Protective Packaging Market
Protective Packaging Market: Paper-based and Inflatable Packaging Stealing the Limelight: Global Industry Analysis, 2014 - 2018 and Opportunity Assessment, 2019 - 2029
- 2019-10-12
- REP-GB-626
- 31 Tables
- 76 Figures
- 191 pages
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An Incisive, In-depth Analysis on the Protective Packaging Market
This study offers a comprehensive, 360 degree analysis on the Protective Packaging market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Protective Packaging market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
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- The global protective packaging market size was ~US$ 26 Bn in 2018.
- The protective packaging market is expected to grow at a CAGR of ~5% during the forecast period of 2019-2029.
- Rapidl growth of e-commerce in retail sector and increasing innovations in manufacturing industry are driving need for a cost-effective barrier which is resistant to vibration and shock during transportation of products.
- In terms of market share, North America and Asia Pacific Excluding Japan (APEJ) are anticipated to account for ~60% share of the protective packaging market by the end of 2029.
- Strong presence of key manufacturers and suppliers of protective packaging in these regions is significantly contributing to the market growth.
- APEJ and Middle East & Africa are envisaged to hold high growth potential for the protective packaging market.
- Increasing trade activities in these regions have created growth opportunities for protective packaging manufacturers.
Key Factors Influencing the Protective Packaging Market Growth
- Increased Consumption of Protective Packaging by E-commerce Industry
Rising internet penetration across the globe has propelled the retail environment in developing countries such as China, India, and Malaysia, with a notable increase in number of retail formats such as hypermarkets, supermarkets, convenience stores, and retail e-commerce. In the view of increasing disposable income and spending lesser time on shopping, e-retailing is gaining a huge traction among individuals. E-commerce had removed the barriers between retailing globally. Furthermore, rising smartphone penetration and ease in the availability of internet is considerably driving the growth of e-commerce. Therefore, continuous growth of the e-commerce industry along with increase in online shopping is expected to drive the growth of the protective packaging market. Continuous shift in the purchasing pattern of the consumers is forcing the manufacturers and retailers to produce innovative protective packaging products for the convenience of an individual.
- Expansion and Product Launch - Key Strategies Adopted by Manufacturers
Key protective packaging manufacturers are constantly focusing on intensifying their business footsteps to generate maximum revenue. These manufacturers are targeting developing countries such as China and India to capture considerable market share. Increasing need for a packaging with simplified designs, lightweight, and easily recyclable packaging aspects will continue to work to the advantage of protective packaging market players. For Instance,
- In June 2019, Pregis LLC invested in a new 50,000 square foot innovation headquarters designed to help solve protective packaging challenges.
- In April 2019, Sealed Air Corp. launched its new Jiffylite auto sealer to increase throughput when sealing bubble mailers.
- In January 2018, VPK Packaging Group invested in a new paper machine for lightweight recycled containerboard to strengthen its sustainable resource management.
- Frequently Changing Packaging Design and Configuration Representing Threat
Retailers and manufacturers are often dealing with an extensive range of product which can differ in weights, shapes, sizes, and fragility levels, which affects the protective packaging service providers in terms of delivery. In addition, excessive amount of time and money are required to classify a single protective packaging product for every type of end use. It has been observed that one size that can fit all the applications is not possible in the protective packaging industry. This result in the need to review, test, and evaluate different protective packaging formats which are best suitable for the end use application. Therefore, continuous change in the configuration of package is considered to negatively affect the growth of the protective packaging market.
Protective Packaging Market Structure Analysis
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Sealed Air Corp., Crown Holdings Inc., Sonoco Products Company are the leading players in the protective packaging market.
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In 2019, product launch and expansion strategies were adopted by leading manufacturers for expanding their business and product portfolio.
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Developments of new product and its launch are few of the imperative trends followed by the key protective packaging manufacturers.
In the protective packaging market, tier 1 companies hold a revenue share of ~ 5%-10%. Some of the prominent players in the market are DS Smith Plc, Packaging Corporation of America, Smurfit Kappa Group PLC, Cordstrap B.V., Crown Holding Inc., VpK Packaging Group, Pratt Industries, Inc., and Packaging Corporation of America. In this report, we have discussed distinct strategies followed by these manufacturers in terms of improving their product portfolio, creating new marketing practices, mergers and acquisitions.
Protective Packaging Market Analysis 2019-2029
A recent market study published by FMI on the protective packaging market includes global industry analysis 2014-2018 & opportunity assessment 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on historic as well as current growth parameters, the growth prospect of the protective packaging market are obtained with maximum precision.
Protective Packaging Market: Taxonomy
The global protective packaging market is segmented in detail to cover every aspects of the market and present a complete market intelligence approach to readers.
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By Material |
By Product |
By Function |
By Region |
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Report Chapters
Chapter 01 – Executive Summary
The report initiates with an executive summary of the protective packaging market, which includes key findings and statistical analysis of the market. It also includes the demand & supply-side trends pertaining to the protective packaging market.
Chapter 02 – Market Overview
Readers can find the definition and detailed taxonomy of the protective packaging market in this chapter, which will help them understand the basic information about the market. Along with this, comprehensive information of protective packaging and their properties are provided in this section. It also highlights the inclusions and exclusions to help readers understand the scope of the protective packaging market report.
Chapter 03 –Market Background
This chapter explains the key macro-economic factors that are expected to influence the growth of the protective packaging market over the forecast period. Along with this, the section also highlights the opportunity analysis for the protective packaging market. This chapter also provides the key market dynamics, which includes drivers and restraints. Moreover, readers will understand key trends followed by leading manufacturers in the protective packaging market.
