The global industrial packaging market is estimated to grow at a CAGR of nearly 4.8% during the forecast period. Significant application in end-user industries and rising international trade are primarily driving the market growth. Industrial packaging has a potential application across industries for protection, shipping, and storing a comprehensive range of products. Normally, it is employed at the manufacturing site, after production. However, industrial packaging products can be utilized at any stage of the supply chain. This kind of packaging is normally utilized for sensitive products and products that are dependent heavily on stability. In addition, it is used for bulky or hazardous products or for components that are sensitive to each other.
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Industrial packaging is normally used by the highly sensitive equipment manufacturers, automotive industry, machinery manufacturers, technology industry, and others that need the protection of their products from everything ranging from moisture to vibrations. Protection is the major objective of properly designed packaging for industrial applications. Packaging which is designed for protection of industrial goods can ensure products’ safety during shipping and enables to preserve the product during long storage duration. It offers hermetically sealed protection against moisture, contaminants, and more. A comprehensive range of customizations is available for the protection of products that comprise environmental-friendly options. Some customizable options comprise dunnage bags, plastic pallets, covers, pouches, and more.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Industrial Packaging Market- Segmentation
By Product
- Intermediate Bulk Containers (IBCs)
- Drums
- Sacks
- Pails
- Crates
- Others
By Material
- Plastic
- Metal
- Wood
- Paperboard
- Others
By End-User Vertical
- Food and Beverage
- Chemical and Pharmaceutical
- Building and Construction
- Automotive
- Oil and Gas
- Others
Global Industrial Packaging Market– Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global industrial packaging market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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