Global Protective Packaging Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Protective Packaging Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Material Type (Plastic, Paper and Paperboard, and Other Material Types), Product (Rigid (Corrugated Paperboard Protectors, Molded Pulp, Insulated Shipping Containers, and Other Product Types), Flexible (Protective Mailers, Bubble Wraps, Air Pillows/Air Bags, Paper Fill, and Other Flexible Materials (Foil Pouches/Bags, Stretch and Shrink Films, etc.), Foam (Molded Foam, Foam in Place (FIP), Loose Fill, Foam Rolls/Sheets, and Other Types of Foam (Corner Blocks, etc.)) , End-user Vertical (Food and Beverage, Industrial, Pharmaceuticals, Consumer Electronics, Beauty and Home Care, and Other End-user Verticals), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Protective Packaging Market was valued at USD 36,487.7 million in 2023 and is expected to reach USD 54,321.0 million by 2031 while growing at a CAGR of 5.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global protective packaging market growth. Protective packaging involves using materials and techniques to safeguard products from damage during storage, handling, transportation, and distribution. It includes materials like foam, bubble wrap, cardboard, and plastic films, with methods such as cushioning and void fill. The main aim is to prevent loss, breakage, or spoilage of goods en route to ensure they reach their destination in optimal condition.
The fast growth of e-commerce and globalization, along with supply chain complexity, propel the protective packaging market. Yet, cost concerns and environmental regulations could hinder its expansion.
Furthermore, the global protective packaging industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Material Type Analysis
The Global Protective Packaging Market is segmented among Plastic, Paper and Paperboard, and Other Material Types, based on Material Type. In 2023, Paper and Paperboard accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Product Analysis
The Global Protective Packaging Market is segmented among Rigid, Flexible, and Foam, based on Product. In 2023, Flexible accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Protective Packaging Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Intertape Polymer Group Inc., Pregis Corporation, Riverside Paper Co., Sealed Air Corporation, Signode Protective Packaging Solutions, Sonoco Products Company, Smurfit Kappa Group, Huhtamaki Group, DS Smith PLC, International Paper Company, and Pro-Pac Packaging Limited.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Protective Packaging Market Dynamics
Drivers
Restraints
Opportunity
4. Global Protective Packaging Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Protective Packaging Market Segmentation, By Material Type
Global Protective Packaging Market Share Analysis, By Material Type
Global Protective Packaging Market Growth Analysis, By Material Type
Global Protective Packaging Market Trends, By Material Type
o Plastic
o Paper and Paperboard
o Other Material Types
6. Global Protective Packaging Market Segmentation, By Product
Global Protective Packaging Market Share Analysis, By Product
Global Protective Packaging Market Growth Analysis, By Product
Global Protective Packaging Market Trends, By Product
o Rigid
Ø Corrugated Paperboard Protectors
Ø Molded Pulp
Ø Insulated Shipping Containers
Ø Other Product Types
o Flexible
Ø Protective Mailers
Ø Bubble Wraps
Ø Air Pillows/Air Bags
Ø Paper Fill
Ø Other Flexible Materials (Foil Pouches/Bags, Stretch and Shrink Films, etc)
o Foam
Ø Molded Foam
Ø Foam in Place (FIP)
Ø Loose Fill
Ø Foam Rolls/Sheets
Ø Other Types of Foam (Corner Blocks, etc.)
7. Global Protective Packaging Market Segmentation, By End-user Vertical
Global Protective Packaging Market Share Analysis, By End-user Vertical
Global Protective Packaging Market Growth Analysis, By End-user Vertical
Global Protective Packaging Market Trends, By End-user Vertical
o Food and Beverage
o Industrial
o Pharmaceuticals
o Consumer Electronics
o Beauty and Home Care
o Other End-user Verticals
8. Global Protective Packaging Market Segmentation, By Region
Global Protective Packaging Market Share Analysis, By Region
Global Protective Packaging Market Growth Analysis, By Region
Global Protective Packaging Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Intertape Polymer Group Inc.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Pregis Corporation
Riverside Paper Co.
Sealed Air Corporation
Signode Protective Packaging Solutions
Sonoco Products Company
Smurfit Kappa Group
Huhtamaki Group
DS Smith PLC
International Paper Company
Pro-Pac Packaging Limited
*Similar analysis will be provided for each company listed above.