Report Code: CMI37347

Published Date: January 2024

Pages: 320+

Category: Packaging & Transport

Report Snapshot

CAGR: 4.2%
18.2B
2022
19.1B
2023
27.5B
2032

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Amcor plc
  • Berry Global Group Inc.
  • Mondi Group
  • Sealed Air Corporation
  • Dupont de Nemours Inc.
  • Others

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Reports Description

As per the current market research conducted by the CMI Team, the global Chemical Substance Packaging Market is expected to record a CAGR of 4.2% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 19.1 Billion. By 2032, the valuation is anticipated to reach USD 27.5 Billion.

Chemical Substance Packaging Specifications

Category Specification Examples Notes
Chemical Name, CAS number, UN number Acetic acid, 64-19-7, UN 360 Include relevant safety information.
Physical State Solid, liquid, gas Powder, liquid, compressed gas Consider potential hazards, handling requirements.
Chemical Compatibility Compatible materials for container/closure HDPE, stainless steel, PTFE Choose materials that won’t react with the chemical.
Temperature Requirements Storage and transportation temperature range Ambient, refrigerated, heated Ensure packaging maintains stability within the range.
Source: According to CMI Market Research Team Analysis

The chemical substance packaging market encompasses the production and distribution of packaging solutions tailored for various chemicals, including hazardous and non-hazardous materials. It addresses the stringent safety and regulatory requirements associated with transporting and storing chemicals.

Key players, such as Amcor and Berry Global, drive the market with innovations in sustainable packaging, advanced materials, and technological solutions. The industry is characterized by a focus on eco-friendly practices, customization to meet diverse chemical needs, and adherence to evolving safety standards. It plays a crucial role in ensuring the secure and compliant handling of chemicals across various industries.

Chemical Substance Packaging Market – Significant Growth Factors

The Chemical Substance Packaging Market presents significant growth opportunities due to several factors:

  • Regulatory Compliance and Safety Requirements: Stringent regulations and safety standards governing the handling, transportation, and storage of chemicals drive the demand for specialized and compliant packaging solutions, fostering the growth of the chemical substance packaging market.
  • Increased Chemical Production and Consumption: The growth of chemical manufacturing activities globally, fueled by industrial expansion and consumer demand, propels the need for efficient, secure, and diverse packaging solutions, contributing to the expansion of the market.
  • Advancements in Packaging Materials and Technology: Ongoing innovations in packaging materials, including advancements in barrier coatings, smart packaging, and sustainable materials, drive market growth. Technological advancements enhance the performance, safety, and efficiency of chemical substance packaging.
  • Rising Demand for Sustainable Packaging: The increasing emphasis on environmental sustainability and corporate responsibility has led to a growing demand for sustainable packaging solutions within the chemical industry. Eco-friendly materials, recyclability, and circular economy practices are key drivers shaping the market.
  • Technological Integration and Smart Packaging: The integration of technology, such as RFID tracking and sensors, into chemical substance packaging presents opportunities for enhanced traceability, real-time monitoring, and data-driven insights. Smart packaging solutions contribute to improved safety and efficiency.
  • Customization and Tailored Packaging Solutions: The demand for customized packaging solutions that cater to the specific needs of diverse chemicals presents an opportunity for manufacturers. Tailored packaging designs, adapted to various chemical formulations, contribute to increased efficiency and safety in handling and transportation.

Chemical Substance Packaging Market – Mergers and Acquisitions

The Chemical Substance Packaging Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Chemical Substance Packaging Market include:

  • In 2022, Greif, Inc. entered a binding agreement to acquire Lee Container Corporation, Inc. for USD 300 million. Specializing in high-performance blow-molded containers for the chemicals sector, Lee’s acquisition enhances Greif’s commitment to expanding its jerrycan and small plastic bottle offerings, providing a new growth avenue for the company.
  • In 2022, Austrian packaging firm Alpla Group and Thai chemical corporation PTT Global Chemical opened the Envicco advanced recycling facility in Thailand. This facility processes packaging made from post-consumer recycled resins, showcasing a collaborative effort to enhance sustainable practices in the recycling and treatment of plastic packaging materials.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Chemical Substance Packaging Market. The trend is expected to continue as companies seek a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Chemical Substance Packaging Market 5G Chip Packaging Market Reusable Packaging Market
CAGR 4.2% (Approx) CAGR 14.5% (Approx) CAGR 7% (Approx)
USD 27.5 Billion by 2032 USD 72.1 Billion by 2032 USD 175.55 Billion by 2032

