Global Transport Packaging Market Size By Material Type (Plastics, Paper & Paperboard, Metal), By Packaging Type (Cartons, Wooden Crates, Containers), By End-User (Agriculture, Automotive, Chemicals & Pharmaceuticals), By Geographic Scope And Forecast

Transport Packaging Market Size And Forecast

Transport Packaging Market size was valued at USD 143.2 Billion in 2022 and is projected to reach USD 215.9 Billion by 2030, growing at a CAGR of 5.37% from 2024 to 2030.

The Global Transport Packaging Market is witnessing rapid growth in the assessment period due to its various end-user applications in the packaging industry. Transportation packaging serves several crucial functions in the shipping and logistics industry, and it offers numerous advantages like protection, and security of products, and helps in identification. The Global Transport Packaging Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Transport Packaging Market Definition

Transport packaging, often referred to as transit packaging or shipping packaging, serves as a critical component of the shipping process, encompassing various materials and techniques employed to shield goods and products during their journey from manufacturer or distributor to the end consumer. Its fundamental purpose is to ensure that these items arrive at their destination intact and free from damage, all while streamlining handling, storage, and distribution. This pivotal role extends to safeguarding products against physical harm, environmental factors, theft, and contamination throughout their transit.

Global Transport Packaging Market Overview

The global marketplace is experiencing a remarkable surge in international trade engagements. This is driving the market growth. The increasing number of international trade activities plays a pivotal role in driving the growth of the transport packaging industry. This growth is marked by several interrelated factors that collectively contribute to the industry’s expansion. One fundamental aspect is the substantial expansion in the global trade volume over the past decade. According to the World Trade Organization (WTO), the volume of world merchandise trade is projected to grow by about ~25% between 2020 and 2030. This growth is underscored by statistics from the World Trade Organization (WTO), revealing a substantial increase in the volume of world merchandise trade. The rise in trade activities translates to a heightened demand for transport packaging solutions to ensure the secure and efficient transit of goods across borders.

Furthermore, international trade fosters a demand for specialized packaging. As diverse industries engage in global commerce, the need for tailored transport packaging solutions becomes paramount. This customization is driven by the unique requirements of different product categories, such as electronics, pharmaceuticals, and automotive parts, each necessitating specialized packaging solutions to safeguard their integrity during international transit. The rise of e-commerce has led to an unprecedented increase in the volume of goods being shipped globally. Online retailers, such as Amazon, Alibaba, and eBay, are continuously expanding their reach, resulting in a surge in cross-border shipments. Consumers now expect fast and reliable delivery of their online purchases. Companies like Amazon have introduced services like Amazon Prime, offering expedited shipping options.

This trend compels e-commerce businesses to prioritize efficient packaging that ensures the safe and timely delivery of products. E-commerce companies recognize the value of branding and personalization in their packaging, positively impacting the demand. Economic uncertainties, such as recessions or financial crises, can lead to reduced consumer spending and business investments, resulting in decreased demand for products and subsequently affecting the transport packaging industry’s growth. Stringent environmental regulations and sustainability concerns pose challenges as packaging materials and practices must align with eco-friendly standards, increasing costs and constraining traditional packaging options

Global Transport Packaging MarketSegmentation Analysis

The Global Transport Packaging Market is segmented on the basis of Material Type, Packaging Type, End-User, and Geography.

Transport Packaging Market, By Material Type

• Plastics
  1. Polyethylene (PE)
  2. Polypropylene (PP)
  3. Polyethylene Terephthalate (PET)
  4. Polyvinyl Chloride (PVC)
  5. Ethylene Vinyl Alcohol (EVOH)
  6. Others
• Paper & Paperboard
• Metal
• Wood
• Others

Based on Material Type, the market is segmented into Plastics, Paper & Paperboard, Metal, Wood, and Others. The Paper and paperboard segment will have the highest market share in the assessment timeline. Paper and paperboard are commonly used materials in the transport packaging industry due to their versatility, sustainability, and cost-effectiveness. They offer a range of advantages when it comes to packaging goods for transportation. Paper and paperboard are favored in transport packaging because they are lightweight, recyclable, and biodegradable, aligning with sustainability goals.

Transport Packaging Market, By Packaging Type

• Cartons
• Wooden Crates
• Containers
• Corrugated Boxes
• Barrels
• Others

Based on Packaging Type, the market is segmented into Cartons, Wooden Crates, Containers, Corrugated Boxes, Barrels, and Others. The Corrugated Boxes segment will have the highest market share in the study timeline. Corrugated boxes are versatile and can be used for a wide range of products, from electronics and textiles to food items and consumer goods. Corrugated boxes can be easily customized in terms of size, shape, and printing. They can also incorporate inserts and partitions for added protection and organization. These boxes provide cushioning and protection to the contents, minimizing the risk of damage during transportation.

Transport Packaging Market, By End-User

• Agriculture
• Automotive
• Chemicals & Pharmaceuticals
• Food & Beverage
• Electronics & Electrical
• Others

Based on End-User, the market is segmented into Agriculture, Automotive, Chemicals & Pharmaceuticals, Food & Beverages, Electronics & Electrical, and Others. The Electronics and electrical industry deals with a wide range of products, including delicate electronic components, consumer electronics, and larger electrical equipment. Transport packaging plays a critical role in protecting these sensitive and often high-value items during transit. Packaging must safeguard against physical damage, electrostatic discharge (ESD), and environmental factors like humidity and temperature fluctuations.

Transport Packaging Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

On the basis of Geography, the Global Transport Packaging Market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region held the highest market share in the Global Transport Packaging Market in the year 2022. The Asia-Pacific region is a global trade hub, with many of the world’s busiest ports and shipping routes. The massive flow of goods, both within the region and to international markets, requires extensive transport packaging solutions to ensure the safe and efficient movement of products. The logistics and shipping sector depends on secure and robust packaging to protect cargo during transit.

Key Players

The “Global Transport Packaging Market” study report will provide valuable insight with an emphasis on the global market including some of the major players of the industry are Eltete TPM, Nefab AB, International Paper Co., BEUMER Group, Papier Mettler, BEWI, Mondi Group, Borealis, Inmark, Forest Printing & Packaging, LEAP, Constantia Flexible, North American Yinghua Plastics Product.

Our market analysis offers detailed information on major players wherein our analysts provide insight into the financial statements of all the major players, product portfolio, product benchmarking, and SWOT analysis. The competitive landscape section also includes market share analysis, key development strategies, recent developments, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In July 2023, International Paper announced its newest state-of-the-art corrugated packaging facility in Atglen, PA. This will help International Paper to expand its market share in the corrugated packaging industry.
• In July 2023, Nefab announced the opening of a new manufacturing facility in Chihuahua, Mexico. This will the company to expand its presence in the North American region.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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