Industrial/transportation packaging is the larger packaging market, accounting for 42.7% of world packaging consumption, and is expected to maintain an annual growth rate of 3.1%, reaching 425.6 billion yuan in 2022.

Industrial/transport packaging includes steel frames, drums, medium bulk containers (IBCs) and boxes, gunny bags, drums, Flat noodles/boxes, pallets, foam, folding cartons, corrugated cartons, packaging bags and sub packaging bags. Corrugated cardboard boxes account for a significant share of global industrial/transportation packaging production. In recent years, corrugated cardboard boxes have been thriving due to their versatility, lightweight, high strength, biodegradability, and ease of recycling. The rise of online shopping has to some extent led to a surge in demand for corrugated cardboard boxes.

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