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Automotive Parts Packaging Market By Packaging Type (Primary Packaging, Secondary Packaging, Tertiary Packaging), By Material Type (Plastic, Paper, Metal, Glass), By Application (Engine Components, Electrical & Electronics, Body & Chassis, Tires & Wheels, Aftermarket Parts), By End-User (OEM, Aftermarket), and By Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: PK5171  
|   Packaging

As per Intent Market Research, the Automotive Parts Packaging Market was valued at USD 8.4 billion in 2023 and will surpass USD 10.9 billion by 2030; growing at a CAGR of 3.7% during 2024 - 2030.

The automotive parts packaging market is an essential segment of the automotive industry, focusing on the safe and efficient transportation and storage of automotive components. With increasing global vehicle production, the demand for packaging solutions that protect parts, reduce logistics costs, and ensure product quality during transit is rising. This market has seen a surge in innovative packaging technologies, with companies opting for sustainable and cost-effective materials to meet environmental and regulatory standards. As the automotive industry continues to grow, packaging solutions must keep pace with evolving demands for speed, durability, and eco-friendliness.

Primary Packaging Segment is Largest Owing to Product Protection Needs

Among the different types of automotive packaging, primary packaging is the largest subsegment. Primary packaging refers to the direct packaging of individual automotive parts, such as engine components, electrical parts, or smaller vehicle accessories. The primary packaging is essential in ensuring the protection of automotive parts from contamination, moisture, and damage during transportation. The market for primary packaging has witnessed steady growth, driven by the increasing demand for high-quality and well-protected components. Moreover, the rise in e-commerce has led to increased need for packaging that guarantees part safety in shipping, further boosting the demand for primary packaging.

The growing importance of product protection, especially for sensitive parts like electrical and engine components, has made primary packaging an indispensable segment. Innovations in packaging materials, such as anti-static films and moisture-resistant bags, have further fueled this subsegment’s growth. With manufacturers increasingly focused on delivering parts that arrive in pristine condition, primary packaging solutions continue to dominate the automotive parts packaging market.

Automotive Parts Packaging Market Size 2030

Plastic Material is Dominating the Automotive Parts Packaging Market

Plastic is the dominant material in automotive parts packaging, owing to its versatility, durability, and cost-effectiveness. Plastic materials such as polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC) are widely used for primary and secondary packaging due to their lightweight properties, which reduce overall shipping costs. The ability to mold plastics into various forms and their durability in protecting components from external factors like moisture, dirt, and impact make them the preferred choice for packaging automotive parts.

Moreover, the rise of recyclable plastics has contributed to the growing demand for plastic packaging, as companies and consumers alike push for more environmentally friendly solutions. In addition to its protective qualities, plastic's lightweight nature helps in reducing logistics costs, which is particularly important as the automotive industry becomes more globalized. This combination of factors ensures that plastic continues to be the leading material in the automotive parts packaging market.

Engine Components Application Is Largest in Automotive Parts Packaging

The engine components application is the largest in the automotive parts packaging market. Engine components are highly sensitive and require specialized packaging to prevent damage during handling, transportation, and storage. These parts are critical to vehicle performance, making their protection during transit a top priority for manufacturers. Packaging solutions for engine components often involve the use of durable materials like plastic or metal, which offer both protection and convenience in terms of handling and shipping.

The rising demand for efficient engine designs and the increasing complexity of automotive engines are driving the need for customized packaging solutions. Furthermore, as manufacturers work toward producing more fuel-efficient and high-performance engines, the importance of packaging that preserves the integrity of these components will continue to grow. As a result, the engine components application remains the largest subsegment in the automotive parts packaging market.

