The Logistics Packaging Market size was valued at USD 25822.01 million in 2023 and is expected to grow to USD 38442.52 million by 2031 and grow at a CAGR of 5.1% over the forecast period of 2024-2031.
Logistic packaging mainly focuses on the combined benefits achieved by integrating the system of logistics and packaging with increasing the potential of supply chain effectiveness as well as efficiency by improving packaging and logistic-related activities.
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Logistics packaging ensures that product reaches their destination intact, saving time and money for the sender as well as the receiver. Logistic packaging makes storage a lot easier when there is a time gap between manufacturing and shipping. The manufacturers of Logistic packaging use plastic, metal, wood pellets, paper, and fiber for assembling different kinds of packaging for modern and efficient applications.
Packaging serves four major functions: containment, communication, protection, and utility. These functions are crucial in maximizing sales and profits while minimizing losses and wastage. Additionally, they play a critical role in enhancing the consumer and overall brand experience. In today's market, packaging is considered a vital link between consumers and brands. It effectively communicates that hygiene is maintained, safety is prioritized, and product or service quality is not compromised.
Drivers
Increase in logistics and shipping industries
Immense evolution of the packaging sector across the globe
Advancement in the packaging technology
Increase in urbanization and industrialization
Growth of import and export across the globe
New development and discoveries in the logistics sector
Recent advancements and discoveries in the logistics industry are propelling the growth of the Logistics Packaging Market. This market is experiencing a surge in demand due to the increasing need for efficient and effective packaging solutions in the transportation and storage of goods. The logistics sector is constantly evolving, and with the emergence of new technologies and innovative packaging materials, the Logistics Packaging Market is poised for significant expansion.
Restrain
Late delivery of packaging to the product manufacturer
Rising environmental concerns regarding the new packaging structure
The Logistics Packaging Market is facing a significant challenge due to increasing environmental concerns surrounding its packaging structure. This restraint is impacting the market's growth and development. To address this issue, companies must prioritize sustainable packaging solutions that minimize their environmental impact. By doing so, they can not only meet consumer demands for eco-friendly products but also contribute to a healthier planet.
Opportunities
Increasing consumer demand for logistic packaging pharmaceutical and food products
Challenges
High cost associated with the packaging solution
The COVId-19 pandemic has reduced the demand for certain types of packaging while accelerating the growth of some other types of packaging such as emerging E-commerce shipments. Due to these changes, many packaging companies have faced various challenges regarding the logistics packaging market.
The intrinsic role of packaging to protect and deliver the product to consumers without damage and contamination has never been as prominent as during the coronavirus crisis. In light of the need for physical distancing and minimizing human contact with groceries to reduce the spread of the virus, packaging plays a crucial role in ensuring safety. Proper packaging not only protects the products but also provides a layer of protection for consumers. The industry proved resilient in meeting stockpiling peaks while navigating its own logistic obstacles, including explaining its critical place in the supply chain, notably as countries apply movement restrictions.
The ongoing conflict between Russia and Ukraine has resulted in the departure of approximately 350 major foreign companies, leading to the closure of production and packaging facilities in both countries. As a result, the logistics packaging market has been significantly impacted by the Russian invasion of Ukraine. The consequences of this conflict have been far-reaching, affecting not only the economies of Russia and Ukraine but also the global market. The closure of these facilities has disrupted supply chains and caused delays in the delivery of goods, leading to increased costs and decreased efficiency.
The ongoing recession has impacted the logistics packaging market badly. The downturn has resulted in a decrease in demand for logistics packaging products and services, as businesses have been forced to cut costs and reduce their overall spending. This has led to a decrease in the production and sales of logistics packaging products, which has had a negative impact on the industry as a whole. Many companies have been forced to downsize or even close their doors due to the economic downturn, which has further exacerbated the situation.
By Packaging Durability Type
Flexible Logistics Packaging
Rigid Logistics Packaging
By Material Durability Type
Durable Goods
Non-Durable Goods
By Material
Plywood
Wood
Corrugated
Plastic
Steel
Others
By End-users
Automotive
Healthcare
Food & Beverages
Manufacturing
Consumer Goods
Others
By Type
Individual packaging
Inner packaging
Outer packaging
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Europe region dominated the market with the highest market share and is expected to show significant growth during the forecast period. Rising demand for logistic packaging across various industries, development in rigid and flexible packaging, and continuous changes in the packaging structure are some key factors that fuel the growth of the logistics packaging market.
After Europe, North America is the second dominating market of logistics packaging market owing to the increase in global Import and export volumes across the various regions. Advancement of the Transportation industry which demands improved packaging drives the market for logistic packaging.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major key players are Braid Logistics, Trans Ocean Bulk Logistics, BLT Flexitank Industrials Co. Ltd., BAG Corp., Jumbo Bag Corporation, Boxon USA., Buske Logistics, and other key players will be included in the final report.
Buske Logistics, a well-known provider of contract logistics services with a wealth of experience in the packaging, food and beverage, and automotive industries, has been announced for acquisition by Fourshore Partners in March 2022. This acquisition is set to further enhance Buske Logistics' capabilities and expand its reach in the logistics industry.
In other news, Sourceful, a company dedicated to promoting supply chain transparency, has announced its plans to raise USD 20 million in a Series A round of funding in March 2022. This funding will enable Sourceful to continue its mission of creating a more sustainable and ethical supply chain for businesses and consumers alike.
| Report Attributes | Details |
| Market Size in 2023 | US$ 25822.01 Mn |
| Market Size by 2031 | US$ 38422.52 Mn |
| CAGR | CAGR of 5.1% 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 Packaging Durability Type (Flexible Logistics Packaging, Rigid Logistics Packaging) • By Material Durability Type (Durable Goods, Non-Durable Goods) • By Material (Plywood, Wood, Corrugated, Plastic, Steel, and Others) • By End-users (Automotive, Healthcare, Food & Beverages, Manufacturing, Consumer Goods, Others) • By Type (Individual packaging, Inner packaging, Outer packaging) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Braid Logistics, Trans Ocean Bulk Logistics, BLT Flexitank Industrials Co. Ltd., BAG Corp., Jumbo Bag Corporation, Boxon USA., Buske Logistics |
| Key Drivers | • Increase in logistics and shipping industries • Immense evolution of the packaging sector across the globe |
| Market Opportunities | • Increasing consumer demand for logistic packaging pharmaceutical and food products |
The expected CAGR of the global Logistics Packaging Market during the forecast period is 5.1%.
The market size of the Logistics Packaging Market is USD 25822.01 million in 2023.
The major key players are Braid Logistics, Trans Ocean Bulk Logistics, BLT Flexitank Industrials Co. Ltd., BAG Corp., Jumbo Bag Corporation, Boxon USA.
Europe region dominated the Logistics Packaging Market.
