The Industrial
Packaging Market Global Industry is estimated to grow from USD 54.94
Billion in 2016 to reach USD 93.28 Billion by 2026, at a CAGR of 5.4%. The base
year considered for the study is 2015 and the market size is projected from
2016 to 2021 (mid-term) and 2016 to 2026 (long term). In this report, the
industrial packaging market is segmented on the basis of pack type, material,
application, and region.
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The key objective of the global industrial packaging report
is to provide companies with a summary of the latest trends and lucrative
business expansion opportunities for industrial packaging manufacturers,
suppliers, and distributors. The report also demonstrates the key business
strategies and principles adopted by the key players around the world. This
report is intended:
·
To define, segment, and project the size of the
global industrial packaging market on the basis of type, material, application,
and region
·
To analyze opportunities in the market for
stakeholders and provide a competitive landscape of the market leaders
·
To strategically profile key players and
comprehensively analyze their core competencies
The research methodology used to forecast the market size
was with the top-down approach. The total market size of industrial packaging
was calculated based on the percentage split of industrial packaging and
percentage splits of different pack types preferred as the scope of the study
of industrial packaging. This allotment and calculation were done on the basis
of extensive primary interviews and secondary research from a variety of
sources such as World Packaging Organization, Flexible Packaging Association,
The Packaging Federation, and The Sustainable Packaging Coalition, among
others. Primary research involved in this report includes extensive interviews
with key people such as CEOs, VPs, directors, and executives. After arriving at
the overall market size, the total market was split into several segments and
subsegments. Data triangulation and market breakdown procedures were used to
complete the overall market engineering process and arrive at the exact
statistics for all segments and subsegments.
The global industrial packaging ecosystem comprises
industrial label & packaging manufacturers, vendors, and service providers.
The value chain of the industrial packaging market includes packaging machinery
manufactures such as Avery Dennison Corporation (U.S.), 3M Company (U.S.), and
Cenveo, Inc. (U.S.), among others. The labels & packaging manufacturers
include CCL Industries, Inc. (Canada), Bosch Packaging Technology (U.S.), H.B.
Fuller Co. (U.S.), DUNMORE (U.S.), Brady Corporation (U.S.), E. I. du Pont de
Nemours and Company (DuPont) (U.S.), and American Packaging Machinery (U.S.),
and Henkel Ag & Company (Germany). Additionally, the products are used in
construction, automotive, consumer durables, and logistics & transportation
industries on a global scale.
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