As per Future Market Insights’ latest industry analysis, the global packaging inserts market is slated to reach a valuation of US$ 2.2 Bn in 2022. Demand is forecast to gain traction at a 4.5% CAGR over the assessment period, with the market size reaching US$ 3.5 Bn by 2032.
Packing inserts are additional items that retailers can include in their shipments before they ship to their customers and are a great way to streamline their shipping and fulfillment strategies. Customers do not have to pay extra for leaflets. Instead, packing inserts are used by brands to increase brand awareness and add value to their campaigns and promotions. Package inserts are a cheap and versatile gesture for building customer relationships
Over the last decade, technological advancements have forced the manufacturers of packaging solutions including packaging inserts to offer solutions with the modernized mechanism. Moreover, the demand for packaging inserts has resulted in increased worldwide acceptance of the same.
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To produce high quality recycled materials for packaging liners, manufacturers need to consider the physical and chemical modification indices while adjusting the mixing ratio of the recycled materials. Liner manufacturers are expanding their production beyond plastics and foams.
Luxury goods often use packaging inserts to present products to customers in the best possible way. Packing inserts are widely used in luxury products for adding value and personal touches, thank you cards, small gifts, product samples and more. Packaging liners are often used for beverages, cosmetics and delicate items. According to the survey, the market is expected to grow 1.6 times over the next 10 years.
“High preference for durable packaging material for international shipping, along with increasing demand for flexible packaging in the ecommerce and cosmetics sectors will augment the growth in the market,” says an FMI analyst.
Key Takeaways:
- Tray packaging inserts consumption is estimated to account for 42-45% of the total market share in 2022.
- Total sales of packaging inserts in the food & beverage sector will reach a valuation of US$ 390 Mn over the forecast period.
- The U.S. packaging inserts market is slated to account for 17% of the total market share by 2032.
- Demand in Germany will grow at a 3.5-3.6% CAGR over the assessment period.
- Sales in the India market will increase by 1.8x the current value over the forecast period.
Global Packaging Inserts Market Report
Future market insights, in its new report, offers an unbiased analysis of the global market for packaging inserts market by product type (trays, end caps and sheets), by material (paper & paperboard, plastic, foam and molded fiber), by end use industry (food & beverages, electrical & electronics, automotive, healthcare, industrial and cosmetics) across seven regions.
Competition Landscape
Mondi Group, DS Smith Plc, Cascades Inc., Innerpak Inc., Smurfit Kappa Group, Dynamic Packaging, LLC, Brimar Packaging USA, AMERICAN BOX COMPANY, VisiPak , Index Packaging, Inc., Barco Sales and Manufacturing, Inc., UFP Technologies, Inc., Polyformes Limited, Synergy Packaging, VICTORY FOAM, Tucson Container, Engineered Components & Packaging, American Foam Products, Enterprise Europe Network, and GP Products LLP.
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Global Packaging Inserts Market Report
Future market insights, in its new report, offers an unbiased analysis of the global market for packaging inserts market by product type (trays, end caps and sheets), by material (paper & paperboard, plastic, foam and molded fiber), by end use industry (food & beverages, electrical & electronics, automotive, healthcare, industrial and cosmetics) across seven regions.
Global Packaging Inserts Market by Category
Product Type:
- Trays
- End Caps
- Sheets
Material:
- Paper & Paperboard
- Plastic
- Foam
- Molded fiber
End Use Industry:
- Food & Beverages
- Electrical & Electronics
- Automotive
- Healthcare
- Industrial
- Cosmetics
Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
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