Industrial Packaging Market Segmentation:
End-user Segment Analysis
The industrial packaging market is segmented and analyzed for demand and supply by end user into automotive, food & beverages, building & construction, pharmaceuticals, chemical, oil & gas, and others. Out of these sub-segments, the food & beverages segment is estimated to gain the largest market share by the end of the year 2035. The growth of the segment can be attributed to the increasing number of people ordering food and beverages through e-commerce platforms, which increases the need for corrugated packaging. In addition, the packaging meets the need for the food safety requirements set by the regulatory bodies. Moreover, the industrial packaging is used for the preservation of food and beverage products while they are delivered from the manufacturers to the retailers. Therefore, all these attributes are predicted to increase the growth of the segment in the market. According to the survey, it is anticipated that the food and beverages. More than 80 percent of the people in India use food through delivery apps owing to the convenience.
Product Type Segment Analysis
The global industrial packaging market is also segmented and analyzed for demand and supply by product type into crates, snacks, corrugated box, drums, pails, intermediate bulk containers (IBC), and others. Amongst these three segments, the corrugated box segment is expected to garner a significant share of around 46% in the year 2035. This can be attributed to the benefits attached to the corrugated box such as its high structural strength, and cushioning properties, which make it a better option for packing fragile products. Moreover, they are able to pack different varieties of products that are of different shapes and sizes. Moreover, they are able to transport goods and products that are delicate in nature. This, as a result, is anticipated to create numerous opportunities for the growth of the segment in the coming years.
Our in-depth analysis of the global Industrial packaging market includes the following segments:
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By End User |
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By Material |
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By Product Type |
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