Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Void Fill Products 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) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Void Fill Products 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) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 143613 3300 Chemical & Material 377 250 Pages 4.8 (45)
                                          

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.


Global Void Fill Products Industry Outlook


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:

  1. Macfarlane Group
  2. Network Packaging
  3. Sealed Air
  4. SincoBag
  5. Crawford Packaging
  6. Polycell
  7. Intertape Polymer
  8. Sealed Air
  9. Pregis
  10. Ranpak
  11. Future Packaging
  12. Shenzhen Shinerpacking
  13. Yantai Bagese Packaging

Global Void Fill Products Market Overview


Highlights of The Void Fill Products Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Inflated Air Packaging
    2. Paper Void Fill Material
    3. EPS Foam
    4. Other
  1. By Application:

    1. Automotives
    2. Food & Beverage Industry
    3. Pharmaceutical & Biomedical Industry
    4. Home Care Packing & Cosmetics Industries
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Void Fill Products Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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.

                                            
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

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