Industrial Bulk Packaging Market Size and Global Industry Analysis 2019 – 2028

WILMINGTON, Del. - Sept. 19, 2022 - PRLog -- MARKET OVERVIEW- GLOBAL INDUSTRIAL BULK PACKAGING MARKET

MARKET DRIVER

The industrial bulk packaging market is driven by rising bulk utilized in the pharmaceutical industry due to its enhanced material storage capacity. Also, increasing the consumption of plastic drums by the top market players operating in the Industrial Bulk packaging market. Besides, the bulk packaging market for the cosmetic enterprise is growing in the international market due to change of flavour and choices of the client, who needs good bulk packaging material. Consumers' need for versatile and spill-proof shipping containers has increased demand for bulk container packaging. Bulk packaging regularly includes the usage of intermediate bulk containers and the use of intermediate bulk containers for storing, staking, and transporting bulk liquids boosts the demand of the industrial bulk packaging market. Furthermore, the requirement for bulk shipping and storing of materials in warehouses created the need for bulk container packaging.

MARKET RESTRAINT

Higher pricing of industrial bulk packaging is a major factor hinder the overall growth of the industrial bulk packaging market.

MARKET OPPORTUNITY

Increased demand for effective industrial packaging is owing to increased exports and imports and the safe transportation of products. Also, it is necessary for manufacturers to maintain the product for a longer time during transportation, which has created an opportunity for the industrial bulk packaging market to develop more effective and strong packaging materials. Furthermore, expansion and new product development in the market offer great opportunity for the industrial bulk packaging market.

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MARKET SEGMENTAL OVERVIEW

The global industrial bulk packaging market comprises of different market segment like type, end-user, and geography.

INDUSTRIAL BULK PACKAGING MARKET BY TYPE

The packaging types studied in the global industrial bulk packaging market are, Intermediate Bulk Container, Rigid IBC Container, Drums, Jerry Cans, Pails, Totes/Cracks, Corrugates Boxes, Pallets and Crates & Others.

INDUSTRIAL BULK PACKAGING MARKET BY END-USER

The industrial bulk packaging end-users are, Automotive, Industrial Manufacturing, Food & Beverage, Chemical &Petrochemical, Pharmaceutical, Cosmetic, Lithium Ion Battery Manufacturing.

INDUSTRIAL BULK PACKAGING MARKET BY GEOGRAPHY

The global industrial bulk packaging market (https://www.axiommrc.com/product/11394-global-industrial-...) is studied for the following regions: North America, Europe, Asia-Pacific and Rest of the world (RoW).

COMPETITIVE LANDSCAPE ANALYSIS

The key players studied in market are Greif, International Paper, ORBIS Corporation, Pyramid Technoplast Pvt ltd, Time Technoplast Ltd, DS Smith, IPS Packaging & Automation, Myers Container, Peninsula Drums, Bulk Lift International, Schitz GmbH and CO. KGaA, Mauser Pckaging Solution and among others.