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Dunnage Packaging Market

Dunnage Packaging Market

Dunnage Packaging Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

142

Base Year:

2024

Date

Jan - 2025

Format:

PDF XLS PPT

Report Code:

VMR-1462

Segments Covered
  • By Material By Material Corrugated Plastic, Molded Plastic, Foam, Steel, Aluminum, Wood, Fabric Dunnage, Corrugated Paper, Others
  • By End-User By End-User Automotive, Aerospace, Electronics, Food & Beverages, Consumer Durables, Healthcare, Others
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2024
Forecast YearsForecast Years: 2025 - 2035
Historical YearsHistorical Years: 2019 - 2023
Revenue 2024Revenue 2024: USD 4.1 Billion
Revenue 2035Revenue 2035: USD 6.2 Billion
Revenue CAGRRevenue CAGR (2025 - 2035): 5.3%
Fastest Growing Region Fastest Growing Region (2025 - 2035) Asia Pacific
Largest Region Largest Region (2024): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
Dunnage Packaging Market Share

Market Synopsis

The global Dunnage Packaging Market is valued at USD 4.1 Billion in 2024 and is projected to reach a value of USD 6.2 Billion by 2035 at a CAGR (Compound Annual Growth Rate) of 5.3% between 2025 and 2035.

Dunnage Packaging Market Size, 2024 To 2035 (USD Billion)

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The Dunnage Packaging market is witnessing growth due to the increasing demand for Dunnage Packaging from the electronics, automotive, aerospace, and food and beverage industries. Moreover, the increased optimization of pack size, strong demand for Dunnage Packaging market from end-use industries, various benefits of dunnage packaging, and rising urban population are the factors fueling the growth of the Dunnage Packaging Market during the forecast period. Additionally, the Dunnage Packaging includes some additional benefits involving flexibility in innovation and design, optimum cushioning, cost-effectiveness, resistance to abrasive and external heat conditions, and environmental friendliness which is expected to drive the growth of the Dunnage Packaging market in coming years. The growth of the e-commerce and retail sector is the other prime factor that is projected to enhance the Dunnage Packaging market in the upcoming years. The Dunnage Packaging market has seen a speedy expansion in recent years and this tendency is predicted to continue in the coming future due to an increased demand for packaging solutions for automotive components like power trains, lights, engines, and the other interior components for transportation. Furthermore, Dunnage Packaging is the protective packaging used in logistics operations and transportation in order to avoid damage that might affect the quality of the product during handling which is predicted to drive the market growth in years to come. Besides, the price fluctuation of Dunnage Packaging market is hampering the growth of the Dunnage Packaging market during the forecast period. Whereas, increasing investments in research and development by the industrial sector are expected to provide growth opportunities for the Dunnage Packaging market in the coming future.

Market Segmentation

The Dunnage Packaging Market is segmented as material and end-user. Based on material the market is segmented as corrugated plastic, molded plastic, foam, steel, aluminum, wood, fabric dunnage, corrugated paper, and others (glass, rubber, and anti-static). On the basis of end-user, the market is segmented as automotive, aerospace, electronics, food & beverages, consumer durables, healthcare, and others (construction, oil & lubricants, and chemicals).

Electronics Sector is Projected to Grow at the Highest CAGR Within the Segment

Based on end-user, the electronics segment is expected to witness the highest growth during the forecast period. The Dunnage Packaging market is experiencing growth in the application of the end-use industry owing to the increasing demand for 360 degree and eco-friendly product safety properties. Electronics packaging helps in creating lightweight packaging for components while sustaining structural integrity, and lower transportation and packaging costs which is driving the growth of the electronics packaging segment.

The Corrugated Plastic Segment Owns a Major Share

On the basis of material, the corrugated plastic segment is dominating the Dunnage Packaging Market. Corrugated plastic is lightweight, and low-cost material that can be customized to fit in any container. Moreover, various properties of the material involving high parts-per-container density and moisture resistance are predicted to boost the demand for corrugated plastic in the Dunnage Packaging Market during the forecast period.

