Top Companies in the Dunnage Packaging Market | Growth rate, Past and Future Data by VMR
The Dunnage Packaging market is witnessing growth due to the increasing demand for Dunnage Packaging from the electronics, automotive, aerospace, and food and beverage industries.
Upcoming Trends in Dunnage Packaging Market
The Global Dunnage Packaging Market is valued at USD 3.82 Billion in 2021 and is projected to reach a value of USD 5.06 Billion by 2028 at a CAGR of 4.8% over the forecast period. Dunnage is inexpensive or wastes material used to load and secure cargo during transportation; more loosely, it refers to miscellaneous baggage, brought along during travel. The term can also refer to low-priority cargo used to fill out transport capacity which would otherwise ship underweight.
The major drivers driving the Global Dunnage Packaging Market are Increasing Urban Population, Strong Demand for Dunnage Packaging from end-use Industries, Benefits of Dunnage Packaging, and High Optimization in Pack Size. For instance, Schoeller Allibert (Netherlands) is another major player in the Dunnage Packaging market. It is one of the global leaders in the design, manufacture, and supply of Dunnage Packaging. As a part of its growth strategy, the company strives to increase its profitability and provide quality products to long-term strategic customers. As a part of its growth strategy, it focuses on expansion and investment.
Some of the key contributors in the field of Dunnage Packaging Market are as below:
Company Name |
Revenue in USD |
|
$7 Billion |
|
$1 Billion |
|
$594 Million |
|
$699 Million |
|
$556 Million |
|
$195 Million |
|
$5 Million |
|
$6 Million |
|
$5 Million |
|
$226 Million |
DS Smith plc is a British multinational packaging business, headquartered in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. The company is listed as SMDS (LON) on the London stock market. The company generated revenue of USD 7.78 billion in 2021 and has total employees of 29,309. The company was founded in 1940 and has numerous subsidiaries such as Papeles Y Cartones De Europa, DS Smith France, and others.
Menasha has built a culture over more than 170 years of family ownership that values a commitment to superior customer satisfaction and a welcoming work environment where employees collaborate, innovate, thrive, support their communities, and build long, meaningful careers. The company was founded in1849. The company is a privately held organization and has approximately 5000 employees working. The company is specialized in Dunnage Packaging, corrugated packaging and merchandising solutions, reusable plastic packaging systems, and retail marketing solutions for pharmaceuticals and CPGs
Schoeller Allibert Northern America is the North American division of Schoeller Allibert, a global leader in Returnable Transit Packaging (RTP) with headquarters in the Netherlands. The company is privately held organization and has approximately 5000 employees working. The company is specialized in products such as packaging, plastic packaging, bulk packaging, returnable packaging, and sustainable packaging.
Myers Industries is a diversified, international manufacturer of plastic and rubber products. The company is listed as MYE (NYSE) in the New York stock market. The company is headquartered in Akron, Ohio, United States, and has various subsidiaries such as Myers Tire Supply Distribution, Inc, Buckhorn Inc, and others.
Nefab is a packaging company manufacturing Packaging and Containers. The company was founded in 1916 and is headquartered in Jönköping, Sweden. The company is a privately held organization specialized in manufacturing industrial packaging, complete packaging solutions, lightweight packaging, export and returnable packaging, and long-term and inner packaging.
UFP Technologies, Inc., founded in 1963 and based in Newburyport, Massachusetts, is a designer and custom manufacturer of components, sub-assemblies, products, and packaging utilizing highly specialized foams, films, and plastics primarily for the medical market. The company is listed as UFPT (NASDAQ) on the stock market. The company has approximately 860 employees and has numerous subsidiaries such as UFP Technologies, DAS Medical Holdings, LLC, E.N. Murray Co., Inc., and others.
Reusable Transport Packaging provides a range of reusable bulk containers, handheld totes, pallets, carts, and custom products designed to improve the flow of products, reduce costs and increase profitability, add sustainability, and protect users’ products. In addition, Reusable Transport Packaging offers short to long-term rental, lease, and trip lease options. With over 50 years of combined experience, Reusable Transport Packaging is ready to help customers' businesses map reusable packaging into user’s supply chains today.
Amatech manufactures custom-designed, reusable, collapsible plastic corrugated boxes, totes, and storage containers. The company helps companies design, test, and implement returnable packaging programs. Just one returnable package can replace more than 100 cardboard boxes. Industries with high volume, delicate products, such as automotive and electronics, depending on the company’s durable, customized packaging.
Covestro AG is a German company that produces a variety of polyurethane and polycarbonate-based raw materials. Products include isocyanates and polyols for cellular foams, thermoplastic polyurethane, and polycarbonate pellets, as well as polyurethane-based additives used in the formulation of coatings and adhesives. The company is listed as 1COV (ETR) on the stock market. The company generates revenue of USD 12.2 billion in 2021. The company has a total of 16,736 employees.
Rehrig Pacific has over a century of experience as a global solutions provider and is a leading authority on sustainable supply chain solutions. The company has leveraged its expertise in supply chains and operational optimization to generate revolutionary innovations in such varied industries as consumer-packaged goods, dairy, beverage, waste management, agriculture, and eCommerce. Founded in 1913, Rehrig Pacific’s products and solutions create value for their customers’ products and ideas as they move throughout the global supply chain. The company’s proven success comes from focusing on the needs of its customer’s customers, integrating technology to eliminate waste, enhancing the consumer experience, continually delivering solutions that are simple and easy to implement, and providing ideas that are driven by a relentless commitment to sustainability.
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