Global Market Automotive Parts Packaging Market to Surpass US$ 10 Bn in Revenues by 2027

ALBANY, USA, 2018-Jun-19 — /EPR Network/ —A new detailed study titled “Automotive Parts Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2027” has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). According to the report, the automotive parts packaging market is likely to surpass US$ 10 Bn in revenues by the end of 2027, growing at 4% CAGR during the assessment period.

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The research study offers in-depth insights and analysis on the key factors driving the growth of the automotive parts packaging market during the assessment period. According to the report, the resurgence in the automotive industry in the US and Asia Pacific is likely to provide an impetus to growth during the assessment period. The growth of the markets in these regions is likely to provide an impetus to demand for automotive parts packaging market during the assessment period.

In a bid to offer detailed insights and analysis on the automotive parts packating market, the research study segments the market on the basis of product type, packaging type, and component type. By product type, the key segments in the market include pallets, crates, bulk containers & cases, folding cartons, trays, and protective packaging.

Geographically, the market is divided into key regions globally which are Europe, North America, Asia Pacific, Middle East and Africa and Latin America. According to the research study, the automotive parts packaging market in Asia Pacific remains formidable, owing to the high demand for vehicles in China and India. A rapidly increasing middle class, combined with decreasing cost of automobiles has led to a boom in the market in these countries. These factors are likely to provide an impetus to automotive parts packaging market during the assessment period.

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The business intelligence study profiles the product strategies of some of the leading players in the market. The report profiles some of the leading players operating in the market. Some of these players are  Deufol  SE, Sealed Air Corporation, Pratt Industries, Inc. Loscam Australia Pty Ltd., The Nefab Group,  Pacific Packaging Products, Inc. Knauf Industries, DS Smith Plc, Smurfit Kappa Group, Mondi Group Plc,  Schoeller Allibert Services B.V., Sonoco Products Company, Encase Ltd., Primex Design & Fabrication, Primex Design & Fabrication Corporation, CMTP Packaging Pty Ltd, Sunbelt Paper & Packaging Inc,  JIT Packaging Inc., Signode India Ltd., Monoflo International, Inc. and Victory Packaging L.P.

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