Update News: Demand From E-Commerce Sector Has Driven The Growth Of Protective Packaging Market

  • According to the new market research report “Protective Packaging Market by Material Type (Foam, Paper & Paperboard, Foam, Plastic, Others), by Product Type ( Flexible, Rigid, Foam), by Function (Void-fill, Insulation, Wrapping, Cushioning, Others), by End-User (Consumer Electronics, Automotive, Pharmaceuticals, Food & Beverages, and Others), by Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) — Global Forecast ss(2020 to 2027)”, the global protective packaging market is estimated to reach USD 39.7 Billion by 2027 at a CAGR of around 3.9% during the review period.
  • Inclination towards consumer satisfaction for delivering the product without any damage to the product
  • Increasing urbanization and industrialization coupled with increasing population may drive the need for protective packaging
  • Increasing focus on extending the shelf life of products, coupled with the growing demand for eco-friendly materials & growing consumer awareness on product quality are some of the factors are expected to drive the product market
  • Government regulation towards recyclable packaging materials is one of the major restraining factor of the product market
  • Consumer inclination towards online shopping coupled with increasing disposable income, increased standard of living, and other has surged the demand for the product market
  • Need form the food & beverage industry to protect the shelf life of product and protection from external damages during storage and shipment
  • Growing environmental concerns regarding for use of recyclable packaging materials is may hinder the growth of product market
  • Asia Pacific
  • Europe
  • Sonoco Products Company:
  • Pregis LLC:

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DataBridge Market Research

DataBridge Market Research

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach