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Chemical Packaging Market Size is Expected to Reach US$ 13.0 Billion by 2032 | CAGR: 1.62%

According to the latest report by IMARC Group, The global chemical packaging market size reached US$ 11.3 Billion in 2023.

SHERIDAN, WYOMING, UNITED STATES, January 31, 2024 /EINPresswire.com/ — IMARC Group’s report titled “๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž (๐๐š๐ ๐ฌ ๐š๐ง๐ ๐’๐š๐œ๐ค๐ฌ, ๐ˆ๐ง๐ญ๐ž๐ซ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐๐ฎ๐ฅ๐ค ๐‚๐จ๐ง๐ญ๐š๐ข๐ง๐ž๐ซ๐ฌ, ๐๐š๐ข๐ฅ๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ฎ๐ฆ๐ฌ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ (๐‚๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ๐ฌ, ๐’๐ฉ๐ž๐œ๐ข๐š๐ฅ๐ญ๐ฒ ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ๐ฌ, ๐๐ž๐ญ๐ซ๐จ๐œ๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ๐ฌ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ”. The global chemical packaging market size reached US$ 11.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.0 Billion by 2032, exhibiting a growth rate (CAGR) of 1.62% during 2024-2032.

๐…๐จ๐ซ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐œ๐š๐ง ๐ซ๐ž๐Ÿ๐ž๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/chemical-packaging-market/requestsample

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ:

Increasing advancements in packaging technologies and materials is supporting the market growth. Innovations in packaging, such as improved barrier properties, tamper-evidence, child-resistant closures, and smart packaging technologies, are enhancing the safety and functionality of chemical packaging. These advancements are crucial in maintaining the integrity and shelf-life of chemicals, preventing contamination, and ensuring user safety. Additionally, smart packaging equipped with internet of things (IoT) technology can track and monitor the condition of chemicals during transit, greatly reducing the risk of spills or exposure. Moreover, advancements in sustainable packaging materials, like biodegradable plastics and recyclable materials, are being adopted in response to the growing environmental concerns and stringent regulations.

๐’๐ญ๐ซ๐ข๐ง๐ ๐ž๐ง๐ญ ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ๐ฒ ๐š๐ง๐ ๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐Œ๐š๐ง๐๐š๐ญ๐ž๐ฌ:

Governments and regulatory bodies worldwide are implementing stricter guidelines concerning the packaging of chemicals to ensure safety, reduce environmental impact, and prevent hazardous incidents. These regulations often mandate specific types of packaging materials, labeling, and handling procedures, which prompt companies to invest in compliant and often more advanced packaging solutions. This is leading to innovations in sustainable packaging, such as the use of recycled materials, reduction in packaging size and weight, and development of biodegradable packaging solutions. Compliance with these regulatory and environmental standards is not just a legal necessity but also a factor influencing individual preference and corporate responsibility.

๐‘๐ข๐ฌ๐ข๐ง๐  ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ข๐ง ๐•๐š๐ซ๐ข๐จ๐ฎ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ:

The increasing demand for chemicals across various industries, such as pharmaceuticals, agriculture, food and beverages (F&B), and personal care, is bolstering the market growth. The pharmaceutical industry requires safe and compliant packaging solutions to store and transport chemicals used in medications, aligning with stringent regulatory standards. Additionally, the growing reliance on chemicals in the agricultural sector for fertilizers and pesticides is necessitating robust packaging solutions that ensure safety and efficacy. This diversified and rising demand across industries necessitates advanced packaging solutions, which cater to the specific needs of different chemicals, with a focus on cost-effectiveness, sustainability, and regulatory compliance.

๐‹๐ž๐š๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

Amcor plc
Brainerd Chemical Company Inc.
Bulk-Pack Inc.
Champion Plastics Inc.
Dow Inc.
Greif Inc.
Hoover CS
LC Packaging International B.V.
Mauser Packaging Solutions
Mondi plc
SolvChem Inc.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=5939&flag=C

๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

Bags and Sacks
Intermediate Bulk Containers
Pails and Drums
Others

Bags and sacks exhibit a clear dominance in the market due to their cost-effectiveness, versatility in packaging a wide range of chemicals, and ease of handling and transportation.

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง:

Commodity Chemicals
Specialty Chemicals
Petrochemicals
Others

Commodity chemicals represent the largest segment owing to the high volume of production and widespread use of these chemicals in various industries, necessitating substantial packaging solutions.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Asia Pacific dominates the market, which can be attributed to the growing demand for chemicals in various sectors like construction, automotive, and agriculture.

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The increasing customization and personalization of packaging solutions in response to specific industry needs are contributing to the market growth. Different sectors within the chemical industry present unique requirements in terms of packaging, influenced by the nature of the chemicals, target markets, and application methods. The pharmaceutical industry requires packaging that ensures the stability and sterility of chemicals, while the agricultural sector may prioritize ease of use and distribution. Responding to these diverse needs, packaging companies are offering more specialized and customized packaging solutions, incorporating unique materials, shapes, and functionalities. This trend of customization allows for greater flexibility and optimization in packaging, catering to the specific demands of various industry segments within the market.

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companyโ€™s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
email us here

Originally published at https://www.einpresswire.com/article/685364874/chemical-packaging-market-size-is-expected-to-reach-us-13-0-billion-by-2032-cagr-1-62

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