According to Cognitive Market Research, The global Lubricant Packaging market will be USD 12.6 billion in 2023 and expand at a compound annual growth rate (CAGR) of 5.80% from 2023 to 2030.
The demand for Lubricant Packaging is rising due to the rise of e-commerce.
Demand for plastic remains higher in the Lubricant Packaging market.
The kegs & drums category held the highest Lubricant Packaging market revenue share in 2023.
North American Lubricant Packaging will continue to lead, whereas the European market will experience the most substantial growth until 2030.
