Industrial Packaging Market size was over USD 75.05 billion in 2024 and is anticipated to exceed USD 186.83 billion by the end of 2037, witnessing over 7.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of industrial packaging is evaluated at USD 79.43 billion.
The growth of the market can be attributed to the rising use of packaging in the food and beverage industries. Moreover, it is widely used for beverages packaging, so that it can be transported to various places. As per the reports, the total alcoholic beverage sales have increased to more than 200 Billion in the United States in the year 2021.
Industrial packaging aims to safeguard a product while it is being transported from one location to another. It may take place between companies or suppliers from the same sector. Additionally, it can be transported by truck, ship, plane, or train, among other modes. The industrial packaging must therefore be resistant to vibration and travel. Industrial packaging also contains materials in addition to this protection. It includes many instances of a product with the same final destination. And because it is made specifically for so many different things, it is unique and made of various materials. Large containers are available in wood, plastic, and corrugated cardboard. Even packaging that incorporates these and other materials, as well as the inclusion of additional materials to wrap the interior to safeguard the parts, is available.
Author Credits: Abhishek Anil
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