The Wood Packaging Global Market Report 2023, provides comprehensive information on the wood packaging market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global wood packaging market size is expected to grow from $11.27 billion in 2022 to $11.84 billion in 2023 at a compound annual growth rate (CAGR) of 5.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global wood packaging market is expected to grow to $14.36 billion in 2027 at a CAGR of 5.0%.
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Technological advancement is a key trend in the wood packaging market. Major companies operating in the wood packaging market are advancing in their new technologies and research and developments in the wood packaging market. For instance, in January 2022, Pujolasos, a Spain-based wood packaging company, launched Woorigin. This new patented mono-material innovation offers unique features, including a mono-material wooden cap, free of glues and plastics and 100% PEFC or FSC wood certification. It is based on click technology that further enhances the user experience.
The wood packaging market is segmented:
1) By Type: Pallets, Boxes And Bins, Crates And Cases, Spools, Dunnage
2) By Material: Hardwood, Softwood, Plywood
3) By Application: Food And Beverages Storage, Transportation, Industrial, Shipping, Other Applications
North America was the largest region in the wood packaging market in 2022.
The table of contents in TBRC’s wood packaging market report includes:
- Executive Summary
- Wood Packaging Market Characteristics
- Wood Packaging Market Trends And Strategies
- Wood Packaging Market – Macro Economic Scenario
- Wood Packaging Market Size And Growth
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- Africa Wood Packaging Market
- Wood Packaging Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Wood Packaging Market
- Wood Packaging Market Future Outlook and Potential Analysis
- Appendix
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