Industrial Packaging Market Research Study on Revenue, Statistics, Industry Growth, and Demand by 2030

The "Global Industrial Packaging Market" research by Emergen Research is a thorough compilation of analytical data regarding the Industrial Packaging sector. The research contains a market segmentation for Industrial Packaging as well as a thorough evaluation of the market's size (both in terms of volume and value). The study analyzes the present Industrial Packaging market and provides a detailed prediction for the years 2022–2030. The Industrial Packaging Market Research offers a thorough analysis of each market vertical, segment, end-use industry, application, and region's historical, present, and projected revenue.

The global industrial packaging market size reached USD 61.48 billion in 2021 and is expected to register a revenue CAGR of 4.6% during the forecast period, according to the latest analysis by Emergen Research. Optimization of shipping container size, increasing adoption of industrial packaging due to rising preference for bulk online orders of various products, and the need for more robust packaging for specific items and products are some of the major factors driving market revenue growth.

A wide variety of products are packaged in bulk, shipped, and stored, and a number of products require robust packaging to prevent damage, contamination, and exposure to the elements. Industrial packaging includes specialized, heavy-duty packaging that is ideal for enhanced protection during transporting or shipping and while products are in storage or delivered. Increasing focus on ensuring bulk product safety, deterring pilferage or tampering, and preventing damage and potential losses are major factors driving revenue growth. Industrial packaging is widely used in manufacturing plants or industrial facilities to package new equipment, electrical components, accessories, parts, and components, as well as bulk packaging of similar products for transportation and delivery. Industrial packaging is also used at any phase of the supply chain, depending on the products, type of product, weather conditions, and/or mode of transportation, shipping, and delivery. Increasing demand and supply of products such as lubricants, oils, chemicals, and others is driving the need for more robust, sturdy, and, importantly, safe packaging to ensure safe passage along the supply chain.

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Global Industrial Packaging Market Highlights:

Regional demand estimation and forecast
Product Mix Matrix
RD Analysis
Cost-Benefit Analysis
Pre-commodity pricing volatility
Supply chain optimization analysis
Technological updates analysis
Raw Material Sourcing Strategy
Competitive Analysis
Mergers Acquisitions
Location Quotients Analysis
Carbon Footprint Analysis
Patent Analysis
Vendor Management

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Industrial Packaging market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Industrial Packaging market and pinpoint the fundamental growth trends.

Key Companies Profiled in the Report are:

Greif, Inc., Sonoco Products Company, Berry Global Inc., Amcor plc, Mondi, WestRock Company, Orora Packaging Australia Pty Ltd., BWAY Corporation, Snyder Industries, and Chem-Tainer Industries

Key Parameters Analyzed in This Section:

Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales distribution channels

Regional Segmentation:

North America
Latin America
Europe
Middle East Africa
Asia Pacific

Key Points Covered in This Section:

Regional contribution
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate

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Some Key Highlights from the Report

By product type, the corrugated boxes segment accounted for largest revenue share in 2021. Corrugated boxes are widely preferred across a wide variety of end-use applications and sectors, including food beverages, pharmaceutical, and automotive industries, among numerous others. High preference due to simple solution, low-cost, and lightweight properties are key factors expected to continue to drive revenue growth of the segment going ahead.
By application, the food beverage segment accounted for largest revenue share in 2021, owing to bulk stocking by a number of panicked consumers during the COVID-19 pandemic. Essential commodities such as Fast-moving Consumer Goods (FMCG), packaged meals, and fresh food via e-Commerce platforms witnessed a rapid rise, and this was true even for bulk ordering. In addition, increasing number of companies and individuals making bulk purchases online is expected to support revenue growth of this segment.
Industrial packaging market in North America is expected to register a significantly fast revenue CAGR over the forecast period as major market players in industrial packaging such as Amcor Ltd., Mondi PLC, and others, are investing in Research and Development (RD) and innovation in more innovative industrial materials and techniques.

Market Overview:

The report bifurcates the Industrial Packaging market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

Product Type Outlook (Revenue, USD Billion; 2019–2030)

Drums
Intermediate Bulk Container (IBC)
Sacks
Pails
Crates
Corrugated Boxes
Others

Technology Outlook (Revenue, USD Billion; 2019–2030)

Injection Molding
Extrusion
Blow Molding
Thermoforming
Others

Application Outlook (Revenue, USD Billion; 2019–2030)

Chemical
Pharmaceutical
Food Beverage
Building Construction
Automotive
Oil Lubricant
Others

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Additional information offered by the report:

Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Cobots market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.

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