Protective Packaging Market Size, Share, Growth Analysis, By Type(Flexible, Foam, and Rigid), By Material(Paper & Paperboard, Plastic Foams, Plastic, and Others), By Function(Cushioning, Wrapping, Void Fill, Blocking and Bracing), By Application(Industrial goods, Food Beverages, Consumer Electronics, Automotive), By Region - Industry Forecast 2024-2031

In January 2024, the Indian startup Ston2Pack began producing paper from stone, offering it as a sustainable packaging alternative. Stone paper stands out from virgin pulp paper because its production process involves no deforestation, requires no water, and produces fewer emissions. The material's inherent whiteness, due to its high calcium carbonate content, eliminates the need for bleaches or acids, making it a chemical-free option. Ston2Pack's stone paper is thus a key component in eco-friendly packaging solutions. 

In 2023, biosensors, equipped with receptors for detecting biological materials or reactions in food products, have become essential. By monitoring enzymatic, antigen, hormonal, or nucleic acid activities throughout the food supply chain—from manufacturer to consumer—these sensors play a crucial role in preventing foodborne illnesses and reducing related hospitalizations. 

In 2023, Controlled Release Packaging (CRP) technology involves the package itself releasing active compounds like antimicrobials, antioxidants, or insect repellents. The primary benefit of using CRP materials is their ability to deliver a consistent supply of active compounds, thereby protecting foods from degradation and microbial growth. 

In March 2022, DS Smith Plc, a packaging and recycling company, announced the acquisition of Grupo Lantero's corrugated packaging business in Spain and Portugal. This strategic move enhances DS Smith's position in the Iberian market and strengthens its capabilities in providing protective packaging solutions to customers in the region. 

In January 2022, Sealed Air Corporation, a leading protective packaging company, introduced a new sustainable packaging solution called "PaperSeal® Barrier Systems." This system combines paper-based materials with a barrier coating to provide effective protection for food and other perishable products while reducing reliance on traditional plastic packaging. 

In November 2021, Pregis LLC, a leading protective packaging solutions provider, launched a new protective packaging product called "Easypack Coiler." This innovative system automatically produces protective paper coils, allowing for efficient and sustainable packaging of products while minimizing material waste.