- The key vendors in the Global Protective Packaging Market 2014-2018 are Pregis, Sealed Air, Smurfit Kappa Group and Sonoco Products.
London, 28 October 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Protective Packaging Market 2014-2018. One of the major trends upcoming in this market is increased investments from vendors in R&D to develop packaging materials that are environmentally friendly and sustainable. At present, vendors are investing in innovative technologies, which is likely to help in developing packaging materials that can be recycled and reused. The Global Protective Packaging market is expected to grow at a CAGR of 5.11 percent during the forecast period of 2013-2018.
“With the increased adoption of protective packaging materials, the vendors in the market are investing in new technologies for the development of new products and product innovations,” says Faisal Ghaus, Vice President of TechNavio Research.
“Manufacturers of packaging materials are also looking at differentiating their products from their competitors by providing the best possible protective packaging products to meet customers’ needs.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
