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Dunnage Packaging Market Strategies for Growth, Segmentation, and Market Overview by 2024-2031
The "Dunnage Packaging Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political, economic, social, technological, environmental, and legal factors. Expert opinions and recent developments highlight the geographical distribution and forecast the market's trajectory, ensuring a robust foundation for strategic planning and investment.
What is the projected market size & growth rate of the Dunnage Packaging Market?
Market Analysis and Size
In recent years, the global market for dunnage packaging has experienced moderate growth. As various commodities are frequently transported from one location to another daily, it leads to growing preference for secure and convenient dunnage packaging solutions among end-users, resulting in significant growth of the dunnage packaging industry over the forecast period.
Global Dunnage Packaging Market was valued at USD 3.24 billion in 2021 and is expected to reach USD 5.15 billion by 2029, registering a CAGR of 5.60% during the forecast period of 2022-2029. The “corrugated plastic " accounts for the largest material segment in the dunnage packaging market owing to the fact that it is flexible and impact-resistant and its ability to protect the packaged product from abrasion, moisture, vibration, corrosion and electrostatic discharge.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
This research report is the result of an extensive primary and secondary research effort into the Dunnage Packaging market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Dunnage Packaging Market.
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Which are the driving factors of the Dunnage Packaging market?
The driving factors of the Dunnage Packaging market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Dunnage Packaging across various industries further propel market expansion.
Dunnage Packaging Market - Competitive and Segmentation Analysis:
Global Dunnage Packaging Market, By Material (Corrugated Plastic, Molded Plastic, Aluminum, Steel, Fabric Dunnage, Corrugated Paper, Wood, Foams, Others), End-Use Industry (Automotive, Aerospace, Electronics, Food and Beverage, Consumer Durables, Healthcare, Others) – Industry Trends and Forecast to 2031.
How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Which are the top companies operating in the Dunnage Packaging market?
Some of the major players operating in the dunnage packaging market are Ckdpack (India), GWP Correx (U.K), Interior Packaging Design, LLC. (U.S), Packaging Corporation of America (U.S), Myers Industries (U.S.), Nefab (Sweden), UFP Technologies (U.S.), Dunnage Engineering (U.S), Salco Engineering & Mfg. (U.S), Signode Industrial Group LLC. (U.S), KEENER Corporation (U.S), DS Smith (UK), Menasha Corporation (U.S.), Schoeller Allibert (Netherlands), Reusable Transport Packaging (Florida), Amatech Inc. (U.S.), MJSolpac Ltd. (U.K.) and Rehrig Pacific Company (U.S.) among others.
Short Description About Dunnage Packaging Market:
The Global Dunnage Packaging market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Dunnage Packaging. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.
Dunnage Packaging Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.
Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.
This report focuses on the Dunnage Packaging in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
What are the key regions in the global Dunnage Packaging market?
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Dunnage Packaging Market Research/Analysis Report Contains Answers to your following Questions
What are the global trends in the Dunnage Packaging market?
Would the market witness an increase or decline in the demand in the coming years?
What is the estimated demand for different types of products in Dunnage Packaging?
What are the upcoming industry applications and trends for Dunnage Packaging market?
What Are Projections of Global Dunnage Packaging Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
Where will the strategic developments take the industry in the mid to long-term?
What are the factors contributing to the final price of Dunnage Packaging?
What are the raw materials used for Dunnage Packaging manufacturing?
How big is the opportunity for the Dunnage Packaging market?
How will the increasing adoption of Dunnage Packaging for mining impact the growth rate of the overall market?
How much is the global Dunnage Packaging market worth? What was the value of the market In 2020?
Who are the major players operating in the Dunnage Packaging market? Which companies are the front runners?
Which are the recent industry trends that can be implemented to generate additional revenue streams?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Dunnage Packaging Industry?
Customization of the Report
Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global Dunnage Packaging Market Insights and Forecast to 2031
Introduction
Market Segmentation
Executive Summary
Premium Insights
Market Overview
Dunnage Packaging Market By Type
Dunnage Packaging Market By Function
Dunnage Packaging Market By Material
Dunnage Packaging Market By End User
Dunnage Packaging Market By Region
Dunnage Packaging Market: Company Landscape
SWOT Analysis
Company Profiles
Continued...
