The Dunnage Packaging Market size was USD 4.08 billion in 2023 and is expected to Reach USD 6.55 billion by 2031 and grow at a CAGR of 6.1% over the forecast period of 2024-2031.
The market growth is expected to be driven by increased demand for sustainable and green packaging solutions, which are more cost effective than disposable packaging in the coming years. The product is an integral part of the recycling and reuse packaging sector, which allows businesses to use the same packaging frequently over a period of time, thus optimising the cost of packaging a product.
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The global market for plastic corrugated products dominated in 2022 on the basis of raw materials. This segment is projected to increase in speed thanks to packaging's capacity for control of abrasion, vibration, corrosion, humidity and electrostatic discharge. Over a period of between 2024 and 2031, compound annual growth rates. The flexibility and resistance to impact is provided by the cortan resin. Made from polypropylene (PP) or polyethylene (PE), corrugated plastic is not only environmentally friendly compared to molded plastic packaging but can also be sewn, stapled, cut or heat-sealed to fit any shape . packaging formula. dunnage solution.
KEY DRIVERS:
Increased awareness about its benefits of dunnage packaging
Dunnage packaging, which is an eco-friendly packaging solution that is expected to accelerate the growth of the market, offers a number of advantages, such as allowing new design and flexibility, cost effectiveness, good cushioning, and it is an environmentally friendly packaging solution. In addition it helps to create thinner packaging of components, while protecting their structure and reducing handling and road transport costs, which increases the total market growth.
The growth and development of different end user verticals, e.g. automotive
RESTRAIN:
Restrictions across various regions to hinder the market growth and expansion
The different environmental conditions in the region and the compatibility of the packaging in the region, which challenge.
The increased need for high initial investments
OPPORTUNITY:
ECommerce Growth and Last Mile Delivery Optimization
There is growing demand for effective and reliable packaging solutions in the transit of products, as e.commerce continues to grow. By guaranteeing the safety of shipping and minimising product damage during transit, envelope packaging can offer opportunities to optimise last mile delivery.
CHALLENGES:
Cost pressures and pricing volatility
The challenges are the volatility of commodity price fluctuations and the pressure on costs to be reduced while maintaining quality. The overall costs of dunnage packaging are affected by price fluctuations in materials, e.g. plastic, wood or metal, which affect profit margins and market competitiveness.
In Europe, the effect of war is being felt particularly strongly. The most important market for dunnage packaging in the world is Europe, accounting for more than 40% of worldwide demand. The war caused disruption to the shipping lines, leading to a downturn in Europe's economy. The demand for dunnage packaging in the area was therefore reduced. The Russian and Ukrainian markets for dunnage packaging are also affected by the war. A major producer of dunnage packaging is Russia and Ukraine. The war led to production interruptions in those countries and the export of dunnage packaging has been adversely affected. This led to the fact that Russia and Ukraine, which relied heavily on imports from these countries, had a shortage of dunnage packaging. Since the beginning of the war, wood prices have increased by more than 50 % as a crucial ingredient in dunnage packaging. As a result, the packaging of dunnage has become more expensive to manufacture.
The commonly used packaging material in the Dunnet sector is wood, plastic and paper but prices of those raw materials have been rising sharply recently. This increase in costs will cause dunnage packaging to be more expensive, which can result in a fall in demand. However, in view of the recession some factors are expected to contribute to the growth of the dunnage packaging market. An increasing demand for e commerce is one of these factors. This is due to the fact that consignments are typically more delicate than traditional deliveries, which means an increased demand for dunnage commerce packaging. However, the market growth is expected to decelerate in the short term as a result of the recession. One of the major reasons for this expected slowdown is a decline in industrial production.
By Material
Aluminum
Corrugated Plastic
Fabric
Foams
Corrugated Paper
Molded Plastic
Steel
Wood
Others
With more than 32% of worldwide revenues in 2023, the corrugated plastic segment led the market. Corrugated plastic is a low-cost material that enables the creation of custom packaging solutions for any type of container, thus offering flexibility in its design. The demand for this material is expected to increase further due to its different characteristics, such as water resistance and density of components in a single container.
By Product Type
Dunnage Air Bags
Dividers
Inserts
Packaging Peanuts
Others
By End Use
Electronics
Consumer Durables
Automotive
Food & Beverage
Healthcare
Aerospace
Others
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The dunnage packaging market was dominated in 2023, with over 33 % of total revenue accounted for by the Automotive end use segment. The automotive industry has chosen to go with packaging solutions offering end of life protection for the most expensive components and goods. A significant proportion of the automotive shipping and logistics packaging solutions consist of products, such as engines, decorative interior items or other small mechanical components.
