Dec 21, 2018   SOURCE: PR NewsWire

Automotive Parts Packaging - Global Market Forecast to 2023

DUBLIN, Dec. 21, 2018 /PRNewswire/ --

The "Global Automotive Parts Packaging Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

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The automotive parts packaging market will register a CAGR of over 4% by 2023.

Disposable packaging companies are offering innovative products to increase their market share during the forecast period. For instance, Opti NX shrink film developed by Sealed Air has better tear resistance than traditional products and enables easier packaging of irregularly shaped products with shrink films.

The demand for low-cost and high efficiency disposable products such as bubble wraps is also increasing. Thus, the growing preference of disposable packaging and product innovations will boost the growth of automotive parts packaging market.

Increasing demand for protective packaging

The demand for protective packaging solutions such as paper cushion packaging and honeycomb packaging is increasing in the automotive industry. Molded pulp packaging is also gaining popularity in the automotive parts packaging industry.

Molded pulp packaging is eco-friendly and costs less than traditional packaging. It can also be redesigned according to product requirements. These advantages of protective packaging will increase its demand which in turn will drive the growth of the automotive parts packaging market.

Rise in raw material cost

The high volatility of the prices of raw materials used for manufacturing disposable packaging materials is hurting the growth prospects of the market.

Wood pulp is one of the primary raw material used for automotive parts packaging. Its price depends on the availability of wood and recycled paper. The price of packaging increases if there is any shortage of wood pulp. Increasing environmental concerns will increase the prices of wood pulp during the forecast period which in turn will hamper market growth.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including DS Smith, and Mondi the competitive environment is quite intense. Factors such as the growing demand for protective packaging, will provide considerable growth opportunities to automotive parts packaging companies.

Key Players

    --  DS Smith
    --  Mondi
    --  Sealed Air
    --  Smurfit Kappa
    --  Sonoco

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

    --  Market ecosystem
    --  Market characteristics
    --  Market segmentation analysis

PART 04: MARKET SIZING

    --  Market definition
    --  Market sizing 2018
    --  Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

    --  Bargaining power of buyers
    --  Bargaining power of suppliers
    --  Threat of new entrants
    --  Threat of substitutes
    --  Threat of rivalry
    --  Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

    --  Market segmentation by product
    --  Comparison by product
    --  Folding carton - Market size and forecast 2018-2023
    --  Corrugated box - Market size and forecast 2018-2023
    --  Others - Market size and forecast 2018-2023
    --  Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

    --  Geographic segmentation
    --  Geographic comparison
    --  APAC - Market size and forecast 2018-2023
    --  EMEA - Market size and forecast 2018-2023
    --  Americas - Market size and forecast 2018-2023
    --  Key leading countries
    --  Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

    --  Market drivers
    --  Market challenges

PART 11: MARKET TRENDS

    --  Growing preference for disposable packaging
    --  Premiumization of folding cartons
    --  Increasing market consolidation

PART 12: VENDOR LANDSCAPE

    --  Overview
    --  Landscape disruption
    --  Competitive scenario

PART 13: VENDOR ANALYSIS

    --  Vendors covered
    --  Vendor classification
    --  Market positioning of vendors
    --  DS Smith
    --  Mondi
    --  Sealed Air
    --  Smurfit Kappa
    --  Sonoco

For more information about this report visit https://www.researchandmarkets.com/research/s6xbpn/automotive_parts?w=5

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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