The North America Protective Packaging Market size is estimated at USD 9.36 billion in 2024, and is expected to reach USD 10.87 billion by 2029, growing at a CAGR of 3.05% during the forecast period (2024-2029).
The demand for protective packaging in North America is predicted to rise due to the introduction of biodegradable plastics. It aids in lowering carbon emissions and plastic pollution nationwide.
The North American protective packaging market is consolidated and consists of a few players generating significant revenue share in the market and providing the products and solutions. Vendors in the market focus on product innovations and strategic initiatives such as mergers and acquisitions and partnerships to capture the market share. Some of the recent developments in the market are:
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