Packaging / IBC Caps Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Technocraft Industries, Greif, Time Technoplast, DS Smith, Transtainer
IBC Caps Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Technocraft Industries, Greif, Time Technoplast, DS Smith, Transtainer
Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global IBC Caps Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 3.5% during the review period (2022 to 2027).
IBC Caps Market Overview
The growing demand of containerization of a wide range of consumer and industrial products has been directly impacting the growth of Global IBC cap market. IBC caps (Intermediate Bulk Containers) cover parts of IBC containers usually made of metal and plastic. IBC caps also ensure that the container is properly sealed and is proof of leakage. Manufacturers of IBC have been involved in the development of accessories that help and provide a unique set of containers. IBC caps also provide for the evacuation of proof of leaks and ensure that spills do not occur leading to loss of property. Stability in a safe and secure mode of packaging is a driving factor for the growth of the IBC cap market. Growth in demand for IBC containers for hazardous, as well as non-hazardous products is also a driving factor for the IBC cap market. An increase in demand for IBC rental services for the manufacturing and logistics industry is an opportunity for the IBC cap market.
Industry Updates:
October 18, 2019, US bulk container firm Greif opens IBC molding site in Russia-
U.S. industrial packaging specialist Greif Inc. is expanding container manufacturing in Russia with the launch of a new plant to produce food-grade intermediate bulk containers (IBC) near Moscow.
What are the major Applications, Types and Regions for IBC Caps Market?
IBC CapsMarket is segmented based on the type, applications, companies and regions.
Market Volume (%) By Type, it is segmented into
Plastics Material
Aluminum Material
Steel Material
Others
Market Volume (%) By Applications it is segmented into
Chemicals & Fertilizers
Petroleum & Lubricants
Paints, Inks & Dyes
Food & Beverage
Mining
Other
IBC Caps Market Regional Analysis
Europe dominates the IBC cap market due to increase in growing chemical, food & beverage, agriculture and other end-use industries, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2027 due to an increase in intercontinental trade between developed and developing countries.
All these factors greatly affect the IBC Caps market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
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 IBC Caps 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 IBC Caps 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 IBC Caps Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR (Value and Volume)
CAGR of 3.5% during the review period (2022 to 2027).
Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)
Plastics Material
Aluminum Material
Steel Material
Others
Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)
Chemicals & Fertilizers
Petroleum & Lubricants
Paints, Inks & Dyes
Food & Beverage
Mining
Others
Quantitative units
Revenue in USD million/billion and CAGR from 2022 to 2027
Yes, the report can be customized as per your needs
Key Highlights from this IBC Caps Report
A comprehensive backdrop analysis, which contains an assessment of the parent market
Essential changes in market dynamics.
Market segmentation up to the second or third level.
Historical, current, and projected size of the market from the standpoint of both value and volume.
Reporting and evaluation of recent industry developments.
Market shares and strategies of major players.
Emerging niche segments and regional markets.
An objective assessment of the trajectory of the market.
Recommendations to companies for strengthening their foothold in the market.
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.
Frequently Asked Questions
What is the study period of this market?
The IBC Caps Market is studied from 2017 - 2027.
What is the growth rate of IBC Caps Market?
The IBC Caps Market is growing at a CAGR of 3.5% over the next 5 years.
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.
