A new report titled "Global Automotive Parts Packaging Market - Size is Projected to be around US$ 10,000 Million by 2027" has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Automotive Parts Packaging market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Automotive Parts Packaging across the globe.
The global automotive parts packaging market was valued at US$ 7,143.4 Mn in 2019 and is expected to be valued at over US$ 10,000 Mn by 2027 end. The market is expected to expand at a CAGR of 4.0% in terms of market value during the forecast period 2019-2027. In terms of volume, the market is anticipated to witness 1.5X expansion over the assessment period. Primarily driven by the increasing involvement of electrical and electronic equipment in the automobiles, the global market is observed to generate decent revenues. The global automotive parts packaging market is segmented geographically into five key regions including North America, Latin America, Europe, Asia Pacific and MEA.
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To compute the market size, in-depth secondary research is done. Data points such as regional splits and market split by system type has been assimilated to arrive at appropriate market estimates. The report comprises the forecast of the global revenue generated by the business in automotive parts packaging market. Market numbers have been estimated based on extensive secondary and primary research, average pricing of automotive parts packaging by product type and the revenue is derived through regional pricing trends. Market size and forecast for each segment have been provided in the context of global and regional markets.
The automotive parts packaging market has been analyzed based on expected demand. Prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous regional automotive parts packaging manufacturers, suppliers, and distributors. All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Country demand patterns have been considered while estimating the market for various end users of automotive parts packaging in the different regions. Bottom-up approach has been used to estimate the automotive parts packaging market by regions.
Global market numbers by product type, by packaging type and by component type have been derived using the bottom-up approach, which is cumulative of each country’s demand. The same has also been validated from top-down approach. Company-level market share has been derived on the basis of revenues reported by key manufacturers. The market has been forecast based on constant currency rates. TMR triangulates the data via different analysis based on supply side, demand side as well as the dynamics of Automotive Parts Packaging market. TMR not only conducts forecasts in terms of value, but also evaluates the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers to recognize the future opportunities as well predictability of the market.
In order to understand and assess opportunities in this market, the report is categorically divided into three key sections on the basis of system type, operation and region. The report analyses the global Automotive Parts Packaging market in terms of value (US$ Mn) and volume (Tonnes).
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By Product Type
Pallets
Crates
Bulk Containers & Cases
Bags & Pouches
Folding Carton
Corrugated Products
Trays
Protective Packaging
By Packaging Type
Reusable
Disposable
By Component Type
Battery
Cooling System
Underbody Components
Automotive Filter
Engine Components
Lighting Components
Electrical Components
By Region
North America
Europe
Latin America
Asia-Pacific
MEA
A vital feature of this report is the analysis of the automotive parts packaging market by region, product type, packaging type and component type; and the corresponding revenue forecast in terms of incremental dollar opportunity. This is traditionally overlooked while forecasting the market. However, incremental dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to identify potential resources from sales perspective of the global Automotive Parts Packaging market. To understand key segments in terms of their growth and performance in the automotive parts packaging market, Transparency Market Research has developed a market attractiveness index. The resulting index should help providers identify existing market opportunities in the global automotive parts packaging market.
In the final section of the report, automotive parts packaging market competitive landscape is included to provide a dashboard view of companies that manufacture automotive parts packaging. The report contains company profiles of some of the players in the global automotive parts packaging market. Some of the players operating in the global automotive parts packaging market include Sealed Air Corporation, Mondi Group Plc, DS Smith Plc, Sonoco Products Company, Smurfit Kappa Group, Deufol SE, Encase Ltd., The Nefab Group, Primex Design & Fabrication Corporation, Sunbelt Paper & Packaging Inc., Loscam Australia Pty Ltd., CMTP Packaging Pty Ltd, JIT Packaging Inc., Pratt Industries, Inc., Signode India Ltd., Pacific Packaging Products, Inc., Monoflo International, Inc., Victory Packaging L.P., Knauf Industries and Schoeller Allibert Services B.V.
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