NEWARK, DE / ACCESSWIRE / August 9, 2022 / As per Future Market Insights' latest industry analysis, the global packaging inserts market is slated to reach a valuation of US$ 2.2 Bn in 2022. Demand is forecast to gain traction at a 4.5% CAGR over the assessment period, with the market size reaching US$ 3.5 Bn by 2032.
Packing inserts are additional items that retailers can include in their shipments before they ship to their customers and are a great way to streamline their shipping and fulfilment strategies. Customers do not have to pay extra for leaflets. Instead, packing inserts are used by brands to increase brand awareness and add value to their campaigns and promotions. Package inserts are a cheap and versatile gesture for building customer relationships
Over the last decade, technological advancements have forced the manufacturers of packaging solutions including packaging inserts to offer solutions with the modernized mechanism. Moreover, the demand for packaging inserts has resulted in increased worldwide acceptance of the same.
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To produce high quality recycled materials for packaging liners, manufacturers need to consider the physical and chemical modification indices while adjusting the mixing ratio of the recycled materials. Liner manufacturers are expanding their production beyond plastics and foams.
Luxury goods often use packaging inserts to present products to customers in the best possible way. Packing inserts are widely used in luxury products for adding value and personal touches, thank you cards, small gifts, product samples and more. Packaging liners are often used for beverages, cosmetics and delicate items. According to the survey, the market is expected to grow 1.6 times over the next 10 years.
"High preference for durable packaging material for international shipping, along with increasing demand for flexible packaging in the ecommerce and cosmetics sectors will augment the growth in the market," says an FMI analyst.
Key Takeaways:
- Tray packaging inserts consumption is estimated to account for 42-45% of the total market share in 2022.
- Total sales of packaging inserts in the food & beverage sector will reach a valuation of US$ 390 Mn over the forecast period.
- The U.S. packaging inserts market is slated to account for 17% of the total market share by 2032.
- Demand in Germany will grow at a 3.5-3.6% CAGR over the assessment period.
- Sales in the India market will increase by 1.8x the current value over the forecast period.
Global Packaging Inserts Market Report
Future market insights, in its new report, offers an unbiased analysis of the global market for packaging inserts market by product type (trays, end caps and sheets), by material (paper & paperboard, plastic, foam and molded fiber), by end use industry (food & beverages, electrical & electronics, automotive, healthcare, industrial and cosmetics) across seven regions.
Competition Landscape
Mondi Group, DS Smith Plc, Cascades Inc., Innerpak Inc., Smurfit Kappa Group, Dynamic Packaging, LLC, Brimar Packaging USA, AMERICAN BOX COMPANY, VisiPak , Index Packaging, Inc., Barco Sales and Manufacturing, Inc., UFP Technologies, Inc., Polyformes Limited, Synergy Packaging, VICTORY FOAM, Tucson Container, Engineered Components & Packaging, American Foam Products, Enterprise Europe Network, and GP Products LLP.
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Global Packaging Inserts Market Report
Future market insights, in its new report, offers an unbiased analysis of the global market for packaging inserts market by product type (trays, end caps and sheets), by material (paper & paperboard, plastic, foam and molded fiber), by end use industry (food & beverages, electrical & electronics, automotive, healthcare, industrial and cosmetics) across seven regions.
Global Packaging Inserts Market by Category
Product Type:
- Trays
- End Caps
- Sheets
Material:
- Paper & Paperboard
- Plastic
- Foam
- Molded fiber
End Use Industry:
- Food & Beverages
- Electrical & Electronics
- Automotive
- Healthcare
- Industrial
- Cosmetics
Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
About the Packaging Division at Future Market Insights
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Macro Factors and Forecast Factors
3.4. Value Chain Analysis
3.4.1. Profit Margin Analysis
3.4.2. Raw Product Type Suppliers
3.4.3. Manufacturers, Wholesalers and Distributors
3.4.4. End Users/ Customers
3.5. Regional Parent Market Outlook
3.6. Production and Consumption Statistics
3.7. Global Average Pricing Analysis Benchmark
Have a Look at Related Research Reports of Packaging Market Insights
Foam Packaging Inserts Market Size: Foam Packaging Inserts Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment; 2017 - 2027
FMCG Packaging Market Share: The global FMCG packaging market is expected to reach US$ 418.8 Bn in 2022, with sales growing at a CAGR of 5.7% through 2032
Beverage Packaging Market Trend: The global beverage packaging market is estimated at USD 104.8 Bn in 2022 and is projected to reach USD 128.2 Bn by 2027, at a CAGR of 4.1% from 2022 to 2027.
Flexible Packaging Paper Market Demand: The flexible packaging paper market is on track to grow at an estimated CAGR of 4% during 2022-2032
Biodegradable Packaging Market Outlook: Biodegradable Packaging Market - Global Industry Analysis 2015 - 2019 and Opportunity Assessment; 2020 - 2030
Temperature Controlled Packaging Solutions Market Sale: The global temperature controlled packaging solutions market is all set to witness a staggering CAGR of 8.1% between 2022 and 2030. It is estimated to reach US$ 23.2 Bn by the year 2030
Protective Packaging Market Type: The protective packaging Market demand remains positive with the market forecast to rise at a CAGR of 4.8% from 2021 - 2031
Dairy Products Packaging Market Forecast: The global dairy products packaging market is likely to progress at a CAGR of 4.5% between 2022 and 2030, reaching US$ 43.6 Bn by the year 2030
Liquid Carton Packaging Market Analysis: The liquid carton packaging market is anticipated to record a CAGR of 5.8% during the forecast period, up from US$ 20.42 Bn in 2022 to reach a valuation of US$ 34.93 Bn by 2032.
Next Generation Packaging Market Value: The global next generation packaging market would witness a leap of growth at a CAGR of 6.1% between 2022 and 2032, reaching US$ 49.3 Bn between2022 and 2032
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