Press release
Global Industrial Packaging market is growing at a double digit CAGR in 2017-2022 and is expected to reach USD ~ Bn by 2027 - Ken Research
The Global Industrial Packaging Market is largely driven by changing demand for sustainable and recyclable industrial packaging products keeping in view the health and environmental issues.
Global Industrial Packaging Market is at a growing stage. It is a fragmented market with the presence of many packaging companies. The packaging market has seen emergence of abundant players in the past 5 years and the industry will further boost owing to the needs and wants of consumers for a more personalized learning platform.
Few major global Industrial players are WERIT Kunststoffwerke W. Schneider GmbH & Co, Mondi Plc, Greif Inc, Mauser Packaging Solutions, WestRock Company. The high growth rate can be attributed to many middle-income groups in developing countries like India, a preferred market for vendors.
An increase in awareness and lifestyle changes is the fundamental driver of Packaging market growth. Customers are more likely to remain loyal when their needs are customized. Depending on the size, texture, color, and design of the beverage packaging, the packaging solutions can be customized.
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Global Industrial Packaging Market by product type
The Global Industrial Packaging market is segmented by product type. Corrugated boxes were the most dominant form of provider used in the global beverage market in 2022.
Global Industrial Packaging market by kind of material
The Global Industrial Packaging market is segmented by kind of material into Plastic, Wood, Metal, Paperboard and Others. Paperboard was the most dominant in 2022.
Global Industrial Packaging Market By End User
The Global Industrial Packaging market is segmented by End User into Food & beverage, Automotive, Pharmaceutical, Chemical, Oil & Lubricant, Building & Construction, Others. Food & beverage was the most preferred form of course in 2022 in Global Industrial Packaging market.
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Global Industrial Packaging Market By Region
The Global Industrial Packaging market is segmented by Region into North America, Europe, Asia Pacific, Middle East & Africa and South America. Asia Pacific held the major market share in Global Industrial Packaging market in 2022.
Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report
Packaging Machinery Manufacturers
Packaging Machinery Investors
Packaging Machinery Providers
Packaging Machinery Suppliers
Packaging Machinery Components Suppliers
Allied Industries of Packaging Machinery
Government Ministries and Departments of Engineering Industry
Packaging Machinery Research and Development Companies
Potential Entrants into Packaging Machinery Industry
Time Period Captured in the Report
Historical Period: 2017-2022
Base Period: 2022
Forecast Period: 2022-2027
For more insights on market intelligence, refer to the link below: -
https://www.kenresearch.com/industry-reports/global-industrial-packaging-market
Ken Research
Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
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