Industrial Bulk Packaging Market By Product Type (IBC, Jerry Cans, Drums, Pails) Application (Food & Beverages, Chemicals & Petrochemicals, Pharmaceuticals) - Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
The Industrial Bulk Packaging Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. The enhancing execution of the assembling segment and the rising mechanical yield are probably going to ponder emphatically the execution of the modern mass bundling market in Mexico over the anticipated years. With a stable financial condition in the nation, the market is foreseen to pick up significantly from the bounced back execution of the synthetic substances area, or, in other words the noticeable purchasers of bulk industrial containers. Elements which are adding to the development of modern mass bundling are expanding urbanization, increment in mechanical spending on packaged products.
Based on type the demand for drums has been significantly higher than other products and is expected to remain so, rising at a substantial CAGR. The food and beverages, chemicals and petrochemicals and the pharmaceuticals industries are the major application areas of industrial bulk packaging across the world.
The market in Mexico for industrial bulk packaging has been witnessing significant development in the recent years. The rising rate of industrialization and the developing shipment of goods in the region have bolstered a substantial demand for industrial bulk packaging.
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Hoover Container Solutions Inc
International Paper Co
Composite Containers LLC
Mauser Group B.V
Cleveland Steel Container Corp
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?