Enjoy complimentary customisation on priority with our Enterprise License!
The increased demand from the chemicals and petroleum industry drives the global bulk container packaging market. Technavio’s market research analysts predict a market growth of close to 9.5% until 2019.
Shale gas, from which natural gas is extracted, is produced in high quantities in the US. This gas acts as a feedstock for the production of other chemicals. The availability of abundant, low-cost feedstock worldwide is attracting many investors in the chemicals industry. This growing industry has its specific packaging and transportation requirements.
The use of bulk container packaging in the F&B industry is also expected to provide significant traction to this market during the forecast period. The need to prevent contamination and maintain hygienic standards largely drives its demand in this sector. The increase in food grain exports from Southeast Asia and Europe is expected to boost the bulk container packaging market over the next four years.
The global bulk container packaging market by FIBCs is expected to grow moderately during the forecast period. In 2014, the market was dominated by North America, and it is predicted to experience growth of around 11% during the forecast period.
The chemicals, pharmaceuticals and healthcare, and F&B industries are the major spenders in the bulk container packaging market. These industries manufacture items that can be classified as non-durables, and require compliance adherence. For instance, the bulk container packaging for the chemical industry is driven by mandatory regulations for packaging and transportation. Market vendors are investing in new technology to meet these regulatory requirements.
The bulk container packaging market in APAC is expected to witness tremendous growth during the forecast period. Growth in the market comes with the backdrop of strong production and consumption from economies such as China and India.
In 2014, China emerged as one of the biggest suppliers of bulk container packaging throughout the world, whereas countries such as India, Bangladesh, and Vietnam witnessed high demand for bulk container packaging during the same period.
Limited stock sizes impair the sales of bulk container packaging. To overcome these impediments, the leading market vendors are offering customization to end-customers as per their specific needs. Customization is provided for the box and container capacity in terms of length, breadth, height, and type of material used to build them. A combination of materials is used to make containers with metal reinforcements, dunnage, and panels. Especially in material handling, containers need to be shaped in a manner that fits equipment parts that require storage.
Other prominent vendors include AmeriGlobe, B.A.G., Bulk Handling Australia, Bulk Lift, CorrPak Bulk Packaging, Grief, Halsted, Intertape Polymer, J&HM Dickson, Jumbo Bag, Langston, LC Packaging, LinerTech, MiniBulk, Mondi, RDA Bulk Packaging, Taihua Group, Ven Pack, and Waterplex.
Technavio also offers customization on reports based on specific client requirement.
This is preliminary content. The table of contents is subject to change.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.