Postal Packaging Market Trends and Forecast
The future of the global postal packaging market looks promising with opportunities in the institutional/commercial and household markets. The global postal packaging market is expected to reach an estimated $16.4 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing demand for postal packaging solutions, increasing demand for personalized & branded postal packaging solutions, and shift towards eco-friendly materials in response to environmental concerns.
• Lucintel forecasts that paper & paperboard is expected to witness the higher growth over the forecast period.
• Within this market, institutional/commercial is expected to witness the higher growth.
• APAC is expected to witness highest growth over the forecast period.
United States: USPS partnered with EcoEnclose to introduce sustainable postal packaging, aligning with government sustainability goals and meeting consumer demand for eco-friendly solutions.
Germany: DHL announced investments in advanced postal packaging technology to improve efficiency and reduce environmental impact, supporting government targets for sustainable logistics.
China: Alibaba Group launched customized postal packaging options for e-commerce sellers, aiming to enhance brand visibility and meet government regulations on packaging standards.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Postal Packaging by Segment
The study includes a forecast for the global postal packaging by type, application, and region.
Postal Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Paper & Paperboard
• Plastic
Postal Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Institutional/Commercial
• Household
• Others
Postal Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Postal Packaging 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 postal packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the postal packaging companies profiled in this report include-
• Smurfit Kappa Group
• DS Smith
• WestRock Company
• Mondi Group
• Cenveo Corporation
• Rengo
• Neenah
• Bong Group
• Papier-Mettler
• PolyPAK Packaging
Recent Development in the Postal Packaging Market
USPS: The United States Postal Service (USPS) has launched a new initiative in collaboration with eco-friendly packaging provider EcoEnclose. The initiative focuses on introducing sustainable postal packaging solutions, aligning with government sustainability goals and meeting consumer demand for environmentally friendly packaging options. This initiative reflects USPSÄX%$%Xs commitment to promoting sustainability within the postal packaging industry.
DHL: DHL, a global logistics and postal service provider, has announced significant investments in advanced postal packaging technology. This initiative aims to improve operational efficiency, reduce environmental impact, and enhance the overall quality of postal packaging solutions. By investing in cutting-edge technology, DHL aims to meet the evolving needs of the global postal packaging market and support government targets for sustainable logistics practices.
Alibaba Group: Alibaba Group, a leading e-commerce platform, has launched customized postal packaging options for e-commerce sellers. This initiative allows sellers to create personalized and branded postal packaging solutions, enhancing brand visibility and customer experience. By offering customizable packaging options, Alibaba Group aims to meet consumer expectations and comply with government regulations on packaging standards in the e-commerce sector.
UPS: United Parcel Service (UPS) has introduced innovative smart packaging solutions for the postal market. These smart packaging solutions incorporate IoT (Internet of Things) technology to provide real-time tracking and monitoring of postal packages. This initiative aims to improve package security, reduce delivery times, and enhance overall customer satisfaction. UPSÄX%$%Xs investment in smart packaging reflects its commitment to leveraging technology to optimize postal packaging operations and meet the demands of a digital-driven market.
Features of the Global Postal Packaging Market
Market Size Estimates: Postal packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Postal packaging market size by type, application, and region in terms of value ($B).
Regional Analysis: Postal packaging 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 postal packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the postal packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the postal packaging market size?
Answer: The global postal packaging market is expected to reach an estimated $16.4 billion by 2030.
Q2. What is the growth forecast for postal packaging market?
Answer: The global postal packaging 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 postal packaging market?
Answer: The major drivers for this market are growing demand for postal packaging solutions, increasing demand for personalized & branded postal packaging solutions, and shift towards eco-friendly materials in response to environmental concerns.
Q4. What are the major segments for postal packaging market?
Answer: The future of the postal packaging market looks promising with opportunities in the institutional/commercial and household markets.
Q5. Who are the key postal packaging market companies?
Answer: Some of the key postal packaging companies are as follows:
• Smurfit Kappa Group
• DS Smith
• WestRock Company
• Mondi Group
• Cenveo Corporation
• Rengo
• Neenah
• Bong Group
• Papier-Mettler
• PolyPAK Packaging
Q6. Which postal packaging market segment will be the largest in future?
Answer: Lucintel forecasts that paper & paperboard is expected to witness the higher growth over the forecast period.
Q7. In postal packaging 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 postal packaging market by type (paper & paperboard and plastic), application (institutional/commercial, household, 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?
For any questions related to Postal Packaging Market Market, Postal Packaging Market Market Size, Postal Packaging Market Market Growth, Postal Packaging Market Market Analysis, Postal Packaging Market Market Report, Postal Packaging Market Market Share, Postal Packaging Market Market Trends, Postal Packaging Market Market Forecast, Postal Packaging Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.