Bulk container packaging is used to store and transport beverages, oils & fat, non-hazardous chemicals, pharmaceuticals and food products in large quantities. The global bulk container packaging market is driven by their use in the transportation of dry and free-flowing chemicals or materials. The rapid flourishing of the global oil and wine market, high operational value and cost efficiency, increased trade amongst the BRICS nations, rising demand for the longer shelf of the products under varying conditions and increasing awareness and demand for sustainable packaging are the major factors that are boosting the market growth.
Global Bulk Container Packaging Market Segments Size & Growth:
Global Bulk Container Packaging Market size is projected to reach approximately $4.75 billion by the end of 2024 with a CAGR of close to 10.85% from $2.85 billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the Global Bulk Container Packaging Market, high operational value and cost efficiency, the rapid flourishing of the global oil and wine market, rising demand for longer shelf of the products under varying conditions and increasing awareness, increased trade amongst the BRICS nations and demand for sustainable packaging are the key factors that are driving the market growth.
Global Bulk Container Packaging Market Segments Share:
Global Bulk Container Packaging Market is segmented by the type which consists of drums, material handling containers, pails, rigid intermediate bulk containers, flexible intermediate bulk containers, flexitanks, bulk container liners and others. Drums are further segmented into fibre drums, plastic drums, steel drums and others. Material handling containers are classified into
By the end user, the market is segmented into food & beverage, chemicals & pharmaceuticals, agricultural and horticulture products, durable goods, petroleum and lubricants and others. The chemicals and pharmaceuticals segment contributes the largest market share and continues its dominance in the coming years.
By Geography, Asia Pacific holds the largest share in the market owing to the escalating exports of bulk chemicals and oils to Europe and North America. Europe is anticipated to experience the moderate growth in the bulk container packaging market owing to the high export of wine.
One-third of the agricultural land in the U.S. is meant particularly for exports, which drives the need for bulk packaging. Bulk containers offer several advantages including reusability and cost efficiency, leading to their wide
Global Bulk Container Packaging Market Trends:
Global Bulk Container Packaging Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major key players in the Global Bulk Container Packaging Market are:
Along with these companies, there were many other companies considered/cited in the report while analysing the bulk container packaging market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Starting from $2700
Starting from $2700
Starting from $2700
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