Raw Material Price Volatility Challenges the Global Industrial Packaging Market Despite Rising Demand from Key Industries - ResearchAndMarkets.com
Industrial packaging encompasses specialized, durable packaging solutions designed for the wrapping, containment, and sealing of FMCG during storage and distribution.
- Industrial packaging encompasses specialized, durable packaging solutions designed for the wrapping, containment, and sealing of FMCG during storage and distribution.
- The global industrial packaging market is segmented by material type into seven categories: corrugated boxes, intermediate bulk containers (IBC), sacks, drums, pails, crates, and others.
- Protective industrial packaging is also essential for the secure transportation of goods, including potential product returns, further boosting the industrial packaging market.
- As raw material costs increase, so do industrial packaging prices, hindering market growth.