Market Overview:
The global automotive parts packaging market size reached US$ 6.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 6.5 Billion |
Market Forecast in 2032
|
US$ 9.1 Billion |
Market Growth Rate 2024-2032 |
3.7% |
Automotive parts packaging assists in protecting valuable vehicle parts from vibrations, scuffs, dents, dings, and damages during storage and shipping. It generally comprises barrier materials, tubing, harnesses and straps, edge protectors, and corrugated boxing solutions. At present, there is an increase in the usage of automobiles for travelling and other purposes, which is positively influencing the requirement of automotive parts packaging across the globe.
Automotive Parts Packaging Market Trends:
There is currently a rise in the integration of telematics, in-vehicle infotainment systems, and advanced driver assistance systems (ADAS) in automobiles. This, in confluence with the rising requirement for cost-effective and sustainable packaging solutions, represents one of the key factors bolstering the growth of the market. Moreover, governments of numerous countries are encouraging the adoption of electric vehicles (EVs) as they emit fewer greenhouse gases (GHGs) and air pollutants. They are also developing policies and programs to support the rapid manufacturing of zero-emission commercial vehicles. This, coupled with the increasing utilization of returnable packaging that helps reduce packaging waste and minimize the carbon footprint, is impelling the market growth. Besides this, automotive vehicles comprise numerous small, medium, and large-sized components that are assembled by the automotive original equipment manufacturers (OEM). This, coupled with the rising production of heavy components, such as cooling systems and engine components, is stimulating the growth of the market. Furthermore, bio-based packaging materials are nowadays being used in the packaging on account of rising environmental awareness among the masses. This, along with the increasing export of automotive parts globally, is creating a positive outlook for the market. Other factors facilitating the market growth include the thriving automotive industry and rising technological advancements in supply chain management.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive parts packaging market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component type, product type and packaging type.
Breakup by Component Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Battery
- Cooling System
- Underbody Components
- Automotive Filter
- Engine Components
- Lighting Components
- Electrical Components
Breakup by Product Type:
- Pallets
- Crates
- Bulk Containers and Cases
- Bags and Pouches
- Folding Cartons
- Corrugated Products
- Trays
- Protective Packaging
Breakup by Packaging Type:
Breakup by Region:
To get more information on the regional analysis of this market, Request Sample
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being DS Smith plc, Knauf Industries, Mondi plc, Nefab AB, Primex Plastics Corporation (ICC Industries Inc.), Schoeller Allibert Services B.V., Sealed Air Corporation, Signode India Ltd., Smurfit Kappa Group plc, Sonoco Products Company, Sunbelt Paper & Packaging Inc. and WestRock Company.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Component Type, Product Type, Packaging Type, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
DS Smith plc, Knauf Industries, Mondi plc, Nefab AB, Primex Plastics Corporation (ICC Industries Inc.), Schoeller Allibert Services B.V., Sealed Air Corporation, Signode India Ltd., Smurfit Kappa Group plc, Sonoco Products Company, Sunbelt Paper & Packaging Inc., WestRock Company |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |