Chemical Research Report Industrial Packaging Market | Page 2

REPORT DESCRIPTION
Industrial Packaging Market Overview
Industrial packaging is essential for the packaging of industrial goods and products, during or after the
manufacturing process. Industrial packaging is different from others types of packaging. It mainly focusses on the
strength and thickness of the materials used along with secured lock mechanisms and closures. Various industries
use high-quality packaging to meet international packaging standards of providing protective packaging.
Industrial goods are often bulky, heavy, and sensitive to hazards or external contacts, thus industrial packaging
involves the use of different material such as stainless steel, wood, and plastics.
One of the major factors propelling the global growth of this market is rapidly developing construction industry.
According to Coherent Market Insights report, the global construction industry is projected to exhibit a CAGR of
5.8% from 2016 to 2021. Moreover, increasing trend of recyclable and biodegradable packaging materials such as
plastics and paper & paperboard materials, along with increasing consumption of packaged food items coupled
with growing industrialization in the emerging economies such as India, China, and Brazil has propelled the
market growth. Advancement in technology such as nanotechnology in printing and films shows new
opportunities for the growth of industrial packaging.
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