Protective Packaging Market - Forecasts from 2017 to 2022
Protective Packaging market is projected to witness a CAGR of 6.03% to reach a total market size of US$38.548 billion by 2022, from US$28.769 billion in 2017. 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.
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
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.
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
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Overview and Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s Five Forces Analysis
4.8. Industry Value Chain Analysis
4.9. Scenario Analysis
5. PROTECTIVE PACKAGING MARKET FORECAST BY MATERIAL TYPE (US$ BILLION)
5.1. Paper and Paperboard
5.1.1. Market Size and Forecast to 2022
5.2. Plastic
5.2.1. Market Size and Forecast to 2022
5.3. Foam Plastics
5.3.1. Market Size and Forecast to 2022
5.4. Others
5.4.1. Market Size and Forecast to 2022
6. PROTECTIVE PACKAGING MARKET FORECAST BY PRODUCT TYPE (US$ BILLION)
6.1. Rigid Protective
6.1.1. Corrugated Box
6.1.1.1. Market Size and Forecast to 2022
6.1.2. Molded Pulp
6.1.2.1. Market Size and Forecast to 2022
6.1.3. Insulated Shipping Containers
6.1.3.1. Market Size and Forecast to 2022
6.1.4. Paperboard Protectors
6.1.4.1. Market Size and Forecast to 2022
6.1.5. Others
6.1.5.1. Market Size and Forecast to 2022
6.2. Flexible Protective
6.2.1. Paper Fill
6.2.1.1. Market Size and Forecast to 2022
6.2.2. Air Pillows
6.2.2.1. Market Size and Forecast to 2022
6.2.3. Bubble Packaging
6.2.3.1. Market Size and Forecast to 2022
6.2.4. Protective Mailers
6.2.4.1. Market Size and Forecast to 2022
6.2.5. Others
6.2.5.1. Market Size and Forecast to 2022
6.3. Foam Protective
6.3.1. Loose Fill
6.3.1.1. Market Size and Forecast to 2022
6.3.2. Molded Foam
6.3.2.1. Market Size and Forecast to 2022
6.3.3. Foam-in-Place
6.3.3.1. Market Size and Forecast to 2022
6.3.4. Others
6.3.4.1. Market Size and Forecast to 2022
7. PROTECTIVE PACKAGING MARKET FORECAST BY FUNCTION (US$ BILLION)
7.1. Insulation
7.1.1. Market Size and Forecast to 2022
7.2. Wrapping
7.2.1. Market Size and Forecast to 2022
7.3. Blocking and Bracing
7.3.1. Market Size and Forecast to 2022
7.4. Cushioning
7.4.1. Market Size and Forecast to 2022
7.5. Void Fill
7.5.1. Market Size and Forecast to 2022
8. PROTECTIVE PACKAGING MARKET FORECAST BY INDUSTRY (US$ BILLION)
8.1. Food and Beverage
8.1.1. Market Size and Forecast to 2022
8.2. Consumer Electronics
8.2.1. Market Size and Forecast to 2022
8.3. Automotive
8.3.1. Market Size and Forecast to 2022
8.4. Healthcare
8.4.1. Market Size and Forecast to 2022
8.5. Others
8.5.1. Market Size and Forecast to 2022
9. PROTECTIVE PACKAGING MARKET FORECAST BY GEOGRAPHY (US$ BILLION)
9.1. Americas
9.1.1. North America
9.1.1.1. U.S.
9.1.1.1.1. Market Size and Forecast to 2022
9.1.1.2. Canada
9.1.1.2.1. Market Size and Forecast to 2022
9.1.1.3. Mexico
9.1.1.3.1. Market Size and Forecast to 2022
9.1.1.4. Others
