What is Dunnage Packaging Market?
Dunnage packaging involves a variety of products used to load and secure cargo during transportation. Dunnage is a scrap wood or disposable manufactured material acts as a structural platform for mechanical equipment. It can be made from various types of materials and products such as plastic, foam, aluminum, wood, steel and corrugates paper.
The market study is being classified, by Application (Automotive, Aerospace, Electronics, Food & Beverages, Consumer Durables, Healthcare and Others (Construction, Oil & Lubricants, and Chemicals)) and major geographies with country level break-up.
DS Smith (United Kingdom), Menasha Corporation (United States), Schoeller Allibert (Netherlands), Myers Industries (United States), Nefab (Sweden), UFP Technologies (United States), Reusable Transport Packaging (Florida), Amatech Inc. (United States), MJSolpac Ltd. (United Kingdom) and Rehrig Pacific Company (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Dunnage Packaging market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Dunnage Packaging market by Type, Application and Region.
On the basis of geography, the market of Dunnage Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Demand from Automobile Industry
- Wide Variety of Packaging Applications
Market Trend
- Demand for Innovative Packaging Solutions
Restraints
- Fluctuations in the Raw Material Price
Opportunities
- Growing Packaging Industry Worldwide
- Rise in the Research and Development Investment by Organizations
Challenges
- Varying Environmental Conditions Worldwide
Key Target Audience
Dunnage Packaging Providers, Research Professionals, Emerging Companies, Government Body & Associations and End user