Transit Packaging Market Size | USD 454.48 Bn Growth & Trends

Transit Packaging Market Size to Escalate USD 371.09 bn by 2033

The Transit Packaging Market Size to rise from USD 264.71 bn in 2025 to reach USD 371.09 bn by 2030, with a CAGR of 6.99%. North America dominated the global market share with 34.25% in 2023. Asia Pacific is expected to grow at a significant rate and North America is expected to grow at 7.34% CAGR from 2023 to 2033. The rigid segment has shown significant growth rate in the market in 2023.

Transit Packaging Market Size, Companies Report 2023 - 2033

The global transit packaging market size reached US$ 231.25 billion in 2023 and is projected to hit around US$ 454.48 billion by 2033, expanding at a CAGR of 6.99% during the forecast period from 2024 to 2033. Increasing launch of the new automobile parts has risen the demand for the transit packaging globally which is estimated to drive the growth of the global transit packaging market.

Transit Packaging Market Revenue 2023 - 2033

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Transit Packaging Market Key Takeaways

  • North America dominated the global corrugated boxes market share with 34.25% in 2023.
  • Asia Pacific is expected to grow at a significant rate in the market during the forecast period.
  • North America is expected to grow at 7.34% CAGR from 2023 to 2033
  • By material, the paper & paperboard segment dominated the market with the largest share in 2023.
  • By packaging type, the rigid segment has shown significant growth rate in the market in 2023.
  • By product type, the boxes & cartons segment dominated the market in 2023.
  • By end use, the food & Beverages segment dominated the market in 2023.

Market Overview

Packaging can take many different forms. Depending on the items or materials shipping and the level of protection needed, consumers need different types of transit packing. "Transit Packaging" is something that's frequently disregarded in packaging. Transit packaging is designed to endure several transit stressors including moisture, vibration, compression, etc. and is mostly used for business-to-business transactions. Additionally, transit packaging differs greatly from retail packaging. While transit packaging puts the protection and durability of the goods first, retail packaging places greater emphasis on the presentation and advertising of the products.

The supply chain of any company must include transit packaging. Reliable packing reduces product damage and advances company. Let's examine the advantages, classifications, and varieties of transportation packaging. The initial or deepest layer of packing is called primary packaging. Transit packaging facilitates the effective transportation of goods from one location to another in a world where prompt delivery and customer satisfaction are critical. It helps with effective logistics and lessens loss in addition to making the loading, unloading, stacking, and moving of goods easier.

Overview of China Import and Export Data: Global Freight, Packaging, and Logistics Information (Dec 31, 2021 - Dec 31, 2022)

From December 31, 2021, to December 31, 2022, various international shipments were made, including carton boxes, gift boxes, and laminating paper. Shipments from China included:

  • 536 carton boxes transported from China to Mexico on the vessel Tuo Yuan, weighing 7,477.5 kg and with a CBM of 72.01.
  • 640 carton boxes shipped to Italy on the NYK Triton, weighing 6,016 kg with a CBM of 50.22.
  • 225 carton boxes sent to Spain, also on the NYK Triton, weighing 1,910.5 kg with a CBM of 28.93.
  • Laminating paper exported to Saudi Arabia on the Hyundai Europe, with 48 units in 3 TEU.

In addition, shipments also included gift boxes from China to the UK, and packaging from Israel and Malaysia to China.

Color Boxes (China → Mexico)

  • Booking Number: HKG1D71H3B00
  • Booking Country: China
  • Destination Port: Lazaro Cardenas (MXLZC)
  • Product: Carton Boxes
  • Quantity: 536 units
  • Weight: 7477.50 kg
  • Vessel Name: Tuo Yuan
  • CBM: 72.01
  • Freight Term: C (Cost and Freight)
  • Notify Name: Consolidated International Shipping SA de CV

Carton Boxes (China → Italy)

  • Booking Number: HKG379C30100
  • Booking Country: China
  • Destination Port: Genoa (ITGOA)
  • Product: Carton Boxes (Paper Box)
  • Quantity: 640 units
  • Weight: 6016 kg
  • Vessel Name: NYK Triton
  • CBM: 50.22
  • Freight Term: C (Cost and Freight)
  • Notify Name: Schenker Italiana S.p.A.

