Industrial Packaging Market Size
                      
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 
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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. 
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