The primary element fueling the growth of the global suspension packaging market is the damage-free transportation provided by suspension packing goods. Manufacturers incur significant losses as a result of damage that occurs during transportation across intricate supply chains. Therefore, manufacturers are making significant investments in protective packaging options to reduce product damage during shipping and transportation.
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Manufacturers of packaging offer suspension packaging options that also let customers see the product, supporting marketing goals in the case of consumer goods. In the case of consumer goods, suspension packaging guarantees that the product has been transported in an environment free of damage.
The supply of bespoke packaging designs largely defines the global market for suspension packaging. Customized corrugated box and suspension technology designs have become a major market force in the development of the worldwide suspension packaging industry.
To meet the various packaging needs of end users, packaging producers or converters active in the global suspension packaging market offer a wide range of products.
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Global Suspension Packaging Market – Regional Outlook:
The global suspension packaging market is segmented into 7 key regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific Excluding Japan (APEJ) and Japan.
Global Magnifier labels Market – Competitive Landscape:
Some of the players operating in the global suspension packaging include BSM Packaging Supplies Limited, Dynasafe, Tenxionpak, Castle Industrial Limited, Macfarlane Group UK Ltd, GXT Green, Inc., and Sealed Air Corporation.
In December 2015, multinational packaging company Sealed Air Corporation launched its range of suspension packaging products branded as ‘Korrvu’ under its bespoke corrugated packaging business segment. Sealed Air Corporation offers approximately 30 variations under the suspension packaging segments. Korrvu suspension packaging solution from Sealed Air Corporation offers effective protection in cost effective way.
Suspension packaging has emerged as an alternative solution for conventional protective packaging formats such as polystyrene foams, corrugated inserts, thermoformed inserts, molded fiber pulp protective packaging and bubble wrap. Simple design and minimal material requirement used in suspension packaging have allowed manufacturers to bring down the overall cost of suspension packaging products, thus offering a better business value to their customers.
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