Carton Boxes (China → Spain)

  • Booking Number: ZHO308C82B00
  • Booking Country: China
  • Destination Port: Algeciras (ESALG)
  • Product: Carton Boxes
  • Quantity: 225 units
  • Weight: 1910.50 kg
  • Vessel Name: NYK Triton
  • CBM: 28.93
  • Freight Term: C (Cost and Freight)
  • Notify Name: Jose Antonio Blanquer S.L.

Cartons (China → Italy)

  • Booking Number: GOA3C8B00100
  • Booking Country: Italy
  • Destination Port: La Spezia (ITSPE)
  • Product: Cartons (KD Cartons, NOS)
  • Quantity: 516 units
  • Weight: 2888 kg
  • Vessel Name: Hyundai Baltimore
  • Freight Term: P (Prepaid)
  • Notify Name: Wintop Logistics H K Co Limited

Gift Boxes (China → UK)

  • Booking Number: HKG3A8302H00W
  • Booking Country: China
  • Destination Port: Felixstowe (GBFXT)
  • Product: Gift Boxes, Empty
  • Quantity: 323 units
  • Weight: 3544 kg
  • Vessel Name: Venice Bridge
  • CBM: 25.41
  • Freight Term: P (Prepaid)
  • Notify Name: Same as Consignee

Paper Boxes (Malaysia → China)

  • Booking Number: PKG30BH70200W
  • Booking Country: Malaysia
  • Destination Port: Shanghai (CNSHA)
  • Product: Carton Boxes, Empty
  • Quantity: 7 units
  • Weight: 3600 kg
  • Vessel Name: HMM Korea
  • CBM: 22
  • Freight Term: P (Prepaid)

Nestle Packaging (Israel → China)

  • Booking Number: HFA2000B1H00W
  • Booking Country: Israel
  • Destination Port: Haifa (ILHFA)
  • Product: Empty Packaging of Nestle (Carton Boxes)
  • Quantity: 9 units
  • Weight: 7500 kg
  • Vessel Name: Hyundai Europe
  • Freight Term: P (Prepaid)

Laminating Paper (China → Saudi Arabia)

  • Booking Number: NKKOBH9C9B00
  • Booking Country: China
  • Destination Port: Damman (KSA)
  • Product: Laminating Paper
  • Quantity: 48 units
  • TEU: 3
  • Freight Term: P (Prepaid)

Transit Packaging Market Growth Factors

  • Emerging markets for transit packaging is expected to drive the growth of the global transit packaging market over the forecast period.
  • Increasing regulatory support is estimated to drive the growth of the market over the forecast period.
  • The key players operating in the market are focused on adopting inorganic growth strategies like merger to expand the manufacturing capacity of the steel drums and containers which is expected to drive the growth of the market over the forecast period.
  • Increasing focus on cost reduction and production efficiency can drive the specialty market growth further.
  • Increasing in adoption of the advanced technology for the production of paperboard is estimated to drive the growth of the global transit packaging market in the near future.
  • Increasing launch of the new policy by the government to support packaging industry is expected to drive the growth of the market over the forecast period.
  • The key players operating in the market are focused on geographic expansion and launching their brand and shipment facility in other countries which is expected to drive the growth of the global transit packaging market in the near future.

Transit Packaging Market Driver

Globalization and Supply Chains

The rise in urbanization and fast rate of increase in industrialization and supply chain, the demand for transit packaging grown consequently. As supply chains become more global and interconnected, there's a greater need for secure and efficient transit packaging to protect goods during transportation. The rise of e-commerce has significantly increased the demand for transit packaging solutions, as goods often need to withstand longer and more varied transportation routes. Innovations in materials science and packaging technologies contribute to the development of lighter, stronger, and more efficient transit packaging solutions. In order to address the rising demand of the packaging solution, the key players operating in the market developed the automated technology packaging solution, which is estimated to drive the growth of the transit packaging market over the forecast period. The global packaging market size is estimated to grow from USD 1.20 trillion in 2022 to reach an estimated USD 1.58 trillion by 2032, growing at a 3.16% CAGR between 2023 and 2032.

For instance,

  • In June 2024, PalletOne, pallet manufacturing company, revealed the introduction of the automated pallet assembly machine redeployment program. The automated pallet assembly program offered improved pallet solutions to customers globally.

Transit Packaging Market Restraint

Rising Environmental and Cost Pressure

Increasing regulations and consumer demand for sustainable packaging solutions are pressuring companies to innovate and adopt eco-friendly materials and practices. Fluctuating raw material prices, transportation costs, and competitive pricing pressures can impact profit margins and market competitiveness. Meeting stringent regulations regarding packaging materials, especially in international markets, can pose challenges and require continuous adaptation. Efficiently managing packaging logistics, including storage, transportation, and disposal/recycling, can be complex and costly.

Transit Packaging Market Opportunity

Growing Need For Transit Packaging By The Healthcare Sector

Pharmaceuticals, drugs, and medicines are packaged primarily in transit packing to prevent damage to the products. It helps with easy handling and effective storage, and it is also utilized to maintain the quality of pharmaceutical products. Additionally, product contamination is eliminated by the packing. Also, it offers an extra degree of security to maintain the pharmaceutical product secure within and protects the medication from outside influences like pollutants and temperature changes. This packaging product facilitates the process of product segregation and transportation by clearly displaying information about the products. Therefore, the pharmaceutical industry's increasing need for transit packaging fuels the market's expansion.

Transit Packaging Market Detailed Segment Insights

The Paper and Paperboard Segment Led the Market with Wide Use in the Food Industry

The paper & paperboard segment held the largest share of the transit packaging market in the year 2023. Due to its reputation for being environmentally friendly, paper and paperboard-based packaging is among the oldest and most widely used for food products, including beverages, dry powders, confections, milk and milk-based products, and bakery goods. The development process of paper incorporates a variety of hazardous chemicals, such as phthalates, surfactants, bleaching agents, printing inks, and hydrocarbons, which are then released into the water system during paper manufacture, food consumption, and recycling.

Recycling is seen to be the greatest way to restore environmental damage, however paper can only be recycled six or seven times, and the waste produced by the paper industry is very varied in both type and composition. There are numerous ways to dispose of paper, including pyrolysis, composting, landfilling, and incineration; however, process optimization becomes a barrier.

Transit Packaging Market Share, By Material, 2023 (%)

The purpose of this review article is to provide a comprehensive overview of the numerous health and environmental hazards associated with the use of paper and paper-based packaging materials in the food business, as well as to explore in detail the use of these materials for food applications. Focusing on the advantages offered by the paper & paperboard transit packaging, the key players operating in the market are focused on adopting inorganic growth strategies like acquisition for development of sustainable transit packaging which is estimated to drive the growth of the segment over the forecast period.

For instance,

  • In July 2024, Rengo Co., Ltd., folding paperboard box manufacturing company, signed acquisition agreement with the Shibata Cardboard Co., Ltd., a company focused on manufacturing corrugated box, to develop the sustainable transit packaging. The acquisition in between Rengo Co., Ltd., company and Shibata Cardboard Co., Ltd., company expanded the geographical presence in in eastern Aichi Prefecture, Japan and neighbouring areas by increasing the production rate to meet the rising demand.

The plastic segment is estimated to grow at fastest rate over the forecast period. Plastic packaging's strength and sealability prolong shelf life by preventing product deterioration. It has been demonstrated that plastics may effectively preserve food, offering advantages such as extended shelf life, reduced resource requirements, and simultaneous protection against UV rays, moisture, odors, etc. Plastics are the most versatile material there is, and they cannot be replaced. The most effective method to ensure the safety of the food in contact with them is to use plastic materials. Given their high level of regulation, plastics are the safest packaging material to employ.

For instance,

  • In January, 2024, IFCO SYSTEMS, a company that is focused on providing Reusable Packaging Containers (RPCs), revealed the launch of Dora, a reusable plastic pallet, in the European region. The IFCoPlastic Pallet improves efficiency and security in vital areas related to handling and transportation. Pallets made of Dora are more than 25% tighter than conventional pallets, which significantly lowers transportation expenses. The new IFCO plastic pallet has anti-slip surfaces and is ease to handle as well as provide safety during transportation.

With Precise Structure and Support, the Rigid Segment Led the Market

The rigid segment has shown the significant growth over the forecast period. Since rigid packaging offers superior protection for the products it contains through its structure and support, it is the most popular packaging type and is predicted to grow significantly in the years to come. Manufacturers heavily rely on rigid packaging products because they are highly impact-resistant and make handling bulk products and shipping fragile goods possible. The second dominant segment is protective packaging, which offers cushioning and product protection and is also expected to grow significantly. Focusing on the advantages and comfort offered by the key players operating in the market launched new rigid packaging in the market, which is estimated to drive the growth of the segment over the forecast period.

