Skip to main content

Posts

Showing posts with the label Packaging Market

Sacks are Projected to Dominate the Industrial Packaging Market through 2021

The Market for Industrial Packaging is projected to grow from USD 54.94 Billion in 2016 to reach USD 93.28 Billion by 2026, at a CAGR of 5.4%. Browse 111 market data tables and 48 figures spread through 168 pages and in-depth TOC on “Industrial Packaging Market by Pack Type (Drums, Containers, Pails, Sacks, Crates), Material (Metal, Paperboard, Wood, Plastic), Application (Automotive, Food & Beverages, Building & Construction, Chemical), and Region - Global Forecast to 2026”. Request Report Sample @ http://bit.ly/2X2PtX3 The industrial packaging market has been categorized based on pack type, material, application, and region. In terms of pack type, the sacks segment accounted for the largest market share, in terms of both value and volume which is projected to grow at the highest CAGR. Plastic packaging sacks are replacing paper and jute packaging because of their versatile properties such as flexibility, durability, lightweight, and low cost. Moreover, plasti...