Chemical Substance Packaging Market – Significant Threats

The Chemical Substance Packaging Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

  • Stringent Regulatory Compliance Costs: The implementation of stringent safety and regulatory standards may increase compliance costs for packaging manufacturers. Struggling to meet evolving regulations and invest in necessary certifications poses a threat to smaller players and may lead to increased prices for chemical substance packaging.
  • Volatility in Raw Material Prices: Fluctuations in the prices of raw materials, such as plastics and metals used in packaging, pose a significant threat. Price volatility can impact production costs, leading to increased expenses for packaging manufacturers and potentially affecting market stability.
  • Environmental Concerns and Sustainability Pressures: Growing environmental concerns and increased pressure for sustainable practices may challenge traditional packaging solutions. Companies failing to adopt eco-friendly alternatives and adapt to circular economy principles risk losing market share to competitors offering more sustainable options.
  • Global Economic Uncertainties: Economic uncertainties, such as recessions or financial crises, can impact the chemical substance packaging market. Reduced consumer spending and fluctuations in demand for chemicals may affect production volumes, leading to a decrease in the demand for packaging materials. Economic downturns can pose a threat to market stability.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 19.1 Billion
Projected Market Size in 2032 USD 27.5 Billion
Market Size in 2022 USD 18.2 Billion
CAGR Growth Rate 4.2% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Material Type, Packaging Type, End-Use Industry, Chemical Formulation and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-Wise Insights

By Material Type

  • Plastics: Plastics dominate the chemical substance packaging market due to their versatility, durability, and cost-effectiveness. Recent trends include a shift towards eco-friendly plastics and innovations in lightweight, recyclable materials, aligning with sustainability goals and addressing environmental concerns.
  • Metal: Metal packaging offers robust protection for chemicals. Trends involve advancements in lightweight metal alloys, corrosion-resistant coatings, and increased recyclability, providing secure and sustainable solutions for chemical substance packaging.
  • Glass: Glass, prized for its inert nature, is used for sensitive chemicals. Current trends focus on lightweight, recycling initiatives, and innovations in glass formulations, enhancing safety and sustainability in chemical packaging solutions.
  • Paper & Paperboard: Paper and paperboard are preferred for their biodegradability. Trends include the development of reinforced paper-based packaging, eco-friendly coatings, and increased use of recycled materials, supporting the industry’s push towards sustainable practices.
  • Others: The “Others” category encompasses diverse materials like composites. Emerging trends involve the exploration of alternative, bio-based materials, and the development of hybrid packaging solutions, addressing specific chemical compatibility and sustainability requirements in the chemical substance packaging market.

By Packaging Type

  • Drums: Drums are cylindrical containers used for bulk storage and transport of chemicals. Trends include innovations in lightweight materials, enhanced durability, and smart features for tracking. The focus is on ensuring safety, compliance, and ease of handling in chemical substance packaging.
  • Intermediate Bulk Containers (IBCs): IBCs are cubical or rectangular containers designed for larger capacities. Trends involve advancements in space-efficient designs, single-use IBCs, and IoT integration for monitoring. IBCs cater to industries requiring efficient bulk chemical storage and transport.
  • Bottles & Jars: Bottles and jars are smaller containers for retail packaging. Trends include eco-friendly materials, smart packaging for consumer engagement, and customizable designs. Packaging for bottles and jars aims to balance safety, sustainability, and consumer appeal.
  • Others: The “Others” category encompasses diverse packaging types. Trends involve specialized solutions for unique chemical formulations, such as powders or gases. Innovations focus on addressing specific needs, compliance, and sustainability in chemical substance packaging.

