Global Dunnage Packaging Market is expected to reach $5.20 billion by 2027 growing a CAGR 7.0% during 2018 to 2027.

Some of the key players profiled in the Dunnage Packaging Market include UFP Technologies, Schoeller Allibert, Reusable Transport Packaging, Rehrig Pacific Company, Packaging Corporation of America, Nefab Group, Myers Industries, Mjsolpac Ltd., and Salco Engineering & Mfg.

Increasing urban population and rising demand for dunnage packaging from end-user industries are the major factors driving the market growth. However, the difficulty faced by small manufacturers and new entrants while investing in highly advanced equipment is restraining market growth.

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Dunnage packaging is used in various fields like automotive, electronics, aerospace, food & beverages, and medical. This method of packaging is very promising and beneficial in industries which improve efficiency by minimizing the number of containers required for keeping individual article.

Based on the end-user, the electronics segment is likely to have a huge demand due to the high demand for eco-friendly, and 360-degree product safety property. This packaging helps in lightweight packaging for machinery while maintaining structural integrity.

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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the presence of a more number of manufacturers and increasing demand for this packaging in the various end-use industries.

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Materials Covered:
• Molded Plastic
• Aluminum
• Steel
• Corrugated Paper
• Corrugated Plastic
• Fabric Dunnage
• Wood
• Foam
• Other Materials

End Users Covered:
• Aerospace
• Food & Beverages
• Healthcare
• Automotive
• Electronics
• Consumer Durables
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Organization: Stratistics Market Research Consulting Pvt Ltd
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Release ID: 88941919