For instance,

  • In January 2024, Sealed Air company, a company focused on developing packaging solutions revealed the launch of the CRYOVAC brand compostable rigid overwrap tray. The CRYOVAC brand tray is made up of biobased material which is industrially compostable rigid tray for protein packaging.

The flexible segment is expected to grow at fastest rate over the forecast period. Flexible packaging one of the packaging industry's fastest-growing segments, enhances the value and marketability of both food and non-food products by fusing the best aspects of paper, film, plastic, and aluminium foil to provide a wide range of protective properties with the least amount of material. The industry is still developing at a never-before-seen pace. Lighter weight packaging has been developed as a result of technological innovation and developments, improving the shelf appeal, strength, product protection, and sealing capabilities of flexible packaging.

For instance,

  • In February 2024, Aptar CSP Technologies, a company focused on developing highly engineered solutions signed collaboration with ProAmpac LLC, a company providing flexible packaging solution, to develop and introduce ProActive intelligence moisture protect (MP-1000) flexible packaging solution. The collaboration assisted in developing a moisture adsorbing flexible packaging solution by combining Aptar CSP company’s proprietary 3-Phase Activ-Polymer technology with ProAmpac’s flexible blown film technology.

Product Type

The boxes & cartons segment dominated the market and accounted large revenue share in 2023. The leading segment, boxes and cartons, is predicted to increase quickly throughout the forecast period. The boxes and cartons provide a steady cushion for the goods, ensuring their safety throughout handling, shipment, and travel. Due to their ability to endure the rigors of many transportation operations, modify, and offer comprehensive product protection, they are in high demand from key sectors like food and beverage, automotive, healthcare, and others, which further propels the segment's expansion. The key market players are focused to launch new box manufacturing plant to meet the rising demand of the rising of the box and cartons for shipping purpose, which is estimated to drive the growth of the segment over the forecast period.

For instance,

  • In July 2024, Packaging Corporation of America (PCA), packaging solutions manufacturing company, revealed the introduction of the new manufacturing plant for boxes in Phoenix area, U.S.

The pallet segment is estimated to grow at fastest rate over the forecast period. Pallets play a critical role in contemporary logistics. Additionally, a wide variety of pallet types are available on the market, including multi-layer, hardwood, bamboo, plastic, steel, paper, presswood, and so on. Pallets offer significant protection to consumer goods and guarantee that they are secured in one place. The key players operating in the market are focused on developing and introducing the most advance technology for monitoring pallet to ensure safety which is estimated to drive the growth of the segment over the forecast period.

For instance,

  • In March 2024, Vimaan, a company providing computer vision and artificial intelligence solutions, revealed the launch of the all-new PalletSCAN 360, a computer vison and machine learning platform that enhances the quality and speed of incoming and outgoing pallet scans.

Moreover, the key players operating in the market are focused on launching the new manufacturing for pallet to meet the rising demand of the transit packaging, which is estimated to drive the growth of the segment over the forecast period.

For instance,

  • In May 2024, KraftPal, pallet manufacturing company, revealed the groundbreaking initiation of the new mega factory in Saudi Arabia, Middle east. The Mega factory is current in final stage and getting ready for inauguration. Featuring an extraordinary capacity to create up to 10 million pallets yearly, this factory will be the first mega-plant in the world dedicated to the production of corrugated pallets. With this massive factory, the GCC area will be able to meet its increasing demand for sustainable and creative pallet solutions.

The Food & Beverages Segment Led the Market with the Largest Share in 2023

The food & beverages segment dominated the market in 2023. In current scenario due to the busy lifestyle and rapid urbanization the public is highly dependent on ordering food online which has risen the demand for the carton and paper-based box transit packaging for food delivery. Food safety rules must be followed, freshness must be maintained, and products including food and beverages must be packaged with the utmost care. Food packaging cannot function without corrugated boxes because they provide exceptional protection for perishable items throughout storage, transit, and display.

Corrugated boxes play a crucial role in the marketing and sales strategies of food and beverage firms, as they are extensively utilized in retail environments for both primary and secondary packaging of commodities. The quick-service restaurant business is expected to have significant global expansion over the projected period. Expanding workforce numbers and changing customer tastes are the two primary drivers of sector growth. Not for shopping, but for the meals, more than one-third of patrons attend malls. Quick-service restaurants typically use throwaway paper cups for both hot and cold beverages.

Because of this, there is a rapid global increase in the demand for cups. Major fast-food companies, including McDonald's, KFC, Domino, Starbucks, and Pizza Hut, have opened new sites worldwide in response to the huge demand for prepared food and quick meals. The key players operating in the market are focused on launching new sustainable products for packaging food, which is estimated to drive the segment growth over the forecast period.

For instance,

  • In June 2024, Saica, a company providing packaging solution, signed collaboration with Mondelez, Chocolate factory, to design and develop a new paper-based product especially targeted to multipacks-products for the chocolate, biscuits and confectionery markets.

The healthcare segment is expected to grow at fastest rate and found to be the second dominating segment over the forecast period. Increasing launch of the new drugs and medical devices is estimated to drive the growth of the segment over the forecast period. The key players operating in the market are focused to launch the safest mailer transit packaging technology for the development of packaging solution of the medical device product as well as medicinal drugs, which is estimated to drive the segment over the forecast period.

For instance,

  • In March 2024, 3M, multinational conglomerate company, revealed the introduction of the 3M Padded Automatable Curbside Recyclable (PACR) mailer material. The newly introduced 3M Padded Automatable Curbside Recyclable (PACR) mailer material has capacity of developing and producing packages up to three times faster than manual packing when paired with certified and authorized automated packaging machines.

Regional Insights

Transit Packaging Market NA, EU, APAC, LA, MEA Share

North America witnessed the largest market share in transit packaging market by 34.25% in 2023. North America is one of the largest markets globally for consumer goods and industrial products. The high consumption levels drive demand for transit packaging across various sectors including food and beverages, pharmaceuticals, electronics, and automotive industries. The region boasts a well-developed logistics and transportation infrastructure, including extensive networks of highways, railways, and ports. Efficient transit packaging is crucial to ensure goods are transported safely and securely across these networks. There is a growing awareness and emphasis on sustainable packaging practices in North America. This has led to increased demand for eco-friendly transit packaging solutions that reduce environmental impact.

North America Transit Packaging Market Revenue 2023 - 2033

The North America region is at the forefront of technological advancements in packaging materials and manufacturing processes. Innovations such as lightweight materials, sustainable packaging options, and smart packaging technologies are driving growth in the transit packaging market. The rapid growth of e-commerce in North America has significantly boosted demand for transit packaging solutions. With more goods being shipped directly to consumers, there is a need for efficient and protective packaging to ensure products arrive intact. Overall, these factors collectively contribute to North America's dominance in the transit packaging market, driving innovation and growth in the industry. Moreover, the key players operating in the market are focused on developing and introducing sustainable and environment friendly packaging solution in North America, which is estimated to drive the growth of the transit packaging market in North America over the forecast period.

For instance,

  • April 2024, Ranpak Holdings Corp., a company providing packaging solutions, revealed the launch of the paper-based products, namely naturemailer padded mailers and climaliner Plus, two eco-friendly packaging solutions in North America.

Asia Pacific is estimated to be the fastest growing region over the forecast period. With the surge in online shopping and e-commerce platforms in Asia Pacific, there is a higher demand for robust transit packaging to ensure products are shipped safely and securely over longer distances. There is a growing emphasis on optimizing supply chains in Asia Pacific to reduce costs and enhance efficiency. Transit packaging plays a crucial role in ensuring smooth logistics operations and minimizing product damage during transit.

Many countries in Asia Pacific are undergoing rapid urbanization and infrastructural development. This necessitates efficient transit packaging solutions to transport goods across cities and regions. There is an increasing awareness and regulatory pressure regarding sustainable packaging practices. Companies are adopting eco-friendly transit packaging solutions to reduce their carbon footprint and comply with environmental regulations. Innovations in materials and manufacturing processes are enabling the development of lighter, more durable, and cost-effective transit packaging solutions. This encourages adoption across various industries in the region. Consumers in Asia Pacific are becoming more demanding in terms of product quality and delivery speed. Effective transit packaging helps businesses meet these expectations by ensuring products reach customers intact and on time.

Consumers in Asia Pacific are becoming more demanding in terms of product quality and delivery speed. Effective transit packaging helps businesses meet these expectations by ensuring products reach customers intact and on time. Increasing launch of the new flexible packaging solution for the packaging of the food is expected to drive the growth of the transit packaging market in the Asia Pacific region.