Increase in logistics and shipping industries, Immense evolution of the packaging sector across the globe, Advancement in packaging technology, Increase in urbanization and industrialization, Increased import and export across the globe, New development and discoveries in the logistics sector are the driving factors of Logistics Packaging 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 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Logistic Packaging Market Segmentation, By Packaging Durability Type
8.1 Flexible Logistics Packaging
8.2 Rigid Logistics Packaging
9. Logistic Packaging Market Segmentation, By Material Durability Type
9.1 Durable Goods
9.2 Non-Durable Goods
10. Logistic Packaging Market Segmentation, By Material
10.1 Plywood
10.2 Wood
10.3 Corrugated
10.4 Plastic
10.5 Steel
10.6 Others
11. Logistic Packaging Market Segmentation, By End-users
11.1 Automotive
11.2 Healthcare
11.3 Food & Beverages
11.4 Manufacturing
11.5 Consumer Goods
11.6 Others
12. By Type
12.1 Individual packaging
12.2 Inner packaging
12.3 Outer packaging
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 North America Logistics Packaging Market by Country
13.2.2North America Logistics Packaging Market by Packaging Durability Type
13.2.3 North America Logistics Packaging Market by Material Durability Type
13.2.4 North America Logistics Packaging Market by Material
13.2.5 North America Logistics Packaging Market by End-users
13.2.6 North America Logistics Packaging Market by Type
13.2.7 USA
13.2.7.1 USA Logistics Packaging Market by Packaging Durability Type
13.2.7.2 USA Logistics Packaging Market by Material Durability Type
13.2.7.3 USA Logistics Packaging Market by Material
13.2.7.4 USA Logistics Packaging Market by End-users
13.2.7.5 USA Logistics Packaging Market by Type
13.2.8 Canada
13.2.8.1 Canada Logistics Packaging Market by Packaging Durability Type
13.2.8.2 Canada Logistics Packaging Market by Material Durability Type
13.2.8.3 Canada Logistics Packaging Market by Material
13.2.8.4 Canada Logistics Packaging Market by End-users
13.2.8.5 Canada Logistics Packaging Market by Type
13.2.9 Mexico
13.2.9.1 Mexico Logistics Packaging Market by Packaging Durability Type
13.2.9.2 Mexico Logistics Packaging Market by Material Durability Type
13.2.9.3 Mexico Logistics Packaging Market by Material
13.2.9.4 Mexico Logistics Packaging Market by End-users
13.2.9.5 Mexico Logistics Packaging Market by Type
13.3 Europe
13.3.1 Europe Logistics Packaging Market by Country
1.3.3.2 Europe Logistics Packaging Market by Packaging Durability Type
13.3.3 Europe Logistics Packaging Market by Material Durability Type
13.3.4 Europe Logistics Packaging Market by Material
13.3.5 Europe Logistics Packaging Market by End-users
13.3.6 Europe Logistics Packaging Market by Type
13.3.7 Germany
13.3.8.1 Germany Logistics Packaging Market by Packaging Durability Type
13.3.8.2 Germany Logistics Packaging Market by Material Durability Type
13.3.8.3 Germany Logistics Packaging Market by Material
13.3.8.4 Germany Logistics Packaging Market by End-users
13.3.8.5 Germany Logistics Packaging Market by Type
13.3.8 UK
13.3.8.1 UK Logistics Packaging Market by Packaging Durability Type
13.3.8.2 UK Logistics Packaging Market by Material Durability Type
13.3.8.3 UK Logistics Packaging Market by Material
13.3.8.4 UK Logistics Packaging Market by End-users
13.3.8.5 UK Logistics Packaging Market by Type
13.3.9 France
13.3.9.1 France Logistics Packaging Market by Packaging Durability Type
13.3.9.2 France Logistics Packaging Market by Material Durability Type
13.3.9.3 France Logistics Packaging Market by Material
13.3.9.4 France Logistics Packaging Market by End-users
13.3.9.5 France Logistics Packaging Market by Type
13.3.10 Italy
13.3.10.1 Italy Logistics Packaging Market by Packaging Durability Type
13.3.10.2 Italy Logistics Packaging Market by Material Durability Type
13.3.10.3 Italy Logistics Packaging Market by Material
13.3.10.4 Italy Logistics Packaging Market by End-users
13.3.10.5 Italy Logistics Packaging Market by Type
13.3.11 Spain
13.3.11.1 Spain Logistics Packaging Market by Packaging Durability Type
13.3.11.2 Spain Logistics Packaging Market by Material Durability Type
13.3.11.3 Spain Logistics Packaging Market by Material
13.3.11.4 Spain Logistics Packaging Market by End-users
13.3.11.5 Spain Logistics Packaging Market by Type
13.3.12 The Netherlands
13.3.12.1 Netherlands Logistics Packaging Market by Packaging Durability Type
13.3.12.2 Netherlands Logistics Packaging Market by Material Durability Type
13.3.12.3 Netherlands Logistics Packaging Market by Material
13.3.12.4 Netherlands Logistics Packaging Market by End-users
13.3.12.5 Netherlands Logistics Packaging Market by Type
13.3.13 Rest of Europe
13.3.13.1 Rest of Europe Logistics Packaging Market by Packaging Durability Type
13.3.13.2 Rest of Europe Logistics Packaging Market by Material Durability Type
13.3.13.3 Rest of Europe Logistics Packaging Market by Material
13.3.13.4 Rest of Europe Logistics Packaging Market by End-users
13.3.13.5 Rest of Europe Logistics Packaging Market by Type
13.4 Asia-Pacific
13.4.1 Asia Pacific Logistics Packaging Market by Country
13.4.2 Asia Pacific Logistics Packaging Market by Packaging Durability Type
13.4.3 Asia Pacific Logistics Packaging Market by Material Durability Type
13.4.4Asia Pacific Logistics Packaging Market by Material
13.4.5Asia Pacific Logistics Packaging Market by End-users
13.4.6 Asia Pacific Logistics Packaging Market by Type
13.4.7 Japan
13.4.7.1 Japan Logistics Packaging Market by Packaging Durability Type
13.4.7.2 Japan Logistics Packaging Market by Material Durability Type
13.4.7.3 Japan Logistics Packaging Market by Material
13.4.7.4 Japan Logistics Packaging Market by End-users
13.4.7. 5Japan Logistics Packaging Market by Type
13.4.8South Korea
13.4.8.1 South Korea Logistics Packaging Market by Packaging Durability Type
13.4.8.2 South Korea Logistics Packaging Market by Material Durability Type
13.4.8.3 South Korea Logistics Packaging Market by Material
13.4.8.4 South Korea Logistics Packaging Market by End-users
13.4.8.5 South Korea Logistics Packaging Market by Type
13.4.9 China
13.4.9.1 China Logistics Packaging Market by Packaging Durability Type
13.4.9.2 China Logistics Packaging Market by Material Durability Type
13.4.9.3 China Logistics Packaging Market by Material
13.4.9.4 China Logistics Packaging Market by End-users
13.4.9.5 China Logistics Packaging Market by Type
13.4.10 India
13.4.10.1 India Logistics Packaging Market by Packaging Durability Type
13.4.10.2 India Logistics Packaging Market by Material Durability Type
13.4.10.3 India Logistics Packaging Market by Material
13.4.10.4 India Logistics Packaging Market by End-users
13.4.10.5 India Logistics Packaging Market by Type
13.4.11 Australia
13.4.11.1 Australia Logistics Packaging Market by Packaging Durability Type
13.4.11.2 Australia Logistics Packaging Market by Material Durability Type
13.4.11.3 Australia Logistics Packaging Market by Material
13.4.11.4 Australia Logistics Packaging Market by End-users
13.4.11.5 Australia Logistics Packaging Market by Type
13.4.12 Rest of Asia-Pacific
13.4.12.1 APAC Logistics Packaging Market by Packaging Durability Type
13.4.12.2 APAC Logistics Packaging Market by Material Durability Type
13.4.12.3 APAC Logistics Packaging Market by Material
13.4.12.4 APAC Logistics Packaging Market by End-users
13.4.12.5 APAC Logistics Packaging Market by Type
13.5 The Middle East & Africa
13.5.1 The Middle East & Africa Logistics Packaging Market by Country
13.5.2 The Middle East & Africa Logistics Packaging Market by Packaging Durability Type
13.5.3 The Middle East & Africa Logistics Packaging Market by Material Durability Type
13.5.4The Middle East & Africa Logistics Packaging Market by Material
13.5.5 The Middle East & Africa Logistics Packaging Market by End-users
13.5.6The Middle East & Africa Logistics Packaging Market by Type
13.5.7 Israel
