The packaging denotes to all those activities associated with producing, designing, and evaluating the container for a product. Protective packaging products are designed and made to protect the goods from electrostatic, vibration, atmospheric, magnetic, or shock damage. Protective packaging intended to protect the product from one or more types of damage. Products of protective packaging are of various types such as boxes, storage containers, packing materials, liners, and spacers. Protective packaging is used in multiple applications such as food, pharmaceutical, electronics, and various other end use industries
MARKET DYNAMICS
Growing demand for conveniently packaged products across the globe is driving the need for the protective packaging market. Furthermore, increasing online sales worldwide is also projected to influence significantly the protective packaging market in the upcoming period. Moreover, increasing demand from the food and beverage industry for packaging purpose is anticipated to have a robust impact in the protective packaging market. Rising use of flexible protective packaging in the healthcare industry is expected to generate untapped opportunity for the market participants.
MARKET SCOPE
The "Global Protective Packaging Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of protective packaging market with detailed market segmentation by material, type, function, application and geography. The global protective packaging market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading protective packaging market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global protective packaging market is segmented on the basis of material, type, function and application. Based on material, the market is segmented into foam plastics, paper & paperboard, plastics and others. On the basis of the type the market is segmented into rigid protective packaging, flexible protective packaging and foam protective packaging. On the basis of the function the market is segmented into cushioning, blocking & bracing, void fill, insulation and wrapping. On the basis of the application the market is segmented into food & beverage, industrial goods, health care, automotive, consumer electronics, household appliances and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global protective packaging market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The protective packaging market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting protective packaging market from both demand and supply side and further evaluates market dynamics effecting 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 namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the protective packaging market in these regions.
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MARKET PLAYERSThe reports cover key developments in the protective 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 protective packaging market are anticipated to lucrative growth opportunities in the future with the rising demand for protective packaging in the global market. Below mentioned is the list of few companies engaged in the protective packaging market.
The report also includes the profiles of key protective packaging companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- DS Smith plc
- Huhtamaki Oyj
- Pregis Holding II CORP
- Pro-Pac Packaging Group Pty Ltd
- Ranpak Inc.
- Sealed Air Corporation
- Sonoco Products Company
- STOROPACK HANS REICHENECKER GMBH
- The Smurfit Kappa Group plc
- WestRock Company