Connect with us

Technology

Mailer Packaging Market Size to Hit $89.15 billion by 2031, growing at a CAGR of 19.9%, says Coherent Market Insights

Published

on

BURLINGAME, Calif., July 9, 2024 /PRNewswire/ — The global Mailer Packaging Market is estimated to be valued at US$ 20.92 Bn in 2023 and is expected to exhibit a CAGR of 19.9% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Growing environmental concerns and sustainability initiatives, packaging manufacturers and producers have started focusing more on developing eco-friendly mailer packaging materials. Materials like recycled paper, recycled plastic, compostable plastics are being increasingly utilized for manufacturing mailers. Sustainable packaging made from renewable and recycled content helps companies meet their sustainability goals and appeal to the eco-conscious consumers.

Request Sample Report: https://www.coherentmarketinsights.com/insight/request-sample/6569

Market Dynamics:

The growth of the mailer packaging market is being propelled by the increasing e-commerce sales and rising demand for convenient packaging from end-use industries. E-commerce sales have surged significantly over the past few years owing to the growing preference for online shopping among consumers. According to the U.S. Department of Commerce, e-commerce sales in the U.S. reached US$ 829.47 billion in 2021, representing a 14.2% increase from 2020. Mailer packaging provides safe, convenient, and sustainable packaging for various goods sold online. Additionally, mailer packaging offers various advantages such as affordability, ease of transportation, prevention of product damage, and reusability which is boosting its demand from industries such as electronics, food & beverages, cosmetics, pharmaceuticals, and others.

Mailer Packaging Market Report Coverage

Report Coverage

Details

Market Revenue in 2024

$20.92 billion

Estimated Value by 2031

$89.15 billion

Growth Rate

Poised to grow at a CAGR of 19.9%

Historical Data

2019–2023

Forecast Period

2024–2031

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Type, By Material Type, By End User, By Insulation

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Growth Drivers

 

 Evolving E-Commerce Landscape Sustainability Initiatives

Restraints & Challenges

 

 Stringent government regulations on packaging materials High capital investment requirements

Market Trends:

Among the various types of mailer packaging, Kraft mailers are gaining rising popularity in the market. Kraft mailers are durable, biodegradable, and 100% recyclable. They provide excellent protection for goods during transportation and warehousing. Kraft mailers are available in various sizes and shapes to cater to products of different sizes. Customized Kraft mailers decorated with company logos are also gaining traction. Recently, compostable mailers made from plant-based materials have also emerged as a sustainable packaging trend. Further, innovations in mailing materials such as antimicrobial coatings are being increasingly incorporated by market players to provide extra protection against microbes. Advances in printing and material technologies are further expected to create new opportunities for players in the mailer packaging market over the forecast period.

Immediate Delivery Available | Buy This Premium Research Report:
https://www.coherentmarketinsights.com/insight/buy-now/6569 

Market Opportunities:

Cushioned mailers account for around 60% of the total mailer packaging market share. They offer protection from impact and shock during transit. Growing e-commerce and shipping activities have fueled demand for cushioned mailers to safely package and transport fragile items like electronics, medical equipment, glassware etc. The cushioned mailers segment is expected to grow at a CAGR of 21.5% during the forecast period.

While cushioned mailers are preferred for fragile items, non-cushioned mailers are suitable for packaging books, apparel, food items and other non-fragile products. They are more affordable compared to cushioned variants. Increase in small parcel and last mile deliveries have supported growth of the non-cushioned mailers segment which is projected to reach a market size of $8.52 billion by 2031.

Key Market Takeaways:

The global mailer packaging market size was valued at US$ 20.92 billion in 2023. The market is anticipated to witness a CAGR of 19.9% during the forecast period 2024-2031, owing to robust growth in e-commerce and shipping activities globally.

On the basis of type, the cushioned mailers segment is expected to hold a dominant position, accounting for over 60% of the market share owing to their importance in safe packaging of fragile items during transport or shipping.

On the basis of material type, the plastic segment currently dominates the market and is projected to grow at a CAGR of 21.7% due to properties like durability, flexibility and moisture resistance.

The e-commerce end user segment holds the largest share of over 45% of the global mailer packaging market due to rising online shopping and need for effective packaging solutions.

By insulation, the insulated mailers segment holds majority share and is anticipated to surpass a market valuation of $15 billion by 2031 on account of abilities to keep products fresh or undamaged during shipping.

Regionally, North America currently dominates the global mailer packaging market with a share of over 35%, owing to strong presence of e-commerce companies and logistics infrastructure in the region.

Some of the leading players operating in the mailer packaging market include Amcor, Crown Holdings, Oji Holdings, West Rock, American Packaging Corporation, International Paper and others. Key players are focusing on capacity expansions and new product development to tap growing market opportunities.

