Protective Packaging Market Size, Share | Report 2023-2032
The global protective packaging market was estimated at USD 26.44 billion in 2022 and it is expected to surpass around USD 45.46 billion by 2032, poised to grow at a CAGR of 5.57% from 2023 to 2032.
Key Pointers
Report Scope of the Protective Packaging Market
| Report Coverage | Details |
| Market Size in 2022 | USD 26.44 billion |
| Revenue Forecast by 2032 | USD 45.46 billion |
| Growth rate from 2023 to 2032 | CAGR of 5.57% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Covered | Smurfit KAPPA Group; Westrock Company; Sealed Air Corporation; Sonoco Products Company; Huhtamaki OYJ; DS Smith PLC; Pregis LLC; Pro-Pac Packaging Limited; Storopack Hans Reichenecker Gmbh; The DOW Chemical Company; Cascades Corporation |
Protective packaging refers to the special type of packaging that is purposely used to shield mailed items to provide protection, buffer, and insulation from any physical harm and damage during the unpredictable shipping process. Protective packaging are used to protect and buffer commodities from potential harm or damage during transportation, logistics, and warehousing.
The main types of protective packaging include rigid protective packaging, flexible protective packaging, and foam protective packaging. Rigid protective packaging refers to the type of protective packaging that features heavier and stronger materials for packaging commodities such as hard plastics, cardboard, metal, and other materials. The different types of protective packaging materials include foam plastics, paper and paperboard, plastics and other materials. The functions of protective packaging include cushioning, blocking and bracing, void fill, insulation and wrapping, and are used by end-user industries such as food and beverage, industrial goods, automotive, household appliances, pharmaceuticals and other end-user industries.
The protective packaging market research report is one of a series of new reports from The Business Research Company that provides protective packaging market statistics, including protective packaging industry global market size, regional shares, competitors with a protective packaging market share, detailed protective packaging market segments, market trends and opportunities, and any further data you may need to thrive in the protective packaging industry. This protective packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The growth of the e-commerce industry is expected to propel the growth of the protective packaging market going forward. E-commerce is the practice of purchasing and reselling products and services online, which includes business-to-business (B2B), business-to-consumer (B2C), and other business models. In the e-commerce industry, protective packaging helps to protect commodities from potential harm or damage during transportation, logistics, and warehousing and allows companies to manage the logistics chain more efficiently and products to reach their end customers in perfect conditions. For instance, according to the United Nations Conference on Trade and Development (UNCTAB), a Switzerland-based intergovernmental organization for world trade, the e-commerce sector’s share of retail sales increased by 19% in the year 2020 due to an increase in internet sales. Therefore, the growth of the e-commerce industry is driving the growth of the protective packaging market.
Technological advancement is the key trend in the protective packaging market. Major companies are focused on research and development for product innovations, such as carbon-neutral products with a certain level of automation. For instance, in February 2022, Pregis Corporation, a Netherlands-based company protective packaging materials and systems company, introduced Renew Zero, a recyclable air-cushioning film made up of 50% post-consumer recycled content and 50% renewable plant waste, such as cellulose fiber which is carbon-neutral without dependence on carbon-offset methods like planting trees and has been certified by European legislation for packaging and packaging waste. Renew Zero film is compatible with the Pregis AirSpeed MINI PAK’R machine, which produces air cushions in five film configurations using radio frequency identification (RFID) technology that automatically chooses the optimal seal temperature, airflow, and seal pressure for the film for protective packaging.
Protective Packaging Market Segmentations:
| By Type | By Material | By Function | By Application |
|
Rigid Protective Packaging Flexible Protective Packaging Foam Protective Packaging |
Foam Plastics Paper & Paperboard Plastics Others |
Cushioning Blocking & Bracing Void Fill Insulation Wrapping |
Food & Beverage Industrial Goods Healthcare Automotive Cushioning Household Appliances Others |
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Protective Packaging Market
5.1. COVID-19 Landscape: Protective Packaging Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Protective Packaging Market, By Type
8.1. Protective Packaging Market, by Type, 2023-2032
8.1.1. Rigid Protective Packaging
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Flexible Protective Packaging
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Foam Protective Packaging
8.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Protective Packaging Market, By Material
9.1. Protective Packaging Market, by Material, 2023-2032
9.1.1. Foam Plastics
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Paper & Paperboard
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Plastics
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Protective Packaging Market, By Function
10.1. Protective Packaging Market, by Function, 2023-2032
10.1.1. Cushioning
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Blocking & Bracing
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Void Fill
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Insulation
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Wrapping
10.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Protective Packaging Market, By Application
11.1. Protective Packaging Market, by Application, 2023-2032
11.1.1. Food & Beverage
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Industrial Goods
11.1.2.1. Market Revenue and Forecast (2020-2032)
11.1.3. Healthcare
