Global Flexible Intermediate Bulk Container Industry

Global Flexible Intermediate Bulk Container Industry

  • April 2021 •
  • 188 pages •
  • Report ID: 5899498 •
  • Format: PDF
Abstract:
- Global Flexible Intermediate Bulk Container Market to Reach 980.8 Million Units by 2027
- Amid the COVID-19 crisis, the global market for Flexible Intermediate Bulk Container estimated at 702.2 Million Units in the year 2020, is projected to reach a revised size of 980.8 Million Units by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027. Chemical, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach 313.8 Million Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Food segment is readjusted to a revised 4.1% CAGR for the next 7-year period.
- The U.S. Market is Estimated at 190.3 Million Units, While China is Forecast to Grow at 7.6% CAGR
- The Flexible Intermediate Bulk Container market in the U.S. is estimated at 190.3 Million Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 201.9 Million Units by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.
- Pharmaceutical Segment to Record 4.5% CAGR
- In the global Pharmaceutical segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of 78.9 Million Units in the year 2020 will reach a projected size of 104.4 Million Units by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 130.3 Million Units by the year 2027, while Latin America will expand at a 5.5% CAGR through the analysis period.

- Select Competitors (Total 44 Featured) -
  • AmeriGlobe LLC
  • BAG Corporation
  • Berry Plastics Corporation
  • Bulk Lift International, LLC.
  • Conitex Sonoco
  • Global-Pak, Inc.
  • Greif, Inc.
  • Halsted Corporation
  • Intertape Polymer Group, Inc.
  • J & H M Dickson Ltd
  • Jumbo Bag Limited
  • Langston Companies, Inc.
  • LC Packaging International BV
  • MiniBulk Inc.
  • Mondi Ltd.
  • Plastipak Holdings, Inc.
  • RDA Bulk Packaging Ltd.
  • Taihua Group