Global Protective Packaging Market Valued at USD 21.9 Billion in 2016

New York, USA, 2018-Aug-31 — /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 the 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 the 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 market is dominated by Asia-Pacific, which accounts for the largest packaging industry and flourishing e-commerce industry. APAC is closely followed by Europe and North America, which are urbanized and has a strong economy that supports trade.

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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)

By Region

  • North America Protective Packaging Market Analysis, 2016-2024
  • Europe Protective Packaging Market Analysis, 2016-2024
  • The Middle East And Africa Protective Packaging Market Analysis, 2016-2024
  • Latin America Protective Packaging Market Analysis, 2016-2024
  • Asia Pacific Protective Packaging Market Analysis, 2016-2024
  • Rest Of The World Protective Packaging Market Analysis, 2016-2024

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

The Global Protective Packaging Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of protective packaging market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global protective packaging market discussed in the report are Storopack, Sealed Air Corp, Ranpak Corp, Pregis Packaging Systems, Polyair, Automated Packaging Systems Inc., Sonoco, Mold-Rite Plastics, etc.

Further, Global Protective Packaging Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Protective Packaging Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

About Goldstein Research

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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 research reports helping 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.

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