Report Scope & Overview:
Protective Packaging Market Size was valued at USD 32.31 billion in 2022, and is expected to reach USD 49.96 billion by 2030, and grow at a CAGR of 5.6% over the forecast period 2023-2030.
Various applications, including those in the food, electronics, and pharmaceutical industries, embrace protective packaging. According to the type of goods, protective packaging can be divided into three basic categories: rigid, foam, and flexible. Additionally, protective packaging offers solutions that shield machinery, equipment, and industrial goods from harm while being stored and transported. Additionally, protective packaging provides security through void fill, wrapping, flexible cushioning, blocking and bracing, protective containment, and surface defence.
APAC's Packaging Industry is Growing
Increase in the E-Commerce Sector
Packaging is subject to strict regulations.
International Trade and Globalization
Efficiency and Sustainability
Impact of Covid-19:
Manufacturers and suppliers of protective packaging were heavily impacted by safety and governmental orders made at the federal, state, and local levels in 2020. Companies have been compelled to alter or adapt their regular business activities as a result of federal government (United States) recommendations to stop the virus' spread and Shelter-in-Place Orders issued at the state and local levels. Protective packaging producers suffered in 2020 as a result of laws requiring business closures, societal conventions of segregation, and reduced municipal and state government office activity. The pandemic hindered the need for protective packaging, primarily because the end-use sectors' demand for this protective packaging fell.
Rigid Protective Packaging
Flexible Protective Packaging
Foam Protective Packaging
Paper & Paperboard
Blocking & Bracing
Food & Beverage
Due to the growing demand from the e-commerce sector for the security of transported goods, Asia-Pacific now holds a dominant position in the protective packaging market. Protective packaging market growth is anticipated to be aided by increased customer spending, ongoing automation developments, and improved manufacturing activities in the area. The presence of big population economies is fostering the development of the e-commerce sector, which is anticipated to have a positive impact on the growth of the protective packaging market in the region throughout the course of the forecast period. Due to a number of variables, including the expanding middle class, modernity, and the population's disposable income levels, North America is predicted to see a substantial portion of the market expansion for protective packaging.
The nation part of the research also lists specific market-impacting variables and domestic market regulation changes that have an affect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
Cascades Corporation, DS Smith Plc, Huhtamaki OYJ, Pregis Corporation, Pro-Pac Packaging Limited, BASF SE, Rocktenn Company, Sonoco Products Company, The Dow Chemical Company, Sealed Air Corporation.
DS Smith Plc-Company Financial Analysis
|Market Size in 2022
|US$ 32.31 Billion
|Market Size by 2030
|US$ 49.96 Billion
|CAGR of 5.6% From 2023 to 2030
|Report Scope & Coverage
|Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
|• By Type (Rigid Protective Packaging, Flexible Protective Packaging, Foam Protective Packaging)
• By Material (Foam Plastics, Paper & Paperboard, Plastics, Others)
• By Function (Cushioning, Blocking & Bracing, Void Fill, Insulation, Wrapping)
• By Application (Food & Beverage, Industrial Goods, Healthcare, Automotive, Cushioning, Household Appliances, Others)
|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)
|Cascades Corporation, DS Smith Plc, Huhtamaki OYJ, Pregis Corporation, Pro-Pac Packaging Limited, BASF SE, Rocktenn Company, Sonoco Products Company, The Dow Chemical Company, Sealed Air Corporation.
|• APAC's Packaging Industry is Growing
• Increase in the E-Commerce Sector
|• Packaging is subject to strict regulations.
Ans: Key stakeholders considered in the study:
Raw material vendors
regulatory authorities, including government agencies and NGO
commercial research & development (r&d) institutions
importers and exporters
government organizations, research organizations, and consulting firms
end-use industries are the stake holder of this report
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Cascades Corporation, DS Smith Plc, Huhtamaki OYJ, Pregis Corporation, Pro-Pac Packaging Limited, BASF SE, Rocktenn Company, Sonoco Products Company, The Dow Chemical Company and Sealed Air Corporation are the major key players of Protective Packaging Market
Ans: Packaging is subject to strict regulations are the restraints for Protective Packaging Market.
Ans: Protective Packaging Market Size was valued at USD 30.6 billion in 2021, and expected to reach USD 44.84 billion by 2028, and grow at a CAGR of 5.6 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
220.127.116.11 United Kingdom
18.104.22.168 South Korea
22.214.171.124 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Protective Packaging Market Segment, By Type
8.1 Rigid Protective Packaging
8.2 Flexible Protective Packaging
8.3 Foam Protective Packaging
9.Protective Packaging Market Segment, By Material
9.1 Foam Plastics
9.2 Paper & Paperboard
10.Protective Packaging Market Segment, By Function
10.2 Blocking & Bracing
10.3 Void Fill
11.Protective Packaging Market Segment, By Application
11.1 Food & Beverage
11.2 Industrial Goods
11.6 Household Appliances
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profile
13.1 Cascades Corporation
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 DS Smith Plc, Huhtamaki OYJ
13.3 Pregis Corporation
13.4 Pro-Pac Packaging Limited
13.5 BASF SE
13.6 Rocktenn Company
13.7 Sonoco Products Company
13.8 The Dow Chemical Company
13.9 Sealed Air Corporation.
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
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