Industrial Packaging Market 2023 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Grief Inc., Mondi PLC, Amcor Limited, Westrock Company, International Paper Company, Bemis Company Inc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the industrial packaging market report by The Business Research Company, the increase in demand for food products across the globe is expected to propel the growth of the industrial packaging market.

The global industrial packaging market size grew from $69.66 billion in 2022 to $75.04 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The industrial packaging market size is expected to grow to $95.3 billion in 2027 at a CAGR of 6.2%.

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https://www.thebusinessresearchcompany.com/report/industrial-packaging-global-market-report

Major players in the industrial packaging market are Grief Inc., Mondi PLC, Amcor Limited, Westrock Company, International Paper Company, Bemis Company Inc., AmeriGlobe, Sigma Plastics Group, Sealed Air, Sonoco Products Company, Smurfit Kappa, Packaging Corporation of America, Tank Holding Corp, Schaefer Container Systems, WERIT Kunststoffwerke Schneider GmbH & Co KG and Cascades Inc.

The Industrial Packaging market is segmented -
1) By Product: Drums, Intermediate Bulk Containers (IBCs), Sacks, Pails, Crates/Totes
2) By Material: Paperboard, Plastic, Metal, Wood, Fibe
3) By Application: Chemical And Pharmaceutical, Building And Construction, Food And Beverage, Oil and Lubricant, Agriculture And Horticulture, Others (Plastics And Rubber, Automobile, Engineering, And Other Metal Products)

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Industrial packaging refers to packaging that helps protect, ship, and store delicate items that rely largely on stability. It is frequently used by producers of machinery, particularly delicate equipment, technology, and other products that need to be protected from anything from moisture to vibrations.

The Table Of Content For The Industrial Packaging Market Include:
1. Executive Summary
2. Industrial Packaging Market Characteristics
3. Industrial Packaging Market Trends And Strategies
4. Industrial Packaging market - Macro Economic Scenario
5. Industrial Packaging Market Size And Growth
……
27. Industrial Packaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Industrial Packaging Market
29. Industrial Packaging Market Future Outlook and Potential Analysis
30. Appendix

The "Global Industrial Packaging Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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