Global Industrial Packaging Market- Regional Insights
Asia Pacific region held the largest share in the global industrial packaging market, in 2022, accounting for 45.70% market share, owing to huge demand from the food packaging industry in the region. Asia Pacific industrial market was valued at US$ 103.6 billion in 2022, and exhibiting a CAGR of 6.1% from 2023-2030. According to the IBISWorld, China is the largest region, accounting for 53% of the Asia Pacific industrial packaging market.
North America industrial packaging market was valued at 24.70% revenue in 2022, and it is expected to exhibit a CAGR of 5% from 2023-2030. According to IBISWorld, the U.S. is the largest market region, in North America accounting for 85% of the North America industrial packaging market.
Industrial Packaging Market Report Snapshots
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