The Industrial Packaging Market size is estimated at USD 66.27 billion in 2024, and is expected to reach USD 93.45 billion by 2029, growing at a CAGR of 7.12% during the forecast period (2024-2029).
The industrial packaging market is highly fragmented, with numerous international, regional, and local vendors. Local manufacturers of industrial packaging products cater to unique, innovative solutions at a lower price than international vendors, resulting in an intense price battle.
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