North America Industrial Packaging Market Size, Share & Trends Analysis Report By Product Type, By Material, By Application, By Country and Growth Forecast, 2024 - 2031
The North America Industrial Packaging Market would witness market growth of 3.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Industrial Packaging Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $17,228 million by 2031. The Canada market is experiencing a CAGR of 5.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 4.7% during (2024 - 2031).
Industrial packaging encompasses solutions tailored to the requirements of industries and businesses for the secure and efficient handling, storage, and transportation of products. Unlike consumer packaging, which focuses primarily on product presentation and branding, industrial packaging prioritizes durability, functionality, and cost-effectiveness to ensure that products reach their destinations in optimal condition.
Moreover, industrial packaging is integral to numerous sectors, each with distinct requirements and challenges. Industrial products andantes the secure transportation and storage of raw materials, intermediate products, and finished commodities in manufacturing.
The Canadian food and beverage industry has experienced steady growth, driven by changing consumer preferences for convenience, health-conscious products, and premium offerings. This growth fuels demand for diverse industrial packaging solutions that cater to various product types, including ready-to-eat meals, snacks, beverages, and specialty food items. As per the Government of Canada, the food and beverage processing industry were the leading manufacturing sector in Canada by production value in 2022, with sales totaling $156.5 billion.
Based on Product Type, the market is segmented into Sacks, Crates/Totes, Drums, IBCs, and Pails. Based on Material, the market is segmented into Plastic, Metal, Paperboard, Wood, and Fiber. Based on Application, the market is segmented into Chemical & Pharmaceuticals, Food & Beverages, Building & Construction, Oil & Lubricants, Agriculture & Horticulture, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Nefab Group
- Grief, Inc.
- Mondi Plc
- Amcor Plc
- Sigma Plastics Group
- The International Paper Company
- WestRock Company
- Berry Global Group, Inc.
- Sealed Air Corporation
- Brambles Limited
By Product Type
- Sacks
- Crates/Totes
- Drums
- IBCs
- Pails
- Plastic
- Metal
- Paperboard
- Wood
- Fiber
- Chemical & Pharmaceuticals
- Food & Beverages
- Building & Construction
- Oil & Lubricants
- Agriculture & Horticulture
- Others
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Industrial Packaging Market, by Product Type
- 1.4.2 North America Industrial Packaging Market, by Material
- 1.4.3 North America Industrial Packaging Market, by Application
- 1.4.4 North America Industrial Packaging Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis – Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
- Chapter 5. North America Industrial Packaging Market by Product Type
- 5.1 North America Sacks Market by Country
- 5.2 North America Crates/Totes Market by Country
- 5.3 North America Drums Market by Country
- 5.4 North America IBCs Market by Country
- 5.5 North America Pails Market by Country
- Chapter 6. North America Industrial Packaging Market by Material
- 6.1 North America Plastic Market by Country
- 6.2 North America Metal Market by Country
- 6.3 North America Paperboard Market by Country
- 6.4 North America Wood Market by Country
- 6.5 North America Fiber Market by Country
- Chapter 7. North America Industrial Packaging Market by Application
- 7.1 North America Chemical & Pharmaceuticals Market by Country
- 7.2 North America Food & Beverages Market by Country
- 7.3 North America Building & Construction Market by Country
- 7.4 North America Oil & Lubricants Market by Country
- 7.5 North America Agriculture & Horticulture Market by Country
- 7.6 North America Others Market by Country
- Chapter 8. North America Industrial Packaging Market by Country
- 8.1 US Industrial Packaging Market
- 8.1.1 US Industrial Packaging Market by Product Type
- 8.1.2 US Industrial Packaging Market by Material
- 8.1.3 US Industrial Packaging Market by Application
- 8.2 Canada Industrial Packaging Market
- 8.2.1 Canada Industrial Packaging Market by Product Type
- 8.2.2 Canada Industrial Packaging Market by Material
- 8.2.3 Canada Industrial Packaging Market by Application
- 8.3 Mexico Industrial Packaging Market
- 8.3.1 Mexico Industrial Packaging Market by Product Type
- 8.3.2 Mexico Industrial Packaging Market by Material
- 8.3.3 Mexico Industrial Packaging Market by Application
- 8.4 Rest of North America Industrial Packaging Market
- 8.4.1 Rest of North America Industrial Packaging Market by Product Type
- 8.4.2 Rest of North America Industrial Packaging Market by Material
- 8.4.3 Rest of North America Industrial Packaging Market by Application
- Chapter 9. Company Profiles
- 9.1 Nefab Group
- 9.1.1 Company Overview
- 9.1.2 SWOT Analysis
- 9.2 Grief, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Recent strategies and developments:
- 9.2.4.1 Acquisition and Mergers:
- 9.2.5 SWOT Analysis
- 9.3 Mondi Plc
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.5.2 Product Launches and Product Expansions:
- 9.3.6 SWOT Analysis
- 9.4 Amcor Plc
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Product Launches and Product Expansions:
- 9.4.6 SWOT Analysis
- 9.5 Sigma Plastics Group
- 9.5.1 Company Overview
- 9.5.2 SWOT Analysis
- 9.6 The International Paper Company
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Recent strategies and developments:
- 9.6.4.1 Product Launches and Product Expansions:
- 9.6.5 SWOT Analysis
- 9.7 WestRock Company
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Recent strategies and developments:
- 9.7.4.1 Product Launches and Product Expansions:
- 9.8 Berry Global Group, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 SWOT Analysis
- 9.9 Sealed Air Corporation
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 SWOT Analysis
- 9.10. Brambles Limited
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
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