The industrial packaging market is estimated to grow from USD 54.94 Billion in 2016 to reach USD 93.28 Billion by 2026, at a CAGR of 5.4%.
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The base year considered for the study is 2015 and the market size is projected from 2016 to 2021 (mid-term) and 2016 to 2026 (long term).
In this report, the industrial packaging market is segmented on the basis of pack type, material, application, and region.
Target Audience of Industrial Packaging Market is as Follows
- Industrial label manufacturers
- Manufacturing organizations
- Automotive manufacturers
- Construction organizations
The distribution of primary interviews is as follows:
- By Company Type: Tier1 –55%, Tier2 –20%, and Tier3 –25%
- By Designation: C-level –75% and Manager Level –25%
- By Region: North America –10%, Europe –20%, Asia-Pacific – 40%, and RoW –30%
The industrial packaging market has been categorized based on pack type, material, application, and region. In terms of pack type, sacks segment accounted for largest market share, in terms of both value and volume which is projected to grow at highest CAGR.
Plastic packaging sacks are replacing paper and jute packaging because of their versatile properties such as flexibility, durability, lightweight, and low cost.
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In industrial packaging market terms of application, market segmented into chemicals & pharmaceuticals, food & beverages, building & construction, oil & lubricants, automobile, & others like rubber & plastic, agriculture, & metal fabrication. Industrial packaging widely used in chemical & pharmaceutical sectors wherein a majority of low volume chemical products are packed in sacks.
2 Market Share of Key Players
3 Grief, Inc.
4 Mondi PLC
5 Amcor Limited
6 Westrock Company
7 Competitive Situations & Trends
8 Mergers & Acquisitions Have Fueled the Growth of the Industrial Packaging Market, 2011–2016
9 Mergers & Acquisitions Were the Key Strategies Adopted By Major Players in the Industrial Packaging Market
10 Mergers & Acquisitions
11 Expansions & Divestitures
13 New Product Launches
Global industrial packaging ecosystem comprises industrial label & packaging manufacturers, vendors, and service providers. Avery Dennison Corporation (U.S.), 3M Company (U.S.), and Cenveo, Inc.
(U.S.), among others. The labels & packaging manufacturers include CCL Industries, Inc. (Canada), Bosch Packaging Technology (U.S.), H.B.
Fuller Co. (U.S.), DUNMORE (U.S.), Brady Corporation (U.S.), E. I. du Pont de Nemours and Company (DuPont) (U.S.), and American Packaging Machinery (U.S.), and Henkel Ag & Company (Germany).
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The industrial packaging market projected to grow at highest CAGR during forecast period. This growth attributed to increasing demand for industrial packaging in end-use industries like construction, automotive, consumer durables, & transportation & logistics.
Chemical & pharmaceuticals segment is projected to grow at the highest rate due increasing use of chemical in the manufacturing industry and other industrial applications.
The report will help the market leaders/new entrants in this market in the following ways:
- This report segments the industrial packaging market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions.
- The report helps stakeholders to understand the market and provides them information on key market drivers, restraints, challenges, and opportunities.
- This report will help stakeholders to better understand their competitors and gain more insights into their position in the business.
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