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| A01964 | Pages: 180 | May 2017 | 13200 Views | | |
| Author(s) : Ashmita Roy | Tables: 75 | Charts: 25 |
| |
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Request Now !Global Packaging and Protective Packaging Market Size was valued at $757 billion in 2016, and is expected to reach $1,014 billion by 2023, registering a CAGR of 4.3% from 2017 to 2023. Packaging and protective packaging is intended to protect goods from loss, damage, and theft during transport, distribution, and storage. This process includes containers or wrapping that hold several items together, which provide a stable platform for transport. It is used in across various areas of the supply chain, such as at the assembly line, transportation, warehouses, and order picking to withstand different static and dynamic forces. It also gives protection from climatic conditions, such as solar radiation, temperature, humidity, and precipitation.
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The global packaging and protective packaging market is segmented based on material, function, application, and geography. By material, the market is classified into paper & paperboard, rigid plastics, flexible, metal, glass, and others. By function, it is divided into cushioning, blocking & bracing, void-fill, insulation, wrapping, and others (vibration dampening, moisture protection, UV & weather resistance, and fireproofing). The application segment includes food, beverage, healthcare, cosmetics, industrial, and other consumer goods. The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Global Packaging and Protective Packaging Market Segmentation
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Asia-Pacific is the largest revenue contributor to the global market, owing to the increased manufacturing activities in emerging economies, such as India and China, carried out to meet the rising populations demand. China dominated the packaging and protective packaging market, in terms of revenue, accounting for largest share in Asia-Pacific region in 2016.
Top Investment Pockets
Food industry is the most attractive application in the global packaging and protective packaging market, which is expected to grow at a CAGR of 4.6% during the forecast period. Packaging improves the shelf life of the products, protects the products from damage, and retains freshness, flavor, and efficacy to adhere to the regulatory guidelines and end-user requirements. Increase in consumption of fast-moving consumer goods (FMCG) in the Asia-Pacific region has led to increased consumption of packaging and protective packaging in food applications. The healthcare segment is the second most attractive market, which is expected to grow at a CAGR of 7.2% from 2017 to 2023.
Global Packaging and Protective Packaging Market Top Investment Pockets, By Application
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Segment Review
In 2016, paper & paperboard material accounted for the highest revenue to the global market. It is expected to maintain its dominance during the forecast period, growing at a CAGR of 4.2%. Rapid growth of electronics industry and e-commerce sector, specifically in China and India, is expected increase the demand for paper & paperboard packaging, such as folding, corrugated board or cardboard, protective mailers, and lose fills.
LAMEA Review
Growing economies and burgeoning middle class section in South & Central American countries such as Brazil, Argentina, Costa Rica and others have led to growth of food and consumer goods industry. According to an iCD Research industry study, Brazils large manufacturing base and well-developed agro-export industry are expected to drive the packaging and protective packaging market. The Brazilian agro-products industry, with a global share of 25% of the world food market, is the key factor that accelerates the market growth.
South & Central America Packaging and Protective Packaging Market, 2015-2023 ($Million)
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The key players profiled in the report include Smurfit KAPPA Group PLC, Rocktenn Company, Sealed Air Corporation, Sonoco Products Company, Huhtamaki OYJ, DS Smith PLC, Pregis Corporation, Pro-Pac Packaging Limited, Storopack Hans Reichenecker GmbH, and The DOW Chemical Company.
The other key Packaging and Protective Packaging market players (not profiled in this report) in the value chain include Jiffy Packaging Co. Limited, Barton Jones Packaging LTD, Automated Packaging System, Inc., iVEX Protective Packaging Inc., FP International, Packaging Corporation of America, Universal Protective Packaging, ACH Foam Technologies LLC, Macfarlane Group, and Tarheel Paper & Supply Company.
Key Market Segments
Key Market Players
CHAPTER 1. INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model
CHAPTER 2. EXECUTIVE SUMMARY
2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES
CHAPTER 3. MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top Investment Pockets
3.2.2. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Internet and mobile handset penetration in emerging economies
3.4.1.2. Active participation by third-party logistic companies
3.4.1.3. Improving manufacturing activities
3.4.2. Restraints
3.4.2.1. Stringent government regulations on volatile organic compound (VOC) emissions
3.4.3. Opportunities
3.4.3.1. Increase in R&D activities to produce biodegradable packaging
3.5. MARKET SHARE ANALYSIS, 2016 (%)
CHAPTER 4. GLOBAL PACKAGING AND PROTECTIVE PACKAGING MARKET, BY MATERIAL
4.1. INTRODUCTION
4.1.1. Market Size and Forecast
4.2. PAPER & PAPERBOARD
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast
4.3. RIGID PLASTICS
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast
4.4. FLEXIBLE
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast
4.5. METAL
4.5.1. Key Market Trends, Growth Factors, and Opportunities
4.5.2. Market Size and Forecast
4.6. GLASS
4.6.1. Key Market Trends, Growth Factors, and Opportunities
4.6.2. Market Size and Forecast
4.7. OTHERS
4.7.1. Key Market Trends, Growth Factors, and Opportunities
4.7.2. Market Size and Forecast
CHAPTER 5. GLOBAL PACKAGING AND PROTECTIVE PACKAGING MARKET, BY FUNCTION
5.1. INTRODUCTION
5.1.1. Market Size and Forecast
5.2. CUSHIONING
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast
5.3. BLOCKING & BRACING
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast
5.4. VOID FILL
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast
5.5. INSULATION
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast
5.6. WRAPPING
5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast
5.7. OTHERS
5.7.1. Key Market Trends, Growth Factors, and Opportunities
5.7.2. Market Size and Forecast
CHAPTER 6. GLOBAL PACKAGING AND PROTECTIVE PACKAGING MARKET, BY APPLICATION
6.1. INTRODUCTION
6.1.1. Market Size and Forecast
6.2. FOOD
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast
6.3. BEVERAGE
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast
6.4. HEALTHCARE
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast
6.5. COSMETICS
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast
6.6. INDUSTRIAL
6.6.1. Key Market Trends, Growth Factors, and Opportunities
6.6.2. Market Size and Forecast
6.7. OTHER CONSUMER GOODS
6.7.1. Key Market Trends, Growth Factors, and Opportunities
6.7.2. Market Size and Forecast
CHAPTER 7. GLOBAL PACKAGING AND PROTECTIVE PACKAGING MARKET, BY GEOGRAPHY
7.1. INTRODUCTION
7.1.1. Market Size and Forecast
7.2. NORTH AMERICA
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast
7.2.3. U.S.
7.2.3.1. Market size and forecast, by Material
7.2.4. Canada
7.2.4.1. Market size and forecast, by Material
7.2.5. Mexico
7.2.5.1. Market size and forecast, by Material
7.3. EUROPE
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast
7.3.3. UK
7.3.3.1. Market size and forecast, by Material
7.3.4. Germany
7.3.4.1. Market size and forecast, by Material
7.3.5. France
7.3.5.1. Market size and forecast, by Material
7.3.6. Italy
7.3.6.1. Market size and forecast, by Material
7.3.7. Spain
7.3.7.1. Market size and forecast, by Material
7.3.8. Rest of Europe
7.3.8.1. Market size and forecast, by Material
7.4. ASIA-PACIFIC
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast
7.4.3. China
7.4.3.1. Market size and forecast, by Material
7.4.4. India
7.4.4.1. Market size and forecast, by Material
7.4.5. South Korea
7.4.5.1. Market size and forecast, by Material
7.4.6. Japan
7.4.6.1. Market size and forecast, by Material
7.4.7. Rest of Asia-Pacific
7.4.7.1. Market size and forecast, by Material
7.5. LAMEA
7.5.1. Key Market Trends, Growth Factors, and Opportunities
7.5.2. Market Size and Forecast
7.5.3. Africa
7.5.3.1. Market size and forecast, by Material
7.5.4. Middle East
7.5.4.1. Market size and forecast, by Material
7.5.5. South and Central America
7.5.5.1. Market size and forecast, by Material
CHAPTER 8. COMPANY PROFILES
8.1. SMURFIT KAPPA GROUP PLC
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Business Performance
8.1.5. Key Strategic Moves and Developments
8.2. ROCKTENN COMPANY
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Business Performance
8.2.5. Key Strategic Moves and Developments
8.3. SEALED AIR CORPORATION
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Business Performance
8.3.5. Key Strategic Moves and Developments
8.4. SONOCO MATERIALS COMPANY
8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Business Performance
8.4.5. Key Strategic Moves and Developments
8.5. HUHTAMAKI OYJ
