Asia Pacific Corrugated Bulk Bins Market Forecast to 2031 - Regional Analysis - by Type (Single-Wall, Double-Wall, and Triple-Wall), Form (Hinged, Totes, Pallet, and Others), Application

Description

List of Tables

The Asia Pacific corrugated bulk bins market was valued at US$ 6,674.39 million in 2023 and is projected to reach US$ 10,542.17 million by 2031; it is estimated to record a CAGR of 5.9% from 2023 to 2031.

Strategic Initiatives by Key Market Players Boost Asia Pacific Corrugated Bulk Bins Market

Key manufacturers operating in the corrugated bulk bins market are investing significantly in strategic development initiatives such as product innovation, R&D, mergers and acquisitions, and business expansions to enhance their market position by attracting a broad customer base. Expanding into new geographic locations allows market players to reach untapped customer bases, further increasing their market share and revenue streams. The expansion strategy also allows them to achieve economies of scale by increasing production volumes.

Investments in advanced manufacturing technologies such as automation and robotics also allow enterprises to enhance their production efficiency and product quality. The subsequent product diversification through innovations, such as triple-wall or hybrid corrugated bins, further provides them a competitive edge. In February 2024, Atlantic Packaging Products Ltd launched second-generation beverage carrier packaging. It is manufactured from paper by eliminating single-use plastics from the packaging supply chain. Thus, such strategic initiatives are expected to create lucrative opportunities for the Asia Pacific corrugated bulk bins market players during the forecast period.

Asia Pacific Corrugated Bulk Bins Market Overview

China is witnessing significant growth in the food & beverages industry owing to increased disposable income and a growing population in the country. According to the US Department of Agriculture, in 2023, China's food production grew by 2.9%, i.e., 1.9% higher than the average industrial production growth rate. The country is also witnessing an increase in demand for processed food and packaged food products attributed to the greater focus on convenience among consumers. Thus, the growing food & beverages industry boosts the demand for corrugated bulk bins in China.

Asia Pacific Corrugated Bulk Bins Market Revenue and Forecast to 2031 (US$ Million)

Asia Pacific Corrugated Bulk Bins Market Segmentation

The Asia Pacific corrugated bulk bins market is categorized into type, form, application, and country.

Based on type, the Asia Pacific corrugated bulk bins market is segmented into single-wall, double-wall, and triple-wall. The triple-wall segment held the largest market share in 2023.

In terms of form, the Asia Pacific corrugated bulk bins market is categorized into hinged, totes, pallet, and others. The pallet segment held the largest market share in 2023.

By application, the Asia Pacific corrugated bulk bins market is segmented into food & beverages, industrial equipment & parts, construction, electrical & electronics, chemicals, pharmaceuticals, and others. The food & beverages segment held the largest market share in 2023. Furthermore, the food & beverages segment are sub segmented into fresh produce, poultry meat & seafood, packaged foods, tobacco, and others.

By country, the Asia Pacific corrugated bulk bins market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific corrugated bulk bins market share in 2023.

DS Smith Plc, Georgia-Pacific LLC, Greif Inc, International Paper Co., Mondi Plc, Packaging Corp of America, Tri-Wall Limited, WestRock Co, Abbe Pty Ltd, and VISY Industries Australia Pty Ltd are some of the leading companies operating in the Asia Pacific corrugated bulk bins market.

Product Code: BMIRE00031426

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
3.3 Limitations and Assumptions

4. Asia Pacific Corrugated Bulk Bins Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Porter's Five Forces Analysis
- 4.2.2 Threat of New Entrants:
- 4.2.3 Threat of Substitutes:
- 4.2.4 Bargaining Power of Buyers:
- 4.2.5 Bargaining Power of Suppliers:
- 4.2.6 Competitive Rivalry:
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Corrugated Bulk Bins Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 End-Use Industry
- 4.3.5 List of Vendors in the Value Chain

5. Asia Pacific Corrugated Bulk Bins Market - Key Market Dynamics

5.1 Corrugated Bulk Bins Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Continuous Growth of Food & Beverages Industry
- 5.2.2 Rising Demand for Triple-Wall Corrugated Bulk Bins
5.3 Market Restraints
- 5.3.1 Availability of Alternatives
5.4 Market Opportunities
- 5.4.1 Strategic Initiatives by Key Market Players
5.5 Future Trends
- 5.5.1 Integration of RFID in the Corrugated Bulk Bins
5.6 Impact of Drivers and Restraints:

6. Corrugated Bulk Bins Market- Asia Pacific Market Analysis

6.1 Asia Pacific Corrugated Bulk Bins Market Overview
6.2 Asia Pacific Corrugated Bulk Bins Market Revenue (US$ Million), 2021-2031
6.3 Asia Pacific Corrugated Bulk Bins Market Forecast Analysis