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#Dunnage Packaging Market#Dunnage Packaging Market Size#Dunnage Packaging Market Share#Dunnage Packaging Market Trends#Dunnage Packaging Market Growth#Dunnage Packaging Market Analysis#Dunnage Packaging Market Scope & Opportunity#Dunnage Packaging Market Challenges#Dunnage Packaging Market Dynamics & Opportunities
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The dunnage packaging market is projected to grow from USD 3.0 billion in 2019 to USD 4.0 billion by 2024, at a CAGR of 5.0% between 2019 and 2024. The market is growing due to the high demand from the automotive, electronics, aerospace, and food & beverage industries.
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Since 1996, El Cajon Pallets has been supplying pallets across San Diego. We create standard and custom designs for a wide range of markets. We buy, sell, and recycle pallets throughout San Diego and other California counties. Small Manufacturing Industries, Machinery, Pharmaceutical, Shipping, Packaging Industries, Food Supply Chains, Chemical Industry, and HVAC are a few examples.
El Cajon Pallets sells a wide variety of pallets, styles, and dimensions throughout California. As the country's largest pallet producer, we keep a huge inventory of pallet replacement parts and supplies on hand. Cut-to-size products include pallet components, crating components, repair boards, dunnage, plywood, blocks, and low-grade lumber.
El Cajon Pallets is a perfect shop for all your pallets needs. Get in touch with us now.
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Returnable Transport Packaging (RTP) Market Insights: Comprehensive Global Forecast (2023-2032)
The global demand for returnable transport packaging was valued at USD 27514.5 Million in 2022 and is expected to reach USD 42547.4 Million in 2030, expanding at a CAGR of 5.6% between 2023 and 2030.
Returnable Transport Packaging (RTP) market focuses on solutions that involve reusable and durable packaging materials designed for multiple trips or rotations during the transportation of goods. RTP systems typically include items like reusable pallets, crates, containers, and dunnage that are made from robust materials such as plastic, metal, or wood. The primary aim of RTP is to provide a sustainable and cost-effective alternative to single-use packaging by minimizing waste and reducing the need for disposable materials. This approach not only helps in lowering the environmental impact but also reduces packaging costs over time. RTP is widely used in various industries including automotive, pharmaceutical, food and beverage, and retail, where the secure and efficient transport of products is crucial. The growth of this market is driven by increasing awareness of environmental issues, rising transportation costs, and stringent regulations regarding waste reduction in supply chain operations. Additionally, technological advancements in material science and tracking technologies are enhancing the efficiency and effectiveness of RTP systems, making them more appealing to businesses aiming to improve their logistics and sustainability profiles.
Returnable Transport Packaging (RTP) refers to packaging systems designed to be reused multiple times, providing a sustainable and economical alternative to single-use packaging. These systems typically include items such as pallets, crates, boxes, containers, and dunnage that are made from durable materials like plastic, metal, or wood. RTP is employed across various industries, including automotive, food and beverage, pharmaceuticals, and electronics, to safely transport goods between locations. The primary advantages of RTP include the reduction of waste and packaging costs, improved protection for goods during transit, and enhanced supply chain efficiency through the standardization of container sizes and shapes. Moreover, RTP systems often incorporate advanced technologies for tracking and managing the containers, ensuring better logistics control and inventory management. This approach not only supports environmental sustainability by minimizing disposable waste but also aligns with regulatory pressures and economic incentives aimed at reducing the overall environmental footprint of business operations.
Major Key Players-
Returnable Packaging Resource Inc
Tri-Pack Plastics Ltd
Plastic Packaging Solutions Midlands & East Ltd
Integra Packaging
ORBIS Corporation
Others
Market Regional Insights-
North America
In North America, the RTP market is driven by strong regulatory pressures to reduce waste and by the presence of large-scale industrial activities, especially in the automotive, pharmaceutical, and food sectors. The United States and Canada have been early adopters of RTP systems due to their well-developed logistics and supply chain networks. Advances in technology and a growing emphasis on sustainability are further propelling the demand for RTP solutions.
Europe
Europe is a leader in the RTP market, largely due to stringent EU regulations on environmental sustainability and waste management. Countries like Germany, the UK, and France have robust automotive and manufacturing sectors that heavily utilize RTP for logistics. The European market is also seeing a significant shift toward greener and more sustainable packaging solutions, driving innovation in RTP materials and designs.
Asia-Pacific
The Asia-Pacific region presents the fastest growth in the RTP market, driven by rapid industrialization and the expansion of manufacturing bases, particularly in China, India, and Southeast Asia. The growing middle-class population and the expansion of the retail sector are additional factors contributing to the rise in demand for efficient and reusable packaging solutions. Additionally, increasing awareness about environmental impacts is nudging businesses toward sustainable practices, including RTP.
