Industrial packaging Market 2018-2023 | Gl;obal Key Companies Review - International Paper Company, Mondi plc, Amcor Limited, WestRock Company, Greif Inc and Others

Global Industrial Packaging Market Information: By Packaging Type (Flexible & Rigid), Materials (Metal, Plastic, Paper, And Wooden), Products (Bags, Boxes, Sacks, Barrels, Tanks, And Others), End-User, And Region - Global Forecast To 2023

Global industrial packaging market is expected to grow at a CAGR of ~5% during the forecast period, 2017-2023.

Some of the key players in the global industrial packaging market are Greif, Inc. (U.S.), Mondi plc (Austria), Amcor Limited (Australia), WestRock Company (U.S.), International Paper Company (U.S.), Bemis Company, Inc. (U.S.), Orora Limited (Australia), Mauser Group (Germany), Sigma Plastics Group (U.S.), Wuxi Sifang Drums Limited Company (China), NEFAB GROUP (Sweden), Sonoco Products Company (U.S.), AmeriGlobe LLC (U.S.), Schoeller Allibert (The Netherlands), and Sealed Air Corporation (U.S.).

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Some of the key players in the global industrial packaging market are Greif, Inc. (U.S.), Mondi plc (Austria), Amcor Limited (Australia), WestRock Company (U.S.), International Paper Company (U.S.), Bemis Company, Inc. (U.S.), Orora Limited (Australia), Mauser Group (Germany), Sigma Plastics Group (U.S.), Wuxi Sifang Drums Limited Company (China), NEFAB GROUP (Sweden), Sonoco Products Company (U.S.), AmeriGlobe LLC (U.S.), Schoeller Allibert (The Netherlands), and Sealed Air Corporation (U.S.).

Segmentation

Global industrial packaging market has been segmented based on packaging type, materials, products, end-user, and region. Based on the packaging type, the market is segmented into flexible & rigid. Among these, the flexible packaging is anticipated to drive the global industrial packaging market over the forecast period, 2017-2023. The growing need for plastic-based flexible packaging products and the diversified application of the flexible packaging is driving this segment. Based on the materials the market is segmented into metal, plastic, paper, and wood. Plastic dominated the market in 2016 and is anticipated to be the fastest-growing material segment for Industrial Packaging. The demand for the plastic as in industrial packaging is expected to continue owing to its easy availability and economical rates. Based on the products, the market is segmented into bags, boxes, sacks, barrels, tanks, and others. Boxes dominated the product segment in 2016 and are expected to witness a phenomenal growth over the forecast period. The dominant position of the segment is due to their rigidity and ability to cater each type of good. Boxes can be made to order as per client requirement and easy to transport varying from small to heavy and even bulky goods. Based on the end-user, the market is segmented into food & beverages, construction, chemicals & pharmaceuticals, electronics, and others. Industrial packaging is broadly utilized in the chemicals & pharmaceuticals sectors wherein mainstream low volume chemical products are packaged in the sacks. Additionally, rise in the geriatric population and increase in the occurrences of chronic diseases, the utilization of the bulk packaging in pharmaceutical is also growing. However, food & beverage segment is anticipated to grow at the highest CAGR over the forecast period owing to the collective demand for the convenience food from customers across the world.

The global industrial packaging market is highly fragmented owing to the existence of the numerous international, regional and local vendors. Manufacturers of the industrial packaging products cater to their unique, innovative solutions at a lower price as compared to the international vendors, resulting in intense price battle. The minor and local vendors contest in terms of features, quality, and range of offerings and cost. Many manufacturers and vendors are coming up with innovative products that can be used in all the major end-use industries to withstand the level of rivalry in the market.

Global industrial packaging market is expected to grow at a CAGR of ~5% during the forecast period, 2017-2023

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Industrial Packaging Market

The global industrial packaging market is spanned across North America, Europe, Asia Pacific and Rest of the World. Among these, Asia Pacific is anticipated to be the largest market and may witness remarkable growth and over the forecast period. The growth in the Asia Pacific region is primarily driven by the increasing industrialization and urbanization, rising consumer spending, and changing lifestyle. North America is expected to be the second largest contributor in the market owing to the rise in the import & export activities. Moreover. North American Free Trade Agreement (NAFTA) is projected to boost the market growth further. Europe held the third largest market share in 2016 due to strong demand from the food & beverages and pharmaceutical industry for industrial packaging.

Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types

Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators

Geographic Analysis
• Geographical analysis across 15 countries

Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies

Brief TOC :

1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By PackagingType
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures

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