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The Global Bulk Container Packaging Market Size accounted for USD 3.4 Billion in 2023 and is estimated to achieve a market size of USD 7.4 Billion by 2032 growing at a CAGR of 9.2% from 2024 to 2032.
Bulk container packaging refers to large containers that can store and transport large quantities of goods in a safe, efficient, and cost-effective manner. These containers are frequently used to transport liquid and dry bulk commodities such as chemicals, food components, pharmaceuticals, and construction materials. The most prevalent types of containers are intermediate bulk containers (IBCs), flexitanks, bulk bags, and drums. Bulk containers are made of durable materials such as plastics, metals, and cloth to preserve product integrity throughout long-distance shipping and difficult handling conditions. They are particularly beneficial in industrial applications where efficient storage, minimal handling, and low packaging costs are critical. Bulk container packaging also encourages sustainability because many of them are reusable, recyclable, or engineered to reduce waste, making it desirable to enterprises that prioritize eco-friendliness.
Market |
Bulk Container Packaging Market |
Bulk Container Packaging Market Size 2023 |
USD 3.4 Billion |
Bulk Container Packaging Market Forecast 2032 |
USD 7.4 Billion |
Bulk Container Packaging Market CAGR During 2024 - 2032 |
9.2% |
Bulk Container Packaging Market Analysis Period |
2020 - 2032 |
Bulk Container Packaging Market Base Year |
2023 |
Bulk Container Packaging Market Forecast Data |
2024 - 2032 |
Segments Covered |
By Product, By Material, By Application, and By Geography |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Berry Global, Inc., Mauser, DS Smith, Mondi Group, Schoeller Allibert, Greif, Myers Industries, Hoover CS, Winpak, and International Paper. |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
The bulk container packaging market is expected to be driven by increased demand from the food and beverage industries and from the chemical sector. Increased flexibility demand is probable to cause the general size of the sector over the predicted timeframe in non dangerous bulk chemicals and food ingredient transportation. Flexitank provides an added value compared to other counterparts such as drums and barrels, ISO containers and IBCs. Some advantages offered by flexitanks include a high capacity range from 14,000 to 24,000 liters, a small fill time and less operators.
In addition, it also entails very less installation and loading time. These tanks are designed for transport of food and food additives, glycerins, wine, concentrate of fruit, syrups, malt and ink. In addition, containers of this kind can be transferred via highway, sea and rail. Flexitanks are also preferred to transport non-hazardous liquid products owing to their additional benefit such as large payloads, low weight, more space, low risk of contamination and environmentally friendly. As petrochemical products such as polypropylene (PP) or polyethylene (PE) petrochemical derived products, the cost dynamics of bulk container liner, flexitancers and flexible bulk intermediates (FIBC) are volatile; thus the industrial dynamics are similarly comparable. The product prices will then be hampered by the fluctuating petrochemical prices. However, growing demand in BRIC nations for oil, drinks such as wine, beer and fruit juices will significantly drive development in the sector over time.
The worldwide market for bulk container packaging is split based on product, material, application, and geography.
According to bulk container packaging industry analysis, the flexitank segment will see the greatest profits. These tanks are an option to ISO tank containers for the delivery of oil, wine, fluids of food grade and non-hazardous chemicals worldwide. Transportation and storage of liquids have traditionally been costly and complicated. But flexitank provides the storage and transportation of liquid and dry bulk products a more efficient and flexible strategy. Main portion of the world market share for bulk packaging containers were the flexible intermediate bulk containers (FIBC).
The containers can carry their own weight more than thousand times and can also be adapted according to their implementation. Increased demand for products for the transport of construction materials, polymers, detergents and powder-free chemistry is primarily ascribed to industry development in this sector. The product is offered in a broad range of conducting, antistatic, flammative and dissipative bags for a broad variety of packaging applications. Moreover, increased industrial manufacturing and effective transport will considerably increase company development. Moreover, these containers have great opportunities for recycling and re-conditioning, thus further increasing their demand around the world.
Plastic is predicted to be the most widely used material in the bulk container packaging market. Plastic's popularity originates from its durability, lightweight nature, and lower cost when compared to alternatives such as metal and paper. Plastic materials, such as high-density polyethylene (HDPE) and polypropylene (PP), are very resistant to corrosion and chemicals, making them ideal for transferring bulk liquids and solids in industries such as chemicals, food and beverage, and pharmaceuticals. Furthermore, the recyclability of specific plastic kinds corresponds to growing environmental efforts, which drives demand even higher. Plastic materials are expected to maintain their dominance in the bulk container packaging market as businesses seek long-lasting, cost-effective packaging solutions.
In 2023, food and drinks accounted for the majority of the global sector volume. As foodstuffs demand has been considerably initiated at low price by rapidly increasing populations primarily in Asia and the Middle East. Increasing socio-economic factors and shifting patterns of expenditure in emerging economies have significantly boosted demand for tea, coffee, wine and beer. In turn, these developments will increase food sector import / export operations for contaminated products, which will supplement company development. The increased demand for semi-finished transport of products, lubricants, equipment and minerals is to foster the development of the sector.
In addition, because of its simple accessibility of raw materials, drifting chemical producers concentrate on establishing their production facilities in Asia Pacific, promoting public policies and low operating costs, has boosted the chemical trade to satisfy the worldwide demand for pulled chemicals.
North America
Europe
Asia-Pacific
Latin America
The Middle East & Africa
Over the forecast era, Asia-Pacific will witness largest and fastest growing. The increasing population in China and India mainly has driven the global food and beverage company in the region significantly. Moreover, the improvement in Asia-Pacific consumption lifestyles caused demand for fruit juices, wine, beer and coffee as the consumer's disposable income increased. The manufacturing and supply of foodstuff products is rising to satisfy the increasing demand for the above mentioned foodstuffs in the region and this will have a beneficial impact on industry development during the bulk container packaging market forecast period.
In 2023, North America's bulk packaging sector will be noted for its significant growth rate. The key drivers of regional development in the United States are rising maize, fuel seed, crop production, such as soybeans, and food consumption. Furthermore, exports make for one-third of total US agricultural property. The region exports a lot of alcoholic beverages, like beer and wine. According to the Wine Institute, wine exports to Hong Kong will be around USD 1.1 billion in 2023, with wine earnings exceeding the previous year. Similar advances are predicted to boost business growth by 2032.
Some of the top bulk container packaging companies offered in our report includes Berry Global, Inc., Mauser, DS Smith, Mondi Group, Schoeller Allibert, Greif, Myers Industries, Hoover CS, Winpak, and International Paper.
The bulk container packaging used for the transport and storage of drinks, oil and fat, food products in large quantities and quantities are known as container packaging for bulk.
Acumen Research and Consulting predict that, the bulk container packaging market size is anticipated to reach around US$ 6.5 billion in 2026.
The bulk container packaging market is anticipated to grow over 7% CAGR during the forecast period 2019 to 2026.
The increased demand from the food and beverage industries and from the chemical sector is main driver of the bulk container packaging market.
Over 30% of the worldwide sector size in 2018 accounted for food & beverages.
In 2018, North America resulted the entire bulk packaging industry with a forecast gain of over 9.4 percent.
Over the forecast era, Asia Pacific will witness profits of almost 10.5%.