Chapter 04 – Protective Packaging Market Analysis
This section explains the global market value analysis and forecast for the protective packaging market during the forecast period of 2019-2029. This chapter also includes a detailed analysis of the historical protective packaging market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029). Along with this, pricing analysis of the protective packaging market at the regional level has also been provided in this section. It also explains the global market volume analysis and forecast for the protective packaging market between the forecast period of 2019-2029.
Chapter 05 – Global Protective Packaging Market Analysis 2014-2018 & Opportunity Assessment 2019-2029 by Material
Based on material, the protective packaging market has been segmented into foamed plastic, paper, and plastic. In this chapter, readers can find information about the key trends and developments in the protective packaging market and market attractiveness analysis, based on material.
Chapter 06 – Global Protective Packaging Market Analysis 2014-2018 & Opportunity Assessment 2019-2029 by Product
This chapter provides details about the protective packaging market based on the foam protective packaging, flexible protective packaging and rigid protective packaging segments. In this chapter, readers can understand the market attractive analysis of protective packaging based on product.
Chapter 07 – Global Protective Packaging Market Analysis 2014-2018 & Opportunity Assessment 2019-2029 by Function
Based on function, the protective packaging market is segmented into wrapping, void fill, insulation, cushioning and blocking & bracing. In this chapter, readers can find information about the key trends and developments in the protective packaging market and market attractiveness analysis, based on function.
Chapter 8 – Global Protective Packaging Market Analysis 2014-2018 & Opportunity Assessment 2019-2029 by Region
This chapter explains how the protective packaging market will grow across various geographic regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, and Middle East and Africa (MEA).
Chapter 9 – North America Protective Packaging Market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter includes detailed analysis of the growth of the North America protective packaging market, along with country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, regional trends, and market growth based on application and countries in North America.
Chapter 10 – Latin America Protective Packaging Market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter provides the growth scenario of the protective packaging market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, assessment of the market across target segments has also been provided.
Chapter 11 – Western Europe Protective Packaging Market Analysis 2014-2018 & Opportunity Assessment 2019-2029
Important growth prospects of the protective packaging market based on its end users in several countries such as Germany, France, UK, Spain, Italy, Nordic, BENLUX, and the Rest of Western Europe (WE) are included in this chapter.
Chapter 12 – Eastern Europe Protective Packaging Market Analysis 2014-2018 & Opportunity Assessment 2019-2029
Poland, Russia, and Rest of Eastern Europe (EE) are among the leading countries in the Eastern Europe that are the prime subjects of assessment to obtain the growth prospects of the Eastern Europe protective packaging market in this chapter. Readers can find detailed information about the growth parameters of the Eastern Europe protective packaging market during the period 2019-2029.
Chapter 13 – Asia Pacific Excluding Japan Protective Packaging Market Analysis 2014 - 2018 & Opportunity Assessment 2019–2029
This chapter highlights the growth of the protective packaging market in Asia Pacific Excluding Japan (APEJ) by focusing on China, India, ASEAN, Australia, and New Zealand and rest of Asia Pacific Excluding Japan. This section also helps readers to understand the key factors that are responsible for the growth of the protective packaging market in Asia Pacific excluding Japan.
Chapter 14 – Japan Protective Packaging Market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter provides information about how the protective packaging market will grow in the Japan region during the forecast period of 2019-2029.
Chapter 15 – MEA Protective Packaging Market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter provides information about how the protective packaging market will grow in major countries in the MEA region such as GCC countries, South Africa, North Africa, and the rest of MEA during the forecast period of 2019-2029.
Chapter 16 – Market Structure Analysis
In this chapter, readers can find detailed information about the tier analysis and market concentration of the key players in the protective packaging market, along with their market presence analysis by region and product portfolio.
Chapter 17 – Competition Analysis
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the protective packaging market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Sealed Air Corp., Crown Holdings Inc., Sonoco Products Company, Winpak Ltd., Smurfit Kappa Group, DS Smith Packaging Limited, Cascades Inc., Packaging Corporation of America, Kureha Corporation, Coveris Holdings S.A., VPK Packaging Group, Primapack SAE, Napco National Paper Products Company Ltd., Cordstrap B.V., Litco International, Inc., Eltete TPM Ltd., Pacfort Packaging Industries, Schur Flexibles Group, Pratt Industries Inc. and Pregis Corporation.
Chapter 18 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the protective packaging market report.
Chapter 19 – Research Methodology
This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the protective packaging market.
Sources and Primary Research Splits (%)
Industry Interactions
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C-Level Executives
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Marketing Directors
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Product Managers
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Business Development Officers
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Production Managers
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Procurement Heads
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Sales Executives
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Distributors
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Traders
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Raw Material Suppliers
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Industry Experts
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End Users
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Current market dynamics and challenges
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Yesteryear trends
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Market characteristics
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Market performance and growth quadrants
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Competition structure and market structure
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Strategic growth initiatives
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Near-term and long-term market growth prospects
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Market segment splits and authenticity
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Opinions on market projections and validity of assumptions
References Catalogue
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Industry Publications
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Packaging Europe
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Packaging Strategies
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Packaging News
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Packaging World
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Industry Associations
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Flexible Packaging Association
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American Forest & Paper Association
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American Plastics Council (APC)
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World Packaging Organization
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Factiva
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Company Press Releases
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Annual Reports and Investor Presentations
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Research Papers
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Government Websites and Publications
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Trade Websites
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Harish Tiwari
Global Head - Business Development
Akshay Godge
Client Partner - Global Business Development
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