Published by mark itwired
Posted on September 27, 2021
Intermediate bulk containers sales have considerably increased across industries such as FMCG, chemicals, paints, and petroleum. Future Market Insights (FMI) has predicted the sales of intermediate bulk containers (BIC) to increase at 6.8% CAGR through 2031.
There are numerous products that are not traded to different regions due to the unavailability of effective packaging types to transport them. Intermediate bulk containers (RIBCs and FIBCs) are cost-effective packaging solution, which ensure the product is shipped in its original form to the importer.
Prospecting untapped regions for exports of products will create abundance of opportunities for the growth of the IBC market. For example, Europe has highest consumption capacity of organic food products, according to Research Institute of Organic Agriculture.
For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-2036
Shipping of these organic products from various regions will require the use of bulk bags, further strong arming the market in this region. FIBCs are considered most suitable option for the export of food products.
FIBC bags are replacing corrugated boxes, as they have relatively high shelf-life and are light in weight. The use of IBCs for transportation of products and fluids is expected to create impressive opportunities for the bulk container packaging market.
FMI has forecast that the demand and sales of intermediate bulk containers will be definite and in increasing order. Factors such as ever-increasing cross country trade, increased demand for modern containers to carry large liquid quantities and reforming of rigid IBCs for reducing packaging scrap will exponentially increase the sales globally.
“The demand for flexible and rigid intermediate bulk containers is rising globally, especially of their packaging capabilities in liquid, semi-solid and solid contents. This has opened up the doors of opportunities for key manufacturers for maximizing their sales. Increasing emphasis on protective and durable packaging solutions during transit is anticipated to redefine the intermediate bulk containers market growth” says FMI analyst.
Most European countries have witnessed steady recovery from the recent recession caused by pandemic, and the trade activities are likely to increase over the forecast period. This, coupled with healthy growth in trade volume of IBCs in the East Asia & South Asia, is expected to play a crucial role in stabilizing the global trade.
Since there is a noteworthy existence of link between the supply and demand chains for industrial packaging, enhanced industrial packaging demand is evident, with stabilized manufacturing sector output.
Though the demand for IBCs is likely to be concentrated in Asia, contribution to the global demand is also expected from other regions such as Europe and MEA because of increase in transportation of large volume of goods.
The U.S. market is going to exhibit high demand for IBCs over the forecast period, because of increasing volume of export and import goods such as petroleum, food products, chemicals, paints, and others.
Low cost of manufacturing in China and India has led key players across the globe to move their production facilities to countries in the East Asia & South Asia, which has resulted in significant growth in trade value and volume in the region
Greif Inc., SCHUTZ GmbH & Co. KGaA, Mauser Packaging Solutions are the top players operating in the intermediate bulk containers market. Furthermore, Berry Global Inc., International Paper Company, DS Smith Plc and Mondi Group are also the noticeable players in the intermediate bulk containers market. The 3-tier players of the market hold 55-65% in the global intermediate bulk containers market. Summarizing everything key players will contribute almost 35-45% of the global market.
Future Market Insights, in its new report, offers an unbiased analysis of the global intermediate bulk containers market, analyzing historical demand from 2014-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the intermediate bulk containers market on the basis of product type, material type, content, capacity and end use across seven regions.
| Attribute | Details |
| Forecast Period | 2021-2031 |
| Historical Data Available for | 2014-2020 |
| Market Analysis | USD Million for Value and Million Units for Volume |
| Key Regions Covered | North America, Latin America, Europe, MEA, East Asia, South Asia, and Oceania |
| Key Countries Covered | US, Canada, Brazil, Mexico, Germany U.K., France, Italy, Spain, Russia, China, Japan, India, Australia, GCC Countries, Turkey, and South Africa |
| Key Segments Covered | Product, Material, Content, Capacity, End Use, and Region |
| Key Companies Profiled | Thielmann US LLCSchafer Werke GmbhTime Technoplast LtdInternational Paper CompanyDS Smith PlcMondi PlcSCHÜTZ GmbH & Co. KGaAMauser Packaging SolutionsBerry Global, IncHoover Ferguson GroupSnyder Industries, IncBulk Lift International, IncEnvironment Packaging Technology IncHCS GroupTranstainerObal Centrum s.r.oPensteel LtdSYSPAL LtdSIA Flexitanks Limited |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The post Intermediate Bulk Container (IBC) Market | One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2027 first appeared on Market Research Blog.
