Protective Packaging Market to be Worth $54.7 Billion by 2031

Protective Packaging Market Size, Share, Forecast, & Trends Analysis by Product (Flexible Protective Packaging, Protective Foam Packaging), Material (Foam Plastic, Paper & Paperboard), Sector (Food & Beverage, Retail & E-commerce), and Geography – Global Forecast to 2031

According to this latest publication from Meticulous Research®, the protective packaging market is projected to reach $54.7 billion by 2031, at a CAGR of 5.9% during the forecast period 2024–2031. The growth of the protective packaging market is primarily driven by the rapid growth of the e-commerce sector and the surging use of protective packaging in the food & beverage sector. However, dynamic regulatory policies restrain the growth of this market.