The Asia Pacific region accounted for more than 38 % of global revenue in 2023 and is expected to maintain its dominance over the forecast period , registering the fastest compound annual growth rate. This growth is underpinned by growing demand from economies, such as China and India, for recycled packaging solutions which ensure the security of products in packaged form, some degree of sustainability and reduced costs.
The regional market is likely to be further stimulated by the growing use of recyclable packaging in food & beverages, healthcare and fast-moving consumer goods industries. Other factors are expected to boost demand for product wastage in the Asia Pacific, which include rising use of multiuse packaging rather than single twinning solutions, continued industrialisation, increasing consumer awareness about green materials and sustainable packaging as well as reduced packaging.
In 2023, it was estimated that the market in North America will hold the market share of around 22% and is anticipated to grow at a stable rate over the coming years. Increased market growth in this region is expected to be driven by increased demand for cardboard fibre products from the industry sectors of aircraft, electronics and cars because of its excellent load stabilizer capacity.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Dunnage Packaging market are Orbis Corporation, Corplex, Ckdpack, Packaging Corporation of America, Salco Engineering and Manufacturing Co., Inc, Interior Packaging Design, LLC., NEFAB GROUP, Dunnage Engineering, JIDA Industrial Solutions, Schoeller Allibert and other players.
Orbis Corporation announced in May 2023 that it was launching a new addition to its BulkPak container line.
Corplex announced the launch of AkyPAK PPO and Drop Container in May 2022, both designed to be reused and easy to fold.
| Report Attributes | Details |
| Market Size in 2023 | US$ 4.08 Bn |
| Market Size by 2031 | US$ 6.55 Bn |
| CAGR | CAGR of 6.1% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Material (Aluminum, Corrugated Plastic, Fabric, Foams, Corrugated Paper, Molded Plastic, Steel, Wood, Others) • by Product Type (Dunnage Air Bags, Dividers, Inserts, Packaging Peanuts, Others) • by End Use (Electronics, Consumer Durables, Automotive, Food & Beverage, Healthcare, Aerospace, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Orbis Corporation, Corplex, Ckdpack, Packaging Corporation of America, Salco Engineering and Manufacturing Co., Inc, Interior Packaging Design, LLC., NEFAB GROUP, Dunnage Engineering, JIDA Industrial Solutions, Schoeller Allibert |
| Key Drivers | • Increased awareness about its benefits of dunnage packaging • The growth and development of different end user verticals, e.g. automotive |
| Key Restraints | • Restrictions across various regions to hinder the market growth and expansion • The increased need for high initial investments |
Ans: The Dunnage Packaging Market is expected to grow at a CAGR of 6.1%.
Ans: The Dunnage Packaging Market size was USD 4.08 billion in 2023 and is expected to Reach USD 6.55 billion by 2031.
Ans: Increased awareness about its benefits of dunnage packaging
Ans: Limited Shelf Life of Products such as fruits and vegetables.
Ans: Asia Pacific region is dominating the market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine war
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
4.3 Supply Demand Gap Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Dunnage Packaging Market Segmentation, By Material
8.1 Aluminum
8.2 Corrugated Plastic
8.3 Fabric
8.4 Foams
8.5 Corrugated Paper
8.6 Molded Plastic
8.7 Steel
8.8 Wood
8.9 Others
9. Dunnage Packaging Market Segmentation, By Product Type
9.1 Dunnage Air Bags
9.2 Dividers
9.3 Inserts
9.4 Packaging Peanuts
9.5 Others
10. Dunnage Packaging Market Segmentation, By End Use
10.1 Electronics
10.2 Consumer Durables
10.3 Automotive
104 Food & Beverage
10.5 Healthcare
10.6 Aerospace
10.7 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Dunnage Packaging Market by Country
11.2.2North America Dunnage Packaging Market by Material
11.2.3 North America Dunnage Packaging Market by Product Type
11.2.4 North America Dunnage Packaging Market by End Use
11.2.5 USA
11.2.5.1 USA Dunnage Packaging Market by Material
11.2.5.2 USA Dunnage Packaging Market by Product Type
11.2.5.3 USA Dunnage Packaging Market by End Use
11.2.6 Canada
11.2.6.1 Canada Dunnage Packaging Market by Material
11.2.6.2 Canada Dunnage Packaging Market by Product Type
