North America Protective Packaging Market Size & Outlook
North America protective packaging market, 2018-2030 (US$M)
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North America protective packaging market highlights
- The North America protective packaging market generated a revenue of USD 9,358.1 million in 2023.
- The market is expected to grow at a CAGR of 4.8% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 9,358.1 million |
| Market revenue in 2030 | USD 12,957.2 million |
| Growth rate | 4.8% (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, North America region accounted for 26.4% 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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North America 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 65.82% in 2023. Horizon Databook has segmented the North America protective packaging market based on flexible, foam, rigid covering the revenue growth of each sub-segment from 2018 to 2030.
In terms of volume, protective packaging demand in North America was estimated at 3,848.9 million tons in 2016 and is anticipated reach demand by 5,554.0 million tons by 2025, expanding at a rate of 5.3% over the forecast period.
The growth is bolstered by significant gains in internet shopping in the region in the past few years. As consumer purchase more products on various ecommerce platform, demand for protective packaging will increase which can protect these goods from damages and vibration while handling or shipping.
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Target buyers of North America 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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America protective packaging market , including forecasts for subscribers. This continent databook contains high-level insights into North America protective packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America protective packaging market size, by country, 2018-2030 (US$M)
North America Protective Packaging Market Outlook Share, 2023 & 2030 (US$M)
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