
Study Period | 2019 - 2030 |
Market Size (2025) | USD 70.99 Billion |
Market Size (2030) | USD 100.12 Billion |
CAGR (2025 - 2030) | 7.12 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia-Pacific |
Market Concentration | Low |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Industrial Packaging Market Analysis
The Industrial Packaging Market size is estimated at USD 70.99 billion in 2025, and is expected to reach USD 100.12 billion by 2030, at a CAGR of 7.12% during the forecast period (2025-2030).
The industrial packaging landscape is experiencing significant transformation through technological integration and automation in warehousing operations. The packaging industry has evolved from traditional packaging methods to incorporating advanced solutions like electronic tagging of IBCs for enhanced traceability and real-time monitoring. This shift is particularly evident in the chemical logistics sector, where, according to the American Chemistry Council, American shale gas investments have exceeded USD 202 billion, driving the need for sophisticated industrial packaging materials. The integration of smart technologies has enabled better inventory management, reduced product losses, and improved supply chain visibility across various industrial sectors.
Supply chain optimization has become a central focus for industrial packaging manufacturers, with an emphasis on reducing logistics costs and enhancing operational efficiency. Companies are increasingly adopting multi-material packaging solutions and implementing automated packaging systems that reduce labor requirements and waste while increasing processing speeds for high-volume applications. The industry has witnessed a notable trend toward cube-shaped rigid IBCs with standardized footprint sizes of 48"x40", enabling easier shipping, conveying, and transporting due to their alignment with common pallet sizes in various regions.
Regional trade dynamics continue to reshape the industrial packaging sector, with manufacturers expanding their production capabilities to meet local demand. According to the US Census Bureau, the value of commercial construction has reached USD 91.03 billion, driving significant demand for industrial packaging solutions in the construction sector. This growth has prompted packaging manufacturers to establish strategic production facilities closer to key markets, reducing transportation costs and improving delivery times while maintaining product quality and safety standards.
Innovation in sustainable packaging solutions has emerged as a defining trend, with companies launching new products to address environmental concerns. In May 2023, FlexSack introduced FlexSack-eco, featuring large-sized bulk sacks with 30% post-consumer resin content, marking a significant advancement in sustainable industrial packaging in North America. The industry has also witnessed increased adoption of fiber-based pallets and corrugated packaging solutions, which offer both economic and environmental benefits. According to Singapore's Ministry of National Development projections, concrete consumption is expected to remain within the range of 10.5 to 12.2 million m3 per year until 2025, highlighting the sustained demand for sustainable packaging solutions in the construction sector.
Industrial Packaging Market Trends
Emergence of Sustainable and Recyclable Packaging Materials
The industrial packaging market is witnessing a significant transformation driven by increasing environmental consciousness and stringent regulatory frameworks promoting sustainable packaging solutions. The European Packaging and Packaging Waste Directive has set ambitious targets to recycle at least 65% by weight of all packaging waste, with a specific target of recycling 50% of all plastic packaging materials. This regulatory push has led to substantial investments in sustainable packaging innovations, exemplified by the Smart Sustainable Plastic Packaging (SSPP) program's allocation of GBP 30 million in funding for 18 collaborative projects in March 2022. These initiatives are fundamentally reshaping the industry's approach to material selection and design, promoting the development of eco-friendly alternatives to traditional packaging materials.
Major industry players are actively responding to this sustainability imperative by introducing innovative recyclable solutions and expanding their sustainable product portfolios. For instance, Berry Global's UK division launched a new range of high-strength refuse sacks manufactured from recycled plastics at their Heanor, Derbyshire manufacturing site in 2022. Similarly, International Paper announced significant investments in sustainable packaging solutions, focusing on developing recyclable and biodegradable packaging materials. The industry is also witnessing a growing trend towards the adoption of reusable transport packaging solutions, with companies like Mauser Packaging Solutions introducing new composite pallets designed to increase volume and loading efficiency while maintaining sustainability standards.
Increasing Utilization of Shipping Containers
The growing volume of international trade and the need for efficient, safe transportation of goods across global supply chains is driving increased utilization of shipping containers in industrial packaging. According to recent trade statistics from India, the value of chemicals exported has witnessed remarkable growth, reaching USD 29.11 billion in 2023, demonstrating the rising demand for robust industrial packaging supplies in international trade. This surge in cross-border commerce has led to heightened requirements for specialized packaging solutions, particularly in sectors such as chemicals, pharmaceuticals, and food and beverages, where product integrity during transportation is crucial.
