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Padded Dividers Market

Market Insights on Padded Dividers covering sales outlook, demand forecast & up-to-date key trends

Padded Dividers Market By Product Type (PP Padded Divider, HDPE Padded Divider, PET Padded Divider), Application (Glass Industry, Military Industry, Pharmaceutical Industry) & Region - Forecast 2022-2032

Padded Dividers Market Overview

The global padded dividers market size is anticipated to be valued at US$ 3.5 Billion in 2022 and US$ 8.1 Billion in 2032. It is expected to showcase growth at a CAGR of 11.3% during the forecast period from 2022 to 2032. The rapid expansion of the e-commerce sector and the rising demand for expensive products, such as cameras are likely to propel the sales of padded dividers in the assessment period.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 2.1 Billion

Expected Market Value (2022)

US$ 3.5 Billion

Anticipated Forecast Value (2032)

US$ 8.1 Billion

Projected Growth Rate (2022-2032)

11.3% CAGR

Padded dividers are commonly used in bags and boxes to protect the packed product from damage. These are considered to be a significant part of the protective packaging industry.

These dividers are set to be extensively utilized in cartons and corrugated boxes for dividing them into multiple sections. This division facility within the box allows for stacking of various products, such as cans, bottles, and similar others. These also offer the even dispersal of weight for ensuring that the packed product is safe from external and internal damages during transportation.

Besides, padded dividers enable customers to opt for customized products with their ability to provide versatile interior storage. These are best suited for protecting equipment or components by compartmentalized protective organization.

The ongoing expansion of the cosmetics and personal care industry in both developed and developing countries of the globe is another major factor that is likely to positively affect the padded dividers market growth.

Which are Some Prominent Drivers Spearheading Padded Dividers Market Growth?

The surging need for DSLR cameras is projected to bolster the demand for padded dividers across the globe. These help in protecting the delicate parts of cameras by providing better cushioning, thereby ensuring smooth and easy transportation.

These are also installed in sturdy cases that are required for military purposes. Cases with extendable drawers are often equipped with padded dividers. The rising usage of these products for the transportation and storage of fragile military material and explosives is anticipated to augur well for the market.

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What are the Challenges Faced by the Padded Dividers Industry?

Custom packaging or any solution that is not standardized is very expensive. This is expected to be a challenge for small businesses and start-up companies that may not be able to keep up with the high price of customized padded dividers.

Though stock packaging is readily available in the market, custom dividers are created on special orders. It can add more lead time depending on the scope of the package. These may not be suitable for the first-to-market environment in which most of the firms operate, which is likely to hamper the padded dividers market size.

Why is Asia Pacific emerging as an Opportunistic Padded Dividers Market?

The presence of multiple renowned electronics manufacturers in China is estimated to push the Asia Pacific padded dividers market share in the evaluation period. The high disposable income and the increasing usage of social media platforms are set to augment the demand for DSLR cameras in developing countries of Asia Pacific, which would require robust packaging solutions.

As per the India Brand Equity Foundation (IBEF), the consumer electronics and appliances sector in the country is likely to surpass US$ 21.18 billion by 2025. The consumer durables output surged by 98.2% in May 2021, as compared to a decline of 70.3% in May 2020. This trend is expected to continue throughout the forthcoming years, thereby bolstering the Asia Pacific market.

Ismail Sutaria
Principal Consultant
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How is North America Contributing to Growth of the Padded Dividers Market?

The ongoing expansion of the pharmaceutical industry in the U.S. is estimated to bode well for the North America padded dividers market growth in the near future. The surging usage of these liners for the transportation of pharmaceutical vials, test tubes, and glass bottles is expected to drive the market.

Padded liners help in reducing the risk of breakage of pharmaceutical glass items during transportation. In case of even a minute scratch on the glass surface, the product is likely to be discarded or rejected. Thus, to increase safety and prevent damage, several manufacturers are projected to use padded liners to pack these delicate products in North America.

Market Competition

Some of the prominent companies operating in the padded dividers market include Topper Cases, Pelican Products, B&W International, Nanuk, GWP Group, SKB Cases, and Seahorse Protective Cases among others.

Majority of the leading players are aiming to come up with environmentally friendly packaging solutions to cater to the high unmet needs of consumers. Meanwhile, some of the other international companies are engaging in partnerships, mergers, joint ventures, and acquisitions with start-up and domestic firms to expand their product portfolios and generate more sales worldwide.

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Scope of Report

Report Attribute

Details

Growth Rate

CAGR of 11.3% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Product Type
  • Application
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Easter Europe
  • APEJ
  • Japan
  • Middle East & Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Topper Cases
  • Pelican Products
  • B&W International
  • Nanuk
  • GWP Group
  • SKB Cases
  • Seahorse Protective Cases

Customization

Available Upon Request

Key Segments Profiled in the Padded Dividers Industry Survey

By Product Type:

  • PP Padded Divider
  • HDPE Padded Divider
  • PET Padded Divider
  • Others

By Application:

  • Glass Industry
  • Military Industry
  • Pharmaceutical Industry
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Easter Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

The global padded dividers market is projected to reach US$ 8.1 Billion till 2032.

Asia Pacific is set to remain at the forefront in the padded dividers market in terms of share over the forecast period.

Topper Cases, Pelican Products, B&W International, Nanuk, GWP Group, SKB Cases, and Seahorse Protective Cases are some of the leading padded dividers manufacturers

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Ismail Sutaria
Principal Consultant
LinkedIn
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Padded Dividers Market