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Chemicals Packaging Market Share

Report ID: GMI11922
Published Date: Oct 2024
Report Format: PDF

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Chemicals Packaging Market Share

The chemicals packaging industry is fiercely competitive, with global giants and regional players vying for market share. Industry leaders like Greif Inc., Mauser Packaging Solutions, and Smurfit Kappa drive innovation, focusing on sustainability and regulatory compliance. Competition revolves around material innovation, packaging durability, cost efficiency, and eco-friendly designs. Companies are increasingly adopting sustainable materials to meet environmental concerns. Regional players, particularly in Asia-Pacific and Europe, compete by offering specialized solutions for local industries. Technological advancements and strict safety regulations further intensify competition, pushing companies to develop innovative, compliant, and customizable packaging for both commodity and specialty chemicals.

Chemicals Packaging Market Companies

Major players operating in the chemicals packaging industry are:

Advanced Industries Packaging
CDF
Champion Plastics
Codefine
DS Smith
Fres-co
Hoover CS
ILC Dover
Kaufman Container
LC Packaging
Mauser Packaging Solutions
Nampak
NOVA Chemicals
Schutz
Smurfit Kappa
Snyder Industries
Time Technoplast
WestRock

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global market size for chemicals packaging was valued at USD 16.3 billion in 2023 and is expected to reach USD 22.9 billion by 2032, driven by a CAGR of 3.9% from 2024 to 2032.

Plastics held a market share of over 40% in 2023, due to their versatility, cost-effectiveness, and durability.

North America held a significant share of over 25% in the global market in 2023, driven by the U.S.'s vast chemical production, strong manufacturing base, and stringent safety regulations.

Major players in the industry include Advanced Industries Packaging, CDF, Champion Plastics, Codefine, DS Smith, Fres-co, Hoover CS, ILC Dover, and Kaufman Container.