Packaging Divider Market Trends and Forecast
The future of the global packaging divider market looks promising with opportunities in the food & beverage, pharmaceutical, and automotive markets. The global packaging divider market is expected to reach an estimated $1.7 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are increasing need for efficient packaging solutions to minimize damage during transit & storage, growing demand for protective packaging dividers, and shift towards eco-friendly packaging dividers to reduce environmental impact.
• Lucintel forecasts that foam buffer is expected to witness the highest growth over the forecast period.
• Within this market, food & beverage is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States: Smurfit Kappa introduced biodegradable packaging dividers, targeting a reduction in plastic use and meeting government sustainability goals. The initiative supports eco-friendly packaging solutions in the growing e-commerce sector.
Germany: Mondi Group announced the expansion of its production capacity for corrugated cardboard dividers, aligning with the governmentÄX%$%Xs push for sustainable packaging and increasing demand from the automotive and electronics industries.
China: International Paper partnered with local manufacturers to develop innovative, cost-effective packaging dividers, adhering to government regulations on reducing packaging waste and improving product safety during transportation.
Japan: Rengo Co., Ltd. unveiled a new line of high-strength, lightweight packaging dividers, aiming to enhance product protection and comply with government standards for packaging materials in the electronics and automotive sectors.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Packaging Divider by Segment
The study includes a forecast for the global packaging divider by type, application, and region.
Packaging Divider Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Foam Buffer
• Plastic Buffer
• Paper Buffer
Packaging Divider Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Food & Beverages
• Pharmaceutical
• Automotive
• Others
Packaging Divider Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Packaging Divider Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies packaging divider companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the packaging divider companies profiled in this report include-
• DS Smith
• Multicell Packaging
• Smurfit Kappa Group
• The Golden Box
• BEE Packaging
• Cactus Containers
• ColePak
• Dandy Packaging
• Eurodividers
• Genesee Packaging
Recent Development in the Packaging Divider Market
Smurfit Kappa: Smurfit Kappa has introduced biodegradable packaging dividers as part of its initiative to reduce plastic use and promote sustainability. This move aligns with increasing consumer demand for eco-friendly packaging solutions and supports the companyÄX%$%Xs commitment to environmental responsibility. The biodegradable dividers cater to the e-commerce sector, which requires protective yet sustainable packaging.
Mondi Group: Mondi Group announced the expansion of its production capacity for corrugated cardboard dividers. This initiative is in response to the growing demand from the automotive and electronics industries for sustainable packaging solutions. The expansion also aligns with GermanyÄX%$%Xs government push for environmentally friendly packaging. Mondi GroupÄX%$%Xs enhanced production capabilities aim to meet the increasing need for protective and sustainable packaging dividers.
International Paper: International Paper has partnered with local manufacturers in China to develop innovative and cost-effective packaging dividers. This collaboration focuses on adhering to government regulations aimed at reducing packaging waste and improving product safety during transportation. International PaperÄX%$%Xs initiative supports the local marketÄX%$%Xs demand for efficient and sustainable packaging solutions while enhancing the companyÄX%$%Xs global presence.
Rengo Co., Ltd.: Rengo Co., Ltd. unveiled a new line of high-strength, lightweight packaging dividers. These dividers are designed to enhance product protection and comply with JapanÄX%$%Xs government standards for packaging materials in the electronics and automotive sectors. RengoÄX%$%Xs initiative aims to provide durable and sustainable packaging solutions that meet the specific needs of high-value and fragile products.
WestRock Company: WestRock Company has introduced a series of customizable packaging dividers designed for various industries, including pharmaceuticals, electronics, and consumer goods. The initiative focuses on providing versatile and sustainable packaging solutions that can be tailored to specific product requirements. WestRockÄX%$%Xs new offerings aim to reduce waste, enhance product safety, and support the companyÄX%$%Xs sustainability goals.
Features of the Global Packaging Divider Market
Market Size Estimates: Packaging divider market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Packaging divider market size by type, application, and region in terms of value ($B).
Regional Analysis: Packaging divider market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the packaging divider market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the packaging divider market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the packaging divider market size?
Answer: The global packaging divider market is expected to reach an estimated $1.7 billion by 2030.
Q2. What is the growth forecast for packaging divider market?
Answer: The global packaging divider market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the packaging divider market?
Answer: The major drivers for this market are increasing need for efficient packaging solutions to minimize damage during transit & storage, growing demand for protective packaging dividers, and shift towards eco-friendly packaging dividers to reduce environmental impact.
Q4. What are the major segments for packaging divider market?
Answer: The future of the packaging divider market looks promising with opportunities in the food & beverage, pharmaceutical, and automotive markets.
Q5. Who are the key packaging divider market companies?
Answer: Some of the key packaging divider companies are as follows:
• DS Smith
• Multicell Packaging
• Smurfit Kappa Group
• The Golden Box
• BEE Packaging
• Cactus Containers
• ColePak
• Dandy Packaging
• Eurodividers
• Genesee Packaging
Q6. Which packaging divider market segment will be the largest in future?
Answer: Lucintel forecasts that foam buffer is expected to witness the highest growth over the forecast period.
Q7. In packaging divider market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the packaging divider market by type (foam buffer, plastic buffer, and paper buffer), application (food & beverages, pharmaceutical, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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