The North America Industrial Packaging Market is projected to 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 is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $17.22 billion 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.
The US market dominated the North America Industrial Packaging Market by country in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $17.22 billion 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
Market Report Segmentation
By Product Type
- Sacks
- Crates/Totes
- Drums
- IBCs
- Pails
By Material
- Plastic
- Metal
- Paperboard
- Wood
- Fiber
By Application
- Chemical & Pharmaceuticals
- Food & Beverages
- Building & Construction
- Oil & Lubricants
- Agriculture & Horticulture
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Industrial Packaging Market by Product Type
Chapter 6. North America Industrial Packaging Market by Material
Chapter 7. North America Industrial Packaging Market by Application
Chapter 8. North America Industrial Packaging Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- 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
Methodology
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