Global Intermediate Bulk Container Market Size, Share, Growth Analysis, By Material(Plastic, Metal), By End - Use(Food, Chemicals & Petroleum)

Description

Global Intermediate Bulk Container Market size was valued at USD 14 billion in 2022 and is poised to grow from USD 14.77 billion in 2023 to USD 22.67 billion by 2031, growing at a CAGR of 5.5% during the forecast period (2024-2031).

The market growth of intermediate bulk containers (IBCs) is fueled by their widespread adoption across various industries and the expansion of global trade, despite potential hindrances from fluctuating raw material prices. Renowned for their innovative design, IBCs serve as versatile industrial-grade reusable vessels for transporting and storing bulk liquids, powders, and other materials, offering efficient stacking for space optimization and easy movement via pallet jacks or forklifts, thus driving an increasing demand for shipping purposes. In the pharmaceutical sector particularly, the utilization of IBCs is poised for significant growth, supported by factors such as the presence of numerous pharmaceutical manufacturers in the U.S. and the industry's rapid expansion due to the rising prevalence of chronic diseases, projecting a substantial Compound Annual Growth Rate (CAGR) during the forecast period. Additionally, IBCs play a crucial role in flood control activities across the country.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Intermediate Bulk Container Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Intermediate Bulk Container Market Segmental Analysis

The global intermediate bulk container market is segmented on the basis of material, end - use, region. By materials, the market is segmented into plastic, metal, corrugated. By end - use, the market is segmented into food, chemicals & petroleum, pharmaceuticals, others. By region, the market is segmented into North America, Europe, Latin America, Asia- Pacific, Middle East and Africa.

Drivers of the Global Intermediate Bulk Container Market

The rising industrial sector alongside the expanding global trade has intensified the need for efficient and dependable bulk packaging solutions such as Intermediate Bulk Containers (IBCs). Sectors including chemicals, petrochemicals, food and beverages, and pharmaceuticals heavily depend on IBCs for the safe transportation and storage of their goods.

Restraints in the Global Intermediate Bulk Container Market

The Intermediate Bulk Container (IBC) market is highly responsive to changes in raw material prices such as plastics and metals, with unpredictable cost variations significantly affecting the profitability and pricing approaches of IBC manufacturers.

Market Trends of the Global Intermediate Bulk Container Market

As industries broaden their scope and demand for specialized products increases, there's a noticeable shift towards the creation of personalized and niche Intermediate Bulk Containers (IBCs). These specialized containers are designed to fulfill distinct storage and transportation requirements, thus enhancing the market's adaptability and flexibility.

Product Code: SQMIG15A2247

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Intermediate Bulk Container Market by Material

Market Overview
Plastic
Metal
Corrugated

Global Intermediate Bulk Container Market by End - Use

Market Overview
Food
Chemicals & Petroleum
Pharmaceuticals
Others

Global Intermediate Bulk Container Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Greif, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Schutz GmbH & Co. KGaA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Mauser Group B.V. (Now part of Stone Canyon Industries)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hoover Ferguson Group, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Time Technoplast Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Syntex Industries
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Snyder Industries, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Transtainer Global
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Claw Environmental (Services) Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
TPS Rental Systems Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Werit Kunststoffwerke W. Schneider GmbH & Co. KG
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
International Paper Company (now known as Graphic Packaging International)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Orbis Corporation (part of Menasha Corporation)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hoyer Group
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bulk Handling Australia Group (BHAG)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
IBC Tote, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
CHEP (Brambles Limited)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bulk Lift International
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Metano IBC Services
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Berry Global Group, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Intermediate Bulk Container Market Size, Share, Growth Analysis, By Material(Plastic, Metal), By End - Use(Food, Chemicals & Petroleum) - Industry Forecast 2024-2031