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The market for protective packaging products is primarily influenced by trends in manufacturing output and ecommerce sales, according to the study. Bruce 2024-10-26 089 Bruce 2024-10-26 18:04
Demand surpassed output during last decade Bruce 2024-10-26 096 Bruce 2024-10-26 18:04
Although plastic protective packaging, especially foam protective packaging, will continue to be a focus of environmental concern, plastic will continue to be used for protective packaging because of its advantageous properties, including crush and moistu Bruce 2024-10-26 088 Bruce 2024-10-26 18:03
These effects will have a relatively larger impact on foam protective packaging, the study said. For example, government regulations limiting or banning the use of certain plastics and manufacturer pledges to reduce plastic use have prompted protective pa Bruce 2024-10-26 0126 Bruce 2024-10-26 18:03
Although sustainability concerns �� such as the use of non-recyclable plastics and the carbon footprint of packaging production �� have a larger impact on primary packaging, they will also affect the future growth and product mix in the protective pac Bruce 2024-10-26 0120 Bruce 2024-10-26 18:03
Impact of sustainability Bruce 2024-10-26 099 Bruce 2024-10-26 18:03
Also, the widespread use of corrugated boxes for ecommerce shipping will support demand for protective packaging that is often used in conjunction with boxes, such as bubble wrap, air pillows, and paper fill. Bruce 2024-10-26 096 Bruce 2024-10-26 18:02
A focus on right-sizing and source reduction by online retailers will drive demand for protective mailers. Bruce 2024-10-26 089 Bruce 2024-10-26 18:02
Flexible protective packaging will continue to benefit the most from ecommerce expansion, the study said. Bruce 2024-10-26 088 Bruce 2024-10-26 18:02
In addition, ecommerce is rapidly rising in lower income countries as internet access and smartphone penetration grows. Bruce 2024-10-26 090 Bruce 2024-10-26 18:02
Ecommerce has been the fastest growing market for protective packaging over the past decade, as online purchases continue to make up a larger share of retail sales, especially in the United States and China. Bruce 2024-10-26 0102 Bruce 2024-10-26 18:01
Global product demand will be driven by double-digit growth in ecommerce sales, in addition to rising production of durable goods and protective packaging�Cintensive nondurable goods, such as chemicals and pharmaceuticals, and the food and beverage secto Bruce 2024-10-26 087 Bruce 2024-10-26 18:01
Ecommerce drives use of flexible protective packaging Bruce 2024-10-26 092 Bruce 2024-10-26 18:01
The study also evaluates company market share and competitive analyses on several industry competitors, including Abriso Jiffy, Cascades, Crown Holdings, DS Smith, Mondi, Packaging Corporation of America, and WestRock. Bruce 2024-10-26 0102 Bruce 2024-10-26 18:01
The study presents historical demand data in five-year increments �� 2012, 2017, and 2022 �� and forecasts �� 2022 and 2027 �� by product (flexible protective packaging, foam protective packaging, rigid protective packaging); market (durable goods Bruce 2024-10-26 093 Bruce 2024-10-26 18:00
Historical data provides context Bruce 2024-10-26 097 Bruce 2024-10-26 18:00
However, the high cost and inferior performance of these bio-based materials will limit their use save in some niche applications. Bruce 2024-10-26 0112 Bruce 2024-10-26 18:00
Sustainability trends also will drive fast growth for biodegradable and compostable materials, such as cornstarch, hemp, soy, and mushrooms. Bruce 2024-10-26 0108 Bruce 2024-10-26 18:00
Molded fiber is replacing expanded polystyrene in some manufacturing applications as a result of its more environmentally friendly profile in terms of recyclability and degradability. Bruce 2024-10-26 0109 Bruce 2024-10-26 17:59
Molded fiber demand will experience robust growth, with increased use in nondurable goods packaging. Bruce 2024-10-26 097 Bruce 2024-10-26 17:59
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