Hazmat Packaging Market Size Analysis and Top Companies
The global hazmat packaging market size is projected to hit around USD 42.75 billion by 2033 from USD 13.79 billion in 2023 with a CAGR of 11.98%. The major players operating in the hazmat packaging market are Greif, Inc., Sicagen India Limited, Peninsula Drums, Great Western Containers Inc., Myers Container, Balmer Lawrie & Co. Ltd., Schtz GmbH & Co. KGaA, THIELMANN US LLC, Mauser Group, Fibrestar Drums Limited, and Others.
Market Report Coverage
| Report Coverage |
Details |
| Market Size in 2023 |
USD 13.79 Billion |
| Market Size by 2033 |
USD 42.75 Billion |
| Growth Rate from 2024 to 2034 |
CAGR of 11.98% |
| Base Year |
2023 |
| Forecast Period |
2024 to 2034 |
| Segments Covered |
By Product Type, By Material Type, and By End-use |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa
|
Hazmat Packaging Key Players
- Greif, Inc.
- Sicagen India Limited
- Peninsula Drums
- Great Western Containers Inc.
- Myers Container
- Balmer Lawrie & Co. Ltd.
- Schtz GmbH & Co. KGaA
- THIELMANN US LLC
- Mauser Group
- Fibrestar Drums Limited
Recent Development
- In November 2022, Auberst Inc., a California-based distributor of plastic and metal rigid packaging solutions, was acquired by Novvia Group, a global distributor of rigid containers and life sciences packaging. The acquisition helped to expand the company footprint on West Coast.
- In June 2022, Verrerie du Comtat, a provider of glass packaging for the French wine and olive oil end industries, was acquired by Berlin Packaging, the largest Hybrid Packaging Supplier in the world. The wine and olive oil business portfolio of Berlin Packaging will increase as a result of this acquisition.
- In August 2020, a producer and distributor of packing containers for the secure transport of hazardous goods, HAZMATPAC, Inc., was purchased by Pipeline Packaging, the biggest US distributor of rigid industrial containers. This purchase represents a considerable extension of the product range and presents an interesting chance to grow into this specialized industry.
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