The global Packaging Inserts Cushions Market size was value at USD 5.3 Billion in 2022 and is expected to reach a value of USD 8.95 Billion in 2032 and register a revenue CAGR of 6% during the forecast period. The rise in demand for Protective Packaging solutions across various end-use sectors and the rising need for environmentally friendly and sustainable packaging materials are the main drivers of the market revenue growth.
The demand for effective and dependable packaging solutions has substantially expanded with the expansion of e-commerce. Due to their capacity to protect delicate and fragile goods during handling and transportation, package insert cushions, including air pillows, foam inserts, and paper cushioning, have become increasingly popular. Moreover, as consumers want goods delivered safely and undamaged, the desire for online shopping has further fueled the market's expansion.
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Top Companies Profiled in the Report:
The global packaging inserts cushions market is highly competitive, with numerous players operating in the market. These players are adopting various strategies such as mergers acquisitions, partnerships, and product launches to gain a competitive edge. Some of the major companies operating in the global packaging inserts cushions market are:
- Sealed Air Corporation
- Storopack Hans Reichenecker GmbH
- Pregis LLC
- Ranpak Corp
- FP International
- Intertape Polymer Group Inc.
- Polyair Inter Pack Inc.
- Automated Packaging Systems Inc.
- Ball Corporation
- Plastifoam Company
Strategic Development:
In 2021, Sealed Air Corporation announced that it had acquired GWP Group Limited, a UK-based manufacturer of protective packaging solutions. The acquisition was aimed at expanding Sealed Air's product offerings in the protective packaging market and strengthening its presence in the UK.
In 2020, Storopack Hans Reichenecker GmbH announced that it had acquired the European business of Tempack Packaging Solutions, a Spanish manufacturer of temperature-controlled packaging solutions. The acquisition was aimed at expanding Storopack's product offerings in the temperature-controlled packaging market.
In 2020, Pregis LLC announced that it had acquired So.Pr.Ad. SRL, an Italian manufacturer of protective packaging solutions. The acquisition was aimed at expanding Pregis' product offerings in the protective packaging market and strengthening its presence in Europe.
In 2020, Ranpak Corp announced that it had acquired E3NEO, a French manufacturer of paper-based protective packaging solutions. The acquisition was aimed at expanding Ranpak's product offerings in the paper-based protective packaging market and strengthening its presence in Europe.
Packaging Inserts Cushions Market Segmentation:
By Material Type Outlook:
- Foam
- Plastic
- Paper
- Others
By Product Type Outlook:
- Bubble Wrap
- Air Pillows
- Paper Fillers
- Foam Inserts
- Others
By Application Outlook:
- Food Beverages
- Electronics
- Pharmaceuticals
- Cosmetics Personal Care
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Some Points on How the Report Benefits Readers:
- Deep-dive analysis of the key drivers, opportunities, and restraints.
- Qualitative and quantitative analyses of the global Packaging Inserts Cushions market.
- Comprehensive analysis of the key regional markets and their respective revenue CAGRs.
- Precise evaluation of each regional market’s production consumption capacities.
- An overview of the highly competitive environment of the Packaging Inserts Cushions industry and company overviews.
- Focus on the key strategies implemented by the key market players, such as partnerships, collaborations, acquisitions, new product launches, and various other strategies.
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