
Dunnage Packaging Market by Materials (Aluminum, Corrugated Paper, Corrugated Plastic), Product (Dividers, Dunnage Air Bags, Inserts), End Use - Global Forecast 2024-2030
Description
Dunnage Packaging Market by Materials (Aluminum, Corrugated Paper, Corrugated Plastic), Product (Dividers, Dunnage Air Bags, Inserts), End Use - Global Forecast 2024-2030
The Dunnage Packaging Market size was estimated at USD 3.86 billion in 2023 and expected to reach USD 4.08 billion in 2024, at a CAGR 6.00% to reach USD 5.80 billion by 2030.
Dunnage packaging refers to materials used to protect goods during transportation and storage. Its primary purpose is to ensure the secure and safe delivery of products by preventing damage that can occur from movement, vibration, or shock. The increase in global trade and the eCommerce sector is raising the demand for efficient packaging materials, including dunnage packaging. Stringent regulations regarding the safety of transported goods continue to drive the demand for effective dunnage solutions. However, the volatility of raw material cost may influence the cost of dunnage packaging materials. Moreover, innovations in biodegradable and recyclable materials are anticipated to propel the growth of the dunnage packaging market worldwide.
Regional Insights
The dunnage packaging market is evolving in the Americas owing to the advanced manufacturing sectors and stringent environmental regulations. The evolution of eCommerce and the automotive industry has bolstered demand for sustainable and returnable packaging solutions. Stringent regulatory landscapes and consumer awareness about environmental impacts influence the European Union's dunnage packaging market. EU customers demonstrate a high demand for dunnage packaging made from recycled and biodegradable materials. The Middle East and Africa regions represent a rising demand for dunnage packaging due to the rapid expansion of industrial and retail sectors and increased infrastructural development. The Asia Pacific region's dunnage packaging market is growing due to increasing focus on product safety and a cultural inclination towards high-quality goods, resulting in a consistent demand for innovative dunnage packaging technology.
Market Insights
Market Dynamics
The market dynamics represent an ever-changing landscape of the Dunnage Packaging Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
Market Drivers
High demand for dunnage packaging from end-use industries
Rising growth of eCommerce fulfillment activities
Market Restraints
Raw material price fluctuation
Market Opportunities
Exponential growth of poly woven dunnage packaging
Emergence of reusable and sustainable dunnage packaging
Market Challenges
Environmental issues associated with dunnage packaging
Market Segmentation Analysis
Materials: Significant penetration of corrugated paper owing to their cost-effectiveness
Product: Significant demand for dunnage air bags across the industries globally
End Use: Expanding applications of dunnage packaging to package aerospace components
Market Disruption Analysis
Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Dunnage Packaging Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Dunnage Packaging Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
New Water Capital Affiliate Completes Acquisitions of Norwood Paper and BulkSak
New Water Capital enhanced its repertoire in the transportation packaging sector through acquisitions of Norwood Paper Inc. and BulkSak International. These acquisitions collectively position New Water Capital's platform as the leading supplier of specialty Flexible Intermediate Bulk Containers (FIBCs) and related packaging solutions in the North American market. New Water Capital folds with a deep-rooted expertise in non-traditional, branded liner products and a versatile array of flat sheets.
JBS and Opal's Cardboard Innovation wins WorldStar
Opal has teamed up with JBS Australia to create a sustainable packaging triumph. Their collaborative effort in developing an innovative corrugated cardboard dunnage solution has earned them the distinguished address of a crucial issue in logistics—the movement of products during transit, which often leads to damage and subsequent food waste.
Schaefer Plastics North America Launches New Threadless Dunnage Product Line That Saves Material And Reduces Handling Cost For Customers Needing Parts Protection
Schaefer Plastics North America introduced a new dunnage packaging solution, the Threadless product series, for delivering superior protection, particularly for products that demand meticulous handling, such as precision automotive parts and luxury cosmetic items. The Threadless line maximizes the efficiency of container space utilization, thereby enhancing the number of parts that can be accommodated per container while still ensuring their utmost safety during transport.
