Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Protective Packaging Market Size is Projected to Reach USD 43.79 Billion in 2029 while exhibiting a CAGR of 5.0%

This image opens in the lightbox

News provided by

Exactitude Consultancy

20 Apr, 2023, 14:15 GMT

Share this article

Share toX

Share this article

Share toX

According to Exactitude Consultancy the Global Protective Packaging Market value is expected to reach USD 43.79 billion by 2029, growing at a 5.0% CAGR | Trends that will shape the future of packaging to 2023 - 2029, Economic and demographic growth

PUNE, India, April 20, 2023 /PRNewswire/ -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Protective Packaging Market.

The global protective packaging market is expected to grow at 5.0% CAGR from 2023 to 2029. It is expected to reach above USD 43.79 billion by 2029 from USD 27.24 billion in 2022.

Protective packaging finds application in various industries such as food, electronics, and pharmaceuticals. The main categories of protective packaging are rigid, foam, and flexible. Protective packaging serves to safeguard industrial products, machinery, and equipment during storage and transit, offering protection through blocking and bracing, flexible cushioning, protective containment, void fill, wrapping, and surface protection.

This report aims to analyze the trends and opportunities of the global protective packaging market. The study employs qualitative and quantitative methods, using reliable projections and comprehensive research methodologies to comprehend the present state of the market and predict its behavior during the forecast period. Our research team conducted industry-oriented measures, including interviews with industry experts, accessing secondary resources such as industrial databases, journals, and magazines, as well as utilizing primary resources.

Request Sample Copy of the Report:  
https://exactitudeconsultancy.com/reports/13716/protective-packaging-market/#request-a-sample 

Protective Packaging Market Overview

Protective packaging refers to the packaging materials and methods used to protect products during transportation, storage, and handling. The main objective of protective packaging is to ensure that the products reach their destination in their original condition, without damage or loss. Protective packaging is essential for products that are fragile, perishable, or have high-value, such as electronic components, medical equipment, and food products.

The protective packaging market is driven by several factors, including:

  1. E-commerce: With the growth of e-commerce, the demand for protective packaging has increased significantly. E-commerce companies need to ensure that the products are protected during transportation and handling, which has led to an increased demand for protective packaging.
  2. Growth in the Healthcare Industry: The healthcare industry is a significant driver of the protective packaging market. Medical equipment and devices require protective packaging to prevent damage and contamination during transportation and storage.
  3. Increased Concerns for Sustainability: With increasing concerns for sustainability, there is a growing demand for eco-friendly protective packaging materials. Companies are increasingly adopting sustainable packaging materials such as recycled and biodegradable materials.
  4. Technological Advancements: Technological advancements in the protective packaging industry have led to the development of innovative packaging materials and methods. For example, the use of advanced materials such as foam and bubble wrap, which offer superior protection to products during transportation.

However, there are also some challenges that the protective packaging market faces, including:

  1. Cost: Protective packaging materials can be expensive, which can increase the overall cost of the product.
  2. Environmental Concerns: The use of protective packaging materials, such as plastics, can have a negative impact on the environment. Companies are increasingly under pressure to adopt more sustainable and eco-friendly packaging materials.
  3. Limited Storage Space: Protective packaging materials can take up a lot of storage space, which can be a challenge for companies with limited storage space.

Overall, the protective packaging market is expected to continue to grow due to the increasing demand for safe and secure transportation of products.

Report Attribute

Details

Protective Packaging Market size value in 2022

USD 27.24 billion

Revenue forecast in 2029

USD 43.79 billion

Market Growth rate

CAGR of 5.0% from 2023 to 2029

Base year for estimation

2022

Historical data

2018 - 2020

Forecast period

2023 - 2029

Quantitative units

Revenue in USD Million, volume in units, CAGR from 2023 to 2029

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, trends

Segments covered

By Material Type, By Product Type, By Function, By End-User Industry, By Region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; Mexico; Germany; France; Italy; U.K.; China; India; Japan; Brazil; Saudi Arabia

Key companies profiled

America LLC, Max Packaging, Springpack, Sealed Air Corporation, Protective Packaging Solutions,
Smurfit Kappa Group, Pregis Corporation, ACH Foam Technologies LLC, Bayer AG Germany, FP
International

Customization scope

Free report customization with purchase. Addition or alteration to country, regional & segment scope.

Request Free sample pages to learn more about this Protective Packaging Market report.

Key Benefits for Stakeholders:

  • This report provides a quantitative analysis of the current trends, estimations, and dynamics which assists to identify the prevailing market opportunities.
  • Major countries in each region are studied to evaluate trends and opportunities of the market.
  • The region-wise and country-wise market conditions are comprehensively analyzed in the report.
  • Key players of the protective packaging market are also listed.
  • This study evaluates value chain to understand the competitive environment across geographies.
  • An in-depth analysis of the segmentation is provided to elucidate the dominant opportunities.

Key Takeaways:

  • Asia Pacific region has accounted 33% revenue share in 2021.
  • US is predicted to grow at a remarkable CAGR of 5.0% from 2023 to 2029.
  • By material, the plastics materials segment has held market share of over 44.75% in 2022.
  • By the foam, protective packaging segment continued to have the maximum share of the global market.
  • Flexible protective packaging segment is growing at a CAGR of 5.3% from 2023 to 2029.
  • By function, the cushioning segment has held market share of 25.20% from 2023 to 2029.

