Title: Industrial Packaging Market
1Industrial Packaging Market to reach at a CAGR of
5.4 by 2026
2- The report "Industrial Packaging Market by Pack
Type (Drums, Containers, Pails, Sacks, Crates),
Material (Metal, Paperboard, Wood, Plastic),
Application (Automotive, Food Beverages,
Building Construction, Chemical), and Region -
Global Forecast to 2026", The market for
industrial packaging is projected to grow from
USD 54.94 Billion in 2016 to reach USD 93.28
Billion by 2026, at a CAGR of 5.4. - Browse 111 market data tables and 48 figures
spread through 168 pages and in-depth TOC
on Industrial Packaging Market by Pack Type
(Drums, Containers, Pails, Sacks, Crates),
Material (Metal, Paperboard, Wood, Plastic),
Application (Automotive, Food Beverages,
Building Construction, Chemical), and Region -
Global Forecast to 2026
3- The market for industrial packaging is growing
due to increasing trends in end-use industries.
The growth in this market is driven by the
increasing trend in the chemical industry output
combined with the increasing healthcare needs of
drugs and medicines for the aging U.S.
population, coupled with continuing innovations
in drug development. - The sacks pack type segment is expected to gain
maximum traction during the forecast period - Sacks are highly preferred due to its
characteristics such as lightweight and easily
movable it is used at sites such as automotive,
construction, manufacturing, and food
beverages. The sacks segment accounted for the
largest share in 2015 and it is projected to
grow at the highest CAGR between 2016 and 2026.
The sack segment is projected to remain the
largest, owing to easy usability and handling of
sack packaging. - https//www.marketsandmarkets.com/Market-Reports/i
ndustrial-packaging-market-10341323.htmlEarly
buyers will receive 10 customization on this
report.
4The chemical pharmaceutical segment is
projected to grow at the highest rate during the
forecast period The industrial packaging market
is segmented on the basis of end-use industry
into transportation logistics, automotive,
construction, chemical, and food beverages, and
others. The chemical pharmaceuticals segment
accounted for the largest share in 2015 this is
projected to grow at the highest from 2016 and
2026. The CAGR over the next ten years is
projected to be higher, owing to the increasing
use of chemical in the manufacturing industry and
other industrial applications. Asia-Pacific to
play a key role in the market for industrial
packaging On the basis of key regions, the
market for industrial packaging is segmented into
North America, Europe, Asia-Pacific, and the Rest
of the World (RoW). The low labor costs,
excellent industrialization, a huge scope for
FDI, emerging economic conditions, stable
government scenarios, and an excellent hold on
industries such as construction, automotive, and
chemical have played a crucial role in the growth
of the market for industrial packaging in the
Asia-Pacific region.
5Request sample copy of the report _at_
https//www.marketsandmarkets.com/requestsampleNew
.asp?id10341323 The key players considered in
the report are Grief Inc. (U.S.) Mondi Group
(South Africa) Amcor Limited (Australia) WestRock
Company (U.S.) International Paper (U.S.) Bemis
Company Inc. (U.S.) Orora Group
(Australia) Mauser Group (Germany) Sigma Plastics
Group (U.S.) Wuxi Sifang Drums Limited Company
(China)
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industrial-packaging-market.asp