Industrial packaging is widely used in multiple industries to handle large and heavy items during shipping and storage. In addition, it helps to prevent products from breaking, getting dirty, and loss during logistics and storage. This type of packaging often uses strong materials such as metal, plastic, wood, and thick cardboard. Also, it plays a key role in different sectors like automotive, chemicals, electronics, and construction because it keeps the products safe, durable, and lowers costs.
The industrial packaging domain is expected to surge in the coming years because of emerging trends like digital printing and custom packaging. Also, the rising need for eco-friendly and reusable packaging in the electronics industry is helping the industrial packaging industry expand. Contributing to this movement, Sony, a Japanese multinational electronics and entertainment company, announced its decision to stop using plastic packaging for small electronic devices and replace it with natural blend materials in November 2022.
Moreover, to protect consumers and the environment, governments around the world are setting strict rules for industrial packaging materials. Such rules are driving the growth of sustainable industrial packaging production. In addition, the increasing sustainability demands and ongoing technological advancements in packaging are accelerating the growth of the segment. The rise of advanced technologies help to create eco-friendly packaging materials like biodegradable and compostable, which are stronger and more useful than regular packaging.
Technological advancements and customized solutions drive industrial packaging demand
According to Allied Market Research, the global industrial packaging industry is projected to grow at a CAGR of 4.3% from 2024 to 2033. In addition, technologies are driving innovation in this sector, like smart packaging, 3D printing, active packaging, and nanotechnology. These advancements in packaging technology are expected to boost the growth of this segment in the coming years. New packaging technologies are helping large industries with improved production and supply chains.
Furthermore, the accelerating demand for personalized solutions across various sectors offers great opportunities for this packaging domain. Since each industry needs different types of packaging, this requirement drives manufacturers to develop customized packaging that addresses the special needs of various sectors. This includes packaging solutions created to fulfil specific guidelines and designed to meet the needs of a specific industry.
In addition, the desire for tailored solutions fuels innovation in the packaging market. Industries focusing on specific packaging needs are driving demand for creative and customized options. This includes advancements in packaging materials, designs, functionality, sustainability features, and the integration of technologies such as smart packaging and IoT-enabled solutions. Industrial packaging manufacturers that provide customized and innovative solutions gain a competitive edge by meeting the increasing demand for value-added and unique packaging.
Greif and CDF launched advanced sustainable IBC solution across Europe and Scandinavia
In June 2024, Greif, a global leader in industrial packaging products and services, announced a partnership with CDF Corporation to launch an advanced version of its GCUBE IBC Flex across Europe and Scandinavia. This next-generation intermediate bulk container is specially engineered for transporting sensitive and liquid products under sterile conditions. The new design features CDF’s Form-Fit™ aseptic liner, offering improved evacuation and automatic filling. Its reconditioning capability makes it suitable for closed loop operations in food, beverages, and pharmaceuticals sectors. This launch supports the goal of both companies creating sustainable innovation and is driven by CDF’s new production line in Germany.
Endnote
The industrial packaging industry is evolving to become sustainable and adaptable. Moreover, emerging technologies like IoT and smart packaging are accelerating the growth of this sector. Companies that focus on innovation and adopt smart packaging are in a better position to lead in this rapidly growing segment.