Global Protective Packaging Market Valued at USD 21.9 Billion in 2016

New York, USA, 2018-Apr-23 — /EPR Network/ —

According to Goldstein Research, global Protective packaging market is expected to reach USD 32.4 billion by the end of 2024 from USD 21.9 billion in 2016, growing at a CAGR of 5.0%. The rising international trades, growing online sales, advanced technology adaptation are driving the growth of protective packaging market. Global Protective packaging market segmentation has been done on the basis of product type, function, end user and geography. Bubble foam packaging accounted for largest market share with 60% revenue share in 2016. The delicate and perishable products such as food and beverages are the major application areas of protective packaging.

Global Protective packaging Industry is dominated by Asia-Pacific, which accounts for largest packaging industry and flourishing e-commerce industry. APAC is closely followed by Europe and North America, which are urbanized and has strong economy that supports trade.

Market Segmentation

On the basis of our in-depth analysis, Global Protective Packaging Market can be segmented as follows:

By Product Type

• Bubble Packaging
• Foam Packaging
• Paper Packaging
• Others ( Mailers, Blisters, Shrink Films etc)

By Function

• Cushioning
• Void Fill
• Block and Brace
• Wrapping
• Others (Insulation, Cold Chain Solutions etc)

By End-use Industry

• Food and Beverages
• Electronics
• Industrial Goods
• Pharmaceuticals
• Cosmetics
• Others (Construction, Automotive, Home Care etc)

On the basis of region

• North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
• Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 

Download Exclusive Sample Report @ Protective Packaging Market Sample Report

 

 “Global Protective Packaging Market Outlook 2024” containsthe detailed overview of the global Protective packaging market. On the basis of our in-depth analysis, ma arket can be segmented in terms of market segmentation by product type, function and end-user.

Further, for the in-depth analysis, Global Protective Packaging Market Size Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Storopack, Sealed Air Corp, Ranpak Corp, Pregis Packaging Systems, Polyair, Automated Packaging Systems Inc., Sonoco, Mold-Rite Plastics, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global Protective packaging market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Browse full Report @ https://www.goldsteinresearch.com/report/protective-packaging-market-outlook-global-market-analysis-forecast-2016-2024

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on packaging industry trends reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:

Steve Blade

(Global Sales Head)

USA: + 1-646-568-7747

Canada:  1-437-886-1181

UK: +44-203-318-6627

sales@goldsteinresearch.com

www.goldsteinresearch.com