Research Expert: Sarah Overall
  • Published: Feb 2025
  • Pages: 150
  • SKU: IRTNTR73865

  • Automotive Parts Packaging Market: Growth Forecast and Trends 2024-2028

    The automotive parts packaging market is projected to grow by USD 1.85 billion between 2024 and 2028, with a CAGR of 4.5%. The demand for protective packaging is a key driver, ensuring the safe transit and storage of mechanical systems, electronic assemblies, and spare parts. Advances in automotive technology, rising demand in aftermarket services, and the growth of e-commerce platforms are influencing market trends.

    Global automotive parts packaging market 2024-2028

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    Market Segmentation

    By Product

    Folding Carton

    The folding carton segment is expected to witness significant growth due to its cost-effectiveness, flexibility, and availability in multiple sizes. These cartons are primarily manufactured from paperboard and are widely used for OEM and aftermarket automotive components.

    Corrugated Box

    Corrugated boxes provide strong structural support and cushioning, making them ideal for engine components, cooling systems, and other heavy automotive parts.

    Others

    Other packaging solutions include plastic containers, metal crates, trays, and reusable pallets, offering durability and reusability for automotive logistics.

    Market Dynamics

    Drivers

    Growing Need for Protective Packaging

    The need to safeguard engine components, cooling systems, and other automotive parts during transit is fueling demand for protective solutions like:

    • Molded pulp packaging (customizable and eco-friendly)
    • Corrugated packaging, plastic trays, pallets, and containers (offering vibration resistance and impact protection)

    Rising Demand in E-commerce and Aftermarket Services

    With increasing online purchases of automotive parts, manufacturers require customized packaging to ensure safe deliveries and efficient returns or repairs.

    Trends

    Customization and Personalization in Packaging

    Manufacturers are focusing on tailor-made packaging solutions that optimize:

    • Space utilization
    • Branding and marketing
    • Sustainability through returnable packaging

    Rise of Multi-Material Packaging

    Innovations like induction heat sealants and multi-layered packaging are improving durability and cost efficiency in automotive parts logistics.

    Challenges

    Volatility in Raw Material Prices

    The market faces fluctuations in wood pulp and paperboard costs, increasing packaging production expenses. This is leading to a shift toward:

    • Returnable packaging solutions (plastic pallets, metal crates)
    • Sustainable alternatives (biodegradable and recyclable materials)

    Supply Chain Disruptions

    Factors such as natural disasters and geopolitical conflicts affect the availability and pricing of packaging materials, impacting manufacturers' costs and supply chain stability.

    Regional Market Trends

    North America

    • U.S.

    • Canada

    South America

    • Chile

    • Brazil

    • Argentina

    Europe

    • U.K.

    • Germany

    • France

    • Rest of Europe

    APAC

    • China

    • India

    Middle East & Africa

    • Saudi Arabia

    • South Africa

    • Rest of the Middle East & Africa

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    Key Players

    • Cascades Inc.
    • Deufol SE
    • DS Smith Plc
    • EZ Custom Boxes
    • GWP Group Ltd.
    • IPS Packaging and Automation
    • JIT Packaging Inc.
    • Mondi Plc
    • Nefab AB
    • Pacific Packaging Products Inc.
    • Packaging Corp. of America
    • Packman Industries
    • Pratt Industries Inc.
    • Sealed Air Corp.
    • Signode India Ltd.
    • Smurfit Kappa Group
    • Sonoco Products Co.
    • Sunbelt Paper and Packaging
    • THIMM Group GmbH plus Co. KG
    • Victory Packaging LP

    Recent Market Developments

    • November 2024 – Twinplast expanded into the automotive sector with custom polypropylene-based packaging for vehicle components, offering a reusable and eco-friendly solution.
    • October 2024 – One World Products introduced hemp-based molded containers for Flex-N-Gate, providing a sustainable alternative in automotive packaging.
    • October 2023 – DS Smith opened a new packaging R&D center in Birmingham, UK, focusing on sustainable innovations and packaging waste reduction.
    • November 2024 – Michelin and Schaeffler announced factory closures and job cuts across Europe, citing challenges from the EV transition and rising competition.
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