The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Intermediate Bulk Container Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Intermediate Bulk Container Global Market Report 2024, The intermediate bulk container market size has grown rapidly in recent years. It will grow from $3.24 billion in 2023 to $3.57 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to demand from emerging economies, market consolidation and competition, advancements in material science, logistics optimization, expansion in chemical industry.The intermediate bulk container market size is expected to see rapid growth in the next few years. It will grow to $5.24 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%.
The expansion of the chemical industry is expected to drive the growth of the intermediate bulk container (IBC) market in the future. The chemical industry encompasses the large-scale production and processing of chemicals for various industrial and consumer applications. Within this industry, intermediate bulk containers (IBCs) play a crucial role in the safe and efficient storage and transportation of liquid and granular substances, ensuring secure handling and minimizing environmental risks. For example, in November 2023, the Global Chemical Production Regional Index (Global CPRI), published by the American Chemistry Council (ACC), indicated a 0.6% increase in chemical production in September, following a similar gain in August. Notably, all regions experienced growth, with South America showing the most significant increase. These indices are calculated on a three-month moving average basis to smooth out month-to-month fluctuations. Thus, the expanding chemical industry is fueling the demand for intermediate bulk containers.
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The intermediate bulk container market covered in this report is segmented –
1)By Type: Rigid IBC, Flexible IBC
2)By Grade: Type A, Type B, Type C, Type D, Food Grade
3)By Material: Plastic, Metal
4)By End-user: Chemical, Pharmaceutical, Food And Beverage, Other End-Users
Top Major Players
Berry Global Group Inc.,
DS Smith PLC,
Mondi PLC,
Greif Flexible Products and Services,
Brambles Limited
The intermediate bulk container market report table of contents includes:
1. Executive Summary
- Intermediate Bulk Container Market Characteristics
- Intermediate Bulk Container Market Trends And Strategies
- Intermediate Bulk Container Market – Macro Economic Scenario
- Global Intermediate Bulk Container Market Size and Growth
- Intermediate Bulk Container Market Segmentation
- Intermediate Bulk Container Market Regional And Country Analysis
…………..
- Key Mergers And Acquisitions In The Intermediate Bulk Container Market
- Intermediate Bulk Container Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Intermediate Bulk Container Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Intermediate Bulk Container Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Intermediate Bulk Container Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 75: Berry Global Group Inc. Financial Performance
Table 76: DS Smith plc Financial Performance
Table 77: Mondi plc Financial Performance
Table 78: Greif Flexible Products and Services Financial Performance
Table 79: Brambles Limited Financial Performance
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