Dunnage Packaging - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Dunnage Packaging Market is accounted for $2.83 billion in 2018 and is expected to reach $5.20 billion by 2027 growing at a CAGR of 7.0% during the forecast period. Increasing urban population and rising demand for dunnage packaging from end-user industries are the major factors driving the market growth. However, the difficulty faced by small manufacturers and new entrants while investing in highly advanced equipment is restraining market growth.
Dunnage packaging is used in various fields like automotive, electronics, aerospace, food & beverages, and medical. This method of packaging is very promising and beneficial in industries which improve efficiency by minimizing the number of containers required for keeping individual article.
Based on the end-user, the electronics segment is likely to have a huge demand due to the high demand for eco-friendly, and 360-degree product safety property. This packaging helps in lightweight packaging for machinery while maintaining structural integrity. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the presence of a more number of manufacturers and increasing demand for this packaging in the various end-use industries.
Some of the key players profiled in the Dunnage Packaging Market include UFP Technologies, Schoeller Allibert, Reusable Transport Packaging, Rehrig Pacific Company, Packaging Corporation of America, Nefab Group, Myers Industries, Mjsolpac Ltd., Menasha Corporation, Interior Packaging Design, LLC, Gwp Group, Dunnage Engineering, DS Smith, Ckdpack Packaging Inc., Amatech Inc., Artisanz Fabrication and Machine, LLC, Jida Industrial Solutions, Keener Corporation, Package Design & Manufacturing, and Salco Engineering & Mfg.
• Molded Plastic
• Corrugated Paper
• Corrugated Plastic
• Fabric Dunnage
• Other Materials
End Users Covered:
• Food & Beverages
• Consumer Durables
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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 2017, 2018, 2019, 2023 and 2027
- 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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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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