A research study on the worldwide Industrial Packaging market has been released by Emergen Research to provide in-depth analysis of both established and developing market trends as well as significant industry advancements. In-depth information regarding market size, revenue growth, drivers, restraints, potential prospects, and challenges is included in the study. Additionally, the study offers details on many segments, including top firms, product kinds, applications, and regional division. The study is well-presented utilising a variety of pictorial presentations, including tables, graphs, charts, and figures. It is curated using primary and secondary research that has been carefully reviewed by industry specialists.
The global industrial packaging market size reached USD 61.48 Billion in 2021 and is expected to register a revenue CAGR of 4.6% during the forecast period, according to latest analysis by Emergen Research. Optimization of shipping container size, increasing adoption of industrial packaging due to rising preference for bulk online orders of various products, and need for more robust packaging for specific items and products are some major factors driving market revenue growth.
A wide variety of products are packaged in bulk, shipped, and stored and a number of products require robust packaging to prevent damage, contamination, and exposure to the elements. Industrial packaging includes specialized, heavy duty packaging that is ideal for enhanced protection during transporting or shipping, and while products are in storage or delivered. Increasing focus on ensuring bulk product safety, deter pilferage or tampering, and to prevent damage and potential losses are major factors driving revenue growth. Industrial packaging is widely used in manufacturing plants or industrial facilities to package new equipment, electrical components, accessories, parts and components, and bulk packaging of similar products for transportation and delivery. Industrial packaging is also used at any phase through the supply chain depending on the products, type of product, weather conditions, and/or mode of transportation, shipping, and delivery. Increasing demand and supply of products such as lubricants, oils, chemicals, and others is driving need for more robust, sturdy, and importantly – safe – packaging to ensure safe passage along the supply chain.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
Greif, Inc., Sonoco Products Company, Berry Global Inc., Amcor plc, Mondi, WestRock Company, Orora Packaging Australia Pty Ltd., BWAY Corporation, Snyder Industries, and Chem-Tainer Industries
Segments Covered in this report are:
Product Type Outlook (Revenue, USD Billion; 2019–2030)
- Drums
- Intermediate Bulk Container (IBC)
- Sacks
- Pails
- Crates
- Corrugated Boxes
- Others
Technology Outlook (Revenue, USD Billion; 2019–2030)
- Injection Molding
- Extrusion
- Blow Molding
- Thermoforming
- Others
Application Outlook (Revenue, USD Billion; 2019–2030)
- Chemical
- Pharmaceutical
- Food Beverage
- Building Construction
- Automotive
- Oil Lubricant
- Others
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Regional Landscape section of the Industrial Packaging report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Research Report on the Industrial Packaging Market Addresses the Following Key Questions:
Who are the dominant players of the Industrial Packaging market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Industrial Packaging market?
What are the key growth drivers and restraining factors of the Industrial Packaging market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Industrial Packaging market and its key segments?
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