Industrial Packaging Market: By Product, By Material, By End User, and By Geography 2019-2030

Industrial Packaging Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Drums, Sacks, Pails, Crates, IBC’s Corrugated Boxes, Others), By Material (Plastic, Metal, Wood, Others), By End User (Automotive, Pharmaceuticals, Construction, Food & Beverages, Others), and By Region 2019-2030

The Industrial Packaging Market was valued at US$ 65,218.0 million in 2023 and grew at 7.2% CAGR over the historical years (2019 - 2023). The Industrial Packaging Market is projected to reach US$ 1,07,802 million by 2030 at a CAGR of 7.5%. The industrial packaging is for packaging materials and solutions used in industrial applications. This comprises packaging options for transporting and shielding items throughout production, storage, and distribution. The industrial packaging market is expected to develop over the forecast period due to emerging trends in the packaging sector, such as digital printing and customized packaging. Furthermore, the growing need for sustainable and reusable packaging solutions from the electronics industry contributes to the overall growth of the industrial packaging market. For example, in November 2022, Sony announced the use of plastic wrapping for small electronic gadgets. The company has also revealed plans to begin using natural blend materials for packaging.

Recent Developments in the Industrial Packaging Market

  • In April 2023, Ranpak Holdings Corporation, a global pioneer in eco-friendly packaging options, has announced the introduction of sustainable and biodegradable packaging solutions in the shape of 'Gaemi MS Mini,' a plastic-free alternative to bubble-wrapped packaging. The innovative wrapping approach is seen as an excellent choice for the warehouse.
  • In July 2023, Mondi, a packaging and paper industry leader, has announced a EUR 16 million investment in new technologies to create a new packaging line called Functional Barrier Paper Ultimate. The approach attempts to fulfill increasing customer demand for environmentally friendly packaging that contributes to a circular economy.

Industrial Packaging Market Summary

Study Period

2024– 2030

Base Year

2023

CAGR

7.5%

Largest Market

Asia Pacific

Fastest Growing Market

Asia pacific

Industrial Packaging Market Dynamics

The worldwide packaging industry is experiencing exceptional innovation. Smart packaging technology, 3D printing for packaging, active packaging, and nanotechnology are some of the most recent innovations in the packaging sector. Such developments in packaging technology are designed to drive the future growth of the industrial packaging market. Rising improvements in the packaging business are also benefiting large-scale enterprises' production and supply chains. However, Industrial packaging is manufactured using a variety of raw materials such as plastic, paper, metal, and others. Prices for such materials fluctuate due to production and supply chain concerns, which appear to limit the growth of the industrial packaging market. The constantly rising or fluctuating prices of raw materials prevent market participants from implementing a firm and permanent packaging system for long-term practices. Moreover, the growing need for customized solutions from various industries creates substantial potential for the industrial packaging market. Numerous sectors possess distinct packaging requirements, which manufacturers may profit on by designing customized packaging solutions for certain businesses. This can include packaging solutions that are tailored to certain regulatory standards or suited for the unique needs of a specific industry. The desire for customized solutions has the potential to stimulate innovation in the industrial packaging market. As businesses seek packaging solutions that are tailored to their individual needs, there is an increasing demand for new and differentiated packaging solutions. This can include improvements to packaging materials, designs, functionality, sustainability features, and technology integration, such as IoT-enabled packaging or smart packaging solutions. Industrial packaging producers that provide new and differentiated customized offerings can acquire a competitive advantage and capitalize on the growing demand for unique and value-added packaging options.

Industrial Packaging Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024– 2030

Market Size in 2023

US$ 65,218.0 million

Market Size in 2030

US$ 1,07,802 million

Market CAGR

7.5%

By Product

  • Drums
  • Sacks
  • Pails
  • Crates
  • IBC’s
  • Corrugated Boxes
  • Others

By Material

  • Plastic
  • Metal
  • Wood
  • Others

By End User

  • Automotive
  • Pharmaceuticals
  • Construction
  • Food & Beverages
  • Others

Key Features of the Report

  • The report provides granular level information about the Market size, regional Market share, historic Market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key Market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the Market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the Market.
  • The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.