The wine industry exemplifies this trend, with the European Union recording wine production of 159 million hectoliters in 2023, highlighting the growing need for specialized bulk shipping containers. Industrial packaging materials manufacturers are responding to this demand by developing innovative solutions such as Intermediate Bulk Containers (IBCs) that offer cost-effective and safe transportation options for liquid goods. Companies are also expanding their production capabilities to meet this growing demand, as evidenced by Mauser Packaging Solutions' significant investment in advanced equipment to expand its IBC and plastics drum production capabilities. The expansion of manufacturing bases in emerging economies, particularly in Asia-Pacific where China's industrial sector contributed 31.7% to the country's GDP in 2023, is further driving the demand for industrial packaging shipping containers and associated packaging solutions.
Segment Analysis: By Product
Sacks Segment in Industrial Packaging Market
The sacks segment continues to dominate the industrial packaging market, holding approximately 25% market share in 2024. This dominance is driven by their widespread use across various industries, including construction, agriculture, and chemicals. The segment's prominence is particularly notable in the cement and construction industries, where paper-based and polypropylene sacks are extensively used for packaging bulk materials. The adoption of multi-walled paper sacks has gained significant traction due to their enhanced strength-to-weight ratio and improved moisture resistance properties. Major manufacturers are increasingly focusing on developing sustainable sack solutions, incorporating recyclable materials and biodegradable options to align with growing environmental concerns and regulatory requirements.

Drums Segment in Industrial Packaging Market
The drums segment is experiencing robust growth in the industrial packaging market, with an expected growth rate of approximately 5% during 2024-2029. This growth is primarily driven by increasing demand from the chemical and petrochemical industries, where drums are essential for storing and transporting hazardous materials. The segment's growth is further supported by technological advancements in drum manufacturing, including the development of smart drums with tracking capabilities and enhanced safety features. Manufacturers are also focusing on producing lightweight yet durable drums, incorporating recycled materials while maintaining structural integrity and compliance with international transportation regulations.
Remaining Segments in Industrial Packaging Market
The industrial packaging market's other significant segments include Intermediate Bulk Containers (IBCs), pails, and other miscellaneous packaging solutions. IBCs have gained substantial market presence due to their versatility in handling both liquid and solid materials, while pails serve crucial roles in various industries, including paints, chemicals, and food processing. The other packaging solutions segment encompasses specialized containers, corrugated boxes, and custom packaging solutions designed for specific industrial applications. These segments collectively contribute to the market's diversity, offering solutions for different capacity requirements, material compatibility, and handling needs across various industrial sectors.
Segment Analysis: By End-User Industry
Chemicals and Pharmaceuticals Segment in Industrial Packaging Market
The chemicals and pharmaceuticals segment dominates the industrial packaging market, holding approximately 33% market share in 2024. This significant market position is driven by the increasing demand for safe transportation and storage of chemical and pharmaceutical products globally. The segment's dominance is particularly evident in the usage of Intermediate Bulk Containers (IBCs) and drums, which are well-suited for safely transporting various solid or liquid products, including hazardous materials. The pharmaceutical sector's growth, especially in regions like India, which supplies more than half of the global vaccine demand and 40% of generic demand in the United States, has further strengthened this segment's position in the industrial packaging market.
Food and Beverage Segment in Industrial Packaging Market
The food and beverage segment is projected to exhibit the highest growth rate of approximately 7% during the forecast period 2024-2029. This accelerated growth is primarily attributed to the increasing adoption of bulk packaging solutions in the food and beverage industry, particularly in the transportation of dried foods, rice, and coffee. The segment's growth is further supported by the rising demand for sustainable packaging solutions and the increasing preference for corrugated packaging over plastic alternatives. The surge in ecological packaging options has been driven by consumer preferences, with studies indicating that a significant majority of customers consider recyclable packaging crucial in their purchasing decisions.
Remaining Segments in Industrial Packaging Market
The industrial packaging market encompasses several other significant segments, including building and construction, oil and gas and petrochemicals, and automotive sectors. The building and construction segment maintains a strong presence due to the extensive use of industrial sacks for cement and construction materials. The oil and gas and petrochemicals segment relies heavily on specialized drums and containers for the safe transportation of hazardous materials. The automotive sector, while smaller in market share, plays a crucial role in driving innovations in protective packaging solutions for vehicle components and parts. These segments collectively contribute to the market's diversity and drive continuous innovations in packaging solutions to meet specific industry requirements.
