Industrial Packaging - Global Strategic Business Report

Global Industrial Packaging Market to Reach $95.8 Billion by 2030

The global market for Industrial Packaging estimated at US$66.6 Billion in the year 2022, is projected to reach a revised size of US$95.8 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Corrugated Boxes, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$33.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Drums segment is readjusted to a revised 4.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $17.7 Billion, While China is Forecast to Grow at 7.3% CAGR

The Industrial Packaging market in the U.S. is estimated at US$17.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$21.2 Billion by the year 2030 trailing a CAGR of 7.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

Select Competitors (Total 62 Featured) -

• Amcor Ltd.
• Bemis Co., Inc.
• BWAY Corporation
• Grief, Inc.
• International Paper Company
• Mondi PLC
• Orora Ltd.
• Sigma Plastics Group
• WestRock Company
• Wuxi Sifang drums Limited company

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year