Intermediate Bulk Containers (IBC) Market Forecasts to 2028 – Global Analysis By Product Type (Bulk Container Liners, Flexitanks), Content (Liquid, Solid & Semi-Solid), End User (Chemicals, Fertilizers, Agriculture) and By Geography
According to Stratistics MRC, the Global Intermediate Bulk Containers (IBC) Market is accounted for $19.66 billion in 2020 and is expected to reach $38.61 billion by 2028 growing at a CAGR of 8.8% during the forecast period. Growing export of intermediate bulk container packed products and rising production of chemical and pharmaceutical industries are the major factors propelling the market growth. However, increasing environmental concerns over the use of plastic are hampering market growth.
An intermediate bulk container is defined as a vessel that is useful for storage. It is a pallet, mounted industrial-grade reusable container that can be used for storing and transporting bulk liquids and powders. There are three types of IBC’s like rigid, folding, and flexible and the application of IBC is in the transportation sector to store chemicals, solvents, pharmaceuticals, and others.
Based on the end user, the chemicals segment is estimated to have a lucrative growth due to the aggressive increase of the food industry and use of safe agrochemicals for the production and growth of crops. The use of rigid IBCs is increasing to carry hazardous and precious chemicals across long stretches of land and water without leakage.
By geography, North America is going to have a huge demand during the forecast period due to the increase in the need for chemicals, paints, inks & dyes, and food applications. Increasing industrial output stabilized manufacturing sector and growing demand for efficient industrial packaging solutions are among the factors driving the growth of the IBCs market in this region.
Some of the key players profiled in the Intermediate Bulk Containers (IBC) Market include Berry Global, Inc, Bulk Lift International, Inc, DS Smith Plc, Environment Packaging Technology Inc, HCS Group, Hoover Ferguson Group, International Paper Company, Mauser Packaging Solutions, Mondi Plc, Obal Centrum s.r.o, Pensteel Ltd, Schafer Werke Gmbh, SCHÜTZ GmbH & Co. KGaA, SIA Flexitanks Limited, Snyder Industries, Inc, SYSPAL Ltd, Thielmann US LLC, Time Technoplast Ltd, and Transtainer.
• Metal & Paperboard
Product Types Covered:
• Bulk Container Liners
• Heavy-Gauge Plastic Intermediate Bulk Containers (IBC)
• Folding Intermediate Bulk Containers (IBC)
• Plastic Composite Intermediate Bulk Containers (IBC)
• Solid & Semi-Solid
• Flexible Intermediate Bulk Containers (FIBC)
• Rigid Intermediate Bulk Containers (RIBC)
• Type A
• Type B
• Type C
• Type D
• Food Grade
End Users Covered:
• Building & Construction
• Healthcare & Pharmaceuticals
• Paints, Inks & Dyes
• Cosmetic & Personal
• Petroleum & Lubricants
• Food & Beverage
• Oil and Gas
• Transportation and Logistics
• Waste Disposable
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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