Market Snapshot:
When there are variable shipping environments it is an On demand packaging concept is used. Rather than getting premade boxes, getting a package that is designed for the respective product On Demand saves multiple expenses and wastage. Every packaging is tailored for the respective operation. Using the proper box size for your orders increases product protection and eliminates the need for costly void fill. Excess transportation charges (such as dimensional weight) are lowered, more cartons fit onto each truck (cutting their carbon footprint), and customer satisfaction improves as a result of the reduced waste they must dispose of.
Highlights from On Demand Packaging Solution Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Ball Corporation (United States), International Paper Company (United States), Amcor (Australia), Avery Dennison Corporation (United States), WestRock (United States), Tetra Laval (Switzerland), Oji Holdings (Japan), Reynolds Group Holdings (New Zealand), Stora Enso (Finland) and West Pharmaceutical Services (United States). Additionally, other players that are part of this comprehensive study are Packaging Corporation of America (United States), Crown Holdings (United States), Smurfit Kappa Group (Ireland) and CCL Industries (Canada).
Geographic Breakdown and Segment Analysis
The Global On Demand Packaging Solution market presents a comprehensive analysis of the On Demand Packaging Solution market by product type (Packaging and Display), by end-user/application (Cushioning, Void-fill, Wrapping and Other), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global On Demand Packaging Solution industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the On Demand Packaging Solution market
Analyst at AMA have segmented the market study of Global On Demand Packaging Solution market by Type, Application and Region.
Influencing Trend:
An Increase in Doorstep Delivery and E-Commerce is Showing a Positive Impact on the On Demand Packaging Industry
Market Growth Drivers:
With the Rise in Population Growth and Massive Urbanization, Frozen Food Requirements Have Been Increasing Consecutively Resulting in a Driving Factor for Growth in On Demand Packaging.
Challenges:
Adopting the Rapid Advancement in Technology and Managing Rising Prices of Raw Materials.
Restraints:
Regulations Related to Materials Used Should Be Eco-Friendly and Recyclable.
Opportunities:
At The Rate At Which The Cloud Kitchen Concept Is Growing It Is Going Open Multiple Doors For The On Demand Packaging Market.
Market Developments Activities:
In Nov 2023, Sealed Air and Ranpak formed a strategic partnership to develop and market innovative on-demand packaging solutions, combining their expertise in materials and automation.
In Oct 2023, Zume announced its expansion into on-demand food packaging, offering customized boxes and coolers for restaurants and delivery services.
Regulatory Insights:
Under the Federal Food, Drug, and Cosmetic Act, it is the FDA’s responsibility to make certain that no packaging materials contaminate food, and to determine if new food-contact materials, or new uses of already-used materials, are safe. While the FDA’s principal concern is the safety of the packaging material’s contact with food, the National Environmental Policy Act (NEPA) has required the agency’s evaluation of the packaging materials’ environmental impact as well. All food-packaging clearances require an Environmental Assessment (EA), followed by a Finding of No Significant Impact (FONSI) and clearance by the FDA.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
Packaging Service Providers, New Entrants and Investors, Biodegradable Foodservice Disposables Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others