OEM (Original Equipment Manufacturer) Segment is Largest in End-User Market

The OEM (Original Equipment Manufacturer) segment is the largest in the automotive parts packaging market. OEMs are responsible for the initial production of vehicles and rely heavily on specialized packaging solutions to protect the parts that go into the assembly of vehicles. Packaging for OEMs must meet stringent quality standards, as automotive parts are required to be delivered without defects to ensure vehicle performance and safety. Additionally, OEMs often require packaging solutions that facilitate easy and efficient logistics, ensuring timely delivery of components to assembly lines.

With the global expansion of the automotive market, OEMs are increasingly seeking packaging solutions that optimize supply chain operations. As the largest end-user group, OEMs contribute significantly to the demand for packaging materials, technologies, and services, making them the most influential segment in this market.

Asia-Pacific Region is Fastest Growing in Automotive Parts Packaging Market

The Asia-Pacific (APAC) region is the fastest-growing region in the automotive parts packaging market. APAC has emerged as a global manufacturing hub for the automotive industry, with countries like China, India, and Japan playing central roles in vehicle production and the supply chain of automotive parts. The rapid growth of the automotive industry in this region has driven the demand for advanced and cost-effective packaging solutions. Additionally, APAC's expanding e-commerce sector, which includes automotive parts sales, further boosts the need for effective packaging.

The region's increasing focus on improving infrastructure, combined with the rise of automotive exports, has led to a substantial increase in packaging requirements. As automotive manufacturers seek to enhance their supply chain operations, packaging solutions that optimize protection, logistics, and sustainability will continue to be in high demand, positioning APAC as the fastest-growing market for automotive parts packaging.

Automotive Parts Packaging Market Share by region 2030

Leading Companies and Competitive Landscape

The automotive parts packaging market is highly competitive, with numerous global and regional players striving to meet the growing demand for advanced packaging solutions. Amcor Limited, Sealed Air Corporation, and Smurfit Kappa Group are among the leading companies in the market, offering a wide range of packaging solutions tailored to the automotive industry. These companies focus on product innovation, offering packaging materials that enhance protection, reduce environmental impact, and lower transportation costs. Additionally, companies are increasingly adopting sustainable practices, including the use of recyclable and biodegradable materials, to meet regulatory requirements and consumer preferences.

List of Leading Companies:

  • Amcor Limited
  • Sealed Air Corporation
  • Smurfit Kappa Group
  • Mondi Group
  • International Paper Company
  • Sonoco Products Company
  • WestRock Company
  • DS Smith Plc
  • Berry Global, Inc.
  • Ranpak Corporation
  • Huhtamaki Group
  • Packaging Corporation of America
  • Crown Holdings, Inc.
  • Bemis Company, Inc.
  • ITW (Illinois Tool Works Inc.)

Recent Developments:

  • Amcor Limited announced the launch of a new eco-friendly automotive parts packaging solution made from 100% recyclable material
  • Sealed Air Corporation introduced an innovative air pillow packaging solution designed for automotive components to reduce material waste
  • Smurfit Kappa Group completed the acquisition of a leading European packaging manufacturer to expand its footprint in the automotive sector
  • Berry Global, Inc. launched a new line of molded plastic packaging solutions for the automotive sector to enhance product protection during transportation
  • Ranpak Corporation unveiled a new automated packaging system designed to optimize packaging efficiency for automotive parts in logistics

Report Scope:

Report Features

Description

Market Size (2023)

USD 8.4 Billion

Forecasted Value (2030)

USD 10.9 Billion

CAGR (2024 – 2030)

3.7%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Automotive Parts Packaging Market By Packaging Type (Primary Packaging, Secondary Packaging, Tertiary Packaging), By Material Type (Plastic, Paper, Metal, Glass), By Application (Engine Components, Electrical & Electronics, Body & Chassis, Tires & Wheels, Aftermarket Parts), By End-User (OEM, Aftermarket), and By Region; Global Insights & Forecast (2024 – 2030)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Amcor Limited, Sealed Air Corporation, Smurfit Kappa Group, Mondi Group, International Paper Company, Sonoco Products Company, WestRock Company, DS Smith Plc, Berry Global, Inc., Ranpak Corporation, Huhtamaki Group, Packaging Corporation of America, Crown Holdings, Inc., Bemis Company, Inc., ITW (Illinois Tool Works Inc.)

