NEW YORK, Sept. 5, 2022 /PRNewswire/ — The “Automotive Components Packaging Market – Forecast and Evaluation 2022-2026” report has been added to Technavio’s providing. With ISO 9001:2015 certification, Technavio is proudly partnering with greater than 100 Fortune 500 firms for over 16 years. The potential development distinction for the automotive components packaging market between 2021 and 2026 is USD 1.90 billion, as per the most recent market evaluation report by Technavio. Nonetheless, the report will witness a decelerating development momentum at a CAGR of 4.6% through the projected interval. The analysts at Technavio have categorized the worldwide automotive components packaging market as part of the worldwide automotive elements and equipment market. The rising demand for protecting packaging is among the key drivers propelling the automotive components packaging market development. As well as, the rising choice for disposable packaging is among the key automotive components packaging market traits supporting the market development. Nonetheless, the rise in uncooked materials prices is among the components limiting the automotive components packaging market development. 

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Key Market Phase Highlights

The automotive components packaging market report is segmented by Product (Folding carton, Corrugated field, and Others) and Geography (APAC, North America, Europe, South America, and Center East and Africa).

  • Income-generating Insights: The automotive components packaging market share development within the folding carton section shall be vital through the forecast interval. Folding carton is the main sort of packaging used within the international automotive components packaging market, owing to their value effectivity, availability in varied sizes, and adaptability. They’re manufactured in varied shapes and sizes and are sometimes delivered as flat paperboards, marked with folding strains to ease the packaging course of. Furthermore, with the expansion in automotive gross sales, there shall be a rise within the demand for folding cartons through the forecast interval.
  • Regional Alternatives: 46% of the market’s development will originate from APAC through the forecast interval. China, Japan, and India are the important thing markets for the automotive components packaging market in APAC. Market development on this area shall be slower than the expansion of the market in Europe. Speedy industrialization and urbanization, that are paving the best way for financial transformation will facilitate the automotive components packaging market development in APAC over the forecast interval. 

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Some Firms Talked about with their Choices

    • Cascades Inc.: The corporate presents Cascades containerboard packaging for automotive components packaging
    • Deufol SE: The corporate presents blister packaging for automotive components and elements
    • DS Smith Plc: The corporate presents GALIA and IMC automotive packaging merchandise that are customary common slotted instances, with dimensions akin to sub multiples of normal pallets
    • GWP Group Ltd.: The corporate presents packaging options beneath varied manufacturers resembling GWP Correx, GWP Protecting, and others.
    • JIT Packaging Inc.: The corporate presents customized or contract molding and urethane as packaging options for automotive components.
    • EZ Customized Containers
    • IPS Packaging and Automation
    • Mondi plc
    • Nefab AB
    • Pacific Packaging Merchandise Inc.
    • Packaging Corp. of America
    • Packman industries
    • Pratt Industries Inc.
    • Sealed Air Corp.
    • Signode India Ltd.
    • Smurfit Kappa Group
    • Sonoco Merchandise Co.
    • Sunbelt Paper and Packaging
    • THIMM Group GmbH Co. KG
    • Victory Packaging LP
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Automotive Components Packaging Market Scope

Report Protection

Particulars

Web page quantity

120

Base yr

2021

Forecast interval

2022-2026

Development momentum & CAGR

Decelerate at a CAGR of 4.6%

Market development 2022-2026

$ 1.90 billion

Market construction

Fragmented

YoY development (%)

5.04

Regional evaluation

APAC, North America, Europe, South America, and Center East and Africa

Performing market contribution

APAC at 46%

Key client international locations

US, China, Japan, India, and Germany

Aggressive panorama

Main firms, aggressive methods, client engagement scope

Firms profiled

Cascades Inc., Deufol SE, DS Smith Plc, EZ Customized Containers, GWP Group Ltd., IPS Packaging and Automation, JIT Packaging Inc., Mondi plc, Nefab AB, Pacific Packaging Merchandise Inc., Packaging Corp. of America, Packman industries, Pratt Industries Inc., Sealed Air Corp., Signode India Ltd., Smurfit Kappa Group, Sonoco Merchandise Co., Sunbelt Paper and Packaging, THIMM Group GmbH Co. KG, and Victory Packaging LP

Market Dynamics

Mum or dad market evaluation, Market development inducers and obstacles, Quick-growing and slow-growing section evaluation, COVID-19 impression and future client dynamics, and market situation evaluation for the forecast interval.

Customization purview

If our report has not included the info that you’re searching for, you may attain out to our analysts and get segments personalized.

Key Subjects Coated:

  • Govt Abstract
  • Market Panorama
  • Market Sizing
  • 5 Forces Evaluation
  • Market Segmentation by Product
  • Buyer panorama
  • Geographic Panorama
  • Vendor Panorama
  • Vendor Evaluation
  • Appendix

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Contact

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