The global sales of case material are estimated to be worth USD 2.0 billion in 2021 and are anticipated to reach a value of USD 2.9 billion by 2031. Sales are projected to rise at a CAGR of 3.5% over the forecast period between 2021 and 2031. The revenue generated by case material in 2020 was USD 1.9 billion.
The demand for case material arises because of the increasing need for durable, lightweight, and cost-effective materials across industries dealing in electronics, automotive, and consumer goods. There is an upward trend toward sustainable and recyclable case materials since manufacturers mostly focus on delivering better product protection while reducing the environmental impact of their products.
The technological advancement in material science, such as high-performance composites, also leads to driving factors behind market growth. This, together with the growth in e-commerce and the need for solid packaging, keeps the demand for innovation in case materials on the forefront.
Global Case Material Industry Assessment
Attributes | Key Insights |
---|---|
Historical Size, 2020 | USD 1.9 billion |
Estimated Size, 2021 | USD 2.0 billion |
Projected Size, 2031 | USD 2.9 billion |
Value-based CAGR (2021 to 2031) | 3.5% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Packaging industries are the prime utilizers of case material due to recent development on online shopping patterns. The packaging industry continues to emphasize the importance of shipments during inclement weather.
Due to better physical and chemical properties plastic will outshine metals as raw material despite of strict environmental regulations. On the other hand, players in the case material industry may face problems as a result of the growing popularity of 'custom-designed' paper-based protective cases, which offer cost savings.
But with increasing regulation by various government bodies for environment protection to control global warming has created clouds of worry for the manufacturers. Increasing the variety of a diverse range of materials - including plastic, metal, and leather - to experiment with and stimulate creativity, manufacturers have a lot of options to choose from.
Furthermore, the adaptability of plastic materials for the production of cases of any shape or size, as well as their lightness and strength, is expected to remain a crucial lever for their widespread acceptance. In turn, as consolidation-seeking manufacturers become more concerned about environmental sustainability, metal's importance in the development of protective casings will expand at an exponential rate.
The prominent regions included in the FMI on “Global case material market” are North America, Latin America, Europe, East Asia, South Asia & Oceania and Middle East and Asia.
Asia Pacific is prominent region holding major revenue share of market. As China is the largest producer and exporter of plastic goods. India and Japan are following the footprints of China due to high demand of product from all over the globe.
During the evaluation period, the regional market is expected to be driven by changing lifestyles and rising disposable income. Rapid development and an increase in the number of households due to population expansion are two other major drivers propelling market growth in the region.
Succeeding Asia Pacific followed by Europe in which Germany accounts for the majority of the market share in Europe market and is predicted to grow at a CAGR of 3.4% over the forecast period. The market in the region is being driven by the high use of various types of cookware which need to transported and packed for safe delivery.
Whereas, North America and Latin America are anticipated to capture a significant portion of the market share. On the other hand MEA, is showing the stagnant growth throughout the projection period.
Plastic is preferred by manufacturers for protective cases. During the projected period, polypropylene is expected to lead the market in terms of market share. These cases are used to safeguard components and consumer products from harm, such as electronic components, military equipment, and delicate items that must be protected from environmental changes.
Polypropylene's high heat coefficient, combined with its excellent impact resistance, gives great value to protective case qualities. Leading players are opting for aluminum over steel in metal protective cases, which is predicted to rise at a significant rate over the projection period.
The major players in the case material market
The capacity of market participants to adapt to the changing nature of the cases material market is critical to their success. Manufacturers requires to go beyond their traditional production capabilities to fulfil the latent potential of custom development, ensuring their clients' loyalty.
Expanding the value-added product portfolio might provide improved exposure prospects for market participants in this concentrated context, where there are a few, yet well-established market leaders.
Players are aggressively pursuing a substantial portion of the market, utilizing both organic and inorganic expansion strategies. Alliances, acquisitions, and a steady expansion of their global internet sales and distribution network were the main goals.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Material Type 6.2. Sales Channel 6.3. End-User 7. Global Market Analysis and Forecast, By Material Type 7.1. Plastic 7.2. Metal 7.3. Leathers 7.4. Others 8. Global Market Analysis and Forecast, By Sales Channel 8.1. Super Market/ Hyper Market 8.2. Brands Stores 8.3. Retail Stores 8.4. Online Sales 9. Global Market Analysis and Forecast, By End-User 9.1. Food and Beverage Industry 9.2. Chemical Industry 9.3. Automotive Industry 9.4. Chemical Industry 9.5. Defense 9.6. Others 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. East Asia 10.5. South Asia & Pacific 10.6. Middle East & Africa 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Europe Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Material Type, Sales Channel, and End-User for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Suprobox 19.2. Nefab Group 19.3. GMOHLING Transportgeräte GmbH 19.4. GT Line S.r.l. 19.5. PARAT Beteiligungs GmbH 19.6. Pelican Products, Inc. 19.7. SKB Corporation, Inc 19.8. C.H. Ellis Company, Inc. 19.9. ZARGES GmbH 19.10. Gemstar Manufacturing Inc. etc.
Explore Packaging Insights
View Reports