Industrial Packaging Market Geography Segment Analysis
Industrial Packaging Market in North America
North America represents a mature industrial packaging market, driven by strong manufacturing industries, technological advancements, and robust supply chain infrastructure. The United States and Canada form the key markets in this region, with significant demand coming from sectors such as chemicals, pharmaceuticals, food and beverages, and automotive industries. The region's focus on sustainable packaging solutions and increasing adoption of recyclable materials continues to shape market dynamics, while stringent regulations regarding packaging waste management influence product development and innovation.

Industrial Packaging Market in the United States
The United States dominates the North American industrial packaging market, benefiting from its large manufacturing base and strong presence of major industrial packaging companies. The country's industrial packaging sector is bolstered by advanced manufacturing industries such as chemicals, pharmaceuticals, food and beverages, and automotive. With approximately 87% industrial packaging market share in North America's industrial packaging market in 2024, the United States maintains its position through continuous innovation in packaging solutions, a strong focus on sustainability, and robust distribution networks. The country's emphasis on e-commerce, digital printing, and sustainability represents key trends that drive market development and growth.
Industrial Packaging Market in Canada
Canada emerges as the fastest-growing market in North America, demonstrating significant potential in the industrial packaging industry. The country's market is experiencing robust growth, with a projected CAGR of approximately 6% during 2024-2029. Canada's growth is driven by increasing demand from the food and beverage industry, an expanding chemical sector, and rising automotive exports. The country's focus on sustainable packaging solutions and investment in advanced manufacturing capabilities continues to attract major industry players, while government initiatives supporting environmental protection further boost the adoption of eco-friendly packaging solutions.
Industrial Packaging Market in Europe
Europe represents a significant market for industrial packaging, characterized by strong environmental regulations and an increasing focus on sustainable packaging solutions. The region encompasses key markets including Germany, the United Kingdom, France, and Russia, each contributing uniquely to the overall market dynamics. European countries' emphasis on circular economy principles and strict waste management regulations continues to drive innovation in recyclable and reusable packaging solutions, while the growing e-commerce sector creates new opportunities for industrial packaging applications.
Industrial Packaging Market in Russia
Russia stands as the largest industrial packaging market in Europe, supported by its robust industrial sector and significant oil and gas industry. With approximately 23% market share in Europe's industrial packaging market in 2024, Russia maintains its leading position through extensive manufacturing activities and growing export operations. The country's large-scale industrial operations, particularly in the chemical and petrochemical sectors, drive substantial demand for various industrial packaging solutions, while its strategic location facilitates trade between Europe and Asia.
Industrial Packaging Market in France
France emerges as the fastest-growing market in Europe, showcasing significant development in the industrial packaging industry. With a projected CAGR of approximately 5% during 2024-2029, France's market demonstrates strong growth potential. The country's expansion is driven by increasing investments in sustainable packaging solutions, a growing food and beverage industry, and rising demand from the pharmaceutical sector. French manufacturers' focus on innovative packaging solutions and commitment to environmental sustainability continues to shape market development.
Industrial Packaging Market in Asia-Pacific
The Asia-Pacific region represents a dynamic market for industrial packaging, characterized by rapid industrialization, increasing manufacturing activities, and growing international trade. Key markets include China, Japan, and India, each contributing significantly to regional growth. The region's expanding manufacturing sector, coupled with increasing foreign direct investments and growing domestic consumption, drives substantial demand for industrial packaging solutions.
Industrial Packaging Market in China
China maintains its position as the largest industrial packaging market in Asia-Pacific, driven by its extensive manufacturing base and robust industrial sector. The country's dominance is supported by its position as a global manufacturing hub, strong chemical and pharmaceutical industries, and expanding e-commerce sector. China's focus on technological advancement and sustainable development continues to shape the industrial packaging landscape across the region.
Industrial Packaging Market in India
India emerges as the fastest-growing market in the Asia-Pacific region, demonstrating remarkable potential in the industrial packaging business. The country's growth is driven by rapid industrialization, an expanding pharmaceutical sector, and increasing investments in manufacturing capabilities. India's focus on modernizing its packaging industry, coupled with government initiatives supporting manufacturing growth, positions it as a key market for future development.
Industrial Packaging Market in Rest of World
The Rest of World region, encompassing Latin America, the Middle East, and Africa, presents diverse opportunities in the global industrial packaging market. These regions demonstrate varying levels of market maturity and growth potential, influenced by factors such as industrialization, economic development, and regulatory frameworks. Brazil emerges as the largest market in this region, while Mexico shows the fastest growth potential, driven by increasing manufacturing activities and growing international trade. The region's development is supported by increasing investments in industrial infrastructure, a growing emphasis on sustainable packaging solutions, and expanding manufacturing sectors.
Industrial Packaging Industry Overview
Top Companies in Industrial Packaging Market
The industrial packaging market features several prominent players, including Mondi PLC, Greif Inc., Berry Global Inc., Amcor PLC, and International Paper Company, who have established strong global presences through extensive manufacturing networks and diverse product portfolios. These industrial packaging manufacturers are driving innovation through sustainable packaging solutions, with significant investments in recyclable materials, barrier technologies, and eco-friendly manufacturing processes. Operational agility is demonstrated through strategic facility expansions, automation of production processes, and optimization of supply chain networks to meet evolving customer demands. Companies are actively pursuing strategic acquisitions and partnerships to strengthen their market positions, particularly in emerging economies and high-growth segments. Geographic expansion remains a key focus, with companies establishing new manufacturing facilities, especially in the Asia-Pacific and Eastern European regions, while simultaneously investing in research and development centers to enhance their technological capabilities and product offerings.
Market Structure Shows Dynamic Competitive Environment
The industrial packaging industry exhibits a moderately fragmented structure, characterized by the presence of both global conglomerates and specialized regional players. Global leaders leverage their extensive resources, integrated supply chains, and broad product portfolios to serve multinational clients across various industries, while regional specialists focus on niche markets and customized solutions. The market demonstrates ongoing consolidation through strategic mergers and acquisitions, as larger players seek to expand their geographic footprint, enhance technological capabilities, and strengthen their position in specific end-user segments. These consolidation activities are particularly prevalent in emerging markets, where established companies are acquiring local players to gain market access and distribution networks.
The competitive dynamics are further shaped by vertical integration strategies, with many players expanding their operations across the value chain to ensure better control over raw material supplies and end-product distribution. Market participants are increasingly focusing on developing comprehensive packaging solutions rather than individual products, incorporating services such as design, testing, and recycling capabilities. The industry is witnessing a shift towards collaborative partnerships between packaging manufacturers and end-users to develop innovative, sustainable solutions that address specific industry challenges and regulatory requirements.
Innovation and Sustainability Drive Future Success
Success in the industrial packaging industry increasingly depends on companies' ability to balance sustainability initiatives with operational efficiency and cost-effectiveness. Market leaders are investing heavily in research and development to create innovative packaging solutions that reduce material usage while maintaining or improving performance characteristics. Companies are also focusing on developing circular economy solutions, including recyclable materials and closed-loop systems, to address growing environmental concerns and regulatory pressures. The ability to provide comprehensive packaging solutions, including digital tracking capabilities and smart packaging features, is becoming increasingly important for maintaining a competitive advantage.
For new entrants and smaller players, success lies in identifying and serving niche markets with specialized solutions that larger competitors may overlook. This includes developing industry-specific expertise, offering customized services, and maintaining flexibility in production capabilities to meet varying customer demands. The market's future will be significantly influenced by regulatory changes regarding sustainable packaging and waste reduction, making it essential for companies to maintain adaptable business models and invest in compliant technologies. End-user concentration in sectors such as chemicals, food and beverages, and pharmaceuticals continues to shape competitive strategies, with successful companies developing strong relationships with key customers while diversifying their customer base to reduce dependency risks.
Industrial Packaging Market Leaders
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WERIT Kunststoffwerke W. Schneider GmbH & Co.
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Mondi Plc
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Greif Inc.
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Mauser Packaging Solutions
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Global-Pak Inc.
- *Disclaimer: Major Players sorted in no particular order

Industrial Packaging Market News
- March 2024: Greif Inc. collaborated with CDF Corporation to launch an innovative redesign of its GCUBE intermediate bulk container (IBC) Flex. It is specially designed to transport highly sensitive and fluid products in a sterile environment. The launch aligns with the firm's overall innovation and investment approach, where sustainable solutions improve customer experience and protect product quality and safety.
- April 2023: Mauser Packaging Solutions unveiled the news of the expansion of its product range in Singapore through its recent investment in modern equipment for producing plastic drums. The investment also enhances the region’s access to the Infinity Series, which is part of a larger product range the company offers.
