Industrial Packaging Market Share| COVID-19 Impact, Global Size, Analysis and Future Forecast to 2023
Industrial Packaging Market Share| COVID-19 Impact
(firmenpresse) - Industrial Packaging Market Overview
The ability of industrial packaging to handle heavy, bulky and environmentally sensitive products is expected to motivate the market in the coming years. The rising demand witnessed from the end-user sectors such as chemicals & pharmaceuticals, construction, and electronics is expected to further motivate the growth of the market in the forecast period.
Key Players
The key companies functioning in the Industrial Packaging Market Share are Mondi plc (Austria), Amcor Limited (Australia), WestRock Company (U.S.), Greif, Inc. (U.S.), International Paper Company (U.S.), Mauser Group (Germany), Sigma Plastics Group (U.S.), Orora Limited (Australia), Bemis Company, Inc. (U.S.)
Segmental Analysis
The segmentation of the Industrial Packaging Market Share has been carried out on the basis of materials, packaging type, end-user, products, and region. On the basis of packaging type, the Industrial Packaging Market Share is segmented into rigid and flexible. On the basis of materials, the Industrial Packaging Market Share is segmented into plastic, metal, paper, and wood. On the basis of products, the Industrial Packaging Market Share is segmented into boxes, bags, sacks, tanks, barrels, and others. The segmentation on the basis of end-users, the Industrial Packaging Market Share is segmented into construction, food & beverages, electronics, chemicals & pharmaceuticals, and others. The regions included in the Industrial Packaging Market Share are Europe, North America, Asia Pacific and Rest of the World.
Regional Analysis
The COVID-19 Impact consists of regions such as Europe, North America, Asia Pacific and Rest of the World. Among these regions, the Asia Pacific region is expected to be the principal region in the market and can observe outstanding growth over the forecast period. The expansion in the Asia Pacific region is mainly motivated by the growing industrialization and urbanization, increasing consumer spending, and varying lifestyles. The North American region is likely to be the next principal contributor in the market due to the rise in the export and import activities. Moreover, the North American Free Trade Agreement (NAFTA) is anticipated to enhance market growth additionally. The European region controlled the third prime market share in 2016 owing to the strong demand from the pharmaceutical and food & beverages and industry for industrial packaging.
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Datum: 03.06.2020 - 10:58 Uhr
Sprache: Deutsch
News-ID 613665
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Date of sending: 3/06/2020
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