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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Protective Packaging Market: By Material Type, By Packaging Type, By Function, By Application 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.
Study Period
2024-2030Base Year
2023CAGR
5.6%Largest Market
EuropeFastest Growing Market
North America
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.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 28,312.0 million |
Market CAGR |
5.6% |
By Material Type |
|
By Packaging Type |
|
By Function |
|
By Application |
|
By Region |
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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.
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