Industrial Packaging Market Forecast 2021-2026 - PowerPoint PPT Presentation

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Industrial Packaging Market Forecast 2021-2026

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Industrial Packaging market size is forecast to reach $90 billion by 2026, after growing at a CAGR of 5.1% during 2021-2026. – PowerPoint PPT presentation

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Title: Industrial Packaging Market Forecast 2021-2026


1
Industrial Packaging MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Industrial Packaging market size is forecast to
    reach 90 billion by 2026, after growing at
    a CAGR of 5.1 during 2021-2026. The growth is
    attributed to the increased demand in end-use
    industries such as food beverage and
    pharmaceuticals. 
  • The demand for industrial packaging solutions
    such as polyethylene terephthalate packaging for
    food beverage and pharmaceutical applications
    is increasing due to COVID-19. People resort to
    panic-buying and bulk storage because of fear of
    lockdowns. More people order staples and fresh
    food on a daily basis through online channels,
    leading to an increase in demand for
    bulk industrial packaging solutions.

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3
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  • Key Takeaways
  • Asia-Pacific dominates the Industrial Packaging
    market, owing to the flourishing food and
    beverage and chemical industry in the region.
    Increasing per capita income coupled with the
    increasing population are the key factors driving
    the FB and chemical industry in the Asia Pacific
    region.
  • Rapid RD worldwide has led to technological
    advancements, which in turn are expected to drive
    the industrial packaging market during the
    forecast period. The invention of bioplastics
    that are made up of sugar derivatives like
    starch, cellulose, and lactic acid is one of the
    most notable examples.

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4
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Industrial Packaging Market Segment Analysis By
Material Plastic held the largest share in the
industrial packaging market in 2020. Industrial
packaging is the most widely used material type,
owing to advantages such as low weight and
durability when compared to other materials like
wood and glass. Due to their lightweight and
durability, heavy metal cans are increasingly
being replaced. Furthermore, increasing the use
of a robotic device for packaging is a growing
trend in the industry because it reduces the
time-consuming task and the possibility of error.
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5
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Industrial Packaging Market Industry
Outlook  Amcor Limited BAG Corp Chem-Tainer
Industries East India Drums Barrels Sealed
Air International Paper Mondi Orora Packaging
Australia Sonoco Products Company SCHĂśTZ GmbHCo
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6
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Industrial Packaging Market- Forecast(2022 -
2027) Learn More About the Report _at_
https//4eyr.short.gy/3n68To
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Email sales_at_industryarc.com
7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//4eyr.short.gy/SLvQC
    7

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
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