[CPP114] News: Although the epidemic is not over, the development of the industry cannot be stopped. It is still necessary to explore the various business opportunities in the industry with an eye for discovery. The global printing ink market is expected to reach 27.8 billion U.S. dollars According to a new study released by Polaris Market Research Company, by 2026, the global printing ink market is expected to reach 27.8 billion U.S. dollars.
Although the epidemic is not over, the development of the industry cannot be stopped. It is still necessary to explore the various business opportunities in the industry with an eye for discovery.
The protective packaging market is expected to reach USD 37.5 billion
In 2017, the global protective packaging market was valued at US$24.31 billion and is expected to reach US$37.5 billion by 2026, with a compound annual growth rate of 5.57%. Packaging and protective packaging are designed to protect the goods from loss, damage and theft during transportation, distribution and storage. They are used in various areas of the supply chain, such as assembly lines, transportation, warehouses, and order picking to withstand different static and dynamic forces. It can also protect against the influence of climatic conditions, such as solar radiation, temperature, humidity and precipitation. The global packaging and protective packaging market is divided by materials, types, uses and regions. According to the material classification, it is divided into foam plastic, paper and cardboard. Types of protective packaging include flexible, rigid and foam. Applications are divided into food and beverage, consumer, and electronic products. By region, the market is divided into North America, Europe, Asia Pacific, Middle East and Asia Pacific. Africa and Latin America.
Based on materials, the foam market has the largest market share in the protective packaging market. Foam plastic is lightweight and has thermal insulation and shock absorption properties. Type-based products As consumers increasingly prefer online shopping, the flexible packaging market held the largest market share in 2016. A variety of flexible packaging products are widely used in online retail channels, such as flexible foam, paper filling, air pillow, bubble wrap and broken bags, for filling blanks, wrapping, and sealing and packaging. support.
According to the region, the protective packaging market is segmented into North America, Western Europe, Eastern Europe, Northern Europe, Asia Pacific, South America, Middle East and Africa. It is estimated that the Asia-Pacific region will account for the largest share of all regions in 2017. This is mainly due to the increasing demand for protective packaging in China and India and the growth of food and beverages. The beverage industry in these countries. Due to the increase in disposable income, the urbanized population is preferring healthy and safe packaged foods.