The Industrial Packaging Market Global Industry is estimated to grow from USD 54.94 Billion in 2016 to reach USD 93.28 Billion by 2026, at a CAGR of 5.4%. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021 (mid-term) and 2016 to 2026 (long term). In this report, the industrial packaging market is segmented on the basis of pack type, material, application, and region.
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The key objective of the global industrial packaging report is to provide companies with a summary of the latest trends and lucrative business expansion opportunities for industrial packaging manufacturers, suppliers, and distributors. The report also demonstrates the key business strategies and principles adopted by the key players around the world. This report is intended:
• To define, segment, and project the size of the global industrial packaging market on the basis of type, material, application, and region
• To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
• To strategically profile key players and comprehensively analyze their core competencies
The research methodology used to forecast the market size was with the top-down approach. The total market size of industrial packaging was calculated based on the percentage split of industrial packaging and percentage splits of different pack types preferred as the scope of the study of industrial packaging. This allotment and calculation were done on the basis of extensive primary interviews and secondary research from a variety of sources such as World Packaging Organization, Flexible Packaging Association, The Packaging Federation, and The Sustainable Packaging Coalition, among others. Primary research involved in this report includes extensive interviews with key people such as CEOs, VPs, directors, and executives. After arriving at the overall market size, the total market was split into several segments and subsegments. Data triangulation and market breakdown procedures were used to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
The global industrial packaging ecosystem comprises industrial label & packaging manufacturers, vendors, and service providers. The value chain of the industrial packaging market includes packaging machinery manufactures such as Avery Dennison Corporation (U.S.), 3M Company (U.S.), and Cenveo, Inc. (U.S.), among others. The labels & packaging manufacturers include CCL Industries, Inc. (Canada), Bosch Packaging Technology (U.S.), H.B. Fuller Co. (U.S.), DUNMORE (U.S.), Brady Corporation (U.S.), E. I. du Pont de Nemours and Company (DuPont) (U.S.), and American Packaging Machinery (U.S.), and Henkel Ag & Company (Germany). Additionally, the products are used in construction, automotive, consumer durables, and logistics & transportation industries on a global scale.
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Scope of the Report
This research report segments industrial packaging into the following submarkets.
By Pack Type:
• Others (pallets, wrap films, wrapping strips, and flexible packing materials)
• Building & construction
• Chemical & pharmaceutical
• Oil & lubricant
• Food & beverages
• Others (rubber & plastic, agriculture, and metal fabrication)
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