a package for storing and shipping flat panel products includes a shock - absorbing inner protective material , a telescoping outer packaging material , adjustable to the size of the product being shipped , and an outer binder , such as a plastic banding material . the inner wrapping material is provided around a circumferential edge of the product and is secured in place . the outer protective packaging material is provided around the wrapped product , adjusted to the appropriate size , and is bound in place with a plastic banding material which is wrapped longitudinally and secures the lateral and longitudinal position of the product within the package . the telescoping package includes slots for receiving and retaining the plastic banding material in position .