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Global Transit Packaging Market 2016-2020

Global Transit Packaging Market 2016-2020

About Transit Packaging

Transit packaging involves protected transportation and handling of goods in large quantities from manufacturing centers to distribution centers, where they are packaged for the customers. Transit packaging products include corrugated boxes, pallets, crates, cases, cushions, foam and are suitable for numerous applications in the electrical and electronic, chemical, pharmaceutical, and food and beverages industries.

Technavio’s analysts forecast the global transit packaging market to grow at a CAGR of 4.45% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global transit packaging market for 2016-2020. To calculate the market size, the report considers the revenue generated by vendors is taken into account.

The market is divided into the following segments based on geography:

  • APAC
  • North America
  • ROW
  • Western Europe
Technavio's report, Global Transit Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Greif
  • Mondi
  • Pratt Industries
  • Smurfit Kappa
  • Sonoco
Other prominent vendors
  • BillerudKorsnas
  • Deufol
  • DS Smith
  • GWP Packaging
  • International Paper
  • NICKLIN
  • NNZ
  • OIA Global
  • Saxon Packaging
  • Svenska Cellulosa Aktiebolaget
  • Smithpack
Market driver
  • Need for customization by vendors
  • For a full, detailed list, view our report
Market challenge
  • Stringent government packaging regulations
  • For a full, detailed list, view our report
Market trend
  • International trading require safety for products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Transit Packaging Market 2016-2020

Technavio recognizes the following companies as the key players in the global transit packaging market: Greif, Mondi, Pratt Industries, Smurfit Kappa, and Sonoco.

Other Prominent Vendors in the market are: BillerudKorsnas, Deufol, DS Smith, GWP Packaging, International Paper, NICKLIN, NNZ, OIA Global, Saxon Packaging, Svenska Cellulosa Aktiebolaget, and Smithpack.

Commenting on the report, an analyst from Technavio’s team said: “Adoption of fleet management systems will be a key trend for market growth. Transit packaging management is complicated because of increased trade activities and high demand from diverse industries such as food and beverages, consumer care, electrical and electronics, and many more. In addition, it includes container distribution, fleet sizing, repositioning of empty containers, tracking containers, and maintenance activities. These issues can be solved using fleet management techniques, in turn improving operational efficiency, minimizing risk, and controlling cost.”

According to the report, the increased demand from the chemicals and petroleum industries is a major growth driver. Shale gas, from which natural gas is extracted, is produced in high quantities in the US. This gas acts as a feedstock in the production of other chemicals. The availability of abundant low-cost feedstock is attracting a lot of investors in the chemicals industry, which is fueling the production of myriad chemicals worldwide. This burgeoning industry has its own set of needs for packaging and transportation to the points of sale and end-markets.

Further, the report states that fluctuations in the prices of raw materials is a major challenge faced by vendors in the global transit packaging market. For example, the price of paper pulp, the main raw material used in the manufacture of corrugated boxes, have volatile prices based on their demand-supply scenario. The widening of the demand-supply gap in the last few years has led to a substantial increase in the cost of raw materials. The price of wood has risen by 10%-15% over the last two years, increasing the price of paper pulp. In July 2014, the average price of the pulp reached $832.02, indicating a 184% increase from June. The price of paper pulp is expected to rise further in the forecast period, affecting the market. Additionally, the price of kraft paper which accounts for 75% of the total input cost in the manufacturing of corrugated boxes has increased by 15% since 2013, thus increasing the cost of production.

Companies Mentioned

Greif, Mondi, Pratt Industries, Smurfit Kappa, Sonoco, BillerudKorsnas, Deufol, DS Smith, GWP Packaging, International Paper, NICKLIN, NNZ, OIA Global, Saxon Packaging, Svenska Cellulosa Aktiebolaget, Smithpack.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global transit packaging market
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Global packaging market: An overview
      • Table GDP growth rate of various country groups 2006-2015 (%)
      • Table Global packaging market 2015-2020 ($ billions)
      • Table Life cycle of global transit packaging market
    • Global transit packaging market 2015-2020
      • Table Global transit packaging market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by products
    • Global transit packaging market by types of products
      • Table Global transit packaging market by types of products 2015-2020 ($ billions)
      • Table Global transit packaging market by types of products 2015-2020 (growth rate)
    • Global transit packaging market by corrugated boxes
      • Table Global transit packaging market by corrugated boxes 2015-2020 ($ billions)
    • Global transit packaging market by pallets
      • Table Global transit packaging market by pallets 2015-2020 ($ billions)
    • Global transit packaging market by crates
      • Table Global transit packaging market by crates 2015-2020 ($ billions)
    • Global transit packaging market by others
      • Table Global transit packaging market by others 2015-2020 ($ billions)
  • Market segmentation by end-users
    • Global transit packaging market by types of end-users
      • Table Global transit packaging market by types of end-users 2015 (% revenue)
  • Geographical segmentation
    • Table Global transit packaging market by geography 2015 (% revenue)
    • Table Global transit packaging market by geography2015-2020 ($ billions)
    • Table Global transit packaging market by geographies 2015-2020 (growth rate)
    • Transit packaging market in APAC
      • Table Transit packaging market in APAC 2015-2020 ($ billions)
    • Transit packaging market in Western Europe
      • Table Transit packaging market in Western Europe 2015-2020 ($ billions)
    • Transit packaging market in North America
      • Table Transit packaging market in North America 2015-2020 ($ billions)
    • Transit packaging market in ROW
      • Table Transit packaging market in ROW 2015-2020 ($ billions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Crude oil price March 2014-May 2016 ($)
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Global export scenario, 2014
  • Vendor landscape
    • Competitive scenario
    • Greif
      • Table Greif: Business segmentation by revenue 2015
      • Table Greif: Geographical segmentation by revenue 2015
    • Mondi
      • Table Mondi: Business segmentation by revenue 2015
      • Table Mondi: Geographical segmentation by revenue 2015
    • Pratt Industries
      • Table Pratt Industries: Business divisions
    • Smurfit Kappa
      • Table Smurfit Kappa: Business segmentation by revenue 2015
    • Sonoco
      • Table Sonoco: Business segmentation by revenue 2015
      • Table Sonoco: Geographical segmentation by revenue 2015
      • Table Conitex Sonoco: Product segmentation
    • Other prominent vendors
  • Explore Technavio

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