7. Asia Pacific Corrugated Bulk Bins Market Analysis - by Type

7.1 Single-Wall
- 7.1.1 Overview
- 7.1.2 Single-Wall: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Double-Wall
- 7.2.1 Overview
- 7.2.2 Double-Wall: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Triple-Wall
- 7.3.1 Overview
- 7.3.2 Triple-Wall: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)

8. Asia Pacific Corrugated Bulk Bins Market Analysis - by Form

8.1 Hinged
- 8.1.1 Overview
- 8.1.2 Hinged: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Totes
- 8.2.1 Overview
- 8.2.2 Totes: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Pallet
- 8.3.1 Overview
- 8.3.2 Pallet: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
8.4 Others
- 8.4.1 Overview
- 8.4.2 Others: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)

9. Asia Pacific Corrugated Bulk Bins Market Analysis - by Application

9.1 Food and Beverages
- 9.1.1 Overview
- 9.1.2 Food and Beverages: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
  - 9.1.2.1 Fresh Produce
    - 9.1.2.1.1 Overview
    - 9.1.2.1.2 Fresh Produce: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
  - 9.1.2.2 Poultry, Meat, and Seafood
    - 9.1.2.2.1 Overview
    - 9.1.2.2.2 Poultry, Meat, and Seafood: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
  - 9.1.2.3 Packaged Foods
    - 9.1.2.3.1 Overview
    - 9.1.2.3.2 Packaged Foods: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
  - 9.1.2.4 Tobacco
    - 9.1.2.4.1 Overview
    - 9.1.2.4.2 Tobacco: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
  - 9.1.2.5 Others
    - 9.1.2.5.1 Overview
    - 9.1.2.5.2 Others: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Industrial Equipment and Parts
- 9.2.1 Overview
- 9.2.2 Industrial Equipment and Parts: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Construction
- 9.3.1 Overview
- 9.3.2 Construction: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Electrical and Electronics
- 9.4.1 Overview
- 9.4.2 Electrical and Electronics: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
9.5 Chemicals
- 9.5.1 Overview
- 9.5.2 Chemicals: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
9.6 Pharmaceuticals
- 9.6.1 Overview
- 9.6.2 Pharmaceuticals: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
9.7 Others
- 9.7.1 Overview
- 9.7.2 Others: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)

10. Asia Pacific Corrugated Bulk Bins Market - Country Analysis

10.1 Asia Pacific Corrugated Bulk Bins Market, by Key Country - Revenue (2023) (US$ Million)
- 10.1.1 Asia Pacific: Corrugated Bulk Bins Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.1 Asia Pacific: Corrugated Bulk Bins Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.2 Australia: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.2.1 Australia: Corrugated Bulk Bins Market Breakdown, by Type
    - 10.1.1.2.2 Australia: Corrugated Bulk Bins Market Breakdown, by Form
    - 10.1.1.2.3 Australia: Corrugated Bulk Bins Market Breakdown, by Application
  - 10.1.1.3 China: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.3.1 China: Corrugated Bulk Bins Market Breakdown, by Type
    - 10.1.1.3.2 China: Corrugated Bulk Bins Market Breakdown, by Form
    - 10.1.1.3.3 China: Corrugated Bulk Bins Market Breakdown, by Application
  - 10.1.1.4 India: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.4.1 India: Corrugated Bulk Bins Market Breakdown, by Type
    - 10.1.1.4.2 India: Corrugated Bulk Bins Market Breakdown, by Form
    - 10.1.1.4.3 India: Corrugated Bulk Bins Market Breakdown, by Application
  - 10.1.1.5 Japan: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.5.1 Japan: Corrugated Bulk Bins Market Breakdown, by Type
    - 10.1.1.5.2 Japan: Corrugated Bulk Bins Market Breakdown, by Form
    - 10.1.1.5.3 Japan: Corrugated Bulk Bins Market Breakdown, by Application
  - 10.1.1.6 South Korea: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.6.1 South Korea: Corrugated Bulk Bins Market Breakdown, by Type
    - 10.1.1.6.2 South Korea: Corrugated Bulk Bins Market Breakdown, by Form
    - 10.1.1.6.3 South Korea: Corrugated Bulk Bins Market Breakdown, by Application
  - 10.1.1.7 Rest of APAC: Corrugated Bulk Bins Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.7.1 Rest of APAC: Corrugated Bulk Bins Market Breakdown, by Type
    - 10.1.1.7.2 Rest of APAC: Corrugated Bulk Bins Market Breakdown, by Form
    - 10.1.1.7.3 Rest of APAC: Corrugated Bulk Bins Market Breakdown, by Application

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Expansion
12.3 New Product Development
12.4 Merger and Acquisition
12.5 Partnerships
12.6 Other Business Strategies

13. Company Profiles

13.1 DS Smith Plc
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Georgia-Pacific LLC
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Greif Inc
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 International Paper Co
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Mondi Plc
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Packaging Corp of America
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Tri-Wall Limited
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 WestRock Co
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Abbe Pty Ltd
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 VISY Industries Australia Pty Ltd
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners