Global Industrial Bulk Packaging Market
Industrial bulk packaging is carried out with the help of intermediate bulk containers such as pallet tank, IBC tote, and IBC tank. Intermediate bulk containers are re-usable & it can handle a huge mass. Industrial bulk containers are used during transportation of many products and for liquid storage. The growing industrial activities and a prominent bulge in the shipping of goods will accelerate the market growth during this forecast timeline.
Market Drivers
The expansion of the pharmaceutical industry has been driving the demand for bulk packaging products across the globe. Industrial bulk packaging products are majorly utilized in pharmaceutical industry due to their enhanced material storage capacity. IBCs, drums, and pails most widely used packaging products in the pharmaceutical industry. The increase in demand for plastic-based products like drums, and pails over metal-based has helped in is expected to support the business growth.
Also, the increasing use of recyclable plastics as raw materials helps meet the requirements of many industries owing to its favorable features such as reliability, durability, and lightweightedness will further create opportunities for the global industrial bulk packaging market growth over the ensuring years. Furthermore, the growing consumption of plastic drums for industrial bulk packaging has been accelerating growth of the drums segment. Manufactures are expected to focus on the adoption of biodegradable plastic materials to manufacture industrial bulk packaging products during the forecast period.
Market Restraints
Stringent rules and regulations on the use of plastic expected to hamper the global industrial bulk packaging market growth. Also, volatility of raw material prices may hinder the growth of global industrial bulk packaging market.
Market Segmentation
The Global Industrial Bulk Packaging Market is segmented into product, application, and region.
On the basis of product market is segmented into IBC, Drums, Pails, Totes, and Others, by application such as Food & Beverages, Chemicals & Petrochemicals, Pharmaceuticals, and Others.
Also, the Global Industrial Bulk Packaging Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Regional Analysis
The Asia Pacific is expected to hold the largest market share for industrial bulk packaging in India, China, and Japan are among the major markets in this region. The increase in industrial spending has been prominent factor driving the growth of the regional market. The Asia Pacific also encourages the entry of small and medium sized industries due to various factors like availability of land, cheap and labor.
Europe is expected to hold the second largest market share for industrial bulk packaging due to expansion of the pharmaceutical industry in this region. Also, the presence of the geriatric population in this region is anticipated to provide attractive growth opportunities for the industrial bulk packaging market due to the increase in production & consumption of pharmaceutical products.
Market Taxonomy
Various key players are discussed in this report such as Myers Container, Composite Containers LLC, Eagle Manufacturing Company, Grief, Peninsula Drums, Cleveland Steel Container, BWAY Corporation, International Paper, Time Technoplast Ltd., and Hoover Ferguson Group, Inc.
Market Taxonomy
By Product
By Application
By Region
Key Questions Addressed by the Report
Global Industrial Bulk Packaging Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Industrial Bulk Packaging Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Industrial Bulk Packaging Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Industrial Bulk Packaging Market Share Analysis, By Product
5.3 Global Industrial Bulk Packaging Market Size and Forecast, By Product
5.3.1 IBC
5.3.2 Drums
5.3.3 Pails
5.3.4 Totes
5.3.5 Others
6 Global Industrial Bulk Packaging Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Industrial Bulk Packaging Market Share Analysis, By Application
6.3 Global Industrial Bulk Packaging Market Size and Forecast, By Application
6.3.1 Food & Beverages
6.3.2 Chemicals & Petrochemicals
6.3.3 Pharmaceuticals
6.3.4 Others
7Global Industrial Bulk Packaging Market, By Region
7.1 Global Industrial Bulk Packaging Market Share Analysis, By Region
7.2 Global Industrial Bulk Packaging Market Share Analysis, By Region
7.3 Global Industrial Bulk Packaging Market Size and Forecast, By Region
8North America Industrial Bulk Packaging Market Analysis and Forecast (2020 – 2030)
8.1 Introduction
8.2 North America Industrial Bulk Packaging Market Share Analysis, By Product
8.3 North America Industrial Bulk Packaging Market Size and Forecast, By Application
8.4 North America Industrial Bulk Packaging Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Industrial Bulk Packaging Market Analysis and Forecast (2020 – 2030)
9.1 Introduction
9.2 Europe Industrial Bulk Packaging Market Share Analysis, By Product
9.3 Europe Industrial Bulk Packaging Market Size and Forecast, By Application
9.4 Europe Industrial Bulk Packaging Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Industrial Bulk Packaging Market Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 Asia Pacific Industrial Bulk Packaging Market Share Analysis, By Product
10.3 Asia Pacific Industrial Bulk Packaging Market Size and Forecast, By Application
10.4 Asia Pacific Industrial Bulk Packaging Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Industrial Bulk Packaging Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Latin America Industrial Bulk Packaging Market Share Analysis, By Product
11.3 Latin America Industrial Bulk Packaging Market Size and Forecast, By Application
11.4 Latin America Industrial Bulk Packaging Market Size and Forecast, By Country
12Middle East Industrial Bulk Packaging Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Middle East Industrial Bulk Packaging Market Share Analysis, By Product
12.3 Middle East Industrial Bulk Packaging Market Size and Forecast, By Application
12.4 Middle East Industrial Bulk Packaging Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Myers Container
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Composite Containers LLC
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Eagle Manufacturing Company
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Grief, Peninsula Drums
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Cleveland Steel Container
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 BWAY Corporation
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 International Paper
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Time Technoplast Ltd
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Hoover Ferguson Group
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
