MRO Magazine

Research and Markets: Global Protective Packaging Market Report 2015 – By Regions and Vendors – Market Trends and Forecasts (2014 – 2020)


September 7, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/tw534g/global_protective) has announced the addition of the “Global Protective Packaging Market – By Regions and Vendors – Market Trends and Forecasts (2014 – 2020)” report to their offering.

The global protective packaging market was worth $22.25 billion in 2014 and is projected to reach $29.30 billion in 2020, at a compound annual growth rate of 4.7%.

Protective Packaging refers to the use of various packaging materials to safeguard and shield the core product from damages. Protective packaging can be used either as a primary packaging material or a secondary packaging material depending upon the products’ end use application. Vendors in this industry provide protective packaging solutions through regular innovations for end use industries like Automotive, Electronics, Pharmaceuticals, and others to safely reach the end consumers.

APAC leads the Protective packaging market with a share of 38% in 2014 and is estimated to grow at a rate of 7% per annum during the projected period. But, on the other hand, Europe is projected to increase at a CAGR of 2% for the same period.

Drivers vs. Constraints:

Factors like rising income levels of population, improving middle class, urbanization, and others are enhancing the affordability of using protective packaging in the developing regions. Also, online shopping which is growing very fast, compared to conventional retail shopping, is also driving the market. However, increase in raw material costs is a restraint to the growing market.

Industry Structure and Updates:

The market is highly consolidated with top 11 companies constituting only 20% of the market share while the rest 80% of the market is by small and niche players across the globe.

Some of the major vendors mentioned in the report are:Automated Packaging Systems, Sonoco, Pregis Corporation, Mold-Rite Plastics.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. MARKET OVERVIEW

4. MARKET DYNAMICS

5. Protective Packaging Market Segmentation, Forecasts and Trends – by Volume, by Revenue

6. Global Vendor Market Share Analysis

7. Supplier Intelligence – Profiles

– 3M

– Pregis Corporation

– Mold-Rite plastics

– Fibre box assocation

– Placon

– Automated Packaging Systems

– Intertape Polymer group

– Sonoco

– Vir Packaging

– Signode

– MJS Packaging

– Riverside Paper and Packaging

– Alpha Packaging Solutions

For more information visit http://www.researchandmarkets.com/research/tw534g/global_protective

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Packaging