Packaging touches every industry on the planet, and lubricants and greases are no exception. A products container can influence everything from consumer decisions to warehouse handling, shipping costs, safety and more.
Driven by Autos
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For lubricants, the automotive industry and the desires of the oil majors are in many ways the engine driving the packaging train. According to the Lubricant Packaging Market Report, prepared by Global Market Insights, Automobile led the overall lubricant packaging market in 2016 in terms of volume and shall grow at a prominent rate over the forecast timespan. The growing automobile industry in Asia-Pacific and Latin America will be crucial factors propelling lubricant packaging market growth in the coming years.