Latin America
In Latin America, the adoption of RTP is gradually increasing with the expansion of the manufacturing and export sectors. Countries like Brazil and Mexico are leading in the use of RTP, primarily in the automotive and agricultural sectors. However, the growth is somewhat constrained by less stringent regulatory environments and the slower adoption of sustainable practices compared to North America and Europe.
Middle East and Africa
The RTP market in the Middle East and Africa is developing, with the market's growth driven by the oil and gas and chemical sectors, where RTP is used extensively for the safe transport of hazardous and non-hazardous materials. Increasing industrial activities and the need for efficient supply chain solutions are likely to boost the RTP market in this region over the coming years.
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Market Drivers-
Sustainability Initiatives: As global awareness and regulatory demands for sustainable practices increase, companies are looking to reduce their environmental footprint. RTP offers a way to minimize waste by replacing single-use packaging with durable, reusable alternatives. This reduction in waste not only helps companies meet environmental regulations but also appeals to consumers who are increasingly making purchasing decisions based on sustainability.
Cost Reduction: Although the initial investment in RTP can be higher than disposable packaging, the long-term savings are significant. RTP reduces the need to purchase single-use packaging repeatedly, leading to substantial cost savings over time, especially in terms of logistics and waste management costs.
Supply Chain Efficiency: RTP can enhance the efficiency of supply chain operations. Standardized RTP units (like pallets and crates) can be stacked, stored, and transported more easily than irregular single-use packaging. This standardization helps in optimizing transportation costs, reducing loading and unloading times, and improving overall logistics performance.
Product Protection: RTP typically involves the use of robust materials designed to withstand multiple uses and harsh handling conditions. This enhances the protection of goods during transit, reducing the incidence of product damage and related financial losses.
Regulatory Compliance: Many regions are implementing stricter regulations regarding waste management and sustainability in supply chains. RTP systems help businesses comply with these regulations by reducing the amount of waste generated and improving the recyclability of packaging materials.
Technological Advancements: The integration of technologies such as RFID tags and IoT sensors in RTP systems allows for better tracking and management of packaging assets. This technological enhancement helps companies maintain control over their inventory, optimize their use of RTP, and prevent loss and theft.
Globalization of Supply Chains: As supply chains become more globalized, the need for robust packaging solutions that can handle long transportation routes and multiple handling points increases. RTP is well-suited for such demands, providing durable and secure packaging options that maintain integrity across extended supply chains.
Segmentation-
By Material Types
Plastic RTP
Metal RTP
Wooden RTP
By Product Types
Pallets
Containers and Crates
Dunnage Systems
Intermediate Bulk Containers (IBCs)
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Returnable Packaging Market Share 2024 Trends, Growth, and Forecast by 2031
Returnable Packaging Market Scope & Overview
The fundamental purpose of the Returnable Packaging Market research is to help readers better understand the market in terms of definition, segmentation, market potential, noteworthy trends, and the challenges that major regions and emerging countries face. This study will help readers obtain a comprehensive grasp of the market. Statistics and market data have been acquired from trustworthy sources such as websites, annual reports, newspapers, and other publications, and have been reviewed and validated by industry experts.
During the creation of the Returnable Packaging market report, extensive research and analysis were conducted. In the report, facts and data are represented using diagrams, graphs, pie diagrams, and other drawings. This improves the visual representation of the data and helps people grasp it better. The report's goal is to assist players in gaining a competitive advantage and improving their market positioning.
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Market Key Players:
Schoeller Allibert, CHEP, NEFAB GROUP, Celina, RPP Containers, Amatech Inc, UBEECO Packaging Solutions, PPS Midlands Limited, RPR Inc, Tri-pack Packaging Systems Ltd
Market Segmentation
Each market region and country are profiled in the report. Production, use, import and export, sales volume, and income estimates are all identified. The study looks at the bulk of the industry's product types, as well as product specifications for each key player and sales volume and value. The market is further segmented into numerous principal applications of its sector based on the Returnable Packaging market and its applications. For each segment, it provides market size, CAGR, and predictions. The research provides a complete PEST analysis for all five regions: North America, Europe, APAC, MEA, and South America, after examining political, economic, social, and technological elements affecting the Returnable Packaging market in various areas.
