The North America shipping supplies market refers to the production and distribution of packaging materials, such as boxes, containers, tape, and labels, used to transport goods via different modes of transportation, including land, air, and sea. The market is expected to grow significantly in the coming years, driven by the growth of e-commerce, the increasing demand for sustainable packaging, and the rising globalization of trade.
One of the key drivers of the North America shipping supplies market is the growth of e-commerce. With the increasing popularity of online shopping, there has been a significant increase in the volume of goods being shipped across the region. This has created a significant demand for packaging materials that can protect goods during transport and provide a positive customer experience. Additionally, the growth of e-commerce has led to the emergence of new packaging requirements, such as smaller, more efficient packaging for items like clothing and electronics.
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Another factor driving the growth of the North America shipping supplies market is the increasing demand for sustainable packaging. With growing awareness of the negative environmental impact of plastic packaging, there has been a significant shift towards more sustainable materials. This has led to the development of new, eco-friendly packaging materials, such as biodegradable packaging, recycled materials, and compostable packaging. Many manufacturers in the North America shipping supplies market are investing in these sustainable materials to meet the demand of environmentally conscious consumers.
In addition to e-commerce and sustainability, the globalization of trade is also driving the growth of the North America shipping supplies market. As trade continues to expand across borders, there is a growing need for efficient and secure packaging materials that can protect goods during long-distance transport. This has led to the development of new packaging technologies, such as temperature-controlled packaging, that can maintain the quality of goods during transport.
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In terms of geography, the North America shipping supplies market is dominated by the United States, which accounts for the majority of the market share. This is due to the large size of the U.S. economy and the presence of a large logistics and transportation industry in the country. However, the market is also growing rapidly in Canada and Mexico, driven by the increasing demand for e-commerce and sustainable packaging.
In conclusion, the North America shipping supplies market is expected to grow significantly in the coming years, driven by the growth of e-commerce, the increasing demand for sustainable packaging, and the rising globalization of trade. As the market becomes more competitive, manufacturers are expected to focus on innovation and quality control to differentiate their products and maintain their competitive edge. The increasing demand for sustainable packaging is expected to create new opportunities for manufacturers in the market, making it a key area of focus in the transition towards a more sustainable future.
Competitive Landscape
Key players operating in the North American shipping supplies industry are focusing on partnership and acquisition strategies to broaden their presence, as well as product portfolios. Also, some of the other key players are focusing on launching recycled & sustainable products to gain high market shares.
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Some of the recent industry development by key players are –
- In November 2022, Mondi Group partnered with Modivo SA, which is the largest fashion e-retailers in Europe, for providing packaging solutions for e-commerce needs.
- In July 2022, Sealed Air Corporation launched a new product called the paper bubble mailer of the Bubble Wrap Brand. It is a fiber-based mailer that can be recycled in the curbside bin.
- In January 2022, Sonoco Products Company announced the acquisition of Ball Metalpack. It is a leading sustainable metal packaging manufacturer of food and household packaging in North America.
Key Players:
- DS Smith Plc
- Mondi Group
- Amcor Plc
- Sonoco Products Company
- WestRock Company
- Sealed Air Corporation
- International Paper Company
- Pregis LLC
North America Shipping Supplies Market Outlook by Category
By Material:
- Plastic
- Polyethylene (PE)
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Others
- Paper & Paperboard
- Metal
- Wood
By Packaging Format:
- Corrugated Boxes
- Folding Cartons
- Bags
- Crates
- Drums & Barrels
- Straps
- IBCs
- Mailers & Envelopes
- Wraps
- Labels
- Tapes
By End Use:
- Commercial
- E-commerce Companies
- Courier Service Companies
- Institutional
- Financial Institutions
- Academic Institutions
- Government Organizations
By Country:
- US
- Canada
- Mexico
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