According to the report by Expert Market Research (EMR), the global Postal Packaging Market reached a value of approximately USD 11.8 billion in 2022. Aided by the rising demand for durable and protective packaging in the e-commerce sector and the increasing utilisation of postal packaging across various industries, the market is projected to further grow at a CAGR of 6.20% between 2023 and 2028 to reach a value of USD 16.93 billion by 2028.
Postal packaging comprises a range of products, including envelopes, mailing bags, postal boxes, and protective packaging materials, that are specifically designed for the shipping of goods via postal and courier services. Postal packaging plays a crucial role in ensuring the safe delivery of products by offering protection against damage during transit. Apart from its protective characteristics, postal packaging also offers opportunities for branding and personalisation, thereby enhancing the consumer experience.
The burgeoning growth of e-commerce is a significant driver for the global postal packaging market growth. With the increasing penetration of the internet and the rise of online shopping, there has been a surge in the shipment of goods across the world, leading to an increased demand for reliable and protective postal packaging. Moreover, the convenience offered by online shopping platforms and the availability of a wide range of products have further amplified the growth of e-commerce, thereby driving the demand for postal packaging.
The expanding applications of postal packaging across various sectors also contribute substantially to the postal packaging market expansion in industries such as pharmaceuticals, electronics, and food and beverages. In the pharmaceutical industry, postal packaging is used to ship medications and medical equipment. In the electronics industry, postal packaging protects delicate electronic components during shipment. The food and beverage industry relies on postal packaging for the safe and hygienic delivery of various food items.
Furthermore, the growing focus on sustainability has led to a surge in demand for eco-friendly postal packaging. With increasing environmental awareness and regulations, companies are transitioning towards sustainable packaging solutions. The development and adoption of biodegradable and recyclable postal packaging materials are creating new opportunities for the growth of the postal packaging market.
Market Segmentation of the Postal Packaging Market
The market can be divided based on material, packaging format, end use, and region.
Market Breakup by Material
- Paper and Paperboard
Market Breakup by Packaging Format
- Mailing Bag
- Box and Carton
Market Breakup by End Use
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/postal-packaging-market
Competitive Landscape of Postal Packaging Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global postal packaging companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Smurfit Kappa Group plc
- DS Smith Packaging Limited
- WestRock Company
- Mondi plc
- Cenveo Worldwide Limited
- Rengo Co., Ltd.
- Neenah, Inc.
- Bong Light Packaging
- Papier-Mettler KG.
- PolyPak, Company.
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