Intermediate bulk containers sales have considerably increased across industries such as FMCG, chemicals, paints, and petroleum. Future Market Insights (FMI) has predicted the sales of intermediate bulk containers (BIC) to increase at 6.8% CAGR through 2031.
There are numerous products that are not traded to different regions due to the unavailability of effective packaging types to transport them. Intermediate bulk containers (RIBCs and FIBCs) are cost-effective packaging solution, which ensure the product is shipped in its original form to the importer.
Prospecting untapped regions for exports of products will create abundance of opportunities for the growth of the IBC market. For example, Europe has highest consumption capacity of organic food products, according to Research Institute of Organic Agriculture.
For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-2036
Shipping of these organic products from various regions will require the use of bulk bags, further strong arming the market in this region. FIBCs are considered most suitable option for the export of food products.
FIBC bags are replacing corrugated boxes, as they have relatively high shelf-life and are light in weight. The use of IBCs for transportation of products and fluids is expected to create impressive opportunities for the bulk container packaging market.
FMI has forecast that the demand and sales of intermediate bulk containers will be definite and in increasing order. Factors such as ever-increasing cross country trade, increased demand for modern containers to carry large liquid quantities and reforming of rigid IBCs for reducing packaging scrap will exponentially increase the sales globally.
“The demand for flexible and rigid intermediate bulk containers is rising globally, especially of their packaging capabilities in liquid, semi-solid and solid contents. This has opened up the doors of opportunities for key manufacturers for maximizing their sales. Increasing emphasis on protective and durable packaging solutions during transit is anticipated to redefine the intermediate bulk containers market growth” says FMI analyst.
Most European countries have witnessed steady recovery from the recent recession caused by pandemic, and the trade activities are likely to increase over the forecast period. This, coupled with healthy growth in trade volume of IBCs in the East Asia & South Asia, is expected to play a crucial role in stabilizing the global trade.
Since there is a noteworthy existence of link between the supply and demand chains for industrial packaging, enhanced industrial packaging demand is evident, with stabilized manufacturing sector output.
Though the demand for IBCs is likely to be concentrated in Asia, contribution to the global demand is also expected from other regions such as Europe and MEA because of increase in transportation of large volume of goods.
The U.S. market is going to exhibit high demand for IBCs over the forecast period, because of increasing volume of export and import goods such as petroleum, food products, chemicals, paints, and others.
Low cost of manufacturing in China and India has led key players across the globe to move their production facilities to countries in the East Asia & South Asia, which has resulted in significant growth in trade value and volume in the region
Greif Inc., SCHUTZ GmbH & Co. KGaA, Mauser Packaging Solutions are the top players operating in the intermediate bulk containers market. Furthermore, Berry Global Inc., International Paper Company, DS Smith Plc and Mondi Group are also the noticeable players in the intermediate bulk containers market. The 3-tier players of the market hold 55-65% in the global intermediate bulk containers market. Summarizing everything key players will contribute almost 35-45% of the global market.
Future Market Insights, in its new report, offers an unbiased analysis of the global intermediate bulk containers market, analyzing historical demand from 2014-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the intermediate bulk containers market on the basis of product type, material type, content, capacity and end use across seven regions.
| Attribute | Details |
| Forecast Period | 2021-2031 |
| Historical Data Available for | 2014-2020 |
| Market Analysis | USD Million for Value and Million Units for Volume |
| Key Regions Covered | North America, Latin America, Europe, MEA, East Asia, South Asia, and Oceania |
| Key Countries Covered | US, Canada, Brazil, Mexico, Germany U.K., France, Italy, Spain, Russia, China, Japan, India, Australia, GCC Countries, Turkey, and South Africa |
| Key Segments Covered | Product, Material, Content, Capacity, End Use, and Region |
| Key Companies Profiled | Thielmann US LLCSchafer Werke GmbhTime Technoplast LtdInternational Paper CompanyDS Smith PlcMondi PlcSCHÜTZ GmbH & Co. KGaAMauser Packaging SolutionsBerry Global, IncHoover Ferguson GroupSnyder Industries, IncBulk Lift International, IncEnvironment Packaging Technology IncHCS GroupTranstainerObal Centrum s.r.oPensteel LtdSYSPAL LtdSIA Flexitanks Limited |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The post Intermediate Bulk Container (IBC) Market | One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2027 first appeared on Market Research Blog.
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