Protective packaging is like that friend who always has your back. It lends a hand, cushions the blow and even makes sure you get where you are going, safely. The protective packaging industry is growing at a CAGR of 4.48% over the period 2014-2019, according to Research and Markets (researchandmarkets.com). One major reason for the growth is due to increased usage in the online shopping industry, especially as we enter the holiday season.
A major trend emerging in the market is an increased investment in research and development to create environmentally friendly and sustainable packaging materials. Vendors are investing in innovative technologies to develop packaging materials that can be recycled and reused.