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Business Performance
8.5.5. Key Strategic Moves and Developments
8.6. DS SMITH PLC
8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Business Performance
8.6.5. Key Strategic Moves and Developments
8.7. PREGIS CORPORATION
8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Business Performance
8.7.5. Key Strategic Moves and Developments
8.8. PRO-PAC PACKAGING LIMITED
8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Business Performance
8.8.5. Key Strategic Moves and Developments
8.9. STOROPACK HANS REICHENECKER GMBH
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Business Performance
8.9.5. Key Strategic Moves and Developments
8.10. THE DOW CHEMICAL COMPANY
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Business Performance
8.10.5. Key Strategic Moves and Developments
List of Tables
TABLE 1. GLOBAL PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 2. PAPER & PAPERBOARD PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 3. RIGID PLASTICS PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 4. FLEXIBLE PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 5. METAL PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 6. GLASS PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 7. OTHERS PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 8. GLOBAL PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY FUNCTION, 2015-2023 ($MILLION)
TABLE 9. PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE FOR CUSHIONING, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 10. PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE FOR BLOCKING & BRACING, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 11. PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE FOR VOID-FILL, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 12. PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE FOR INSULATION, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 13. PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE FOR WRAPPING, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 14. PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 15. GLOBAL PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 16. PACKAGING AND PROTECTIVE PACKAGING MARKET FOR FOOD, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 17. PACKAGING AND PROTECTIVE PACKAGING MARKET FOR BEVERAGE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 18. PACKAGING AND PROTECTIVE PACKAGING MARKET FOR HEALTHCARE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 19. PACKAGING AND PROTECTIVE PACKAGING MARKET FOR COSMETICS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 20. PACKAGING AND PROTECTIVE PACKAGING MARKET FOR INDUSTRIAL, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 21. PACKAGING AND PROTECTIVE PACKAGING MARKET FOR OTHER CONSUMER GOODS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 22. GLOBAL PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 23. NORTH AMERICA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 24. NORTH AMERICA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY FUNCTION, 2015-2023 ($MILLION)
TABLE 25. NORTH AMERICA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 26. NORTH AMERICA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 27. U.S. PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 28. CANADA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 29. MEXICO PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 30. EUROPE PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 31. EUROPE PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY FUNCTION, 2015-2023 ($MILLION)
TABLE 32. EUROPE PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 33. EUROPE PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 34. UK PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 35. GERMANY PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 36. FRANCE PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 37. ITALY PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 38. SPAIN PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 39. REST OF EUROPE PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 40. ASIA-PACIFIC PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 41. ASIA-PACIFIC PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY FUNCTION, 2015-2023 ($MILLION)
TABLE 42. ASIA-PACIFIC PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 43. ASIA-PACIFIC PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 44. CHINA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 45. INDIA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 46. SOUTH KOREA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 47. JAPAN PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 48. REST OF ASIA-PACIFIC PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 49. LAMEA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 50. LAMEA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY FUNCTION, 2015-2023 ($MILLION)
