Leeds, UK -- (SBWIRE) -- 10/23/2020 -- Global Dunnage Packaging Market Analysis

The Global Dunnage Packaging Market was valued at USD 2.98 Billion in 2019 and is projected to succeed in reaching USD5.02 Billion by 2027, rising at a CAGR of 6.5% from 2020 to 2027.Global Dunnage Packaging Market Definition

Dunnage packaging is the protecting packaging utilized in transportation and logistics operations to keep away from harm that may have an effect on the quality during the handling of the product. Dunnage can also be referring to as low precedence cargo. As many consumables every day transported from one place to a different frequently, it's anticipated that the Dunnage Packaging market to develop considerably throughout the forecast interval. Other than safety from harm, Dunnage Packaging gives many different benefits such because it permits new design & improvements flexibility, cost-effectiveness, gives correct cushioning, setting pleasant and resistive to exterior warmth & abrasive conditions. Thus, the Dunnage Packaging turns into very environment friendly in end use industries such as meals & beverage, automotive, construction and electronics. The rise in e-commerce and retail enterprise can also be the reason which boosts the Dunnage Packaging market sooner or later.

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Global Dunnage Packaging Market Overview

The elements which drive the Dunnage Packaging market are urbanization, rise in food & beverage sector, precision, product security, effectivity throughout transportation & dealing with of the product, strength, flexibility. The elements which restrain the Dunnage Packaging market are excessive value funding which impacts the small scale or new producers to outlive in the market, various environmental circumstances throughout the area and compatibility of packaging in such region and government's legal guidelines & rules.

Global Dunnage Packaging Market by Raw Material Outlook

- Corrugated Plastic

- Moulded Plastic

- Aluminium

- Steel

- Fabric

- Corrugated Paper

- Wood

- Foams

- Others.

Global Dunnage Packaging Market by Application

- Automotive

- Aerospace

- Electronics

- Food & Beverage

- Consumer Durables

- Healthcare

- Others

The major players in the market are DS Smith, Menasha Corporation, Schoeller Allibert, Myers Industries, Nefab Group, UFP Technologies, Reusable Transport Packaging, Amatech Inc., MJSolpac Ltd., Rehrig Pacific Company, Packaging Corporation of America, Interior Packaging Design, LLC, Gwp Group, Dunnage Engineering, Ckdpack Packaging Inc., Artisanz Fabrication and Machine, LLC, Jida Industrial Solutions.

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