The global dunnage packaging market size was valued at USD 4.00 billion in 2023. The market is projected to be worth USD 4.21 billion in 2024 and reach USD 6.65 billion by 2032, exhibiting a CAGR of 5.89% during the forecast period.

Dunnage packaging includes packaging materials that are intended to protect the products. The increase in the consumption of dunnage packages to safeguard shipments from moisture, damage, moisture, and shock absorption drives the market expansion. Fortune Business Insights™ mentions this in a report titled, “Dunnage Packaging Market Size, 2024-2032.”

List of Key Players Present in the Report:

ORBIS Corporation (U.S.), DS Smith (U.K.), Sonoco Products Company (U.S.), Corplex (France), NEFAB Group (Sweden), Dordan Manufacturing Company, Inc. (U.S.), Reusable Transport Packaging (U.S.), IPS Packaging & Automation (U.S.), Signode Industrial Group (U.S.), Amatech Inc. (U.S.), MJSolpac Ltd. (U.K.), Ckdpack (Canada), GWP Group (U.K.), Packaging Corporation of America (U.S.), Southern Packaging, LP (U.S.)

Segments

Growing Utilization of Plastic Material to Boost Segment Growth

By material, the market is classified into plastic, fabric, paper, metal, and others. The plastic segment is dominating the market and holds the largest dunnage packaging market share. The segment’s growth is attributed to the surging utilization of plastic material to support equipment and products owing to its durability and sturdy properties.

Inserts & Dividers Segment to Lead the Market as They Improve Productivity

By product type, the market for dunnage packaging is categorized into inserts & dividers, bags, racks, trays, pads & corners, and others. The inserts & dividers segment is dominating the market and is projected to witness rapid growth during the forecast period. The inserts & dividers improve the efficiency and productivity of the business, which further increases the parts & components protection while handling and transit and reducing related costs.

Growing Use of Dunnage Bags in the Automotive Industry to Boost Segment Expansion

On the basis of end-use, the market is categorized into automotive, shipping & logistics, aerospace & defense, electricals & electronics, food & beverages, healthcare, and others. The automotive segment is leading the market and is expected to witness rapid growth during the projected period. The surging use of dunnage bags, inserts, and pads in the automotive industry as it guarantees that customers receive undamaged products, protecting the quality, image, and final products of the brand.

Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage

The report offers:

• Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
• Comprehensive insights into regional developments.
• List of major industry players.
• Key strategies adopted by the market players.
• The latest industry developments include product launches, partnerships, mergers, and acquisitions.

Drivers & Restraints