Market Overview:
The global suspension and retention packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for suspension and retention packaging from the pharmaceutical industry, food and beverage industry, and others. In terms of type, the paper suspension and retention packaging segment is expected to dominate the global market during the forecast period. However, in terms of CAGR, the plastic suspension and retention packaging segment is expected to grow at a higher rate than other segments during the forecast period.
Product Definition:
Suspension and retention packaging is used to protect the product from damage and keep it in place. It is important because it keeps the product from moving around during shipping, which could cause damage.
Paper Suspension and Retention Packaging:
Paper suspension and retention packaging is a method of packaging in which paper or cardboards are used as a base material. The product is used to fill the interior space of the package, and it helps in water/moisture proofing, gas/vacuum resistance, thermal insulation and cushioning.
Plastic Suspension and Retention Packaging:
Plastic suspension and retention packaging is a method of packing in which the material used for packing is held in place by virtue of plastic film or netting. Plastic films are usually made from polyethylene, polypropylene, and polyvinyl chloride among others; whereas nets are typically made up of nylon.
Application Insights:
The food and beverage industry was the largest application segment in 2016, accounting for a market share of more than 40%. The global suspension and retention packaging solutions are widely used by the food processing industry owing to their ability to preserve freshness, nutrition, aroma and texture. These systems help manufacturers in reducing waste generation during production as well as during distribution.
The pharmaceutical industry is expected to emerge as the fastest-growing application segment over the forecast period due to increasing healthcare expenditure globally coupled with stringent regulations regarding drug safety. Suspension systems have been found convenient for use in pharmaceutical industries owing to their ease of handling & installation along with high durability & stability required from these applications. In addition, they offer benefits such as improved hygiene conditions along with enhanced aesthetics which appealto end-users within this sector.
Regional Analysis:
Europe was the largest market for global suspension and retention packaging with a revenue share of over 30% in 2017. The region is expected to continue its dominance over the forecast period owing to high product demand from various end-use industries, such as food and beverage, pharmaceuticals, cosmetics, and others. In addition, increasing R&D activities by several companies are driving the growth of this industry in Europe.
Asia Pacific is projected to be one of the fastest growing markets for global suspension and retention packaging over the forecast period owing to rising product consumption from end-use industries such as food and beverages; personal care products; pharmaceuticals; electronics products; etc. Furthermore, improving healthcare infrastructure coupled with growing patient awareness levels will drive demand further in Asia Pacific during the forecast years 2018 - 2030 period.
Growth Factors:
- Increasing demand for suspension and retention packaging from pharmaceutical and biotechnology companies to protect sensitive drugs and vaccines during transit.
- Rising demand for ready-to-use suspension packs from the food and beverage industry to improve product quality, shelf life, and reduce wastage.
- Growing popularity of retort pouches as a versatile packaging format for shelf-stable foods, beverages, and medical products that require thermal processing or sterilization.
- Proliferation of ecommerce channels across the globe is fueling the demand for lightweight yet durable suspension packs that can withstand rough handling during shipping/transit.
Scope Of The Report
Report Attributes
Report Details
Report Title
Suspension and Retention Packaging Market Research Report
By Type
Paper Suspension and Retention Packaging, Plastic Suspension and Retention Packaging
By Application
Pharmaceutical Industry, Food and Beverage Industry, Others
By Companies
Sealed Air, Protega Global, A E Sutton, Secure Pak Packaging, Samuel Grant Packaging, Coral Packaging, Get Packed Packaging
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Suspension and Retention Packaging Market Report Segments:
The global Suspension and Retention Packaging market is segmented on the basis of:
Types
Paper Suspension and Retention Packaging, Plastic Suspension and Retention Packaging
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Industry, Food and Beverage Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sealed Air
- Protega Global
- A E Sutton
- Secure Pak Packaging
- Samuel Grant Packaging
- Coral Packaging
- Get Packed Packaging
Highlights of The Suspension and Retention Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Paper Suspension and Retention Packaging
- Plastic Suspension and Retention Packaging
- By Application:
- Pharmaceutical Industry
- Food and Beverage Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Suspension and Retention Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Suspension and retention packaging is a type of packaging that helps to preserve food by preventing it from becoming contaminated or spoiling. Suspension and retention packaging can be made from a variety of materials, including plastics, paper, or metal.
Some of the major companies in the suspension and retention packaging market are Sealed Air, Protega Global, A E Sutton, Secure Pak Packaging, Samuel Grant Packaging, Coral Packaging, Get Packed Packaging.
The suspension and retention packaging market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Suspension and Retention Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Suspension and Retention Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Suspension and Retention Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Suspension and Retention Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Suspension and Retention Packaging Market Size & Forecast, 2020-2028
4.5.1 Suspension and Retention Packaging Market Size and Y-o-Y Growth
4.5.2 Suspension and Retention Packaging Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Paper Suspension and Retention Packaging
5.2.2 Plastic Suspension and Retention Packaging
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical Industry
6.2.2 Food and Beverage Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Suspension and Retention Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Suspension and Retention Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Paper Suspension and Retention Packaging
9.6.2 Plastic Suspension and Retention Packaging
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical Industry
9.10.2 Food and Beverage Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Paper Suspension and Retention Packaging
10.6.2 Plastic Suspension and Retention Packaging
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical Industry
10.10.2 Food and Beverage Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Paper Suspension and Retention Packaging
11.6.2 Plastic Suspension and Retention Packaging
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical Industry
11.10.2 Food and Beverage Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Paper Suspension and Retention Packaging
12.6.2 Plastic Suspension and Retention Packaging
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical Industry
12.10.2 Food and Beverage Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Paper Suspension and Retention Packaging
13.6.2 Plastic Suspension and Retention Packaging
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical Industry
13.10.2 Food and Beverage Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Suspension and Retention Packaging Market: Competitive Dashboard
14.2 Global Suspension and Retention Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sealed Air
14.3.2 Protega Global
14.3.3 A E Sutton
14.3.4 Secure Pak Packaging
14.3.5 Samuel Grant Packaging
14.3.6 Coral Packaging
14.3.7 Get Packed Packaging