Request For Customization: https://www.coherentmarketinsights.com/insight/request-customization/6569

Recent Developments:

In September 2022, Mondi, expressed that the company would present a range of sustainable solutions for mailer packaging at the FASHPACK event.

In February 2022, Pregis EverTec mailer received an independent certification of recyclability. EverTec is a lightweight and cushioned paper mailers.

Market Segmentation:

By Product:

Cushioned MailersNon-cushioned Mailers

By Insulation:

InsulatedNon-insulated

By Material:

PlasticPaperFoil

By End-Use:

E-commerceShipping & LogisticsManufacturing & Warehousing

By Region:

North America:

U.S.Canada

Latin America:

BrazilArgentinaMexicoRest of Latin America

Europe:

GermanyU.K.SpainFranceItalyRussiaRest of Europe

Asia Pacific:

ChinaIndiaJapanAustraliaSouth KoreaASEANRest of Asia Pacific

Middle East:

GCC CountriesIsraelRest of Middle East

Africa:

South AfricaNorth AfricaCentral Africa

Browse More Trending Reports:

Disappearing Packaging Market: The Disappearing Packaging Market is estimated to be valued at USD 4.26 Bn in 2024 and is expected to reach USD 8.96 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.

Hexagonal Packaging Market: The hexagonal packaging market is estimated to be valued at USD 15.99 Bn in 2024 and is expected to reach USD 24.85 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

Personalized Packaging Market: The personalized packaging market is estimated to be valued at USD 36.23 Bn in 2024 and is expected to reach USD 51.32 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031.

Retort Packaging Market: The retort packaging market size is expected to reach US$ 64.76 Bn by 2030, from US$ 35.43 Bn in 2023, at a CAGR of 9% during the forecast period.

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact Us:
Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights
Phone: 
US: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +81-050-5539-1737
India: +91-848-285-0837
Email: sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com
Follow Us: LinkedIn | Twitter

Photo: https://mma.prnewswire.com/media/2457093/Mailer_Packaging_Market_Report.jpg
Logo: https://mma.prnewswire.com/media/902389/Coherent_Market_Insights_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/mailer-packaging-market-size-to-hit-89-15-billion-by-2031–growing-at-a-cagr-of-19-9-says-coherent-market-insights-302192167.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Siemon Announces Optical Patching Solutions for GenAI Networks Using NVIDIA Accelerated Computing

Published

on

By

Siemon announces it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks.

WATERTOWN, Conn., Sept. 22, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, today announced it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks. Large complex GPU clusters can benefit from using structured cabling patch panels versus point-to-point cabling. Siemon acts as a trusted advisor to customers by providing expert advice and best practice recommendations for design & deployment of NVIDIA AI Infrastructure.

“Siemon is very familiar with NVIDIA reference architectures and has worked with many customers to design and deploy NVIDIA clusters… Siemon offers a full range of AI-ready fiber cabling, DAC, and AOC solutions that support 400G, 800G, and 1.6T applications.”

As part of the solution integration, Siemon has joined the NVIDIA Partner Network (NPN) as a Solution Advisor Consultant. NPN Solution Advisor Consultants provide consultation services and expert advice to customers looking to implement NVIDIA-based solutions or technologies. Siemon joins the network to offer its expertise in addressing the unique infrastructure and cabling challenges presented by accelerated computing.

NVIDIA optical reach specifications are calculated assuming two optical patch panels are used in the link and assuming each employ two optical connectors, which makes for a total allowance of four optical connectors in the link. The Siemon optical patching solutions meet NVIDIA requirements and provide customers with flexibility and ease of management.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-announces-optical-patching-solutions-for-genai-networks-using-nvidia-accelerated-computing-302254640.html

SOURCE Siemon

Continue Reading

Technology

AMSimpkins & Associates Awarded Wisconsin Technical Purchasing Consortium Contract RFB 25-002TP – for Identity Verification Solutions

Published

on

By

AMSimpkins & Associates has been awarded the Wisconsin Technical Colleges Purchasing Consortium (WTC-PC) contract for Identity Verification Solutions. This partnership includes providing their advanced S.A.F.E. (Student Application Fraudulent Examination) platform to 16 Wisconsin technical colleges, enhancing security and safeguarding against fraudulent student applications. With a focus on higher education, AMSA aims to support these institutions in maintaining the integrity of their admissions processes and preventing identity fraud. This collaboration underscores AMSA’s commitment to delivering innovative solutions tailored for the education sector.

ATLANTA, Sept. 22, 2024 /PRNewswire-PRWeb/ — AMSimpkins & Associates is proud to announce its selection by the Wisconsin Technical College System Purchasing Consortium (WTC-PC) to provide Identity Verification Solutions through the S.A.F.E. platform. The WTC-PC comprises 16 independent, publicly funded two-year technical colleges across Wisconsin, including Blackhawk Technical College, Chippewa Valley Technical College, Fox Valley Technical College, and Milwaukee Area Technical College, among others.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSA. This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

With a focus on preventing identity fraud, AMSimpkins & Associates’ comprehensive solutions will strengthen the security measures across admissions, enrollment, and financial aid processes, ensuring secure verification and compliance with federal and state regulations. S.A.F.E. will now support Wisconsin’s higher education system, offering its cutting-edge technology to streamline operations and safeguard student data.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSimpkins & Associates,” said Maurice Simpkins, President and Founder. “This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

As part of this agreement, AMSimpkins & Associates will deliver comprehensive services, including system integration, training, and ongoing support to ensure seamless implementation. S.A.F.E.’s capabilities are designed to evolve with growing threats of fraudulent activities, keeping institutions one step ahead in securing student identities.

Institutions in the Wisconsin Technical College System:

Blackhawk Technical CollegeChippewa Valley Technical CollegeFox Valley Technical CollegeGateway Technical CollegeLakeshore Technical CollegeMadison Area Technical CollegeMid-State Technical CollegeMilwaukee Area Technical CollegeMoraine Park Technical CollegeNicolet Area Technical CollegeNorthcentral Technical CollegeNortheast Wisconsin Technical CollegeNorthwood Technical CollegeSouthwest Wisconsin Technical CollegeWaukesha County Technical CollegeWestern Technical College

The S.A.F.E. platform’s advanced identity verification services will play a pivotal role in securing sensitive data and ensuring a safe and fraud-free environment for Wisconsin’s technical colleges and their students.

For more information about AMSimpkins & Associates and the S.A.F.E. platform, please visit amsa-highered.com.

Media Contact

LAQWACIA SIMPKINS, AMSimpkins & Associates, 1 6786824193, LSIMPKINS@AMSA-CONSULTING.COM, amsa-highered.com

Twitter, Facebook, LinkedIn

View original content:https://www.prweb.com/releases/amsimpkins–associates-awarded-wisconsin-technical-purchasing-consortium-contract-rfb-25-002tp—for-identity-verification-solutions-302253867.html

SOURCE AMSimpkins & Associates

Continue Reading

Technology

Shijingshan: Committed to High-Level Openness

Published

on

By

BEIJING, Sept. 22, 2024 /PRNewswire/ — Following the third plenary session of the 20th Central Committee of the Communist Party of China, China successfully hosted its first national-level international large-scale fair—the China International Fair for Trade in Services (CIFTIS) 2024, which concluded on September 16. The event featured exhibitors from 85 countries and international organizations, participating under their national governments or headquarters, with over 450 Fortune Global 500 companies and industry leaders showcasing their offerings both online and offline.

Adhering to the open, cooperative and mutually beneficial principle, the CIFTIS injects new momentum into global economic development through concrete actions. As one of the “dual venues” for the fair, Shijingshan District hosted a variety of business activities, including exhibitions, negotiations, and conferences. While providing meeting organization services, it showcased the achievements of Shijingshan in fostering openness and development. By leveraging the Fair’s platform, Shijingshan seeks to promote its developmental advantages globally and aims to attract more partners to this welcoming district for mutually beneficial and win-win cooperation.

Presenting Achievements in Open Cooperation and Development in Multiple Dimensions

This CIFTIS’s Shougang Park venue is composed of nine thematic exhibitions, including telecommunications, computer and information services; financial services; culture & tourism services; education services; sports services; supply chain & business services; engineering consulting & construction services; health services; and environmental services. It circles around cultivating new quality productive forces while showcasing the latest achievements, technologies, and applications in the digitalization, intelligentization, and greening of services trade, creating a “debut stage” for global services trade.

Shijingshan leverages its strengths by organizing five thematic exhibitions and four promotional booths on-site. The culture & tourism services exhibition promoted Shijingshan’s rich culture and tourism resources, while also building a support area for paired assistance to highlight its revitalization efforts to a global audience. The financial services exhibition showcased its achievements in economic development across five sectors, that is, sci-tech finance, green finance, inclusive finance, pension finance, and digital finance. The exhibition of telecommunications, computer and information services highlighted the growth of Shijingshan’s the artificial intelligence large model industry cluster and key humanoid robot enterprises. In addition, the primary and secondary school science education experimental zone invited participation from six national-level science education centers, including Shijingshan District, to display their accomplishments. Four schools, including the Beijing National Day School Shijingshan, showcased their scientific research and learning outcomes through visual presentations and videos, while also engaging visitors in interactive science experiments.

The AIES Beijing Open is made up of four competition areas, virtual cycling, virtual rowing, virtual dance, and virtual table tennis. The event welcomed international competitors, domestic professional athletes, high-level amateurs, and university students, while showing the achievements of the “digital + sports” industry. Besides, four promotional booths focused on taxation, justice, investment, and commerce showcases Shijingshan’s tax and judicial policies, offering one-stop policy guidance for participating businesses and visitors. These booths also clarified investment promotion policies, creating a unique event that integrates commerce, tourism, culture, and sports.

Working Together for Global Open Cooperation and Development

The Open Cooperation Forum 2024 was held on the afternoon of September 13. Experts, scholars, government representatives, and business leaders from both domestic and international backgrounds gathered at the Shougang Park to engage in in-depth discussions on promoting high-level open cooperation and supporting regional economic development. Shijingshan District is committed to taking industrial transformation as the strategic foundation for its initiatives, establishing several distinctive industrial parks, including the Intelligent Technology Park, Industrial Internet Park, Virtual Reality Park, Science Fiction Industry Cluster, and Artificial Intelligence Large Model Cluster. What’s more, the district is focusing on new opportunities in future information, future health, future manufacturing, and future space, continually enhancing its innovation capacity, development vitality, economic strength, and overall competitiveness.

It is dedicated to expanding openness as a key driver for integrating into the capital’s new development pattern. The district capitalizes on a range of policy opportunities, including the construction of Beijing’s two zones, effectively leveraging the role of expanding services and deepening economic reforms. It continues to optimize the business environment, actively participates in organizing the CIFTIS, and develops high-standard international cooperation zones to provide a broad platform and efficient services for enterprises to settle and cluster. Shijingshan aims to implement high-level openness to promote high-quality development, enhance mechanisms for foreign openness, innovate and elevate services trade, and align with international economic and trade standards, creating a premier business environment characterized by marketization, rule of law, and internationalization.

Three parallel forums took place during this CIFTIS. With the theme of “Leveraging Overseas Strength for Development • Pursuing Broad Horizons Through Innovation”, the Dream Incubator of Overseas Chinese Beijing Forum set up ten sub-venues abroad, aiming to enhance the involvement of overseas Chinese’s capital and expertise in Beijing’s high-quality development. The Artificial General Intelligence Computility Forum focused on “Releasing New Quality Productive Forces with Unbounded Intelligence and Computational Foundations”, where industry experts and scholars explored new possibilities in artificial general intelligence computility. The Digital Energy Development Forum 2024, themed as “Energizing the Future with Digital Innovation”, showcased a range of quality development achievements and finalized partnerships for several high-quality projects, uniting all parties to advance digital innovation and development.

The rich array of side events is one of the highlights of this CIFTIS. The International Open Cooperation Promotion Conference circled around developing the international open cooperation zone, drawing representatives from international organizations, leading global companies, and prospective businesses seeking to establish a presence in these areas. It centered on the advantages of Shijingshan’s key industries to attract target enterprises. Furthermore, the Roundtable Discussion of Foreign-Funded Enterprises engaged representatives from international organizations, business associations, and foreign-funded companies from countries like Malaysia, Singapore, and France to explore collaboration in aligning with high-standard international economic and trade rules, as well as market access in the service sector, sharing the successes of modernization with Chinese characteristics.

To enhance the consumer experience for attendees of the CIFTIS, Shijingshan has expanded its comprehensive service offerings in areas such as food, accommodation, transportation, tourism, entertainment and shopping. The Second “Here I Am for CIFTIS” Shijingshan Culture and Tourism Carnival has been significantly upgraded, evidenced by the “Divine Beasts Ascend to Immortal Mountain”: Enchanting Night Tour in Shijing Mountain. The “Surprises Await in Shijingshan. Hey There, CIFTIS!” promotional event was held during the 14th Shijingshan Consumption Festival. This included online surprise announcements and a consumption map showcasing quality shopping venues. Special surprise floats were on display, with oversized themed shopping bags distributed. Shopping centers like Joy City, Xirondo Plaza, Modern Plaza, and Chang’an Mills in Shijingshan also launched supporting promotional activities. Business tours in Shijingshan offered three dedicated routes, inviting exhibitors from digital technology, finance and insurance, culture and tourism, and sports related industries to explore relevant industrial parks and attractions for in-depth exchanges.

The China International Fair for Trade in Services 2024 has successfully concluded. Utilizing this platform, Shijingshan has once again showed its high-quality development achievements and favorable business environment to a global audience. We look forward to collaborating with more partners in an open and inclusive manner to create a win-win future.

View original content:https://www.prnewswire.com/news-releases/shijingshan-committed-to-high-level-openness-302254872.html

SOURCE Open Cooperation Forum

Continue Reading

Trending