Automotive Parts Packaging Market Size, Share, and COVID Impact Analysis, By Material (Plastics, Glass, and Aluminum), By Product (Bags & Pouches, Bottles & Jars, and Tubes), By End-User (Personal Care & Home Care, Healthcare, and Food & Beverages) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI106857 | Status : Ongoing

KEY MARKET INSIGHTS

Automobile parts packaging help protect precious automobile parts from vibrations, scuffs, dents, dings, and damages during storage and shipping. It usually contains barrier materials, tubing, harnesses and straps, part protectors, and corrugated boxing solutions. The growth in the utilization of automobiles for traveling and other purposes, which is definitely influencing the requirement of automobile parts packaging worldwide.

The demand in the automotive parts packaging market is increasing due to the rapidly growing population and urbanization. The growing production and packaging of heavy components such as cooling systems and engine components also have a major impact on the growth of automotive parts packaging during the forecast period. The extensive shift of customers towards bio-based packaging substances because of growing environmental protection problems and the growing involvement of electronic and electrical device inside the automobile sectors are expected to drive the market's growth.

Impact of COVID-19 on the Automotive Parts Packaging Market

Due to the outbreak of the COVID-19 pandemic in 2020 and the strict government regulations imposed on many developed and developing countries have disrupted the supply chain and manufacturing affected a negative impact on the automotive sector and overall potential of the industry. Eventually, in 2020 there was a decrease in demand for corrugated cardboard products for the automotive industry. The corrugated automotive packaging market is predicted to get better at a steady pace in the post-pandemic era as the world returns to normalcy and restrictions are lifted.

Key Insights

The report will cover the following key insights:

Key Trends in the automotive parts packaging market

New Advancements in Production Technologies

New product launches, expansions of automotive parts packaging market

Impact of COVID-19 on automotive parts packaging market

Analysis by Material

Plastic segment is expected to witness a significant growth and dominates the market during the forecast period due to

Regional Analysis

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North America is expected to have a significant growth in automotive industry and witness to dominates the market during the forecast period due to increasing population increase in consistent with capita income, and improvement in living standards. Moreover, rise in the demand of demand for comfort functions in automobiles and fuel-green automobiles which accelerates the growth of the automotive parts packaging market. Reducing the weight of vehicles and increasing energy efficiency continue to drive the automotive industry. Additionally, the increase market growth of consist of the improvement of marketing analytics equipment and firmly established existing gamers within the market.

Key Players Covered

The report will include the profiles of key players such as Monoflo International, Pacific Packaging Products, Inc., Schoeller Allibert, Knauf Industries, Sunbelt Paper & Packaging Inc., LOSCAM, CMTP, NEFAB GROUP, Pratt Industries, Inc., and others.

Segmentation

By Product Type	By Packaging Type	By Component Type	By Geography
Corrugated Boxes Reusable Containers & Cases Crates Trays Folding Carton Bags & Pouches Pallets Protective Packaging	Reusable Disposable	Battery Cooling System Underbody Components Automotive Filter Engine Components Lighting Components Electrical Components	North America (U.S. and Canada) Europe (Poland, Hungary, Turkey, Spain, Czech Republic, and Rest of Europe) Asia Pacific (India, Thailand, Malaysia, Singapore, South Korea, and the Rest of APAC) Middle East & Africa (UAE, South Africa, and Rest of MEA) Latin America (Brazil, Mexico, and Rest of LATAM

Key Industry Developments

In February 2019, Nefab Americas acquired Pacific Coast Packaging a company which specializes in the design and manufacturing of custom wood, foam and corrugated packaging products. This acquisition serves product and boost their presence in the Southern California market.

In February 2019, Smurfit Kappa established a new plant in Tijuana, Mexico. The new folding carton plant will strengthen the company’s footprint in the Baja California region and neighboring Northern Mexico states.

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SPEAK TO ANALYST

PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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