About High Pressure Protective Packaging Film
High-Pressure Protective Packaging Film plays a vital role in transporting or shipping the products with their quality packings. These films help in providing the solution for protecting goods against any physical hazards or environmental condition. High-pressure protective packaging film retains the air sealed within the film for longer periods of time which helps to guard the products that need longer shipping cycles and storage. These films can be applied to different weights and on hybrid cushioning. Increase in online shopping globally is driving the market for High-Pressure Protective Packaging Film.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.23% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new modifications in the existing products and collaborations as per their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a large competitive advantage through the combined synergies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global High Pressure Protective Packaging Film market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Fujifilm (Japan), Sealed Air Corporation (United States), Pregis LLC (United States), Automated Packaging Systems, Inc. (United States), Barton Jones Packaging Ltd (United Kingdom), iVEX Protective Packaging Inc (United Kingdom) and DowDuPont Inc (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Hafliger Films S.P.A (Italy), Rajapack Ltd (United Kingdom) and Custom Plastics, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global High Pressure Protective Packaging Film market by Type (Bubble Wrap, Void-Fill Pillows and Other), Application (Electronics, Automotive, Medical, E-commerce, Housewares and Other) and Region.
On the basis of geography, the market of High Pressure Protective Packaging Film 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). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the High Pressure Protective Packaging Film market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Lightweight High-Pressure Protective Packaging Film and Acceptance of Hybrid Cushioning by Various Companies
Market Growth Drivers:
Increasing Need for Transporting the Goods Safely during Transportation and The Rise in Online Shopping Globally
Challenges:
Issue Related to Complex Packaging of the Products
Restraints:
Availability of Substitute Products in Markets Such as Paper and Foam
Opportunities:
Growth of the E-Commerce Industry Bodies in Developing Nations and Rising Awareness Regarding Eco-Friendly Materials for Packing Products in both Developed and Developing Countries
Market Leaders and their expansionary development strategies
In February 2023, TotalEnergies and Ecolab have partnered to launch plastic packaging incorporating recycled material that will contribute to promoting circularity in heavy use packaging. The collaboration with TotalEnergies proves once again how important it is to create innovative partnerships to provide the best solutions,” said Anja de Reus, VP Sustainability Europe at Ecolab
In June 2023, Pregis introduces Pregis AirSpeed Hybrid Cushioning (HC) Renew PCR, the only high-pressure air cushioning film made with 80 percent post-consumer recycled (PCR) content. This innovative product represents a significant advancement for companies seeking to improve the sustainability of their protective packaging without compromising on performance.
Key Target Audience
High-Pressure Protective Packaging Film Manufactures, High-Pressure Protective Packaging Film Distributors, End-Users, Private Organization, Government Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.