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Transit Packaging Market - Global Industry Analysis

Transit Packaging Market - By Product Types (Barrels, Wooden Crates, Intermediate Bulk Containers, Strapping, and Corrugated Boxes), By Applications (Consumer Goods, Pharmaceuticals, Third-Party Logistics, Electrical & Electrical & Electronics, Industrial Machinery & Equipment, Food & Beverages, Building & Construction, Chemicals, Automotive, and E-Commerce), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 22-Jul-2020 Category: Packaging Report Format : PDF Report Code: ZMR-3503 Status : Published

Global Transit Packaging market will register a CAGR of over 3.3% during the period from 2020 to 2026.

Description

The global Transit Packaging market will register a CAGR of over 3.3% during the period from 2020 to 2026. The report offers assessment and analysis of the Transit Packaging market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Introduction

Packaging is necessary for the goods in transit during their export or import. The need for effective packaging solutions will steer the demand for transit packaging in the coming years. The flourishing end-use sectors like automotive, food & beverages, and chemical industries will create lucrative avenues for the transit packaging industry over the forecast timeframe. The surging trade activities will further add towards the expansion of transit packaging industry over the forecast timeline.

Market Growth Dynamics

The growing need for safety of products during transportation has driven the use of corrugated boxes for product packaging during the product transit. Apart from this, the corrugated packaging not only protects the product from damage but is recyclable & can sustain tough climatic conditions. All these factors will unlock new growth opportunities for transit packaging market over the forthcoming years. Additionally, thriving ecommerce activities will influence the popularity of transit packaging products over the forecast period. Growing urbanization, rise in the global trade activities, and industrialization across the globe will impel the expansion of the industry over the forthcoming years.

Asia Pacific Market To Witness Rapid Growth Over Forecast Timeline

The expansion of the market in the region over the forecast timeline is due to rise in the manufacturing activities in the countries like India and China. In addition to this, large-scale production of horticulture items as well as flourishing food & beverage industry will propel the business growth in the region during the timespan from 2020 to 2026. Furthermore, rise in the transportation activities in countries like Japan, Australia, and Indonesia will proliferate the business growth over the forecast timeline. 

Key players profiled in the report include Svenska Cellulosa AB SCA, Sonoco Products Company, ZOTEFOAMS INC., Smurfit Kappa Group, Mondi, Packaging Corporation of America, Greif, Inc., Pratt Industries, Inc., and BillerudKorsnas AB.

The global transit packaging market is segmented as follows:

By product types:

  • Strapping
  • Wooden Crates
  • Barrels
  • Intermediate Bulk Containers
  • Corrugated Boxes

By applications:

  • Pharmaceuticals
  • Consumer Goods
  • Third-Party Logistics
  • Industrial Machinery & Equipment
  • Electrical & Electrical & Electronics
  • Food & Beverages
  • Chemicals
  • Building & Construction
  • Automotive
  • E-Commerce

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Transit Packaging Market, 2016–2026(USD Billion)
    • 2.2. Transit Packaging Market: Snapshot
  • Chapter 3. Global Transit Packaging Market– Industry Analysis
    • 3.1. Transit Packaging Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Growing urbanization, rise in the global trade activities, and industrialization across the globe will impel the expansion of the industry over the forthcoming years.
      • 3.2.2. Thriving ecommerce activities will influence the popularity of transit packaging products, thereby driving the market expansion over the forecast timespan.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Product Types
      • 3.4.2. Market attractiveness analysis By Application
  • Chapter 4. Global Transit Packaging Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Transit Packaging Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product Types launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Transit Packaging Market–Product Types Analysis
    • 5.1. Global Transit Packaging Market overview: By Product Types
      • 5.1.1. Global Transit Packaging Market Share, By Product Types ,2019 and 2026
    • 5.2. Barrels
      • 5.2.1. Global Transit Packaging Market by Barrels, 2016–2026(USD Billion)
    • 5.3. Wooden Crates
      • 5.3.1. Global Transit Packaging Market by Wooden Crates, 2016–2026(USD Billion)
    • 5.4. Intermediate Bulk Containers
      • 5.4.1. Global Transit Packaging Market by Intermediate Bulk Containers, 2016–2026(USD Billion)
    • 5.5. Strapping
      • 5.5.1. Global Transit Packaging Market by Strapping, 2016–2026(USD Billion)
    • 5.6. Corrugated Boxes
      • 5.6.1. Global Transit Packaging Market by Corrugated Boxes, 2016–2026(USD Billion)
  • Chapter 6. Global Transit Packaging Market– Application Analysis
    • 6.1. Global Transit Packaging Market overview: By Application
      • 6.1.1. Global Transit Packaging Market Share, By Application , 2019 and 2026
    • 6.2. Electrical & Electronics
      • 6.2.1. Global Transit Packaging Market By Electrical & Electronics , 2016–2026(USD Billion)
    • 6.3. Consumer Goods
      • 6.3.1. Global Transit Packaging Market By Consumer Goods, 2016–2026(USD Billion)
    • 6.4. Pharmaceuticals
      • 6.4.1. Global Transit Packaging Market By Pharmaceuticals, 2016–2026(USD Billion)
    • 6.5. Automotive
      • 6.5.1. Global Transit Packaging Market By Automotive, 2016–2026(USD Billion)
    • 6.6. Third-Party Logistics
      • 6.6.1. Global Transit Packaging Market By Third-Party Logistics, 2016–2026(USD Billion)
    • 6.7. Industrial Machinery & Equipment
      • 6.7.1. Global Transit Packaging Market By Industrial Machinery & Equipment 2016–2026(USD Billion)
    • 6.8. Chemicals
      • 6.8.1. Global Transit Packaging Market By Chemicals 2016–2026(USD Billion)
    • 6.9. E-Commerce
      • 6.9.1. Global Transit Packaging Market By E-Commerce 2016–2026(USD Billion)
    • 6.10. Building & Construction
      • 6.10.1. Global Transit Packaging Market By Building & Construction 2016–2026(USD Billion)
    • 6.11. Food & Beverages
      • 6.11.1. Global Transit Packaging Market By Food & Beverages 2016–2026(USD Billion)
  • Chapter 7. Company Profiles
    • 7.1. Sonoco Products Company
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product Portfolio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Mondi
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product Portfolio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. Packaging Corporation of America
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product Portfolio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Developments
    • 7.4. Greif, Inc.
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product Portfolio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Developments
    • 7.5. Pratt Industries, Inc.
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product Portfolio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. ZOTEFOAMS INC.
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product Portfolio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. Smurfit Kappa Group
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product Portfolio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. Svenska Cellulosa AB SCA
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product Portfolio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. BillerudKorsnas AB
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product Portfolio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development

Methodology


Frequently Asked Questions

Thriving ecommerce activities will influence the popularity of transit packaging products, thereby driving the market growth over the forecast period.

The CAGR of the industry is expected to be nearly approximately 3.3% during the forecast timeline.

Asia Pacific will contribute remarkably towards the global market share over the estimated timeline.

The key market players include Sonoco Products Company, Mondi, Packaging Corporation of America, Greif, Inc., Pratt Industries, Inc., ZOTEFOAMS INC., Smurfit Kappa Group, Svenska Cellulosa AB SCA, and BillerudKorsnas AB.

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