Logistics Packaging Market Size, Share, CAGR & Forecast Report for 2032

ByNiranjan karde

The global logistics packaging market is poised for substantial expansion, with an estimated value of US$ 25,643.3 million in 2022, projected to surge to over US$ 40,205.9 million by 2032. This growth trajectory corresponds to a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period from 2022 to 2032. The burgeoning shipping and logistics sectors are set to play a pivotal role in boosting the global logistics packaging market share.

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The evolving nature of the packaging industry, characterized by the integration of advanced packaging technologies and innovative products across various business sectors, is expected to fuel the sales of logistics packaging. This type of packaging holds significant importance within the supply chain management cycle by reducing transportation costs, ensuring secure transit, preventing damage to delicate items, and presenting appealing packages to entice consumers.

A notable catalyst for the market’s revenue expansion in the foreseeable future is the continual advancement of packaging technology. As the industry embraces novel techniques and solutions, the logistics packaging market is poised to meet the evolving demands of modern supply chains and foster sustained growth.

Recent Developments in Logistics Packaging Market

  • A renowned provider of contract logistics services with extensive knowledge in the packaging, food & beverage, and automotive industries, Buske Logistics was announced for acquisition by Fourshore Partners in March 2022.
  • Cardinal Health and Ember Technologies unveiled a digital shipping box in March 2022 that they hope would save waste in the pharmaceutical supply chain while protecting temperature-sensitive biologics for 2 to 8°C for 48 to 72 hours.
  • Supply chain transparency company Sourceful announced in March 2022 that it would raise USD 20 million in a Series A round of funding.

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Key Segments

By Packaging Durability Type:

  • Flexible Logistics Packaging
  • Rigid Logistics Packaging

By Material Durability:

  • Non-durable Goods
  • Durable Goods

By Material Type:

  • Steel
  • Plastic
  • Corrugated
  • Wood
  • Plywood
  • Others

By End Use:

  • Consumer Goods
  • Manufacturing
  • Food & Beverages
  • Healthcare
  • Automotive
  • Others

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Europe
  • MEA