Intermediate Bulk Containers Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Time Technoplast Ltd (TIMETECHNO: NSE), International Paper Company (IP: NYSE), DS Smith Plc (SMDS: LON)

Registering a CAGR of 6.5% over the forecast period, the market value of Intermediate Bulk Containers is expected to reach US$ 960.60 million in the year 2027.

Intermediate Bulk Containers Market Overview

An intermediate bulk container is a vessel used for storage. It is a pallet-mounted industrial-grade reusable container that can be used to store and transport bulk liquids and powders. IBCs are classified into three types: rigid, folding, and flexible, and they are used in the transportation industry to store chemicals, solvents, pharmaceuticals, and other materials.

The growing need to reduce the weight of bulk packaging around the world, as well as the expansion of the manufacturing and construction sectors, particularly in developing regions, are some of the aspects driving the intermediate bulk container market. The growing industrial output of the Chemical Industry, Food Industry, Pharmaceutical Industry, Others, and other industries is propelling the global growth of the FIBC (Flexible Intermediate Bulk Container). Furthermore, increased government initiatives that promote easier trade and transaction of goods have a positive impact on the market.

The growing popularity of reconditioned and rebottled intermediate bulk containers, on the other hand, poses a challenge to the demand for newly manufactured IBCs. Growing investments in various industries, particularly the chemical industry, are a major factor driving up demand for IBCs.

Rise in the chemical and pharmaceutical industries, as well as a rise in investments in the chemical industry, a rise in the industrial packaging market due to a rise in international trade and requirement for cost-effective bulk packaging, and a rise in the beverage industries, are the major factors driving the growth of the intermediate bulk containers (IBC) market, among others. Furthermore, the increase in modernization and continuous R&D activities will create new opportunities for the Intermediate bulk containers (IBC) market in the forecast period of 2022-2027.

Who are the Major Players in the Intermediate Bulk Containers Market?

The global Intermediate Bulk Containers include the identification and analysis of the various market participants competing in the global market. Prominent competitors include Thielmann US LLC, Schafer Werke Gmbh, Time Technoplast Ltd (TIMETECHNO: NSE), International Paper Company (IP: NYSE), DS Smith Plc (SMDS: LON), Mondi Plc, SCHÜTZ GmbH & Co. KGaA, Mauser Packaging Solutions, Berry Global, Inc, Hoover Ferguson Group, Snyder Industries, Inc, Bulk Lift International, Inc, Environment Packaging Technology Inc, HCS Group, Transtainer, Obal Centrum s.r.o, Pensteel Ltd, SYSPAL Ltd, SIA Flexitanks Limited and others.

Industry News and Updates:

• GREIF LAUNCHES REAL-TIME TRACKING FOR IBCS AT THE UPCOMING LOGICHEM VIRTUAL EVENT

September 2, 2020— Greif, a global leader in industrial packaging products and services, has introduced real-time tracking technology for composite Intermediate Bulk Containers (IBCs) as part of its efforts to assist customers in improving performance, lowering costs, and lowering their carbon footprint.

The GCUBE Connect smart packaging technology, developed in collaboration with French specialists in IoT monitoring solutions, Nano-like, provides real-time tracking information about a user's IBC. A customer-facing dashboard displays the location of an IBC, the level of the filled product, and the ambient temperature in real-time.

• Schoellerallibert Introducing ChemiFlow® The 100% plastic UN approved 1200 x 1000mm intermediate bulk container (IBC)

November 2020-- ChemiFlow® is the latest sustainable solution in bulk container manufacturing, designed by Europe's leading logistics innovators. It is versatile, leakproof, and corrosion-resistant. ChemiFlow® is an UN-certified 100 percent plastic, 1200mm x1000mm footprint, 1000L IBC approved to transport hazardous materials. It is resilient, recyclable, and safe. ChemiFlow® is the industry standard for temperature extremes ranging from -18°C to 40°C. It is ideal for industries such as chemicals, cosmetics and pharmaceuticals, pooling, industrial manufacturing, and food and food processing.

Key Market Trends

The expansion of the chemical industry is expected to boost the IBC market.

• The chemical sector's positive outlook is expected to provide significant support to IBC packaging. China, the world's most abundant chemical market, is expected to drive demand.


• Furthermore, the aggressive growth of the food industry in North America has had a direct impact on the increased use of safe agrochemicals for crop production and growth. Large industrial producers, who rely heavily on Intermediate Bulk Containers, have driven ancillary demand for agrochemical packaging.


• The use of rigid IBCs to transport hazardous and valuable chemicals across long stretches of land and water without leakage is growing. These IBCs can also be easily reinforced, which keeps fumes at bay.

