Global High Pressure Protective Packaging Films Market Trends, Applications, Analysis, Growth, and Forecast to 2027
"Global High-Pressure Protective Packaging Films Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz. The global high pressure protective packaging films market report has been segmented on the basis of product type, end-user, and region.
High-pressure protective packaging films support to sealed the air within the cells for extended period of time to protect products that requires longer storage and shipping cycles. The protective films are a lighter option designed for packaging a product that require high-pressure cushioning and protection. It includes bubble packaging, and Void-fill pillows. It is designed for all types of applications, with the objective of protecting it from any kind of damages. The primary focus of high-pressure protective packaging films is to reduce volumes and weight of incoming and outgoing packaging materials, reducing cost while providing product protection using advanced and proven technology.
The rise in e-commerce purchase is the key factor expected to boost demand for high pressure protective packaging films and drives growth of the global market. Consumer awareness, emergence of new materials, and R&D operations expected to push for innovative products over the forecast period. Moreover, increasing adoption for protective packaging in various sector across the globe is the ongoing trend observed, which is expected to support market growth in the near future.
Recent trend shows that, increasing awareness regarding the use of eco-friendly products can be a major factor for growth of high pressure protective packaging films market. Product manufacturers have greater demand on packaging films to reduce their prices to maintain balance between innovation and product costs. Most of the companies shifting towards more parcel shipping and expanding geographic customer base, requirements for packaging are changing.
However, substitutes for high pressure protective packaging films such as paper and foam may hamper demand for the high pressure protective packaging films and restrain growth of the global market over the forecast period.
On the basis of product type, the market is segmented into bubble wrap and air pillows. Bubble wrap segment is expected to hold significant share in the market over the forecast period. It is projected to be the most lucrative segment during the forecast period, owing to the increase in trend for the online shopping.
On the basis of end-user, global market is segmented into aerospace, electronics, e-commerce, automotive, housewares, and pharmaceutical. e-commerce segment dominates the global market and expected to witness significant growth over the forecast period.
Currently, the market in the Asia Pacific dominates the high pressure protective packaging films market in terms of revenue. Rise in the manufacturing activities coupled with growing e-commerce sector which is expected to boost growth of the Asia Pacific market. North America high pressure protective packaging films market is expected to hold the significant share in global market due to concerns and awareness for sustainable packaging technologies. Market in Europe expected to witness a lucrative growth in the near future, followed by North America. Furthermore, Middle East and Africa market are likely to witness a growth owing to rising urbanization coupled with growing disposable income which is projected to contribute towards the increasing demand for the target market over the forecast period.
Segmentation on the Basis of Product Type:
- Bubble wrap
- Void-fill Pillows
Segmentation on the Basis of End-user:
Segmentation on the Basis of Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Pregis Corporation
- Sealed Air Corporation
- Rajapack Ltd
- Automated Packaging System, Inc.
- Ivex Protective Packaging Inc
- Future Packaging and Machinery (Pty) Ltd
- Abco Kovex Ltd
- Barton Jones Packaging Ltd
- Tarheel Paper & Supply Company
- DowDuPont Inc.
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