Market Overview:
The Global Void Fill Products Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for void fill products in various end-use industries, such as automotive, food & beverage industry, pharmaceuticals & biomedical industry, home care packing & cosmetics industry and others. Inflated air packaging is the most commonly used type of void fill product and it accounted for the largest share of the global market in 2017. However, paper void fill material is projected to grow at a higher CAGR during the forecast period owing to its low cost and environmental friendly nature as compared with other types of void fill products.
Product Definition:
Void fill products are used to fill the empty spaces in a package or container. This helps to protect the product from damage and prevents it from moving around inside the package. Void fill products can be made from a variety of materials, including foam, paper, and plastic.
Inflated Air Packaging:
Inflated air packaging is a process of packing food and other products in which the primary material used for packaging is inflated with carbon dioxide or nitrogen gas. The primary material used for inflating the package includes plastic, paper, metal foils, and others. Inflated air packaging offers several advantages such as it helps in increasing the shelf life of perishable products by reducing oxidation and microbiological degradation.
Paper Void Fill Material:
Paper void fill material is used in the production of various void fill products such as paper cups, plates, bowls and trays. The product is made from pulp & paper waste materials that are recovered during the manufacturing process of writing & printing papers.
The global market for Void Fill Products (VFP) is expected to witness significant growth over the forecast period owing to increasing demand for environment-friendly disposable products across end-use industries including foodservice and healthcare among others.
Application Insights:
The automotive industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The void fill products used in this industry are inflated air packaging, paper void fill material, expanded polystyrene (EPS) foam and other.
Automotive applications include interior trim assembly, body panels under the hood & trunk closures of vehicles, seat back bolster installation kits for vehicles (excluding seats), door panel installation kits for vehicles (excluding doors), window regulator installation kit for vehicle without regulator handle closure sets and others.
The food & beverage industry is projected to witness significant growth over the forecast period owing to rising demand from various end-use industries including pharmaceuticals and aerospace & defense globally.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to the well-established automotive and food & beverage industries in the region. Moreover, growing demand for void fill products from these industries is expected to drive market growth over the forecast period. Europe also held a significant share in terms of revenue due to high demand from several major application sectors including automotive, construction, packaging and electrical & electronics industry.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 6.5% during the forecast period on account of rapid industrialization coupled with increasing population and consumer disposable income levels across emerging economies such as India, China.
Growth Factors:
- Increasing demand for lightweight and durable packaging products to reduce shipping costs
- Rising demand from end-use industries such as automotive, construction, and electronics
- Growing popularity of void fill products among small businesses due to their low cost and easy handling
- Proliferation of online shopping resulting in increased need for protective packaging solutions
- Technological advancements that have led to the development of new types of void fill products
Scope Of The Report
Report Attributes
Report Details
Report Title
Void Fill Products Market Research Report
By Type
Inflated Air Packaging, Paper Void Fill Material, EPS Foam, Other
By Application
Automotives, Food & Beverage Industry, Pharmaceutical & Biomedical Industry, Home Care Packing & Cosmetics Industries, Other
By Companies
Macfarlane Group, Network Packaging, Sealed Air, SincoBag, Crawford Packaging, Polycell, Intertape Polymer, Sealed Air, Pregis, Ranpak, Future Packaging, Shenzhen Shinerpacking, Yantai Bagese 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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Void Fill Products Market Report Segments:
The global Void Fill Products market is segmented on the basis of:
Types
Inflated Air Packaging, Paper Void Fill Material, EPS Foam, Other
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
Automotives, Food & Beverage Industry, Pharmaceutical & Biomedical Industry, Home Care Packing & Cosmetics Industries, Other
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:
- Macfarlane Group
- Network Packaging
- Sealed Air
- SincoBag
- Crawford Packaging
- Polycell
- Intertape Polymer
- Sealed Air
- Pregis
- Ranpak
- Future Packaging
- Shenzhen Shinerpacking
- Yantai Bagese Packaging
Highlights of The Void Fill Products 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:
- Inflated Air Packaging
- Paper Void Fill Material
- EPS Foam
- Other
- By Application:
- Automotives
- Food & Beverage Industry
- Pharmaceutical & Biomedical Industry
- Home Care Packing & Cosmetics Industries
- Other
- 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 Void Fill Products 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
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- 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?
