Global Protective Packaging Industry Report Key Players Analysis
Added: (Sat Jan 22 2022)
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Stratistics MRC's Global Protective Packaging Market Key players analysis - Smurfit Kappa Group, Winpak Ltd., DS Smith Plc, Sealed Air Corporation, Sonoco Products Company, The DOW Chemical Company, Westrock, Huhtamaki Group, International Paper Company, and Bayer AG.
Protective packaging offer protection to the products and prevents them these products from external environment and human carelessness. Protective packaging provides fireproofing, electrical insulation, vibration or shock dampening, and vapor or moisture protection for products. Protective packaging offers two key benefits such as reduction in damage and cost saves. In addition, protective packaging offers key benefits such as assurance through supporting and blocking, adaptable padding, void fill, protective control, surface security, and wrapping. Protective packaging is involved in various applications including electronics, pharmaceutical, and food industries.
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On the basis of geography, Asia Pacific region is expected to have considerable market growth during the forecast period, due to the large customer base for household appliances and consumer electronics, due to the growth in population in countries of this region. Countries such as China and India are predicted to witness the highest growth within the region. Manufacturers are focusing on developing low-cost protective packaging options. Moreover, higher disposable income in developing countries such as India, China, and Indonesia increases the purchasing power of customers. Hence, consumer dependence on processed, pre-cooked and packed foods is likely to increase. As a result, protective packaging market has been impacted, positively.
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Some of the key players in Protective Packaging Market include Smurfit Kappa Group, Winpak Ltd., DS Smith Plc, Sealed Air Corporation, Crown Holdings Inc., Cascades Inc., Sonoco Products Company, Kureha Corporation, Coveris Holdings S.A., The DOW Chemical Company, Pregis Corporation, Westrock, Intertape Polymer Group Inc., Huhtamaki Group, International Paper Company, Litco International, Inc., and Bayer AG.
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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