Global Chemical Substance Packaging Market 2023–2032 (By Billion)

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By End Use Industry

  • Chemical Manufacturing: Chemical substance packaging for manufacturing involves specialized solutions for transporting and storing various chemicals. Trends include a focus on compliance with stringent regulations, innovations in durable materials, and heightened emphasis on sustainable packaging practices within the chemical manufacturing sector.
  • Pharmaceuticals: In pharmaceutical packaging, the emphasis is on safety, compliance, and protection of sensitive formulations. Trends include the adoption of tamper-evident packaging, child-resistant closures, and eco-friendly materials, aligning with pharmaceutical industry standards.
  • Agrochemicals: Agrochemical packaging addresses the unique needs of pesticides and fertilizers. Trends include innovations in leak-proof and durable packaging, compliance with agricultural chemical regulations, and a growing preference for sustainable and recyclable materials.
  • Others: Packaging for miscellaneous industries caters to diverse chemical needs. Trends involve customization for specific chemical formulations, increased focus on technological integration for real-time monitoring, and a shift towards sustainable packaging options to meet evolving market demands.

By Chemical Formulation

  • Liquid Chemicals: Packaging for liquid chemicals involves solutions ensuring leak-proof containment. Trends include advancements in barrier coatings for enhanced resistance and eco-friendly packaging materials.
  • Powdered Chemicals: Powdered chemical packaging focuses on preventing contamination and ensuring secure handling. Trends include innovations in sealable and durable packaging designs to enhance safety and facilitate efficient use.
  • Gaseous Chemicals: Gaseous chemical packaging requires specialized solutions to prevent leaks and ensure safe containment. Trends involve advancements in gas-impermeable materials and safety features to address unique challenges posed by gaseous substances.
  • Others: Packaging for other chemical formulations addresses diverse needs. Trends include customization, smart packaging integration, and sustainability initiatives aligning with specific characteristics and requirements of various chemical formulations.

Global Chemical Substance Packaging Market 2023–2032 (By Chemical Formulation)

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Chemical Substance Packaging Market – Regional Analysis

The Chemical Substance Packaging Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

  • North America: In North America, the chemical substance packaging market trends include a growing focus on sustainable and eco-friendly packaging solutions. The region emphasizes compliance with stringent safety regulations, leading to innovations in smart packaging technologies and the integration of recycled materials, aligning with increasing environmental awareness.
  • Europe: In Europe, the chemical substance packaging market sees trends centered around circular economy principles. The region emphasizes recyclability, promoting the use of bio-based materials, and advancing technologies for efficient waste management in the packaging process. Sustainable practices and compliance with stringent environmental regulations are key drivers.
  • Asia-Pacific: Asia-Pacific trends in the chemical substance packaging market involve rapid technological advancements and a surge in e-commerce. The region witnesses an increased demand for convenient and secure packaging for chemicals due to the flourishing manufacturing sector. Customized packaging solutions, cost-effective materials, and smart packaging technologies are prevalent trends.
  • Latin America, Middle East, and Africa (LAMEA): In LAMEA, the chemical substance packaging market trends are influenced by the growing chemical industry and urbanization. The region experiences a shift towards flexible packaging solutions, increased adoption of barrier coatings, and a focus on enhancing packaging durability. Localized innovations cater to specific chemical formulations and market dynamics.

Global Chemical Substance Packaging Market 2023–2032 (By End-Use Industry)

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Competitive Landscape – Chemical Substance Packaging Market

The Chemical Substance Packaging Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

  • Amcor plc
  • Berry Global Group Inc.
  • Mondi Group
  • Sealed Air Corporation
  • Dupont de Nemours Inc.
  • Sonoco Products Company
  • AptarGroup Inc.
  • RPC Group Plc
  • Smurfit Kappa Group plc
  • CCL Industries Inc.
  • Gerresheimer AG
  • Winpak Ltd.
  • Bemis Company Inc.
  • WestRock Company
  • Stora Enso Oyj
  • Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.

Emerging players such as UFlex Ltd., Greif, Inc., and ProAmpac have adopted innovation and development to enter the chemical substance packaging market. They leverage advancements in materials, sustainable practices, and smart packaging technologies to establish a foothold. Established leaders like Amcor plc, Berry Global Group, and Mondi Group dominate the market.

They maintain dominance through extensive R&D, strategic acquisitions, and a global presence. These key players offer diverse and customized packaging solutions, ensuring compliance with safety standards, and continue to invest in sustainability, technology, and efficiency to maintain their competitive edge.

The Chemical Substance Packaging Market is segmented as follows:

By Material Type

  • Plastics
  • Metal
  • Glass
  • Paper & Paperboard
  • Others

By Packaging Type

  • Drums
  • Intermediate Bulk Containers (IBCs)
  • Bottles and Jars
  • Others

By End-Use Industry

  • Chemical Manufacturing
  • Pharmaceuticals
  • Agrochemicals
  • Others

By Chemical Formulation

  • Liquid Chemicals
  • Powdered Chemicals
  • Gaseous Chemicals
  • Others

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Chemical Substance Packaging Market, (2024 – 2033) (USD Billion)
    • 2.2 Global Chemical Substance Packaging Market: snapshot
  • Chapter 3. Global Chemical Substance Packaging Market – Industry Analysis
    • 3.1 Chemical Substance Packaging Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Regulatory Compliance and Safety Requirements
      • 3.2.2 Increased Chemical Production and Consumption
      • 3.2.3 Advancements in Packaging Materials and Technology
      • 3.2.4 Rising Demand for Sustainable Packaging
      • 3.2.5 Technological Integration and Smart Packaging
      • 3.2.6 Customization and Tailored Packaging Solutions.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market Attractiveness Analysis By Material Type
      • 3.7.2 Market Attractiveness Analysis By Packaging Type
      • 3.7.3 Market Attractiveness Analysis By End-Use Industry
      • 3.7.4 Market Attractiveness Analysis By Chemical Formulation
  • Chapter 4. Global Chemical Substance Packaging Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Chemical Substance Packaging Market: Company Market Share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, collaboration, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Chemical Substance Packaging Market – Material Type Analysis
    • 5.1 Global Chemical Substance Packaging Market Overview: By Material Type
      • 5.1.1 Global Chemical Substance Packaging Market Share, By Material Type, 2022 and – 2033
    • 5.2 Plastics
      • 5.2.1 Global Chemical Substance Packaging Market by Plastics, 2024 – 2033 (USD Billion)
    • 5.3 Metal
      • 5.3.1 Global Chemical Substance Packaging Market by Metal, 2024 – 2033 (USD Billion)
    • 5.4 Glass
      • 5.4.1 Global Chemical Substance Packaging Market by Glass, 2024 – 2033 (USD Billion)
    • 5.5 Paper & Paperboard
      • 5.5.1 Global Chemical Substance Packaging Market by Paper & Paperboard, 2024 – 2033 (USD Billion)
    • 5.6 Others
      • 5.6.1 Global Chemical Substance Packaging Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 6. Global Chemical Substance Packaging Market – Packaging Type Analysis
    • 6.1 Global Chemical Substance Packaging Market Overview: By Packaging Type
      • 6.1.1 Global Chemical Substance Packaging Market Share, By Packaging Type, 2022 and – 2033
    • 6.2 Drums
      • 6.2.1 Global Chemical Substance Packaging Market by Drums, 2024 – 2033 (USD Billion)
    • 6.3 Intermediate Bulk Containers (IBCs)
      • 6.3.1 Global Chemical Substance Packaging Market by Intermediate Bulk Containers (IBCs), 2024 – 2033 (USD Billion)
    • 6.4 Bottles and Jars
      • 6.4.1 Global Chemical Substance Packaging Market by Bottles and Jars, 2024 – 2033 (USD Billion)
    • 6.5 Others
      • 6.5.1 Global Chemical Substance Packaging Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 7. Global Chemical Substance Packaging Market – End-Use Industry Analysis
    • 7.1 Global Chemical Substance Packaging Market Overview: By End-Use Industry
      • 7.1.1 Global Chemical Substance Packaging Market Share, By End-Use Industry, 2022 and – 2033
    • 7.2 Chemical Manufacturing
      • 7.2.1 Global Chemical Substance Packaging Market by Chemical Manufacturing, 2024 – 2033 (USD Billion)
    • 7.3 Pharmaceuticals
      • 7.3.1 Global Chemical Substance Packaging Market by Pharmaceuticals, 2024 – 2033 (USD Billion)
    • 7.4 Agrochemicals
      • 7.4.1 Global Chemical Substance Packaging Market by Agrochemicals, 2024 – 2033 (USD Billion)
    • 7.5 Others
      • 7.5.1 Global Chemical Substance Packaging Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 8. Global Chemical Substance Packaging Market – Chemical Formulation Analysis
    • 8.1 Global Chemical Substance Packaging Market overview: By Chemical Formulation
      • 8.1.1 Global Chemical Substance Packaging Market share, By Chemical Formulation, 2022 and – 2033
    • 8.2 Liquid Chemicals
      • 8.2.1 Global Chemical Substance Packaging Market by Liquid Chemicals, 2024 – 2033 (USD Billion)
