Protective Packaging Market: By Material Type, By Packaging Type, By Function, By Application and Region Forecast 2019-2030

Protective Packaging Market Size, Share, Growth, Trends, and Global Industry Analysis: By Material Type (Plastics and Foam Plastics, Paper and Paperboard and Others), By Packaging Type (Flexible Protective Packaging, Foam Protective Packaging and Rigid Protective Packaging), By Function (Blocking and Bracing, Cushioning, Insulation, Void Fill and Wrapping), By Application (E-commerce, Automotive, Electronics and Appliances, Food and Beverages, Machinery and Others) and Region Forecast 2019-2030

Protective Packaging Market size was valued at US$ 28,312.0 million in 2023 and is poised to grow at a CAGR of 5.6% from 2024 to 2030. Packaging innovations reduce production and delivery costs, as well as attractive designs, enable differentiated brands, and are expected to drive sales, and add substantial value to consumer products. Furthermore, due to the utilization of recyclable materials, an increase in R&D spending is likely to contribute to market growth. Increased use of protective mailers by businesses to incorporate inflated air cushions and fill the vacant material. The global population will continue to grow, and the rate of urbanization will accelerate, particularly in emerging countries.

This corresponds to higher consumer earnings for spending on consumer goods, as well as increased access to modern retail channels and a growing middle-class desire to engage with global brands and shopping habits. Rising life expectancy will result in an older population, which will raise demand for healthcare and pharmaceutical excipients products, particularly in key developed nations. Simultaneously, easy-to-open solutions and packaging tailored to the needs of the elderly are expected to offer lucrative opportunities for the market players. A surge in the number of small families, which is driving demand for goods packaged in smaller portion sizes, as well as greater convenience features like resealability or microwave ability.

Key Developments

  • In July 2021, Smurfit Kappa acquired Cartonbox, a folding carton company located in Monterrey, in the North-East of Mexico. This will enable the company to improve its position in Mexico's paper packaging solutions market and expand its footprint to four folding carton locations.

Global Protective Packaging Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.6%

Largest Market

Europe

Fastest Growing Market

North America

Protective Packaging Market Dynamics

Increased adoption of protective packaging materials such as bubble wrap, packaging foam, air pillows, and other packaging materials is expected to propel the global protective packaging market. Protective packaging is becoming more popular in the E-commerce, logistics, and electronic industries to protect items against environmental, magnetic, electrostatic, vibration, and shock damage. Protect the items from electrical insulation, thermal insulation, fireproofing, moisture or vapor protection, shock or vibration dampening, and UV or weather resistance are also key advantages of protective packaging. However, challenges such as recycling, environmental concerns, and the additional expense of protective packaging are the major roadblocks of the market.

Global Protective Packaging Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 28,312.0 million

Market CAGR

5.6%

By Material Type

  • Plastics and Foam Plastics
  • Paper and Paperboard
  • Others

By Packaging Type

  • Flexible Protective Packaging
  • Foam Protective Packaging
  • Rigid Protective Packaging

By Function

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

By Application

  • E-commerce
  • Automotive
  • Electronics and Appliances
  • Food and Beverages
  • Machinery
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The protective packaging market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis

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Frequently Asked Questions

The global protective packaging market size was valued at US$ 28,312.0 million in 2023 and is projected to grow at a CAGR of 5.6% from 2024 to 2030.

Ecovative Design, Max Packaging, Inc., Pregis LLC, Smurfit Kappa Group, Springpack Corporate