11.1.3.1. Market Revenue and Forecast (2020-2032)
11.1.4. Automotive
11.1.4.1. Market Revenue and Forecast (2020-2032)
11.1.5. Cushioning
11.1.5.1. Market Revenue and Forecast (2020-2032)
11.1.6. Household Appliances
11.1.6.1. Market Revenue and Forecast (2020-2032)
11.1.7. Others
11.1.7.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Protective Packaging Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Type (2020-2032)
12.1.2. Market Revenue and Forecast, by Material (2020-2032)
12.1.3. Market Revenue and Forecast, by Function (2020-2032)
12.1.4. Market Revenue and Forecast, by Application (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Type (2020-2032)
12.1.5.2. Market Revenue and Forecast, by Material (2020-2032)
12.1.5.3. Market Revenue and Forecast, by Function (2020-2032)
12.1.5.4. Market Revenue and Forecast, by Application (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Type (2020-2032)
12.1.6.2. Market Revenue and Forecast, by Material (2020-2032)
12.1.6.3. Market Revenue and Forecast, by Function (2020-2032)
12.1.6.4. Market Revenue and Forecast, by Application (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Type (2020-2032)
12.2.2. Market Revenue and Forecast, by Material (2020-2032)
12.2.3. Market Revenue and Forecast, by Function (2020-2032)
12.2.4. Market Revenue and Forecast, by Application (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Type (2020-2032)
12.2.5.2. Market Revenue and Forecast, by Material (2020-2032)
12.2.5.3. Market Revenue and Forecast, by Function (2020-2032)
12.2.5.4. Market Revenue and Forecast, by Application (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Type (2020-2032)
12.2.6.2. Market Revenue and Forecast, by Material (2020-2032)
12.2.6.3. Market Revenue and Forecast, by Function (2020-2032)
12.2.6.4. Market Revenue and Forecast, by Application (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Type (2020-2032)
12.2.7.2. Market Revenue and Forecast, by Material (2020-2032)
12.2.7.3. Market Revenue and Forecast, by Function (2020-2032)
12.2.7.4. Market Revenue and Forecast, by Application (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Type (2020-2032)
12.2.8.2. Market Revenue and Forecast, by Material (2020-2032)
12.2.8.3. Market Revenue and Forecast, by Function (2020-2032)
12.2.8.4. Market Revenue and Forecast, by Application (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Type (2020-2032)
12.3.2. Market Revenue and Forecast, by Material (2020-2032)
12.3.3. Market Revenue and Forecast, by Function (2020-2032)
12.3.4. Market Revenue and Forecast, by Application (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Type (2020-2032)
12.3.5.2. Market Revenue and Forecast, by Material (2020-2032)
12.3.5.3. Market Revenue and Forecast, by Function (2020-2032)
12.3.5.4. Market Revenue and Forecast, by Application (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Type (2020-2032)
12.3.6.2. Market Revenue and Forecast, by Material (2020-2032)
12.3.6.3. Market Revenue and Forecast, by Function (2020-2032)
12.3.6.4. Market Revenue and Forecast, by Application (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Type (2020-2032)
12.3.7.2. Market Revenue and Forecast, by Material (2020-2032)
12.3.7.3. Market Revenue and Forecast, by Function (2020-2032)
12.3.7.4. Market Revenue and Forecast, by Application (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Type (2020-2032)
12.3.8.2. Market Revenue and Forecast, by Material (2020-2032)
12.3.8.3. Market Revenue and Forecast, by Function (2020-2032)
12.3.8.4. Market Revenue and Forecast, by Application (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Type (2020-2032)
12.4.2. Market Revenue and Forecast, by Material (2020-2032)
12.4.3. Market Revenue and Forecast, by Function (2020-2032)
12.4.4. Market Revenue and Forecast, by Application (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Type (2020-2032)
12.4.5.2. Market Revenue and Forecast, by Material (2020-2032)
12.4.5.3. Market Revenue and Forecast, by Function (2020-2032)
12.4.5.4. Market Revenue and Forecast, by Application (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Type (2020-2032)
12.4.6.2. Market Revenue and Forecast, by Material (2020-2032)
12.4.6.3. Market Revenue and Forecast, by Function (2020-2032)
12.4.6.4. Market Revenue and Forecast, by Application (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Type (2020-2032)
12.4.7.2. Market Revenue and Forecast, by Material (2020-2032)
12.4.7.3. Market Revenue and Forecast, by Function (2020-2032)
12.4.7.4. Market Revenue and Forecast, by Application (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Type (2020-2032)
12.4.8.2. Market Revenue and Forecast, by Material (2020-2032)
12.4.8.3. Market Revenue and Forecast, by Function (2020-2032)
12.4.8.4. Market Revenue and Forecast, by Application (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Type (2020-2032)
12.5.2. Market Revenue and Forecast, by Material (2020-2032)
12.5.3. Market Revenue and Forecast, by Function (2020-2032)
12.5.4. Market Revenue and Forecast, by Application (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Type (2020-2032)
12.5.5.2. Market Revenue and Forecast, by Material (2020-2032)
12.5.5.3. Market Revenue and Forecast, by Function (2020-2032)
12.5.5.4. Market Revenue and Forecast, by Application (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Type (2020-2032)
12.5.6.2. Market Revenue and Forecast, by Material (2020-2032)
12.5.6.3. Market Revenue and Forecast, by Function (2020-2032)
12.5.6.4. Market Revenue and Forecast, by Application (2020-2032)
Chapter 13. Company Profiles
13.1. Smurfit KAPPA Group
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Westrock Company
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Sealed Air Corporation
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Sonoco Products Company
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Huhtamaki OYJ
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. DS Smith PLC
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Pregis LLC
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Pro-Pac Packaging Limited
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Storopack Hans Reichenecker Gmbh
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. The DOW Chemical Company
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers