Protective packaging comes in both material and container form. It safeguards the product as a candy bar wrapper or can; and as a container, like a box for shipping with the product inside. Both are necessary forms of protection to give the end user, the consumer, trust in the CPG owner and/or the shipper. The barrier films, wrappers, boxes and other materials used are designed and constructed to protect the goods from atmospheric, magnetic, electrostatic, vibration or shock damage.
According to a recent ResearchandMarkets (researchandmarkets.com) report, the protective packaging market is set to grow at a CAGR of 6.03% to reach U.S. $38.548 billion by 2022 (from $28.769 billion in 2017). The growing global ecommerce industry is the major driver of global protective packaging market. Growing internet penetration, rising purchasing power, increased proliferation of smartphones and other mobile devices is boosting the sales through e-retailing channels, which are augmenting the demand for protective packaging solutions for packaged goods.