Industrial Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for industrial packaging. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Industrial Packaging Market Size (2024E): USD 69.7 Billion
Projected Market Value (2031F): USD 90.5 Billion
Global Market Growth Rate (CAGR 2024 to 2031): 3.8%

Industrial Packaging Market - Report Scope:

Industrial packaging plays a crucial role in protecting and transporting goods across various industries, including chemicals, pharmaceuticals, food and beverages, and construction. These packaging solutions include drums, containers, pails, crates, and sacks, designed to withstand harsh conditions and ensure the safe delivery of products. The market growth is driven by the increasing demand for durable and efficient packaging solutions, the rise in global trade activities, and advancements in packaging materials and technologies.

Market Growth Drivers:

The global industrial packaging market is propelled by several key factors, including the expanding manufacturing sector and the growing need for safe and efficient packaging solutions for hazardous and non-hazardous materials. The rise in e-commerce and global trade activities further fuels market expansion, as businesses require robust packaging to ensure the safe delivery of goods. Technological advancements, such as the development of smart packaging solutions with tracking and monitoring capabilities, enhance supply chain efficiency and drive market growth. Additionally, the increasing focus on sustainability and the adoption of eco-friendly packaging materials create new opportunities for market players.

Market Restraints:

Despite promising growth prospects, the industrial packaging market faces challenges related to environmental concerns and regulatory compliance. The increasing emphasis on reducing plastic waste and the stringent regulations governing packaging materials impose compliance burdens on manufacturers and affect market dynamics. Furthermore, the fluctuating raw material prices and the high cost of advanced packaging solutions pose challenges for market penetration, particularly for small and medium-sized enterprises (SMEs). Addressing these regulatory and economic barriers requires collaboration between industry stakeholders and policymakers to promote sustainable and cost-effective packaging solutions.

Market Opportunities:

The industrial packaging market presents significant growth opportunities driven by technological innovations, sustainability trends, and evolving industrial needs. The integration of digital technologies, such as IoT and blockchain, in packaging solutions enhances supply chain transparency and efficiency. Furthermore, the increasing demand for recyclable and biodegradable packaging materials offers a lucrative opportunity for market players to invest in sustainable packaging solutions. Strategic partnerships, investment in research and development, and the introduction of customizable and user-friendly packaging solutions are essential to capitalize on emerging opportunities and sustain market leadership in the dynamic industrial packaging landscape.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the industrial packaging market globally?
Which packaging types and materials are driving adoption across different industries?
How are technological advancements reshaping the competitive landscape of the industrial packaging market?
Who are the key players contributing to the industrial packaging market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global industrial packaging market?

Competitive Intelligence and Business Strategy:

Leading players in the global industrial packaging market, including Greif Inc., Mondi Group, and Amcor Limited, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced packaging solutions, including smart and sustainable packaging options, catering to diverse industry needs and regulatory requirements. Collaborations with industrial clients, packaging distributors, and regulatory agencies facilitate market access and promote technology adoption. Moreover, emphasis on sustainability initiatives, recycling programs, and environmental compliance fosters market growth and enhances brand reputation in the rapidly evolving industrial packaging landscape.

Key Companies Profiled:

Amcor plc
International Paper Company
Sealed Air Corporation
Smurfit Kappa Group plc
Sonoco Products Company
WestRock Company
Mondi Group
Greif, Inc.
Berry Global Group, Inc.
Bemis Company, Inc

Industrial Packaging Market Research Segmentation

By Product Type:

Drums
I.B.C.
Boxes
Sacks
Crates
Pallets
Folding Cartons
Misc

By Material:

Plastic
Paper
Glass
Wood
Metal

By End-use Industry:

Food & Beverage
Healthcare
Personal Care & Cosmetics
Automotive
Agriculture
Building & Construction
Electrical & Electronics
Misc

