PUBLISHER: IMARC | PRODUCT CODE: 1298727
PUBLISHER: IMARC | PRODUCT CODE: 1298727
Industrial Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global industrial packaging market size reached US$ 59.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 75.2 Billion by 2028, exhibiting a growth rate (CAGR) of 3.7% during 2023-2028.
Industrial packaging refers to specific, heavy-duty customized packing solutions that are designed for wrapping, containing, and sealing finished fast-moving consumer goods (FMCG) during storage and distribution procedures. These packages are manufactured from various materials, including plastic, metal, paperboard, fiber, and wood, for ensuring stability by securing bulky products from vibrations and moisture. This, in turn, assists manufacturers in eliminating the risk of external contamination, maintaining quality, avoiding damage, extending product shelf-life, and enabling personalized branding. At present, industrial packaging is commercially available in varying types, such as protective films, pails, intermediate bulk containers (IBC), corrugated boxes, and drums.
Industrial Packaging Market Trends:
The widespread adoption of industrial packaging across the pharmaceuticals, cosmetics, personal care, and food and beverages (F&B) sectors on account of increasing demand for effective packaging solutions for ensuring product quality, safety, and efficacy, while increasing its shelf-life is currently driving the market growth. This is further supported by the deployment of several modern technologies by manufacturing companies for producing recyclable pouches and aluminum cans in varying types of thicknesses, densities, and strength. In line with this, the shifting inclination of consumers toward online shopping and e-commerce platforms due to the sudden outbreak of coronavirus diseases (COVID-19) pandemic and the consequent implementation of the mandatory lockdowns across the globe is acting as another growth-inducing factor. Additionally, the extensive utilization of low-density polyethylene (LDPE), polyvinyl chloride (PVC), and polypropylene (PP)-based plastic packaging in diverse industrial verticals due to their cost-effectiveness, low resistant to acids and bases, good insulation, and easy production processes is propelling the market growth. Apart from this, strategic collaborations amongst key players for launching personalized packs for exhibiting brand identity, communicating, and marketing their products and services are contributing to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial packaging market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, material and application.
Breakup by Product:
Intermediate Bulk Containers (IBCs)
Sacks
Drums
Pails
Others
Breakup by Material:
Paperboard
Plastic
Metal
Wood
Fiber
Breakup by Application:
Chemical and Pharmaceutical
Building and Construction
Food and Beverage
Oil and Lubricant
Agriculture and Horticulture
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amcor plc, Berry Global Inc., DS Smith PLC, Global-Pak Inc., Greif Inc., International Paper Company, Mondi plc, Nefab AB, Orora Limited, Smurfit Kappa Group plc, Sonoco Products Company and Westrock Company.
Key Questions Answered in This Report
1. What was the size of the global industrial packaging market in 2022?
2. What is the expected growth rate of the global industrial packaging market during 2023-2028?
3. What are the key factors driving the global industrial packaging market?
4. What has been the impact of COVID-19 on the global industrial packaging market?
5. What is the breakup of the global industrial packaging market based on the material?
6. What are the key regions in the global industrial packaging market?
7. Who are the key players/companies in the global industrial packaging market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Industrial Packaging Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Intermediate Bulk Containers (IBCs)
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Sacks
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Drums
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Pails
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Material
- 7.1 Paperboard
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Plastic
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Metal
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Wood
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Fiber
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Application
- 8.1 Chemical and Pharmaceutical
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Building and Construction
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Food and Beverage
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Oil and Lubricant
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Agriculture and Horticulture
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Amcor plc
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Berry Global Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 DS Smith PLC
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Global-Pak Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Greif Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 International Paper Company
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Mondi plc
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Nefab AB
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Orora Limited
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Smurfit Kappa Group plc
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.11 Sonoco Products Company
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Westrock Company
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 Amcor plc
List of Figures
- Figure 1: Global: Industrial Packaging Market: Major Drivers and Challenges
- Figure 2: Global: Industrial Packaging Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Industrial Packaging Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Industrial Packaging Market: Breakup by Product (in %), 2022
- Figure 5: Global: Industrial Packaging Market: Breakup by Material (in %), 2022
- Figure 6: Global: Industrial Packaging Market: Breakup by Application (in %), 2022
- Figure 7: Global: Industrial Packaging Market: Breakup by Region (in %), 2022
- Figure 8: Global: Industrial Packaging (Intermediate Bulk Containers (IBCs)) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Industrial Packaging (Intermediate Bulk Containers (IBCs)) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Industrial Packaging (Sacks) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Industrial Packaging (Sacks) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Industrial Packaging (Drums) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Industrial Packaging (Drums) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Industrial Packaging (Pails) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Industrial Packaging (Pails) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Industrial Packaging (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Industrial Packaging (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Industrial Packaging (Paperboard) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Industrial Packaging (Paperboard) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Industrial Packaging (Plastic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Industrial Packaging (Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Industrial Packaging (Metal) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Industrial Packaging (Metal) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Industrial Packaging (Wood) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Industrial Packaging (Wood) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Industrial Packaging (Fiber) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Industrial Packaging (Fiber) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Industrial Packaging (Chemical and Pharmaceutical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Industrial Packaging (Chemical and Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Industrial Packaging (Building and Construction) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Industrial Packaging (Building and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Industrial Packaging (Food and Beverage) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Industrial Packaging (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Industrial Packaging (Oil and Lubricant) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Industrial Packaging (Oil and Lubricant) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Industrial Packaging (Agriculture and Horticulture) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Industrial Packaging (Agriculture and Horticulture) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Global: Industrial Packaging (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Global: Industrial Packaging (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: North America: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: North America: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: United States: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: United States: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Canada: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Canada: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Asia-Pacific: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Asia-Pacific: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: China: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: China: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Japan: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Japan: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: India: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: India: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: South Korea: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: South Korea: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Australia: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Australia: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Indonesia: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Indonesia: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Others: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Others: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Europe: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Europe: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Germany: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Germany: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: France: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: France: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: United Kingdom: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: United Kingdom: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Italy: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Italy: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Spain: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Spain: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Russia: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Russia: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Others: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Others: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Latin America: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Latin America: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Brazil: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Brazil: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Mexico: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Mexico: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Others: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Others: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 86: Middle East and Africa: Industrial Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 87: Middle East and Africa: Industrial Packaging Market: Breakup by Country (in %), 2022
- Figure 88: Middle East and Africa: Industrial Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 89: Global: Industrial Packaging Industry: SWOT Analysis
- Figure 90: Global: Industrial Packaging Industry: Value Chain Analysis
- Figure 91: Global: Industrial Packaging Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Industrial Packaging Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Industrial Packaging Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 3: Global: Industrial Packaging Market Forecast: Breakup by Material (in Million US$), 2023-2028
- Table 4: Global: Industrial Packaging Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Industrial Packaging Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Industrial Packaging Market: Competitive Structure
- Table 7: Global: Industrial Packaging Market: Key Players
