U.S. Protective Packaging Market Size & Outlook, 2023-2030
U.S. protective packaging market, 2018-2030 (US$M)
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U.S. protective packaging market highlights
- The U.S. protective packaging market generated a revenue of USD 7,636.4 million in 2023 and is expected to reach USD 10,742.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5% 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.
Protective packaging market data book summary
| Market revenue in 2023 | USD 7,636.4 million |
| Market revenue in 2030 | USD 10,742.8 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Flexible |
| Fastest growing segment | Flexible |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, U.S. accounted for 21.5% of the global protective packaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. protective packaging market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 10,742.8 million by 2030.
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Protective Packaging Market Scope
Protective Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 65.89% in 2023. Horizon Databook has segmented the U.S. protective packaging market based on flexible, foam, rigid covering the revenue growth of each sub-segment from 2018 to 2030.
Rising demand from manufacturing and non-manufacturing sectors is fueling the demand for protective packaging in the country. Continuous improvements in the both the sectors is anticipated to further contribute to the growth of the market over the forecast period.
E-commerce industry is largely contributing to the market growth in the U.S. due to increasing spending by middle class consumers.
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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 country-level data and insights on the U.S. protective packaging market , including forecasts for subscribers. This country databook contains high-level insights into U.S. protective packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. protective packaging market size, by type, 2018-2030 (US$M)
U.S. Protective Packaging Market Outlook Share, 2023 & 2030 (US$M)
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