The global packaging inserts & cushions market is expected to grow rapidly over the forecast period owing to growing demand from several application industries including food & beverage, consumer electronics, and personal care & cosmetics among others. Factors including rising disposable incomes coupled with changing lifestyles are expected to augment the demand for various consumer goods across the globe. These factors are in turn likely to boost the demand for packaging inserts & cushions over the forecast period.
Packaging inserts & cushions are protective packaging products that are used for protecting various items during transportation and shipping. The impact of shock and vibration on the product or products while shipping, transportation, and storage is absorbed by these packaging inserts & cushions rather than transmitting the vibration and shock to the product or products. Protecting the integrity of the product is extremely important across the supply chain which is expected to boost the demand for packaging inserts & cushions over the forecast period.
Various consumer goods such as ceramic & porcelain structures, glass bottles, television sets, mobiles, laptops, and computers among others require extreme care during transportation and storage. Packaging inserts & cushions are widely used for protecting these fragile goods from shock & vibration in order to avoid breakage. Thus, growing demand for such consumer goods is in turn expected to benefit the packaging inserts & cushions market over the forecast period.
The growing e-commerce industry across the globe is further expected to boost the demand for packaging inserts & cushions. Consumers often prefer to buy almost everything through e-commerce websites on account of increasing internet accessibility along with factors including choice, convenience, and cost-benefits. An increasing number of people purchasing a variety of merchandise through numerous e-commerce websites is likely to stimulate market growth.
On the basis of type the global packaging inserts & cushions market has been broadly segmented into inserts & cushions. Inserts are packaging products that prevent the movement of the product inside the box. These inserts are designed in such a way that they cut off or reduce the movement of the products inside the box and also assist in absorbing internal as well as external shocks. On the other hand, cushions are used to fill the gaps between the product and the box in order to protect the product from vibration & shock during shipping and storage.
On the basis of product, the market has been segmented into insert trays, die-cut inserts, air pillows, bubble wraps, loose-fill products, and end caps among others. Insert trays & die-cut inserts are widely used for packaging several personal cares & cosmetic products as well as consumer electronic products among others. Commonly used material for manufacturing these products includes paper & paperboard, and foam among others.
On the basis of material, the market has been classified into plastic, paper & paperboard, and others. Plastic is one of the widely used material in the packaging inserts & cushions market owing to its cost-effectiveness and inert nature to various products being packed. The selection of the materials for packaging inserts & cushions is very important and is generally based on several factors including stresses during transport, sensitivity classification of package contents, weight, stress range of the material, and resonance behavior among others.
On the basis of application, the market has been segmented into food & beverage, personal care & cosmetics, consumer electronics, industrial, pharmaceuticals, and others. Packaging inserts & cushions are widely used for the packaging of electronic products in order to protect them from vibration, shocks, dents, abrasion, and compressive forces that act on the product while transportation and storage. Packaging inserts are also used for packaging beverage products such as wine, packaged especially in glass bottles that require extreme care in order to avoid breakage.
On the basis of region, the packaging inserts & cushions market has been classified into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa among others. Asia Pacific region dominated the packaging inserts & cushions market and is expected to continue its dominance over the forecast period. The growing e-commerce industry especially in several emerging economies such as China and India is further likely to benefit the market growth.
In addition, changing lifestyles coupled with a growing population, rising disposable incomes, and rapid urbanization is in turn expected to boost the demand for several consumer goods which is further expected to have a positive impact on the market growth over the forecast period. Furthermore, continuous technological advancements have led to the introduction of several products in the market with shorter product life cycles. This has further led to the more frequent adoption of these newly introduced products which is anticipated to boost the market growth.
Prominent players operating in the market include Smurfit Kappa, Sealed Air, DS Smith, Reflex Packaging Inc., Pregis LLC, Sonoco Products Company, Huhtamaki, Pro-Pac Packaging Group Pty Ltd., Plastifoam Company and Salazar Packaging, Inc. among others. These companies offer a wide range of standard products as well as offer customization as per the specific requirements of the customer.
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