GITNUX MARKETDATA REPORT 2024

Industrial Packaging Industry Statistics

The Industrial Packaging Industry is projected to experience steady growth driven by factors such as increasing demand in manufacturing and e-commerce sectors, environmental sustainability policies, and innovations in packaging materials and technologies.

Statistic 1

"Innovations in material sciences are expected to drive adoption of smart and active packaging solutions."

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Statistic 2

"The demand for bulk containers in industrial packaging is expected to grow significantly by 2026."

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Statistic 3

"Sustainable and eco-friendly packaging options constitute an emerging trend in the industrial packaging industry."

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Statistic 4

"The global industrial packaging market size was valued at approximately USD 56.2 billion in 2020."

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Statistic 5

"Flexitanks are gaining popularity for the transportation of non-hazardous liquids in bulk."

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Statistic 6

"The pharmaceutical sector is projected to witness significant growth in industrial packaging due to rising healthcare demands."

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Statistic 7

"The chemical industry holds a significant share, making up around 25% of the industrial packaging market."

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Statistic 8

"The market is projected to grow at a compound annual growth rate (CAGR) of 3.5% from 2021 to 2028."

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Statistic 9

"The food and beverage sector is one of the largest end-user segments of the industrial packaging market."

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Statistic 10

"Plastic is the most commonly used material in industrial packaging, accounting for around 40% of the market share."

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Statistic 11

"The COVID-19 pandemic has accelerated the demand for industrial packaging due to increased e-commerce activities."

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Statistic 12

"The Asia-Pacific region accounted for over 35% of the global industrial packaging market in 2021."

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Statistic 13

"Technological advancements in packaging machinery are enhancing efficiency and reducing packaging waste."

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Statistic 14

"Corrugated boxes hold the highest market share in the industrial packaging segment."

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Statistic 15

"Europe is the second-largest market for industrial packaging, contributing to around 30% of the global share."

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Statistic 16

"The shift towards automation in industrial packaging processes is anticipated to reduce operational costs significantly."

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Statistic 17

"Approximately 15% of the industrial packaging is utilized in the automotive industry."

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Statistic 18

"Government regulations regarding sustainable packaging materials are likely to influence market trends."

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Statistic 19

"The rise in the global industrial output has had a positive impact on the industrial packaging market dynamics."

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Statistic 20

"The industrial packaging market in North America is expected to reach USD 18 billion by 2025."

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