Protective Packaging Market to 2022 - Assessment on Top Technologies, Industry Insights, Key Trends and Company Profiles for Investors, Stake Holders and Consultants

The global protective packaging market valued at USD 23.14 Billion in 2016, and is projected to reach USD 32.02 Billion by 2022, at a CAGR of 5.67%. The primary objective of the study is to define, segment, and project the protective packaging market size on the basis of type, material, function, application, and region.

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The Protective Packaging market ecosystem involves various stakeholders in the protective packaging market. It starts with the raw material suppliers such as Smurfit Kappa Group (Ireland), Sealed Air Corporation (US), Sonoco Products Company (US), Huhatamaki (Finland), and Ranpak (US), which are the manufacturing companies of the protective packaging.

Key Target Audience
• Manufacturers of protective packaging
• Importers and exporters of protective packaging
• Traders, distributors, and suppliers of protective packaging
• End users (food & beverage, healthcare, industrial goods, automotive, household appliances, and consumer electronics industries)

In terms of value, the flexible protective packaging segment accounted for the largest market share and is projected to grow at the highest CAGR during the forecast period. Flexible protective packaging is cost-effective, environment-friendly, and provides good barrier resistance properties from damage such as shock and vibration. It also provides high clarity and excellent barrier properties to the products enclosed within.

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Asia Pacific region is estimated to account for the largest share in the total market for protective packaging, in terms of value, followed by North America and Europe, owing to manufacturers’ focus on developing low-cost protective packaging options. The Asia Pacific region is projected to register the highest growth during the forecast period.

Premium Insights
1 Attractive Opportunities in Protective Packaging Market
2 Protective Packaging Market, By Type
3 Protective Packaging Market, By Material
4 Protective Packaging Market, By Function
5 Protective Packaging Market, By Application
6 Protective Packaging Market: Regional Snapshot

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The report defines, segments, and projects the protective packaging market size on the basis of type, material, function, application, and region. The study analyzes competitive developments such as acquisitions, expansions, and new product launches in the protective packaging market.

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