Asia Pacific Protective Packaging Market Size & Outlook
Asia Pacific protective packaging market, 2018-2030 (US$M)
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Asia Pacific protective packaging market highlights
- The Asia Pacific protective packaging market generated a revenue of USD 15,054.1 million in 2023.
- The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, flexible was the largest revenue generating type in 2023.
- Flexible is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 15,054.1 million |
| Market revenue in 2030 | USD 23,057.9 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Flexible |
| Fastest growing segment | Flexible |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flexible, Foam, Rigid |
| Key market players worldwide | Sealed Air Corp, Sonoco Products Co, Smurfit Kappa Group PLC, WestRock Co, Huhtamäki Oyj, DS Smith PLC, Pregis, Pro-Pac Packaging (Aust) Pty Ltd, Dow Inc, Intertape polymer group, Storopack, International Paper Co, EcoEnclose, Point Five Packaging, Universal Protective Packaging |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 42.4% of the global protective packaging market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 23,057.9 million by 2030.
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Protective Packaging Market Scope
Protective Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific protective packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to protective packaging market will help companies and investors design strategic landscapes.
Flexible was the largest segment with a revenue share of 66.36% in 2023. Horizon Databook has segmented the Asia Pacific protective packaging market based on flexible, foam, rigid covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific will remain the largest region and will post the fastest growth over the next eight years. Presence of large population economies such as China, India is expected to drive the e-commerce industry in the region.
Which, in turn, growth of protective packaging industry. This region exhibit significant growth potential in the protective packaging.
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Target buyers of Asia Pacific protective packaging market databook
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Our clientele includes a mix of protective packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific protective packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific protective packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific protective packaging market size, by country, 2018-2030 (US$M)
Asia Pacific Protective Packaging Market Outlook Share, 2023 & 2030 (US$M)
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