Acknowledging the kind of traction gained by this market, recently published a study report asserts the global IBC(Intermediate Bulk Containers) Caps Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.3% during the review period (2022 to 2027).
IBC(Intermediate Bulk Containers) Caps Market Overview
The IBC cap industry is expanding due to stability in a safe and secure mode of packaging. Another factor propelling the IBC cap market is the rise in demand for IBC containers for both hazardous and non-hazardous materials. The manufacturing and logistics sectors' rising need for IBC rental services presents a market opportunity for IBC caps.
The IBC cap market's key obstacles are complicated manufacturing processes and bulky packaging materials. Nevertheless, over the projected period of 2022–2027, corrosion-related problems and the visibility of content will act as a barrier to the growth of the IBC cap market.
The IBC cap industry is expanding due to stability in a safe and secure mode of packaging. Another factor propelling the IBC cap market is the rise in demand for IBC containers for both hazardous and non-hazardous materials. The manufacturing and logistics sectors' rising need for IBC rental services presents a market opportunity for IBC caps.
Recent Developments:
February 2019, Greif acquired Caraustar Industries, Inc., a manufacturers of recycled materials. This acquisition is expected to enhance the recycling process for IBC accessories. Greif also expects the acquisition to improve Greif's existing boundaries; rapid increase in salary and free cash flow; and consolidate and measure Greif's existing portfolio.
Who are the Major Players in IBC(Intermediate Bulk Containers) Caps Market?
The global IBC(Intermediate Bulk Containers) Caps includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Technocraft Industries, Greif, Time Technoplast, DS Smith, Transtainer, Pensteel, Con-Tech International, Qiming Packaging, Plastic Closures, Custom Metalcraft and many others
What are the major Applications, Types and Regions for IBC(Intermediate Bulk Containers) Caps Market?
IBC(Intermediate Bulk Containers) Caps Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
- Plastic IBC
- Metal IBC
- Others
By Application it is segmented into
- Food And Drinks
- Chemical Industry
- Oil
- Agriculture
- Other
IBC(Intermediate Bulk Containers) Caps Market Regional Analysis
Europe currently holds a dominant position in the IBC cap market as a result of expanding chemical, food and beverage, agricultural, and other end-use industries, while Asia-Pacific is anticipated to experience the fastest growth rate from 2022 to 2027 as a result of increased trade between developed and developing nations.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our IBC(Intermediate Bulk Containers) Caps Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 3.3% during the review period (2022 to 2027).
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By Type
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By Application
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- Food And Drinks
- Chemical Industry
- Oil
- Agriculture
- Other
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By Companies
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Technocraft Industries, Greif, Time Technoplast, DS Smith, Transtainer, Pensteel, Con-Tech International, Qiming Packaging, Plastic Closures, Custom Metalcraft
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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130
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this IBC(Intermediate Bulk Containers) Caps Report
- Evaluate IBC(Intermediate Bulk Containers) Caps market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the IBC(Intermediate Bulk Containers) Caps market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the IBC(Intermediate Bulk Containers) Caps market.
Frequently Asked Questions
What is the study period of this market?
The IBC(Intermediate Bulk Containers) Caps Market is studied from 2017 - 2027.
What is the growth rate of IBC(Intermediate Bulk Containers) Caps Market?
The IBC(Intermediate Bulk Containers) Caps Market is growing at a CAGR of 3.3% over the next 5 years.
Who are the leading key players in IBC(Intermediate Bulk Containers) Caps Market?
Technocraft Industries, Greif, Time Technoplast, DS Smith, Transtainer, Pensteel, Con-Tech International, Qiming Packaging, Plastic Closures, Custom Metalcraft
What regions does this IBC(Intermediate Bulk Containers) Caps Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of IBC(Intermediate Bulk Containers) Caps Market?
Plastic IBC, Metal IBC
What are the significant Applications of IBC(Intermediate Bulk Containers) Caps Market?
Food And Drinks, Chemical Industry, Oil, Agriculture, Other
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
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.
