Dunnage Packaging Market to be worth US$ 6.8 Billion by 2032, Get Insights FMI

The market for dunnage packaging is expected to reach US$ 6.8 billion by 2032, at a CAGR of 5.8% from 2022 to 2032, from an estimated US$ 3.9 billion in 2022.

The dunnage packaging market is a segment of the packaging industry that is dedicated to the design, production, and distribution of packaging materials that protect goods during transportation and storage. Dunnage is typically used to fill empty spaces in packaging containers and prevent damage to goods during shipping.

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One of the primary drivers of growth in the dunnage packaging market is the increasing demand for safe and secure packaging solutions. As e-commerce continues to grow, there is a greater need for packaging that can withstand the rigors of shipping and handling, and protect goods from damage or loss. Additionally, many companies are looking for eco-friendly packaging solutions, which has led to a rise in the use of recycled materials in dunnage packaging.

Another trend driving growth in the dunnage packaging market is the shift towards automation and robotics in the manufacturing and logistics industries. This has resulted in an increased demand for custom-designed dunnage packaging solutions that can be integrated into automated systems and improve the efficiency of supply chain operations.

The market is also being driven by the increasing adoption of just-in-time (JIT) delivery systems, which require fast and efficient packaging solutions. JIT delivery systems help companies to reduce inventory costs and improve order fulfillment times, which has resulted in a greater need for packaging materials that can be quickly produced and distributed.

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Overall, the dunnage packaging market is expected to continue its growth trajectory in the coming years, driven by increasing demand for safe and secure packaging solutions that can withstand the rigors of modern supply chain operations. As manufacturers continue to innovate and develop new materials and designs, the market is likely to remain dynamic and competitive.

Competitive Landscape

Key manufacturers operating in the dunnage packaging market are trying to focus on increasing their production capacity to meet the increasing demand for dunnage packaging. Moreover, the key players are increasing their product portfolio to cater for the growing dunnage packaging market.

• In 2021, CargoTuff LLC announced the launch of our new and unique product, the 4Trans dunnage bag.
• In 2020, AtMet KOREA an export cargo packing materials provider has launched new dunnage airbags designed to protect container cargo.

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Key Players:

• ORBIS Corporation ((Menasha Corporation)
• Corplex (DS Smith)
• NEFAB GROUP
• Amatech, Inc
• Reusable Transport Packaging
• Dunnage Engineering
• Salco Engineering and Manufacturing Co., Inc.
• KEENER Corporation