For instance,

  • In January 2024, Mars Foods (China) Co., Ltd., a company focused on developing and manufacturing new petcare products, chocolate and snack, revealed the introduction of the flexible packaging for its snickers bar. The company launched Snickers bar featuring dark chocolate cereal in mono-material flexible packaging.

Europe region is estimated to have a notable rate of growth in the transit packaging market. Efficient transit packaging helps optimize supply chain logistics by reducing transportation costs, minimizing damage to goods during transit, and improving overall operational efficiency. This is particularly crucial in a competitive market where timely delivery and cost-effectiveness are key. Innovations in packaging materials and designs, such as lightweight yet durable materials and smart packaging solutions (e.g., IoT-enabled tracking), are further driving the growth of transit packaging in Europe. Overall, the combination of these factors is contributing to the rapid growth of transit packaging in Europe, making it a dynamic and evolving sector within the packaging industry. There's a growing emphasis on sustainable packaging solutions. Many companies are shifting towards recyclable, reusable, or biodegradable transit packaging materials to reduce environmental impact, driven by both consumer demand and regulatory pressures.

For instance,

  • In July 2024, Versalis company, a wholly owned subsidiary of Italian oil supermajor signed collaboration agreement with the Forever Plast, plastic fabrication company based in Italy, to develop a range of recycled polymers for food contact packaging.

Transit Packaging Market Recent Developments

  • In March 2024, Prime Robotics, automation solution providing company, revealed the introduction of the Advanced Pallet Station (APS) to accelerate picking from single-SKU pallets to develop multi-SKU pallets.
  • In June 2024, Sonoco Products Company, sustainable packaging solution company, signed acquisition with the Eviosys, cans and enclosure manufacturing company for US$ 3.9 billion.
  • In May 2024, UPM Raflatac, paper-based packaging solutions providing company, revealed the introduction of the innovative new wave paper label material. The newly launched label material is compatible for rigid polypropylene (PP) containers and High-Density Polyethylene (HDPE).

Transit Packaging Market Key Companies

  • Mondi
  • WestRock Company
  • International Paper
  • Nefab AB
  • Smurfit Kappa
  • ProAmpac
  • Sealed Air
  • Stora Enso Oyj
  • DS Smith
  • Greif, Inc.
  • Sonoco Products Company
  • Rengo Co. Ltd.
  • Mauser Packaging Solutions
  • Schütz GmbH & Co. KGaA
  • Time Technoplast Ltd.

Transit Packaging Market Segments

By Material

  • Metal
  • Paper & Paperboard
  • Plastic
  • Wood

By Packaging Type

  • Rigid
  • Flexible
  • Protective

By Product Type

  • Trays & Crates
  • Pallets
  • Intermediate Bulk Containers
  • Boxes & Cartons
  • Barrels & Drums
  • Inserts & Dividers
  • Others

By End Use

  • Food & Beverages
  • Automotive
  • Industrial
  • E-commerce
  • Chemicals
  • Electricals & Electronics
  • Healthcare
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Insight Code: 5223
  • No. of Pages: 150
  • Format: PDF/PPT/Excel
  • Published: August 2024
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Asmita Singh is a distinguished author and consultant in the packaging industry, recognized for her unwavering passion for knowledge discovery and her commitment to providing actionable insights. She holds an MBA from the University of Mumbai and a degree in Packaging Engineering from the Indian Institute of Packaging (IIP), equipping her with a solid foundation in both business and technical aspects of packaging. With extensive experience in packaging consulting, Asmita has successfully implemented advanced research methodologies across various packaging categories, including flexible packaging, rigid packaging, sustainable packaging, and smart packaging. She generates high-quality data and delivers meaningful results that drive innovation and efficiency. Her expertise spans the globe, offering valuable consulting services to businesses seeking to enhance their packaging strategies. Asmitas work is characterized by a dedication to excellence and a keen understanding of the latest trends and technologies shaping the future of packaging.

FAQ's

The global transit packaging market size is projected to hit around US$ 454.48 billion by 2033

6.99% is the growth rate of the transit packaging industry.

Mondi, WestRock Company, International Paper, Nefab AB, Smurfit Kappa, ProAmpac, Sealed Air, Stora Enso Oyj, DS Smith, Greif, Inc., Sonoco Products Company, Rengo Co. Ltd., Mauser Packaging Solutions, Schütz GmbH & Co. KGaA, Time Technoplast Ltd. are the prominent players operating in the transit packaging market.

North America region leads the global transit packaging market.