    • 8.3 Powdered Chemicals
      • 8.3.1 Global Chemical Substance Packaging Market by Powdered Chemicals, 2024 – 2033 (USD Billion)
    • 8.4 Gaseous Chemicals
      • 8.4.1 Global Chemical Substance Packaging Market by Gaseous Chemicals, 2024 – 2033 (USD Billion)
    • 8.5 Others
      • 8.5.1 Global Chemical Substance Packaging Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 9. Chemical Substance Packagings Market – Regional Analysis
    • 9.1 Global Chemical Substance Packagings Market Regional Overview
    • 9.2 Global Chemical Substance Packagings Market Share, by Region, 2022 & – 2033 (USD Billion)
    • 9.3. North America
      • 9.3.1 North America Chemical Substance Packagings Market, 2024 – 2033 (USD Billion)
        • 9.3.1.1 North America Chemical Substance Packagings Market, by Country, 2024 – 2033 (USD Billion)
    • 9.4 North America Chemical Substance Packagings Market, by Material Type, 2024 – 2033
      • 9.4.1 North America Chemical Substance Packagings Market, by Material Type, 2024 – 2033 (USD Billion)
    • 9.5 North America Chemical Substance Packagings Market, by Packagings Type, 2024 – 2033
      • 9.5.1 North America Chemical Substance Packagings Market, by Packagings Type, 2024 – 2033 (USD Billion)
    • 9.6 North America Chemical Substance Packagings Market, by End-Use Industry, 2024 – 2033
      • 9.6.1 North America Chemical Substance Packagings Market, by End-Use Industry, 2024 – 2033 (USD Billion)
    • 9.7 North America Chemical Substance Packagings Market, by Chemical Formulation, 2024 – 2033
      • 9.7.1 North America Chemical Substance Packagings Market, by Chemical Formulation, 2024 – 2033 (USD Billion)
    • 9.8. Europe
      • 9.8.1 Europe Chemical Substance Packagings Market, 2024 – 2033 (USD Billion)
        • 9.8.1.1 Europe Chemical Substance Packagings Market, by Country, 2024 – 2033 (USD Billion)
    • 9.9 Europe Chemical Substance Packagings Market, by Material Type, 2024 – 2033
      • 9.9.1 Europe Chemical Substance Packagings Market, by Material Type, 2024 – 2033 (USD Billion)
    • 9.10 Europe Chemical Substance Packagings Market, by Packagings Type, 2024 – 2033
      • 9.10.1 Europe Chemical Substance Packagings Market, by Packagings Type, 2024 – 2033 (USD Billion)
    • 9.11 Europe Chemical Substance Packagings Market, by End-Use Industry, 2024 – 2033
      • 9.11.1 Europe Chemical Substance Packagings Market, by End-Use Industry, 2024 – 2033 (USD Billion)
    • 9.12 Europe Chemical Substance Packagings Market, by Chemical Formulation, 2024 – 2033
      • 9.12.1 Europe Chemical Substance Packagings Market, by Chemical Formulation, 2024 – 2033 (USD Billion)
    • 9.13. Asia Pacific
      • 9.13.1 Asia Pacific Chemical Substance Packagings Market, 2024 – 2033 (USD Billion)
        • 9.13.1.1 Asia Pacific Chemical Substance Packagings Market, by Country, 2024 – 2033 (USD Billion)
    • 9.14 Asia Pacific Chemical Substance Packagings Market, by Material Type, 2024 – 2033
      • 9.14.1 Asia Pacific Chemical Substance Packagings Market, by Material Type, 2024 – 2033 (USD Billion)
    • 9.15 Asia Pacific Chemical Substance Packagings Market, by Packagings Type, 2024 – 2033
      • 9.15.1 Asia Pacific Chemical Substance Packagings Market, by Packagings Type, 2024 – 2033 (USD Billion)
    • 9.16 Asia Pacific Chemical Substance Packagings Market, by End-Use Industry, 2024 – 2033
      • 9.16.1 Asia Pacific Chemical Substance Packagings Market, by End-Use Industry, 2024 – 2033 (USD Billion)
    • 9.17 Asia Pacific Chemical Substance Packagings Market, by Chemical Formulation, 2024 – 2033
      • 9.17.1 Asia Pacific Chemical Substance Packagings Market, by Chemical Formulation, 2024 – 2033 (USD Billion)
    • 9.18. Latin America
      • 9.18.1 Latin America Chemical Substance Packagings Market, 2024 – 2033 (USD Billion)
        • 9.18.1.1 Latin America Chemical Substance Packagings Market, by Country, 2024 – 2033 (USD Billion)
    • 9.19 Latin America Chemical Substance Packagings Market, by Material Type, 2024 – 2033
      • 9.19.1 Latin America Chemical Substance Packagings Market, by Material Type, 2024 – 2033 (USD Billion)
    • 9.20 Latin America Chemical Substance Packagings Market, by Packagings Type, 2024 – 2033
      • 9.20.1 Latin America Chemical Substance Packagings Market, by Packagings Type, 2024 – 2033 (USD Billion)
    • 9.21 Latin America Chemical Substance Packagings Market, by End-Use Industry, 2024 – 2033
      • 9.21.1 Latin America Chemical Substance Packagings Market, by End-Use Industry, 2024 – 2033 (USD Billion)
    • 9.22 Latin America Chemical Substance Packagings Market, by Chemical Formulation, 2024 – 2033
      • 9.22.1 Latin America Chemical Substance Packagings Market, by Chemical Formulation, 2024 – 2033 (USD Billion)
    • 9.23. The Middle-East and Africa
      • 9.23.1 The Middle-East and Africa Chemical Substance Packagings Market, 2024 – 2033 (USD Billion)
        • 9.23.1.1 The Middle-East and Africa Chemical Substance Packagings Market, by Country, 2024 – 2033 (USD Billion)
    • 9.24 The Middle-East and Africa Chemical Substance Packagings Market, by Material Type, 2024 – 2033
      • 9.24.1 The Middle-East and Africa Chemical Substance Packagings Market, by Material Type, 2024 – 2033 (USD Billion)
    • 9.25 The Middle-East and Africa Chemical Substance Packagings Market, by Packagings Type, 2024 – 2033
      • 9.25.1 The Middle-East and Africa Chemical Substance Packagings Market, by Packagings Type, 2024 – 2033 (USD Billion)
    • 9.26 The Middle-East and Africa Chemical Substance Packagings Market, by End-Use Industry, 2024 – 2033
      • 9.26.1 The Middle-East and Africa Chemical Substance Packagings Market, by End-Use Industry, 2024 – 2033 (USD Billion)
    • 9.27 The Middle-East and Africa Chemical Substance Packagings Market, by Chemical Formulation, 2024 – 2033
      • 9.27.1 The Middle-East and Africa Chemical Substance Packagings Market, by Chemical Formulation, 2024 – 2033 (USD Billion)
  • Chapter 10. Company Profiles
    • 10.1 Amcor plc
      • 10.1.1 Overview
      • 10.1.2 Financials
      • 10.1.3 Product Portfolio
      • 10.1.4 Business Strategy
      • 10.1.5 Recent Developments
    • 10.2 Berry Global Group Inc.
      • 10.2.1 Overview
      • 10.2.2 Financials
      • 10.2.3 Product Portfolio
      • 10.2.4 Business Strategy
      • 10.2.5 Recent Developments
    • 10.3 Mondi Group
      • 10.3.1 Overview
      • 10.3.2 Financials
      • 10.3.3 Product Portfolio
      • 10.3.4 Business Strategy
      • 10.3.5 Recent Developments
    • 10.4 Sealed Air Corporation
      • 10.4.1 Overview
      • 10.4.2 Financials
      • 10.4.3 Product Portfolio
      • 10.4.4 Business Strategy
      • 10.4.5 Recent Developments
    • 10.5 Dupont de Nemours Inc.
      • 10.5.1 Overview
      • 10.5.2 Financials
      • 10.5.3 Product Portfolio
      • 10.5.4 Business Strategy
      • 10.5.5 Recent Developments
    • 10.6 Sonoco Products Company
      • 10.6.1 Overview
      • 10.6.2 Financials
      • 10.6.3 Product Portfolio
      • 10.6.4 Business Strategy
      • 10.6.5 Recent Developments
    • 10.7 AptarGroup Inc.
      • 10.7.1 Overview
      • 10.7.2 Financials
      • 10.7.3 Product Portfolio
      • 10.7.4 Business Strategy
      • 10.7.5 Recent Developments
    • 10.8 RPC Group Plc
      • 10.8.1 Overview
      • 10.8.2 Financials
      • 10.8.3 Product Portfolio
      • 10.8.4 Business Strategy
      • 10.8.5 Recent Developments
    • 10.9 Smurfit Kappa Group plc
      • 10.9.1 Overview
      • 10.9.2 Financials
      • 10.9.3 Product Portfolio
      • 10.9.4 Business Strategy
      • 10.9.5 Recent Developments
    • 10.10 CCL Industries Inc.
      • 10.10.1 Overview
      • 10.10.2 Financials
      • 10.10.3 Product Portfolio
      • 10.10.4 Business Strategy
      • 10.10.5 Recent Developments
    • 10.11 Gerresheimer AG
      • 10.11.1 Overview
      • 10.11.2 Financials
      • 10.11.3 Product Portfolio
      • 10.11.4 Business Strategy
      • 10.11.5 Recent Developments
    • 10.12 Winpak Ltd.
      • 10.12.1 Overview
      • 10.12.2 Financials
      • 10.12.3 Product Portfolio
      • 10.12.4 Business Strategy
      • 10.12.5 Recent Developments
    • 10.13 Bemis Company Inc.
      • 10.13.1 Overview
      • 10.13.2 Financials
      • 10.13.3 Product Portfolio
      • 10.13.4 Business Strategy
      • 10.13.5 Recent Developments
    • 10.14 WestRock Company
      • 10.14.1 Overview
      • 10.14.2 Financials
      • 10.14.3 Product Portfolio
      • 10.14.4 Business Strategy
      • 10.14.5 Recent Developments
    • 10.15 Stora Enso Oyj
      • 10.15.1 Overview
      • 10.15.2 Financials
      • 10.15.3 Product Portfolio
      • 10.15.4 Business Strategy
      • 10.15.5 Recent Developments
    • 10.16 Others.
      • 10.16.1 Overview
      • 10.16.2 Financials
      • 10.16.3 Product Portfolio
      • 10.16.4 Business Strategy
      • 10.16.5 Recent Developments
List Of Figures

Figures NO 1 to 35

List Of Tables

Tables No 1 to 102

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2032

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2032
  • Market revenue estimates and forecasts up to 2032, by technology
  • Market revenue estimates and forecasts up to 2032, by application
  • Market revenue estimates and forecasts up to 2032, by type
  • Market revenue estimates and forecasts up to 2032, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • Amcor plc
  • Berry Global Group Inc.
  • Mondi Group
  • Sealed Air Corporation
  • Dupont de Nemours Inc.
  • Sonoco Products Company
  • AptarGroup Inc.
  • RPC Group Plc
  • Smurfit Kappa Group plc
  • CCL Industries Inc.
  • Gerresheimer AG
  • Winpak Ltd.
  • Bemis Company Inc.
  • WestRock Company
  • Stora Enso Oyj
  • Others

FAQs

The key factors driving the Market are Regulatory Compliance and Safety Requirements, Increased Chemical Production and Consumption, Advancements in Packaging Materials and Technology, Rising Demand for Sustainable Packaging, Technological Integration and Smart Packaging And Customization and Tailored Packaging Solutions.

The “Bottles and Jars” category dominated the market in 2022.

The key players in the market are Amcor plc, Berry Global Group Inc., Mondi Group, Sealed Air Corporation, Dupont de Nemours Inc., Sonoco Products Company, AptarGroup Inc., RPC Group Plc , Smurfit Kappa Group plc, CCL Industries Inc., Gerresheimer AG, Winpak Ltd., Bemis Company Inc. , WestRock Company, Stora Enso Oyj, Others

“Asia-Pacific” had the largest share in the Chemical Substance Packaging Market.

The global market is projected to grow at a CAGR of 4.2% during the forecast period, 2023-2032.

The Chemical Substance Packaging Market size was valued at USD 19.1 Billion in 2023.

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