DESCRIPTION
The protective packaging market is evaluted at US$32.807 billion for the year 2019, growing at
a CAGR of 5.81% to reach US$46.038 billion by 2025.Growing global e-commerce 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.