The transport packaging market is expected to generate USD 26.25 billion in revenue in 2022. The market is anticipated to grow at a CAGR of 5% to reach USD 42.76 billion by 2032.
As packaging may shield the products from contamination during transit and warehousing, it is necessary for the supply-demand chain. Packaging now includes a vital component that ensures safe shipping. Specifically, when going by road or rail overland, transport packaging focuses on the packaging needs for commodities while they are in transit.
The packing used during transportation shields the goods from dangers, extreme weather conditions, heavy rain, humidity, etc. To safeguard the items while they are in transportation, packaging producers develop their products based on regional circumstances.
Returnable transport packaging products are produced by a number of firms and utilized by several significant sectors. Returnable transport packaging assists in lowering the cost while enhancing product security and safety, which is advantageous to both the producer and the vendor/customer.
For instance, returnable packing is frequently used by automobile manufacturers to move their partially finished and fully finished vehicle parts, such as body panels, from suppliers to assembly lines.
The frequent and local transportation of bulky, high-volume car parts creates a need for strong, efficient, and long-lasting packaging goods, including pallets, racks, and dunnage.
Many international manufacturers provide a range of environmentally friendly packaging options and services. These approaches aim to make reusable packaging sustainable, increase the effectiveness of supply networks, enhance product flow, and lower total packaging costs.
This kind of packaging reduces the amount of packaging trash that ends up in landfills, making it more sustainable. In addition to increasing legal pressure over the usage of plastic packaging, manufacturers are making use of the opportunity presented by end users' increased adoption of sustainable packaging solutions to boost the reputation of their brands.
Utilizing cutting-edge innovation and in-house developed technology, several large package manufacturers are even creating high-quality, 100% recyclable laminated compact carton board goods.
They employ carton board, a robust and lightweight material that is great for cutting CO2 emissions and enhancing the image of your business. End-users receive assistance from manufacturers to secure and optimize their shipments, which results in cost savings and other advantages for the whole logistical chain.
Many manufacturers are also focusing on creating recyclable foam made of eco-friendly fibres to replace polymer foams and provide brand owners with sustainable packaging options.
Additionally, some producers are creating unique containers through which oil may be carried when it is exported to other nations to satisfy customer demand. As a result of this development, metal drums have been gradually replaced as the primary container for palm and coconut oils.
| Attributes | Details |
|---|---|
| Transport Packaging Market CAGR | 5% |
| Transport Packaging Market (2022) | USD 26.25 Billion |
| Transport Packaging Market (2032) | USD 42.76 Billion |
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Packaging is required for the supply-demand chain as it can protect the goods from contamination during transportation and warehousing. In recent times, providing safe transportation has become an important aspect of packaging. Transport packaging mainly focuses on the packaging requirements for goods while they are transit, particularly while traveling by road or rail overland.
As a result, it is the responsibility of packaging manufacturers to design as per local conditions and protect the goods while they are transit. Transport packaging protects the cargo from elements such as accidents, excessive temperature or heavy rain, humidity, etc. Due to all these features of transport packaging, the market is expected to grow tremendously over the forecast period 2017-2025.
Transport packaging must have several stages of transit before reaching its final destination. It includes off-loading, repackaging and reloading of the cargo. Transport packaging should be versatile so that it can facilitate this process whenever necessary.
The increase in shipping and logistic business are the key factors augmenting the growth of transport packaging. Transport packaging market is expected to grow at a CAGR of 5% over the forecast period. Transport packaging is the most important part of logistics for various industries such as agriculture, automotive, building & construction, chemicals & pharmaceuticals, electrical & electronics, oil & lubricants, etc.
Transport packaging also helps in optimizing the package shape of the product so that it can reduce the distribution cost without compromising the protection of the goods. Furthermore, transport packaging is benefited by various innovations and rapid development within the industries across the globe.
In addition, with the growth of emerging economies in the field of the industrialization, transport packaging has been impacted positively and is expected to witness a healthy growth. Moreover, the market for transport packaging is hampered by various environmental concerns from chemicals for industrial packaging in transportation.
Principal Consultant
The global transport packaging market can be divided into seven major regions which are as follows:
North America region is expected to dominate the market for transport packaging over the forecast period due to its large shipping and cargo industry. Europe region is also expected to witness an above average growth for transport packaging market over the forecast period.
In Asia Pacific region, transport packaging market is expected to witness the highest growth over the forecast period due to its large logistic and shipping industry. Furthermore, the rising supremacy of Asia Pacific region is creating opportunities for packaging manufacturers due to its high economic growth rate for rapid industrialization. Latin America and the Middle East & Africa region are expected to witness steady growth for transport packaging market.
Few of the key players in transport packaging are SGS SA, Eltete TPM Ltd., Nefab AB, International Paper Co, BEUMER Group GmbH & Co. KG, Papier-Mettler KG, Deufol SE, Honeycomb Cellpack A/S, Mondi Group PLC, Borealis AG, Dongguan Uni-Packing Heavy-Duty Packing Technology Co., Ltd., Yinghua Plastic Products Co., Ltd., Forest Printing & Packing Co., Ltd., Shenzhen Sihai Packaging Material Co., Ltd., Hengxin Industry Co., Limited, etc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.
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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.
The transport packaging can be segmented by the material type, by packaging type, and by end use industry.
The market is likely to register a CAGR of 5% through 2032.
The market is currently valued at USD 26.25 Billion in 2022.
The market is likely to grow to a valuation of USD 42.76 Billion by 2032.
North America is likely to be a leading market during the forecast period.
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. Packaging Type 6.3. End Use Industries 7. Global Market Analysis and Forecast, By Material Type 7.1. Plastic 7.2. Polyethylene (PE) 7.3. Polypropylene (PP) 7.4. Polyethylene Terephthalate (PET) 7.5. Polyvinyl Chloride (PVC) 7.6. Ethylene Vinyl Alcohol (EVOH) 7.7. Others 7.8. Paper & Paperboard 7.9. Metal 7.10. Wood 7.11. Others 8. Global Market Analysis and Forecast, By Packaging Type 8.1. Cartons 8.2. Wooden crates 8.3. Containers 8.4. Corrugated boxes 8.5. Barrels 8.6. IBCs 8.7. Strapping 8.8. Others 9. Global Market Analysis and Forecast, By End Use Industries 9.1. Agriculture 9.2. Automotive 9.3. Building & Construction 9.4. Chemicals & Pharmaceuticals 9.5. Food & Beverages 9.6. Metallurgical 9.7. Oil & Lubricants 9.8. Electrical & Electronics 9.9. Others 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. Asia-Pacific 10.6. Japan 10.7. The Middle East and 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. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Asia-Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. Japan Sales Analysis and Forecast, by Key Segments and Countries 17. The Middle East and Africa Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Material Type, Packaging Type, and End Use Industries for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. SGS SA, Eltete TPM Ltd. 20.2. Nefab AB 20.3. International Paper Co 20.4. BEUMER Group GmbH & Co. KG 20.5. Papier-Mettler KG 20.6. Deufol SE 20.7. Honeycomb Cellpack A/S 20.8. Mondi Group PLC 20.9. Borealis AG 20.10. Dongguan Uni-Packing Heavy-Duty Packing Technology Co., Ltd. 20.11. Yinghua Plastic Products Co., Ltd. 20.12. Forest Printing & Packing Co., Ltd. 20.13. Shenzhen Sihai Packaging Material Co., Ltd. 20.14. Hengxin Industry Co. 20.15. Limited, etc.
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