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33561

1. Executive Summary

1.1. Global Industrial Packaging Market Snapshot, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Product Type Lifecycle Analysis
2.4. Industrial Packaging Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of End-use Industries
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Industrial Packaging Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Bn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2019-2023
- 3.2.2. Current Market Size Forecast, 2024-2031
3.3. Global Industrial Packaging Market Outlook: Product Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Product Type, 2019-2023
- 3.3.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
  - 3.3.3.1. Drums
  - 3.3.3.2. I.B.C.
  - 3.3.3.3. Boxes
  - 3.3.3.4. Sacks
  - 3.3.3.5. Crates
  - 3.3.3.6. Pallets
  - 3.3.3.7. Folding Cartons
  - 3.3.3.8. Misc
3.4. Market Attractiveness Analysis: Product Type
3.5. Global Industrial Packaging Market Outlook: Material
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Material, 2019-2023
- 3.5.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material, 2024-2031
  - 3.5.3.1. Plastic
  - 3.5.3.2. Paper
  - 3.5.3.3. Glass
  - 3.5.3.4. Wood
  - 3.5.3.5. Metal
3.6. Market Attractiveness Analysis: Material
3.7. Global Industrial Packaging Market Outlook: End-use Industry
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By End-use Industry, 2019-2023
- 3.7.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By End-use Industry, 2024-2031
  - 3.7.3.1. Food & Beverage
  - 3.7.3.2. Healthcare
  - 3.7.3.3. Personal Care & Cosmetics
  - 3.7.3.4. Automotive
  - 3.7.3.5. Agriculture
  - 3.7.3.6. Building & Construction
  - 3.7.3.7. Electrical & Electronics
  - 3.7.3.8. Misc
3.8. Market Attractiveness Analysis: End-use Industry

4. Global Industrial Packaging Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Region, 2019-2023
4.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Region, 2024-2031
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Industrial Packaging Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 5.3.1. By Country
- 5.3.2. By Product Type
- 5.3.3. By Material
- 5.3.4. By End-use Industry
5.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 5.5.1. Drums
- 5.5.2. I.B.C.
- 5.5.3. Boxes
- 5.5.4. Sacks
- 5.5.5. Crates
- 5.5.6. Pallets
- 5.5.7. Folding Cartons
- 5.5.8. Misc
5.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material, 2024-2031
- 5.6.1. Plastic
- 5.6.2. Paper
- 5.6.3. Glass
- 5.6.4. Wood
- 5.6.5. Metal
5.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By End-use Industry, 2024-2031
- 5.7.1. Food & Beverage
- 5.7.2. Healthcare
- 5.7.3. Personal Care & Cosmetics
- 5.7.4. Automotive
- 5.7.5. Agriculture
- 5.7.6. Building & Construction
- 5.7.7. Electrical & Electronics
- 5.7.8. Misc
5.8. Market Attractiveness Analysis

6. Europe Industrial Packaging Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 6.3.1. By Country
- 6.3.2. By Product Type
- 6.3.3. By Material
- 6.3.4. By End-use Industry
6.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkey
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 6.5.1. Drums
- 6.5.2. I.B.C.
- 6.5.3. Boxes
- 6.5.4. Sacks
- 6.5.5. Crates
- 6.5.6. Pallets
- 6.5.7. Folding Cartons
- 6.5.8. Misc
6.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material, 2024-2031
- 6.6.1. Plastic
- 6.6.2. Paper
- 6.6.3. Glass
- 6.6.4. Wood
- 6.6.5. Metal
6.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By End-use Industry, 2024-2031
- 6.7.1. Food & Beverage
- 6.7.2. Healthcare
- 6.7.3. Personal Care & Cosmetics
- 6.7.4. Automotive
- 6.7.5. Agriculture
- 6.7.6. Building & Construction
- 6.7.7. Electrical & Electronics
- 6.7.8. Misc
6.8. Market Attractiveness Analysis

