Bulk Container Packaging Market size worth US$ 30.1 Bn, Globally, by 2030 to grow at 6.5% CAGR – according to ChemView Consulting’s Analyst.

“Bulk Container Packaging Market size worth US$ 30.1 Bn, Globally, by 2030 to grow at 6.5% CAGR,” according to ChemView Consulting’s Analyst.

According to a research survey conducted by ChemView Consulting, in 2022, the Global Bulk Container Packaging Market was worth US$ 18.2 Bn and is expected to grow at a CAGR of 6.5% over the forecast period. The market is expected to hit US$ 30.1 Bn by 2030 end.

Bulk containers generally store and transport huge quantities of liquid substrates such as solvents and the harshest chemicals. High-quality plastic material-based bulk containers are particularly useful for food and beverage storage, ensuring the maximum freshness of consumable products.

The industrial chemicals and food and beverage industries are expected to hold most of the global market share during the projected period.

Bulk Container Packaging Market 2017-2030: Report Key Highlights:

  • Detailed information on factors that will assist Global Bulk Container Packaging’s growth during the next eight years
  • Assessment of the historical and current Global Bulk Container Packaging Market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
  • The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
  • Segment-wise, country-wise, and region-wise market analysis
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies

For More Details Visit Our Report Page: https://chemviewconsulting.com/reports/bulk-container-packaging-market/

Key Takeaways

By Type: Flexible bulk container packaging is predicted to account for more than one-fifth of the worldwide market’s value and is expected to grow over the forecast period. This increase is expected due to cost savings on returnable transportation and space savings. FIBCs are adaptable and improve handling and transportation. As a result, they improve the material handling system and supply chain.

By End-User: The industrial chemicals segment will likely maintain its market leadership while experiencing moderate growth during the projection period.

Bulk container packing is widely used in the chemical sector. Shale gas is abundant in the United States and is utilized as a feedstock for manufacturing other chemicals. The abundance of low-cost feedstock available worldwide is attracting numerous investors to the chemicals business. It is expected to result in special packaging and transportation requirements for which bulk container packaging would be perfect, increasing the market’s growth prospects over the next several years.

By Region: North America dominates the bulk container packaging market in terms of market share and revenue, which is expected to continue throughout the forecast period of 2022-2030. This region’s market growth is linked to increased demand for grain, oilseeds, corn, and other commodities and rising exports of alcoholic beverages.

Competition Summary

To compete in the target market, manufacturers are increasing the production of flexible and foldable bulk containers, gradually replacing bulk containers in various end-use sectors. To ensure sustainability, certain players are working on producing recyclable items.

Key companies covered in the market study are Greif, Inc., Berry Global, Inc., Sealed Air Corporation, DS Smith Plc, Mondi Group, Bemis Company, Inc., International Paper Company, Winpak Ltd, Mauser Group B.V and Hoover Ferguson Group

Segments Covered in Report

By Type:

  • Flexitanks
  • Bulk Containers
  • Flexible Bulk Containers
  • Rigid Bulk Containers
  • Bulk Container Liners

By Material:

  • Plastic
    • HDPE
    • LDPE
    • LLDPE
    • PP
    • PVC
    • Others
  • Metals
  • Others (Wood, Fiber, Paper Board)

By End-User:

  • Industrial Chemicals
  • Petroleum and Lubricants
  • Food and Beverages
  • Paints, Inks, and Dyes
  • Pharmaceutical
  • Others

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

About ChemView Consulting’s Packaging Domain

ChemView Consulting’s Packaging domain provides unique, reliable, and in-depth analysis of the packaging business with the help of its in-house and experienced analysts and subject matter experts. The comprehensive coverage includes Packaging Equipment & Materials, Advanced Packaging, Industrial Packaging, Food & Beverage Packaging, Household Packaging, Personal Care and Pharmaceutical Packaging, and ICT Packaging. In addition, for developing – “The Future Growth Plan,” our research studies serve as market reference guides for manufacturers, research institutes, channel partners, and government agencies.

About ChemView Consulting

ChemView Consulting is a leading information, market intelligence, and consulting company serving worldwide Chemicals & Materials, Food & Beverage, Oil & Gas, Clean Energy, and Packaging clients. ChemView Consulting serves clients in approximately 100 countries, with its office in the U.S. and delivery centers in India.

What sets ChemView Consulting apart?

  • Full-time research experts and subject matter experts
  • In-house primary research team
  • The in-house data visualization team
  • Industry-wide network of research partners
  • Database subscriptions
  • The exclusively tailored research process

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