Middle East and Africa Bulk Container Packaging Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
A bulk container is a reusable industrial container designed for the transport and storage of bulk liquid and granulated substances, including chemicals, food ingredients, solvents, pharmaceuticals and some others in large quantities. The Middle East and Africa Bulk Container Packaging Market are 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.
The Middle East and Africa Bulk Container Packaging Market Segments Size & Growth:
The Middle East and Africa Bulk Container Packaging Market size are projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the Middle East and Africa 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.
Middle East and Africa Bulk Container Packaging Market Segments Share:
Middle East and Africa Bulk Container Packaging Market is segmented on the basis of 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 fiber drums, plastic drums, steel drums and others. Material
Middle East and Africa Bulk Container Packaging Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
handling containers are classified into steel material handling containers, plastic material handling containers and others. Pails are further divided into plastic pails, steel pails, and others. Rigid intermediate bulk containers are again categorized into metal body RIBCs, Plastic body RIBCs and others. Flexitanks is anticipated to account the largest share in the market because these tanks are widely preferred by the oil exporters, as it helps in increasing the profit margin, by reducing the operational expenses and in the food grade product include malts, edible oil and fruit concentrates, beverage and non-hazardous chemicals transportation owing to its high efficiency along with superior protection against contamination. These tanks offer value-added traits as compared to prevailing substitutes including barrels and drums. It is easily disposable, and hence there is no associated cleaning cost as in the case of tank containers and barrels. Flexitanks are suitable in transporting edible & animal oils, glycerine, wine, fruit concentrates, syrups, malts, food additives, paints, and inks. The aforementioned properties along with added advantage offered by the product such as high payloads, low weight, more space, low contamination risk and environment-friendliness will positively impact on the bulk container packaging market size by 2024. Increasing oil, a beverage such as wine, fruit juices and beer demand in BRIC nations will substantially propel the bulk container packaging market size over the forecast timeframe. On the basis of 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. On the basis of Geography, the market is mainly segmented
You can also purchase parts of this report. Do you want to check out a section wise price list
Middle East and Africa Bulk Container Packaging Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
into the Middle East and Africa.
The Middle East and Africa Bulk Container Packaging Market Trends:
- Heater pads by Trans Ocean Bulk Logistics, which provides a safe and efficient way to lower viscosity at low ambient temperatures to ensure products can be efficiently pumped off at the destination.
- Andrew Sangster, Group Technical & Quality Director of Braid Logistics has co-authored the latest version of the industry standard, Publicly Available Standard PAS 1008:2016 specification for the performance and testing of a single use Flexitank.
The Middle East and Africa 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 Middle East and Africa Bulk Container Packaging Market are:
- Trans Ocean Bulk Logistics
- Braid Logistics
- FMC Technologies
- Schutz Vasitex
- Greif
Along with these companies, there were many other companies considered/cited in the report while analysing the Middle East and Africa 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.
Exclusive Benefits
Credibility and
Transparency
We actively recruit consumers, business professionals, and elusive individuals for our research panels, fostering enduring relationships. Our commitment to transparency is evident in the comprehensive listing of primary and secondary data sources, ensuring unwavering credibility in our reports.
Exhaustive
Coverage
Uncover the full spectrum with Envision Intelligence. Our detailed and extensive geographical coverage, coupled with survey consultation services, spans brand tracking, concept testing, and consumer behaviour analysis. Adapt to your evolving needs with scalable market research services that leave no facet unexplored.
Competitive
Edge
Stay ahead with Envision Intelligence. Our reports provide the latest market updates up to the date of purchase. Recognising the urgency of impactful decisions, we deliver timely analyses on the unprecedented choices made by CXOs during the COVID-19 crisis—providing valuable insights at no extra cost.
Golden
pportunities
Unearth hidden gems with Envision Intelligence. Our analysts and consultants conduct a comprehensive strategic sieve analysis, augmented by AI tools, to identify non-obvious, golden, and emerging opportunities. Evaluate possibilities that set you apart in the market.
Top-notch Reportsd
Guaranteed
Experience unparalleled depth with Envision Intelligence. Over 70% of our research is exclusive, establishing us as the premier source for in-depth and extensive market insights. Elevate your decision-making with reports that go beyond the ordinary.
Post Purchase
Support
Empower your journey with Envision Intelligence. Our commitment extends beyond the purchase. Enjoy post-purchase support for three months, with queries addressed within 24 business hours via telephone or email. We stand by you in your quest for ongoing success.