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Global Intermediate Bulk Containers (IBC) Market – Industry Trends and Forecast to 2029

  • Materials & Packaging
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Materials & Packaging
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Intermediate Bulk Containers (IBC) Market By Product (RIBCs (Rigid Intermediate Bulk Containers), FIBCs (Flexible Intermediate Bulk Containers), Grade (Type A, Type B, Type C, Type D, Food Grade), Material (Plastic, Metal), End-User (Food and Beverage, Agriculture, Chemicals, Oil and Gas, Paints, Inks and Dyes, Pharmaceuticals, Textile, Building and Construction, Others),– Industry Trends and Forecast to 2029

Intermediate Bulk Containers (IBC) Market

Market Analysis and Size

Intermediate bulk containers are formed to transport, handle, and store liquids, pastes, semi-solids, or solids. The IBCs conception was patented by the inventor Olivier J. L. D’Hollander working for Dow Corning S.A in 1992. He found a patent that inspired him to mention a “fold-up wireframe containing a plastic bottle” so he turned it into Intermediate bulk containers (IBC). IBC has more applications which are good for construction materials. They are used to hold paints for striping roads, road/highway work materials, and cleaning materials for construction.

Data Bridge Market Research analyses that the intermediate bulk containers (IBC) market was valued at USD 21 billion in 2021 and is expected to reach USD 34.60 billion by 2029, registering a CAGR of 6.44 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.  

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (RIBCs (Rigid Intermediate Bulk Containers), FIBCs (Flexible Intermediate Bulk Containers), Grade (Type A, Type B, Type C, Type D, Food Grade), Material (Plastic, Metal), End-User (Food and Beverage, Agriculture, Chemicals, Oil and Gas, Paints, Inks and Dyes, Pharmaceuticals, Textile, Building and Construction, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Amcor Plc (Switzerland), LC Packaging (Ireland), ILC Dover LP (US), Brambles Ltd (Australia), Arena Products Inc, (US), Qingdao LAF Packaging Co., Ltd. (China), CDF Corporation (US), Nittel (Germany), Qbig Packaging (Netherland), Zasfa Composite Containers Pvt Ltd (India), Peak Liquid Packaging (US), TPS Rental Systems Ltd IBC Containers (UK), HOYER GmbH (Germany), Arlington Packaging (Rental) Limited (UK), CHEP (Australia), Berry Global Inc. (US), Bulk Lift International, LLC (US), Conitex Sonoco (US), Greif (US), Mondi (UK), BWAY Corporation (US)

Market Opportunities

  • Increase in the number of emerging markets
  • Increasing number of product innovations
  • Rise in strategic collaborations

Market Definition

Intermediate bulk containers are industrial-grade containers with closed shipping vessels with a liquid capacity from 119 to 793 gallons. They are projected for transporting and storing liquids defined in the United Nations’ and Code of Federal Regulations Recommendations on the Transport of Hazardous Goods, which include flammable and combustible liquids. IBCs can be manufactured by plastic, metal or a composite of materials. Composite IBCs are normally a combination of blow-moulded plastic containers in a plastic cage or a metal cage in a corrugated box

Intermediate Bulk Containers (IBC) Market Dynamics

Drivers

  • Rising demand in industrial packaging and storage market

The rising storage and industrial packaging storage market due to a growth in international trade and the rising demand for lucrative bulk packaging has raised the demand for IBC (Intermediate Bulk Containers) Market globally. The factors like the production and financial benefits expanded from renting IBCs include capital savings and rental tax with improved inventory management are expected to enhancing the growth of the IBC (Intermediate Bulk Containers) Market.

  • High demand in food industry

Intermediate bulk container is mostly used in the food industry to store powdered ingredients, such as flour or dispense liquids, such as syrups or beverages. The large number of food-grade IBCs are made up of stainless steel, because it is easily clean and normally meets with food safety standards due to this increase the demand of Intermediate bulk container which are expected to drive the market growth rate.

  • Increase the demand in automotive sector

Car mechanics and manufacturers normally use Intermediate bulk container (IBC) to store large quantities of gasoline, paint, oil and similar products. Many of these products are flammable and emit fumes, so manufacturers specifically designed this container to prevent leaks and be flame-retardant. Moreover, some IBC firms offer specific nozzles and valves and nozzles which dispense specific quantities of a specific product.

Opportunities

The intermediate bulk containers (IBC) market is fascinating better growth opportunities on the benefit factor than other substitutes such as cylindrical drums. The increasing popularity of the intermediate bulk containers due to their harmless sustainable packaging process which will prove useful for the growth of the intermediate bulk container market significantly. The increasing demand intermediate bulk containers in the petrochemical industry may also generate the strong growth rate for the intermediate bulk container market. Massive technological advancement and Rapid industrialization overall the globe are expected to create beneficial opportunities to the growth of the market.