Industrial Packaging Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
- 4.2 Industry Value Chain Analysis
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4.3 Industry Attractiveness - Porter's Five Forces Analysis
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of New Entrants
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
- 4.4 Impact of Geopolitical Scenarios on the Market
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Emergence of Sustainable and Recyclable Packaging Materials
- 5.1.2 Increasing Utilization of the Shipping Containers
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5.2 Market Restraints
- 5.2.1 Dynamic Changes in Regulatory Standards Due to Increasing Environmental Concerns
6. MARKET SEGMENTATION
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6.1 By Product
- 6.1.1 Intermediate Bulk Containers (IBCs)
- 6.1.2 Sacks
- 6.1.3 Drums
- 6.1.4 Pails
- 6.1.5 Other Products
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6.2 By End-user Industry
- 6.2.1 Automotive
- 6.2.2 Food and Beverage
- 6.2.3 Chemicals and Pharmaceuticals
- 6.2.4 Oil and Gas and Petrochemicals
- 6.2.5 Building and Construction
- 6.2.6 Other End-user Industries
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6.3 By Geography***
- 6.3.1 North America
- 6.3.1.1 United States
- 6.3.1.2 Canada
- 6.3.2 Europe
- 6.3.2.1 Germany
- 6.3.2.2 United Kingdom
- 6.3.2.3 France
- 6.3.2.4 Russia
- 6.3.3 Asia-Pacific
- 6.3.3.1 China
- 6.3.3.2 Japan
- 6.3.3.3 India
- 6.3.3.4 Australia and New Zealand
- 6.3.4 Latin America
- 6.3.5 Middle East and Africa
7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles*
- 7.1.1 WERIT Kunststoffwerke W. Schneider GmbH & Co.
- 7.1.2 Mondi PLC
- 7.1.3 Greif Inc.
- 7.1.4 Mauser Packaging Solutions
- 7.1.5 Global-Pak Inc.
- 7.1.6 Berry Global Inc.
- 7.1.7 Smurfit Kappa Group PLC
- 7.1.8 Tank Holding Corp.
- 7.1.9 International Paper Company
- 7.1.10 Veritiv Corporation
- 7.1.11 Nefab Group
- 7.1.12 Schutz GmbH & Co. KGaA
- 7.1.13 DS Smith PLC
- 7.1.14 Amcor PLC
- 7.1.15 Packaging Corporation of America
- 7.1.16 Pact Group Holdings Ltd
- 7.1.17 Visy
- 7.1.18 Brambles Ltd (CHEP)
- 7.1.19 Snyder Industries LLC
- 7.1.20 Myers Containers
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Industrial Packaging Industry Segmentation
Industrial packaging protects, ships, and stores a wide range of goods. Typically, industrial packaging is done at the production site right after production, although it can be used at any point in the supply chain. This type of packaging is usually done for sensitive products that heavily rely on stability or are hazardous or bulky or for products with components that are sensitive to each other.
The industrial packaging market is segmented by product (intermediate bulk containers (IBCS), sacks, drums, pails, and other products), end-user industries (automotive, food and beverage, chemicals and pharmaceuticals, oil, gas, and petrochemical, building and construction, and other end-user industries), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
By Product | Intermediate Bulk Containers (IBCs) | ||
Sacks | |||
Drums | |||
Pails | |||
Other Products | |||
By End-user Industry | Automotive | ||
Food and Beverage | |||
Chemicals and Pharmaceuticals | |||
Oil and Gas and Petrochemicals | |||
Building and Construction | |||
Other End-user Industries | |||
By Geography*** | North America | United States | |
Canada | |||
Europe | Germany | ||
United Kingdom | |||
France | |||
Russia | |||
Asia-Pacific | China | ||
Japan | |||
India | |||
Australia and New Zealand | |||
Latin America | |||
Middle East and Africa |
Industrial Packaging Market Research FAQs
How big is the Industrial Packaging Market?
The Industrial Packaging Market size is expected to reach USD 70.99 billion in 2025 and grow at a CAGR of 7.12% to reach USD 100.12 billion by 2030.
What is the current Industrial Packaging Market size?
In 2025, the Industrial Packaging Market size is expected to reach USD 70.99 billion.
Who are the key players in Industrial Packaging Market?
WERIT Kunststoffwerke W. Schneider GmbH & Co., Mondi Plc, Greif Inc., Mauser Packaging Solutions and Global-Pak Inc. are the major companies operating in the Industrial Packaging Market.
Which is the fastest growing region in Industrial Packaging Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Industrial Packaging Market?
In 2025, the Asia-Pacific accounts for the largest market share in Industrial Packaging Market.
What years does this Industrial Packaging Market cover, and what was the market size in 2024?
In 2024, the Industrial Packaging Market size was estimated at USD 65.94 billion. The report covers the Industrial Packaging Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Industrial Packaging Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Industrial Packaging Market Research
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