Global Protective Packaging Market: Market Research by Knowledge Sourcing Intelligence


A feasible study on the Protective Packaging Market and its segments


Protective packaging is the packaging that is designed for the protection of goods from atmospheric, magnetic, electrostatic, vibration or stock damage. The growing global e-commerce industry is the major driver of the 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 also 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 the global protective packaging market during the forecast period. Prominent key market players in the global Protective Packaging market include Huntsman Corporation, Protective Packaging Solutions, BASF, Sealed Air Corporation, and Sonoco among others.


Market Segmentation

The Protective Packaging market is segmented by material type, product type, function, industry, and geography. By Material Type, the market is classified as Paper and Paperboard, Plastic, Foam Plastics, and Others. Foam Plastics provides for the largest revenue to the market. The protective packaging market analysis shows that due to the lightweight, thermal insulation, and shock dampening properties, the segment is going to be the fastest-growing among others.
By product type, the market is classified as Rigid Protective, Flexible Protective, Foam Protective, and others. The flexible protective type holds the largest protective packaging market share. This type of packaging is due to its convenient packaging style regarding product size and product shape. Also, the growth of the healthcare industry is boosting the demand of flexible packaging.
By Function, the market is classified into Insulation, Wrapping, Blocking and Bracing, Cushioning, and Void Fill. The cushioning segment accounts for a significant share of the market owing to its various uses and properties such as softness and resilience and shock and vibration control. The protective packaging market trend seems to be positive considering the usage of the product in withstanding damage such as external shock, vibration, compression, and climatic conditions.
By Industry, the market is classified as Food and Beverage, Consumer Electronics, Automotive, Healthcare, and Others. The food and beverages industry holds the largest revenue creator for the market. The factors driving and boosting the demand from the industry are the increasing population, rapid urbanization, growing food demand, rising personal disposable income, and the rising awareness about safe and healthy packaged food. The protective packaging market size is going to increase and even capture the opponent market share due to the factors mentioned above.
By geography, the market is classified as North America, South America, Middle East, and Africa, Europe, and the Asia Pacific. The Asia Pacific region holds a significant share of the market because of the rapid urbanization in the region, rising personal disposable income and the shifting preference to the safe and healthy packaged foods.

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