Intermediate Bulk Container Liner Market Is Likely To Witness Huge...

Intermediate Bulk Container Liner Market Is Likely To Witness Huge Growth

Posted 2024-08-20 10:21:41

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Intermediate Bulk Container Liner Industry Overview

The global intermediate bulk container liner market size was estimated at USD 948.8 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% during the forecast period 2023-2030.

This market growth is attributed to the growing international trade agreements in regions such as Asia Pacific, Central & South America, and others. For instance, tomato pastes and purees are majorly exported from Chile, Brazil, and others to major trade partners such as the U.S. and Canada. Intermediate bulk container (IBC) liner is a flexible bag comprising of several layers of plastic films and is fitted with a variety of discharge and fill fitments to transport bulk quantities of products.

Gather more insights about the market drivers, restrains and growth of the Intermediate Bulk Container Liner Market

The U.S. Intermediate Bulk Container (IBC) liner market is driven by the increased international exports of food & beverage products such as vegetable oils and milk to major export partners such as China, Canada, and others. Based on the data provided by Office of the United States Trade Representative, the country is considered as the second largest trading economy after China with over USD 7.0 trillion in exports and imports of goods. U.S. has trade relations with over 200 countries and regional associations spread across the globe. This thriving trade relations is expected to drive the demand for bulk transportation packaging for exporting and importing of goods which can drive the demand for IBC liners.

In addition, the dairy sector in the country is witnessing significant growth owing to several government funding to increase international exports of dairy products. For instance, on June 8, 2023, the U.S. Department of Agriculture (USDA) announced its plans to invest USD 23.0 million to support the expansion and development of the U.S. dairy industry. These investments and developments in U.S. dairy sector further drive the demand for IBC liners in exporting these products internationally.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

The global epoxy curing agents market size was estimated at USD 3,542.52 million in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2030.
The global polyethylene terephthalate films market size was estimated at USD 35.97 billion in 2023 and expected to expand at a CAGR of 5.2% from 2024 to 2030.

Intermediate Bulk Container Liner Market Segmentation

Grand View Research has segmented the global intermediate bulk container (IBC) liner market on the basis of capacity, application, and region:

Intermediate Bulk Container Liner Capacity Outlook (Revenue, USD Million, 2018 - 2030)

Upto 1000 liters
Above 1000 liters

Intermediate Bulk Container Liner Application Outlook (Revenue, USD Million, 2018 - 2030)

Food & Beverage
- Alcoholic Beverages
- Non-Alcoholic Beverages
- Others
Industrial Liquids
Household Products

Intermediate Bulk Container Liner Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America
- U.S.
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- Malaysia
- Thailand
Central & South America
- Brazil
- Mexico
- Argentina
- Chile
- Colombia
Middle East & Africa
- GCC Countries

Key Companies & Market Share Insights

Key Companies resort to multiple mergers and acquisitions in a bid to gain market share in a particular region. In some cases, the companies build technological collaborations to produce an advanced product with superior performance characteristics to increase revenue. For instance, on February 1, 2023, Sealed Air, a packaging solutions manufacturer completed the acquisition of Liquibox, a provider of bulk liquid packaging solutions. With this acquisition, Sealed Air is anticipated to expand its liquid packaging portfolio under the brand named CRYOVAC. Some of the prominent players in the global intermediate bulk container liner market include:

Amcor plc
Sealed Air
CHEP
Arena Products, Inc.
Scholle IPN
Liquibox
ILC Dover LP
Greif
Smurfit Kappa
Steripac Asia
CDF Corporation
Mulitpac Systems
SBH Solutions
Qbig Packaging B.V.
Peak Liquid Packaging

Order a free sample PDF of the Intermediate Bulk Container Liner Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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