Asia Pacific Region to Maintain its Leading Positing in the Global Market

In 2024, the Dunnage Packaging market size of the Asia Pacific is USD 1.58 Billion

The APAC region is predicted to be the largest and fastest-growing region for the Dunnage Packaging Market during the forecast period. The electronics and automotive industries are the major consumers of Dunnage Packaging in the Asia Pacific region. Moreover, the presence of large numbers of manufacturers in the region makes the region the outermost important market for dunning packaging. The growth of the Asia Pacific region is attributed to the increasing demand for Dunnage Packaging in the electronics, automotive, and aerospace end-user industries. Whereas, Japan and China are considered the prime contributors in the Asia Pacific Dunnage Packaging Market.

Report Coverage & Deliverables

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  • Market Trends Heatmap
  • Custom Research Queries
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Competitive Landscape

The Dunnage Packaging market report is characterized by the presence of both established players and emerging companies, each strive for market share through product innovation, strategic partnerships, and geographic expansion. Industry giants like DS Smith, Menasha Corporation, Schoeller Allibert, Myers Industries, Nefab, UFP Technologies, Reusable Transport Packaging, Amatech Inc, MJSolpac Ltd., Rehrig Pacific Company. Customization is a significant strategy, allowing manufacturers to design tailored solutions for specific applications. Emerging players and startups are introducing disruptive innovations, such as bio-based plastics and smart dunnage tracking systems, targeting niche markets.

The Dunnage Packaging Market is fragmented in nature due to the presence of the major key players in the market. Some of the prime key players in the market are DS Smith, Menasha Corporation, Schoeller Allibert, Myers Industries, Nefab, UFP Technologies, Reusable Transport Packaging, Amatech Inc, MJSolpac Ltd., Rehrig Pacific Company.

Based on the provided market data, Vantage Market Research offers customizations in the reports to meet the specific needs of clients.

Recent Market Developments

Nefab Announces New Manufacturing Facility in Mexico

  • In July 2023, Nefab, a leading global industrial packaging and logistics services provider, has announced the opening of a new manufacturing facility in Chihuahua, Mexico. The facility will better accommodate a strong demand for wood and plywood crating, thermoformed, and corrugated solutions in the region

ORBIS CORPORATION ADDS HEAVY-DUTY BULKPAK® 48×45 HDMP EXTENDED HEIGHT CONTAINERS TO IMPROVE SHIPPING EFFICIENCY AND REDUCE COSTS

  • In May 2023, ORBIS® Corporation, an international leader in reusable packaging, has announced a new addition to its BulkPak® line of shipping containers: the BulkPak 48×45 HDMP Extended Height container system. The heavy-duty 48×45 HDMP Extended Height series offers 28 positions in a standard 53’ truck, enabling a gain of up to 20% in shipping efficiency and warehouse utilization

The global Dunnage Packaging market can be categorized as Material, End User, and Region.

Parameter Details
Segments Covered

By Material

  • Corrugated Plastic
  • Molded Plastic
  • Foam
  • Steel
  • Aluminum
  • Wood
  • Fabric Dunnage
  • Corrugated Paper
  • Others

By End-User

  • Automotive
  • Aerospace
  • Electronics
  • Food & Beverages
  • Consumer Durables
  • Healthcare
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • DS Smith
  • Menasha Corporation
  • Schoeller Allibert
  • Myers Industries
  • Nefab
  • UFP Technologies
  • Reusable Transport Packaging
  • Amatech Inc
  • MJSolpac Ltd.
  • Rehrig Pacific Company
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis
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FAQ
Frequently Asked Question
  • The global Dunnage Packaging valued at USD 4.1 Billion in 2024 and is expected to reach USD 6.2 Billion in 2035 growing at a CAGR of 5.3%.

  • The prominent players in the market are DS Smith, Menasha Corporation, Schoeller Allibert, Myers Industries, Nefab, UFP Technologies, Reusable Transport Packaging, Amatech Inc, MJSolpac Ltd., Rehrig Pacific Company.

  • The market is project to grow at a CAGR of 5.3% between 2025 and 2035.

  • The driving factors of the Dunnage Packaging include

    • Increasing Urban Population

  • Asia Pacific was the leading regional segment of the Dunnage Packaging in 2024.