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Global Protective Packaging Market Introduction 
2.1.Global Protective Packaging Market  - Taxonomy
2.2.Global Protective Packaging Market  - Definitions
2.2.1.Material Type
2.2.2.Packaging Type
2.2.3.Function
2.2.4.Application
2.2.5.Region
3. Global Protective Packaging Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Protective Packaging Market Analysis, 2019-2023 and Forecast 2024-2030
4.1.  Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Protective Packaging Market  By Material Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
5.1. Plastics and Foam Plastics
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Paper and Paperboard
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Others
5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Protective Packaging Market  By Packaging Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
6.1. Flexible Protective Packaging
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Foam Protective Packaging
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Rigid Protective Packaging
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7. Global Protective Packaging Market  By Function, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
7.1. Blocking and Bracing
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Cushioning
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Insulation
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Void Fill
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Wrapping
7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8. Global Protective Packaging Market  By Application, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
8.1. E-commerce
8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Automotive
8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Electronics and Appliances
8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Food and Beverages
8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Machinery
8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
8.6. Others
8.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.6.3. Market Opportunity Analysis 
9. Global Protective Packaging Market  By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Protective Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
10.1. Material Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Plastics and Foam Plastics
10.1.2.Paper and Paperboard
10.1.3.Others
10.2.  Packaging Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Flexible Protective Packaging
10.2.2.Foam Protective Packaging
10.2.3.Rigid Protective Packaging
10.3.  Function Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Blocking and Bracing
10.3.2.Cushioning
10.3.3.Insulation
10.3.4.Void Fill
10.3.5.Wrapping
10.4.  Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.E-commerce
10.4.2.Automotive
10.4.3.Electronics and Appliances
10.4.4.Food and Beverages
10.4.5.Machinery
10.4.6.Others
10.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Protective Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
11.1. Material Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Plastics and Foam Plastics
11.1.2.Paper and Paperboard
11.1.3.Others
11.2.  Packaging Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Flexible Protective Packaging
11.2.2.Foam Protective Packaging
11.2.3.Rigid Protective Packaging
11.3.  Function Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Blocking and Bracing
11.3.2.Cushioning
11.3.3.Insulation
11.3.4.Void Fill
11.3.5.Wrapping
11.4.  Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.E-commerce
11.4.2.Automotive
11.4.3.Electronics and Appliances
11.4.4.Food and Beverages
11.4.5.Machinery
11.4.6.Others
11.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12. Asia Pacific (APAC) Protective Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
12.1. Material Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Plastics and Foam Plastics
12.1.2.Paper and Paperboard
12.1.3.Others
12.2.  Packaging Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Flexible Protective Packaging
12.2.2.Foam Protective Packaging
12.2.3.Rigid Protective Packaging
12.3.  Function Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Blocking and Bracing
12.3.2.Cushioning
12.3.3.Insulation
12.3.4.Void Fill
12.3.5.Wrapping
12.4.  Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.E-commerce
12.4.2.Automotive
12.4.3.Electronics and Appliances
12.4.4.Food and Beverages
12.4.5.Machinery
12.4.6.Others
12.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13. Middle East and Africa (MEA) Protective Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
13.1. Material Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Plastics and Foam Plastics
13.1.2.Paper and Paperboard
13.1.3.Others
13.2.  Packaging Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Flexible Protective Packaging
13.2.2.Foam Protective Packaging
13.2.3.Rigid Protective Packaging
13.3.  Function Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Blocking and Bracing
13.3.2.Cushioning
13.3.3.Insulation
13.3.4.Void Fill
13.3.5.Wrapping
13.4.  Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.E-commerce
13.4.2.Automotive
13.4.3.Electronics and Appliances
13.4.4.Food and Beverages
13.4.5.Machinery
13.4.6.Others
13.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Protective Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
14.1. Material Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Plastics and Foam Plastics
14.1.2.Paper and Paperboard
14.1.3.Others
14.2.  Packaging Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Flexible Protective Packaging
14.2.2.Foam Protective Packaging
14.2.3.Rigid Protective Packaging
14.3.  Function Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Blocking and Bracing
14.3.2.Cushioning
14.3.3.Insulation
14.3.4.Void Fill
14.3.5.Wrapping
14.4.  Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.E-commerce
14.4.2.Automotive
14.4.3.Electronics and Appliances
14.4.4.Food and Beverages
14.4.5.Machinery
14.4.6.Others
14.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Sealed Air Corporation
15.2.2.Crown Holdings Inc
15.2.3.Sonoco Products Company
15.2.4.Winpack Ltd
15.2.5.Smurfit Kappa Group
15.2.6.DS Smith Plc
15.2.7.WestRock Company
15.2.8.Schur Flexibles Holding GesmbH
15.2.9.Greif
15.2.10.International Paper Company
15.2.11.Nefab Group
15.2.12.Cascades Inc
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Sealed Air Corporation
  • Crown Holdings Inc
  • Sonoco Products Company
  • Winpack Ltd
  • Smurfit Kappa Group
  • DS Smith Plc
  • WestRock Company
  • Schur Flexibles Holding GesmbH
  • Greif
  • International Paper Company
  • Nefab Group
  • Cascades Inc

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