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Showing posts with the label Industrial Packaging Market Future

Industrial Packaging Market worth $72.6 billion by 2025

  The global industrial packaging market size is projected to grow from USD 58.8 billion in 2020 to USD 72.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast year. Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=10341323 Food & beverage is estimated to be the largest segment in the industrial packaging market in 2019. Food & beverage, by application, accounted for the largest demand for industrial packaging in 2019, in terms of value and volume. This dominant market position is attributed to the boost in the demand for industrial packaging solution across the food & beverage industry. People are resorting to panic-buying and bulk stocking due to the fear of lockdowns, in COVID-19 pandemic. More people are ordering daily staples and fresh food through online channels, which leads to an increase in the demand for bulk industrial packaging solutions. The APAC region is projected to account for t...