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Dunnage Packaging Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Dunnage Packaging Market, highlighting leading vendors and their innovative profiles. These include Amatech Inc., Ckdpack Packaging Inc., Corplex, DCG Tech Ltd., DS Smith PLC, Dunnage Engineering, GWP Group, Interior Packaging Design, LLC, Jida Industrial Solutions, Keener Corporation, Menasha Corporation, Mjsolpac Ltd., Nefab AB, Packaging Corporation of America, Quantum Storage Systems, Rehrig Pacific Company, Reusable Transport Packaging, Salco Engineering & Manufacturing Inc, Schaefer Systems International, Inc., Schoeller Allibert, Sonoco Products Company, Southern Packaging LP, Stephen Gould Corporation, Total Packaging Solutions, and UFP Technologies, Inc..
Market Segmentation & Coverage
This research report categorizes the Dunnage Packaging Market to forecast the revenues and analyze trends in each of the following sub-markets:
Materials
Aluminum
Corrugated Paper
Corrugated Plastic
Fabric Dunnage
Foams
Molded Plastic
Steel
Wood
Product
Dividers
Dunnage Air Bags
Inserts
Packaging Peanuts
End Use
Aerospace
Automotive
Consumer Durables
Electronics
Food & Beverage
Healthcare
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
Table of Contents
199 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. High demand for dunnage packaging from end-use industries
- 5.1.1.2. Rising growth of eCommerce fulfillment activities
- 5.1.2. Restraints
- 5.1.2.1. Raw material price fluctuation
- 5.1.3. Opportunities
- 5.1.3.1. Exponential growth of poly woven dunnage packaging
- 5.1.3.2. Emergence of reusable and sustainable dunnage packaging
- 5.1.4. Challenges
- 5.1.4.1. Environmental issues associated with dunnage packaging
- 5.2. Market Segmentation Analysis
- 5.2.1. Materials: Significant penetration of corrugated paper owing to their cost-effectiveness
- 5.2.2. Product: Significant demand for dunnage air bags across the industries globally
- 5.2.3. End Use: Expanding applications of dunnage packaging to package aerospace components
- 5.3. Market Disruption Analysis
- 5.4. Porter’s Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
- 5.5. Value Chain & Critical Path Analysis
- 5.6. Pricing Analysis
- 5.7. Technology Analysis
- 5.8. Patent Analysis
- 5.9. Trade Analysis
- 5.10. Regulatory Framework Analysis
- 6. Dunnage Packaging Market, by Materials
- 6.1. Introduction
- 6.2. Aluminum
- 6.3. Corrugated Paper
- 6.4. Corrugated Plastic
- 6.5. Fabric Dunnage
- 6.6. Foams
- 6.7. Molded Plastic
- 6.8. Steel
- 6.9. Wood
- 7. Dunnage Packaging Market, by Product
- 7.1. Introduction
- 7.2. Dividers
- 7.3. Dunnage Air Bags
- 7.4. Inserts
- 7.5. Packaging Peanuts
- 8. Dunnage Packaging Market, by End Use
- 8.1. Introduction
- 8.2. Aerospace
- 8.3. Automotive
- 8.4. Consumer Durables
- 8.5. Electronics
- 8.6. Food & Beverage
- 8.7. Healthcare
- 9. Americas Dunnage Packaging Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Dunnage Packaging Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Dunnage Packaging Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. Market Share Analysis, 2023
- 12.2. FPNV Positioning Matrix, 2023
- 12.3. Competitive Scenario Analysis
- 12.3.1. New Water Capital Affiliate Completes Acquisitions of Norwood Paper and BulkSak
- 12.3.2. JBS and Opal's Cardboard Innovation wins WorldStar
- 12.3.3. Schaefer Plastics North America Launches New Threadless Dunnage Product Line That Saves Material And Reduces Handling Cost For Customers Needing Parts Protection
- 12.4. Strategy Analysis & Recommendation
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.2. Key Product Portfolio
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.