By Raw Material
Wood
Metal
Plastic
By Product Type
Crates
IBCs
Dunnage
Pallets
Barrels & Drums
Others
By Application
Food & Beverage
Healthcare
Automotive
Others
Russia-Ukraine War Impact Analysis
The influence of the Russia-Ukraine war on global and domestic markets is also discussed in the Returnable Packaging market study. The report is a valuable source of guidance and information for businesses and consumers interested in the industry. It contains vital information as well as the current state of the markets of the main manufacturers.
Competitive Scenario
The report includes information on production, cost, gross margin, sales volume, sales, consumption, growth rates, imports, exports, supply, future strategies, and technological advancements. Market trends, as well as organic and inorganic growth approaches, are discussed in the study. A number of companies are prioritizing new launches, product approvals, and other organic growth techniques including patents and events. These efforts have cleared the way for market participants to expand their client base and revenue. Market payers are projected to gain from lucrative growth opportunities in the future as the global Returnable Packaging market grows.
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Japan E-commerce Packaging Market Size, Share, Trends, Demand, Future Growth, Challenges and Competitive Analysis
Japan E-commerce Packaging Market study by Data Bridge Market Research provides details about the market dynamics affecting this market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.
Japan E-commerce Packaging Market report provides top to bottom assessment of the market with respect to income and developing business sector. The report encompasses several market dynamics while also evaluating the growth rate and the market value based on market dynamics and growth inducing factors. The industry analysis report is mainly explored under four major areas which are market definition, market segmentation, competitive analysis and research methodology. Japan E-commerce Packaging Market business report also covers strategic profiling of the major players in the market, comprehensive analysis of their fundamental competencies, and thereby keeping competitive landscape of the market in front of the client.
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Shifting shopping preference towards online due to convenience and the growing popularity of smart packaging are some of the drivers expected to boost E-commerce packaging demand in the market. Data Bridge Market Research analyses that the E-commerce packaging market is expected to reach the value of USD 13,396.98 million by the year 2029, at a CAGR of 16.0% during the forecast period. "Boxes" accounts for the most prominent product segment in the respective market, owing to the rise in the demand of E-commerce packaging. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Japan E-commerce Packaging Market
Chapter 3: Regional analysis of the Japan E-commerce Packaging Market industry
Chapter 4: Japan E-commerce Packaging Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Key takeaways from the Japan E-commerce Packaging Market report:
Detailed considerate of Japan E-commerce Packaging Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
Comprehensive valuation of all prospects and threat in the
In depth study of industry strategies for growth of the Japan E-commerce Packaging Market-leading players.
Japan E-commerce Packaging Market latest innovations and major procedures.
Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
Conclusive study about the growth conspiracy of Japan E-commerce Packaging Market for forthcoming years.
Some of the major market players engaged in the Japan E-commerce packaging market are International Paper, NIPPON PAPER INDUSTRIES CO., LTD., Mondi, Amcor Plc, Sealed Air, Rengo Co., Ltd., AptarGroup, Inc., WestRock Company, Yamakoh, Co., Ltd., CHUOH PACK INDUSTRY CO., LTD., and Holmen Iggesund, among others.
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#Japan E-commerce Packaging Market Size#Future Growth#Challenges and Competitive Analysis#market report#market share#market trends#market size#market analysis#market research#markettrends#marketresearch#Japan E-commerce Packaging
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Dunnage Packaging Market Applications, Global Size, Growth Analysis, Key Segments, Leading Players and Future Trends
http://dlvr.it/T2W9Cx
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Industrial Packaging Market: Strategies for Adapting to Global Supply Chain Challenges
Industrial packaging products are used across various end use industries such as manufacturing, food and beverages, automotive and construction. Industrial packaging is important as it helps in protecting, storing and transporting goods efficiently. Common industrial packaging products include wood pallets, metal pallets, plastic pallets, dunnage bags, cushioning, drum and barrels. They play a crucial role in logistics and supply chain activities of manufacturing companies.
The industrial packaging market is estimated to be valued at US$ 68,677.9 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
One of the key drivers for growth of industrial packaging market is the rising expenditure in manufacturing sector across developed as well as developing regions. For instance, according to World Bank data, the manufacturing sector output in Vietnam increased to US$ 170 billion in 2019 from US$ 150 billion in 2018, representing a healthy growth rate. Similarly, manufacturing sector spending rose substantially in countries such as India, China and certain ASEAN nations. This indicates higher production levels and increased trade volumes which will augment the demand for industrial packaging solutions during freight transportation and storage. Secondly, innovations in material science have led to new and advanced packaging materials such as renewable and biodegradable plastics. This is positively impacting the sustainable growth initiatives of end use industries.
