Industrial Packaging is the packaging that is used to deliver goods from producer to consumer. The key drivers for the growth of industrial packaging market are increased globalization and international trade. Additionally innovation progression, which has reduced the cost of transportation along with liberalization of trade and capital market, has increased export import activities, which ultimately stimulates the growth of industrial packaging market. On the basis of region, Asia-Pacific is the largest market by value and volume both. The Industrial Packaging Market is expected to grow at CAGR of 5% by 2022
Industrial packaging Market Key Players
- International Paper Company
- Grief Inc., Nefab Group
- Mondi Group
- Amcor Ltd
- Bemis Company Inc.
- Orora Group
- Mauser Group
- Sigma Plastics Group
- Wuxi Sifang Drums Limited Company
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Market Research Analysis
The market is highly application based. The factors contributing to the growth of the Industrial Packaging Market are, continuously growing end-use industries such chemicals, food & beverages & others, increasing export & import activities and the use of container liners. The market is expected to have higher growth rate as compared to the previous years. Asia-Pacific is the largest region for the Industrial Packaging Market.
This study provides an overview of the Global Industrial Packaging Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Industrial packaging market as Packaging Type, Materials, Products and End-User.
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