Automotive Parts Packaging Market to 2028 - Sealed Air Corporation, DS Smith plc, Pacific Packaging Products Inc, Smurfit Kappa Group, JIT Packaging
The Automotive Parts Packaging market was valued at US$ 2,182.6 Mn in 2018 and is projected to reach US$ 3,124.9 Mn by 2027; it is expected to grow at a CAGR of 4.1% from 2017 to 2027.
A wholly integrated vehicle comprises of a large number of small, medium size and large components that are assembled together at the automobile OEM level. When these parts are assembled at the automotive OEM assembly line, the vehicle manufacturers need to remain ensured that parts are received without any defects. The assembled parts are often transported over a long distance, and have to travel through different means of transport. Packaging solutions ensure that these components reach to the end-user in a complete pristine condition. A plethora of components together constitute the automotive parts including engines, vehicle interiors, decorative items, grillers, spoilers, and engine components etc. Automotive parts packaging solutions maximize the use of packaging space, reduce packaging wastes and thereby creating lesser stress on the environment.
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The reports cover key developments in the Automotive Parts Packaging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Automotive Parts Packaging market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive Parts Packaging market in the global market.
Key Players Influencing the Market
• Sealed Air Corporation
• DS Smith plc
• Pacific Packaging Products Inc.
• Smurfit Kappa Group
• JIT Packaging
• Pratt Industries Inc.
• KNAUF Industries
• Sonoco Products Company
• Loscam Australia Pty Ltd.
• Signode India Ltd
The global Automotive Parts Packaging market is segmented on the basis of deployment, application. On the basis of deployment, the market is segmented as cloud-based, on-premise. On the basis of application, the market is segmented as new cars market, used cars market.
Besides this, the report analyzes factors affecting Automotive Parts Packaging market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Automotive Parts Packaging Market report.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Automotive Parts Packaging market based on the type and application. It also provides market size and forecast till 2027 for overall Automotive Parts Packaging market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Automotive Parts Packaging Market.
• Key market trends cracking up the growth of the Automotive Parts Packaging Market.
• Challenges to market growth.
• Key vendors of Automotive Parts Packaging Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Automotive Parts Packaging Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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