Mailer Packaging Market to be Dominated by E-commerce sector through 2028
Growing adoption from e-commerce industry is expected to
drive the Global Mailer Packaging market in the forecast period 2024-2028
According
to TechSci Research report, “Mailer Packaging Market -
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, Global Mailer Packaging Market
is anticipated to upsurge at an impressive rate in the forecast period 2024-2028.
A significant factor fueling the growth of the Global Mailer Packaging Market is
increasing preference for online shopping and increase in the demand of
packaged food. In addition, growing demand for protective packaging for
sensitive drugs due to their long life and robustness further fuel the growth
of Global Mailer Packaging market.
For instance, in 2021, Smurfit Kappa Group
plc acquired Cartones del Pacifico SAC, a paper-based packaging company based
in Peru, to expand its footprint in the America.
Furthermore,
the market is being further stimulated by growing demand from cosmetic,
electronics, and textile sectors.
However, the availability of alternative packaging
products along with high raw material costs can further slowdown the market
growth.
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Global
Mailer Packaging Market is segmented based on material, product, insulation, end
use, and region.
Based
on material, the market is split into plastic, paper, foil, and others.
Paper is expected to hold the largest market share in
the forecast period, 2024-2028. It is due to paper packaging providing a scope
for printing company details and logos, help in advertisement and marketing of
the brand in the consumer market.
Based
on product, the market is categorized into cushioned and non-cushioned. The cushioned segment is expected to hold the largest
market share in the forecast period, 2024-2028. As it offers extra protection
by providing cushioning against sharp edges and protection against liquid
exposure while shipping.
Based
on insulation, the market is segmented into insulated and non-insulated. The
insulated segment is
expected to hold the largest market share in the forecast period, 2024-2028. As
it helps to protect the packaged products from the outside environment
temporarily by maintaining the inside temperature.
Based on end use, the market is fragmented
into e-commerce, shipping &
logistics, manufacturing & warehousing, and others. The E-commerce segment is expected to
hold the largest market share in the forecast period, 2024-2028. This is due to
increasing expenditures, power of customers, especially in improving economies
on online purchasing.
Major
companies operating in the global Mailer Packaging market are:
- Pregis
LLC.
- Sealed
Air Corporation
- ProAmpac
LLC
- Georgia-Pacific
LLC
- Crown
Packaging Corp.
- Mondi
plc
- Henkel
Corporation
- Accurate
Box Company, Inc.
- WestRock
Company
- 3M
Company
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“Asia Pacific region is expected to grow
at the highest rate during the forecast period due to rapid industrialization
and the exponential growth of e-commerce. Additionally, easy availability of
raw materials and low labor costs result in the market growth. Furthermore, in North
America, awareness of consumer regarding the online purchasing as well as a
well-established logistics and e-commerce industry create huge prospects of
market growth during the forecast period,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based global management consulting
firm.
“Mailer Packaging
Market- Global Industry Size, Share, Trends, Opportunity, and Forecast,
2018-2028 Segmented By Material (Plastic, Paper, Foil, Others), By Product
(Cushioned, Non-Cushioned), By Insulation (Insulated, Non-Insulated), By End
Use (E-commerce, Shipping & Logistics, Manufacturing & Warehousing,
Others), By Region, and Competition,
has evaluated the future growth potential of Global Mailer Packaging Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision-makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Global Mailer Packaging Market.”
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