Protective Packaging Market, By Type (Flexible Protective Packaging, Foam Protective Packaging, and Rigid Protective Packaging), By Material (Paper & Paperboard, Plastic Foams, Plastic, and Others), By End-Use (Food & Beverage, Industrial Goods, Consumer Electronics, Household Appliances, Healthcare, Automotive, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Aug 2024

Code : CMI3493

Pages :150

Formats :

Excel and PDF

Industry : Packaging

Market Concentration and Competitive Landscape

Protective Packaging Market Concentration By Players

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Growing international trade and evolving supply chain networks

International trade has grown exponentially with both developed and developing countries actively participating in global export and import of a wide variety of goods. This has led to extensive evolution of international supply chain networks as companies seek to leverage lower costs and access to new markets. However, complexities of moving products across long distances through multiple modes of transport have also increased risks of damage. Land, sea as well as air cargo all require specialized protective solutions to withstand rough handling, varying temperatures and pressures during transit. Emerging markets with improving infrastructure and growing domestic consumption are important focal points. However, their distances from manufacturing bases and vulnerability to certain climatic conditions necessitate stringent protective solutions. Regulations around safety and security are continuously being upgraded across different jurisdictions. This has boosted usage of tamper-proof seals, anti-counterfeiting devices, RFID tags and track-and-trace technologies integrated with packaging. Expanding scope of international logistics and the pressures of just-in-time deliveries have amplified the importance of robust protective functions from packaging.

Key Players Insights