How big is the Industrial Packaging Market?

The Industrial Packaging Market size is expected to reach USD 66.27 billion in 2024 and grow at a CAGR of 7.12% to reach USD 93.45 billion by 2029. Read More

What is the current Industrial Packaging Market size?

In 2024, the Industrial Packaging Market size is expected to reach USD 66.27 billion. Read More

Who are the key players in Industrial Packaging Market?

WERIT Kunststoffwerke W. Schneider GmbH & Co., Mondi Plc, Greif Inc., Mauser Packaging Solutions and Global-Pak Inc. are the major companies operating in the Industrial Packaging Market. Read More

Which is the fastest growing region in Industrial Packaging Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Industrial Packaging Market?

In 2024, the Asia-Pacific accounts for the largest market share in Industrial Packaging Market. Read More

What years does this Industrial Packaging Market cover, and what was the market size in 2023?

In 2023, the Industrial Packaging Market size was estimated at USD 61.55 billion. The report covers the Industrial Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Industrial Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Industrial Packaging Market Share

Statistics for the 2023 & 2024 Industrial Packaging market share, created by Mordor Intelligence™ Industry Reports. Industrial Packaging share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Industrial Packaging Industry

The industrial packaging market is highly fragmented, with numerous international, regional, and local vendors. Local manufacturers of industrial packaging products cater to unique, innovative solutions at a lower price than international vendors, resulting in an intense price battle.

In January 2024, Greif Inc., one of the global leaders in industrial packaging products and services, and IonKraft, a barrier technology company specializing in plasma-based coatings, announced a new pilot-project partnership. The collaboration focuses on revolutionizing the challenges of recyclability and sustainability in plastic jerrycan packaging that requires an additional barrier solution.
In July 2023, Mondi, a leader in the packaging and paper industry, announced an investment of EUR 16 million in new technology to produce a new packaging range called Functional Barrier Paper Ultimate. The solution aims to meet the growing customer demand for sustainable packaging that contributes to a circular economy.