Protective Packaging Market is expected to grow 35.82 Billion USD by 2020

Posted on
by

The protective packaging market has been growing in accordance with the growth in the manufacturing and e-commerce industries. The rising production and the growing trend of Internet shopping worldwide highlight the need for protective packaging, which can prevent damages to the product while transporting, storing, and handling.

The report “Protective Packaging Market by Material (Foam Plastics, Paper & Paperboard, Plastics), Product Type (Flexible, Rigid, Foam), Function (Cushioning, Blocking & Bracing, Void-fill, Insulation, Wrapping), Application (Food & Beverage, Consumer Electronics, Industrial Goods, Automotive, Household Appliances, Health Care) – Trends & Forecast to 2020” defines and segments the global protective packaging market with analyses and forecasting of the global market size for protective packaging. It also identifies the driving and restraining factors of the market with an analysis of trends, opportunities, burning issues, winning imperatives, and challenges.

Browse 228 tables and 58 figures spread through 157 Pages and in-depth TOC on “Protective Packaging Market – Trends & Forecast to 2020″

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=39055502

MarketsandMarkets: Global Protective Packaging Market is expected to reach USD 35.82 Billion by 2020.

The market is segmented and the market sizes are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). The key countries are covered and their market sizes have been forecasted for each region.

The protective packaging market is mostly driven by the rising e-commerce industry and manufacturing activities, increase in the Internet penetration, and the increase in spending by end consumers for packaged products through e-retailing channels. Rising concerns towards the environment and stringent regulations towards packaging waste are encouraging manufacturers to increase their investments in R&D activities to develop sustainable protective packaging materials that can be renewed, recycled & reused.

The global protective packaging market is projected to reach USD 35.82 Billion by 2020, with a CAGR of 6.39% from 2015-2020. The Asia-Pacific region accounted for around 37% of the total market share in terms of value, followed by the North American and European regions.

Some of the key players in the market include Smurfit Kappa Group plc (Ireland), RockTenn Company (U.S.), Sealed Air Corporation (U.S.), Sonoco Products Company (U.S.), Huhtamaki OYJ (Finland), and DS Smith Plc (U.K.).

Make an Enquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=39055502

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Website: www.marketsandmarkets.com

Media Contact
Company Name: MarketsandMarkets INC.
Contact Person: Rohan
Email: news-letter@marketsandmarkets.com, sales@marketsandmarkets.com
Phone: 1-888-600-6441
Address:701 Pike Street, Suite 2175
City: Seattle
State: WA
Country: United States
Website: http://www.marketsandmarkets.com/Market-Reports/direct-fed-microbial-market-91112718.html