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Protective packaging market to grow by USD 6.95 billion between 2022 to 2027 |APAC is estimated to contribute 39% to the growth of the global market – Technavio
In the next few years, the protective packaging market size is expected to grow by USD 6 billion.Between 2022 and 2027, the economy is expected to grow by 95 billion dollars. The growth momentum of the market is expected to progress at a CAGR of 4.0% over the next few years.According to Technavio, the market is expected to grow by 0.2% during the forecast period. During the forecast period, it is estimated that APAC will contribute 39% to the growth of the global market. APAC's protective packaging market is expected to witness strong growth from emerging economies such as India and China, which are expected to contribute significantly to the overall market.. In the e-commerce industry, packaging is a very important aspect, since products are prone to damage during transport due to the nature of their packaging. A flexible package can be used to protect the packages during transit by using multilayered films that offer enhanced protection during transit, such as films with more layers.. Due to these factors, it is expected that the market in the APAC region will grow significantly during the forecast period.. In this report, we are offering an up-to-date analysis of the market, and if you are interested in knowing the exact growth variance and the Y-O-Y growth rate, please request for a free sample of the report. In this report, we are offering an up-to-date analysis of the market, and if you are interested in knowing the exact growth variance and the Y-O-Y growth rate, please request for a free sample of the report. An analysis of the protective packaging market for the period 2023-2027, based on company performance The Protective Packaging Market 2023-2027: An Analysis of Companies in the IndustryMarket growth in the protective packaging industry is largely due to the growth of the e-commerce sector. On the other hand, factors such as the growing popularity of on-demand packaging in the e-commerce industry may inhibit the growth of this market. In this report, we provide a detailed analysis of 20 companies operating in the protective packaging market, including Berry Global Inc..As a subsidiary of Cascades Inc..Crown Holdings Inc. is the parent company of this company.The Dow Chemical Company, Inc..There are a number of companies such as DS Smith Plc, EcoEnclose, Hanchett Paper Co..The International Paper Company, Inc..The Intertape Polymer Group Inc. is a company that manufactures tapes.The company is owned by Mondi Plc, Nefab AB, Pregis LLC, and Ranpak Holdings Corp..Sealed Air Corp. is a subsidiary of Sealed Air Corporation.Smurfit Kappa Group, Sonoco Products Co., Smurfit Kappa Group.In addition, STOROPACK HANS REICHENECKER GMBH, Universal Protective Packaging Inc.., WestRock Company, Inc..As well as Winpak Ltd.As well as Winpak Ltd.There is a company called Cascades Inc. that provides protective packaging in the form of regular boxes, die cut boxes, and insulated boxes.Market segmentation of the protective packaging market for the period 2023-2027As mentioned above, the market is segmented by end-user (food and beverages, industrial goods, consumer electronics, household appliances, and healthcare as well as others), type (flexible, rigid, and foam), and geography (APAC, North America, Europe, Middle East and Africa, and South America). The end-userKey Highlights of the Protective Packaging Market for the Period 2023-2027Reports related to this topic include:It has been estimated that the packaging market will grow at a CAGR of 3.92% between 2022 and 2027, which will result in an increase in the market size by USD 223.96 billion by the end of the forecast period.There is an expectation that the Mexico packaging market size will grow at a CAGR of 3.51% between 2022 and 2027, which is an increase of USD 2,333.59 million in the market size.The following are the contents of the table of contents:The Executive Summary of the reportA brief overview of the market landscape is presented in Figure 2.The size of the market is the third stepThe historic market size of the industryAnalysis of the Five ForcesSegmentation of the market by end-users7 Market Segmentation by Types of ProductsThe Customer Landscape in 8The 9 Geographic LandscapesListed below are ten drivers, challenges, and trends that are driving the marketThe landscape of the company in Figure 11An analysis of 12 companiesThere are 13 appendices in this bookTechnavio - a brief overviewThe Technavio research and advisory company is a global leader in technology research and advisory. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.As one of the world's leading providers of market intelligence, Technavio's library of reports consists of more than 17,000 reports, covering 600 technologies, in 50 countries, with over 500 specialized analysts.. A large portion of their clients are enterprises of all sizes, including more than 100 Fortune 500 companies as part of their client base. As Technavio's client base continues to grow, they have come to rely on the company's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive positions in a changing market environment. As Technavio's client base continues to grow, they have come to rely on the company's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive positions in a changing market environment.Getting in touchJesse Maida’s role as Media & Marketing Executive at Technavio ResearchUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.comThe source of the information is TechnavioIt has been published by Technavio that the Smart Fleet Management Market by Application, Type and Geography - Forecast and Analysis 2023-2027 report has been published.In the period between 2022 and 2027, it is estimated that the dental imaging market will grow by USD 1.28 billion at a CAGR of 6.39%, with the use of intraoral scanners and...Get PRN's top stories and curated news delivered to your inbox every week by signing up to our newsletter.
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