Global Dunnage Packaging Market 2024-2028
The dunnage packaging market is forecasted to grow by USD 980.1 mn during 2023-2028, accelerating at a CAGR of 5.32% during the forecast period. The report on the dunnage packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in e-commerce industry, expanding end-user industries globally, and increased awareness about benefits of dunnage packaging.
Technavio's dunnage packaging market is segmented as below:
By Material
- Plastic
- Paper
- Foam
- Wood
- Others
By Application
- Automotive
- Food and beverage
- Electronics
- Consumer goods
- Others
By Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the rising international trade as one of the prime reasons driving the dunnage packaging market growth during the next few years. Also, shift towards using eco-friendly and recyclable materials in packaging and availability of customized dunnage packaging solutions will lead to sizable demand in the market.
The report on the dunnage packaging market covers the following areas:
- Dunnage packaging market sizing
- Dunnage packaging market forecast
- Dunnage packaging market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading dunnage packaging market vendors that include ALLPACK PACKAGING LTD, Amatech Inc., Buckhorn Inc., Corplex, Dordan Manufacturing Co., Flex Container., GWP Group Ltd., IPS Packaging and Automation, JIDA Industrial Solutions, MJSolpac Ltd, NEFAB GROUP, ORBIS Corp., Packaging Corp. of America, PolyFlex Pro, Reusable Transport Packaging, Salco Engineering & Manufacturing Co., Schoeller Allibert, Signode Industrial Group LLC, Sonoco Products Co., TriEnda Holdings LLC, and UFP Industries Inc.. Also, the dunnage packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.