Protective Packaging Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Material Type (Paper And Paperboard, Plastic, Foam Plastics, Others), By Product Type (Rigid Protective, Flexible Protective, Foam Protective), By Function (Insulation, Wrapping, Blocking And Bracing, Cushioning, Void Fill), By Industry (Food And Beverage, Consumer Electronics, Automotive, Healthcare, Others), And By Geography - Forecasts From 2020 To 2025

Published:  May 2021 Report Code: KSI061610547 Pages: 129

The protective packaging market is evaluated at US$32.807 billion for the year 2019, growing at a CAGR of 5.81% to reach US$46.038 billion by 2025. Growing global e-commerce industry is the major driver of global protective packaging market.

Growing internet penetration, rising purchasing power, increased proliferation of smartphones and other mobile devices is boosting the sales through e-retailing channels which are augmenting the demand for protective packaging solutions for packaged goods. Rising concerns regarding environmental sustainability along with the strict regulations regarding packaging waste is encouraging packaging manufacturers to invest in R&D and come up with sustainable yet effective packaging solutions, thereby positively impacting the market growth of protective packaging in the coming years. However, fluctuations in raw material prices will hinder the growth of global protective packaging market during the forecast period.

By Product Type

By Product type, flexible packaging will witness the fastest market growth, in terms of value, in 2016 due to their cost efficiency and ability to package a wide variety of goods. Increasing demand for processed food and beverage is boosting the market growth of flexible packaging. Moreover, online retailing of delicate products require air pillows, protective mailers, and bubble packaging which, in turn, will contribute to this growth during the forecast period.     

By Geography

Geographically, North America held the largest share of the global Protective Packaging market in 2016 owing to the presence of a large number of key players in the region. End-use industries in developed economies such as the U.S. and Canada are increasingly using Protective Packaging for various applications. Asia Pacific region will witness the fastest regional market growth during the forecast period due to growing e-commerce industry in emerging economies, especially in China and India. Increasing spending on processed food and beverage products will further boost the demand for protective packaging in this region. Rising demand for OTC drugs will require effective protective packaging solutions in the pharmaceutical sector, leading to significant growth of Asia Pacific Protective Packaging market during the forecast period.  

Competitive Insights

Prominent key market players in global Protective Packaging market include Huntsman Corporation, Protective Packaging Solutions, BASF, Sealed Air Corporation, and Sonoco among others. The global protective packaging industry is highly competitive owing to the presence of many international and regional market players. At present, global key players are adopting various growth strategies such as new product launches, M&A, and strategic partnerships to expand their global footprint while investing heavily in R&D to provide sustainable yet effective packaging solutions to their customers. Recently in March 2017, Sonoco announced the acquisition of Peninsula Packaging Company, a leading manufacturer of thermoformed packaging for fresh fruits and vegetables sold across retail supermarkets.

Protective Packaging Market Scope:

Report Metric Details
 Market size value in 2019  US$32.807 billion 
 Market size value in 2025  US$46.038 billion
 Growth Rate  CAGR of 5.81% from 2019 to 2025
 Base year  2019
 Forecast period  2020–2025
 Forecast Unit (Value)  USD Billion
 Segments covered  Material Type, Product Type, Function, Industry, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered ACH Foam Technologies LLC, Buckeye Corrugated, Inc., Cellofoam North America, Inc., Huntsman Corporation, Landaal Packaging System Inc., Packaging Corporation of America, Protective Packaging Solutions Inc., Sealed Air Corporation, Mold-Rite Plastics, Sonoco Products Company, DS Smith, BASF SE, Huhtamaki Group, Pregis, Cascade Corporation
 Customization scope  Free report customization with purchase

 

Segmentation

In this report, Protective Packaging market is segmented by material type, product type, function, industry, and geography:

By Material Type

Paper and Paperboard

Plastic

Foam Plastics

Others

 

By Product Type

Rigid Protective

Corrugated Box

Molded Pulp

Insulated Shipping Containers

Paperboard Protectors

Others

 

Flexible Protective

Paper Fill

Air Pillows

Bubble Packaging

Protective Mailers

Others

 

Foam Protective

Loose Fill

Molded Foam

Foam-in-Place

Others

 

By Function

Insulation

Wrapping

Blocking and Bracing

Cushioning

Void Fill

 

By Industry

Food and Beverage

Consumer Electronics

Automotive

Healthcare

Others

 

By Geography

Americas

North America

U.S.

Canada

Mexico

Others

 

South America

Brazil

Others

 

Europe Middle East and Africa

Europe

UK

Germany

France

Others

Middle East and Africa

 

Asia Pacific

Japan

China

India

Australia

Others

Frequently Asked Questions (FAQs)

Q1. What will be the protective packaging market size by 2025?
A1. The protective packaging market is evaluated to reach the market size of US$46.038 billion in 2025.

Q2. Which region holds the largest market share in the protective packaging market?
A2. Asia Pacific region will witness the fastest regional market growth during the forecast period.

Q3. What are the growth prospects for protective packaging market?
A3. The protective packaging market is evaluated to grow at a CAGR of 5.81% during the forecast period.

Q4. What factors are anticipated to drive the protective packaging market growth?
A4. The growing global e-commerce industry is the major driver of global protective packaging market.

Q5. How is the protective packaging market segmented?
A5. Protective Packaging market is segmented by material type, product type, function, industry, and geography.

1. Introduction

1.1. Market Definition

1.2. Market Segmentation

2. Research Methodology

2.1. Research Data

2.2. Assumptions

3. Executive Summary

3.1. Research Highlights

4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. Protective Packaging Market Analysis, By Material Type

5.1. Introduction

5.2. Paper and Paperboard

5.3. Plastic

5.4. Foam Plastics

5.5. Others

6. Protective Packaging Market Analysis, By  Product Type

6.1. Introduction

6.2. Rigid Protective

6.2.1. Corrugated Box

6.2.2. Moulded Pulp

6.2.3. Insulated Shipping Containers

6.2.4. Paperboard Protectors

6.2.5. Others

6.3. Flexible Protective

6.3.1. Paper Fill

6.3.2. Air Pillows

6.3.3. Bubble Packaging

6.3.4. Protective Mailers

6.3.5. Others

6.4. Foam Protective

6.4.1. Loose Fill

6.4.2. Moulded Foam

6.4.3. Foam-In-Place

6.4.4. Others

7. Protective Packaging Market Analysis, By Function Type

7.1. Introduction

7.2. Insulation

7.3. Wrapping

7.4. Blocking and Bracing

7.5. Cushioning

7.6. Void Fill

8. Protective Packaging Market Analysis, By Industry Type

8.1. Introduction

8.2. Food and Beverage

8.3. Consumer Electronics

8.4. Automotive

8.5. Healthcare

8.6. Others

9. Protective Packaging Market Analysis, By Geography

9.1. Introduction

9.2. North America

9.2.1. North America Protective Packaging Market, By Material Type, 2019 to 2025

9.2.2. North America Protective Packaging Market, By Product Type, 2019 to 2025

9.2.3. North America Protective Packaging Market, By Function Type, 2019 to 2025

9.2.4. North America Protective Packaging Market, By Industry Type, 2019 to 2025

9.2.5. By Country

9.2.5.1. USA

9.2.5.2. Canada

9.2.5.3. Mexico

9.3. South America

9.3.1. South America Protective Packaging Market, By Material Type, 2019 to 2025

9.3.2. South America Protective Packaging Market, By Product Type, 2019 to 2025

9.3.3. South America Protective Packaging Market, By Function Type, 2019 to 2025

9.3.4. South America Protective Packaging Market, By Industry Type, 2019 to 2025

9.3.5. By Country

9.3.5.1. Brazil

9.3.5.2. Argentina

9.3.5.3. Others

9.4. Europe

9.4.1. Europe Protective Packaging Market, By Material Type, 2019 to 2025

9.4.2. Europe Protective Packaging Market, By Product Type, 2019 to 2025

9.4.3. Europe Protective Packaging Market, By Function Type, 2019 to 2025

9.4.4. Europe Protective Packaging Market, By Industry Type, 2019 to 2025

9.4.5. By Country

9.4.5.1. Germany

9.4.5.2. France

9.4.5.3. United Kingdom

9.4.5.4. Spain

9.4.5.5. Others

9.5. Middle East and Africa

9.5.1. Middle East and Africa Protective Packaging Market, By Material Type, 2019 to 2025

9.5.2. Middle East and Africa Protective Packaging Market, By Product Type, 2019 to 2025

9.5.3. Middle East and Africa Protective Packaging Market, By Function Type, 2019 to 2025

9.5.4. Middle East and Africa Protective Packaging Market, By Industry Type, 2019 to 2025

9.5.5. By Country

9.5.5.1. Saudi Arabia

9.5.5.2. Israel

9.5.5.3. UAE

9.5.5.4. Others

9.6. Asia Pacific

9.6.1. Asia Pacific Protective Packaging Market, By Material Type, 2019 to 2025

9.6.2. Asia Pacific Protective Packaging Market, By Product Type, 2019 to 2025

9.6.3. Asia Pacific Protective Packaging Market, By Function Type, 2019 to 2025

9.6.4. Asia Pacific Protective Packaging Market, By Industry Type, 2019 to 2025

9.6.5. By Country

9.6.5.1. China

9.6.5.2. Japan

9.6.5.3. South Korea

9.6.5.4. India

9.6.5.5. Others

10. Competitive Environment and Analysis

10.1. Major Players and Strategy Analysis

10.2. Emerging Players and Market Lucrativeness

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Vendor Competitiveness Matrix

11. Company Profiles

11.1. ACH Foam Technologies LLC

11.2. Buckeye Corrugated, Inc.

11.3. Cellofoam North America, Inc.

11.4. Huntsman Corporation

11.5. Landaal Packaging System Inc.

11.6. Packaging Corporation of America

11.7. Protective Packaging Solutions Inc.

11.8. Sealed Air Corporation

11.9. Mold-Rite Plastics

11.10. Sonoco Products Company

11.11. DS Smith

11.12. BASF SE

11.13. Huhtamaki Group

11.14. Pregis

11.15. Cascade Corporation        

ACH Foam Technologies LLC

Buckeye Corrugated, Inc.

Cellofoam North America, Inc.

Huntsman Corporation

Landaal Packaging System Inc.

Packaging Corporation of America

Protective Packaging Solutions Inc.

Sealed Air Corporation

Mold-Rite Plastics

Sonoco Products Company

DS Smith

BASF SE

Huhtamaki Group

Pregis

Cascade Corporation

 

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