Protective Packaging Market 2022-2028

Description

List of Tables

Title:Global Protective Packaging Market Size, Share & Trends Analysis Report, By Material (Foam Plastics and Paper & Paperboard), By Type (Flexible, Rigid, and Foam), By Application (Food and Beverage, Consumer Electronics, Beauty and Homecare, Pharmaceuticals, and Others), Forecast Period (2022-2028).

The global protective packaging market is anticipated to grow at a CAGR of 5.7% during the forecast period. The rising international trade and consumers' preference for imported goods is supporting the demand for protective packaging solutions. Factors such as increasing cross-border trade with the rising demand for new and imported products among the consumers is creating demand for protective packaging. According to the Observatory of Economic Complexity (OEC), the US product export for 2020 was around $1.34 trillion and was the world's biggest exporter of, Medical Instruments ($27.7 billion), Gas Turbines ($27.3 billion), and Aircraft Parts ($12.5 billion), Refined Petroleum ($58.4 billion), Petroleum Gas ($34.7 billion).

The global protective packaging market is segmented based on the material, type, and application. Based on the material, the market is segmented into foam plastics and paper & paperboard. Based on type, the market is segmented into flexible, rigid, and foam. Based on application, the market is sub-segmented into food & beverage, consumer electronics, beauty and homecare, and pharmaceuticals. Based on the material, the foam plastics segment is anticipated to dominate the market owing to its lightweight, shock-absorbing, and other qualities. The above-mentioned segments can be customized as per the requirements.

The global protective packaging market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). Asia-Pacific is anticipated to dominate the protective packaging market across the globe owing to the growth in the consumer electronics and e-commerce industry in the region.

The major companies serving the global protective packaging market include Smurfit Kappa Group, Sealed Air Corp, Sonoco Products Co., Huhtamaki Oyj, and DS Smith plc. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in May 2022, Smurfit Kappa Group developed an innovative and sustainable water-resistant paper AquaStop. It offers sustainable alternatives to single-use plastics as it is designed to withstand exposure to water without being damaged.

Research Methodology

The market study of the global protective packaging market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Protective Packaging Market Research and Analysis by Material
Global Protective Packaging Market Research and Analysis by Type
Global Protective Packaging Market Research and Analysis by Application

The Report Covers:

Comprehensive research methodology of the global protective packaging market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global protective packaging market.
Insights about market determinants that are stimulating the global protective packaging market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026811

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Recovery Scenario of the Global Protective Packaging Market Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Smurfit Kappa Group plc
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. Sealed Air Corp
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. Sonoco Products Co.
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. Huhtamaki Oyj
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
- 3.1.5. DS Smith plc
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
3.2. Key Strategy Analysis

4. Market Segmentation

4.1. Global Protective Packaging Market Market by Material
- 4.1.1. Foam Plastics
- 4.1.2. Paper & Paperboard
4.2. Global Protective Packaging Market by Type
- 4.2.1. Flexible
- 4.2.2. Rigid
- 4.2.3. Foam
4.3. Global Protective Packaging Market Market by Application
- 4.3.1. Food & Beverage
- 4.3.2. Consumer Electronics
- 4.3.3. Beauty and Home Care
- 4.3.4. Pharmaceutical
- 4.3.5. Others

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Advanced Protective Packaging Ltd.
6.2. Crown Holdings Inc.
6.3. Intertape Polymer Group Inc.
6.4. Macfarlane Group plc
6.5. Packaging Corporation of America
6.6. Pregis Corp.
6.7. Pro-Pac Packaging Ltd.
6.8. Protective Packaging Systems Ltd.
6.9. Ranpak Holdings Corp.
6.10. Riverside Paper Co.
6.11. Signode India
6.12. Specialized Packaging Group L.P.
6.13. Storopack Hans Reichenecker Gmbh
6.14. Universal Protective Packaging, Inc. (UPPI)
6.15. WestRock Co.