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Protective Packaging Market Share

Report ID: GMI7475
Published Date: Nov 2023
Report Format: PDF

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Protective Packaging Market Share

Smurfit Kappa is a leading global provider of innovative and sustainable packaging solutions including protective packaging. With a focus on creating eco-friendly and customizable protective packaging solutions, Smurfit Kappa offers a range of products designed to safeguard goods during transit and storage. The company has expertise in corrugated and paper-based packaging and is committed to sustainability. This positions it as a key player in the protective packaging industry, meeting the evolving needs of businesses for safe and environmentally responsible packaging solutions. The major players operating in the protective packaging industry include:

Sonoco
Sealed Air Corporation
Smurfit Kappa
Dow
Huhtamaki
Ds Smith Plc
Pro-Pac Packaging Limited

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for protective packaging surpassed USD 30 billion in revenue in 2022 and is projected to expand at over 6% CAGR from 2023 to 2032 owing to the rapid growth of e-commerce and online shopping worldwide.

Foam protective packaging industry accounted for over 22% revenue share in 2022 and is expected to amass more than USD 13 million by 2032 owing to surging adoption as a versatile and effective solution for safeguarding delicate and valuable items during shipping and transportation.

Asia Pacific held more than 36.5% of the protective packaging industry revenue share in 2022 and is estimated to exhibit robust growth through 2032 attributed to the rapid expansion of e-commerce, increased manufacturing activities, and the growing middle-class population.

Some of the leading protective packaging market players are Sonoco, Sealed Air Corporation, Smurfit Kappa, Dow, Huhtamaki, Ds Smith Plc, and Pro-Pac Packaging Limited.