Global Transit Packaging Market 2019-2024 - E-commerce revolutionizing transit packaging -

DUBLIN--()--The "Transit Packaging Market - Global Outlook and Forecast 2019-2024" report has been added to's offering.

The global transit packaging market is projected to reach revenues of approximately $148 billion by 2024, growing at a CAGR of more than 3% during 2018-2024.

The retail sector is gaining momentum and is driving the demand for a variety of transit packaging products that are useful for packaging and transporting the goods in the sector. The implementation of stringent environmental regulations and laws are driving the demand for returnable and reusable packages in the market.

The global transit packaging market is driven by the growth of end-user industries such as food & beverages, retail, electrical & electronics, and industrial goods. The industrialization, trade, and urbanization in the European and North American region will drive revenues in the global market. The market research report provides in-depth market analysis and segmental analysis of the global transit packaging market by product type, end-user type, and geography.

The report considers the present scenario of the global transit packaging market and its market dynamics for the period 2019-2024. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the transit packaging market.

Transit Packaging Market - Dynamics

Major players catering to the global transit packaging market are adopting strategies such as mergers and acquisitions with market related organizations in order to expand their current reach. Several vendors catering to the global transit packaging market have opted for strategic acquisitions and certain divestitures enabling them to grow across geographies tactically.

The increasing penetration of local/regional vendors in the transit packaging market force the global level vendors to take up strategic initiatives for growth. Several global vendors opt for strategic consolidations across geographies, thereby engaging in acquisitions of certain local/regional vendors.The rise in technology adoption across geographies, a key market segment which has evolved significantly over the last few years is the e-commerce segment.

This market segment has evolved in a highly beneficial manner for the global transit packaging market. Although a part of the retail end-user industry, the growth in the market segment adds to an additional need for transit packaging of goods. Each online order correlates with an additional layer of transit packaging of goods thereby providing opportunity for the market to grow.

The concept of retail ready packaging (also known as shelf ready packaging at times) tends to offer a lucrative opportunity for the vendors catering to the transit packaging market owing to factors such as high demand across end-user industry customers and the innovative differentiating scope for the vendors in it. Brands today want to eliminate the high demand across end-user industry customers and the innovative differentiating scope for the vendors in it.

Key Vendor Analysis

The global transit packaging market is highly competitive due to the presence of various international and regional players. The factors such as innovative product offerings, mergers & acquisitions, sustainable packaging, and huge investments across R&D is fueling the competition among leading vendors operating in the global market. The top companies are expanding their businesses to different regions to gain a larger market share. Durability and looks are emerging as the main product differentiation factors in the global transit packaging market.

The major vendors in the global transit packaging market are:

  • Mondi
  • Smurfit Kappa
  • DS Smith
  • Greif
  • Sonoco Products Company

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Report Coverage

4.1 Market Definition

4.2 Base Year

4.3 Scope of Study

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Inclusions

5.3 Exclusions

5.4 Currency Conversion

5.5 Market Derivation

6 Market at a Glance

7 Introduction

7.1 Overview

8 Market Dynamics

8.1 Market Growth Enablers

8.1.1 Protective packaging an elementary requisite

8.1.2 Substantial consolidation by global vendors

8.1.3 Higher demand for sustainable transit packaging solutions

8.1.4 Global exports pushing quality of transit packaging

8.2 Market Growth Restraints

8.2.1 Hindrance caused by microbrands

8.2.2 Environmental impact of transit packaging products

8.2.3 Political influences impacting transit packaging

8.3 Market Opportunities & Trends

8.3.1 Retail-ready packaging: a fast-growing segment

8.3.2 Technological advancements boosting transit packaging

8.3.3 E-commerce revolutionizing transit packaging

8.3.4 Innovations key to growth

9 Value Chain Analysis

9.1 Overview

9.2 Value Chain Analysis

9.2.1 Manufacturers

9.2.2 Packaging & Labeling

9.2.3 Warehousing

9.2.4 Shipments

9.2.5 Distributors

9.2.6 Customers

10 Market Landscape

10.1 Market Overview

10.2 Market Size & Forecast

10.3 Porter's Five Forces Analysis

11 By Product Type

11.1 Market Overview

11.2 Corrugated Boxes

11.2.1 Market Size & Forecast

11.2.2 Market by Geography

11.3 Crates

11.4 Pallets

11.5 Other Protective Packaging

11.5.1 Market Size & Forecast

11.5.2 Other Protective Packaging: Market by Geography

11.5.3 Bubble Wraps: Market Size & Forecast

11.5.4 Bubble Wrap: Market by Geography

11.5.5 Air Cushions: Market Size & Forecast

11.5.6 Air Cushions: Market by Geography

11.5.7 Foam Packaging: Market Size & Forecast

11.5.8 Foam Packaging: Market by Geography

11.5.9 Insulated Shipping Containers: Market Size & Forecast

11.5.10 Insulated Shipping Containers: Market by Geography

11.5.11 Tapes: Market Size & Forecast

11.5.12 Tapes: Market by Geography

11.5.13 Protective Mailers: Market Size & Forecast

11.5.14 Protective Mailers: Market by Geography

12 By End-User Industries

12.1 Market Overview

12.2 Food & Beverages

12.3 Retail

12.4 Industrial Goods

12.5 Electrical & Electronics

12.6 Others

13 By Geography

13.1 Market Overview


15 Europe

16 North America

17 Latin America

18 Middle-East and Africa

19 Competitive Landscape

19.1 Competition Overview

20 Key Company Profiles

20.1 Mondi

20.1.1 Business overview

20.1.2 Business Segments

20.1.3 Mondi in Global Transit Packaging Market

20.1.4 Major Product Offerings

20.1.5 Key Strengths

20.1.6 Key Strategies

20.1.7 Key Opportunities

20.2 Smurfit Kappa

20.3 DS Smith

20.4 Greif

20.5 Sonoco Products Company

21 Other Prominent Vendors

21.1 Automated Packaging Co.

21.1.1 Business Overview

21.1.2 Key Strategies

21.2 Belmont Packaging

21.3 BillerudKorsns

21.4 Cardboard Box Company

21.5 Cascades

21.6 Cellofoam North America

21.7 De Jong Verpakking

21.8 Elopak AS

21.9 Eltete TPM

21.10 Georgia-Pacific

21.11 GWP

21.12 Huhtamaki

21.13 International Paper Co

21.14 iVEX

21.15 Macfarlane Group

21.16 Mecmesin

21.17 Nefab Ab

21.18 Nicklin Transit Packaging

21.19 NNZ

21.20 Packaging Corporation of America

21.21 Papier-Mettler KG

21.22 Pratt Industries

21.23 Pregis

21.24 Protective Packaging Solutions

21.25 Sealed Air

21.26 Smithpack

21.27 STI Group

21.28 Universal Protective Packaging

21.29 Weedon Corrugated Products

21.30 WestRock

For more information about this report visit

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Packaging

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Packaging