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Global protective packaging market valued at USD 21.9 billion in 2016 according to new research report

Industrial Market Research

The global protective packaging market is expected to register a CAGR of 5% and reach a valuation of USD 32.4 billion by the end of the forecast period 2016-2024.


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According to Goldstein Research, global Protective packaging market is expected to reach USD 32.4 billion by the end of 2024 from USD 21.9 billion in 2016, growing at a CAGR of 5.0%. The rising international trades, growing online sales, advanced technology adaptation are driving the growth of protective packaging market.

Global Protective packaging market segmentation has been done on the basis of product type, function, end user and geography. Bubble foam packaging accounted for largest market share with 60% revenue share in 2016.


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The delicate and perishable products such as food and beverages are the major application areas of protective packaging.

Global Protective packaging Industry Make an Inquiry about this news is dominated by Asia-Pacific, which accounts for the largest packaging industry and flourishing e-commerce industry. APAC is closely followed by Europe and North America, which are urbanized and has a strong economy that supports trade.

Market Segmentation

On the basis of our in-depth analysis, Global Protective Packaging Market can be segmented as follows:

  • By Product Type 

o   Bubble Packaging

o   Foam Packaging

o   Paper Packaging

o   Others ( Mailers, Blisters, Shrink Films.

  • By Function 

o   Cushioning

o   Void Fill

o   Block and Brace

o   Wrapping

o   Others (Insulation, Cold Chain Solutions.

  • By End-use Industry 

o   Food and Beverages

o   Electronics

o   Industrial Goods

o   Pharmaceuticals

o   Cosmetics

o   Others (Construction, Automotive, Home Care.

  • On the basis of region
  • o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Access complete report at: www.goldsteinresearch.com/request-…orecast-2016-2024 Make an Inquiry about this news

 

 “Global Protective Packaging Market Outlook 2024contains detailed overview of the global Protective packaging market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, function and end-user.

Further, for the in-depth analysis, Global Protective Packaging Market Size Make an Inquiry about this news Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Storopack, Sealed Air Corp, Ranpak Corp, Pregis Packaging Systems, Polyair, Automated Packaging Systems Inc., Sonoco, Mold-Rite Plastics,.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global Protective packaging market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Browse full Report at www.goldsteinresearch.com/report/p…orecast-2016-2024 Make an Inquiry about this news

 

For more information:

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