The latest market report published by Constancy Researchers “Global Wood Dunnage Packaging Market: Growth, Future Prospects, COVID-19 Impact Analysis, Drivers, Restraints, Trends, Opportunities, Investment Landscape, and Competitive Analysis, 2017 – 2028”
Global Wood Dunnage Packaging Market: Overview
The global wood dunnage packaging market was valued at US$ XXMillion in 2020 and is estimated to grow at a CAGR of XX% during the forecast period. The global wood dunnage packaging market is anticipated to witness lucrative growth in the years to come due to the rapid industrlization in the emerging economiesalong with the rising demand for wood dunnage packaging from numerous end use industries including healthcare, food & beverages, and others. Furthermore, the growing urbanization and enhanced demand for wood dunnage packaging in the Asia Pacific region are some other key factors for the growth of the wood dunnage packaging market during the forecast period. Moreover, the emergence of new technologies coupled with increased demand for eco-friendly packagingare some of the key opportunities for the global wood dunnage packaging market over the upcoming years. Besides, the volatile raw material costis one ofkey factors estimated to hamper the global wood dunnage packaging market growth in the years to come.
Global Wood Dunnage Packaging Market: COVID-19 Impact
The impact of COVID-19 has been considered in the global wood dunnage packaging market report published by Constancy Researchers Private Limited. According to Constancy Researchers Private Limited COVID-19 analysis on the global wood dunnage packaging market, the demand for wood dunnage packaginghas decreased due to haltin the manufacturing industry worldwideduring the COVID-19 period.
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Global Wood Dunnage Packaging Market: Report Highlights
- On the basis of application, in the wood dunnage packaging market, the automotivecategory had a substantialshare in the global market in 2020 and is estimated to continue its significant growth over the forecast period. Besides, the electronics category is estimated to witnesslucrative growth during the forecast period.
- Based on the regional analysis, Asia Pacificdominated the market in 2020 and is projected to witness sunstantial growth over the upcoming years. This is majorly due to the rising demand for reusable packaging solutions and the increased demand for wood dunnage packaging from food & beverages, healthcare, and other industries in the reigon. On the other flip, North America and Europe is estimated to witness substantial growth over the upcoming years.
- Mergers & acquisitions, new product launches, strategic partnerships, and collaborations among key players are estimated to be the key strategies in the global wood dunnage packaging market.
- As per the research by Constancy Researchers Private Limited, the global wood dunnage packaging market is highly fragmented in nature owing to the presence of a large number of players at the global, regional, and country-level.
List of Key Players of Global Wood Dunnage Packaging Market
- DS Smith
- Menasha Corporation
- Schoeller Allibert
- Myers Industries
- Nefab Group
- UFP Technologies
- Reusable Transport Packaging
- Amatech Inc.
- Mjsolpac Ltd.
- Rehrig Pacific Company
- Ckdpack Packaging Inc.
- Gwp Group
- Interior Packaging Design, LLC
- Packaging Corporation of America
- Dunnage Engineering
- Salco Engineering & Mfg.
- Package Design & Manufacturing
- Keener Corporation
- Jida Industrial Solutions
- Artisanz Woodation and Machine, LLC
- Others
Global Wood Dunnage Packaging Market: Segmentation
Constancy Researchers Private Limited has segmented the global wood dunnage packaging market on the basis of application, and regional analysis-
GlobalWood Dunnage Packaging Market: By Application
- Automotive
- Aerospace
- Electronics
- Food & Beverage
- Consumer Durables
- Healthcare
- Others
Global Wood Dunnage Packaging Market: By Regional Analysis
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America (LATAM)
- Brazil
- Mexico
- Rest of Latin America (LATAM)
- Middle East & Africa (MEA)
- United Arab Emirates (UAE)
- Saudi Arabia
- Rest of Middle East & Africa (MEA)
