Asia Pacific Automotive Parts Packaging Market Dynamics and Trends by 2027

Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027

Asia Pacific Automotive Parts Packaging Market to 2027 - Regional Analysis and Forecasts by Product Type (Pallets, Crates, Cartons, Bags & Pouches, Trays, and Others); Packaging Type (Reusable and Disposable); and Component (Battery, Cooling Systems, Lighting Components, Engine Components, Electricals, and Others)

Report Date : Jun 2019
Report Code : TIPRE00005457

Category : Automotive and Transportation
Status : Published

Available Report Formats :
No. of Pages : 141

Page Updated: Jan 2023

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The automotive parts packaging market in the Asia Pacific is expected to grow from US$ 961.0 Mn in 2018 to US$ 1,484.3 Mn by the year 2027 with a CAGR of 5.0% from the year 2019 to 2027.

The demand for aftermarket automotive parts is flourishing the growth of the automotive parts packaging market. Moreover, the emergence of several new carmakers in the electric vehicle market is anticipated to boost automotive parts packaging market growth during the forecast period. Asia Pacific region is a global automotive hubs. China accounts for approximately 30% of passenger car production globally. Lower cost of labor wages and availability of skilled workers in the region hands competitive advantage to the region for the manufacturing of automobiles.

Moreover, the Government in countries such as China and India have been rolling out favorable policies that have attracted significant foreign direct investments in the automobile and technology sector. Such a large automotive hub presents higher opportunities for the components manufacturer and suppliers by forming partnerships with the OEMs. The prosperity of these industries augurs well for the advancements in the automotive parts packaging components penetration as well. The electrification of automobiles is ushering the automotive industry and the industries associated with it to a greater extent. With the rising electric vehicle production, the requirement for a large and diversified number automotive parts and components is increasing. Geographically, China, and the US is witnessing the adoption of electric vehicles, and the growth is soaring at a rapid rate year on year.

The reusable segment is one of the leading packaging types with the highest market share in the Asia Pacific automotive parts packaging market. Reusable packaging, commonly known as returnable packaging is packaging materials that are capable of being reused in the manufacturing & distribution cycle. It involves materials like crates, racks, and pallets. Generally, the reusable packaging is used by automotive manufacturers for the shipment of body parts particularly, between component suppliers and assembly plants. The significance of these packaging systems lies in the mutual effort between the parties to maximize the container usage by evading the probabilities of them to get lost, misplaces, or forgotten. In the highly competitive automotive industry, the manufacturers are following lean manufacturing process to minimize waste throughout their process to cut costs. Reusable packaging helps in reducing inventory cost.

China dominated the automotive parts packaging market in 2018 and is anticipated to lead the market across the Asia Pacific region through the forecast period, followed by Japan and India. The figure given below highlights the revenue share of the Rest of Asia Pacific in the automotive parts packaging market in the forecast period:

Rest of Asia Pacific Automotive Parts Packaging Market Revenue and Forecasts to 2027 (US$ Mn)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

ASIA PACIFIC AUTOMOTIVE PARTS PACKAGING MARKET SEGMENTATION

By Product Type

• Pallets• Crates• Cartons• Bags & Pouches• Trays• Others

By Packaging Type

• Reusable• Disposable

By Component

• Battery• Cooling Systems• Lighting Component• Engine Component• Electricals• Others

By Country

• South Korea• China• India• Japan• Australia• Rest of APAC

Automotive parts packaging Market - Companies Mentioned

• CMTP Packaging Pty Ltd.• DS Smith Plc• Signode Packaging Systems• Ckdpack Packaging Inc.• The Nefab Group• Mondi Group• Schoeller Allibert• Sealed Air Corp.• Smurfit Kappa• Sonoco Products Co.

Asia Pacific Automotive Parts Packaging Report Scope

Report Attribute	Details
Market size in 2018	US$ 961.0 Million
Market Size by 2027	US$ 1,484.3 Million
Global CAGR (2019 - 2027)	5.0%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Product Type Pallets Crates Cartons Bags & Pouches Trays By Packaging Type Reusable and Disposable By Component Battery Cooling Systems Lighting Components Engine Components Electricals
Regions and Countries Covered	Asia-Pacific China India Japan Australia Rest of Asia-Pacific
Market leaders and key company profiles	CMTP Packaging Pty Ltd. DS Smith Plc Signode Packaging Systems Ckdpack Packaging Inc. The Nefab Group Mondi Group Schoeller Allibert Sealed Air Corp. Smurfit Kappa

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Asia Pacific Automotive Parts Packaging Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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