Lewes, DE -- (SBWire) -- 07/01/2016 --Report forecast the global industrial packaging market to grow at a CAGR of 3.47% during the period 2016-2020.
Industrial packaging involves protected storage, transporting, and handling of goods in large quantities from manufacturing centers to distribution centers, where they are packaged for the customers. Industrial packaging containers are available in a wide variety of types and structural forms and are suitable for numerous applications in the chemical, pharmaceutical, and food and beverages industries. The market is characterized by product offerings like plastic crates, biodegradable substitutes, and liners.
The report covers the present scenario and the growth prospects of the global industrial packaging market for 2016-2020. To calculate the market revenue, the revenue generated by vendors is taken into account.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW
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.
Global Industrial Packaging Market 2016-2020, 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.
key players in the global industrial packaging market: Greif, International Paper, Nefab Group, Schutz, and Sonoco.
Other Prominent Vendors in the market are: AmeriGlobe, B.A.G. Corp., Bulk Handling Australia, Bulk Lift International, Chem-Tainer Industries, CorrPak Bulk Packaging Systems, East India Drums & Barrels Manufacturing, Halsted, Hoover Container Solutions, Intertape Polymer Group, J&HM Dickson, Jumbo Bag, Langston, LC Packaging, LinerTech, MiniBulk, Mondi, Remcon Plastics, RDA Bulk Packaging, Schoeller Allibert, Snyder Industries, Taihua Group, and Ven Pack.
Market driver
- Globalization and international trade
- For a full, detailed list, view our report
Market challenge
- Pricing pressure for small vendors
- For a full, detailed list, view our report
Market trend
- Use of biodegradable alternatives
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 79 pages and 40 Exhibit "Global Industrial Packaging Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-industrial-packaging-market-2016-2020
Related Reports;
Global Packaging Sacks Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-packaging-sacks-market-2016-2020
Global Bonding Wire packaging material market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-bonding-wire-packaging-material-market-2016-2020
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions
