Folding IBCs Market Size, Share, Trends, Growth 2032

Folding IBCs Industry Prospective:

The global folding IBCs market size was worth around USD 764.89 million in 2023 and is predicted to grow to around USD 1339.09 million by 2032 with a compound annual growth rate (CAGR) of roughly 6.42% between 2024 and 2032.

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In order to give the users of this report a comprehensive view of the folding IBCs market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Folding IBCs Market: Growth Drivers

Folding IBCs are also known as flexible intermediate bulk containers (IBCs). These reusable containers/vessels are mostly used in manufacturing and are designed majorly for storage and transportation of bulk granulated substances and liquids, such as chemicals, food ingredients, solvents, pharmaceuticals, etc. These containers can withstand diverse effects of sun, snow, wind, rain, ice, etc., which makes them preferable for long-term outdoor use. IBCs are generally made of flexible materials, such as plastic films or paper, woven fabric, etc., and are designed to remain in contact with the contents and collapsible when empty. 

The rising demand for folding IBCs in food and beverage and chemical industries across the globe is expected to drive the folding IBCs market over the forecast timeframe. Folding IBCs are gaining popularity in the food and beverages sector, due to their extensive use for storage and transportation of food items and beverages in bulk quantities from various manufacturing locations. Folding IBCs have various applications in the paints and petroleum industry, as they can safely transport different types of solid or liquid products such as hazardous or dangerous goods.

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Paint storage is gaining popularity in recent years due to the introduction of advanced and innovative packaging solutions for paints. The rising number of building, construction, and housing activities in emerging countries and the increasing demand for advanced products with reusable features are expected to increase the demand for folding IBCs in the paints industry.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers the product portfolio of various companies.

Folding IBCs Market: Segmentation

The study provides a decisive view of the folding IBCs market by segmenting the market based on material, capacity, packaging content, application, and region.

By material, the folding IBCs market is segmented into plastic and metal. The metal segment is further divided into stainless steel and carbon steel.

Based on capacity, the folding IBCs market is segmented into less than 500 liters, between 500 and 1000 liters, between 1000 and 1500 liters, and more than 1500 liters.

Based on packaging content, the folding IBCs market is segmented into liquid and solids & semi-solids.

The application segment includes chemicals, cosmetic and toiletries, automotive and mechanical parts, food and beverage, paints, dyes, and inks, petroleum products, and others. The chemicals segment includes non-hazardous and hazardous chemicals.

Folding IBCs Market: Report Scope

Folding IBCs Market: Regional Analysis

The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The Asia Pacific is projected to dominate the folding IBCs market over the estimated time period, owing to increasing disposable income of people mostly in emerging countries, such as India and China, the easy availability of cost-effective labor and land, and growing transportation and storage requirements for numerous bulky goods. The North American folding IBCs market is likely to grow significantly over the forecast timeframe, owing to the increasing use of folding IBCs to store and transport food products and liquids by the region’s food and beverage industry.

Folding IBCs Market: Competitive Analysis

The global folding IBCs market is led by players like:

• RPP Containers
• TPS Rental System
• Loscam Ltd
• Wuhao Industry & Trade
• Dalian CIMC Logistics Equipment
• Buckhorn
• Bulk Handling Australia Group
• SBH Solutions
• A. R. Arena Products
• Finncont
• ORBIS Corp
• TPS Rental Ltd
• TranPak Inc
• Brambles Group
• Schoeller Allibert
• Milford IBC
• Horen Plastics

This report segments the global folding IBCs market into:

Global Folding IBCs Market: Material Analysis

• Plastic
• Metal
  • Stainless Steel
  • Carbon Steel

Global Folding IBCs Market: Capacity Analysis

• Less than 500 Liters
• Between 500 and 1000 Liters
• Between 1000 and 1500 Liters
• More than 1500 Liters

Global Folding IBCs Market: Packaging Content Analysis

• Liquid
• Solids and Semi-Solids

Global Folding IBCs Market: Application Analysis

• Chemicals
  • Non-Hazardous
  • Hazardous
• Cosmetic and Toiletries
• Automotive and Mechanical Parts
• Food and Beverage
• Paints, Dyes, and Inks
• Petroleum Products
• Others

Global Folding IBCs Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa?