Market Overview:
The global wear resistant 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 food and beverage packaging, retail and consumer goods packaging, automotive components, cosmetics, pharmaceuticals and electronics products. In addition, the growing awareness about product safety among consumers is also contributing to the growth of this market. The global wear resistant packaging market can be segmented on the basis of type into polyester (PET), polypropylene (OPP), nylon and others. On the basis of application, it can be segmented into food & beverages, retail and consumer goods, automotive components, cosmetics pharmaceuticals electronics products and others.
Product Definition:
Wear resistant packaging is a type of packaging that is specifically designed to protect the product from damage during transportation and handling. It is important because it helps to ensure that the product arrives at its destination safely and in tact.
Polyester (PET):
Polyester is a synthetic, non-reactive, crystalline polymer. It has excellent chemical and temperature resistance properties. Polyester resins are used in the production of films and fibers that are widely utilized in various end-use industries such as textiles, consumer goods packaging materials (food & beverages), medical devices, construction materials (plastic roofing sheets) and automotive components among others.
Polypropylene (OPP):
Polypropylene (PP) is a widely used thermoplastic polymer in the packaging industry. It offers several beneficial properties such as high chemical & temperature resistance, low moisture absorption, and excellent barrier to gas & light. Owing to these superior characteristics polypropylene has been gaining acceptance in various end-use industries over the past few years.
The global polypropylene market size was estimated at USD 34 billion in 2016.
Application Insights:
The food & beverage application segment led the global wear resistant packaging market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to factors such as growing demand for packaged foods and beverages, increasing consumption of alcoholic and non-alcoholic drinks, rising health concerns among consumers regarding contamination from outside elements, and an increase in spending on luxury goods are expected to drive the growth over the coming years.
The retail & consumer goods application segment accounted for 22.9% share of the total revenue in 2017 due to factors such as high product demand from electronics industry, which requires durable packaging solutions with excellent sealing performance that meets all regulatory requirements including RoHS compliance and maximum lead time between orders by OEMs and parts availability is expected to drive growth over next seven years.
Regional Analysis:
Asia Pacific dominated the global wear resistant packaging market in 2016 and is expected to continue its dominance over the forecast period. The growth of the region can be attributed to rising disposable income, increasing consumer awareness regarding health & hygiene, and rapid urbanization & industrialization. China is anticipated to lead Asia Pacific market owing to presence of a large number of manufacturers in this country.
Europe was estimated as second largest regional segment followed by North America on account of high product demand from various end-use industries including automotive, electronics, pharmaceuticals among others. Growing e-commerce industry coupled with increased spending on household goods is expected fuel demand for durable packaging products across North America over the forecast period. Uptake of advanced technology for manufacturing wear resistant packaging products will boost growth further across this region during the forecast period (2018 - 2030).
The European Union has stringent regulations regarding use or disposal methods associated with plastic materials that are harmful toward human health.
Growth Factors:
- Increasing demand for wear resistant packaging from the automotive and aerospace industries due to the growing need for lightweight and durable packaging solutions.
- Rising demand from the food and beverage industry for safe and hygienic packaging solutions that can protect products from damage during transit.
- Growing popularity of vacuum-sealed packaging as a means of preserving food freshness and preventing spoilage.
- Increasing use of recyclable materials in wear resistant packaging to reduce environmental impact.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wear Resistant Packaging Market Research Report
By Type
Polyester (PET), Polypropylene (OPP), Nylon, Others
By Application
Food & Beverages, Retail and Consumer goods, Automotive, Cosmetics, Pharmaceuticals, Electronics, Others
By Companies
Accredo Packaging, DS Smith, Georgia-Pacific, Rengo, Smurfit Kappa Group, Whitlam Group
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Wear Resistant Packaging Market Report Segments:
The global Wear Resistant Packaging market is segmented on the basis of:
Types
Polyester (PET), Polypropylene (OPP), Nylon, Others
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
Food & Beverages, Retail and Consumer goods, Automotive, Cosmetics, Pharmaceuticals, Electronics, 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:
- Accredo Packaging
- DS Smith
- Georgia-Pacific
- Rengo
- Smurfit Kappa Group
- Whitlam Group
Highlights of The Wear Resistant 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:
- Polyester (PET)
- Polypropylene (OPP)
- Nylon
- Others
- By Application:
- Food & Beverages
- Retail and Consumer goods
- Automotive
- Cosmetics
- Pharmaceuticals
- Electronics
- 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 Wear Resistant 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
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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?
Wear resistant packaging is a type of packaging that can resist damage from wear and tear. It may be used for products such as food, beverages, cosmetics, and other consumer goods.
Some of the major companies in the wear resistant packaging market are Accredo Packaging, DS Smith, Georgia-Pacific, Rengo, Smurfit Kappa Group, Whitlam Group.
The wear resistant packaging market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wear Resistant 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 Wear Resistant Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wear Resistant 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 Wear Resistant 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 Wear Resistant Packaging Market Size & Forecast, 2020-2028
4.5.1 Wear Resistant Packaging Market Size and Y-o-Y Growth
4.5.2 Wear Resistant 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 Polyester (PET)
5.2.2 Polypropylene (OPP)
5.2.3 Nylon
5.2.4 Others
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 Food & Beverages
6.2.2 Retail and Consumer goods
6.2.3 Automotive
6.2.4 Cosmetics
6.2.5 Pharmaceuticals
6.2.6 Electronics
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wear Resistant 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 Wear Resistant 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 Polyester (PET)
9.6.2 Polypropylene (OPP)
9.6.3 Nylon
9.6.4 Others
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 Food & Beverages
9.10.2 Retail and Consumer goods
9.10.3 Automotive
9.10.4 Cosmetics
9.10.5 Pharmaceuticals
9.10.6 Electronics
9.10.7 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 Polyester (PET)
10.6.2 Polypropylene (OPP)
10.6.3 Nylon
10.6.4 Others
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 Food & Beverages
10.10.2 Retail and Consumer goods
10.10.3 Automotive
10.10.4 Cosmetics
10.10.5 Pharmaceuticals
10.10.6 Electronics
10.10.7 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 Polyester (PET)
11.6.2 Polypropylene (OPP)
11.6.3 Nylon
11.6.4 Others
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 Food & Beverages
11.10.2 Retail and Consumer goods
11.10.3 Automotive
11.10.4 Cosmetics
11.10.5 Pharmaceuticals
11.10.6 Electronics
11.10.7 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 Polyester (PET)
12.6.2 Polypropylene (OPP)
12.6.3 Nylon
12.6.4 Others
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 Food & Beverages
12.10.2 Retail and Consumer goods
12.10.3 Automotive
12.10.4 Cosmetics
12.10.5 Pharmaceuticals
12.10.6 Electronics
12.10.7 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 Polyester (PET)
13.6.2 Polypropylene (OPP)
13.6.3 Nylon
13.6.4 Others
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 Food & Beverages
13.10.2 Retail and Consumer goods
13.10.3 Automotive
13.10.4 Cosmetics
13.10.5 Pharmaceuticals
13.10.6 Electronics
13.10.7 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 Wear Resistant Packaging Market: Competitive Dashboard
14.2 Global Wear Resistant Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Accredo Packaging
14.3.2 DS Smith
14.3.3 Georgia-Pacific
14.3.4 Rengo
14.3.5 Smurfit Kappa Group
14.3.6 Whitlam Group
