The global industrial packaging market is projected to be valued at USD 76.40 billion by 2027, according to a current analysis by Emergen Research. The key factors driving the market are raising living standards, and increasing global trade.
The report studies the impact of the COVID-19 pandemic on the Industrial Packaging market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.
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Key players in the market are Amcor Limited, WestRock Company, Mauser Group, Mondi Plc, Sigma Plastics Group, Greif Inc, Orora Limited, Bemis Company Inc, International Paper Company, and Sonoco
Segmental Analysis
The global Industrial Packaging market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Industrial Packaging sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
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Further Key Findings from Report Suggest:
- In December 2020, Amcor Limited and Mars Food announced an industry-first move to launch recyclable microwavable rice pouch. Mars Food, in partnership with Amcor Limited, would be launching the first food-safe, mono-material microwavable rice pouch at the beginning of 2021.
- Industrial packaging is often ignored when the thought of the production of goods comes to mind. When choosing what kind of packaging consumers want while purchasing the products , they usually select eco-friendly and within their budget. The packaging should match the size of the products, the right size packaging impacts the consumer’s mind, but somehow the right size packaging concept also gets ignored.
- Strict guidelines and laws, rapid industrialization, and rising living standards in North America are factors boosting the market in the region. The industrial packaging market in the region has witnessed strong growth, with the entry of some of the major organizations in pharmaceutical, chemical, and food & beverage industries.
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For the purpose of this report, Emergen Research has segmented the global industrial packaging market based on application, material, product type, and region:
- Application Outlook (Revenue: USD Billion; Volume: Million MetricTons; 2017–2027)
- Building & Construction
- Food & Beverage
- Automotive
- Pharmaceutical
- Others
- Material Outlook (Revenue: USD Billion; Volume: Million MetricTons; 2017–2027)
- Wood
- Metal
- Plastic
- Paperboard
- Product Type Outlook (Revenue: USD Billion; Volume: Million MetricTons; 2017–2027)
- Sacks
- Drums
- Boxes
- Crates
- Others
- Regional Outlook (Revenue: USD Billion; Volume: Million MetricTons; 2017–2027)
- North America
- S.
- Canada
- Europe
- Russia
- K.
- Germany
- France
- BENELUX
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- Rest of MEA
- North America
Key Points of Industrial Packaging Market:
- Extensive coverage of the analysis of the Industrial Packaging market
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Industrial Packaging market
- Complete data about the key manufacturers and vendors in the Industrial Packaging market
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
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