Restraints/ Challenges

However, The negative impact of COVID-19 outbreak on supply chain , increase in the cost of research and development activities and increase in the fluctuations in raw materials costs in the market are the major factors which restrains the market and will obstruct the market's growth rate.

This intermediate bulk containers (IBC) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the intermediate bulk containers (IBC) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Intermediate Bulk Containers (IBC) Market

The outbreak of COVID-19 pandemic affected the entire packaging industry due to which the industry has suffered a scarcity of basic chemical raw materials supply. Some of them are plastic, chemicals, and wood. Many raw materials are not available in the market, and if they are available than they cannot be transported during pandemic. Moreover, some materials which are still available are far more costly than they are usually. The extreme reduction in the raw materials market has hit the packaging and chemical and packaging industry very hardy. Intermediate bulk containers (IBC), in which steel and plastic play a main role, is also affected by the unavailability of raw material and price hike. At the same time, however, the demand for the protective packaging augmented as the world moved towards online options, became more remote, and required more protective packaging to ship products and goods.

Global Intermediate Bulk Containers (IBC) Market Scope

The intermediate bulk containers (IBC) market is segmented on the basis of products, grade, material and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • RIBCs (Rigid Intermediate Bulk Containers)
  • FIBCs (Flexible Intermediate Bulk Containers)

Grade

  • Type A
  • Type B
  • Type C
  • Type D
  • Food Grade

Material

  • Plastic
  • Metal

 End-User

  • Food and Beverage
  • Agriculture
  • Chemicals
  • Oil and Gas
  • Paints
  • Inks and Dyes
  • Pharmaceuticals
  • Textile
  • Building and Construction
  • Others

Intermediate Bulk Containers (IBC) Market Regional Analysis/Insights

The intermediate bulk containers (IBC) market is analysed and market size insights and trends are provided by country, products, grade, material and end-user as referenced above.

The countries covered in the intermediate bulk containers (IBC) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America and Europe dominates the intermediate bulk containers (IBC) market in terms of revenue and market share during the forecast period. This is due to the rising demand for intermediate bulk containers (IBC) in this region. North America and Europe dominates the intermediate bulk containers (IBC) market due to rise in the industrial packaging market and increase the investments in the chemical industry in this region.

During the projected period, Asia-Pacific is anticipated to be the fastest developing region because consumers are more inclined towards the digital technology due to manufacturers have ongoing to incorporate RFID codes into packaging solutions in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Intermediate Bulk Containers (IBC) Market Share Analysis

The intermediate bulk containers (IBC) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to intermediate bulk containers (IBC) market.

Some of the major players operating in the intermediate bulk containers (IBC) market are:

  • Amcor Plc (Switzerland)
  • LC Packaging (Ireland)
  • ILC Dover LP (US)
  • Brambles Ltd (Australia)
  • Arena Products Inc, (US)
  • Qingdao LAF Packaging Co., Ltd. (China)
  • CDF Corporation (US)
  • Nittel (Germany)
  • Qbig Packaging (Netherlands)
  • Zasfa Composite Containers Pvt Ltd (India)
  • Peak Liquid Packaging (US)
  •  TPS Rental Systems Ltd IBC Containers (UK)
  •  HOYER GmbH (Germany)
  • Arlington Packaging (Rental) Limited (UK)
  •  CHEP (Australiaa)
  •  Berry Global Inc. (US)
  •  Bulk Lift International, LLC (US)
  •  Conitex Sonoco (US)
  • Greif (US)
  • Mondi (UK)
  • BWAY Corporation (US)


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Frequently Asked Questions

This intermediate bulk containers (IBC) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market.
The major players covered in the intermediate bulk containers (IBC) market report are TPS Rental Systems Ltd IBC Containers, HOYER GmbH, Arlington Packaging (Rental) Limited, CHEP, Berry Global Inc., Bulk Lift International, LLC, Conitex Sonoco, GLOBAL-PAK, INC., Greif, Plastipak Holdings, Inc., SYSPAL Ltd., DS Smith, Plymouth Industries, Pensteel Ltd. and SIA FLEXITANKS among other domestic and global players.
The Intermediate Bulk Containers (IBC) Market is to grow at a CAGR of 6.44% during the forecast by 2029.
The Intermediate Bulk Containers (IBC) Market value is expected USD 34.60 billion by 2029.