How big is the North America Protective Packaging Market?

The North America Protective Packaging Market size is expected to reach USD 9.36 billion in 2024 and grow at a CAGR of 3.05% to reach USD 10.87 billion by 2029. Read More

What is the current North America Protective Packaging Market size?

In 2024, the North America Protective Packaging Market size is expected to reach USD 9.36 billion. Read More

Who are the key players in North America Protective Packaging Market?

Intertape Polymer Group Inc., Sonoco Products Company, Smurfit Kappa Group plc , DS Smith plc and Sealed Air Corporation are the major companies operating in the North America Protective Packaging Market. Read More

What years does this North America Protective Packaging Market cover, and what was the market size in 2023?

In 2023, the North America Protective Packaging Market size was estimated at USD 9.08 billion. The report covers the North America Protective Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Protective Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

North America Protective Packaging Market

North America Protective Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers North America Protective Packaging Market Manufacturers and it is segmented by Product (Rigid (Corrugated Paperboard Protectors, Molded Pulp, and Insulated Shipping Containers), Flexible (Protective Mailers, Bubble Wraps, Air Pillows/Air Bags, and Paper Fill), and Foam (Molded Foam, Foam in Place (FIP), Loose-fill, and Foam Rolls/Sheets)), End User (Food & Beverage, Industrial, Pharmaceutical, Consumer Electronics, and Beauty & Home Care), and Geography.

North America Protective Packaging Industry Overview

The North American protective packaging market is consolidated and consists of a few players generating significant revenue share in the market and providing the products and solutions. Vendors in the market focus on product innovations and strategic initiatives such as mergers and acquisitions and partnerships to capture the market share. Some of the recent developments in the market are:

June 2022 - The acquisition of Intertape Polymer Group Inc. was announced by Clearlake Capital Group, L.P. The purchase was disclosed on March 8, 2022. On May 11, 2022, IPG shareholders approved the deal. Following the contract terms, Clearlake acquired the outstanding shares of IPG common stock for CDN 40.50 each. IPG is now a privately held business due to the deal, and its common stock is no longer listed on the stock exchange.
October 2021 - Smurfit Kappa launched various circular protection packaging solutions for the fast-growing e-health and beauty market. The customizable eHealth and Beauty portfolio includes sustainable paper-based packaging solutions ideal for shipping fragile products such as fragrances, cosmetics, skincare, and hair care products and tamper-proof packaging solutions designed for vitamins, supplements, and sports nutrition.
August 2021 - Huhtamaki signed an agreement to acquire Elif, a leading supplier of flexible packaging, for EUR 421 million. With this acquisition, Hutamaki hopes to strengthen its position as a leading flexible packaging company in emerging markets and strengthen its existing flexible protective packaging business in the consumer goods category while advancing its sustainability goals. Elif also offers industrial protective packaging films.