In 2023, the protective packaging market in the United States and Canada is anticipated to be worth US$ 8.3 billion. From 2023 to 2033, it is expected to grow at a CAGR of 5.1%.
By the end of 2033, the market is anticipated to reach a valuation of US$ 13.6 billion. In 2022, the top 5 companies accounted for 15% to 20% of the regional market share.
The need for protective packaging materials has significantly increased with the expansion of e-commerce in the US and Canada. Compared to regular retail sales, online purchases require more packaging materials.
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These goods must be delivered to the customer’s address undamaged. To protect goods during shipping, protective packaging materials like bubble wrap, foam packaging, and air pillows are frequently employed. During the forecast period, it is expected that the protective packaging market in the United States would account for 74.7% of all sales in North America.
There is an increasing need for environmentally friendly packaging choices as customers become more environmentally aware. The use of protective packaging that is recyclable or biodegradable is growing in popularity.
The transportation of commodities will certainly be subject to rigorous rules as commercial activity increases. Regulations have been put in place in both Canada and the US, requiring products to be packaged safely to avoid contamination or damage during shipment.
Key Trends in the United States and Canada Protective Packaging Market:
- Steady Market Growth: The protective packaging market in the United States and Canada is experiencing consistent growth, with a projected CAGR of 5.1% from 2023 to 2033. This growth is driven by various factors, including increased e-commerce activity, rising consumer awareness of sustainable packaging solutions, and the need for product protection during transit.
- E-commerce Boom: The surge in e-commerce activities, especially accelerated by the COVID-19 pandemic, has led to a heightened demand for protective packaging. As consumers increasingly shop online, there is a growing need for secure and damage-resistant packaging solutions to ensure that products arrive in good condition.
- Sustainability and Eco-friendly Solutions: With growing environmental concerns, there is a notable shift towards sustainable and eco-friendly protective packaging materials. Consumers are increasingly valuing products that come in packaging made from recycled or biodegradable materials, driving innovation in this segment.
- Customization and Branding: Companies are recognizing the value of protective packaging as an opportunity to reinforce their branding and create a memorable unboxing experience. Customized packaging designs, colors, and branding elements are becoming more prevalent in the market.
Key Companies:
- Sealed Air Corporation
- Sonoco Products Company
- DS Smith Plc
- Greif Inc.
- Smurfit Kappa Group
- 3M Company
- Nefab Group
- Winpak Ltd.
- Pregis LLC
- Storopack Hans Reichenecker GmbH
- Intertape Polymer Group
- Premier Packaging
- Packaging Corporation of America
- Polymer Packaging, Inc.
- TCP Packaging Solutions
- Protective Packaging Solutions
- International Paper Company
- Cascades Inc.
- Orcon Industries
- RTS Packaging, LLC.
- Plastix USA LLC
- Signode Industrial Group LLC
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United States and Canada Protective Packaging Market Outlook by Category
By Material:
- Paper & Paperboard
- Corrugated
- Boxboard
- Molded Pulp
- Kraft Paper
- Recycled Paper
- Plastic
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Bioplastic
- Foam
- Other (Wood, Metal)
By Product Type:
- Boxes
- Polybags
- Air Pillow
- Bubble Wrap
- Protective Mailer
- Foam Sheets
- Surface Protection Film
- Labels & Tags
- Tapes
- Inserts & Dividers
- Others (Packaging Peanuts, End Caps)
By Application:
- Wrapping
- Void Fill
- Cushioning
- Insulation
- Blocking & Bracing
By End Use:
- Manufacturing & Warehousing
- Food
- Beverages
- Pharmaceutical
- Personal Care & Cosmetics
- Home Care & Toiletries
- Electrical & Electronics
- Chemical & Fertilizer
- Others (Agriculture, Industrial)
- Logistics & Transportation
By Country:
- United States
- Canada
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