About IBC Container
Intermediate bulk container (or IBC) is a pallet mounted, industrial grade reusable container that is used for storing and transporting bulk drinks and powders. Also regarded as a tote, the IBC is successful of stacking and can be moved with the aid of a pallet jack or forklift. IBC containers are perfect for storing and delivery many exceptional sorts of cargo. Their prevalent diagram skill that all types of materials, from industrial chemical substances to meals products, can be saved and transported interior them. They’re especially extremely good for hazardous substances delivery thanks to their long lasting design. A double valve sketch makes each filling and draining a snap—just open the pinnacle valve for filling and then use the backside valve to dispense the product as wished into your vessel of choice.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The market for intermediate bulk containers is aggressive and fragmented with North America occupying a main share in the international market. Moreover, the market players are watching for moneymaking boom possibilities in the future with the rising demand for the intermediate bulk container in the world market. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global IBC Container market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Greif, Inc. (United States), Mondi Group (United Kingdom), Mauser Packaging Solutions (United States), Time Technoplast Ltd. (India), Schuetz Container Systems (United States), Synder Industries, Inc. (United States), International Paper Company (United States), Bulk Lift International, LLC (United States), Berry Plastics Corpo (United States) and DS Smith PLC (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Transtainer Plymouth Industries (United States), Metano Ltd Titan IBC (United Kingdom), Schafer Werke Gmbh (Germany) and Thielmann (Spain).
Segmentation Overview
AMA Research has segmented the market of Global IBC Container market by , Application (Chemical manufacturing, Construction, Water treatment, Agriculture and Others) and Region.
On the basis of geography, the market of IBC Container has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Carbon Steel IBCs will boost the IBC Container market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by IBC, the sub-segment i.e. Rigid Plastic IBC will boost the IBC Container market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Popularity of the Intermediate Bulk Containers as a Safer Sustainable Packaging and Mounting Popularity of Intermediate Bulk Containers in the Petrochemical Sector
Market Growth Drivers:
Increasing Export of Intermediate Bulk Container Packed Products and Rising Production of Chemical and Pharmaceutical Industries
Challenges:
Limited Control over Discharge of Contents, Risk of Segregation of Blends and Environmental Charges for Disposal
Restraints:
Higher initial CAPEX expenditure, Not economical for site to site transfer and Storage & logistics constraints
Opportunities:
Growth of the Food & Agriculture Services
Market Leaders and their expansionary development strategies
In 2021, THIELMANN is delighted to announce that the organisation has joined collectively with different main keg furnish chain gamers to structure the Steel Keg Association. The Steel Keg Association is a marketing-focused non-profit company that ambitions to expand the quantity of beer and different liquids served from stainless metal kegs. These companions encompass BLEFA, Hillebrand Gori, Micro Matic, MicroStar Logistics, and Schaefer Container Systems.
In 2022, Greif has launched a lightweight, high-performance jerrycan in Brazil appropriate for packaging agrochemicals, chemicals, flavors, fragrances, and beverages. The JCR20L is nearly 20 percentage lighter than the wellknown 20-liter jerrycan. The decreased weight comprises up to seven percentage extra jerrycans per pallet and 6.7 percentage larger warehouse storage capacity. In addition, the lighter weight capability decrease series fees for recycling.
Key Target Audience
IBC Container Manufacturers, IBC Containers Distributors and Suppliers, Raw Materials, Government Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.