Bulk Container Packaging Market Size, Share, Growth, and Industry Analysis, By Type (Drums, Pails, Material Handling Containers, Bulk Container Liners, RIBCs, FIBCs, Flexi Tanks, and Others), By Application (Chemicals and Pharmaceuticals, Food and Beverages, Petroleum and Lubricants, Agricultural and Horticultural Products, and Durable Goods) and Regional Insights and Forecast to 2031

Updated On: 29 April 2024

BULK CONTAINER PACKAGING MARKET REPORT OVERVIEW

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The global bulk container packaging market size was USD 3110.9 million in 2019 and will touch USD 5398.9 million by 2026, exhibiting a CAGR of 8.1% during the forecast period.

Bulk box packaging includes the utilization of good sized bins, usually crafted from substances which include plastic, metal, or corrugated cardboard, for the transportation and storage of goods in massive quantities.

These bins are specially engineered to efficaciously accommodate and shield widespread volumes of merchandise at some stage in transit and storage, catering specifically to industries involved in coping with bulk materials like chemicals, food and liquids, pharmaceuticals, and agriculture.

COVID-19 Impact: Increased demand for bulk container packaging among Population to Fuel Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The COVID-19 pandemic has brought on an increase inside the demand for critical gadgets like meals and drinks, prescribed drugs, and cleaning merchandise, foremost to a extra want for effective bulk subject packaging answers. These answers are vital for the inexperienced transportation and garage of these goods in massive quantities.

The international supply chain disruptions because of the pandemic have brought about setbacks in the production, transportation, and transport of products. Consequently, the ones disruptions have affected the majority discipline packaging marketplace, ensuing in shortages in supply, extended lead instances, and prolonged expenses for both materials and logistics.

LATEST TRENDS

"Sustainable Packaging Solutions, Advanced Technology Integration to Drive Market Growth"

Manufacturers are more and more adopting environmentally friendly materials for bulk box packaging, consisting of recycled plastics, biodegradable polymers, compostable materials, and sustainable alternatives like bamboo or paper-based totally packaging. These alternatives goal to lessen the environmental footprint related to conventional packaging substances and promote recycling and reuse, aligning with round economy ideas. Sustainable packaging solutions goal reducing carbon emissions throughout the product lifecycle, from raw cloth sourcing to production, transportation, and disposal. Through the choice of materials with decreased carbon footprints and the implementation of energy-green production strategies, businesses can reduce their environmental effect and support tasks for mitigating weather exchange. Incorporating current technologies which include IoT sensors and RFID monitoring structures into bulk container packaging enables higher tracking of goods during their transportation and storage approaches. This enhances visibility inside the supply chain, improves traceability, and boosts average operational efficiency.

BULK CONTAINER PACKAGING MARKET SEGMENTATION

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By Type

Based on type the global bulk container packaging market can be categorized into Drums, Pails, Material Handling Containers, Bulk Container Liners, RIBCs, FIBCs, Flexi Tanks, and Others.

• Drums: Drums are circular containers usually made of metal, plastic and fiberboard, which are widely used for storing and transporting liquid powder and granular materials in various sizes, it usually uses mechanical coatings to provide the materials remain intact during transport and storage.

• Pails: The bucket container is a compact, strong box, generally made from plastic or metal. It is specially designed to transport and keep small quantities of drinks, solids, or semi-solids. It is commonly used in industries inclusive of paints, prescription drugs and food processing, plays a prime position in packaging and distribution.

• Material Handling Containers: Material dealing with packing containers embody a huge range of containers particularly designed for efficaciously dealing with and transporting items internal enterprise settings. These containers can also encompass bins, crates, pallets, and tote boxes, among others, and are vital for streamlining logistics operations and optimizing garage space.

• Bulk Container Liners: Bulk box liners are flexible, frequently disposable liners fabricated from substances like polyethylene or polypropylene, designed to healthy internal standard shipping boxes or bulk boxes. They provide a further layer of protection for bulk items throughout transportation, stopping contamination, moisture ingress, and product loss.

• RIBCs: RIBCs are huge, rigid containers made from substances like plastic or steel, geared up with pallet bases for easy dealing with the use of forklifts or pallet jacks.

• FIBCs: FIBCs, also referred to as bulk bags or massive baggage, are big, bendy bins product of woven polypropylene material. They are designed to move and save massive portions of dry and liquid items such as grain, chemical substances and construction materials. Lightweight, value-powerful, and compact for green storage when now not in use, FIBCs offer a sensible solution for corporations.

• Flexi Tanks: Flexi tanks are flexible boxes product of multilayered materials like polyethylene or polypropylene, designed for transporting non-hazardous drinks in bulk portions. They are normally used for shipping liquids along with edible oils, liquids, and commercial chemical substances and provide advantages which include area performance, smooth installation, and reduced chance of contamination.

