Military-Specific Packaging Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Military Spec Tapes, Military Spec Desiccants, Military Spec Barrier Bags, Military Spec Paper and Foil, Military Spec Sealing Material, Anti-Static Military Packaging, and Others), By Application (Ammunition, Food Supplies, Vehicles, Medical Supplies, Electronic Equipment, and Others), By End User (Defense, Government, Commercial, and Others), By Region, and Forecast, 2024-2032

Military-specific packaging market refers to the specialized packaging solutions used to transport military equipment, supplies, and ammunition. These packaging solutions must meet stringent standards to protect the transported items from damage and remain secure during transit.

Key Market Insights

Globally, the transfer of military equipment and associated components increased substantially, with U.S. being the largest exporter of major arms. The growth is primarily attributed to the attempts to strengthen the defense sector to keep readiness amid growing geopolitical tensions among nations, propelling the growth in the military-specific packaging market.

The ongoing Russia-Ukraine war also contributed significantly to the movement of arms, ammunition, and other military equipment from European nations, thereby increasing the demand for military-specific packaging. The increased spending to make defense infrastructure more sophisticated, especially by South Asian economies, which is expected to increase the demand for military-specific packaging.

The rising concerns about sustainable packaging solutions are anticipated to drive innovation and result in the development of environmentally friendly packaging material. This will result in the introduction of new materials for packaging and, thus, drive growth in the military-specific packaging market.

The high cost of packaging material and changing regulations by authorities for packaging standards are expected to restrain the market for military-specific packaging.

Impact of COVID-19 on the Military Specific Packaging Market

The COVID-19 pandemic significantly affected global trade. The global supply chain disruptions affected the availability of raw materials and components needed to produce military packaging products, which caused delays in the production and delivery of military packaging products.

The COVID-19 pandemic fueled the transfer of various medical equipment and supplies like PPE kits, medical electronics, life support systems, and other essential medical equipment. Furthermore, the pandemic also gave rise to the movement of life-saving vaccines by the militaries of different countries. India supplied over 235 million total supplies of COVID-19 vaccines to 98 countries, which resulted in the rise in demand for military-specific packaging.

The military specific packaging market is segmented by product type, the market is segmented into military spec tapes, military spec desiccants, military spec barrier bags, military spec paper and foil, military spec sealing material, anti-static military packaging, and others. By application, the market is segmented into ammunition, food supplies, vehicles, medical supplies, electronic equipment, and others. By end user, the market is segmented into defense, government, commercial, and others. By geography, the market is studied across North America, Europe, Asia Pacific, and the Rest of the World

Key Insights

The report will include the following key insights:

• The report analyzes a detailed industry overview, including qualitative and quantitative information.


• The report analyzes an overview and forecast of the military-specific packaging market based on various segments.


• The report also analyzes comprehensive PEST analysis for all five regions, i.e., North America, Europe, Asia Pacific, Rest of the World, after evaluating economic, social, political, and technological factors affecting the impact of the military-specific packaging market in these regions.

Regional Analysis

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According to Stockholm International Peace Research Institute, U.S. is the largest exporter of major arms and constitutes 40% of total arms exports globally from 2018 to 2022. Moreover, U.S. is also a country with the largest expenditure in the defense sector. Due to these facts, North America is expected to lead the military-specific packaging market during the forecast period.

Europe is also predicted to have a significant market share, followed by Asia Pacific.

The Asia Pacific region is anticipated to experience substantial growth owing to rising exports by South Asian economies includes India and China.

Key Players Covered

The report covers the profiles of key players such as Royco Packaging, Edco Supply Corporation, Adsorbents & Desiccants Corporation of America, Mil-Spec Packaging of GA, Inc., Cadillac Products Packaging Company, AccuSpec Packaging Corporation, Protective Packaging Corporation, Reid Packaging, Action Electronics, Inc., Export Corporation, GWP Group, and others.

Segmentation

Key Industry Developments

• In March 2021, Draper entered into a USD 14 million agreement with U.S. Department of Defense to enhance the country’s ability to produce next generation packaging solutions for computer chips embedded within defense systems.


• In November 2021, U.S. based packaging solutions provider Ameriqual Packaging bagged a USD 100 million contract from U.S. Department of Defense. The five-year contract includes providing ready-to-eat meals to Army, Navy, Air Force, Marine Corps, and other federal civilian agencies.