Press release
Protective Packaging Market to grow significantly at a CAGR of XX % by 2028 | Pregis Corporation, Pro-Pac Packaging, Storopack Hans Reichenecker, Dow, DS Smith
Protective Packaging Market
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
1. Pregis Corporation
2. Pro-Pac Packaging
3. Storopack Hans Reichenecker
4. Dow
5. DS Smith
According to the report, the protective packaging market has been segmented by material (foam plastics, paper & paperboard, others), by type (flexible, rigid, foam), by function (cushioning, blocking & bracing, void fill, insulation, wrapping), by application (food & beverage, health care, industrial goods, automotive, household appliances, consumer electronics, others).
Protective packaging offers protection to the products from damage during warehousing or transportation. This packaging is highly adoptable in the industries such as pharmaceuticals, foods, and electronics. Protective packaging can be classified into three major types, namely foam, flexible, and rigid. This packaging system consists of insulated shipping containers, molded pulp, and paperboard protectors to provide extra protection to the machineries, industrial products, and equipment.
By application, the food & beverages segment is projected to grow at the highest rate due to the high demand for food & beverage packaging as it offers durability, product protection, and extends the shelf life of the product. Protective packaging for food & beverage products reduces the possibility of product contamination & damage. It also protects products from moisture, gas, light, and temperature.
E-commerce logistics have evolved their packaging standards, complementing the protective packaging market. Protective packaging is used either as a primary or a secondary packaging material depending upon the products' end use application. The extended application and a variety of material choices make it ideal for almost all end-user industry vertical in one way or another.
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Protective packaging solutions use both plastic and paper as a raw material occasionally to create a custom solution. It is important to evaluate packing solutions for specific product and production situation due to the availability of various alternatives. These factors are required to be taken into consideration during the decision-making processes such as related costs, performance objectives, and environmental profile of the product.
Insights about regional distribution of market:
The protective packaging market by region has been segmented into North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America, Western Europe, and Asia Pacific are estimated to be major regions for protective packaging market during the forecast period. The high growth of supply chain activities to cater various industries and development of packaging solutions is a key to the growth of protective packaging market in this region.
Major industries in these regions are estimated to be aerospace & defence, protection equipment, automotive, and electrical & electronics. Due to increasing trade activities and industrial growth Asia pacific is estimated to be one of the fastest-growing markets during the forecast period. Middle East region promises a strong market potential during the forecast period. The diversification of economic activities leading to industrial growth is a key to the demand for protective packaging market in this region. South America and Africa are emerging regions in terms of market demand during the forecast period.
Market Segmentation:
By Material:
Foam Plastics
Paper & Paperboard
others
By Type:
Flexible
Rigid
Foam
By Function:
Cushioning
Blocking & Bracing
Void Fill
Insulation
Wrapping
By Application:
Food & beverage
Health care
Industrial Goods
Automotive
Household Appliances
Consumer Electronics
Others
By Region:
North America
North America, by Country
US
Canada
Mexico
North America, by Material
North America, by Type
North America, by Function
North America, by Application
Western Europe
Western Europe, by Country
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Western Europe
Western Europe, by Material
Western Europe, by Type
Western Europe, by Function
Western Europe, by Application
Asia Pacific
Asia Pacific, by Country
China
India
Japan
South Korea
Australia
Indonesia
Rest of Asia Pacific
Asia Pacific, by Material
Asia Pacific, by Type
Asia Pacific, by Function
Asia Pacific, by Application
Eastern Europe
Eastern Europe, by Country
Russia
Turkey
Rest of Eastern Europe
Eastern Europe, by Material
Eastern Europe, by Type
Eastern Europe, by Function
Eastern Europe, by Application
Middle East
Middle East, by Country
UAE
Saudi Arabia
Qatar
Iran
Rest of Middle East
Middle East, by Material
Middle East, by Type
Middle East, by Function
Middle East, by Application
Rest of the World
Rest of the World, by Country
South America
Africa
Rest of the World, by Material
Rest of the World, by Type
Rest of the World, by Function
Rest of the World, by Application
Reasons to Buy This Report:
Provides niche insights for decision about every possible segment helping in strategic decision making process.
Market size estimation of the protective packaging market on a regional and global basis.
A unique research design for market size estimation and forecast.
Identification of major companies operating in the market with related developments
Exhaustive scope to cover all the possible segments helping every stakeholder in the protective packaging market.
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
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