7. East Asia Industrial Packaging Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 7.3.1. By Country
- 7.3.2. By Product Type
- 7.3.3. By Material
- 7.3.4. By End-use Industry
7.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 7.5.1. Drums
- 7.5.2. I.B.C.
- 7.5.3. Boxes
- 7.5.4. Sacks
- 7.5.5. Crates
- 7.5.6. Pallets
- 7.5.7. Folding Cartons
- 7.5.8. Misc
7.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material, 2024-2031
- 7.6.1. Plastic
- 7.6.2. Paper
- 7.6.3. Glass
- 7.6.4. Wood
- 7.6.5. Metal
7.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By End-use Industry, 2024-2031
- 7.7.1. Food & Beverage
- 7.7.2. Healthcare
- 7.7.3. Personal Care & Cosmetics
- 7.7.4. Automotive
- 7.7.5. Agriculture
- 7.7.6. Building & Construction
- 7.7.7. Electrical & Electronics
- 7.7.8. Misc
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Industrial Packaging Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 8.3.1. By Country
- 8.3.2. By Product Type
- 8.3.3. By Material
- 8.3.4. By End-use Industry
8.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 8.5.1. Drums
- 8.5.2. I.B.C.
- 8.5.3. Boxes
- 8.5.4. Sacks
- 8.5.5. Crates
- 8.5.6. Pallets
- 8.5.7. Folding Cartons
- 8.5.8. Misc
8.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material, 2024-2031
- 8.6.1. Plastic
- 8.6.2. Paper
- 8.6.3. Glass
- 8.6.4. Wood
- 8.6.5. Metal
8.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By End-use Industry, 2024-2031
- 8.7.1. Food & Beverage
- 8.7.2. Healthcare
- 8.7.3. Personal Care & Cosmetics
- 8.7.4. Automotive
- 8.7.5. Agriculture
- 8.7.6. Building & Construction
- 8.7.7. Electrical & Electronics
- 8.7.8. Misc
8.8. Market Attractiveness Analysis

9. Latin America Industrial Packaging Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

9.1. 0Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 9.3.1. By Country
- 9.3.2. By Product Type
- 9.3.3. By Material
- 9.3.4. By End-use Industry
9.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 9.5.1. Drums
- 9.5.2. I.B.C.
- 9.5.3. Boxes
- 9.5.4. Sacks
- 9.5.5. Crates
- 9.5.6. Pallets
- 9.5.7. Folding Cartons
- 9.5.8. Misc
9.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material, 2024-2031
- 9.6.1. Plastic
- 9.6.2. Paper
- 9.6.3. Glass
- 9.6.4. Wood
- 9.6.5. Metal
9.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By End-use Industry, 2024-2031
- 9.7.1. Food & Beverage
- 9.7.2. Healthcare
- 9.7.3. Personal Care & Cosmetics
- 9.7.4. Automotive
- 9.7.5. Agriculture
- 9.7.6. Building & Construction
- 9.7.7. Electrical & Electronics
- 9.7.8. Misc
9.8. Market Attractiveness Analysis

10. Middle East & Africa Industrial Packaging Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 10.3.1. By Country
- 10.3.2. By Product Type
- 10.3.3. By Material
- 10.3.4. By End-use Industry
10.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 10.5.1. Drums
- 10.5.2. I.B.C.
- 10.5.3. Boxes
- 10.5.4. Sacks
- 10.5.5. Crates
- 10.5.6. Pallets
- 10.5.7. Folding Cartons
- 10.5.8. Misc
10.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Material, 2024-2031
- 10.6.1. Plastic
- 10.6.2. Paper
- 10.6.3. Glass
- 10.6.4. Wood
- 10.6.5. Metal
10.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By End-use Industry, 2024-2031
- 10.7.1. Food & Beverage
- 10.7.2. Healthcare
- 10.7.3. Personal Care & Cosmetics
- 10.7.4. Automotive
- 10.7.5. Agriculture
- 10.7.6. Building & Construction
- 10.7.7. Electrical & Electronics
- 10.7.8. Misc
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2024
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Analog IC
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Amcor plc
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. International Paper Company
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Sealed Air Corporation
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Smurfit Kappa Group plc
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Sonoco Products Company
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. WestRock Company
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Mondi Group
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Greif, Inc.
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Berry Global Group, Inc.
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. Bemis Company, Inc
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations