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https://www.fortunebusinessinsights.com/enquiry/sample/transit-packaging-market-109585

Transit Packaging Market Size, Share, and Emerging Trends 2025-2032

The global transit packaging market size was valued at USD 242.16 billion in 2024. The market is
projected to be worth USD 257.70 billion in 2025 and reach USD 414.69 billion by 2032, exhibiting a
CAGR of 7.03% during the forecast period. North America dominated the transit packaging market with
a market share of 32.47% in 2024. Moreover, the transit packaging market in the U.S. is projected to
grow significantly, reaching an estimated value of USD 108.63 billion by 2032, driven by the growing
demand for transit packagig in the pharmaceutical sector.
Transit packaging refers to the effective packaging solution that delivers superior protection to the
product from damage during handling, transportation, storage, and shipping. The surging demand for
cartons and boxes in the automotive, healthcare, and food & beverage sectors is augmenting the
market’s growth.
Fortune Business Insights™ provides this information in its research report, titled “Transit
Packaging Market, 2025-2032”.

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Report: https://www.fortunebusinessinsights.com/enquiry/sample/transit-packaging-
market-109585
List of Key Players Mentioned in the Report:
 Mondi (U.K.)
 WestRock Company (U.S.)

International Paper (U.S.)
 Nefab AB (Sweden)
 Smurfit Kappa (Ireland)
 ProAmpac (U.S.)
 Sealed Air (U.S.)
 Stora Enso Oyj (Finland)
 DS Smith (U.K.)
 Greif, Inc. (U.S.)
 Sonoco Products Company (U.S.)
 Rengo Co. Ltd. (Japan)
 Mauser Packaging Solutions (U.S.)
 Schütz GmbH & Co. KGaA (Germany)
 Time Technoplast Ltd. (India)
Segmentation:
High Usage of Trays Made Using Paper & Paperboard to Foster Segment Expansion
In terms of material, the market is divided into wood, metal, paper & paperboard, and plastic. The paper
& paperboard segment accounts for the largest transit packaging market share. The high deployment
of trays, cartons, boxes, and other products made using paper & paperboard material by several end-
use industries for product packaging is propelling the segment growth.
Exceptional Protection Delivered by Rigid Packaging to Spur Segment Growth
On the basis of packaging type, the market is classified into protective, rigid, and flexible. The rigid
segment secures the largest share. Superior protection offered by rigid packaging for the products
packaged inside owing to its support and structure is impelling the segment expansion.
Boxes & Cartons Segment Dominates Owing to Customization Attribute
Based on product type, the market is segregated into trays & crates, barrels & drums, intermediate bulk
containers, inserts & dividers, pallets, boxes & cartons, and others. The boxes & cartons segment
witnesses the largest share. Boxes & cartons can bear wear & tear of many transport activities, deliver
overall product protection, and offer customization, thus, there is a high demand from major industries,
including automotive, healthcare, food & beverages, and others.
Food & Beverage Segment at the Forefront Owing to Heavy Product Demand
On the basis of end use, the market is segmented into healthcare, e-commerce, food & beverages,
industrial, automotive, electricals & electronics, chemicals, and others. The food & beverage segment
holds the prominent position with heavy demand for transit packaging owing to its spill proof and break
free properties. With such efficient packaging manufacturers rely on the product as it helps them to
increase profit.
From the regional perspective, the market is categorized into the Asia Pacific, North America, the Middle
East & Africa, Europe, and Latin America.
Report Coverage
The report offers a comprehensive coverage of the major industry trends, COVID-19 pandemic impact,
and the key factors affecting the market growth. Other aspects of the report include the strategic
initiatives implemented by leading companies to bolster their share.
Drivers and Restraints:
Quickly Expanding E-commerce Sectors to Escalate Market Growth
The market is witnessing rapid growth due to the potential advantages delivered by the solution to many
end-use industries. In addition, transit packaging market growth can be credited to the surging demand
for e-commerce products.
However, the growing concerns pertaining to environment along with the steep raw material costs may
hamper market growth.

https://www.fortunebusinessinsights.com/transit-packaging-market-109585


https://www.fortunebusinessinsights.com/transit-packaging-market-109585

Regional Insights:
North America Dominates Due to Strong Presence of Prominent Manufacturers
North America accounts for the largest share of the transit packaging market on account of the robust
presence of key manufacturers of transport packaging.
Asia Pacific is anticipated to observe significant growth during the forecast period due to the growing
export of electronic products from different parts of the region.
Information Source: https://www.fortunebusinessinsights.com/transit-packaging-market-
109585
Competitive Landscape:
Key Players Deploy Product Innovations to Enhance Their Position
The transit packaging market has a high level of fragmentation and competitiveness. WestRock
Company, Mondi, International Paper, Smurfit Kappa, ProAmpac, and Nefab AB are some of the
prominent companies in the market. Capacity expansions, joint ventures, mergers, and acquisitions are
some of the strategies adopted by leading companies to gain a competitive edge. Several players are
also emphasizing product innovations to boost their position.
Key Industry Development:
June 2023 – Mondi and Baumit declared the release of a water-soluble bag for dry mix mortar. The
product is made using one-ply for the storage and transportation of dry construction materials.