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Frequently Asked Questions

The Industrial Packaging Market was valued at US$ 65,218.0 million in 2023 and is projected to reach US$ 1,07,802 million by 2030, growing at a CAGR of 7.5%.

The industrial packaging market is driven by developments in packaging technology, increased international trade, and the demand for sustainable packaging solutions.

The rise in global import and export activities is fueling market growth.

Market research is segmented based on product, material, end user and region.

Asia-Pacific is estimated to fastest growing with the highest CAGR over the forecast period.

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Global Industrial Packaging Market Introduction 
2.1.Global Industrial Packaging Market  - Taxonomy
2.2.Global Industrial Packaging Market  - Definitions
2.2.1.Product
2.2.2.Material 
2.2.3.End Users
2.2.4.Region
3. Global Industrial Packaging Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Industrial Packaging Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Industrial Packaging Market  By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Drums
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Sacks
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Pails
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Crates
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. IBC’s
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Corrugated Boxes
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Others
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
6. Global Industrial Packaging Market  By Material , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Plastic
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Metal
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Wood
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Others
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7. Global Industrial Packaging Market  By End Users, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Automotive
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Pharmaceuticals
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Construction
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Food & Beverages
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Others
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8. Global Industrial Packaging Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Industrial Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Drums
9.1.2.Sacks
9.1.3.Pails
9.1.4.Crates
9.1.5.IBC’s
9.1.6.Corrugated Boxes
9.1.7.Others
9.2.  Material  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Plastic
9.2.2.Metal
9.2.3.Wood
9.2.4.Others
9.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Automotive
9.3.2.Pharmaceuticals
9.3.3.Construction
9.3.4.Food & Beverages
9.3.5.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Industrial Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Drums
10.1.2.Sacks
10.1.3.Pails
10.1.4.Crates
10.1.5.IBC’s
10.1.6.Corrugated Boxes
10.1.7.Others
10.2.  Material  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Plastic
10.2.2.Metal
10.2.3.Wood
10.2.4.Others
10.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Automotive
10.3.2.Pharmaceuticals
10.3.3.Construction
10.3.4.Food & Beverages
10.3.5.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Industrial Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Drums
11.1.2.Sacks
11.1.3.Pails
11.1.4.Crates
11.1.5.IBC’s
11.1.6.Corrugated Boxes
11.1.7.Others
11.2.  Material  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Plastic
11.2.2.Metal
11.2.3.Wood
11.2.4.Others
11.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Automotive
11.3.2.Pharmaceuticals
11.3.3.Construction
11.3.4.Food & Beverages
11.3.5.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Industrial Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Drums
12.1.2.Sacks
12.1.3.Pails
12.1.4.Crates
12.1.5.IBC’s
12.1.6.Corrugated Boxes
12.1.7.Others
12.2.  Material  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Plastic
12.2.2.Metal
12.2.3.Wood
12.2.4.Others
12.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Automotive
12.3.2.Pharmaceuticals
12.3.3.Construction
12.3.4.Food & Beverages
12.3.5.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Industrial Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Drums
13.1.2.Sacks
13.1.3.Pails
13.1.4.Crates
13.1.5.IBC’s
13.1.6.Corrugated Boxes
13.1.7.Others
13.2.  Material  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Plastic
13.2.2.Metal
13.2.3.Wood
13.2.4.Others
13.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Automotive
13.3.2.Pharmaceuticals
13.3.3.Construction
13.3.4.Food & Beverages
13.3.5.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Amcor Limited
14.2.2.Sonoco Products Company
14.2.3.International Paper Company
14.2.4.Mondi Plc
14.2.5.Westrock Company
14.2.6.Orora Limited
14.2.7.Sigma Plastics Group
14.2.8.Greif Inc
14.2.9.Bemis Company Inc
14.2.10.Mauser Group GmbH
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Amcor Limited
  • Sonoco Products Company
  • International Paper Company
  • Mondi Plc
  • Westrock Company
  • Orora Limited
  • Sigma Plastics Group
  • Greif Inc
  • Bemis Company Inc
  • Mauser Group GmbH

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