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Industrial Packaging Market Size, Share, Industry Trends and Forecast to 2030

Industrial Packaging Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.


  • Published date -30th Jan 2024

  • Formats -PDF, CSV

  • Region -Global

Industrial Packaging Market Size & CAGR in 2021

The global industrial packaging market had a market size of USD 62.32 billion in 2021. It is expected to grow at a CAGR of 4.5% from 2021 to 2028. The market is projected to reach USD 85.79 billion by 2028.

COVID-19 Impact on the Industrial Packaging Market

The COVID-19 pandemic had a significant impact on the industrial packaging market. The lockdowns and disruptions in supply chains caused a temporary slowdown in the market. However, with the increase in online shopping and e-commerce, the demand for industrial packaging materials saw a surge, especially in the healthcare and food sectors.

Industrial Packaging Dynamics

The industrial packaging market is driven by the growth in manufacturing industries, especially in emerging economies. The demand for sustainable and eco-friendly packaging solutions is also a key factor influencing the market. Additionally, the increasing focus on product safety and regulations regarding packaging materials contribute to the dynamics of the market.

Segments and Related Analysis

The industrial packaging market can be segmented based on the type of material, end-user industry, and region. The key materials used in industrial packaging include plastic, metal, paper, and wood. The end-user industries include food & beverage, automotive, electronics, healthcare, and others.

By Region Analysis

The industrial packaging market is segmented into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America currently dominates the market due to the presence of key players and technological advancements. However, the Asia Pacific region is expected to witness significant growth during the forecast period.

Key Market Players and Competitive Landscape

Some of the key players in the industrial packaging market include Amcor plc, International Paper Company, Bemis Company Inc., Sonoco Products Company, and Sealed Air Corporation. These companies focus on product innovation, strategic partnerships, and acquisitions to maintain their competitive position in the market.

Recent Happenings in the Industrial Packaging Market

In recent years, the industrial packaging market has witnessed several developments such as the introduction of sustainable packaging solutions, technological advancements in packaging materials, and the adoption of smart packaging technologies. Companies are also investing in research and development to meet the evolving needs of the market.

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