MRO Magazine

Research and Markets: Global Protective Packaging Market by Material, Product Type, Function & Application – Trends & Forecast to 2020


September 16, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/htjcq5/protective) has announced the addition of the “Protective Packaging Market by Material, Product Type, Function & Application – Trends & Forecast to 2020” report to their offering.

The protective packaging market has been growing in accordance with the growth in the manufacturing and e-commerce industries. The rising production and the growing trend of Internet shopping worldwide highlight the need for protective packaging, which can prevent damages to the product while transporting, storing, and handling.

Increasing disposable incomes of people, rapid urbanization, and changing lifestyles are likely to drive the demand for packed goods and e-retailing channels. This will further boost the market for protective packaging over the next five years. In addition to this, the rising concern towards the environment will increase the demand for sustainable protective packaging, which can be reused and recycled. This will drive innovations in technologies used for protective packaging.

The global Protective Packaging Market is projected to reach $35.82 Billion by 2020, with a CAGR of 6.39% from 2015-2020. The Asia-Pacific region is projected to grow at the highest CAGR of 7.62% during the forecast period, that is, 2015 to 2020.

The flexible protective packaging market is projected to grow at the highest CAGR of 7.63% from 2015 to 2020. The protective packaging market was dominated by the rigid protective packaging segment, which accounted for 38% of the total market in 2014.

The global protective packaging market is marked with intense competition due to the presence of a large number of both, big and small firms. New product launches, mergers & acquisitions, and partnerships & expansions are the key strategies adopted by market players to ensure their growth in the market.

Key Topics Covered

  1. Introduction
  2. Research Methodology
  3. Executive Summary
  4. Premium Insights
  5. Market Overview
  6. Industry Trends
  7. Protective Packaging Market, By Material
  8. Protective Packaging Market, By Product Type
  9. Protective Packaging Market, By Function
  10. Protective Packaging Market, By Application
  11. Geographic Analysis
  12. Competitive Landscape
  13. Company Profiles
  14. Appendix

Companies Mentioned

– DS Smith

– Huhtamaki

– Pregis

– Pro-Pac Packaging

– Rocktenn

– Sealed Air

– Smurfit KAPPA

– Sonoco Products

– Storopack Hans Reichenecker

– The DOW Chemical Company

For more information visit http://www.researchandmarkets.com/research/htjcq5/protective

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Packaging