Void fill products are a type of product that is used to fill in spaces or gaps in an object. They are often used to create objects that have a three-dimensional appearance.
Some of the major players in the void fill products market are Macfarlane Group, Network Packaging, Sealed Air, SincoBag, Crawford Packaging, Polycell, Intertape Polymer, Sealed Air, Pregis, Ranpak, Future Packaging, Shenzhen Shinerpacking, Yantai Bagese Packaging.
The void fill products market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Void Fill Products Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Void Fill Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Void Fill Products Market - Supply Chain
4.5. Global Void Fill Products Market Forecast
4.5.1. Void Fill Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Void Fill Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. Void Fill Products Market Absolute $ Opportunity
5. Global Void Fill Products Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Void Fill Products Market Size and Volume Forecast by Type
5.3.1. Inflated Air Packaging
5.3.2. Paper Void Fill Material
5.3.3. EPS Foam
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Void Fill Products Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Void Fill Products Market Size and Volume Forecast by Application
6.3.1. Automotives
6.3.2. Food & Beverage Industry
6.3.3. Pharmaceutical & Biomedical Industry
6.3.4. Home Care Packing & Cosmetics Industries
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Void Fill Products Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Void Fill Products Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Void Fill Products Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Void Fill Products Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Void Fill Products Demand Share Forecast, 2019-2026
9. North America Void Fill Products Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Void Fill Products Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Void Fill Products Market Size and Volume Forecast by Application
9.4.1. Automotives
9.4.2. Food & Beverage Industry
9.4.3. Pharmaceutical & Biomedical Industry
9.4.4. Home Care Packing & Cosmetics Industries
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Void Fill Products Market Size and Volume Forecast by Type
9.7.1. Inflated Air Packaging
9.7.2. Paper Void Fill Material
9.7.3. EPS Foam
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Void Fill Products Demand Share Forecast, 2019-2026
10. Latin America Void Fill Products Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Void Fill Products Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Void Fill Products Market Size and Volume Forecast by Application
10.4.1. Automotives
10.4.2. Food & Beverage Industry
10.4.3. Pharmaceutical & Biomedical Industry
10.4.4. Home Care Packing & Cosmetics Industries
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Void Fill Products Market Size and Volume Forecast by Type
10.7.1. Inflated Air Packaging
10.7.2. Paper Void Fill Material
10.7.3. EPS Foam
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Void Fill Products Demand Share Forecast, 2019-2026
11. Europe Void Fill Products Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Void Fill Products Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Void Fill Products Market Size and Volume Forecast by Application
11.4.1. Automotives
11.4.2. Food & Beverage Industry
11.4.3. Pharmaceutical & Biomedical Industry
11.4.4. Home Care Packing & Cosmetics Industries
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Void Fill Products Market Size and Volume Forecast by Type
11.7.1. Inflated Air Packaging
11.7.2. Paper Void Fill Material
1.7.3. EPS Foam
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Void Fill Products Demand Share, 2019-2026
12. Asia Pacific Void Fill Products Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Void Fill Products Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Void Fill Products Market Size and Volume Forecast by Application
12.4.1. Automotives
12.4.2. Food & Beverage Industry
12.4.3. Pharmaceutical & Biomedical Industry
12.4.4. Home Care Packing & Cosmetics Industries
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Void Fill Products Market Size and Volume Forecast by Type
12.7.1. Inflated Air Packaging
12.7.2. Paper Void Fill Material
12.7.3. EPS Foam
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Void Fill Products Demand Share, 2019-2026
13. Middle East & Africa Void Fill Products Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Void Fill Products Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Void Fill Products Market Size and Volume Forecast by Application
13.4.1. Automotives
13.4.2. Food & Beverage Industry
13.4.3. Pharmaceutical & Biomedical Industry
13.4.4. Home Care Packing & Cosmetics Industries
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Void Fill Products Market Size and Volume Forecast by Type
13.7.1. Inflated Air Packaging
13.7.2. Paper Void Fill Material
13.7.3. EPS Foam
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Void Fill Products Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Void Fill Products Market: Market Share Analysis
14.2. Void Fill Products Distributors and Customers
14.3. Void Fill Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Macfarlane Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Network Packaging
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sealed Air
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SincoBag
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Crawford Packaging
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Polycell
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Intertape Polymer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sealed Air
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pregis
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ranpak
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Future Packaging
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shenzhen Shinerpacking
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Yantai Bagese Packaging
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
