2024 Packing & Crating Industry Statistics Report

Packing & Crating - Market Size and Industry Forecast

The 2024 Packing and Crating Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Packing & Crating industry.

Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Packing & Crating - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Packing & Crating companies in the United States.

Packing & Crating Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesPacking & Crating
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Packing & Crating - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Packing & Crating - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Packing & Crating - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Packing/packaging services
Other products
Domestic freight transportation arrangement service
International freight forwarding and customs brokerage services
Export freight forwarding services
Van line coordination services
Import freight forwarding services

Packing & Crating - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%


Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations26%
Information and Record Clerks6%
Customer Service Representatives5%
Customer Service Representatives5%
Material Recording, Scheduling, Dispatching, and Distributing Workers10%
Other Office and Administrative Support Workers6%
Production Occupations8%
Transportation and Material Moving Occupations52%
Motor Vehicle Operators9%
Driver/Sales Workers and Truck Drivers7%
Material Moving Workers40%
Laborers and Material Movers, Hand37%
Laborers and Freight, Stock, and Material Movers, Hand15%
Packers and Packagers, Hand21%

Government Contracts

In the past, the federal government spent an annual total of $45,349,113 on the packing & crating industry. It has awarded 3,161 contracts to 176 companies, with an average value of $257,665 per company.

Packing & Crating and Adjacent Industries - Top Companies

($ Millions)


Packing & Crating Industry Research
GeographyUnited States  
Publication DateMay 2024
Report FormatPDF Download  PDF

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Packing & Crating