The market for industrial packaging is growing due to increasing trends in end-use industries. The growth in this market is driven by the increasing trend in the chemical industry output combined with the increasing healthcare needs of drugs and medicines for the aging U.S. population, coupled with continuing innovations in drug development.

Browse 111 market data tables and 48 figures spread through 168 pages and in-depth TOC on “Industrial Packaging Market”.

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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.

Building & construction is projected to be the fastest-growing end-user segment followed by electrical & electronics between 2014 and 2019. The increasing environmental legislations are slowing the growth of fluoropolymer coating. The use of fluoropolymer coatings is increasing due to demand of durable and high performance coatings throughout the world. Processors, manufacturers and builders alike want to reduce their maintenance cost and increase the life of their equipment or buildings. Moreover, fluoropolymer coatings allow for a better performance of equipment with cheaper investment as against the same operation in processing industries by expensive alloys.

In terms of material, the plastic material segment accounted for the largest share in this market, in terms of both value and volume, among material types. This is projected to grow at the highest CAGR between 2016 and 2026. In terms of volume, the paperboard segment was the second largest in 2015, and is projected to grow at a CAGR between 2016 and 2026. In 2015, paperboard material accounted for 28.5% of the total industrial packaging market.

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In terms of application, the market is segmented into chemicals & pharmaceuticals, food & beverages, building & construction, oil & lubricants, automobile, and others such as rubber & plastic, agriculture, and metal fabrication. Industrial packaging is widely used in the chemical and pharmaceutical sectors wherein a majority of low volume chemical products are packed in sacks. Also, due to the increase in aging population and growing occurrences of chronic diseases, the use of industrial bulk packaging in pharmaceuticals is also increasing. The food & beverages segment is projected to grow at the highest rate.

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