 Browse Full Premium Report | Protective Packaging Market Analysis with Strategic Developments  
https://exactitudeconsultancy.com/reports/13716/protective-packaging-market/#report-outlook 

Recent Developments:

  • In August 2021, in order to develop its corrugated plant in Culiacan, Northwest Mexico, Smurfit Kappa invested USD 22 million. The increased capacity, capabilities, and product selections for local consumers in the fresh produce area show the company's sustained commitment to the Mexican market. With the installation of cutting-edge high-tech equipment and the construction of a new building that will contain a new corrugator and an automatic Rotary Die Cutter (RDC) that will be completely operational by the end of 2021, the investment seeks to upgrade and expand the company.
  • In July 2021, Smurfit Kappa bought the Cartonbox folding carton enterprise in Monterrey, a city in northeastern Mexico. The company will be in a better position to compete in the Mexican market for paper packaging solutions as a consequence, and it will be able to expand to four more folding carton locations.
  • In February 2021, Smurfit Kappa unveiled a new packaging option for their environmentally friendly TopClip product. For packaging beverage multi-packs, TopClip is a paper-based substitute for plastic shrinkwraps. This packaging method was designed for smaller businesses and brands, so it can be used by beverage firms of all sizes.
  • In August 2020, Sealed Air Company said that it has entered into a collaboration deal with Plastic Energy, a market leader in cutting-edge recycling technologies. Moreover, Plastic Energy Global has received equity funding from Sealed Air.

 Key Market Segments: Protective Packaging Market

Protective Packaging Market By Material Type, 2023-2029, (USD Billion), (Kilotons)

  • Foam Plastics
  • Paper & Paperboard
  • Plastics
  • Others (Wood and Glass)

Protective Packaging Market By Product Type, 2023-2029, (USD Billion), (Kilotons)

  • Flexible
    • Protective Mailers
    • Bubble Packaging
    • Air Pillows
    • Paper Fill
    • Dunnage Bags
  • Foam
    • Insulated Shipping Containers
    • Molded Foam
    • Foam-In-Place Polyurethane
    • Polyolefin Rolled Foam
    • Loose Fill
  • Rigid
    • Paperboard Protectors
    • Molded Pulp

Protective Packaging Market By Function, 2023-2029, (USD Billion), (Kilotons)

  • Wrapping
  • Void-Fill
  • Insulation
  • Cushioning
  • Blocking And Bracing

Protective Packaging Market By End-User Industry, 2023-2029, (USD Billion), (Kilotons)

  • Food & Beverage
  • Consumer Electronics
  • Industrial Goods
  • Automotive
  • Household Appliances
  • Pharmaceuticals

Protective Packaging Market By Region, 2023-2029, (USD Billion), (Kilotons)

  • North America
  • Asia Pacific
  • Europe
  • South America
  • Middle East and Africa

Important Countries in All Regions Are Covered.

 Frequently Asked Questions About This Report

  • How big is the Protective Packaging Market?
  • The global protective packaging market is expected to grow at 5.0 % CAGR from 2023 to 2029. It is expected to reach above USD 43.79 billion by 2029 from USD 27.24 billion in 2022.
  • What is the worth of the global Protective Packaging Market?
  • The rise in the e-commerce industry and manufacturing activities have propelled the global protective packaging market and is projected to grow at a healthy rate over the next five years. The market for protective packaging is fueled by rising consumer spending for packed goods and online shopping.
  • Which is the leading application of the Protective Packaging Market?

Industrial goods are the largest application segment of the protective packaging market. The global protective packaging market is segmented based on application into industrial goods, food & beverage, healthcare, consumer electronics & appliances, automotive, household appliances, and others.

Discover more research Reports:

Geomembrane Market by Raw Material (HDPE, LDPE, EPDM, PVC, Others), by Technology (Extrusion, Calendering, Others), by Application (Waste Management, Water Management, Mining, Lining systems, Others) and by Region (North America, Europe, Asia-Pacific, Middle East & Africa, South America, Global Trends and Forecast from 2019 to 2028

Aerial Work Platform (AWP) Market Size by Product (Boom Lifts, Scissor Lifts, Vertical Mass Lifts, Personal Portable Lifts), By Type (Electric, Engine-powered), By Platform Height (Below 10 Meters, 10 to 20 Meters, 20 to 25 Meters, above 25 Meters), By Application (Rental, Construction & Mining, Government, Transportation & Logistics, Utility), By configuration (straight, articulated) and Region, Global trends and forecast from 2023 to 2029

North America Flexible Intermediate Bulk Container Market By Type, Design, Material, Filling Type, Handle Type, Distribution Channel (Offline, Online), Application and by Country (US, Canada, Mexico), Regional Trends and Forecast from 2019 to 2028

Supplementary Cementitious Materials Market by Type (Fly Ash, Silica Fume, Slag Cement, Others), Application (Cement, Concrete), End User Industries (Residential, Commercial, Industrial, and Others) and by Region (North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), Latin America), Global trends and forecast from 2019 to 2028

Medical Coatings Market by Type (Coatings Type and Material Type), by Substrate Type (Metals, Ceramics, Polymer, Composite and Glass), by Application (Medical Devices, Medical Implants, Medical Equipment & Tools, Protective Clothing and Others), by Region (North America, Europe, Asia Pacific, South America, Middle East and Africa), Global Trends and Forecast from 2019 to 2028

About Exactitude Consultancy

Exactitude Consultancy is a market research consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

Contact us

for your special interest research needs at sales@exactitudeconsultancy.com and we will get in touch with you within 24hrs and help you find the market research report you need.

Website: https://exactitudeconsultancy.com/

Contact:

Irfan Tamboli
sales@exactitudeconsultancy.com    
+91-7507-07-8687

Logo: https://mma.prnewswire.com/media/1871697/Exactitude_Consultancy_Logo.jpg

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.