Growing adoption from the e-commerce industry is expected to drive the Global Mailer Packaging market in the forecast period 2024-2028. According to the TechSci Research report, “Mailer Packaging Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, Global Mailer Packagins Market is anticipated to upsurge at an impressive rate in the forecast period 2024-2028.
The Important Factors of the Global Mailer Packagings Market
A significant factor fueling the growth of the Global Mailer Packaging Market is the increasing preference for online shopping and the increase in the demand for packaged food. In addition, the growing demand for protective packaging for sensitive drugs due to their long life and robustness further fuel the growth of the 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 America.
Furthermore, the market is being further stimulated by growing demand from the cosmetic, electronics, and textile sectors.
However, the availability of alternative packaging products along with high raw material costs can further slow down 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 scope for printing company details and logos, helping in the 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 increased expenditures, and the power of customers, especially in improving economies on online purchasing.
Major companies operating in the global Mailer Packagings 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, the easy availability of raw materials and low labor costs result in market growth. Furthermore, in North America, awareness of consumers regarding 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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