Copyright © IMARC Service Pvt Ltd. All Rights Reserved Author: Elena Anderson, Marketing Manager | © 2019 IMARC All Rights Reserved IMARC Group www.imarcgroup.com [email protected] +1-631-791-1145 Automotive Parts Packaging Market Report 2023 By Component Type, Product Type and Packaging Type Key Regions and Competitive Landscape
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Report Description Report Description and Highlights Global Automotive Parts Packaging Market Outlook 2023-2028: The global automotive parts packaging market size reached US$ 6.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028. Automotive parts packaging assists in shielding valuable automobile parts from scuffs, dings, vibrations, dents, and damages during storage and shipping. It possesses barrier materials, such as harnesses, tubing, part protectors, and corrugated boxing solutions. In recent years, automotive parts packaging is gaining traction on account of the exponential growth in the adoption of automobiles for traveling and various other purposes
Report Description Report Description and Highlights Global Keywords Market Trends: One of the primary factors driving the market is the rapidly growing population and urbanization. Additionally, the increasing production and packaging of heavy components, such as cooling systems and engine components, is creating a positive market outlook. Other than this, consumers are opting for bio-based packaging substances on account of the increasing environmental concerns, thereby positively influencing the market growth. Besides this, the growing involvement of electronic and electrical devices in the automobile sector is propelling the market growth. In line with this, returnable packaging assists in reducing packaging waste and minimizing the carbon footprint. Apart from these factors, governments of various nations are promoting the adoption of electric vehicles (EVs) as they release lesser greenhouse gases (GHGs) and air pollutants, which is creating lucrative growth opportunities for the key players operating in the industry. Moreover, extensive investments by key players in research and development (R&D) activities, along with the rising technological advancements in supply chain management, represent other major growth-inducing factors. Request for a free sample report: https://www.imarcgroup.com/automotive-parts-packagingmarket/requestsample
Market Summary: Breakup by Product Type: • Pallets • Crates • Bulk Containers and Cases • Bags and Pouches • Folding Cartons • Corrugated Products • Trays • Protective Packaging Breakup by Packaging Type: • Disposable • Reusable Report Description Report Description and Highlights
Breakup by Component Type: • Battery • Cooling System • Underbody Components • Automotive Filter • Engine Components • Lighting Components • Electrical Components Breakup by Region: • North America • Europe • Asia Pacific • Middle East and Africa • Latin America On account of the aforementioned factors, the market is anticipated to witness strong growth during 2023-2028. Report Description Report Description and Highlights
Competitive Landscape With Key player: • DS Smith plc • Knauf Industries • Mondi plc • Nefab AB • Primex Plastics Corporation • Schoeller Allibert Services B.V. • Sealed Air Corporation • Signode India Ltd. • Smurfit Kappa Group plc • Sonoco Products Company • Sunbelt Paper & Packaging Inc. • WestRock Company View Report TOC, Figures, and Tables: https://www.imarcgroup.com/automotive-parts-packagingmarket Report Description Report Description and Highlights
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Report Description Report Description and Highlights © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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