Tertiary Packaging Market Size | Companies and Share

Tertiary Packaging Market Companies | Growth | Size

The report covers Tertiary Packaging Market Companies and Segments - By Material (Paper & Paperboard, Plastic, Metal), Product Type (Boxes, Crates, Containers, Trays, Drums, Pallets), End User (Contract Packaging, Pharma, Logistics, Chemicals), And Region (Asia Pacific, North America, Europe, Latin America). The report offers the value (in USD Billion) for the above segments.

Market Overview

Tertiary packaging market is expanding because of the growing global trade, the growth of e-commerce and the protective logistics. The companies are using the tertiary packaging to invent the new packages that will help to protect the products during transportation.

Tertiary packaging is one of the three kinds of packaging that are used to safeguard goods for shipping or storing. It is meant to safeguard not only the product but also its transit and other packaging. Tertiary packaging is usually removed by retailers before the products are ready to be displayed for sale.

Report Highlights

  • By region, Asia Pacific led the tertiary packaging market in 2023.
  • North America is expected to grow at the fastest rate during the forecast period.
  • Paper and paperboard segment to continue its dominance.

The tertiary packaging could be the cardboard boxes, containers, crates, drums, trays, wooden pallets and shrink wrap and this packaging are made up of paper and paperboard, plastic, metal, wood and other packaging materials. Which are widely used in contact packaging, pharmaceutical packages, warehouse and logistics and others.

Implementing the usage of eco-friendly and sustainable materials in the production of the packaging to make it possible for the customers to recycle it. Through the creative use of materials, such as bioplastics which are based on plants as a raw material instead of petroleum, the substitutes of films, cardboard and plastic bottles are being applied. Testing the materials, the packaging, unit loads or the products itself with transport simulation testing equipment leads companies to a new packaging design that reduces the costs and waste is both an environmental and a commercial success be it keeping the brand benefits and customer appeal. This enables companies to cut down on transport expenses by reducing the size of the packaging making it smaller, the space of the transport is used to its maximum capacity.

The use of stretch film should be reduced by testing the unit load to find out which packaging would be the best one. This will hence be the factor to decrease costs by reducing the time the wrapping machine is working, cutting the packaging waste and lowering the CO2 emission by the decrease of the load weight that has to be transported. In the distribution cycle, goods are subjected to various forces that can possibly compromise their safety and integrity. Such are the reasons for this problem. These can be, for instance, the result of acceleration, braking, handling or storing. These could be dangerous for the goods and the manner of loading and securing of these loads.

Transport simulation testing technologies become the main instruments of the threat predicting. Companies are also trying to find out the packaging strength for the bulky products and creating new packaging for the products. The demand for tertiary packaging is going to be growing indefinitely in the future.

For Instance,

  • In March 2022, BillerudKorsnäs declared the end of its acquisition of Verso for a purchase price of about USD 825 million in cash. Verso is among the foremost producers of coated paper in North America.
  • Sustainability: Trend of sustainability increasing due to environmental concerns in the tertiary packaging. Recyclable, biodegradable, and reusable materials are incorporating in these packaging to reduce the environmental impact.
  • Smart Packaging: The integration of smart tools such as AI, QR Codes, and RFDI tags in the tertiary packaging which enable the products to trace and securely delivered to the consumers.
  • Customization and Personalization: Customization and personalization of tertiary packaging according to the consumer requirements with innovative offerings.
  • Convenience: Convenience is a major trend in tertiary packaging market. Manufacturers are tailoring the products convenient to the consumers.

Regional Insight

Asia Pacific in Tertiary Packaging Market

Asia Pacific is the biggest of the three regions of the tertiary packaging market. The Asia region is the home of a huge consumer base, marked by a fast-evolving economy, a big middle class and a young population. The current is the growing demand in Asia pacific countries due to the global revolution, urbanization and industrialization. In the Asia pacific region, the induction of new industries and the complexity of the supply chain are increasing. These complicated supply chains are the cause of the logistics efficiency and security coming from the tertiary packaging. The constant growth of the industrial sector and the consumer product markets is the reason behind the fastest gains to India and China. China, which overtook the US as the world’s largest corrugated box market, is now the biggest in the world. The corrugated box as a tertiary packaging is intended to secure the products inside during the storage and transportation in warehouses and safe delivery to the destination.

China, India and Southeast Asia are the biggest countries that are the main suppliers of the goods via the shipments. Containers are now moving in and out of China at the highest rates because shippers are on a desperate search for capacity, but the port congestion in Europe and the US is still slowing down the return of containers to Asia and therefore the recovery of global ocean supply chains is being hindered. China is not the only among top exporting countries who have experienced turbo box turnarounds last year.

