Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1003.4 Million | USD 1543.31 Million | 4.9% | 2023 |
According to the report published by Zion Market Research, the global Intermediate Bulk Container (IBC) Liner Market size was valued at USD 1003.4 Million in 2023 and is predicted to reach USD 1543.31 Million by the end of 2032. The market is expected to grow with a CAGR of 4.9% during the forecast period. The report analyzes the global Intermediate Bulk Container (IBC) Liner Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Intermediate Bulk Container (IBC) Liner industry.
An intermediate bulk container (IBC) is the transportation carrier and fluid storage.
These are industrial grade multi-use containers designed for mass handling, storage, and transportation of solid, semi-liquid, & liquid. Further, IBC containers can be categorized into rigid IBCs and flexible IBCs. The rigid IBCs are reusable, versatile, and stackable containers coupled with an integrated pallet that aid in forklift and pallet jack maneuverability. These are made of plastic, metal, and two composite construction materials. The flexible IBC is made of aluminum, wood, fiberboard, and folding plastic.
The unique feature of IBC is the cubic shape of the container that easily transports more materials than in any other shape. They are known for integration capabilities, mobility, and high organization. The global intermediate bulk container (IBC) liner market is expected to expand at a high CAGR during the forecast period.
The global intermediate bulk container (IBC) liner market is anticipated to be highly driven by emerging demand from healthcare, food & beverage, cosmetics, and many other industries during the forecast period. The growing demand of flexitank for bulk transportation of non-hazardous chemicals and food ingredients is likely to shape the trajectory of the global intermediate bulk container (IBC) liner market during the forecast period. Moreover, the flexitank containers offer added value in contrast with others like barrels and drums. In-addition, the flexitanks are of high capacity coupled with lesser filling time and the least required operators. These entail less loading and installation time. These containers are a perfect fit for transporting paints, inks, food additives, wine, glycerine, fruit concentrates, animal & edible oils, and many others. These containers can be easily transported by rail, roads, and sea routes.
The container is preferred in transporting liquid products due to its advantages like more space, low weight, high payloads, less contamination risk, and eco-friendly nature. All of these factors contribute to the growth of the global intermediate bulk container (IBC) liner market.
The global intermediate bulk container (IBC) liner market can be segmented into material type, content type, filling technology, end-users, application, and region.
By material type, the market can be segmented into aluminum foil, EVOH, polyamide, polypropylene, and polythene. The polythene segment dominates the global market.
By content type, the market can be segmented into liquid, powder, and granules.
By end-users, the market can be segmented into the petroleum industry, ink & dyes, paint, pharmaceuticals, agricultural, chemicals, and foods & beverages. The food & beverage segment holds the largest share in the global intermediate bulk container (IBC) liner market owing to the rapidly growing population. The increase has projected a significant demand for foodstuff at low prices. Further, the chemical segment is anticipated to flourish significantly during the forecast period due to the growing demand for the transportation of semi-finished lubricants, materials, and minerals.
By filling technology, the market can be segmented into non-aseptic and aseptic.
Report Attributes | Report Details |
---|---|
Report Name | Intermediate Bulk Container (IBC) Liner Market |
Market Size in 2023 | USD 1003.4 Million |
Market Forecast in 2032 | USD 1543.31 Million |
Growth Rate | CAGR of 4.9% |
Number of Pages | 210 |
Key Companies Covered | LC Packaging, RDA Bulk Packaging, CorrPak Bulk Packaging, Trust Flexitanks, SIA Flexitanks, Qingdao LAF Packaging Co. Ltd., Ven Pack, MY Flexitank (MYF), Environmental Packaging Technologies, Inc., Büscherhoff Spezialverpackung GmbH & Co. KG, KriCon, Gaoqing Anthente Container Package Company Limited, Braid Logistics, and BLT Flexitank Industrial Co. Ltd |
Segments Covered | By material type, By content type, By filling technology, By end-users, By application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America holds the largest share in the global intermediate bulk container (IBC) liner market owing to the increasing feeds of oilseeds, corn, and grains like soybean. Furthermore, the high engagement of the region in alcoholic exports including beer and wine is propelling the market to grow significantly during the forecast period. Many big companies are stepping into cross-border and logistics trade that are opening doors to many opportunities for the growth of the regional market.
Asia Pacific is anticipated to witness high gains owing to the rising population in countries like China and India which had positively shaped the trajectory of the market. Moreover, the changing lifestyle of consumers and rising disposable income of the people in Asia Pacific are also contributing to the regional growth in the global intermediate bulk container (IBC) liner market.
The market is highly fragmented due to the presence of many significant international and domestic players. The companies are undergoing many acquisitions, mergers, and collaborations to strengthen their business. Some of the significant players in the global intermediate bulk container (IBC) liner market are:
The Global Intermediate Bulk Container (IBC) Liner Market is segmented as follows:
By material type
By content type
By filling technology
By end-users
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed