According to the report, the protective packaging market is projected to expand at an impressive CAGR of 5.85% over the forecast period 2018-2024. The Protective Packaging Market is expected to surge during the forecast period due to the growing demand of the consumer to receive the product without any compromise in the quality and any damage that can occur during storage or transport of the product. Moreover, due to an increase, the number of consumers preferring e-commerce channels for the purchase of different products such as electronics and food and beverage, the demand for these packaging solutions will increase, thus bolstering the market growth further. Geographically, North America is anticipated to hold a noteworthy share in the market, which can be attributed to the increasing focus of end-user industries to provide effective protective packing solutions for their products. Asia Pacific is expected to show a noteworthy growth over the forecast period due to the evolving e-commerce industry. Furthermore, due to the presence of key players and the investments being made in the market to enhance the protective packaging solutions will continue to drive the protective packaging market in the coming years.
Some of the major players covered as part of the report are ACH Foam Technologies LLC, Buckeye Corrugated, Inc., Cellofoam North America, Inc., Huntsman CorporationandLandaal Packaging System Inc.among others.
This report segmented the protective packaging market on the basis of the following terms
• By Material Type
o Paper and Paperboard
o Plastic
o Foam Plastics
o Others
• By Product Type
o Rigid Protective
Corrugated Box
Moulded Pulp
Insulated Shipping Containers
Paperboard Protectors
Others
o Flexible Protective
Paper Fill
Air Pillows
Bubble Packaging
Protective Mailers
Others
o Foam Protective
Loose Fill
Moulded Foam
Foam-In-Place
Others
• By Function
o Insulation
o Wrapping
o Blocking and Bracing
o Cushioning
o Void Fill
• By Industry
o Food and Beverage
o Consumer Electronics
o Automotive
o Healthcare
o Others
• By Geography
o North America
USA
Canada
Mexico
o South America
Brazil
Argentina
Others
o Europe
Germany
France
United Kingdom
Spain
Others
o Middle East and Africa
Saudi Arabia
Israel
UAE
Others
o Asia Pacific
China
Japan
South Korea
India
Others
View a sample of the report or purchase complete study https://www.knowledge-sourcing.com/report/protective-packaging-market
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