The global industrial packaging market size reached USD 61.48 Billion in 2021 and is expected to register a revenue CAGR of 4.6% during the forecast period, according to latest analysis by Emergen Research. Optimization of shipping container size, increasing adoption of industrial packaging due to rising preference for bulk online orders of various products, and need for more robust packaging for specific items and products are some major factors driving market revenue growth.

The research report additionally covers the impact of the COVID-19 pandemic on the Industrial Packaging market and its key segments. The pandemic has dynamically altered the market landscape The latest report on the global Industrial Packaging industry is expected to be one of the most sought-after ones, as it offers the latest coverage of the significant effects of the COVID-19 pandemic on all segments of the market. The global economic landscape has undergone unprecedented changes due to the global health crisis. The report studies the impact of COVID-19 on the market and analyzes key changes in trends and growth patterns. It also includes an estimate of the current and future impact of COVID-19 on overall industry growth.

Get a sample of the report @ https://www.emergenresearch.com/request-sample/424

Industrial Packaging Market Competitive Terrain:

Greif, Inc., Sonoco Products Company, Berry Global Inc., Amcor plc, Mondi, WestRock Company, Orora Packaging Australia Pty Ltd., BWAY Corporation, Snyder Industries, and Chem-Tainer Industries.

Global Industrial Packaging Market Segmentation:

Emergen Research has segmented the global industrial packaging market on the basis of product type, technology, application, material, and region:

Product Type Outlook (Revenue, USD Billion; 2019–2030)

Drums

Intermediate Bulk Container (IBC)

Sacks

Pails

Crates

Corrugated Boxes

Others

Technology Outlook (Revenue, USD Billion; 2019–2030)

Injection Molding

Extrusion

Blow Molding

Thermoforming

Others

Application Outlook (Revenue, USD Billion; 2019–2030)

Chemical

Pharmaceutical

Food & Beverage

Building & Construction

Automotive

Oil & Lubricant

Others

Material Outlook (Revenue, USD Billion; 2019–2030)

Plastics

Metal

Wood

Paperboard

 Request a discount on the report @ https://www.emergenresearch.com/request-discount/424

Some Key Highlights from the Report

By product type, the corrugated boxes segment accounted for largest revenue share in 2021. Corrugated boxes are widely preferred across a wide variety of end-use applications and sectors, including food & beverages, pharmaceutical, and automotive industries, among numerous others. High preference due to simple solution, low-cost, and lightweight properties are key factors expected to continue to drive revenue growth of the segment going ahead.

By application, the food & beverage segment accounted for largest revenue share in 2021, owing to bulk stocking by a number of panicked consumers during the COVID-19 pandemic. Essential commodities such as Fast-moving Consumer Goods (FMCG), packaged meals, and fresh food via e-Commerce platforms witnessed a rapid rise, and this was true even for bulk ordering. In addition, increasing number of companies and individuals making bulk purchases online is expected to support revenue growth of this segment.

Industrial packaging market in North America is expected to register a significantly fast revenue CAGR over the forecast period as major market players in industrial packaging such as Amcor Ltd., Mondi PLC, and others, are investing in Research and Development (R&D) and innovation in more innovative industrial materials and techniques.

Industrial Packaging Market Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the report provides a qualitative and quantitative analysis of the Global Industrial Packaging market including the global and regional analysis of the market. The study covers critical information and factual data about the Industrial Packaging market industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Industrial Packaging market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Industrial Packaging market industry.

Request customization on the report @ https://www.emergenresearch.com/request-for-customization/424

Thank you for reading our report. To know more about the customization of the report, please get in touch with us, and our team will ensure the report is suited to your requirements.

Take a Look at our Related Reports:

Speaker Driver Market https://www.digitaljournal.com/pr/speaker-driver-market-opportunities-top-manufactures-size-regional-analysis-and-global-forecast-to-2028

Injectable Drug Delivery Market https://www.digitaljournal.com/pr/injectable-drug-delivery-market-global-analysis-statistics-revenue-demand-and-trend-analysis-research-report-by-2030

Functional Fibers Market https://www.digitaljournal.com/pr/functional-fibers-market-share-industry-growth-trend-drivers-challenges-key-companies

Power to Gas Market https://www.digitaljournal.com/pr/power-to-gas-market-key-players-competitive-landscape-growth-statistics-revenue-and-industry-analysis-report-by-2027

Food Certification Market https://www.digitaljournal.com/pr/food-certification-market-by-global-business-opportunity-development-growth-factors-applications-analysis-and-future-prospects

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting

Read Press Release@  https://www.emergenresearch.com/press-release/global-industrial-control-systems-security-market

Latest Reports    Industrial Control Systems Security Market    Closed Loop Marketing Market

Trending Reports    Ultra High Temperature Milk Market      Unmanned Aerial Vehicle Market