Industrial Bulk Packaging Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Industrial Bulk Packaging is mainly used to store and handle materials in the oil and gas, chemical, and petrochemical sectors. An intermediate bulk container is a pallet-mounted, industrial-grade reusable container used to store and transport bulk liquids and powders. Also known as a tote, the industrial bulk packaging is capable of stacking and can be moved by a pallet jack or forklift.

MARKET DYNAMICS

The Industrial bulk packaging market has witnessed significant growth due to rising utilized in the pharmaceutical industry owing to their enhanced material storage capacity. Moreover, increasing the consumption of plastic drums for industrial packaging applications provides a huge market opportunity for the key players operating in the Industrial bulk packaging market. However, higher pricing of Industrial bulk packaging is projected to hamper the overall growth of the Industrial bulk packaging market in the forecast period.

MARKET SCOPE

The "Global Industrial Bulk Packaging Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Industrial bulk packaging market with detailed market segmentation product, application, and geography. The global Industrial bulk packaging market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Industrial bulk packaging market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global Industrial bulk packaging market is segmented on the basis of product and application. On the basis of product, the global Industrial bulk packaging market is divided into IBC, drums, and pails. On the basis of application, the global Industrial bulk packaging market is divided into chemicals & petrochemicals, pharmaceuticals, food & beverages.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Industrial bulk packaging market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Industrial bulk packaging market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the Industrial bulk packaging market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Industrial bulk packaging market in these regions.

MARKET PLAYERS

The reports cover key developments in the Industrial bulk packaging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from Industrial bulk packaging market is anticipated to lucrative growth opportunities in the future with the rising demand for Industrial bulk packaging in the global market. Below mentioned is the list of few companies engaged in the Industrial bulk packaging market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Industrial bulk packaging market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Composite Containers LLC
  
•   Cleveland Steel Container Corp.
  
•   Greif Inc.
  
•   Hoover Container Solutions Inc.,
  
•   International Paper Co.,
  
•   Mauser Group B.V.
  
•   Menasha Corp.
  
•   Myers Container
  
•   Peninsula Drums
  
•   Time Technoplast Ltd.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Industrial Bulk Packaging Report Scope