Global Intermediate Bulk Container Market 2018-2022
About global intermediate bulk container
An intermediate bulk container (IBC) is a reusable industrial grade container. It is designed for the storage and transportation of bulk liquids and granulated substances such as food grains, solvents, chemical, and pharmaceutical products.
Technavio’s analysts forecast the global intermediate bulk container market to grow at a CAGR of 6.24% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global intermediate bulk container market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of intermediate bulk container based on end users into chemicals, food, pharmaceuticals, and other industries.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Intermediate Bulk Container Market 2018-2022
Technavio recognizes the following companies as the key players in the global intermediate bulk container market: Berry Global, Bulk Lift International, Conitex Sonoco, Global-Pak, Greif, Plastipak Holdings
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is increased demand for customization in IBCs”
According to the report, one driver that is affecting the market is increased efficiency of supply chain operations by using FIBC”
Further, the report states that one challenge that is affecting the market is uncertainty in production cost, driven by fluctuations in raw material prices”
Berry Global, Bulk Lift International, Conitex Sonoco, Global-Pak, Greif, Plastipak Holdings
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