"Binding Intellectual insights for your Business"

Bulk Container Packaging Market Size, Share, and COVID-19 Impact Analysis, By Material (Plastic, Metal, Paper & Paperboard, and Others), By Product Type (Flexitanks, Drum, Intermediate Bulk Containers, Bulk Container Liners, and Others), By End Use (Food & Beverage, Personal Care & Cosmetics, Pharmaceutical, Chemical & Petrochemical, and Others), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI108067 | Status : Ongoing

 

KEY MARKET INSIGHTS

The bulk container packaging market is driven by rising demand from the chemical & petrochemical and food & beverage industry. The increasing growth of flexitank in non-hazardous chemicals and food ingredients transportation is the major factor boosting the overall bulk container packaging market. Flexitank is preferred due to its low contamination risk and environmental friendliness, fuelling the market growth. The need for a versatile and spillproof shipping container, keeping the stored contents safe in turbulent journeys, has increased demand for bulk container packaging. End users targeting a single solution to address both effective storage of the product and economical transportation is boosting the bulk container packaging market growth.



  • For instance, on May 2022, Myers Industries expanded production by acquiring Rotational Molding Facility in Georgia. The acquisition increases its production capacities.


The benefits provided by the bulk container packaging market for the cosmetic industry are growing tremendously due to the protection of high-valued products and natural factors driving the market. With the advancement in technology and emerging trade policies, trade can be facilitated in different countries; as a result, the bulk container packaging market will boost during the forecast period.

The basic raw material used for packaging, namely plastic and its recycling, is a major restraining factor for the growth of the bulk container market. With the changing market trend, it isn't easy for many countries to adapt to the changing environment. The stringent government regulations for using plastic restrict the growth of the bulk container packaging market.

IMPACT OF COVID-19 ON THE BULK CONTAINER PACKAGING MARKET


Restriction on dine-in restaurants and reduced online food and beverage ordering activities have negatively impacted the food and beverage industry and disrupted the supply chain process, affecting the growth of bulk container packaging among food and beverage end users. The post COVID-19 era is witnessing a rise in the trade of chemicals and pharmaceutical products among various countries. Manufacturers emphasize bulk container packaging for product safety of medicine and drugs during transportation, boosting the bulk container packaging market.

KEY INSIGHTS


The report will cover the following key insights:


  • Recent Advancements in the Bulk Container Packaging Market

  • Key Industry Trends

  • Regulatory Landscape for the Bulk Container Packaging Market

  • Key Industry Developments (Mergers, Acquisitions, and Partnerships)

  • Impact of COVID-19 on the Market


ANALYSIS BY MATERIAL


Based on the material, the market is segmented into plastic, metal, paper & paperboard, and others. Plastic holds the largest market share in the global bulk container packaging market. Plastic material is used widely for its various benefits, such as being corrosion resistant, cost less, and light weighted. The metal material is also used significantly due to its excellent barrier properties and increased market growth. Hence, the paper & paperboard and other segments are also boosting the market.

ANALYSIS BY PRODUCT TYPE


Based on the product type, the market is segmented into flexitanks, drums, intermediate bulk containers, bulk container liners, and others. Intermediate bulk containers hold the largest market share in the global bulk container packaging market. Growth for smaller formats of industrial bulk packaging in the pharmaceutical industry is expected to fuel the growth of the overall market. The other segments, such as flexitanks, drums, bulk container liners, and other product types, are also increasing the bulk container packaging market.

ANALYSIS BY END USE


Based on the end use, the market is segmented into food & beverage, personal care & cosmetics, pharmaceutical, chemical & petrochemical, and others. Chemical & petrochemical holds the largest share of the global container packaging market. Bulk container packaging is ideal for transporting and storing petrochemicals and hazardous chemicals. The pharmaceutical segment is anticipated to grow during the forecast period due to the rising need for hygiene, driving the market growth.

REGIONAL ANALYSIS


To gain extensive insights into the market, Request for Customization


The global bulk container packaging market has been studied across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific holds the largest global bulk container packaging market share. The growth can be attributed to the rising exports of bulk chemicals and oils to North America and Europe. Europe is estimated to experience moderate growth in the bulk container packaging market due to the high export of wines is projected to boost the market in the Europe region. Middle East & Africa, and Latin America are anticipated to emerge as the fastest-growing region due to the increasing usage of bulk bags for transportation.

KEY PLAYERS COVERED


The report will include profiles of key players such as Greif, Berry Global, Inc., DS Smith, Mondi Group, International Paper, Winpak, Mauser, Hoover CS, Myers Industries, and Schoeller Allibert.

SEGMENTATION


















By Material


By Product Type


By End Use


By Geography



  • Plastic

  • Metal

  • Paper & Paperboard

  • Others




  • Flexitanks

  • Drum

  • Intermediate Bulk Containers

  • Bulk Container Liners

  • Others




  • Food & Beverage

  • Personal Care & Cosmetic

  • Pharmaceutical

  • Chemical and Petrochemical

  • Others




  • North America (U.S. and Canada)

  • Europe (U.K., Germany, France, Italy, Spain, Russia, and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)

  • Latin America (Mexico, Brazil, and the Rest of Latin America)

  • Middle East & Africa (South Africa, G.C.C., and Rest of Middle East & Africa)



KEY INDUSTRY DEVELOPMENTS



  • December 2022: a developer of high-performance barriers & conventional blow-molded containers, Lee Container Corp. Inc., was acquired by Greif for USD 300 million. Greif estimates that by integrating Lee Container's operations, it can easily increase efficiency and performance by at least USD 6 million over the next two years.

  • March 2022: A three-pod Reefer Flexitank system, Trinity Tank, which highly enables shippers to load several bulk liquids in a single container, was launched by SIA. The triple tanks hold 9,000 liters each and have a maximum capacity of 27,000 liters.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Packaging Clients

Kpmg
Mckinsey
Iwatani
Samsung
Mobil

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X