PROTECTIVE PACKAGING MARKET ANALYSIS

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)

In 2023, Electrolux Group launched new sustainable packaging
In 2022, Pregis launched carbon-neutral film for protective packaging
In 2021, Compass Diversified-Backed Altor Solutions, Inc., a designer and producer of superior products for packaging, announced the acquisition of Plymouth Foam, a designer and manufacturer of foam products for packaging, shipping. Through this acquisition, the company aims to strengthen its status as a leading provider of packaging and componentry solutions through an expanded geographic presence.
In 2021, Tekni-Plex, a global leader in the healthcare and consumer product markets, acquired Keyes Packaging Group, a leading provider of protective molded fiber packaging and tissue wrap. The acquisition adds Tekni-Plex to widen its tray and flats portfolio, strengthening its offerings to customers in the food and beverage industry.