Global Backfill and Void Fill Products Market Growth 2023-2029
Simply put, void fill packaging fills up the excess space—the void—around a product in a box. This provides adequate cushioning and protection during shipping and storage.
The most obvious reason that anybody would need to use void fill is to protect items en route and during transit. By filling empty space or cushioning around your item you are automatically reducing the impact on item. This is not just necessary for fragile items but for most items as nobody doesn’t want customers to be dissatisfied with the way that the product has been handled.
LPI (LP Information)' newest research report, the “Backfill and Void Fill Products Industry Forecast” looks at past sales and reviews total world Backfill and Void Fill Products sales in 2022, providing a comprehensive analysis by region and market sector of projected Backfill and Void Fill Products sales for 2023 through 2029. With Backfill and Void Fill Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Backfill and Void Fill Products industry.
This Insight Report provides a comprehensive analysis of the global Backfill and Void Fill Products landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Backfill and Void Fill Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Backfill and Void Fill Products market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Backfill and Void Fill Products and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Backfill and Void Fill Products.
The global Backfill and Void Fill Products market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Backfill and Void Fill Products is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Backfill and Void Fill Products is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Backfill and Void Fill Products is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Backfill and Void Fill Products players cover Storopack, Intertape Polymer Group, Sealed Air, Pregis, Seaman Paper, Polycell, Ameson Packaging, Ranpak and Southgate, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Backfill and Void Fill Products market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Paper
Plastic
Others
Segmentation by application
Retail Packaging
Automotive
eCommerce
Consumer Products
Medical
Food Industry
Industrial Manufacturing
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Storopack
Intertape Polymer Group
Sealed Air
Pregis
Seaman Paper
Polycell
Ameson Packaging
Ranpak
Southgate
Key Questions Addressed in this Report
What is the 10-year outlook for the global Backfill and Void Fill Products market?
What factors are driving Backfill and Void Fill Products market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Backfill and Void Fill Products market opportunities vary by end market size?
How does Backfill and Void Fill Products break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook