December 04, 2024 10:00 ET | Source: Precedence Statistics Precedence Statistics
Ottawa, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The global mailer packaging market size was projected at USD 30.80 billion in 2024 and is expected to rise above USD 92.14 billion by 2032, a study published by Towards Packaging a sister firm of Precedence Statistics. lid and base paper box
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Mailer packaging, also called shipping envelopes or poly mailers, is used to transport goods through the mail or other courier services. This type of packaging refers to small or pocket-sized packages that come in the form of envelopes or boxes to protect the enclosed goods. Mailer packaging is used in various industries, such as e-commerce, logistics, manufacturing, and warehousing. This packaging safeguards products from damage during shipping.
Mailers come in two types: Cushioned and Non-cushioned. Cushioned mailers contain protective padding, usually made of thick paper, bubble wrap, or foam, making them suitable for the shipment of delicate and lightweight products such as documents, pictures, accessories, jewelry, and cosmetics. Moreover, non-cushioned mailers are used to ship products that do not require padding. The low cost of mailers further reduces shipping costs. The rising demand for lightweight and cost-effective packaging is expected to drive market growth.
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Rise in E-commerce Activities in Asia Pacific is Responsible for its Dominance
Asia Pacific dominated the market for mailer packaging in 2023 and is projected to expand at the fastest CAGR in the near future. This is due to the increase in e-commerce activities in the region. Emerging countries like India, China, and South Korea are manufacturing hubs, boosting the demand for flexible packaging solutions. Mailer packaging like envelopes, pouches, and custom forms are gaining traction due to their versatility. India and China are major contributors to market expansion. India is the third-largest online shopper base due to its large population, followed by China. In addition, the expansion of e-commerce and courier services, rapid urbanization, and industrialization contribute to regional market growth.
Higher Demand for Sustainable Packaging in North America
North America held a considerable share of the mailer packaging market in 2023. This is mainly due to the boom in e-commerce businesses, the high preference for online shopping, and the availability of a large number of online delivery services. There is a high demand for sustainable packaging, which may boost the adoption of paper mailers. The region also boasts many packaging manufacturers. Moreover, government regulations aimed at reducing plastic waste, a strong emphasis on sustainability, and a ban on single-use plastic use in packaging contribute to market expansion in North America.
Rising demand for sustainable packaging solutions creates immense opportunities in the market. The increasing consumer preference for online shopping has increased the demand for mailer packaging. Packaging made of bio-degradable materials and paper is in high demand due to the rising awareness about the environmental impact of plastic packaging waste. Decreasing the use of plastic packaging and the ban on single-use plastic encourage manufacturers to develop packaging solutions using recycled materials. Moreover, several countries are focusing on reducing carbon emissions and plastic waste. High demand for tamper-evident and child-resistant features further fuels the growth of the market.
The market is evolving rapidly as a large number of players strive to capture a large share of the market. Some of the prominent players operating in the mailer packaging market include Mondi Group, Intertape Polymer Group Inc., 3M Company, Pregis Corporation, Smurfit Kappa Group, DS Smith Plc, ProAmpac LLC, Storopack Hans Reichenecker GmbH, Crown Packaging Corp., PAC Worldwide Corporation, Ulin Inc., and Sealed Air Corporation.
PAC Worldwide Corporation continues to focus on its sustainability mission with its Ecojacket Flex. With its unique flexible padded design, the Ecojacket Flex has helped global eCommerce companies and couriers meet their customers’ demands for more sustainable packaging.
Recent Developments in the Market
Segments Covered in the Report
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Towards Packaging is a leading global consulting firm specializing in providing comprehensive and strategic research solutions. With a highly skilled and experienced consultant team, we offer a wide range of services designed to empower businesses with valuable insights and actionable recommendations. We stay abreast of the latest industry trends and emerging markets to provide our clients with an unrivalled understanding of their respective sectors. We adhere to rigorous research methodologies, combining primary and secondary research to ensure accuracy and reliability. Our data-driven approach and advanced analytics enable us to unearth actionable insights and make informed recommendations. We are committed to delivering excellence in all our endeavours. Our dedication to quality and continuous improvement has earned us the trust and loyalty of clients worldwide.
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