Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the Global Corrugated Paperboard IBCs Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.8% during the review period (2022 to 2027).
A corrugated paperboard IBC is an efficient alternative to conventional Intermediate Bulk Containers. Corrugated paperboard IBCs are widely used to conveyance liquid food and harmless liquid chemicals. Corrugated paperboard IBCs enjoy high preference among logistics facility providers as another and reasonable solution. The global corrugated paperboard IBCs market is expected to have a positive outlook over the forecast period, due to their economical valuing as compared to other solutions, and higher efficiency in saving storage space. Moreover, corrugated paperboard IBCs are more environment friendly than traditional Intermediate Bulk Containers. Conservative methods of transporting bulk liquid using steel and plastic barrels are considered hectic and pose serious challenges to the environment. Due to all these factors, the global corrugated paperboard IBCs market growth is predictable to remain largely positive, during the forecast period.
corrugated paperboard IBCs widely cater to the food & beverage industry, personal care & make-ups industry, a strong demand for products such as cleans and food products is expected to be a key driver for the growth of the global corrugated paperboard IBCs market. The need for maintainable packaging solutions is expected to play a important role in powering the growth of the global corrugated paperboard IBCs market. Despite the positive outlook, there are certain factors, which might hamper the growth of the corrugated paperboard IBCs market. These include the rise of alternative packaging solutions such as Octa-bins.
The Global Corrugated Paperboard IBCs Market includes identification and analysis of the various market participants competing in the global market. Prime competitors include Bulk Handling Australia, BlackVel, Karions Ltd, Qingdao LAF Packaging Co., Ltd., BARR Plastics
September 2021: Heinz partnered with WestRock to replace shrink-wrapped multipacks of Heinz beanz, Heinz soups, and Heinz pasta varieties on supermarket shelves with recyclable paperboard developed by WestRock. The Heinz Eco-Friendly Sleeve is recyclable and comes from sustainably managed forests. The innovative wrap design uses no glue and 50% less material than a fully enclosed wraparound box and 10% less than a traditional paperboard sleeve design.
August 2021: Mondi Group launched seven new sustainable corrugated packaging solutions for growing online grocery delivery services across Central Europe. Grocery retailers can deliver various goods, from perishable food to wine bottles, in these fit-for-purpose packaging. All boxes in the eGrocery portfolio are fully recyclable.
In March 2021: International Paper completed the acquisition of two state-of-the-art corrugated box plants of Ortloff Engineers, Ltd. (Germany). This purchase will enhance the capabilities of the company in Madrid and Catalonia. It offers its customers high-quality packaging solutions in the industrial, fresh fruits and vegetables, and e-commerce segments.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
The European region is expected to account for all-out sales of Corrugated Paperboard IBCs in comparison with all other regions of the globe, with an estimated market share of 27% in 2022 over the global Corrugated Paperboard IBCs market.
The Corrugated Paperboard IBCs Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Corrugated Paperboard IBCs Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 6.8% during the review period (2022 to 2027). |
By Types |
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By Application |
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By Companies | Bulk Handling Australia, BlackVel, Karions Ltd, Qingdao LAF Packaging Co |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 131 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Global Corrugated Paperboard IBCs Market is studied from 2022-2027.
Who are the prime players in the Global Corrugated Paperboard IBCs Market?
Bulk Handling Australia, BlackVel, Karions Ltd, Qingdao LAF Packaging Co
Which region held the largest share in the Global Corrugated Paperboard IBCs Market?
United States, Europe, China, Japan, Southeast Asia, India and Rest of World
What are the significant Types of Global Corrugated Paperboard IBCs Market?
<500 L, 501 L – 1,000 L, 1,001 L – 1,500 L, 1,501-2,000 L, >2000 L
What are the major Application of Global Corrugated Paperboard IBCs Market?
Chemicals, Food & Beverages, Other
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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