Global Rigid Bulk Packaging Market is Growing at a Significant Rate in the Forecast Period 2019-2026

According to Data Bridge Market Research new Market report, global rigid bulk packaging market will account to a moderate CAGR during the forecast period of 2019 to 2026.

Global Rigid Bulk Packaging Market

Rigid bulk packaging is a method of protecting the contents of the package in a high strength and a large volume. This method majorly utilizes high strength, durable and rigid materials such as woods, metals, glass and enhanced plastics for its production. It is majorly applied for the transportation and protection of delicate and heavy weighted products.

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Segmentation: Global Rigid Bulk Packaging Market

Global rigid bulk packaging market is segmented on the basis of type, technology, end-user industry and geography.

By Material Type (Plastic, Metal, Wood, Others), Type of Packaging (Industrial Bulk Containers, Boxes, Pails, Drums, Others), End-Use Industry (Pharmaceuticals & Chemicals, Beverages, Food, Industrial, Others) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

FACTORS DRIVING GROWTH IN RIGID BULK PACKAGING MARKET

Prevalence of expansion and acquisition strategies

  • In December 2017, SCHÜTZ GmbH & Co. KGaA announced that they had agreed to acquire Envases y Laminados S.A. de C.V. (ELSA). With the completion of its acquisition, SCHÜTZ hopes to complement and expand its market share of industrial bulk packaging in the region due to (ELSA)’s expertise.
  • In February 2017, NEFAB GROUP announced that they have acquired Foldy Pac Nordic AB, with the company focused on wooden packaging and transportation across the various methods by sea, land and air.

Key Market Competitors: Global Rigid Bulk Packaging Market

Few of the major competitors currently working in the rigid bulk packaging market are Mondi, Greif, NEFAB GROUP, SCHÜTZ GmbH & Co. KGaA, Sonoco Products Company, Bemis Company Inc., The Cary Company, Hoover Ferguson Group Inc., Taihua Group, Cleveland Steel Container Corporation, WestRock Company, BWAY Corporation, Packaging Corporation of America, Berry Global Inc., Snyder Industries, Chem-Tainer Industries, Hedwin Corporation, Brambles Ltd, Menasha Packaging Company LLC, Rehrig Pacific Company, REMCON Plastics Inc. and Schoeller Allibert.

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Global Rigid Packaging Market, By Material (Metals, Glass, Bioplastics, Paper & Paperboard, Plastics, Wood), Application (Personal Care, Food & Beverages, Pharmaceuticals, Others), Product Type (Cans, Aerosol Containers, Bottles, Cups, Corrugated Cases, Boxes, Trays, Jars), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

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