9.1.1.4.1. Market Size and Forecast to 2022
9.1.2. South America
9.1.2.1. Brazil
9.1.2.1.1. Market Size and Forecast to 2022
9.1.2.2. Others
9.1.2.2.1. Market Size and Forecast to 2022
9.2. Europe Middle East and Africa
9.2.1. Europe
9.2.1.1. UK
9.2.1.1.1. Market Size and Forecast to 2022
9.2.1.2. Germany
9.2.1.2.1. Market Size and Forecast to 2022
9.2.1.3. France
9.2.1.3.1. Market Size and Forecast to 2022
9.2.1.4. Others
9.2.1.4.1. Market Size and Forecast to 2022
9.2.2. Middle East and Africa
9.2.2.1. Market Size and Forecast to 2022
9.3. Asia Pacific
9.3.1. Japan
9.3.1.1. Market Size and Forecast to 2022
9.3.2. China
9.3.2.1. Market Size and Forecast to 2022
9.3.3. India
9.3.3.1. Market Size and Forecast to 2022
9.3.4. Australia
9.3.4.1. Market Size and Forecast to 2022
9.3.5. Others
9.3.5.1. Market Size and Forecast to 2022
10. COMPETITIVE INTELLIGENCE
10.1. Investment Analysis
10.2. Recent Deals
10.3. Strategies of Key Players
11. COMPANY PROFILES
11.1. ACH Foam Technologies LLC
11.1.1. Overview
11.1.2. Financials
11.1.3. Products and Services
11.1.4. Recent Developments
11.2. Buckeye Corrugated, Inc.
11.2.1. Overview
11.2.2. Financials
11.2.3. Products and Services
11.2.4. Recent Developments
11.3. Cellofoam North America, Inc.
11.3.1. Overview
11.3.2. Financials
11.3.3. Products and Services
11.3.4. Recent Developments
11.4. Huntsman Corporation
11.4.1. Overview
11.4.2. Financials
11.4.3. Products and Services
11.4.4. Recent Developments
11.5. Landaal Packaging System Inc.
11.5.1. Overview
11.5.2. Financials
11.5.3. Products and Services
11.5.4. Recent Developments
11.6. Packaging Corporation of America
11.6.1. Overview
11.6.2. Financials
11.6.3. Products and Services
11.6.4. Recent Developments
11.7. Protective Packaging Solutions Inc.
11.7.1. Overview
11.7.2. Financials
11.7.3. Products and Services
11.7.4. Recent Developments
11.8. Sealed Air Corporation
11.8.1. Overview
11.8.2. Financials
11.8.3. Products and Services
11.8.4. Recent Developments
11.9. Mold-Rite Plastics
11.9.1. Overview
11.9.2. Financials
11.9.3. Products and Services
11.9.4. Recent Developments
11.10. Sonoco Products Company
11.10.1. Overview
11.10.2. Financials
11.10.3. Products and Services
11.10.4. Recent Developments
11.11. DS Smith plc
11.11.1. Overview
11.11.2. Financials
11.11.3. Products and Services
11.11.4. Recent Developments
11.12. BASF SE
11.12.1. Overview
11.12.2. Financials
11.12.3. Products and Services
11.12.4. Recent Developments
11.13. Huhtamaki Group
11.13.1. Overview
11.13.2. Financials
11.13.3. Products and Services
11.13.4. Recent Developments
11.14. Pregis
11.14.1. Overview
11.14.2. Financials
11.14.3. Products and Services
11.14.4. Recent Developments
11.15. Cascade Corporation
11.15.1. Overview
11.15.2. Financials
11.15.3. Products and Services
11.15.4. Recent Developments
List of Tables
List of Figures
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Overview and Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s Five Forces Analysis
