Protective Packaging Market Synopsis

Protective packaging refers to the use of protective materials in the packaging of various good to minimize the risk of damage before it reaches the consumer. Bubblewrap, boxes, packing peanuts, and packaging foam are some forms of protective packaging. Market Research Future has found that the market valued USD 20.47 Bn in 2017 and is expected to grow at a CAGR of 4.07% over the assessment period from 2017 to 2023. This steady rate of growth is expected to yeild a market value of USD 35.91 Bn by the end of the forecast period.

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Protective packaging is in high demand from the e-commerce sector. E-commerce has grown exponentially over the recent years and is anticipated to continue growing over the assessment period. The rate of online sales has been observed to be growing at a rate of 20% annually. Such a surge in e-commerce has increased the demand for protective packaging as shipping and handling is often rough and damaging to plainly packaged items. Due to growth and innovation in various industries, more items are available on e-commerce platforms than ever before. Demand for protective packaging from food & beverage and pharmaceutical sectors is expected to drive the protective packaging market. In these sectors, protective packaging is vital in ensuring a long shelf life and maintaining the quality of the product.

Key Players

Packaging Corporation of America
Sealed Air Corporation
Protective Packaging Solutions
Smurfit Kappa Group
Pregis Corporation
ACH Foam Technologies LLC
Automated Packaging Systems Incorporated
Macfarlane Group
Universal Protective Packaging
Unisource Worldwide
Cellofoam North America Incorporated, and Ecovative Design LLC
Protective Packaging Market - Competitive Analysis
Protective Packaging Market has seen significant growth in last few years due to its application across industries, cost efficient solution and sustainable packaging solutions. Sealed Air Corporation and Veritiv Corporation has been able to spread its operations across regions of North America, Europe, APAC and others, which has enabled them to acquire such a major share in the global bubble wrap packaging market. These companies under its protective packaging solutions offer extensive product line including bubble wrap packaging and generated revenue of USD 1,523.7 million and USD 2854.2 million respectively from the segment (Protective Packaging).

Market Segmentation

Segmentation of the global protective packaging market has been determined on the basis of material, application, product type, function, and region. Materials used in protective packaging have been segmented into paper & paperboard, plastic, and others. Plastic is the most widely used protective packaging material and is used across a number of end-use industries. Plastic offers an efficient barrier which is cost efficient, temperature resistant, and durable.

Product type has been segmented into rigid protective, flexible protective, and foam protective.

Function of protective packaging has segmented the market into insulation, wrapping, flexible cushioning, void-fill, and others.

Applications of protective packaging can be found in industrial goods, consumer goods, food & beverages, and others.

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Table Of Content

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Bargaining Power Of Suppliers

3.1.4 Threat Of Substitutes

3.1.5 Segment Rivalry

3.2 Value Chain/Supply Chain Analysis

Continues……

List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

Continues……

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