Industrial Packaging Market is predicted to reach USD 96.01 billion at a CAGR of 5.50% during the forecast period:

Pune, India, September 2023, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global Industrial Packaging Market.

Market Research Future (MRFR) has published a cooked research report on the “Industrial Packaging Market” that contains information from 2018 to 2032. The Industrial Packaging Market is estimated to register a CAGR of 5.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Industrial Packaging Market — Greif Inc., Mondi plc, Amcor Limited, WestRock Company, International Paper Company, Orora Limited, Mauser Group, Wuxi Sifang Drums Limited Company, NEFAB GROUP, and Sonoco Products Company

Industrial Packaging Market Highlights

The global Industrial Packaging Market is accounted to register a CAGR of 5.50% during the forecast period and is estimated to reach USD 96.01 billion by 2032.

The industrial packaging market is a segment of the global packaging industry that focuses on the design, production, and distribution of packaging materials and solutions specifically tailored for industrial goods and products. These packaging solutions are intended to protect, store, and transport various industrial items, ranging from raw materials and components to finished products.

Segment Analysis

The global Industrial Packaging Market has been segmented based on Packaging Type, and Material.

The Industrial Packaging market segmentation, based on type includes Flexible & Rigid. The flexible segment dominated the market. The increasing demand for convenient and portable packaging solutions and can be easily sealed & resealed, making it an ideal choice for single-serving products, such as snacks and drinks.

The Industrial Packaging market segmentation, based on material includes Metal, Plastic, Paper, And Wooden. The plastic category generated the most income. Their versatility, low cost of production, and suitability for a wide range of applications have made them a popular choice for many industries. Also, often less expensive than other packaging materials, such as metal or glass.

Regional Analysis

The global Industrial Packaging Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia Pacific industrial package market area will dominate this market, owing to a combination of factors such as industrialization, an increase in international trade, a rise in e-commerce, growing consumer awareness, government initiatives, and advancements in technology. Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Europe Industrial Packaging market accounts for the second-largest market share due to the rise of e-commerce & increase in demand for packaging materials. Further, the German Industrial Packaging market held the largest market share, and the UK Industrial Packaging market was the fastest growing market in the European region

The North America Industrial Packaging Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to increase in demand for eco-friendly and sustainable packaging materials. Moreover, Canada Industrial Packaging market held the largest market share, and the US Industrial Packaging market was the fastest growing market in the region.

For instance, Flexible Packaging Association (FPA) also shows the growth of the industrial packaging market. According to the FPA's 2021 State of the Industry Report, the flexible packaging market in the United States grew by 4.3% in 2020, with industrial packaging being one of the fastest-growing segments.

Key Findings of the Study

• The global Industrial Packaging Market is expected to reach USD 96.01 billion by 2032, at a CAGR of 5.50% during the forecast period.


• The North America Industrial Packaging Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to increase in demand for eco-friendly and sustainable packaging materials.


• The Industrial Packaging market segmentation, based on type includes Flexible & Rigid. The flexible segment dominated the market. The increasing demand for convenient and portable packaging solutions and can be easily sealed & resealed, making it an ideal choice for single-serving products, such as snacks and drinks.


• Greif Inc., Mondi plc, Amcor Limited, WestRock Company, International Paper Company, Orora Limited, Mauser Group, Wuxi Sifang Drums Limited Company, NEFAB GROUP, and Sonoco Products Company

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