MRO Magazine

Global Industrial Packaging Market to Grow 3.47% by 2020 – Key Vendors are Greif, Nefab Group & Schutz – Research and Markets


July 6, 2016
By Business Wire News

DUBLIN

Research and Markets has announced the addition of the “Global Industrial Packaging Market 2016-2020” report to their offering.

The report forecasts the global industrial packaging market to grow at a CAGR of 3.47% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

A trend helping to boost market growth is the use of biodegradable alternatives. Container liners are the vital packaging materials for the bulk shipment of goods and commodities. These liners are made of polyethylene or polypropylene, which are the important form of plastic. But issues associated with these materials such as landfill waste dumping and pollution have paved the way for use of biodegradable alternatives as raw material. The first generation biodegradable films were a cross between plastics and starch.

According to the report, a key growth driver is increased globalization and international trade. There are two primary elements driving the global industrial packaging market: innovative progression, which has reduced the cost of transportation, and the increase in the liberalization of the trade and capital market, which has increased export and import activities. Many emerging economies such as China, Russia, Brazil, and India are changing their pattern of trade and investment. Demand for oil and agriculture-based commodities is increasing rapidly.

Further, the report states that one challenge that could hamper market growth is the pricing pressure faced by small companies.

Key vendors:

  • Greif
  • International Paper
  • Nefab Group
  • Schutz
  • Sonoco

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Market segmentation by end-user

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Appendix

For more information visit http://www.researchandmarkets.com/research/xzsgz9/global_industrial

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Packaging