In-Depth Analysis Of The Covid-19 Impact On Global Transport Packaging Market

Transport Packaging Market Overview--Packaging is required for the supply-demand chain as it can protect the goods from contamination during transportation and warehousing. In recent times, providing safe transportation has become an important aspect of packaging. Transport packaging mainly focuses on the packaging requirements for goods while they are transit, particularly while traveling by road or rail overland.

As a result, it is the responsibility of packaging manufacturers to design as per local conditions and protect the goods while they are transit. Transport packaging protects the cargo from elements such as accidents, excessive temperature or heavy rain, humidity, etc. Due to all these features of transport packaging, the market is expected to grow tremendously over the forecast period 2017-2025.

Transport packaging must have several stages of transit before reaching its final destination. It includes off-loading, repackaging and reloading of the cargo. Transport packaging should be versatile so that it can facilitate this process whenever necessary.

Global Transport Packaging - Market Dynamics

The increase in shipping and logistic business are the key factors augmenting the growth of transport packaging. Transport packaging market is expected to grow at a CAGR of 5% over the forecast period. Transport packaging is the most important part of logistics for various industries such as agriculture, automotive, building & construction, chemicals & pharmaceuticals, electrical & electronics, oil & lubricants, etc.

Transport packaging also helps in optimizing the package shape of the product so that it can reduce the distribution cost without compromising the protection of the goods. Furthermore, transport packaging is benefited by various innovations and rapid development within the industries across the globe.

In addition, with the growth of emerging economies in the field of the industrialization, transport packaging has been impacted positively and is expected to witness a healthy growth. Moreover, the market for transport packaging is hampered by various environmental concerns from chemicals for industrial packaging in transportation.

Global Transport Packaging – Regional Overview

The global transport packaging market can be divided into seven major regions which are as follows:

• North America

• Latin America

• Eastern Europe

• Western Europe

• Asia-Pacific excluding Japan

• Middle East & Africa

• Japan

North America region is expected to dominate the market for transport packaging over the forecast period due to its large shipping and cargo industry. Europe region is also expected to witness an above average growth for transport packaging market over the forecast period.

In Asia Pacific region, transport packaging market is expected to witness the highest growth over the forecast period due to its large logistic and shipping industry. Furthermore, the rising supremacy of Asia Pacific region is creating opportunities for packaging manufacturers due to its high economic growth rate for rapid industrialization. Latin America and the Middle East & Africa region are expected to witness steady growth for transport packaging market.

Global Transport Packaging – Key players

Few of the key players in transport packaging are SGS SA, Eltete TPM Ltd., Nefab AB, International Paper Co, BEUMER Group GmbH & Co. KG, Papier-Mettler KG, Deufol SE, Honeycomb Cellpack A/S, Mondi Group PLC, Borealis AG, Dongguan Uni-Packing Heavy-Duty Packing Technology Co., Ltd., Yinghua Plastic Products Co., Ltd., Forest Printing & Packing Co., Ltd., Shenzhen Sihai Packaging Material Co., Ltd., Hengxin Industry Co., Limited, etc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

The report covers exhaust analysis on

• Market Segments

• Market Dynamics

• Market Size

• Supply & Demand

• Current Trends/Issues/Challenges

• Competition & Companies involved

• Technology

• Value Chain

The regional analysis includes

• North America (U.S., Canada)

• Latin America (Mexico. Brazil)

• Western Europe (Germany, Italy, France, U.K, Spain)

• Eastern Europe (Poland, Russia)

• Asia-Pacific (China, India, ASEAN, Australia & New Zealand)

• Japan

• The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Transport Packaging- Market Segmentation

The transport packaging can be segmented by the material type, by packaging type, and by end use industry.

On the basis of material type, the global transport packaging is segmented into:

• Plastic

• Polyethylene (PE)

• Polypropylene (PP)

• Polyethylene Terephthalate (PET)

• Polyvinyl Chloride (PVC)

• Ethylene vinyl alcohol (EVOH)

• Others

• Paper & Paperboard

• Metal

• Wood

• Others

On the basis of packaging type, the global transport packaging is segmented into:

• Cartons

• Wooden crates

• Containers

• Corrugated boxes

• Barrels

• IBCs

• Strapping

• Others

On the basis of end use industries, the global transport packaging is segmented into:

• Agriculture

• Automotive

• Building & Construction

• Chemicals & Pharmaceuticals

• Food & Beverages

• Metallurgical

• Oil & Lubricants

• Electrical & Electronics

• Others

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