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The global industrial packaging market is projected to be valued at USD 76.40 billion by 2027, according to a current analysis by Emergen Research. The key factors driving the market are raising living standards,  and increasing global trade. 

The latest report is the most recent study that offers 360° coverage of the Industrial Packaging  industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Industrial Packaging market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.

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Segmental Analysis

The global Industrial Packaging market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Industrial Packaging sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

Key players in the market are Amcor Limited, WestRock Company, Mauser Group, Mondi Plc, Sigma Plastics Group, Greif Inc, Orora Limited, Bemis Company Inc, International Paper Company, and Sonoco

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Further Key Findings from Report Suggest:

• In December 2020, Amcor Limited and Mars Food announced an industry-first move to launch recyclable microwavable rice pouch. Mars Food, in partnership with Amcor Limited, would be launching the first food-safe, mono-material microwavable rice pouch at the beginning of 2021.
• Industrial packaging is often ignored when the thought of the production of goods comes to mind. When choosing what kind of packaging consumers want while purchasing the products , they usually select eco-friendly and within their budget. The packaging should match the size of the products, the right size packaging impacts the consumer's mind, but somehow the right size packaging concept also gets ignored.
• Strict guidelines and laws, rapid industrialization, and rising living standards in North America are factors boosting the market in the region. The industrial packaging market in the region has witnessed strong growth, with the entry of some of the major organizations in pharmaceutical, chemical, and food & beverage industries.

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For the purpose of this report, Emergen Research has segmented the global industrial packaging market based on application, material, product type, and region:

·         Application Outlook (Revenue: USD Billion; Volume: Million MetricTons; 2017–2027)

o    Building & Construction

o    Food & Beverage

o    Automotive

o    Pharmaceutical

o    Others

·         Material Outlook (Revenue: USD Billion; Volume: Million MetricTons; 2017–2027)

o    Wood

o    Metal

o    Plastic

o    Paperboard

·         Product Type Outlook (Revenue: USD Billion; Volume: Million MetricTons; 2017–2027)

o    Sacks

o    Drums

o    Boxes

o    Crates

o    Others

·         Regional Outlook (Revenue: USD Billion; Volume: Million MetricTons; 2017–2027)

o    North America

1.      U.S.

2.      Canada

o    Europe

1.      Russia

2.      U.K.

3.      Germany

4.      France

5.      BENELUX

o    Asia Pacific

1.      China

2.      Japan

3.      India

4.      South Korea

5.      Rest of APAC

o    Latin America

1.      Brazil

2.      Rest of LATAM

o    Middle East & Africa

1.      Saudi Arabia

2.      UAE

3.      Israel

4.      Rest of MEA

Key Points of Industrial Packaging Market:

·         Extensive coverage of the analysis of the Industrial Packaging market

·         Key insights into the regional spread of the industry in key geographies

·         Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market

·         Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Industrial Packaging market

·         Complete data about the key manufacturers and vendors in the Industrial Packaging market

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About Emergen Research

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