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Emerging Trends to Reshape the Intermediate Bulk Container Market: Addressing Growing Demand For Sustainable Packaging Solutions as a Key Influencer
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Intermediate Bulk Container Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The growth of intermediate bulk container market has been prominent in the past few years and is projected to increase from $3.55 billion in 2024 to $3.84 billion in 2025, showing a compound annual growth rate (CAGR) of 8.3%. The development during the historical era can be associated with the demand from developing economies, market amalgamation and rivalry, progress in the field of material science, enhancement in logistics, and expansion in the chemical industry.
Intermediate Bulk Container Market Size Forecast: What's the Projected Valuation by 2029?
Expectations for robust expansion are anticipated for the intermediate bulk container market in the near future. Predictions detail a growth of up to $5.57 billion by 2029, posting a compound annual growth rate (CAGR) of 9.8%. Factors contributing to this escalation during the projected period includes an increasing requirement for effectual logistics, growing emphasis on sustainability, evolution in the chemical and petrochemical sectors, rising global commerce, and alterations in customer preferences. Foreseeable trends within the projected period involve changing global supply chain dynamics, stringent regulatory compliance and safety standards, increasing demand for malleable packaging solutions, the emergence of circular economy actions, and shifts in material preferences.
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What Are the Drivers Transforming the Intermediate Bulk Container Market?
Increasing global wine trade is predicted to fuel the expansion of the intermediate bulk container market. The surge in wine consumption, particularly during celebrations in numerous countries, amplifies the need for wine and its commerce. Plastic intermediate bulk containers, commonly employed to transport liquids like wine or fuel, are an economically efficient solution that can safely serve a range of sectors. For example, the World Trade Organization, a Switzerland-based international body, reported in October 2023 that the portion of globally traded wine production increased roughly to 42 percent in 2022, up from US$ 50 billion in 2021. Consequently, the rising international wine trade is the driving force behind the growth of the intermediate bulk container market.
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What Are the Key Trends Driving Intermediate Bulk Container Market Growth?
Leading businesses in the intermediate bulk container market are concentrating on the expansion of their production facilities to satisfy the rising need for effective and environmentally friendly bulk packaging solutions. A production facility is a specific location fitted with machinery, resources, and staff specialized in mass production and assembly of goods or delivery of services. For instance, in September 2023, Greif Inc., an industrial packaging company based in the United States, inaugurated a new manufacturing plant for intermediate bulk containers (IBCs) in Dilovasi, Turkey. This move exemplifies their commitment to strengthening their global operations and enhancing their service abilities to more effectively serve customers in Turkey and neighboring regions.
Which Segments in the Intermediate Bulk Container Market Offer the Most Profit Potential?
The intermediate bulk containermarket covered in this report is segmented -
1)By Type: Rigid IBC, Flexible IBC
2)By Grade: Type A, Type B, Type C, Type D, Food Grade
3)By Material: Plastic, Metal
4)By End-user: Chemical, Pharmaceutical, Food And Beverage, Other End-Users
Subsegments:
1) By Rigid IBC: Polyethylene IBC, Steel IBC, Aluminum IBC, Composite IBC
2) By Flexible IBC: FIBC (Flexible Intermediate Bulk Containers), Bag-in-Box IBC, Pillow IBC
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Which Firms Dominate the Intermediate Bulk Container Market by Market Share and Revenue in 2025?
Major companies operating in the intermediate bulk container market include Berry Global Group Inc., DS Smith plc, Mondi plc, Greif Flexible Products and Services, Brambles Limited, MAUSER Corporate GmbH, Myers Industries Inc., Time Technoplast Ltd., BWAY Corporation, LC Packaging International BV, Bulk Lift International LLC, Nefab Group, Hoover Ferguson Group Inc., Schuetz Container System Inc., Snyder Industries Inc., Plymouth Industries LLC, CorrPak Bulk Packaging systems LLC, Global-Pak LLC, System Schafer Werke Gmbh, Thermoflex LLC, Arlington Packaging Limited, Environmental Packaging Technologies Inc., Qingdao LAF Packaging Co. Ltd., Büscherhoff Spezialverpackung GmbH & Co. KG, RDA Bulk Packaging Ltd., Gaoqing Anthente Container Package Company Limited, Ven Pack, Heritage B B.V., Schoeller Arca Systems Holding B.V.
Which Regions Offer the Highest Growth Potential in the Intermediate Bulk Container Market?
North America was the largest region in the intermediate bulk container market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intermediate bulk container market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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