3 key issues global protective and transit packaging market
According to new research, the global value of protective transit packaging products and systems totalled $112.3 billion in 2016, and is forecast to grow to $139.4 billion in 2022. Despite the positive future, the marketplace faces some significant issues and challenges.
The rapid growth of e-commerce sales and distribution channels is revolutionising the retail marketplace. Environmental issues have been important drivers of the protective transit packaging materials selection, product design and business practices for some time. Warehouse and logistics automation will present major issues and open significant opportunities to suppliers (Press Release Smithers Pira, 13 December 2017).
Click here for the press release.
Click here for more information about the report.
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