Packaging Accessories Market will reach US$ 117.38 Billion by 2033 - Strategic Packaging Insights

London, UK – Dec 2025 | Strategic Packaging Insights – The global Packaging Accessories Market is predicted to expand sharply from an estimated US$ 72.5 billion in 2024 to US$ 117.38 billion by 2033, according to the latest research from Strategic Packaging Insights. This growth corresponds to a compound annual growth rate (CAGR) of 5.50% between 2025 and 2033. The shift reflects mounting demand for accessory‑level packaging solutions across industries such as food & beverage, e‑commerce and logistics as companies seek improved protection, efficiency and sustainability in packaging.

The expansion of the Packaging Accessories Market is being driven by several powerful forces. E‑commerce growth has dramatically increased the need for protective packaging from strapping and shrink-wrap to cushioning and void-fill to ensure that goods reach consumers intact. At the same time, heightened emphasis on sustainability and environmental compliance is pushing manufacturers toward eco‑friendly strapping, recyclable shrink films, and biodegradable void‑fill materials. As supply chains become more complex and global logistics intensify, companies are turning to packaging accessories to safeguard products, minimize damage, and optimize distribution costs.

A comprehensive assessment of this rapidly evolving market can be accessed through Strategic Packaging Insights at the link below, focused on Packaging Accessories:

https://www.strategicpackaginginsights.com/report/packaging-accessories-market

Regionally, the demand across North America, Europe and other developed geographies remains a key pillar of market strength driven by mature logistics infrastructures, high e‑commerce penetration and regulatory pressure for safer, compliant packaging. Meanwhile, emerging markets (especially where industrialization, manufacturing and retail expansion are underway) present growing opportunities. The report suggests that as industrial and manufacturing activities rise globally and retail and e‑commerce footprint expands adoption of packaging accessories for bundling, pallet‑securing and protective packaging will accelerate.

The Packaging Accessories Market is segmented by product type, end-use industry, application, and distribution channel. In product type terms, the market covers strapping, shrink wrapping, and void fill solutions. Strapping (polypropylene, polyester, steel) continues to serve critical roles in palletizing and bundling especially in logistics, industrial goods and bulky shipments. Shrink‑wrapping (using materials like PE or PVC) is widely used for tamper‑evident or protective wrapping in retail, food, pharmaceuticals, and general goods. Void‑fill including air pillows, foam-in-place, paper‑based cushioning, and bubble wrap plays a foundational role for e‑commerce and retail shipments to prevent damage during transit.

By end‑use industry, the Packaging Accessories Market spans food & beverage, e‑commerce & retail, pharmaceuticals & healthcare, industrial & manufacturing, and logistics & transportation. Demand is especially pronounced in e‑commerce & retail, where product protection during transit and last‑mile delivery reliability make cushioning, void‑fill, strapping and shrink‑wrap essential. The food & beverage sector also drives consumption thanks to growing packaged and processed food trade, necessitating secure and hygienic packaging accessories. Meanwhile, industrial and manufacturing goods rely heavily on strapping and protective packaging for safe handling and shipment.

In terms of application, packaging accessories are used for pallet and bundle securing, secondary packaging, product protection and cushioning each serving distinct needs depending on product type, end‑use industry, and supply‑chain requirements. For instance, heavy or bulky goods often rely on strapping and shrink‑wrap for secure bundling and palletization, while small or fragile items benefit from void‑fill and cushioning for safe transit. As packaging demands diversify, accessory providers are innovating across materials and product forms to meet those varied needs.

The competitive landscape of the Packaging Accessories Market features a mix of major global companies offering broad portfolios, and specialized regional players addressing niche needs. Key players named in the report include 3M, Pregis, Illinois Tool Works (through its strapping/wrapping business), Sealed Air Corporation, and DS Smith Packaging all actively supplying strapping, shrink‑wrap, void‑fill and protective packaging solutions. These firms constantly upgrade product lines, invest in sustainable material development, and adapt to evolving regulatory and supply‑chain challenges.

Looking ahead toward 2033, the Packaging Accessories Market appears set for continued growth propelled by persistent expansion of e‑commerce, increased global trade, manufacturing growth in emerging economies, and rising demand for sustainable packaging. As companies and brands shy away from wasteful or non‑compliant packaging practices, innovative accessory‑packaging providers who deliver eco‑friendly, cost‑efficient, and performance‑driven solutions stand to capture significant market share. For stakeholders, this signals opportunity whether in manufacturing strapping materials, shrink‑films, cushioning systems, or value‑added packaging services tailored for specific industries.

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About Us:

At Strategic Packaging Insights, we believe packaging is more than an outer shell. It is the silent ambassador of a brand’s values, the guardian of product integrity, and increasingly, a statement of environmental responsibility. As consumers, retailers, regulators, and investors alike demand more from packaging, organizations need more than data points they need trusted, actionable intelligence and strategic clarity.

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