The global packaging inserts market was valued at around US$ 2.1 Bn in 2021, registering Y-o-Y growth of 4.0%. Packaging inserts sales are projected to increase at a healthy CAGR of 4.5% over the forecast period, to top a valuation of US$ 3.5 Bn by 2032.
Plastic packing inserts are both flexible and long-lasting. Plastics, often known as polyethylene, are high density polymers used in package inserts that give exceptional strength and water resistance to reduce product damage.
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The global packaging inserts market is driven by the increasing demand for efficient and cost-effective packaging solutions. With the rise of e-commerce and online shopping, the need for secure and reliable packaging has never been greater. Packaging inserts offer a simple and effective way to protect products during shipping, helping to reduce the risk of damage and improve customer satisfaction.
One of the key trends in the packaging inserts market is the use of sustainable materials. As consumers become more environmentally conscious, there is a growing demand for packaging that is eco-friendly and sustainable. Many manufacturers are now using recycled materials, such as paper and cardboard, to produce packaging inserts that are both durable and environmentally friendly.
Furthermore, producers are developing acceptable materials and paper that are both ecologically friendly and long-lasting, resulting in a lower carbon footprint and a lower negative impact on the environment.
Which trends are driving packaging insert sales?
“High Demand for Appealing Packaging Solution to Increase Packaging Insert Sales”
Unpacking things with appealing inserts increases brand loyalty. Inserts in packaging provide value to the contents packed in the case. Decorative trays and foam sheets for branded products improve the brand image of the company. Personalized notes, product offers, discounts and coupons, gifts, and much more are included in the package insert. Adding more products boosts customer satisfaction. As a result, demand for package inserts is likely to rise significantly in the future years.
“Increased Use of Electrical and Electronics Drives Demand for Packaging Inserts”
Electronic products are packaged and transported with extreme caution since little objects might cause damage.
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Competitive Landscape
Key players operating in the global packaging inserts market use a variety of marketing techniques, including mergers & acquisitions, expansions, collaborations, and partnerships.
Leading organisations also use new product creation as a strategic way to expand their market presence among customers. Advanced packaging inserts have been incorporated as a result of these tactics. Some of the recent developments in the market are as follows:
- In June 2022, Mondi Group won the Retort pouch recyclable scoops Swiss Packaging Award, demonstrating packaging innovation and creativity. Packaging was developed in partnership with Hilcona, a European market leader.
- In March 2022, DS Smithcreates cost-saving, e-commerce-compatible cardboard packaging for medical devices in the Asian market. The single-use plastic is used in the cardboard which is environment friendly.
Global Packaging Inserts Market by Category
Product Type:
- Trays
- End Caps
- Sheets
Material:
- Paper & Paperboard
- Plastic
- Foam
- Molded fiber
End Use Industry:
- Food & Beverages
- Electrical & Electronics
- Automotive
- Healthcare
- Industrial
- Cosmetics
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