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Global Dunnage Packaging Market Growth Prospects, Future Industry Landscape 2032 | DS Smith, ORBIS Corporation (Menasha Corporation), Schoeler Allibert AB, Myers Industries, Nefab Group
Dunnage Packaging Global Market Report
The Business Research Company's Dunnage Packaging Global Market Report 2023 identifies 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.
The global dunnage packaging market size will grow 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 market size of the global madunnage packagingis expected to grow to $4.59 billion in 2027 at a CAGR of 6.8%.
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Major players in the dunnage packaging market are DS Smith, ORBIS Corporation (Menasha Corporation), Schoeler Allibert AB, Myers Industries, Nefab Group, UFP Technologies, Reusable Transport, Amatech Inc., MJSolpac Ltd., Rehrig Pacific Company, Ckdpack, GWP Group, Interior Packaging Design LLC., Packaging Corporation of America, Dunnage Engineering, Salco Engineering and Manufacturing Co. Inc., KEENER Corporation, Package Design & Mfg, JIDA Industrial Solutions, Artisanz Fabrication and Machine LLC., Dordan Manufacturing Company, PolyFlex Products Inc., Thermoflex LLC, Brown Machine LLC, Sohner Plastics LLC, Sonoco Products Company, Great River Plastics LLC, and Electro-General Plastics Cor and Rohrer Corporation.
A key trend in the Dunnage Packaging market includes the New product innovation is the key trend gaining popularity in the dunnage packaging market. Organizations providing dunnage packaging are increasingly focusing on developing new packaging solutions that could give better solutions and services to various industries operating in the logistics business.
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The Dunnage Packaging market is segmented -
1) By Product: Dunnage Air Bags, Inserts, Dividers, Packaging Peanuts, Other Product Types
2) By Material: Corrugated Plastic, Molded Plastic, Foam, Steel, Aluminum, Wood, Fabric Dunnage, Corrugated Paper, Other Materials
3) 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.
The Business Research Company's "Global Dunnage Packaging Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
……
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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