[Market Report] Global Market for Industrial Packaging
Report ID: AA1023829
The global market for industrial packaging is expected to continue steady growth, reaching 116.3 billion USD by 2031.
The global industrial packaging market is on a consistent growth trajectory, supported by its extremely important role in protecting products during transportation and storage across various industries. In 2022, the market boasted significant revenues of approximately 69.52 billion US dollars, and industry experts predict a robust compound annual growth rate (CAGR) of 5.89% during the forecast period from 2023 to 2031. This trajectory is expected to yield impressive results, with the market projected to reach 116.3 billion US dollars by 2031. Industrial packaging serves as a critical link in the supply chains of numerous products, including chemicals, pharmaceuticals, food and beverages, electronics, and automotive parts. Its primary functions are to ensure product safety, maintain quality, and facilitate efficient logistics, making it an essential element of modern manufacturing and distribution. For application methods, please check the [PDF download] button or apply directly through the related links.
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Overview of Segmentation The global industrial packaging market is classified based on products, end-user industries, and regions. By Product Intermediate Bulk Containers (IBC) Sacks Drums Pails Others By End-User Industry Automotive Food and Beverage Chemicals and Pharmaceuticals Oil, Gas, and Petrochemicals Construction and Building Others Key Companies: Mondi PLC Greif Inc Mauser Packaging Solutions Global-Pak Inc Berry Global Inc Smurfit Kappa Group Plc Tank Holding Corp International Paper Company Veritiv Corporation Nefab Group SCHÜTZ GmbH & Co. KGaA DS Smith Plc Amcor Plc Pact Group Holdings Ltd Visy Brambles Ltd Snyder Industries LLC Myers Containers
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