Delray Beach, FL, June 26, 2025 (GLOBE NEWSWIRE) -- The Protective Packaging Market is projected to grow from USD 33.3 billion in 2023 to USD 44.5 billion by 2028 at a CAGR of 5.9%, as per the recent study by MarketsandMarkets™. Protective packaging refers to materials and techniques employed to safeguard products during storage, transportation, and handling. Its primary objective is to prevent damage, breakage, or contamination of goods, ensuring their integrity and quality upon arrival to the end-user. Protective packaging can include a variety of materials such as foam, bubble wrap, corrugated cardboard, and molded pulp, as well as methods like cushioning, void fill, and shock absorption. The protective packaging market is propelled by numerous factors, notably the escalating need for ensuring the safe and reliable conveyance of goods across diverse sectors like e-commerce, pharmaceuticals, electronics, and food and beverage.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=39055502
Browse in-depth TOC on “Protective Packaging Market”
675 - Market Data Tables
63 – Figures
385 - Pages
List of Key Players in Protective Packaging Market:
- Smurfit Kappa Group (Ireland)
- Sealed Air (US)
- Sonoco Products Company (US)
- Crown Holdings Inc. (US)
- DS Smith plc (UK)
- PREGIS LLC (US)
- Intertape Polymer Group Inc. (US)
- Pro-Pac Packaging Ltd. (Australia)
- Storopack Hans Reichenecker GmbH (Germany)
- Ranpak Holdings Corp. (US)
Drivers, Opportunities and Challenges in Protective Packaging Market:
- Drivers: Increasing international trade
- Restraint: Stringent regulations for packaging
- Opportunity: Developing new sustainable packaging options
- Challenge: Maintaining product quality
Get Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=39055502
Key Findings of the Study:
- By Material, paper & paperboard is expected to be fastest growing segment during the forecast period
- By Type, flexible protective packaging is expected to be fastest-growing segment during the forecast period
- The cushioning is expected to experience significant growth during the forecast period.
- By Application, Consumer electronics is expected to experience significant growth during the forecast period.
- Asia Pacific is the largest market during the forecast period.
Based on material, the Paper & Paperboard segment is projected to register the highest CAGR during the forecast period. The increasing emphasis on sustainability and environmental responsibility has led many industries to seek eco-friendly packaging alternatives, and paper-based materials align perfectly with these objectives. As consumers become more conscious of the environmental impact of packaging waste, there has been a significant shift towards paper and paperboard solutions, which are renewable, recyclable, and biodegradable, offering a greener alternative to traditional plastic packaging.
Based on type, the Flexible Protective Packaging is projected to register the highest CAGR during the forecast period. The flexibility and versatility of these packaging solutions make them ideal for a wide range of applications across various industries. From food and beverage to pharmaceuticals and electronics, flexible packaging offers adaptability and scalability, accommodating different shapes, sizes, and product requirements. This versatility enables manufacturers to streamline their packaging processes, reduce material waste, and optimize storage space, contributing to cost savings and operational efficiency.
Based on function, the Cushioning segment is projected to register the highest CAGR during the forecast period. As e-commerce continues to surge globally, there is a heightened need to ensure the safe transportation of goods from warehouses to consumers' doorsteps. Cushioning plays a crucial role in protecting products during transit, minimizing the risk of damage caused by shocks, vibrations, and rough handling throughout the supply chain. With the rise of online shopping and the increasing complexity of logistics networks, effective cushioning solutions have become indispensable for safeguarding products and preserving their integrity during shipping and delivery.
Get Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=39055502
Based on application, the food and beverage segment is projected to register the highest CAGR during the forecast period. In recent years, the demand for protective packaging has surged across various industries, with the food and beverage sector emerging as a significant driving force behind this growth. With consumers increasingly prioritizing convenience, safety, and sustainability in their food choices, manufacturers are under pressure to deliver products that meet these expectations while maintaining freshness and quality. As a result, the need for innovative and effective protective packaging solutions has become paramount within the food and beverage industry.
Based on region, Asia Pacific is projected to register the highest CAGR during the forecast period. The robust growth of e-commerce and the increasing adoption of online shopping platforms across Asia Pacific countries have significantly boosted the demand for protective packaging solutions. As consumers continue to embrace the convenience of online shopping, there is a pressing need for packaging materials that can ensure the safe and secure transportation of goods, driving the demand for protective packaging across various industries.
Smurfit Kappa Group is a leading provider of paper-based packaging solutions, with a global presence spanning over 35 countries. The company manufactures, distributes, and sells containerboards, corrugated containers, and other paper-based packaging products, such as solid boards, graphic boards, and bag-in-box. It operates through the Packaging and Paper business segments. The Packaging segment designs, manufactures, and supplies paper-based packaging to package, promote, and protect customers’ products. The Paper segment manufactures a wide range of papers mainly used for packaging purposes. The company’s total global paper and board capacity is approximately 8.4 million tons per annum. It has a presence in North America, South America, and Europe.
Browse Adjacent Markets Packaging Market Research Reports
Related Reports:
- Flooring Market
- Underwater Concrete Market
- Heavy Construction Equipment Market
- Graphite Market
- Biocides Market
About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarkets™ INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445, USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: www.marketsandmarkets.com
