Protective Packaging Market to Grow at a CAGR of 6% by 2022 - Key Players are Huntsman Corporation, Protective Packaging Solutions, BASF, Sealed Air Corporation & Sonoco - Research and Markets

The "Protective Packaging Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.

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.

By Product type, flexible packaging will witness the fastest market growth, in terms of value, in 2016 due to their cost efficiency and ability to package a wide variety of goods. Increasing demand for processed food and beverage is boosting the market growth of flexible packaging. Moreover, online retailing of delicate products require air pillows, protective mailers, and bubble packaging which, in turn, will contribute to this growth during the forecast period.

Companies Mentioned

  • ACH Foam Technologies LLC
  • Buckeye Corrugated, Inc.
  • Cellofoam North America, Inc.
  • Huntsman Corporation
  • Landaal Packaging System Inc.
  • Packaging Corporation of America
  • Protective Packaging Solutions Inc.
  • Sealed Air Corporation
  • Mold-Rite Plastics
  • Sonoco Products Company
  • DS Smith
  • BASF SE
  • Huhtamaki Group
  • Pregis
  • Cascade Corporation

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Protective Packaging Market Forecast by Material Type (US$ Billion)

6. Protective Packaging Market Forecast by Product Type (US$ Billion)

7. Protective Packaging Market Forecast by Function (US$ Billion)

8. Protective Packaging Market Forecast by Industry (US$ Billion)

9. Protective Packaging Market Forecast by Geography (US$ Billion)

10. Competitive Intelligence

11. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/srrb9n/protective