The Industrial Packaging Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Industrial Packaging Market?
The Industrial Packaging Global Market Report 2025 indicates a positive historical growth trend. The market size was $79 billion in 2024 and it is projected to increase to $84.36 billion in 2025. This growth corresponds to a compound annual growth rate (CAGR) of 6.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Industrial Packaging Industry?
The industrial packaging market is estimated to expand to $112.77 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 7.5%.
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What are the Key Growth Drivers Fueling the Industrial Packaging Market?
The key drivers in the industrial packaging market are:
• Evolving consumer preferences, particularly in the ease of use and sustainability of packaging.
• The rise in online retail, increasing the need for durable and efficient packaging.
• Increased emphasis on customization and personalization in product packaging.
• The development of circular economy initiatives in the industry, promoting the use of recyclable and biodegradable packaging.
Global Market Segmentation: Identifying Major Industrial Packaging Industry Segments
The industrial packaging market covered in this report is segmented –
1) By Product: Drums, Intermediate Bulk Containers (IBCs), Sacks, Pails, Crates Or Totes
2) By Material: Paperboard, Plastic, Metal, Wood, Fiber
3) By Application: Chemical And Pharmaceutical, Building And Construction, Food And Beverage, Oil And Lubricant, Agriculture And Horticulture, Others (Plastics And Rubber, Automobile, Engineering, And Other Metal Products)
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What are the Emerging Trends Shaping the Future of the Industrial Packaging Market?
The key trends in the industrial packaging market are:
• The future of the industrial packaging market is being moulded by smart packaging technologies.
• Innovations in packaging machinery constitute a significant emerging trend.
• There is a growing trend towards lightweight packaging in the industry.
• Regulatory compliance and safety standards are significantly influencing the market's trajectory.
Who Are the Top Competitors & Leading Players in the Industrial Packaging Market?
Major companies in the industrial packaging market are:
• Westrock Company
• International Paper Company
• Amcor Limited
• DS Smith plc
• Packaging Corporation of America
• Mondi plc
• Grief Inc.
• KEENER Corporation
• Nefab Group
• Myers Industries Inc.
• Schoeler Allibert AB
• Menasha Corporation
• Rohrer Corporation
• UFP Technologies Inc.
• Rehrig Pacific Company
• Ckdpack
• PolyFlex Products Inc.
• GWP Group
• Brown Machine LLC
• Dunnage Engineering
• Thermoflex LLC
• Amatech Inc.
• MJSolpac Ltd.
• Package Design & Manufacturing Inc.
• Interior Packaging Design LLC
• JIDA Industrial Solutions
• Sohner Plastics LLC
• Great River Plastics LLC
• Electro-General Plastics Corp.
• Artisanz Fabrication and Machine LLC
• Dordan Manufacturing Company
• Salco Engineering and Manufacturing Co. Inc.
• Sonoco Products Company
• Ball Corporation
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the industrial packaging market in 2024
