Publishing: November 2021 | Report Code: CM10851 | Available Format: PDF
Industrial packaging is gaining momentum due to innovative packaging solutions and customization available for these, according to customers’ requirements. The global industrial packaging market has been segmented on the basis of type, material, product, and end-user industry. On the basis of packaging type, the global market has been segmented into rigid and flexible. On the basis of material, the global market has been categorized into metal, plastic, paper and wood. On the basis of packaging type, the global market has been segmented into drums, intermediate bulk containers, crates, sacks and pails. On the basis of end-user industry, the global market has been segmented into chemicals and petrochemicals, agriculture and horticulture, building and construction, oil and lubricants, food and beverages, electronics and others.
The global industrial packaging market is expected to witness significant growth, during the forecast period (2016-2022), owing to various factors such as growing demand for packaging in APAC, high demand from food and beverages industry, stringent safety regulations, and technological advancements. Proper packaging for safe material handling, storage and transportation is required across various applications, ranging from products of daily use to industrial machinery. The demand for industrial packaging is increasing on account of growing application in various industries such as chemicals, construction and infrastructure, oil and gas, petrochemicals, automotive, industrial machinery, food and beverages, agriculture and metal fabrication. The high input costs and recycling and environmental concerns are the major challenges being faced by the global industrial packaging market, which are likely to inhibit its growth, during the forecast period.
Asia-Pacific is expected to be the fastest growing region in the global industrial packaging market, during the forecast period. The emerging economies of China, India, Thailand, Malaysia, South Korea and Vietnam are driving the regional industrial packaging market. These countries have significant demand for packaging materials for safe handling, storage and transportation from various industries such as electronics, oil and gas, petrochemicals, automotive, agriculture, chemicals, construction, metal fabrication and food and beverages. The stringent safety and environmental regulations are allowing these industries to develop and innovate eco-friendly and recyclable packaging products. Additionally, increasing urbanization and industrialization, rising consumer spending and changing lifestyles are the key factors driving the growth of the global industrial packaging market. The North American and European markets for industrial packaging are being driven by technological advancements for product development in packaging. The South American market for industrial packaging is expected to witness significant growth, during the forecast period, due to growing industrial set up, increasing disposable income and rise in living standards.
Some of the key players in the global industrial packaging market include Avery Dennison Corporation, 3M Company, CCL Industries, Inc., Smurfit Kappa Group Plc., Grief Inc, Nefab AB, International Paper Company, SCHÜTZ GmbH & Co. KGaA, Bosch Packaging Technology, H.B. Fuller Co., DUNMORE Corporation and E. I. DuPont de Nemours and Company.
Global Industrial Packaging Market Segmentation
By Packaging Type
By End-User Industry
Get a bespoke market intelligence solution
Our dedication to providing the most-accurate market information has earned us verification by Dun & Bradstreet (D&B). We strive for quality checking of the highest level to enable data-driven decision making for you
Our insights into the minutest levels of the markets, including the latest trends and competitive landscape, give you all the answers you need to take your business to new heights
With 24/7 research support, we ensure that the wheels of your business never stop turning. Don’t let time stand in your way. Get all your queries answered with a simple phone call or email, as and when required
We take a cautious approach to protecting your personal and confidential information. Trust is the strongest bond that connects us and our clients, and trust we build by complying with all international and domestic data protection and privacy laws