Vietnam, Singapore, Thailand and Indonesia have the median times in which containers remained in depots, which were average. Port container shipments in China have been carried out to 295. The container ranking is 87 million standard containers, which increased by 4. 7% is the percentage of the increasing ecommerce sector in the Asia Pacific that is the major factor for the growing packaging demand of tertiary industries. The factors which are causing the tertiary packaging market growth in the Asia pacific region are the numbers.

For Instance,

  • In December 2023, a German carton packaging machine manufacturer founded its subsidiary in Bangkok, the company is focused on the high level flexibility of the secondary and tertiary packaging.

North America in Tertiary Packaging Market

North America is the fastest growing region in the third sector of the packaging market. The rapid growth of palatalization and containerization in the shipment North America results in overseas container shipping market control. This is mainly because of the high demand and better transportation services that are available in this region. In North America, the United States is the biggest consumer of container shipping, and then comes Canada.

U.S. Container Import Volume, 2022 - 23 (in TEU)

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U.S import the containers from many different countries which due to increasing demand of tertiary packaging’s. The main reason is that the e-commerce giants such as Walmart, Alibaba, Amazon, etc. are attempting to replenish the supply after more than a year of supply chain disruptions due to the pandemic. The sea freight shipping rates surge has caused a spurt in shipbuilding.

The aggregate packaging from third party packagers, from the leaders in tertiary packaging. The robust manufacturing of the North America raises the demand for the tertiary packaging. The manufacturers of the packaging are switching to the sustainable ways for producing the eco-friendly packaging options. There is the huge growth of the tertiary packaging market in the coming years.

For Instance,

  • In January 2023, CARTIER Packaging announced that it has acquired Complete Packaging Systems, a Canadian based company that also works in the United States, specializing in the optimization and securing of transport packages, mainly in the railway industry.

Market Dynamics

  • Driver: Demand for protective and preservative packaging products in tertiary packaging market which can be safe while transportation, through supply chain and storage.
  • Restraint: Tertiary packaging which is made up of plastic are restraint to the environment, In the future manufacturers are tailoring the products with sustainable products so that they can reduce the plastic content in their packaging.
  • Opportunity: Opportunity for companies to enter in the digital transformation and ecommerce sector which is growing rapidly, which increase the demand for tertiary packaging.

Key Segment Analysis

The paper and paperboard segment to sustain as a dominant force

Paper and paperboard are the best materials that are used for the tertiary packaging. Different types of packaging are used for the tertiary packaging which is widely used for the product. Paper and paperboard materials are sustainable, recyclable, biodegradable and reusable. The paper-based packaging is the strength and durability that justify the global commerce through the safe and efficient transportation of goods and its versatility and visual appeal are the businesses' way to market their products. The fact that 81% of all paper-based packaging in the US is recycled and more than 96% of corrugated (cardboard) boxes are also recycled shows that the US is ahead of the world in this aspect.

There are numerous instances where paper and paperboard packaging is used as tertiary packaging like supermarkets, traditional markets and retail stores, mail order, fast food, dispensing machines, pharmacies, and in hospital, catering and leisure situations.
The market is witnessing the highest growth rate on the paper and paperboard material in the packaging because of its cheapness and sustainability and the plastic and other harmful materials used as a replacement are being eliminated.

For Instance,

  • In October 2023, JK Paper Ltd announced its full acquisition of Manipal Utility Packaging Solutions Pvt Ltd for nearly Rs 90 crore. The company has now signed a share purchase agreement (SPA) for the buyout of 100 per cent shares of Manipal Utility Packaging Solutions Pvt Ltd.

Corrugated boxes segment to maintain its dominance in the market

Corrugated boxes are mostly used as tertiary packaging material, mostly of which are recycled for different purposes and have a major chunk of recycled fibres. Corrugated cardboard boxes are the fundamental support of the American supply chain. 38 billion packages are sent safely in corrugated boxes annually. Packaging made of corrugated is usually lightweight and therefore it can cut down the shipping costs. Manufacturers are shifting to the use of corrugated boxes because the raw materials and labor used to make corrugated boxes are cheap and lightweight and their containers can be filled and moved easily which in turn lowers the cost of labor.

The increase of e-commerce sectors is resulting in the rise of the corrugated boxes usage, which are less harmful to the environment and can be easily transported during transit. Corrugated cardboard boxes are made of materials that are renewable. Being made from trees, an inexhaustible resource, this kind of packaging is so easy to recycle. Through the recycling process, corrugated cardboard packaging is transformed into paper products and sometimes even new boxes again. The future preferences of manufactures for the tertiary packaging which will be the reason for the demand of the tertiary packaging market to grow.

For Instance,

  • In August 2022, B2B Industrial Packaging which is a GenNx360 company, just announced the purchase of Springfield Corrugated Box. Inc. in Agawam, Mass.

Tertiary Packaging in Contract Packaging

The contract packaging segment is observed to grow at a significant rate. Contract packaging, which is done through the contract packing companies or the co-packers, is a method of outsourcing the packaging needs, thus the business can save resources and time that would otherwise be spent on the activity. Most of the Company's suppliers of contract packing widely use corrugated boxes for shipments and transportation to the company.

The leading brand owners like Mars, Unilever, and Kraft are the innovators of this transformation in the industry by asking the ECPA members to extend their opportunity beyond the contract packaging to also involving materials procurement, logistics, and even the basic raw materials handling. A great number of the co-packers who were surveyed provide the full-service formulation which in general increase the value of their services and make them the comprehensive solution providers.

A lot of the industries are outsourcing the packaging from the contract packers to the food and beverage, pharmaceuticals, industrial, chemical and others. The types of packaging materials used are different depending on the products. Boxes handled all kinds of products but there are few products which need oil such as oil that is used for plastic or other materials for protecting and preserving the product. The future market will be enormously developed because of the increasing need for the contact packer in the tertiary packaging.

For Instance,

  • In May 2024, Tide Rock, a Buyout company, finalized the acquisition of US-based full-service contract packaging company Premier Packaging.

Key Players and Competitive Dynamics in the Tertiary Packaging Market

The competitive landscape of the tertiary packaging market is dominated by established industry giants such as DS Smith, Becton, Owens Illinois, Inc., WestRock Company, Comar, Amcor plc, SGD Pharma, Schott AG, Gerresheimer AG, AptarGroup, and Dickison.  These giants compete with upstart direct-to-consumer firms that use digital platforms to gain market share. Key competitive characteristics include product innovation, sustainable practices, and the ability to respond to changing consumer tastes.

DS Smith is a front-runner in the sustainable packaging market and is probably doing a strategic development of the eco-friendly tertiary packaging options made of recycled or recyclable paper and cardboard.

For Instance,

  • In March 2024, DS Smith launched fiber-based packaging for distributor-confection fabric for the Easter holiday in time.

Becton's tertiary packaging strategy would probably be the one that would emphasize the sterility and temperature control in order to make sure the safe transport of the fragile medical pharmaceutical.

For Instance,

  • In June 2022, The medical equipment manufacturer Becton Dickinson and Co (BDX. N) on Monday said it would acquire Parata Systems for a $1 million. The $5 billion all-cash deal, which will also allow the company to extend its presence in the pharmacy automation sector is the deal of the year.

O-I is centered on the creation of light but sturdy palletizing solutions that are going to help in the transportation efficiency without, at the same time, destroying the product safety.

For Instance,

  • In April 2024, O-I Glass, Inc. ended up with the full transformation of its Zipaquira, Colombia manufacturing site by spending about $120 Million to make the plant sustainable, flexible and productive. This is in line with O-I's sustainability strategy, the company's constant investments in the plant upgrades and also on his new capital spending plan that was previously announced.

Market Companies

The market is fragmented with multiple large scale and small scale players. Tertiary packaging leading market players are DS Smith, Becton, Owens Illinois, Inc., WestRock Company, Comar, Amcor plc, SGD Pharma, Schott AG, Gerresheimer AG, AptarGroup, and Dickison.

Market Segments

By Material

  • Paper & Paperboard
  • Plastic
    • Polyethylene
      • LDPE
      • HDPE
    • Polypropylene
    • Polyvinyl Chloride
    • Polystyrene
    • PET
  • Metal
    • Aluminium
    • Tin
  • Others

By Product Type

  • Corrugated Box
  • Crates
  • Containers
  • Trays
  • Drums
  • Pallets

By End User

  • Contract Packaging
  • Pharma Manufacturer
  • Warehouse & Logistics
  • Chemicals Manufacturer
  • Others

By Region

  • Asia Pacific
  • North America
  • Europe
  • Latin America

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About The Author

Asmita Singh is a renowned author and consultant in the packaging industry, known for her deep passion for knowledge discovery and commitment to delivering actionable insights. With extensive experience in implementing advanced research methodologies, Asmita generates high-quality data and meaningful results that drive innovation and efficiency in packaging solutions. Her expertise spans the globe, offering valuable consulting services to businesses aiming to enhance their packaging strategies. Asmitas work is characterized by a dedication to excellence and a keen understanding of the latest trends and technologies shaping the future of packaging.


Major trends in tertiary packaging market are sustainability, convenience, smart packaging and customization and personalization as per the consumer requirements.

North America is the fastest growing region due to its large manufacturing base in the industry.

Leading companies such as DS Smith, Becton, Owens Illinois, Inc., WestRock Company, Comar, Amcor plc in the tertiary packaging market.