Packaging Industry Driven by Growing Demand for Reliable, Secure Packaging in Industrial Sector
Industrial packaging is the packaging that is used to deliver goods from producer to consumer. Sometimes goods are delivered from manufacturing center to distribution center where they are packaged for the end customers. The growth in the demand for industrial packaging is expected to be driven mainly by the growth in its end-use industries such chemicals, food & beverages and others. Additionally, increase in the export & import activities and the use of container liners further augment the growth of this market. These liners are used for the bulk shipment of goods & commodities. However, stringent rules & regulations may hamper the growth of Packaging Industry . Packaging Industry is expected to grow at CAGR of 5% by 2022. Key Players The key players of Global Packaging Industry report include- International Paper Company, Grief Inc., Nefab Group, Mondi Group, Amcor Ltd, Bemis Company Inc., Orora Group, Mauser Group, Sigma Plastics Group and Wuxi Sifang D...