: Wrapping
3.6: Global Protective Packaging Market by Application
3.6.1: Food & Beverage
3.6.2: Industrial Goods
3.6.3: Healthcare
3.6.4: Automotive
3.6.5: Cushioning
3.6.6: Household Appliances
3.6.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Protective Packaging Market by Region
4.2: North American Protective Packaging Market
4.2.2: North American Protective Packaging Market by Application: Food & Beverage, Industrial Goods, Healthcare, Automotive, Cushioning, Household Appliances, and Others
4.3: European Protective Packaging Market
4.3.1: European Protective Packaging Market by Type: Rigid Protective Packaging, Flexible Protective Packaging, and Foam Protective Packaging
4.3.2: European Protective Packaging Market by Application: Food & Beverage, Industrial Goods, Healthcare, Automotive, Cushioning, Household Appliances, and Others
4.4: APAC Protective Packaging Market
4.4.1: APAC Protective Packaging Market by Type: Rigid Protective Packaging, Flexible Protective Packaging, and Foam Protective Packaging
4.4.2: APAC Protective Packaging Market by Application: Food & Beverage, Industrial Goods, Healthcare, Automotive, Cushioning, Household Appliances, and Others
4.5: ROW Protective Packaging Market
4.5.1: ROW Protective Packaging Market by Type: Rigid Protective Packaging, Flexible Protective Packaging, and Foam Protective Packaging
4.5.2: ROW Protective Packaging Market by Application: Food & Beverage, Industrial Goods, Healthcare, Automotive, Cushioning, Household Appliances, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Protective Packaging Market by Type
6.1.2: Growth Opportunities for the Global Protective Packaging Market by Material
6.1.3: Growth Opportunities for the Global Protective Packaging Market by Function
6.1.4: Growth Opportunities for the Global Protective Packaging Market by Application
6.1.5: Growth Opportunities for the Global Protective Packaging Market by Region
6.2: Emerging Trends in the Global Protective Packaging Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Protective Packaging Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Protective Packaging Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Smurfit Kappa
7.2: Sealed Air
7.3: Sonoco Product
7.4: DS Smith
7.5: Huhtamaki OYJ
.
Buy full report or by chapter as follows
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
Please sign in below to get report brochure - Protective Packaging Market Report.