TABLE 51. LAMEA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 52. LAMEA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 53. AFRICA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 54. MIDDLE EAST PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 55. SOUTH & CENTRAL AMERICA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, BY MATERIAL, 2015-2023 ($MILLION)
TABLE 56. SMURFIT KAPPA GROUP PLC: COMPANY SNAPSHOT
TABLE 57. SMURFIT KAPPA GROUP PLC: OPERATING SEGMENTS
TABLE 58. ROCKTENN COMPANY: COMPANY SNAPSHOT
TABLE 59. ROCKTENN COMPANY: OPERATING SEGMENTS
TABLE 60. SEALED AIR CORPORATION: COMPANY SNAPSHOT
TABLE 61. SEALED AIR CORPORATION: OPERATING SEGMENTS
TABLE 62. SONOCO PRODUCTS COMPANY: COMPANY SNAPSHOT
TABLE 63. SONOCO PRODUCTS COMPANY: OPERATING SEGMENTS
TABLE 64. HUHTAMAKI OYJ: COMPANY SNAPSHOT
TABLE 65. HUHTAMAKI OYJ: OPERATING SEGMENTS
TABLE 66. DS SMITH PLC: COMPANY SNAPSHOT
TABLE 67. DS SMITH PLC: OPERATING SEGMENTS
TABLE 68. PREGIS CORPORATION: COMPANY SNAPSHOT
TABLE 69. PREGIS CORPORATION: OPERATING SEGMENTS
TABLE 70. PRO-PAC PACKAGING LIMITED: COMPANY SNAPSHOT
TABLE 71. PRO-PAC PACKAGING LIMITED: OPERATING SEGMENTS
TABLE 72. STOROPACK HANS REICHENECKER GMBH: COMPANY SNAPSHOT
TABLE 73. STOROPACK HANS REICHENECKER GMBH: OPERATING SEGMENTS
TABLE 74. THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT
TABLE 75. THE DOW CHEMICAL COMPANY: OPERATING SEGMENTS
List of Figures
FIGURE 1. GLOBAL PACKAGING AND PROTECTIVE PACKAGING MARKET: SEGMENTATION
FIGURE 2. TOP INVESTMENT POCKETS, BY APPLICATION
FIGURE 3. TOP WINNING STRATEGIES
FIGURE 4. BARGAINING POWER OF SUPPLIERS
FIGURE 5. BARGAINING POWER OF BUYERS
FIGURE 6. THREAT OF NEW ENTRANTS
FIGURE 7. THREAT OF SUBSTITUTES
FIGURE 8. COMPETITIVE RIVALRY
FIGURE 9. U.S. PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 10. CANADA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 11. MEXICO PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 12. UK PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 13. GERMANY PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 14. FRANCE PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 15. ITALY PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 16. SPAIN PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 17. REST OF EUROPE PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 18. CHINA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 19. INDIA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 20. SOUTH KOREA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 21. JAPAN PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 22. REST OF ASIA-PACIFIC PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 23. AFRICA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 24. MIDDLE EAST PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 25. SOUTH & CENTRAL AMERICA PACKAGING AND PROTECTIVE PACKAGING MARKET VALUE, 2015-2023 ($MILLION)
Packaging and protective packaging makes use of boxes, storage containers, protective dunnage, pallets, packing materials, liners, spacers, wraps, roll stocks, and thermoform containers, which are made of plastics, paper & paperboards, metals, wood, and glass. These products are designed to protect the consumer and industrial goods from shock & vibration and atmospheric, magnetic, and electrostatic forces during storage or transit. In addition, certain type of packaging is used to protect the inside content or product from water, oxygen, dust, and microorganism. For example, aseptically packaged food products in paper & paperboards, plastics, and metal packaging retain freshness, flavor, and efficacy for a longer duration.
Increased penetration of internet and mobile handsets in emerging economies, such as China, India, Brazil, and Indonesia, has led to increase in online shopping. Rise in purchase of food products, clothing, electronics devices, household appliances, and others has led to increased consumption of packaging, such as corrugated boxes, paperboard protectors, bubble packaging, air pillows, molded foams, and loose fills. Moreover, rapid growth of food and consumer electronics industries, and improvement in manufacturing activities globally to meet the rising demand boost the consumption of packaging & protective packaging.
Increase in R&D activities by various market players to produce biodegradable and sustainable packaging & protective packaging is expected to provide new opportunities for the packaging manufacturers, leading to market expansion.
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