Global Dunnage Packaging Market 2023 - By End-User Analysis, Competitive Landscape, Industry Overview And Outlook By 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Dunnage Packaging Market Size, Growth Rate, And Forecast

The global dunnage packaging market size grew from $3.28 billion in 2022 to $3.53 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The dunnage packaging market size is expected to grow to $4.59 billion in 2027 at a CAGR of 6.8%.

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Dunnage Packaging Market Drivers

The rise in the logistics sector is significantly contributing to the growth of dunnage packaging. Logistics is the transportation of goods from one place to another in a protected manner. Dunnage packaging is commonly used in logistics due to its various advantages, such as shock-absorbing properties, cushioning and padding of commodities packed, moisture protection, easy handling of heavy items, air circulation, and others that protect sensitive items from filling void spaces and making goods intact in transit.

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Dunnage Packaging Market Segments

• By Product: Dunnage Air Bags, Inserts, Dividers, Packaging Peanuts, Other Product Types
• By Material: Corrugated Plastic, Molded Plastic, Foam, Steel, Aluminum, Wood, Fabric Dunnage, Corrugated Paper, Other Materials
• By End-User Industry: Automotive, Aerospace, Electronics, Food and Beverages, Consumer Durables, Healthcare, Other End-Use Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Dunnage Packaging market.

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Dunnage Packaging Market Key Players

Major competitors in the Dunnage Packaging market include DS Smith, ORBIS Corporation (Menasha Corporation), Schoeler Allibert AB, Myers Industries, Nefab Group, UFP Technologies, Reusable Transport.

The Business Research Company's "Global Dunnage Packaging Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Dunnage Packaging Market Include:

1. Executive Summary
2. Dunnage Packaging Market Characteristics
3. Dunnage Packaging Market Trends And Strategies
4. Dunnage Packaging - Macro Economic Scenario
5. Dunnage Packaging Market Size And Growth
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26. Africa Dunnage Packaging Market
27. Dunnage Packaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dunnage Packaging Market
29. Dunnage Packaging Market Future Outlook and Potential Analysis
30. Appendix

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