Industrial Packaging & Hardware

The Global Industrial packaging market size was valued at $53,743 million in 2016 and is expected to garner $69,787 million by 2023. Rise in building and construction activities in the majority of the emerging economies especially in India and China, rise in food & beverages industry to meet the demand of a growing population, and the rapid growth of exports, which requires superior packaging standards for the international market, are the major factors that are expected to drive market growth during the forecast period.