Global Industrial Packaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2018–2027
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May 2023
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“Global Industrial Packaging Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global industrial packaging market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. Global industrial packaging market report has been segmented on the basis of material, product, packaging type, packaging type, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our researchers have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Overview:
Industrial packaging comprises of protected storage, transportation, and handling of goods in bulk quantities from manufacturing point to distribution point where they are packaged for the end customers. Global industrial packaging market is estimated to register substantial growth, owing to increasing trade activities across the globe.
Market Dynamics:
Global industrial packaging market is expected to register significant growth, owing to increasing import and export of products across various regions. In addition, exponential growth of manufacturing industries such as automobile, chemicals, pharmaceuticals, etc., are expected to fuel demand for industrial packaging which is expected to propel growth of the target market. Global Industrial packaging market is expected to gain significant traction, owing to availability of innovative packaging solutions, and customization of packaging according to consumer requirements.
However, packaging of industrial goods has to be done cautiously, since some of goods are flammable in nature, leading to a possibility of damage during packaging, as well as transportation, owing to extreme weather conditions and some other factors. Moreover, stringent government regulations regarding of usage of plastic materials can limit growth of the global industrial packaging market to a certain extent.
Regional Insights:
Market in Asia Pacific is expected to register significant growth, owing to increasing industrialization in the region. In addition, increasing disposable income, and increasing demand for premium packaged products are generating demand for sustainable packaging solutions, which in turn will boost growth of the target market. The region has presence of a strong manufacturing base in countries such as China, India, Japan, South Korea, etc., which is estimated to fuel growth of the target market.
Markets in North America and Europe are estimated to register substantial growth, owing to technological advancements, and new product development. In addition, increasing industrial setup, and increasing disposable income are some factors expected to support growth of the target market in the region. Markets in Latin America, and Middle East and Africa are expected to grow at moderate rate in the global industrial packaging market.
Segmentation and Key Players Operating in Global Industrial Packaging Market:
Segmentation by material:
- Metal
- Plastic
- Paper and Wood
- Fiber
Segmentation by product:
- Drums
- IBCs
- Sacks
- Pails
- Crates
- Bulk Boxes
Segmentation by packaging type:
- Rigid
- Flexible
Segmentation by end use:
- Agriculture and Horticulture
- Automotive
- Building and Construction
- Chemicals and Pharmaceuticals
- Engineering
- Food and Beverages
- Metal Products
- Oil and Lubricants
- Plastics and Rubber
- Electronics
- Tobacco
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Smurfit Kappa Group
- Tekni-Films, Inc.
- Sealed Air Corp.
- International Paper Company
- Grief Inc.
- Nefab Group
- Sonoco Products
- AmeriGlobe LLC
- Deufol SE
- Super Sack Bag Inc
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