• Others: This class might also encompass numerous specialised bulk field packaging solutions tailored to precise industries or programs, together with intermediate bulk boxes, bulk bag liners, and collapsible containers. These answers address specific requirements for handling and transporting unique types of goods, contributing to the numerous landscape of bulk container packaging options available within the marketplace.

By Application

Based on application the global bulk container packaging market can be categorized into Chemicals and Pharmaceuticals, Food and Beverages, Petroleum and Lubricants, Agricultural and Horticultural Products, and Durable Goods.

• Chemicals and Pharmaceuticals: Bulk box packaging plays a vital characteristic in the chemical and pharmaceutical industries by manner of offering steady and solid transportation and storage of risky and non-hazardous chemical materials, powders, and beverages. These packing containers are frequently designed with specialized functions collectively with chemical-resistant materials and tamper-obtrusive seals to make certain product integrity and compliance with regulatory necessities.

• Food and Beverages: Multi-packaging performs an vital function within the food and beverage enterprise facilitating the transportation and garage of huge quantities of components, liquids and completed merchandise. The strength of these bins maintains the food safe and fresh on the same time and decreases the opportunity of contamination throughout the journey and between the garage. It is typically used for packaging containers of secure oils, water, cereals and dairy merchandise.

• Petroleum and Lubricants: Bulk field packaging is essential for the green transportation and garage of petroleum products, lubricants, and other fluids inside the oil and fuel enterprise.

• Agricultural and Horticultural Products: Combining multiple packaging materials that offer improved transport and storage response for products is used primarily in agriculture and horticulture These containers with wet soft agricultural products, . pests, physical damage f are designed to store space for transit and preservation for protection, and to ensure the originality and freshness of the product.

• Durable Goods: Within sectors coping with durable goods like car parts, electronics, and creation substances, bulk box packaging serves as a method for transporting and storing extensive and weighty items. These boxes are engineered to undergo sizable masses and vicious remedy, imparting shielding against damage and guaranteeing the steady conveyance of products to their meant area.

DRIVING FACTORS

"Growth in Global Trade to Boost the Market"

The bulk container packaging market growth of global trade networks and deliver chains fuels the demand for bulk field packaging solutions to successfully transport items throughout long distances. Increasing globalization and global change agreements contribute to the market's increase.

"Cost-effectiveness to Expand the Market"

Bulk field packaging gives value-effective answers for transporting and storing items in large portions. Businesses are seeking for comparatively cheap packaging alternatives to reduce transportation prices and optimize logistics operations, driving the adoption of bulk container packaging solutions.

RESTRAINING FACTOR

"Environmental Concerns to Potentially Impede Market Growth"

Despite the rise in sustainable packaging answers, worries over environmental effect persist. Issues which includes plastic pollution, deforestation for paper-primarily based packaging, and carbon emissions from production methods may also result in regulatory restrictions and client backlash, hampering marketplace boom.

BULK CONTAINER PACKAGING MARKET REGIONAL INSIGHTS

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"North America to Dominate the Market owing to technological advancements"

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America and Middle East & Africa.

North America, specially the US and Canada, represents a mature marketplace for bulk box packaging. The vicinity advantages from a sturdy business base throughout sectors consisting of chemicals, agriculture, and pharmaceuticals, riding bulk container packaging market share. Increasing environmental cognizance and stringent regulations power the adoption of sustainable packaging materials and practices in North America.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through specialised packing containers"

The agencies are involved within the manufacturing, distribution, and sale of various bulk box packaging answers which includes intermediate bulk boxes (IBCs), bulk baggage, flexitanks, drums, and other specialised packing containers. They regularly compete primarily based on factors such as product high-quality, innovation, sustainability, and customer service to hold their marketplace role and meet the diverse desires of industries global.

List of Market Players Profiled

• BLT (U.S.)
• Braid Logistics (U.S.)
• Büscherhoff Spezialverpackung (Germany)
• Environmental Packaging Technologies (U.S.)
• Shandong Anthente (China)

INDUSTRIAL DEVELOPMENT

December 2023: The bulk container packaging marketplace is predicted to witness enormous growth throughout the forecast period. This increase can be attributed to various factors collectively with the growing demand for efficient and fee-effective packaging answers, the increase of world exchange, and the growing want for sustainable packaging options.

REPORT COVERAGE

The future demand for bulk container packaging market is covered in this study. The Research report includes the Increased demand for bulk container packaging due to the Covid-19 Impact. The report covers the latest trends in Sustainable Packaging Solutions. The paper includes a segmentation of the bulk container packaging market. The research paper includes the driving factors that are Growth in Global Trade to Fuel Market Growth. The report also covers information on Regional Insights where the region which has emerged leading market for bulk container packaging.