Press release
Intermediate Bulk Containers (IBC) Market Size Share Growth and Trends Value Report 2024-2031
The global Intermediate Bulk Containers (IBC) market is anticipated to experience significant growth, projected to achieve a high CAGR from 2023 to 2030. IBCs are utilized across various industries for the transportation and storage of bulk liquids and powders due to their efficiency, cost-effectiveness, and space-saving design.
Market Dynamics and Trends:
The demand for IBCs is driven by their widespread application in industries such as chemicals, food & beverages, cosmetics, and healthcare. Their benefits include efficient space utilization, reduced labor costs, lower freight and storage expenses, and reusable nature, making them a cost-effective alternative to traditional drums.
IBCs are increasingly favored over drums due to their design, which optimizes space and allows for complete drainage, reducing storage and transportation costs by up to 75%. This cost efficiency, combined with ease of handling and reduced risk of contamination, is propelling the market growth.
The growth of global trade, particularly in emerging economies like China and India, is bolstering the demand for IBCs. Governments in these regions are implementing initiatives to boost trade volumes, driving the need for efficient transportation solutions provided by IBCs.
The market faces challenges from the volatility in raw material prices, which increases production costs and affects profitability. This volatility is compounded by supply chain disruptions and import delays, further driving up costs.
Download Sample: https://www.datamintelligence.com/download-sample/intermediate-bulk-containers-market
Market Segmentation:
End-User Segmentation:
Food & Beverages
Industrial Chemicals
Agrochemicals
Petroleum & Lubricants
Construction
Dominant Segment: Industrial Chemicals
The industrial chemicals segment is expected to dominate the market due to stringent regulations on chemical transportation and the need for secure, leak-proof containers. China, as a leading chemical market, significantly contributes to the demand for IBCs in this segment.
Geographical Analysis:
Asia-Pacific holds the largest market share, driven by a robust industrial base and increasing production of food and agricultural commodities. China's industrial growth and India's expanding packaged food market are key contributors. The region's favorable policies and infrastructure development further support market growth.
To access the complete report: https://www.datamintelligence.com/research-report/intermediate-bulk-containers-market
Competitive Landscape:
Key players are Grief Packaging, LLC, Mondi Group, Mauser U.S.A. LLC, Time Technoplast Ltd., Schuetz Container Systems, Synder Industries, Inc., Bulk Lift Global, LLC., Berry Plastics Corporation, Hoover Container Solutions, Inc., DS Smith Plc.
Related Reports:
Insulated Coolers Market: https://www.datamintelligence.com/research-report/insulated-coolers-market
Folding Gluing Machine Market: https://www.datamintelligence.com/research-report/folding-gluing-machine-market
Stretch Hood Films Market: https://www.datamintelligence.com/research-report/stretch-hood-films-market
Paper Tape Market: https://www.datamintelligence.com/research-report/paper-tape-market
Insulated Container Market: https://www.datamintelligence.com/research-report/insulated-container-market
Pharmaceutical Packaging Market: https://www.datamintelligence.com/research-report/pharmaceutical-packaging-market
Contact Us -
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: DataMIntelligence
About Us -
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Intermediate Bulk Containers (IBC) Market Size Share Growth and Trends Value Report 2024-2031 here
News-ID: 3511807 • Views: …
More Releases from DataM Intelligence 4Market Research
United States Neural Processor Market Set to Revolutionize AI Performance with U …
Market Size and Growth:
The Global Neural Processor Market size reached US$ 224.3 Million in 2023 and is expected to reach US$ 882.7 Million by 2031, growing with a CAGR of 18.8% during the forecast period 2024-2031.
The Neural Processor Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants…
United States Produced Water Treatment Market Surges with Innovative Technologie …
Market Size and Growth:
The Global Produced Water Treatment Market size reached USD 9.1 billion in 2022 and is expected to reach USD 14.4 billion by 2030, growing with a CAGR of 5.3% during the forecast period 2024-2031.
The Produced Water Treatment Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for…
United States Reformed Methanol Fuel Cell Market Surges Ahead with Breakthrough …
Market Size and Growth:
The Global Reformed Methanol Fuel Cell (RFMC) Market size reached US$ 2.1 billion in 2022 and is expected to reach US$ 5.9 billion by 2030, growing with a CAGR of 16.2% during the forecast period 2024-2031.
The Reformed Methanol Fuel Cell Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and…
United States Friedreich's Ataxia Market Set for Strong Growth with Breakthrough …
Market Size and Growth:
The Global Friedreich's Ataxia Market size reached US$ 0.96 Billion in 2024 and is expected to reach US$ 2.86 Billion by 2033, growing at a CAGR of 12.9% during the forecast period 2025-2033.
The Friedreichs Ataxia Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants…
More Releases for IBC
Plastic Rigid IBC Market Outlook 2023 to 2033: Development Insights with Horen G …
The global plastic rigid intermediate bulk container (IBC) market is on a robust growth trajectory, driven by increasing demand for bulk packaging, cost-effective solutions, and a global push for sustainability. A new market analysis forecasts the market will expand at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period, from an estimated valuation of $5.9 billion in 2023 to a projected $9.5 billion by 2033.
The surge in…
IBC (Intermediate Bulk Containers) Rental Business Market 2022 Key Country Analy …
IBC (Intermediate Bulk Containers) Rental Business Market study report provides an inclusive breakdown of the IBC (Intermediate Bulk Containers) Rental Business Market size across the world as regional and national level market size evaluation, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background, and sales examination of the financiers. Along with that, the report clarifies the foremost challenges and risks to face in the forecast…
MAUSER Launches New IBC Pallet
MAUSER Group, a worldwide leading company in industrial packaging, launches a new pallet design for its MAUSER SM® IBC Series. Building on the great success of the revolutionary composite pallet design introduced to the market more than a decade ago, the now completely redesigned pallet concept will further strengthen the MAUSER SM® IBC market reputation: High quality composite IBCs – designed for long term strength and optimum reusability.
With the introduction…
arvato Systems at IBC 2012
State-of-the-Art Software Solutions at Europe’s Biggest Broadcasting Conference
(arvato Systems) Cologne/Gütersloh – arvato Systems (formerly S4M – Solutions for Media) will present its software solutions for the 13th time at the International Broadcast Convention in Amsterdam from 7–11 September 2012. IBC is the biggest conference in the broadcasting industry in Europe, receiving more than 50,000 visitors annually.
IBC in Amsterdam is one of the most important events for media…
2wcom Systems successfully at IBC 2011
Flensburg/Germany, 22.09.2011 – 2wcom Systems, the Northern German specialist for audio transmission via satellite, presented successfully its nexgen products at IBC 2011 in Amsterdam. Especially the 2wcom FlexSource, an Audio over IP Receiver with an extreme flexibility in selecting additional sources for redundancy has been of great interest for IBC visitors.
The 2wcom FlexSource allows defining the primary input source for different outputs. Users can select freely among the following input…
Christie Previews 4K at IBC
Christie®, the leader in digital cinema projection, will present a pre-launch demo of its new Solaria™ Series 4K DLP Cinema® projector line for digital cinema at IBC2010 in Amsterdam, September 10-14. Taking the lead with the world’s first demo of a DLP Cinema solution in 4K, the new Christie CP4230 features the enhanced 4K DLP Cinema chip from Texas Instruments (TI) (NYSE: TXN) and is designed to be compliant…
