Global Protective Packaging Systems Market: Introduction
Protective packaging systems are designed and manufactured to protect the products from atmospheric, magnetic, electrostatic, vibration and shock damage. With the race to reduce the overall cost of the production protective packaging manufacturers have innovated with the packaging design. This has led to a shift to flexible packaging, low use of material, low cost of storage and low transport cost. Protective packaging systems are being adopted by the food & beverage, industrial goods, Consumer Electronics and others. Protective packaging systems is a device which is being used to fabricate protective packaging materials such as bubble wrap, paper cushion, foam packaging and similar materials.
Protective packaging systems offer a range of flexible packaging materials and complimentary products to protect the items from moisture, oxygen, dust, etc. With the help of protective packaging systems, goods are being stored in the safe place and can be easily carried from one place to another place. Protective packaging systems also ensure the security of the goods.
Global Protective Packaging Systems Market: Dynamics
The global protective packaging systems have witnessed significant growth, over the last few decades. There are various factors which are expected to positively impact the growth of the global protective packaging systems market and facilitate its growth. Due to rise in e-commerce sales consumers are getting more attracted towards the purchasing of the products online due to which there is a rise in demand of the protective packaging systems which indirectly leads to the growth of the products such as air pillows and protective mailers. Flexible packaging products which include protective mailers, bubble packaging, air pillows, paper fill products and dunnage air bags is expected to continue to dominate the market of global protective packaging systems due to its cost effectiveness.
The ever-growing food and beverage industry will positively impact the growth of the global protective packaging systems market. The primary driver currently improving the number of opportunities in the global protective packaging system market is extremely high growth rate in demand for consumer goods and growing profitability in the retail sector. The future trend in the global protective packaging systems market is the use of the protective packaging systems in the home delivery of food and grocery items. Protective packaging systems.
Global Protective Packaging Systems Market: Segmentation
The global Protective Packaging Systems has been segmented as follows –
On the basis of product type, the global Protective Packaging Systems market has been segmented as:
- Bubble Wrap
- Paper Cushioning
- Others (Foam Packaging)
On the basis of function, the global Protective Packaging Systems market has been segmented as:
- Void Full
- Blocking & Bracing
- Others (Cushioning)
On the basis of material type, the global Protective Packaging Systems packaging market has been segmented as:
- Paper & Paperboard
- Plastic Foams
- Others (Plastic)
On the basis of end-use industry, the global Protective Packaging Systems market has been segmented as:
- Food & Beverage
- Industrial Goods
- Consumer Electronics
- Household Appliances
- Pharmaceutical Industry
Global Protective Packaging Systems Market: Geographical Outlook
The global Protective Packaging Systems Market has been divided into seven regions as follows –
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Middle East & Africa (MEA)
The North America and Asia Pacific is expected to lead the global protective packaging systems market, during the forecast period. The Western Europe region is expected to witness growth in the global protective packaging systems market. However, the regional protective packaging systems market might witness a decline, during the forecast period. The Latin America protective packaging systems market is expected to follow the similar trend to that of the APEJ protective packaging systems market.
Global Protective Packaging Systems Market: Key Players
Some of the players operating in the global Protective Packaging Systems Market are – Pregis Corporation, Signode Packaging Systems, Storopack Hans Reichenecker GmbH, Neff Packaging Systems among others.