What are the major Applications, Types, and Regions for the Intermediate Bulk Containers Market?

The market is segmented based on the type, applications, companies, and regions.

By Product:

• Rigid IBC


• Flexible IBC

By Application, it is segmented into

• Chemicals


• Petroleum & Lubricants


• Paints, Inks & Dyes


• Food & Beverage


• Cosmetic & Personal


• Healthcare & Pharmaceuticals


• Fertilizers


• Agriculture


• Building & Construction


• Mining


• Others

Intermediate Bulk Containers Market Regional Analysis

Among the other regions, Asia-Pacific is expected to grow at the fastest rate during the forecasted period. As a result, the APAC intermediate bulk container market is expected to provide significant business opportunities for vendors.

China was the world's leading chemical exporting country in 2019, with exports totaling USD 74 billion. According to Fuchs Petrolub, China's lubricant market was 7.3 million tonnes in 2019, making it the world's largest lubricant-demanding country.

Furthermore, Japan is the world's fourth-largest importer and exporter of goods, with foreign trade accounting for 36.8 %. Motor vehicles (13.9 %), auto parts and accessories (4.6 %), electronic integrated circuits and microassemblies (3.9 %), ships and boats (1.9 %), and petroleum oils account for the majority of the country's exports (1.6 %). China, the United States, South Korea, Australia, Hong Kong, Saudi Arabia, and Thailand are the country's main partners. The expansion of such industries and the brisk trade have increased demand for IBCs.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• 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
  
  
  
  

The Intermediate Bulk Containers 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 Intermediate Bulk Containers Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Intermediate Bulk Containers Market report scope?

Scope of the Report covers the Intermediate Bulk Containers Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Intermediate Bulk Containers Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Report Attributes	Report Details
Report Title	Intermediate Bulk Containers Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Time Technoplast Ltd (TIMETECHNO: NSE), International Paper Company (IP: NYSE), DS Smith Plc (SMDS: LON)
Forecast Period 2022 to 2027 CAGR	CAGR of 6.5% over the forecast period (2022-2027)
By Type	Rigid IBC Flexible IBC
By Application	Chemicals Petroleum & Lubricants Paints, Inks & Dyes Food & Beverage Cosmetic & Personal Healthcare & Pharmaceuticals Fertilizers Agriculture Building & Construction Mining Others
By Companies	Thielmann US LLC, Schafer Werke Gmbh, Time Technoplast Ltd, International Paper Company, DS Smith Plc, Mondi Plc, SCHÜTZ GmbH & Co. KGaA, Mauser Packaging Solutions, Berry Global, Inc, Hoover Ferguson Group, Snyder Industries, Inc, Bulk Lift International, Inc, Environment Packaging Technology Inc, HCS Group, Transtainer, Obal Centrum s.r.o, Pensteel Ltd, SYSPAL Ltd, SIA Flexitanks Limited
Regions Covered	North America Europe Asia-Pacific Rest of the World
Countries Covered	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
Base Year	2022
Historical Year	2017 to 2021
Forecast Year	2022 to 2027
Number of Pages	149
Customization Available	Yes, the report can be customized as per your needs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Key Takeaways from this Intermediate Bulk Containers Report

• Evaluate Intermediate Bulk Containers market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s 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.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Intermediate Bulk Containers market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Intermediate Bulk Containers Market is studied from 2017 - 2027.

What is the growth rate of the Intermediate Bulk Containers Market?

The Intermediate Bulk Containers Market is growing at a CAGR of 6.5% over the next 5 years.

Who are the key players in Intermediate Bulk Containers Market?

Thielmann US LLC, Schafer Werke Gmbh, Time Technoplast Ltd, International Paper Company, DS Smith Plc, Mondi Plc, SCHÜTZ GmbH & Co. KGaA, Mauser Packaging Solutions, Berry Global, Inc, Hoover Ferguson Group, Snyder Industries, Inc, Bulk Lift International, Inc, Environment Packaging Technology Inc, HCS Group, Transtainer, Obal Centrum s.r.o, Pensteel Ltd, SYSPAL Ltd, SIA Flexitanks Limited

What regions does this Intermediate Bulk Containers Market report cover?

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 Intermediate Bulk Containers Market?

Rigid IBC, Flexible IBC

What are the major end-use applications of the Intermediate Bulk Containers Market?

Chemicals, Petroleum & Lubricants, Paints, Inks & Dyes, Food & Beverage, Cosmetic & Personal, Healthcare & Pharmaceuticals, Fertilizers, Agriculture, Building & Construction, Mining, Others

 

All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.