global white goods packaging market
Consumer Goods

Navigating the White Goods Packaging Market: Key Success Factors for 2023 and Beyond

According to a research report published by Spherical Insights & Consulting, the Global White Goods Packaging Market Size is Expected to Grow from USD 15.2 Billion in 2023 to USD 23.9 Billion by 2033, Growing at a CAGR of 4.63% during the forecast period 2023-2033.

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“White goods packaging” refers to the materials and methods used to package big household appliances such as ovens, dishwashers, washers, and refrigerators. White goods sales through online platforms are increasing due to the younger generation’s greater use of electrical equipment and devices. Additionally, rising income levels have given customers more purchasing power, particularly in emerging countries, which has increased demand for white goods. The introduction of smarter, easier-to-use, and more energy-efficient appliances, which are the result of continuous technological improvements in the white goods industry, is another factor driving consumer demand for white goods in the market. Consequently, an increasing demand for safe and secure white goods packaging is rising. The growing online sales of electronic gadgets brought about by the wider use of e-commerce worldwide are anticipated to propel the expansion of the white goods packaging industry. However, the factors of inflation the rising costs of materials like foam, plastic, and corrugated cardboard, driven by inflationary pressures, can directly limit the cost of making packaging for white products.

Browse key industry insights spread across 230 pages with 90 Market data tables and figures & charts from the report on the Global White Goods Packaging Market Size, Share, and COVID-19 Impact Analysis, By Type (Plastic and Paper & Paperboard), By Packaging Format (Air Bags, Foam Sheets, Corrugated Boxes, Rigid Plastic Containers, Shrink Films, and Others), By Application (Refrigerators, Washing Machines, Air Conditioners, Microwave Ovens, Dishwashers, Vacuum Cleaners, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The plastic segment is estimated to hold the largest market revenue share through the projected period.

Based on the type, the white goods packaging market is classified into plastic and paper & paperboard. Among these, the plastic segment is estimated to hold the largest market revenue share through the projected period. Plastic wrapping is the best way to protect white goods, such as electronics and appliances, from dust, moisture, and physical damage during storage and transportation.

The corrugated boxes segment is estimated to hold the largest market share through the projected period.

Based on the packaging format, the white goods packaging market is divided into airbags, foam sheets, corrugated boxes, rigid plastic containers, shrink films, and others. Among these, the corrugated boxes segment is estimated to hold the largest market share through the projected period. Corrugated boxes are available in a range of sizes and forms, including specially designed solutions to meet particular requirements. This ensures excellent product protection and effective use of available space.

The refrigerators segment is anticipated to hold the largest market share through the forecast period.

Based on the application, the white goods packaging market is categorized into refrigerators, washing machines, air conditioners, microwave ovens, dishwashers, vacuum cleaners, and others. Among these, the refrigerators segment is anticipated to hold the largest market share through the forecast period. Refrigerators are large, intricate devices that must be carefully packaged to ensure protection while in transit. This intricacy increases the demand for specialized packaging solutions, which expands the market.

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North America is estimated to hold the largest share of the white goods packaging market over the forecast period.

North America is estimated to hold the largest share of the white goods packaging market over the forecast period. Growing environmental consciousness is driving demand for recyclable and eco-friendly packaging materials. The growth of home and kitchen appliances as well as internationally running businesses in the area have caused a shift in the North American market for refrigerators and air conditioners. Demand for new and creative white appliances is anticipated to rise as a result of the growing use of energy-efficient white appliances brought on by a declining rate of energy consumption. The rising need for energy-efficient appliances in the US is driving the market for washing machines in North America. The growth in the United States is facilitated by growing consumer knowledge of ENERGY STAR-certified products.

Asia Pacific is predicted to have the highest CAGR growth in the white goods packaging market over the forecast period. The increased use of white goods packaging in the Asia Pacific area has created a need for more reliable and efficient solutions. The Asia-Pacific white goods market is growing as a result of rising urbanization and high living standards, especially in developing countries like China and India. Two of the most important factors favorably influencing the product market are rising discretionary income and home improvement spending. Throughout the forecast period, the demand for white goods will rise as Indians replace their antiquated home appliances with more modern and sophisticated versions.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the white goods packaging market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Major key players in the white goods packaging market include Smurfit Kappa Plc, Sealed Air Corporation, Orlando Products Inc., UFP Technologies, Inc., and AMETEK.Inc., DS Smith Plc, Desco Industries Inc., Summit Packaging Solutions, Delphon Industries, LLC, Protective Packaging Corporation, GWP Group Limited, FEURER Group GmbH, Empire Packages (P) Ltd., Parksons Packaging Ltd., and Others

Recent Developments

  • In June 2024, Innventure LLC, an enterprise growth engine, announced that AeroFlexx, the flexible packaging company launched by Innventure, secured a new collaboration with European manufacturing company Chemipack.

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the white goods packaging market based on the below-mentioned segments:

Global White Goods Packaging Market, By Type

  • Plastic
  • Paper & Paperboard

Global White Goods Packaging Market, By Packaging Format

  • Air Bags
  • Foam Sheets
  • Corrugated Boxes
  • Rigid Plastic Containers
  • Shrink Films
  • Others

Global White Goods Packaging Market, By Application

  • Refrigerators
  • Washing Machines
  • Air Conditioners
  • Microwave Ovens
  • Dishwashers
  • Vacuum Cleaners
  • Others

Global White Goods Packaging Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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