13.5.7.1 Israel Logistics Packaging Market by Packaging Durability Type
13.5.7.2 Israel Logistics Packaging Market by Material Durability Type
13.5.7.3 Israel Logistics Packaging Market by Material
13.5.7.4 Israel Logistics Packaging Market by End-users
13.5.7.5 Israel Logistics Packaging Market by Type
13.5.8 UAE
13.5.8.1 UAE Logistics Packaging Market by Packaging Durability Type
13.5.8.2 UAE Logistics Packaging Market by Material Durability Type
13.5.8.3 UAE Logistics Packaging Market by Material
13.5.8.4 UAE Logistics Packaging Market by End-users
13.5.8.5 UAE Logistics Packaging Market by Type
13.5.9South Africa
13.5.9.1 South Africa Logistics Packaging Market by Packaging Durability Type
13.5.9.2 South Africa Logistics Packaging Market by Material Durability Type
13.5.9.3 South Africa Logistics Packaging Market by Material
13.5.9.4 South Africa Logistics Packaging Market by End-users
13.5.9.5 South Africa Logistics Packaging Market by Type
13.5.10 Rest of Middle East & Africa
13.5.10.1 Rest of Middle East & Asia Logistics Packaging Market by Packaging Durability Type
13.5.10.2 Rest of Middle East & Asia Logistics Packaging Market by Material Durability Type
13.5.10.3 Rest of Middle East & Asia Logistics Packaging Market Material
13.5.10.4 Rest of Middle East & Asia Logistics Packaging Market by End-users
13.5.10.5 Rest of Middle East & Asia Logistics Packaging Market by Type
13.6 Latin America
13.6.1 Latin America Logistics Packaging Market by Country
13.6.2 Latin America Logistics Packaging Market by Packaging Durability Type
13.6.3 Latin America Logistics Packaging Market by Material Durability Type
13.6.4 Latin America Logistics Packaging Market by Material
13.6.5 Latin America Logistics Packaging Market by End-users
13.6.6 Latin America Logistics Packaging Market by Type
13.6.7 Brazil
13.6.7.1 Brazil Logistics Packaging Market by Packaging Durability Type
13.6.7.2 Brazil Africa Logistics Packaging Market by Material Durability Type
13.6.7.3 Brazil Logistics Packaging Market by Material
13.6.7.4 Brazil Logistics Packaging Market by End-users
13.6.7.5 Brazil Logistics Packaging Market by Type
13.6.8 Argentina
13.6.8.1 Argentina Logistics Packaging Market by Packaging Durability Type
13.6.8.2 Argentina Logistics Packaging Market by Material Durability Type
13.6.8.3 Argentina Logistics Packaging Market by Material
13.6.8.4 Argentina Logistics Packaging Market by End-users
13.6.8.5 Argentina Logistics Packaging Market by Type
13.6.9 Rest of Latin America
13.6.9.1 Rest of Latin America Logistics Packaging Market by Packaging Durability Type
13.6.9.2 Rest of Latin America Logistics Packaging Market by Material Durability Type
13.6.9.3 Rest of Latin America Logistics Packaging Market by Material
13.6.9.4 Rest of Latin America Logistics Packaging Market by End-users
13.6.9.5 Rest of Latin America Logistics Packaging Market by Type
14.Company Profile
14.1 Braid Logistics
14.1.1 Market Overview
14.1.2 Financials
14.1.3 Product/Services/Offerings
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 Trans Ocean Bulk Logistics
14.2.1 Market Overview
14.2.2 Financials
14.2.3 Product/Services/Offerings
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 BLT Flexitank Industrials Co. Ltd
14.3.1 Market Overview
14.3.2 Financials
14.3.3 Product/Services/Offerings
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 BAG Corp
14.4.1 Market Overview
14.4.2 Financials
14.4.3 Product/Services/Offerings
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 Jumbo Bag Corporation
14.5.1 Market Overview
14.5.2 Financials
14.5.3 Product/Services/Offerings
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 Boxon USA
14.6.1 Market Overview
14.6.2 Financials
14.6.3 Product/Services/Offerings
14.6.4 SWOT Analysis
14.6.5 The SNS View
15.Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share analysis
15.3 Recent Developments
16. USE Cases And Best Practices
17. Conclusion
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