Protective Packaging Market Forecast From 2019 to 2024
DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, 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. We are providing some segments of global algae protein market briefly here:
Sample view of global protective packaging market share
Key Questions Answered By The Report What will be the Global Protective Packaging Market size from 2019 to 2024? How are the major drivers and restraints affecting the Global Protective Packaging Market growth and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why? A comprehensive analysis of competitive landscape and key market participant’s behavior Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under The Global Protective Packaging Market Report Are As Below: 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
By Geography: Americas North America
South America Europe Middle East and Africa Europe Middle East and Africa Asia Pacific
COMPANY PROFILES 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 Â
BASF SE Huhtamaki Group Pregis Cascade Corporation
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