Octabin Market Forecasts to 2028 – Global Analysis By Capacity (Standard, Customized), End User (Food Industry, Chemical Industry, Consumer Goods, Shipping and Logistics) and By Geography

According to Stratistics MRC, the Global Octabin Market is accounted for $341.24 million in 2020 and is expected to reach $608.59 million by 2028 growing at a CAGR of 7.5% during the forecast period. Factors such as the growing packaging industry across the globe, rising demand for high storage capacity packaging, and increasing demand from various end user industries are driving the growth of the market. However, high cost of the product is hampering the growth of the market.

Octabin is a large dimension standardized container, generally made of thick cardboard with an optional inner polyethylene bag. It is used for storing vegetables, granules of plastics or other dry products.

Based on the capacity, the customized segment is anticipated to expand at a rapid pace during the forecast period due to the ability of the product to match with the custom requirements of the end user. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the considerable growth of various industries along with increasing research and development activities in the region.

Some of the key players profiled in the Octabin Market include DS Smith, Mondi PLC, Smurfit Kappa, IBC International, TRICOR AG, Quadwall, Groupe Barbier, Palamatic Process, Napco National, Avon Containners Pvt. Ltd, Udit Packaging, VQM Packaging, Lyburn Supplies Limited, Nipro Europe Group Companies, and Nittel. 

Products Covered:
• Self-Assembly Octabins
• Free Flow Base Octabins
• Telescopic Octabins
• Base Discharge Octabins

Capacities Covered:
• Standard
• Customized   

End Users Covered:
• Food Industry
• Chemical Industry
• Consumer Goods
• Shipping and Logistics

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
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