Protective Packaging Market

The Protective Packaging Market is valued at USD 29.27 Billion in 2021 and is expected to reach USD 41.73 Billion by 2028 with a CAGR of 5.2% over the forecast period.

Global Protective Packaging Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing growth of eCommerce industry and rising number of product offerings are some of major factors expected to accelerate the growth of the Global Protective Packaging Market.

Scope of Global Protective Packaging Market Report-

protective packaging supplies are materials manufactured to protect and cushion a product from potential harm or damage during shipping or warehousing. The main objective of primary packaging is to protect and preserve the finished product against contamination. Secondary packaging is used outside of primary packaging to group a specific number of products to create a stock-keeping unit, commonly referred to as an SKU. Tertiary packaging makes it easier to transport large and heavy weights safely and securely. Likewise, protective packaging offers protection in the form of blocking and bracing, flexible cushioning, protective containment, void fill, wrapping, and surface protection. Various types of packaging methods are anti-corrosive packaging, pharma packaging, plastics packaging, and flexible packaging. Protective packaging offers the protection and preservation of the quality and reliability of the products contained within their materials. As, product protection must be the primary objective for packaging sustainability and protecting against damage.

The Covid-19 outbreak has also impacted the protective packaging market due to a decrease in demand for protective packaging from the end-user industry such as; food & beverage, consumer electronics, industrial goods, automotive, household appliances, and pharmaceuticals.

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2022 - 2028
Market Size in 2021:	USD 29.27 Billion
Base year considered	2021
Forecast Period CAGR %:	5.2%
Market Size Expected in 2028:	USD 41.73 Billion
Tables, Charts & Figures:	175
Pages	196
Protective Packaging Companies	Pro-Pac Packaging Limited, DS Smith Plc, Huhtamaki OYJ, Rocktenn Company, The Dow Chemical Company, Pregis Corporation, Sonoco Products Company, BASF SE, Cascades Corporation, and Sealed Air Corporation and others.
Segments Covered	By Material Type, By Product Type, By Function, By End-User Industry
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

 

Global Protective Packaging Market Segmentation-

The protective packaging market is segmented on the basis of material type, product type, function, end-user industry and region & country level. On the basis of material type, the protective packaging market is segmented into foam plastic, & paperboard, plastics and others (wood and glass). On the basis of product of type, the is classified into flexible, fam and rigid. Flexible is further sub-divided into protective mailers, bubble packaging, air pillows, paper fill and dunnage bags. Foam is further sub-divided into insulated shipping containers, molded foam, foam-in-place polyurethane, polyolefin rolled foam and loose fill. Rigid is sub- divided into paperboard protectors and molded pulp. On the basis of function, the market is classified into wrapping, void-fill, insulation, cushioning and blocking and bracing. On the basis of end-user, the market is classified into food & beverage, consumer electronics, industrial goods, automotive, household appliances and pharmaceuticals.

Key Players for Global Protective Packaging Market Report–

Some of the key players for Protective Packaging Market are Pro-Pac Packaging Limited, DS Smith Plc, Huhtamaki OYJ, Rocktenn Company, The Dow Chemical Company, Pregis Corporation, Sonoco Products Company, BASF SE, Cascades Corporation, and Sealed Air Corporation and others.

News:

Pregis Launched Carbon-Neutral Film for Protective Packaging

On February 25^th, 2022; Pregis, based in the Netherlands, is bringing its sustainability focus to protective packaging with a new carbon-neutral air-cushioning film called Renew Zero. The polyethylene film is currently only available in Europe. Renew Zero is made from 50% post-consumer recycled content. The other 50% is renewable plant waste, such as cellulose fiber, that has been certified by International Sustainability & Carbon Certification (ISCC). The film is also recyclable. Renew Zero is made from 50% post-consumer recycled content. The other 50% is renewable plant waste, such as cellulose fiber, that has been certified by International Sustainability & Carbon Certification (ISCC). The film is also recyclable. According to Pregis, Renew Zero is carbon neutral without dependence on carbon-offset methods like planting trees.

Macfarlane Launched New Protective Packaging Products at Packaging Innovations

On May 26^th 2019; Macfarlane Packaging, the UK’s largest distributor of protective packaging materials, launched innovative new packing products designed for the retail and industrial markets.

Global Protective Packaging Market Dynamics–

Increasing growth of ecommerce industry is one of the major factors driving the demand for global protective packaging market. For example; According to companies, retail sales revenue from physical stores are almost equal to their digital sales (Shopify). As a result, brands are investing in omnichannel tools that will help them sell anywhere. And, the protective packaging supplies are used to protect and buffer a product from potential harm or destruction during shipping or warehousing. Use of paperboard for many purposes play an important role in protective packaging. Companies prefer the use of paperboard boxes to ship products in bulk to ensure they reach their customers in one piece. Furthermore, paperboard packaging is to protect goods that need to be stored and transported. Mostly in shops they sold the product in paperboard box because of easily degradable quality.

Rising trend of protective packaging coupled with the benefits of using protective packaging are also supplementing the market growth. Manufacturers widely used protective packaging as it provides users with convenient storage and functional packaging that is attractive and easy to carry. Additionally, this type of packaging is exceptionally safe for the environment and is more widely used and accepted than plastic containers. However, rising cost of raw material may hamper the market growth. In spite of hat, increasing number of product offerings with more innovative features may create more growth opportunities for the market.

Global Protective Packaging Market Regional Analysis–

Geographically, North America is expected to dominate the global protective packaging market owing to the growth of ecommerce industry, rising number of product offerings and presence of kay players in this region. Increasing use of air pillows in protective packaging is also supplementing the market growth.

Asia Pacific is expected to show a fastest growth in the global protective packaging market. China is the largest dominating country in the packaging owing to the rising growth of food and beverages industry. Product protection is to maintain food safe during transportation, handling, and distribution. Additionally, food and beverages are very delicate while handling thus, the packaging industry is always looking for innovative packaging solutions to preserve the condition of products as they're transported from facility to consumer. Proper packaging can increase a product's freshness and maintain its appearance, taste, shelf life, and quality. 

Global Protective Packaging Market Segmentation:

By Material Type

• Foam Plastics
• Paper & Paperboard
• Plastics
• Others (Wood and Glass)

By Product Type

• Flexible
• Foam
• Rigid

By Function

• Wrapping
• Void-Fill
• Insulation
• Cushioning
• Blocking and Bracing

By End-User Industry

• Food & Beverage
• Consumer Electronics
• Industrial Goods
• Automotive
• Household Appliances
• Pharmaceutical

Global Protective Packaging Market Key Players:

• Pro-Pac Packaging Limited
• DS Smith Plc
• Huhtamaki OYJ
• Rocktenn Company
• The Dow Chemical Company
• Pregis Corporation
• Sonoco Products Company
• BASF SE
• Cascades Corporation
• Sealed Air Corporation

On Special Protective Packaging market report is also available for the below Regions and Countries:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

The Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Key Benefits of Global Protective Packaging Market Report–

• Protective Packaging Market report covers in-depth historical and forecasts analysis.
• Protective Packaging Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
• Protective Packaging Market report helps to identify opportunities in the marketplace.
• Protective Packaging Market report covers extensive analysis of emerging trends and competitive landscape.