The global industrial packaging market is projected to be valued at USD 76.40 billion by 2027, according to a current analysis by Emergen Research. The key factors driving the market are raising living standards, and increasing global trade.
A few essential characteristics of packaging make it an essential process in the comprehensive business model. These characteristics are customization as per needs, protection during shipment of goods, and protection against hazardous effluents. A primary objective of well-designed packaging of industrial goods is to ensure safety of products during shipment. Packaging engineers and professionals who design the packaging for industrial goods consider and analyze all critical and essential points before designing a customized packaging.
The global industrial packaging market is projected to remain in a competitive and highly fragmented landscape in the near future, consisting of several small start-ups, medium enterprises, and large conglomerates. During the forecast period, demand for customized packaging would be increasing rapidly.
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The report provides detailed insights into Industrial Packaging market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Industrial Packaging market size over the forecast period, 2020–2028. The report includes profiles of major players in the Industrial Packaging market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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Global Industrial Packaging market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the Industrial Packaging market.
Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Industrial Packaging market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Industrial Packaging market revenue growth to a significant extent over the forecast period.
Top key vendors in Industrial Packaging Market include are:
Amcor Limited,
WestRock Company,
Mauser Group,
Mondi Plc,
Sigma Plastics Group,
Greif Inc,
Orora Limited,
Bemis Company Inc,
International Paper Company, and
Sonoco
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Application Outlook (Revenue: USD Billion; Volume: Million MetricTons; 2017–2027)
- Building Construction
- Food Beverage
- Automotive
- Pharmaceutical
- Others
- Material Outlook (Revenue: USD Billion; Volume: Million MetricTons; 2017–2027)
- Wood
- Metal
- Plastic
- Paperboard
- Product Type Outlook (Revenue: USD Billion; Volume: Million MetricTons; 2017–2027)
- Sacks
- Drums
- Boxes
- Crates
- Others
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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Industrial Packaging Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Region wise performance of the Industrial Packaging industry
North America Industrial Packaging market revenue growth was relatively higher than that of other regional markets in 2020. North America market revenue is expected to continue to remain dominant over the forecast period, supported majorly by robust presence of major players in countries in the region and expansion of overall economic Industrial Packaging growth strategies and initiatives.
Asia Pacific Industrial Packaging market revenue registered the fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Industrial Packaging market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. Increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries are some key factors driving Industrial Packaging market revenue growth in Asia Pacific.
Europe Industrial Packaging market revenue is expected to continue to remain steady over the forecast period. This can be attributed to changing Industrial Packaging market trends in countries in other major regions and robust focus on research and development initiatives by major firms in the region with the objective to leverage opportunities and drive Industrial Packaging revenue growth.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Industrial Packaging industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Industrial Packaging market across different regions?
- Who are the major driving forces expected to decide the fate of the Industrial Packaging industry worldwide?
- Who are the prominent market players making a mark in the Industrial Packaging market with their winning strategies?
- Which Industrial Packaging industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Industrial Packaging market?
Table of Content
Chapter 1. Methodology Sources
1.1. Industrial Packaging Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Industrial Packaging Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Industrial Packaging Market Segmentation Impact Analysis
4.1. Industrial Packaging Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Industrial Packaging Market indicators analysis
4.2.2. Industrial Packaging Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Industrial Packaging Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Industrial Packaging products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Industrial Packaging Market Revenue Share By Manufacturers
10.2. Mergers Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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