Global Shipping Supplies Market Overview:
Shipping supplies can be used to package products that will be shipped by cargo ship or plane. Envelopes, labels, protective packaging, wraps, tubes, tags, and other packaging kinds are mostly found in shipping materials. The shipping supplies used for packaging safeguard the cargo from a variety of hazards, including accidents, strong rain, extreme heat, humidity, and so on. Shipping supplies are primarily concerned with the packing needs of products in transit. As the logistics sector grows, the demand for goods packaging grows as well. Financial institutions, hospitals, hotels, courier services, national retail enterprises, government organisations, and other end users primarily use shipping goods.
Growth Drivers
- Increase in Import and Export of Countries across the World are Driving the Growth of Shipping Supplies Market
- Increasing Consumption of Shipping Supplies is driving the Shipping Supplies Market
Roadblocks
- High Cost of Raw Material
Opportunities
- Rising Opportunities in Emerging Economies
- Growth in Logistics and Shipping Industry due to Weakening of Trade Laws
Challenges
- Strict Norms Regarding Trade Barriers in Some Countries across the Globe may hamper the market Growth
- High Competition among Established Players
Competitive Landscape:
The demand for shipping supplies is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Staples, Uline, UPS, The ODP Corporation and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders demonstrate a market-defining vision of how shipping supplies can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings.
Some of the key players profiled in the report are 3M (United States), Staples (United States), The ODP Corporation (United States), Uline, Inc. (United States), United States Postal Service (United States), GLS Group (Netherlands), Ferguson Box Company (United States), Western Container Corporation (United States), Great Little Box Company Ltd. (Canada) and The Cary Company (United States). Additionally, following companies can also be profiled that are part of our coverage like International Plastics Inc. (United States), Paper Mart (United States) and Uway Packaging Supplies (United States). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Shipping Supplies market by 2027. Considering Market by End Users, the sub-segment i.e. Courier service companies will boost the Shipping Supplies market. Considering Market by Material Type, the sub-segment i.e. Plastic will boost the Shipping Supplies market.
What Can be Explored with the Shipping Supplies Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Shipping Supplies Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Shipping Supplies
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Shipping Supplies market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Shipping Supplies market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Raw Material Suppliers and End-use industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.