Market Research Report on the Protective Packaging Market

RAIPUR, INDIA, October 26, 2017 /EINPresswire.com/ --

Report Sellers has added a new market research report “Protective Packaging Market- Forecasts from 2017 to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.


According to the report, the protective packaging market is projected to witness a CAGR of 6.03% to reach a total market size of US$38.548 billion by 2022, from US$28.769 billion in 2017.

Growing global e-commerce industry is the major driver of global protective packaging market. Growing internet penetration, rising purchasing power, increased proliferation of smartphones and other mobile devices is boosting the sales through e-retailing channels which are augmenting the demand for protective packaging solutions for packaged goods.

Rising concerns regarding environmental sustainability along with the strict regulations regarding packaging waste is encouraging packaging manufacturers to invest in R&D and come up with sustainable yet effective packaging solutions, thereby positively impacting the market growth of protective packaging in the coming years. However, fluctuations in raw material prices will hinder the growth of global protective packaging market during the forecast period.

Competitive Insights: Prominent key market players in global Protective Packaging market include Huntsman Corporation, Protective Packaging Solutions, BASF, Sealed Air Corporation, and Sonoco among others.

The global protective packaging industry is highly competitive owing to the presence of many international and regional market players. At present, global key players are adopting various growth strategies such as new product launches, M&A, and strategic partnerships to expand their global footprint while investing heavily in R&D to provide sustainable yet effective packaging solutions to their customers. Recently in March 2017, Sonoco announced the acquisition of Peninsula Packaging Company, a leading manufacturer of thermoformed packaging for fresh fruits and vegetables sold across retail supermarkets.

Browse through the complete description and in-depth TOC on “Protective Packaging Market”
https://www.reportsellers.com/market-research-report/Protective-Packaging-Market---Forecasts-from-2017-to-2022

Report Scope
Protective Packaging market is segmented by material type, product type, function, industry, and geography:

By Material Type
Paper and Paperboard
Plastic
Foam Plastics
Others

By Product Type
Rigid Protective
Corrugated Box
Molded Pulp
Insulated Shipping Containers
Paperboard Protectors
Others
Flexible Protective
Paper Fill
Air Pillows
Bubble Packaging
Protective Mailers
Others
Foam Protective
Loose Fill
Molded Foam
Foam-in-Place
Others

By Function
Insulation
Wrapping
Blocking and Bracing
Cushioning
Void Fill
By Industry
Food and Beverage
Consumer Electronics
Automotive
Healthcare
Others

By Geography
Americas
North America
U.S
Canada
Mexico
Others
South America
Brazil
Others
Europe Middle East and Africa
Europe
UK
Germany
France
Others
Middle East and Africa
Asia Pacific
Japan
China
India
Australia

Request Sample here: https://www.reportsellers.com/market-research-report/Protective-Packaging-Market---Forecasts-from-2017-to-2022

We have a large number of reports in Manufacturing & Construction Industry which can be accessed in the following link
https://www.reportsellers.com/category/manufacturing-construction-market-research-report

About Report Sellers

Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries.
Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.

For any research requirement, drop an enquiry at https://www.reportsellers.com/contact-us or send us email at sales@reportsellers.com

Aditya Joshi
Report Sellers
+1-214-396-2385
email us here

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.