According to a report by Big Market Research, titled, “Protective Packaging Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025”, the industry is anticipated to register a CAGR of 6.7% during the period, 2017–2025. It serves best to key stakeholders and manufacturers since it offers a comprehensive evaluation of market dynamics. This would also encourage new entrants to join the main stream.
The research incorporates executive summary of the global protective packaging market in terms of industry attractiveness, competitive landscape, and current trends. It gives an overview of the market in reference to scope and products. It studies industry dynamics, such as drivers, restraints, and their impact upon the industry. In addition, the research assesses factors that accelerate growth of the market, such as increase in online shopping. Alternative factors that causes progress in the market are growth in access to internet and rise in expenditure powers of end consumers and growth in production activities around the world. It also studies aspects that hinders prosperity of the market, such as strict regulations for packaging waste. Another aspect that hampers the industry is increase in apprehensions toward environment.
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The experts discuss top market players of the global protective packaging market which includes Smurfit KAPPA Group PLC, Sealed Air Corporation, The DOW Chemical Company, Rocktenn Company, Sonoco Products Company, DS Smith PLC, Huhtamaki OYJ, Pregis Corporation, Storopack, and Pro-Pac Packaging Limited. They explore profiles of these companies in terms of recent developments, financial segments, and business segments. The research divides the industry into material, application, product type, function, and regions. Based on materials, it categorizes market into foam plastics, plastics, paper & paperboard. Based on product type, it classifies the industry into flexible, foam, and rigid. The market finds its applications in food & beverage, industrial goods, consumer electronics, automotive, health care, and household appliances.
Based on geography, the report divides the global protective packaging market into North America, Asia-Pacific, Latin America Middle East & Africa (LAMEA), and Europe. According to it, functions of the industry include cushioning, void-fill, blocking & bracing, wrapping, and insulation. It assesses industry share by functions, applications, regions, materials, and product type for the period, 2014–2025. It evaluates market size by regions, applications, functions, materials, and product type for the historic period and forecast period, 2014–2016 as well as 2017–2025 respectively.
The study represents aforementioned parameters of the global protective packaging market in tables and figures. For instance, there are tables that depict market value of each region, application, function, material, and product type for the historic as well as forecast period.
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