Industrial Packaging Market to Reach $122.6 Billion by 2035
Industrial Packaging Market is poised for steady growth, projected to expand from $76.1 billion in 2025 to $122.6 billion by 2035, registering a CAGR of 4.8% during the forecast period (2026–2035). The market growth is primarily driven by rising global industrial output and increasing demand for safe, efficient, and bulk transportation solutions across key sectors such as chemicals, food processing, and manufacturing. A key macro driver accelerating market expansion is the growth in global chemical production and trade. According to the European Chemical Industry Council (Cefic), the global chemical industry contributes over €5 trillion in sales annually, while the American Chemistry Council (ACC) highlights that chemical shipments continue to rise due to increasing industrial demand. This surge in chemical production directly fuels the demand for industrial packaging solutions such as drums, intermediate bulk containers (IBCs), and sacks for safe storage and transportation of hazardous and non-hazardous materials.
Browse the full report description of “Industrial Packaging Market Size, Share & Trends Analysis Report, By Product Type (Drums, Intermediate Bulk Containers (IBCs), Sacks & Bags, Pails & Jerrycans, Bulk Boxes, Crates & Pallets), By Material Type (Plastic, Metal, Paper & Paperboard, Wood, Composite Materials), By Capacity (Small, Medium, Large), By Application (Storage, Transportation, Handling & Logistics, Hazardous Material Packaging), Forecast Period (2026–2035)” at https://www.omrglobal.com/industry-reports/industrial-packaging-market
Additionally, the International Energy Agency (IEA) reports that global energy demand is expected to grow by nearly 25% by 2040, further driving the need for industrial packaging in oil, gas, and renewable energy supply chains. Industrial packaging plays a critical role in handling bulk materials such as lubricants, chemicals, and raw inputs used in energy production. Furthermore, the UN Comtrade Database indicates a steady rise in global trade volumes, with merchandise trade exceeding $25 trillion annually, underscoring the need for durable, cost-effective packaging solutions to support cross-border logistics. Among product types, Intermediate Bulk Containers (IBCs) are emerging as the fastest-growing segment due to their reusability, high capacity, and cost-efficiency in transporting liquids and semi-solids. For instance, several strategic developments have further strengthened the market landscape. Key industry developments include:
- In November 2024, Amcor plc announced the acquisition of Berry Global Inc. in an approximately $8.4 billion all-stock deal, aimed at strengthening its position in consumer and industrial packaging while expanding its global footprint and innovation capabilities.
- In June 2024, Greif, Inc. announced the expansion of its Intermediate Bulk Container (IBC) production capacity in Europe to meet growing demand from the chemical and food industries and enhance its sustainable packaging solutions portfolio.
These developments highlight a strong shift toward sustainable, reusable, and efficient bulk packaging solutions across industries. From an application perspective, the transportation and logistics segment dominates due to increasing global supply chain activities. The International Trade Centre (ITC) reports a steady rise in export-import activities, particularly in emerging economies, further strengthening the demand for industrial packaging products designed for long-distance transportation and handling efficiency.
Market Coverage
- The market number available for – 2025-2035
• Base year- 2025
• Forecast period- 2026-2035
• Segment Covered-
o By Product Type
o By Material Type
o By Application
o By Capacity
• Competitive Landscape – International Paper, WestRock, Amcor plc, Berry Global Inc., and Tetra Laval.
Key questions addressed by the report
- What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Industrial Packaging Market Report Segment
By Product Type
- Drums (Steel, Plastic, Fiber)
• Intermediate Bulk Containers (IBCs)
• Sacks & Bags (Paper, Plastic, Woven)
• Pails & Jerrycans
• Bulk Boxes (Corrugated, Plastic)
• Crates & Pallets
By Material Type
- Plastic
• Metal
• Paper & Paperboard
• Wood
• Composite Materials
By Capacity
- Small (Up to 20 Litres/Kg)
• Medium (20–200 Litres/Kg)
• Large (Above 200 Litres/Kg)
By Application
- Storage
• Transportation
• Handling & Logistics
• Hazardous Material Packaging
Global Industrial Packaging Market Report Segment by Region
North America
- United States
• Canada
Europe
- UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe
Asia-Pacific
- China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific
Rest of the World
- Latin America
• Middle East & Africa
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