Summary Global Industrial Packaging Market Size Size, Share, Growth, Trends, Analysis, Future Scope: By Packaging Type (Flexible & Rigid), Materials (Metal, Plastic, Paper, And Wooden), Products (Bags, Boxes, Sacks, Barrels, Tanks, And Others), End-User, And Region - Global Forecast To 2023 Request Free Sample @ https://www.marketresearchfuture.com/sample_request/1897 Market Segmentation The global Industrial Packaging Market Size has been segmented based on packaging type, materials, products, and end-users. By packaging type, the market has been segmented into flexible & rigid. The flexible packaging segment is leading the market owing to the growing need for plastic-based packaging products and diverse application of flexible packaging in various industry verticals. By materials, the market has been segmented into metal, plastic, paper, and wood. The plastic dominated the market in 2016 and is expected to be the fastest growing market over the forecast period due to high efficacy of plastic as an industrial packaging material. By products, the market has been segmented into bags, boxes, sacks, barrels, tanks, and others. The box segment dominated the market in 2016 and is expected to witness growth over the forecast period. By end-user, the market has been segmented into food & beverages, construction, chemicals & pharmaceuticals, electronics, and others. Competitive Landscape The key players operating in the global Industrial Packaging Market Size include Greif, Inc. (U.S.), Greif, Inc. (U.S.), International Paper Company (U.S.), Orora Limited (Australia), Sigma Plastics Group (U.S.), NEFAB GROUP (Sweden), AmeriGlobe LLC (U.S.), Sealed Air Corporation (U.S.), Mondi plc (Austria), WestRock Company (U.S.), Bemis Company, Inc. (U.S.), Mauser Group (Germany), Wuxi Sifang Drums Limited Company (China), Sonoco Products Company (U.S.), and Schoeller Allibert (The Netherlands). Regional Analysis The global Industrial Packaging Market Size spans across the regions of North America, Europe, Asia Pacific, and the Rest of the World (RoW). Asia Pacific is the largest market for industrial packaging and is driven by increasing industrialization in the region. Availability of relatively cheap labor, the upsurge in economy and attractiveness for FDI fosters rapid industrialization in Asia Pacific which induces high demand for industrial packaging. In addition, rising consumer spending and increased international trade in the region provides an impetus to the growth of the market. North America follows Asia Pacific closely, and the market is growing due to the rise in import and export activities in the region. North American Free Trade Agreement (NAFTA) is projected to boost the market growth further. Europe market for industrial packaging is also a steady one owing to strong demand from the food & beverage and pharmaceutical industries. Industry Updates
In June 2018, Stone Canyon Industries (SCI) announced the acquisition of a US-based container solutions and services provider Industrial Container Services (ICS) for USD 1 Billion. The transaction was made through BWAY Holding Company (BWAY), which is a subsidiary to SCI and a global supplier of industrial rigid packaging products and services. Access Full Report With TOC @ https://www.marketresearchfuture.com/reports/industrial-packaging-market-1897 http://www.digitaljournal.com/pr/4372994
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