11.2.6.3 Canada Dunnage Packaging Market by End Use
11.2.7 Mexico
11.2.7.1 Mexico Dunnage Packaging Market by Material
11.2.7.2 Mexico Dunnage Packaging Market by Product Type
11.2.7.3 Mexico Dunnage Packaging Market by End Use
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Dunnage Packaging Market by Country
11.3.1.2 Eastern Europe Dunnage Packaging Market by Material
11.3.1.3 Eastern Europe Dunnage Packaging Market by Product Type
11.3.1.4 Eastern Europe Dunnage Packaging Market by End Use
11.3.1.5 Poland
11.3.1.5.1 Poland Dunnage Packaging Market by Material
11.3.1.5.2 Poland Dunnage Packaging Market by Product Type
11.3.1.5.3 Poland Dunnage Packaging Market by End Use
11.3.1.6 Romania
11.3.1.6.1 Romania Dunnage Packaging Market by Material
11.3.1.6.2 Romania Dunnage Packaging Market by Product Type
11.3.1.6.4 Romania Dunnage Packaging Market by End Use
11.3.1.7 Turkey
11.3.1.7.1 Turkey Dunnage Packaging Market by Material
11.3.1.7.2 Turkey Dunnage Packaging Market by Product Type
11.3.1.7.3 Turkey Dunnage Packaging Market by End Use
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Dunnage Packaging Market by Material
11.3.1.8.2 Rest of Eastern Europe Dunnage Packaging Market by Product Type
11.3.1.8.3 Rest of Eastern Europe Dunnage Packaging Market by End Use
11.3.2 Western Europe
11.3.2.1 Western Europe Dunnage Packaging Market by Country
11.3.2.2 Western Europe Dunnage Packaging Market by Material
11.3.2.3 Western Europe Dunnage Packaging Market by Product Type
11.3.2.4 Western Europe Dunnage Packaging Market by End Use
11.3.2.5 Germany
11.3.2.5.1 Germany Dunnage Packaging Market by Material
11.3.2.5.2 Germany Dunnage Packaging Market by Product Type
11.3.2.5.3 Germany Dunnage Packaging Market by End Use
11.3.2.6 France
11.3.2.6.1 France Dunnage Packaging Market by Material
11.3.2.6.2 France Dunnage Packaging Market by Product Type
11.3.2.6.3 France Dunnage Packaging Market by End Use
11.3.2.7 UK
11.3.2.7.1 UK Dunnage Packaging Market by Material
11.3.2.7.2 UK Dunnage Packaging Market by Product Type
11.3.2.7.3 UK Dunnage Packaging Market by End Use
11.3.2.8 Italy
11.3.2.8.1 Italy Dunnage Packaging Market by Material
11.3.2.8.2 Italy Dunnage Packaging Market by Product Type
11.3.2.8.3 Italy Dunnage Packaging Market by End Use
11.3.2.9 Spain
11.3.2.9.1 Spain Dunnage Packaging Market by Material
11.3.2.9.2 Spain Dunnage Packaging Market by Product Type
11.3.2.9.3 Spain Dunnage Packaging Market by End Use
11.3.2.10 Netherlands
11.3.2.10.1 Netherlands Dunnage Packaging Market by Material
11.3.2.10.2 Netherlands Dunnage Packaging Market by Product Type
11.3.2.10.3 Netherlands Dunnage Packaging Market by End Use
11.3.2.11 Switzerland
11.3.2.11.1 Switzerland Dunnage Packaging Market by Material
11.3.2.11.2 Switzerland Dunnage Packaging Market by Product Type
11.3.2.11.3 Switzerland Dunnage Packaging Market by End Use
11.3.2.1.12 Austria
11.3.2.12.1 Austria Dunnage Packaging Market by Material
11.3.2.12.2 Austria Dunnage Packaging Market by Product Type
11.3.2.12.3 Austria Dunnage Packaging Market by End Use
11.3.2.13 Rest of Western Europe
11.3.2.13.1 Rest of Western Europe Dunnage Packaging Market by Material
11.3.2.13.2 Rest of Western Europe Dunnage Packaging Market by Product Type
11.3.2.13.3 Rest of Western Europe Dunnage Packaging Market by End Use
11.4 Asia-Pacific
11.4.1 Asia-Pacific Dunnage Packaging Market by country
11.4.2 Asia-Pacific Dunnage Packaging Market by Material
11.4.3 Asia-Pacific Dunnage Packaging Market by Product Type
11.4.4 Asia-Pacific Dunnage Packaging Market by End Use
11.4.5 China
11.4.5.1 China Dunnage Packaging Market by Material
11.4.5.2 China Dunnage Packaging Market by Product Type
11.4.5.3 China Dunnage Packaging Market by End Use
11.4.6 India
11.4.6.1 India Dunnage Packaging Market by Material
11.4.6.2 India Dunnage Packaging Market by Product Type
11.4.6.3 India Dunnage Packaging Market by End Use
11.4.7 Japan
11.4.7.1 Japan Dunnage Packaging Market by Material
11.4.7.2 Japan Dunnage Packaging Market by Product Type
11.4.7.3 Japan Dunnage Packaging Market by End Use
11.4.8 South Korea
11.4.8.1 South Korea Dunnage Packaging Market by Material
11.4.8.2 South Korea Dunnage Packaging Market by Product Type
11.4.8.3 South Korea Dunnage Packaging Market by End Use
11.4.9 Vietnam
11.4.9.1 Vietnam Dunnage Packaging Market by Material
11.4.9.2 Vietnam Dunnage Packaging Market by Product Type
11.4.9.3 Vietnam Dunnage Packaging Market by End Use
11.4.10 Singapore
11.4.10.1 Singapore Dunnage Packaging Market by Material
11.4.10.2 Singapore Dunnage Packaging Market by Product Type
11.4.10.3 Singapore Dunnage Packaging Market by End Use
11.4.11 Australia
11.4.11.1 Australia Dunnage Packaging Market by Material
11.4.11.2 Australia Dunnage Packaging Market by Product Type
11.4.11.3 Australia Dunnage Packaging Market by End Use
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Dunnage Packaging Market by Material
11.4.12.2 Rest of Asia-Pacific Dunnage Packaging Market by Product Type
11.4.12.3 Rest of Asia-Pacific Dunnage Packaging Market by End Use
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Dunnage Packaging Market by Country
11.5.1.2 Middle East Dunnage Packaging Market by Material
11.5.1.3 Middle East Dunnage Packaging Market by Product Type
11.5.1.4 Middle East Dunnage Packaging Market by End Use
11.5.1.5 UAE
11.5.1.5.1 UAE Dunnage Packaging Market by Material
11.5.1.5.2 UAE Dunnage Packaging Market by Product Type
11.5.1.5.3 UAE Dunnage Packaging Market by End Use
11.5.1.6 Egypt
11.5.1.6.1 Egypt Dunnage Packaging Market by Material
11.5.1.6.2 Egypt Dunnage Packaging Market by Product Type
11.5.1.6.3 Egypt Dunnage Packaging Market by End Use
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Dunnage Packaging Market by Material
11.5.1.7.2 Saudi Arabia Dunnage Packaging Market by Product Type
11.5.1.7.3 Saudi Arabia Dunnage Packaging Market by End Use
11.5.1.8 Qatar
11.5.1.8.1 Qatar Dunnage Packaging Market by Material
11.5.1.8.2 Qatar Dunnage Packaging Market by Product Type
11.5.1.8.3 Qatar Dunnage Packaging Market by End Use
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Dunnage Packaging Market by Material
11.5.1.9.2 Rest of Middle East Dunnage Packaging Market by Product Type
11.5.1.9.3 Rest of Middle East Dunnage Packaging Market by End Use
11.5.2 Africa
11.5.2.1 Africa Dunnage Packaging Market by Country
11.5.2.2 Africa Dunnage Packaging Market by Material
11.5.2.3 Africa Dunnage Packaging Market by Product Type
11.5.2.4 Africa Dunnage Packaging Market by End Use
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Dunnage Packaging Market by Material
11.5.2.5.2 Nigeria Dunnage Packaging Market by Product Type
11.5.2.5.3 Nigeria Dunnage Packaging Market by End Use
11.5.2.6 South Africa
11.5.2.6.1 South Africa Dunnage Packaging Market by Material
11.5.2.6.2 South Africa Dunnage Packaging Market by Product Type
11.5.2.6.3 South Africa Dunnage Packaging Market by End Use
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Dunnage Packaging Market by Material
11.5.2.7.2 Rest of Africa Dunnage Packaging Market by Product Type
11.5.2.7.3 Rest of Africa Dunnage Packaging Market by End Use
11.6 Latin America
11.6.1 Latin America Dunnage Packaging Market by country
11.6.2 Latin America Dunnage Packaging Market by Material
11.6.3 Latin America Dunnage Packaging Market by Product Type
11.6.4 Latin America Dunnage Packaging Market by End Use
11.6.5 Brazil
11.6.5.1 Brazil Dunnage Packaging by Material
11.6.5.2 Brazil Dunnage Packaging by Product Type
11.6.5.3 Brazil Dunnage Packaging by End Use
11.6.6 Argentina
11.6.6.1 Argentina Dunnage Packaging by Material
11.6.6.2 Argentina Dunnage Packaging by Product Type
11.6.6.3 Argentina Dunnage Packaging by End Use
11.6.7 Colombia
11.6.7.1 Colombia Dunnage Packaging by Material
11.6.7.2 Colombia Dunnage Packaging by Product Type
11.6.7.3 Colombia Dunnage Packaging by End Use
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Dunnage Packaging by Material
11.6.8.2 Rest of Latin America Dunnage Packaging by Product Type
11.6.8.3 Rest of Latin America Dunnage Packaging by End Use
12 Company profile
12.1 Orbis Corporation
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Corplex
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Ckdpack
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Packaging Corporation of America
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Salco Engineering and Manufacturing Co., Inc
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Interior Packaging Design LLC
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 NEFAB GROUP
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Dunnage Engineering
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 JIDA Industrial Solutions
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Schoeller Allibert
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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