Loose Fill Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Loose Fill Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Packaging

Report Description

Global Loose Fill Packaging Market: Overview

In today’s world, the root of packaging lies in the safety of product, tools &  machinery from external damage during its storage and shipping. Several packaging options are readily available in the market which offers enhanced appealing values to the products from varied industries, loose fill packaging is one of that protective packaging solution that follows the basic property of protection. Loose fill packaging materials are dust-free, light in weight protective packaging solution which offers high-level shock and impact protection to the packaged product during shipment between manufacturers, distributors, retailers, and consumers.

Manufacturers of loose fill prefer foaming materials such as expanded polystyrene (EPS) as well as modified starch which is then injected into molds, heated, and thus solidified into the desired shape such as peanuts, chips, etc. Loose fill packaging are applied in safe shipping of fragile objects such as glass, ceramics, etc.

Global Loose Fill Packaging Market: Drivers & Restraints

Growing applications of loose fill packaging especially in the electronics, automobile, homecare and personal industry particularly in developing countries are likely to drive the global loose fill packaging market over the forecast period. Loose fill packaging forms a low-cost protective packaging solution for standard-size corrugated shipping containers, eliminating the need for specialized designed boxes for every fragile product ultimately resulting in increased profitability of the end product. Additionally, the growing e-commerce industry is also generating a spur in the use of protective packaging, owing to premium products being fed into logistics loop. However, scrapped loose fill packaging peanuts/chips being dumped remains a critical challenge for manufacturers as well as consumers across the globe. Growing consumption of loose fill packaging has have generated environment concerns as these become useless once the packaged product is unboxed.  Continuous dumping of such loose fill packaging is forcing the regulatory bodies to induce harsh recycling protocols for the market players.

Global Loose Fill Packaging Market: Segmentation

The global loose fill packaging market is segmented as follows

On the basis of product type, the global loose fill packaging market is segmented into:

  • Loose fill Peanuts
  • Loose fill Chips
  • Others

On the basis of material type, the global loose fill packaging market is segmented into:

  • GMO-free Starch
  • Expanded Polystyrene (EPS)
  • Other

On the basis of its application, the global loose fill packaging market is segmented into:

  • Handicraft supplies
  • Household goods
  • Electronic appliances
  • Books, stationery, office supplies
  • Pharmaceutical products
  • Automotive spare parts
  • Cosmetics & Personal care
  • Others

Global Loose Fill Packaging Market: Regional Overview

Geographically, the global loose fill packaging market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

The loose fill packaging market is presently being dominated by the regions which show a quantitative demand in consumer goods, particularly generated from the e-commerce portals. North America and European countries are likely to grow linearly over the forecast period as the market for protective packaging are well established in this region resulting in the growth of loose fill packaging market. Asia Pacific region, especially the developing economies such as India & China are expected to emerge as the most lucrative market for the growth of loose fill packaging over the coming years, owing to the rising imports & exports in the electronics and automotive industry coupled with the growth in urbanization and rise in disposable incomes. Likewise, Latin America and MEA are likely to create opportunities for the loose fill packaging manufacturers over the forecast period.

Overall, the global loose fill packaging market is estimated to grow at a healthy CAGR over the forecast period.

Global Loose Fill Packaging Market: Key Players

Some of the key players that operate in the loose fill packaging market across the globe are Storopack Hans Reichenecker GmbH., Green Light Packaging Ltd., Air Sea Containers Ltd., Nefab AB, Alsamex Products Ltd., Rajapack Limited., Topa Verpakking BV., FP International U.K. Ltd., XPAC Technologies Pte Ltd., Salazar Packaging Inc., Heritage Pioneer Corporate Group., Service Box & Tape and many more.

 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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