Report Overview
The HAZMAT packaging market is projected to grow at a CAGR of 4.86% between 2025 to 2030.
HAZMAT packaging is also known as Hazardous Material Packaging. HAZMAT packaging is used for packaging hazardous materials and products which need to be transported. The need and regulations by the government regarding the safe packaging of hazardous materials and products are expected to drive the market. Further increasing manufacturing in developing countries owing to increased consumption and demand for products is expected to create opportunities for the HAZMAT packaging market. In addition, the growing E-commerce industry is projected to increase the demand for Hazmat packaging. The key industries driving the Hazmat packaging market are logistics, pharmaceuticals, oil & gas, and chemicals among others. Geographically, Asia-Pacific is expected to hold a significant share in the Hazmat packaging market owing to the increasing e-commerce industry in the region.
DRIVERS
Growing E-commerce industry.
Growing government regulations regarding safe packaging.
RESTRAINTS
Stringent government rules regarding plastic use.
INDUSTRY UPDATE
In November 2018, THIELMANN acquired CONTek IBC-Service GmbH with an aim to expand its service portfolio in different container sectors.
In June 2018, THIELMANN launched IBC ECO-LIGHT cylindrical container for the transport, storage, and dispensing of high-density liquids.
The major players profiled in the HAZMAT packaging market include Hoover Ferguson Group Inc[1], Mauser Group B.V., Eagle Manufacturing Company, SIA Flexitanks, Fibrestar Drums, Patrick J. Kelly Drums, Balmer Lawrie & Co. Ltd., Greif Inc, THIELMANN - The Container Company, Milford Barrel Company, Peninsula Drums, Sicagen India Ltd., and SCHUTZ GmbH & Co. KGaA.
HAZMAT Packaging Market Scope
| Report Metric | Details |
|---|---|
| Forecast Unit | Billion |
| Growth Rate | 4.86% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 β 2030 |
| Segmentation | Material Type, Product, End-User, Geography |
| Companies |
|
Market Segmentation
By Material Type
- Plastic
- Fibre
- Metal
By Product
- Drums
- IBC Tanks
- Others
By End-User
- Pharmaceuticals
- Oil & Gas
- Logistics
- Chemicals
- Others
By Geography
- North America
- USA
- Canada
- Mexico
- Others
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Others
Table of Contents
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HAZMAT Packaging Market Report
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