4.8. Industry Value Chain Analysis
4.9. Scenario Analysis
5. PROTECTIVE PACKAGING MARKET FORECAST BY MATERIAL TYPE (US$ BILLION)
5.1. Paper and Paperboard
5.1.1. Market Size and Forecast to 2022
5.2. Plastic
5.2.1. Market Size and Forecast to 2022
5.3. Foam Plastics
5.3.1. Market Size and Forecast to 2022
5.4. Others
5.4.1. Market Size and Forecast to 2022
6. PROTECTIVE PACKAGING MARKET FORECAST BY PRODUCT TYPE (US$ BILLION)
6.1. Rigid Protective
6.1.1. Corrugated Box
6.1.1.1. Market Size and Forecast to 2022
6.1.2. Molded Pulp
6.1.2.1. Market Size and Forecast to 2022
6.1.3. Insulated Shipping Containers
6.1.3.1. Market Size and Forecast to 2022
6.1.4. Paperboard Protectors
6.1.4.1. Market Size and Forecast to 2022
6.1.5. Others
6.1.5.1. Market Size and Forecast to 2022
6.2. Flexible Protective
6.2.1. Paper Fill
6.2.1.1. Market Size and Forecast to 2022
6.2.2. Air Pillows
6.2.2.1. Market Size and Forecast to 2022
6.2.3. Bubble Packaging
6.2.3.1. Market Size and Forecast to 2022
6.2.4. Protective Mailers
6.2.4.1. Market Size and Forecast to 2022
6.2.5. Others
6.2.5.1. Market Size and Forecast to 2022
6.3. Foam Protective
6.3.1. Loose Fill
6.3.1.1. Market Size and Forecast to 2022
6.3.2. Molded Foam
6.3.2.1. Market Size and Forecast to 2022
6.3.3. Foam-in-Place
6.3.3.1. Market Size and Forecast to 2022
6.3.4. Others
6.3.4.1. Market Size and Forecast to 2022
7. PROTECTIVE PACKAGING MARKET FORECAST BY FUNCTION (US$ BILLION)
7.1. Insulation
7.1.1. Market Size and Forecast to 2022
7.2. Wrapping
7.2.1. Market Size and Forecast to 2022
7.3. Blocking and Bracing
7.3.1. Market Size and Forecast to 2022
7.4. Cushioning
7.4.1. Market Size and Forecast to 2022
7.5. Void Fill
7.5.1. Market Size and Forecast to 2022
8. PROTECTIVE PACKAGING MARKET FORECAST BY INDUSTRY (US$ BILLION)
8.1. Food and Beverage
8.1.1. Market Size and Forecast to 2022
8.2. Consumer Electronics
8.2.1. Market Size and Forecast to 2022
8.3. Automotive
8.3.1. Market Size and Forecast to 2022
8.4. Healthcare
8.4.1. Market Size and Forecast to 2022
8.5. Others
8.5.1. Market Size and Forecast to 2022
9. PROTECTIVE PACKAGING MARKET FORECAST BY GEOGRAPHY (US$ BILLION)
9.1. Americas
9.1.1. North America
9.1.1.1. U.S.
9.1.1.1.1. Market Size and Forecast to 2022
9.1.1.2. Canada
9.1.1.2.1. Market Size and Forecast to 2022
9.1.1.3. Mexico
9.1.1.3.1. Market Size and Forecast to 2022
9.1.1.4. Others
9.1.1.4.1. Market Size and Forecast to 2022
9.1.2. South America
9.1.2.1. Brazil
9.1.2.1.1. Market Size and Forecast to 2022
9.1.2.2. Others
9.1.2.2.1. Market Size and Forecast to 2022
9.2. Europe Middle East and Africa
9.2.1. Europe
9.2.1.1. UK
9.2.1.1.1. Market Size and Forecast to 2022
9.2.1.2. Germany
9.2.1.2.1. Market Size and Forecast to 2022
9.2.1.3. France
9.2.1.3.1. Market Size and Forecast to 2022
9.2.1.4. Others
9.2.1.4.1. Market Size and Forecast to 2022
9.2.2. Middle East and Africa
9.2.2.1. Market Size and Forecast to 2022
9.3. Asia Pacific
9.3.1. Japan
9.3.1.1. Market Size and Forecast to 2022
9.3.2. China
9.3.2.1. Market Size and Forecast to 2022
9.3.3. India
9.3.3.1. Market Size and Forecast to 2022
9.3.4. Australia
9.3.4.1. Market Size and Forecast to 2022
9.3.5. Others
9.3.5.1. Market Size and Forecast to 2022
10. COMPETITIVE INTELLIGENCE
10.1. Investment Analysis
10.2. Recent Deals
10.3. Strategies of Key Players
11. COMPANY PROFILES
11.1. ACH Foam Technologies LLC
11.1.1. Overview
11.1.2. Financials
11.1.3. Products and Services
11.1.4. Recent Developments
11.2. Buckeye Corrugated, Inc.
11.2.1. Overview
11.2.2. Financials
11.2.3. Products and Services
11.2.4. Recent Developments
11.3. Cellofoam North America, Inc.
11.3.1. Overview
11.3.2. Financials
11.3.3. Products and Services
11.3.4. Recent Developments
11.4. Huntsman Corporation
11.4.1. Overview
11.4.2. Financials
11.4.3. Products and Services
11.4.4. Recent Developments
11.5. Landaal Packaging System Inc.
11.5.1. Overview
11.5.2. Financials
11.5.3. Products and Services
11.5.4. Recent Developments
11.6. Packaging Corporation of America
11.6.1. Overview
11.6.2. Financials
11.6.3. Products and Services
11.6.4. Recent Developments
11.7. Protective Packaging Solutions Inc.
11.7.1. Overview
11.7.2. Financials
11.7.3. Products and Services
11.7.4. Recent Developments
11.8. Sealed Air Corporation
11.8.1. Overview
11.8.2. Financials
11.8.3. Products and Services
11.8.4. Recent Developments
11.9. Mold-Rite Plastics
11.9.1. Overview
11.9.2. Financials
11.9.3. Products and Services
11.9.4. Recent Developments
11.10. Sonoco Products Company
11.10.1. Overview
11.10.2. Financials
11.10.3. Products and Services
11.10.4. Recent Developments
11.11. DS Smith plc
11.11.1. Overview
11.11.2. Financials
11.11.3. Products and Services
11.11.4. Recent Developments
11.12. BASF SE
11.12.1. Overview
11.12.2. Financials
11.12.3. Products and Services
11.12.4. Recent Developments
11.13. Huhtamaki Group
11.13.1. Overview
11.13.2. Financials
11.13.3. Products and Services
11.13.4. Recent Developments
11.14. Pregis
11.14.1. Overview
11.14.2. Financials
11.14.3. Products and Services
11.14.4. Recent Developments
11.15. Cascade Corporation
11.15.1. Overview
11.15.2. Financials
11.15.3. Products and Services
11.15.4. Recent Developments
List of Tables
List of Figures