SWOT Analysis
Strength: The industrial packaging market has strong presence of key global players with wide product portfolio. These companies have wide geographical presence and distribution network to serve various end-use industries. Technological advancements have enabled production of customized and sustainable packaging solutions.
Weakness: High initial investment requirement for setting up production facilities poses major challenge for new entrants. Dependence on raw material prices makes the industry susceptible to price fluctuations.
Opportunity: Growing e-commerce industry stimulates demand for protective and convenient packaging solutions. Rising need for safe transportation of goods is propelling innovations in packaging technology. Stringent regulations towards usage of eco-friendly materials present market opportunities.
Threats: Intense competition among existing players may lead to pricing pressure. Economic slowdowns can negatively impact production volumes across end-use industries.
Key Takeaways
The global industrial packaging market is expected to witness high growth, exhibiting CAGR of 5.4% over the forecast period, due to increasing industrial production and manufacturing activities across regions. This rising manufacturing output stimulates demand for industrial packaging from various end-use industries like chemicals, food & beverages, building & construction, and automotive. The market size for industrial packaging is projected to reach US$ 68,677.9 Mn in 2023.
Regional analysis
Asia Pacific dominates the global industrial packaging market and is expected to exhibit the fastest growth over the forecast period. This can be attributed to presence of thriving manufacturing sectors, rapid industrialization, and growing exports from countries including China, Japan, and India. North America is another substantial market owing to strong economic growth and recovery in manufacturing activities in the US and Canada.
Key players
Key players operating in the industrial packaging market are Smurfit Kappa Group, Cascades Inc., Mauser Group B.V., Grief Inc., International Paper, Nefab Group, Schutz, Sonoco, AmeriGlobe, and B.A.G. Corp. These companies are focused on expanding their footprint through acquisition strategies and capital investments in production facilities to cater to growing demand.
#Industrial Packaging Market Share#Industrial Packaging Market Growth#Industrial Packaging Market Demand#Industrial Packaging Market Trend#Industrial Packaging Market Analysis
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Dunnage Packaging Market : Increasing Demand for Efficient Management Practices Report
The global dunnage packaging market is anticipated to grow at a CAGR of 5.8% and surpass US$6.8 billion by 2032, according to Future Market Insights. greater transoceanic trade and greater import-export activity between nations both contribute to the expansion.
Along with the safe delivery of goods and services, adequate security and protection are required for product shipment. These dunnage packing options are advantageous for securing and safeguarding goods during transportation, as well as an affordable means of avoiding damage to goods.
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Therefore, end users are vying for market dominance by expanding their geographic reach through import and export or by setting up a distribution hub that drives dunnage packaging sales. In order to satisfy clients regarding the protection of their products, dunnage packaging manufacturers are utilising improved specs and quality. Market growth for dunnage packaging is anticipated as a result.
Overall, the dunnage packaging market is expected to continue to grow in the coming years, driven by the increasing demand for safe and secure transportation of goods. As global trade continues to grow and e-commerce becomes more popular, businesses will continue to seek out effective packaging solutions to protect their cargo during transportation.
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Key takeaways from the dunnage packaging market
By material, the plastic dunnage packaging segment is anticipated to remain the leading segment, accounting for around 25% of demand in 2032.
Air bags for dunnage in the product segment are estimated to hold a significant market share during the forecast period.
Based on end-use industry, the automotive segment is projected to register a CAGR of 4.8% during 2022-2032.
North America and Europe will account for nearly 55% of the global dunnage packaging market by the end of the forecast period.
Demand for dunnage packaging is anticipated to be boosted in developing economies such as China, India and others due to the use of dunnage packaging by packers and shippers.
Key Players:
ORBIS Corporation ((Menasha Corporation)
Corplex (DS Smith)
NEFAB GROUP
Amatech, Inc
Reusable Transport Packaging
Dunnage Engineering
Salco Engineering and Manufacturing Co., Inc.
KEENER Corporation
Ckdpack
UFP Technologies, Inc.
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Dunnage Packaging Market by Category
By Material:
Plastic
Paper
Metal
Wood
Foams
Others (Fabric, Rubber)
By Product:
Dunnage air bags
Inserts
Dividers
Packaging Peanuts
Others (Bubble Wraps, etc.)
By End Use Industry:
Automotive
Aerospace
Electronics
Food and Beverage
Consumer Goods
Healthcare
Logistics & Transportation
Others (Personal Care & Cosmetic, Homecare, etc.)
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa (MEA)
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