According to Stratistics MRC, the Global Intermediate Bulk Containers (IBC) Market is accounted for $19.66 billion in 2020 and is expected to reach $38.61 billion by 2028 growing at a CAGR of 8.8% during the forecast period. Growing export of intermediate bulk container packed products and rising production of chemical and pharmaceutical industries are the major factors propelling the market growth. However, increasing environmental concerns over the use of plastic are hampering market growth.
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By geography, North America is going to have a huge demand during the forecast period due to the increase in the need for chemicals, paints, inks & dyes, and food applications. Increasing industrial output stabilized manufacturing sector and growing demand for efficient industrial packaging solutions are among the factors driving the growth of the IBCs market in this region.
Some of the key players profiled in the Intermediate Bulk Containers (IBC) Market include Berry Global, Inc, Bulk Lift International, Inc, DS Smith Plc, Environment Packaging Technology Inc, HCS Group, Hoover Ferguson Group, International Paper Company, Mauser Packaging Solutions, Mondi Plc, Obal Centrum s.r.o, Pensteel Ltd, Schafer Werke Gmbh, SCHÜTZ GmbH & Co. KGaA, SIA Flexitanks Limited, Snyder Industries, Inc, SYSPAL Ltd, Thielmann US LLC, Time Technoplast Ltd, and Transtainer.
Materials Covered:
• Metal & Paperboard
• Plastic
Product Types Covered:
• Bulk Container Liners
• Flexitanks
• Bags
• Heavy-Gauge Plastic Intermediate Bulk Containers (IBC)
• Folding Intermediate Bulk Containers (IBC)
• Plastic Composite Intermediate Bulk Containers (IBC)
Contents Covered:
• Liquid
• Solid & Semi-Solid
Capacities Covered:
• Flexible Intermediate Bulk Containers (FIBC)
• Rigid Intermediate Bulk Containers (RIBC)
Grades Covered:
• Type A
• Type B
• Type C
• Type D
• Food Grade
End Users Covered:
• Building & Construction
• Chemicals
• Fertilizers
• Agriculture
• Healthcare & Pharmaceuticals
• Mining
• Paints, Inks & Dyes
• Cosmetic & Personal
• Petroleum & Lubricants
• Food & Beverage
• Oil and Gas
• Textile
• Transportation and Logistics
• Waste Disposable
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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