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Automotive Parts Packaging Market, by Packaging Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Primary Packaging

   4.2. Secondary Packaging

   4.3. Tertiary Packaging

5. Automotive Parts Packaging Market, by Material Type (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Plastic

   5.2. Paper

   5.3. Metal

   5.4. Glass

   5.5. Others

6. Automotive Parts Packaging Market, by Application (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Engine Components

   6.2. Electrical & Electronics

   6.3. Body & Chassis

   6.4. Tires & Wheels

   6.5. Aftermarket Parts

7. Automotive Parts Packaging Market, by End-User (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. OEM

   7.2. Aftermarket

8. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   8.1. Regional Overview

   8.2. North America

      8.2.1. Regional Trends & Growth Drivers

      8.2.2. Barriers & Challenges

      8.2.3. Opportunities

      8.2.4. Factor Impact Analysis

      8.2.5. Technology Trends

      8.2.6. North America Automotive Parts Packaging Market, by Packaging Type

      8.2.7. North America Automotive Parts Packaging Market, by Material Type

      8.2.8. North America Automotive Parts Packaging Market, by Application

      8.2.9. North America Automotive Parts Packaging Market, by End-User

      8.2.10. By Country

         8.2.10.1. US

               8.2.10.1.1. US Automotive Parts Packaging Market, by Packaging Type

               8.2.10.1.2. US Automotive Parts Packaging Market, by Material Type

               8.2.10.1.3. US Automotive Parts Packaging Market, by Application

               8.2.10.1.4. US Automotive Parts Packaging Market, by End-User

         8.2.10.2. Canada

         8.2.10.3. Mexico

    *Similar segmentation will be provided for each region and country

   8.3. Europe

   8.4. Asia-Pacific

   8.5. Latin America

   8.6. Middle East & Africa

9. Competitive Landscape

   9.1. Overview of the Key Players

   9.2. Competitive Ecosystem

      9.2.1. Level of Fragmentation

      9.2.2. Market Consolidation

      9.2.3. Product Innovation

   9.3. Company Share Analysis

   9.4. Company Benchmarking Matrix

      9.4.1. Strategic Overview

      9.4.2. Product Innovations

   9.5. Start-up Ecosystem

   9.6. Strategic Competitive Insights/ Customer Imperatives

   9.7. ESG Matrix/ Sustainability Matrix

   9.8. Manufacturing Network

      9.8.1. Locations

      9.8.2. Supply Chain and Logistics

      9.8.3. Product Flexibility/Customization

      9.8.4. Digital Transformation and Connectivity

      9.8.5. Environmental and Regulatory Compliance

   9.9. Technology Readiness Level Matrix

   9.10. Technology Maturity Curve

   9.11. Buying Criteria

10. Company Profiles

   10.1. Amcor Limited

      10.1.1. Company Overview

      10.1.2. Company Financials

      10.1.3. Product/Service Portfolio

      10.1.4. Recent Developments

      10.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   10.2. Sealed Air Corporation

   10.3. Smurfit Kappa Group

   10.4. Mondi Group

   10.5. International Paper Company

   10.6. Sonoco Products Company

   10.7. WestRock Company

   10.8. DS Smith Plc

   10.9. Berry Global, Inc.

   10.10. Ranpak Corporation

   10.11. Huhtamaki Group

   10.12. Packaging Corporation of America

   10.13. Crown Holdings, Inc.

   10.14. Bemis Company, Inc.

   10.15. ITW (Illinois Tool Works Inc.)

11. Appendix

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A comprehensive market research approach was employed to gather and analyze data on the Automotive Parts Packaging Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Automotive Parts Packaging Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach - Automotive Parts Packaging Market

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Automotive Parts Packaging Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down - Automotive Parts Packaging Market

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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