Chemical Industry Updates

  Industrial packaging protects and helps prevent damage of products during transportation and storage. It includes pallets, crates, drums, and IBCs used for bulk transportation of industrial goods. The growing demand for protective and durable packaging from various end-use industries like food, beverages, chemicals, construction, and pharmaceuticals is driving the industrial packaging market. The global Industrial Packaging Market is estimated to be valued at US$ 68,677.9 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Sustainable packaging trends are accelerating the growth of the industrial packaging market . Manufacturers are increasingly focusing on producing eco-friendly and recyclable packaging materials like paper and corrugated packaging to reduce waste and meet sustainability targets. Government regulations promoting recycling and reuse are

  Industrial packaging protects and helps prevent damage of products during transportation and storage. It includes pallets, crates, drums, and IBCs used for bulk transportation of industrial goods. The growing demand for protective and durable packaging from various end-use industries like food, beverages, chemicals, construction, and pharmaceuticals is driving the industrial packaging market. The global Industrial Packaging Market is estimated to be valued at US$ 68,677.9 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends :  Sustainable packaging trends are accelerating the growth of the industrial packaging market. Manufacturers are increasingly focusing on producing eco-friendly and recyclable packaging materials like paper and corrugated packaging to reduce waste and meet sustainability targets. Government regulations promoting recycling and reuse ar

  Industrial packaging products are used to pack industrial goods and equipment safely and securely during storage, transportation and distribution. They include drums, pails, crates, boxes and others which provide protection from damages, contamination and handling problems. These packaging solutions ensure safety of products during complex supply chains. The global Industrial Packaging Market is estimated to be valued at US$ 68,677.9 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends in the industrial packaging market is increasing focus on sustainable packaging solutions. With growing awareness about plastic waste and its adverse impact on environment, packaging manufacturers are developing bio-based and eco-friendly packaging options. For example, they are using recycled plastics, bioplastics, paper-based packaging and reusable or r