DUBLIN--(BUSINESS WIRE)--Sep 12, 2018--The "Industrial Packaging Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

The global Industrial packaging market was valued at US$65.072 billion in 2017 and is projected to grow at a CAGR of 3.95% over the forecast period to reach US$82.079 billion by 2023.

Changing lifestyle trends has led to an evolution in the industries which has spurred the demand for products across various segments. In order to meet specific customer requirements, companies are increasing their offerings and expanding product lines, and in turn creating a need for industrial packaging solutions. The complexity of products, advancements in packaging technologies and R&D investments are the major market drivers.

High volume packaging containers provide protected storage, handling and convenient transporting of products in large volumes from manufacturing units to the distribution centers. Strategies such as acquisitions, mergers, and collaborative partnerships are largely being adopted by most of the players in the market which will further boost the growth of the global industrial packaging market.

Major industry players profiled as part of the report are Ball Corporation, Crown Holdings, Inc., International Paper, WestRock Company, and Mondi Limited among others.

Segmentation:

By Type

Sacks Containers Pressure vessels Barrels Others

By Material

Paper Metal Plastic Glass Others

By Industry Vertical

Chemical Oil and Lubricants Food and Beverages Construction Others

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Global Industrial Packaging Market By Type

6. Global Industrial Packaging Market By Material

7. Global Industrial Packaging Market By Industry Vertical

8. Global Industrial Packaging Market By Geography

9. Competitive Intelligence

10. Company Profiles

Ball Corporation Crown Holdings, Inc. International Paper Mondi Limited Owens-Illinois, Inc. Smurfit Kappa Group WestRock Company Stora Enso Sealed Air Corporation Amcor Group GmbH Wyda Packaging (Pty) Ltd. For more information about this report visit https://www.researchandmarkets.com/research/9nlnkp/82_billion?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180912005713/en/

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Related Topics:Packaging

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING PACKAGING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/12/2018 10:38 AM/DISC: 09/12/2018 10:38 AM

http://www.businesswire.com/news/home/20180912005713/en