Sales of industrial packaging in MENA region was valued in excess of US$ 3,300 Mn in 2016 and is projected to be valued at more than US$ 5,000 Mn by 2024. Sales revenue is expected to increase at a CAGR of 5.2% during the forecast period (2016–2024). GCC is anticipated to be a rapidly expanding market for industrial packaging in the MENA region, registering a CAGR of 5.7% during the forecast period. ... Read more
The economies of the Middle East and North Africa (MENA) countries have been traditionally dependent on the oil and gas sector. However, in recent years, there has been a slow drift in the economic policies of the countries in this region and they are now more inclined towards non-oil based sectors. This is because crude oil is rated as a dynamic commodity and economic dependency on oil can adversely affect the stability of this region. In addition, as oil is a non-renewable source of energy ... Read more
Industrial good are bulky, heavy, hazardous to environment, and sensitive to outer atmosphere. Thus, it is important to maintain the product for a long time at the time of transportation and storage. Industrial packaging differs from other types of packaging in terms of strength, thickness, and degree of protection is offers for prolonged storage. Increase in the activities of building and construction across the globe and other sectors such as foods and beverages along with swift growth of ... Read more
Demand for industrial packaging in the Middle East and Africa is likely to remain robust owing to the improving situation of international trade. In addition, global trade of industrial products has grown three-fold over the past decade. Bio-chemical products and food-grade ingredients are amongst few of the most traded items around the world. In the MENA region, the focus has recently shifted towards non-oil based industrial activities as the long-term dependency on crude oil business is ... Read more
Industrial good are bulky, heavy, hazardous to environment, and sensitive to outer atmosphere. Thus, it is important to maintain the product for a long time at the time of transportation and storage. Industrial packaging differs from other types of packaging in terms of strength, thickness, and degree of protection is offers for prolonged storage.
Industrial good are bulky, heavy, hazardous to environment, and sensitive to outer atmosphere. Thus, it is important to maintain the product for a long time at the time of transportation and storage. Industrial packaging differs from other types of packaging in terms of strength, thickness, and degree of protection is offers for prolonged storage.
According to the findings of a fresh business intelligence study conducted at the headquarters of Transparency Market Research (TMR), there is a vast number of players connected to the value chain of the global industrial packaging market, and each of them have a position of prominence in their respective regions. That being said, players such as Cascades Inc., Smurfit Kappa Group PLC, International ... Read more
The market for industrial packaging is projected to grow from USD 54.94 Billion in 2016 to reach USD 93.28 Billion by 2026, at a CAGR of 5.4%.
Browse 111 market data tables and 48 figures spread through 168 pages and in-depth TOC on “Industrial Packaging Market by Pack Type (Drums, Containers, Pails, Sacks, Crates), ... Read more
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.
The Industrial Packaging Market is a cornerstone of the global manufacturing and logistics sectors, providing essential solutions for the safe, efficient, and sustainable transport of goods. From sturdy crates to specialized containers, industrial packaging plays a critical role in safeguarding products and optimizing supply chains. This article delves into the dynamics of the ... Read more
The global Industrial Packaging market is estimated to be valued at US$ 68,677.9 Million in 2022 and is expected to exhibit a CAGR of 5.42% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview
Industrial packaging products are extensively used for shipping, storing and safe distribution of industrial goods. They offer protection, damage prevention and ... Read more
Industrial packaging products such as pallets, crates, barrels, drums & Intermediate Bulk Containers (IBC) are extensively used for shipping & storing industrial goods. They provide protection to goods from damage and ensure safe delivery from producers to end-users. With growing global trade, the need for safe and efficient packaging solutions has increased.
The global Industrial Packaging Market is estimated to be valued at US$ 68,677.9 Mn in 2023 and is expected to ... Read more
Industrial Packaging: Enabling Efficient Transportation and Storage of Manufactured Goods
Importance of Effective Packaging for Manufactured Products
Industrial packaging plays a vital role in effectively protecting manufactured goods from damage during transportation and storage. The packaging is designed to prevent breakage and ensure products reach customers inmint condition. Whether it's heavy machinery or fragile electronics, ... Read more
