Industrial Packaging Market 2022 Size, Status and Global Outlook - IPS Packaging, Mondi Plc, Greif Inc., Mauser Packaging Solutions, Sealed Air Corporation, Berry Global Inc.

The Industrial Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Global Industrial Packaging Market was valued at USD 58.91 Billion in 2020 and is estimated to be worth USD 73.01 billion by 2026, registering a CAGR of 3.53% during the forecast period (2021 - 2026).

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Top Leading Companies of Industrial Packaging Market are IPS Packaging, Mondi Plc, Greif Inc., Mauser Packaging Solutions, Sealed Air Corporation, Berry Global Inc., All American Containers Inc., Constantia Flexibles, Industrial Packaging Supplies Inc., Veritiv Corporation, Nefab AB, SCHÜTZ GmbH & Co. KGaA, DS Smith PLC, Amcor PLC, Packaging Corporation of America, Pact Group Holdings Ltd, Visy, Brambles Ltd, Schaefer Container Systems and others.

Industry News and Updates

Jun 2020 - Mondi PLC announced a EUR 7 million investment in state-of-the-art paper sack converting machine at Mondi's plant in Nyregyhza, Hungary. The machine will increase the plant's quality, efficiency, and service standards to produce high-end and sophisticated paper sacks for food purposes.

- Apr 2020 - Greif expanded its IBC reconditioning network in North America by acquiring a minority investment stake in Centurion Container LLC. This partnership will enhance its capability in sustainable packaging solutions and increase its customer satisfaction rate.

Key Market Trends

United States is Expected to Witness Significant Growth

- The North American region is one of the largest regions for the pharmaceutical plastic packaging industry due to its large pharmaceutical manufacturing base and the ability to introduce technological advancements to pharmaceutical packaging. According to PMMI, The Association for Packaging and Processing Technologies, there are more than 700 North American Manufacturers of equipment, components, and materials for processing and packaging.

- The industrial packaging market in the United States is bolstered by the presence of major market players and strong manufacturing industries, such as chemicals, pharmaceuticals, food and beverages, and automotive.

- The rigid plastic IBCs are used in various industries, such as the food and beverage industry, industrial chemical industry, pharmaceutical industry, paints, inks, and dyes industry, and petroleum and lubricant industry. The Rigid Intermediate Bulk Container Association of North America fosters the interests of persons, firms, and corporations engaged in the business of manufacturing or assembling rigid intermediate bulk containers.

Regional Outlook of Industrial Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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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.

Analytical Tools: The 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.

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.

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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