Industrial Packaging Market 2021 Demand and Business Analysis- IPS Packaging, Mondi Plc, Greif Inc., Mauser Packaging Solutions, Sealed Air Corporation

The report presents an in-depth assessment of the Industrial Packaging Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Industrial Packaging from 2021 till 2026. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The Industrial Packaging market was valued at USD 61.63 billion in 2019 and is expected to reach USD 81.19 billion by 2025, at a CAGR of 4.7% over the forecast period 2020 - 2025.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Industrial Packaging Market: IPS Packaging, Mondi Plc, Greif Inc., Mauser Packaging Solutions, Sealed Air Corporation, 61.6 Berry Global Inc., All American Containers Inc., Constantia Flexibles, Veritiv Corporation, Nefab AB, SCH†TZ GmbH & Co. KGaA and others.

Key Developments:

In February 2019. Greif company announced the addition of a new blow molder in its Alsip Intermediate Bulk Container (IBC) facility. This blow molder will double the current production capacity of IBC units in the Midwest of the United States. This investment puts at the forefront of the companys vision to be one of the best performing customer service company in industrial packaging In 2018.

Scope of the Report
Industrial Packaging is packaging for the manufacturers, for the big producers in business. Sometimes, standard packaging isnt enough for your product, and you need more protection to make sure your product stays safe, lasts longer, and makes it to your customer in the right condition standard wraps and papers cant protect from the harsh conditions, long shelf times, and environmental damage that industry products face, so having the right protection for your products is essential to maintaining quality and consistency.

Market Overview:

- The increasing volume of resources and products that are being transported across various regions is one of the primary factors that has led to the importance of bulk industrial packaging.
- The packaging used for the storage and transport of bulk liquid and granulated substances, such as food ingredients, solvents, chemicals, and pharmaceuticals, and industrial equipment, among others, in large quantities, are considered in the scope of the industrial packaging market.
- Over the last few decades, industrial packaging has received very scant attention when compared to consumer packaging. However, recently, governments and organizations across the world have come to realize the importance of safe and sustainable industrial packaging               

Regional Analysis For Industrial Packaging Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Key Trends:

Intermediate Bulk Container (IBC) Has Significant Share In The Market.

- IBCs are mainly used for the storage and handling of materials in the oil and gas, chemical, and petrochemical sectors. These containers are available in three forms which include flexible, rigid and foldable IBCs.
- Further, IBCs ensure product safety and cost-effective packaging solutions as well as helps in downgauging the overall packaging cost owing to its features, like multiple usages, large storage capacity, and usability with different industrial products.
- The need for corrosion-resistant materials, coupled with the suitability requirements for the storage and handling of both hazardous and non-hazardous liquid applications, has driven the use of intermediate bulk containers in the chemicals, pharmaceutical, food and beverage, and oil and lubricants sectors.
- The IBC market has witnessed significant growth over the forecast period owing to its ease in transportation and storage. This coupled with the increased import and export of chemicals and oil and gas across various regions have also complemented the market.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Industrial Packaging Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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