Global Protective Packaging Market Worth $31.90 Billion by 2022 Phone No.: +1 (214) id:

Global Protective Packaging Market Worth $31.90 Billion by 2022 The Global Protective Packaging market is estimated at $15.91 billion in 2015 and is expected to reach $31.90 billion by 2022 growing at a CAGR of 10.4% from 2015 to Browse the report: Growing trend of online shopping, improving industrialized activities and rising disposable income are the key factors driving the market growth. However, the stringent government policies & regulations are restraining the market growth. Emerging economies and investment in R&D activities are the major opportunities for the market. Fluctuation in prices of raw materials acts as the major challenge for the vendors in the market. Phone No.: +1 (214) id:

Global Protective Packaging Market Worth $31.90 Billion by 2022 Based on material, foam plastic segment held the largest market share and is anticipated to grow with highest CAGR value during forecast period. In Product segment, Foamed packaging is anticipated to account for a huge market share owing to its high protection to the products. Asia Pacific region is expected to grow at highest CAGR during forecast period owing to industrial development and growing international trade in developing economies in this region. Request a sample of the report: Some of the key players in the market include Storopack Hans Reichenecker Gmbh, Sonoco Products Company, Smurfit KAPPA Group PLC, Sealed Air Corporation, Rocktenn Company, Pro-Pac Packaging Limited, Pregis Corporation, Inter-Pac, Huhtamaki OYJ, DS Smith PLC, DOW Chemical Company, Bayer AG, BASF SE, Airpack SpA and 3M Company. Phone No.: +1 (214) id:

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