The USA Folding IBC market is set to witness consistent growth over the next decade, driven by increasing demand across key industries such as chemicals, food & beverage, and pharmaceuticals. According to market projections, the USA folding IBC market size is expected to reach USD 205.2 million by 2025, expanding further to USD 315.6 million by 2035. The market is anticipated to register a steady CAGR of 4.4% during the forecast period from 2025 to 2035.
With revenue reaching USD 198.2 million in 2024, folding IBCs have become an essential component of bulk transportation and storage due to their durability, cost-efficiency, and environmental benefits. The growing preference for sustainable and space-saving packaging solutions is further propelling market expansion.
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Folding IBCs offer a versatile and space-efficient packaging solution, making them a preferred choice in industries handling liquids, powders, and granules. The ability to collapse when empty significantly reduces storage costs and enhances supply chain efficiency. The chemical industry, in particular, remains a dominant consumer, utilizing folding IBCs for the safe transport of bulk chemicals, including hazardous materials.
Other industries, such as food & beverage and pharmaceuticals, are also driving demand due to stringent safety regulations and increasing sustainability concerns. The adoption of reusable and recyclable containers in these sectors aligns with the global shift towards eco-friendly packaging solutions.
Key Takeaways From the USA Folding IBC Market
- The USA folding IBC market recorded a CAGR of 3.4% from 2020 to 2024.
- Market value increased from USD 172.6 million in 2020 to USD 198.2 million in 2024.
- Folding IBCs with a capacity of 501 to 1000 L are projected to hold over 44% market share by 2035.
- Liquid packaging is expected to dominate, accounting for 59.7% of the market by 2035.
Key Market Trends
- Sustainability and Environmental Compliance: Growing awareness about carbon footprint reduction has led industries to opt for recyclable and reusable IBCs, contributing to sustainability goals.
- Advancements in Material Technology: Innovations in polymer coatings and enhanced barrier properties are making IBCs more durable and suitable for a wider range of applications.
- Increased Adoption in E-commerce & Logistics: The rapid expansion of e-commerce has created a heightened need for efficient bulk transportation solutions, further boosting demand for folding IBCs.
- Regulatory Support & Safety Standards: Compliance with UN and FDA regulations is encouraging businesses to invest in high-quality folding IBCs for safe and compliant bulk handling.
Driving Factors for Growth
- Cost Savings & Space Optimization: The ability to collapse and stack empty containers helps companies save on storage and return logistics costs.
- Rising Chemical & Pharma Industry Growth: The expansion of the USA chemical and pharmaceutical sectors continues to drive the need for bulk packaging solutions.
- Focus on Hygienic & Secure Transportation: Folding IBCs provide a leak-proof, contamination-resistant solution, ensuring the safety of sensitive products.
- Technological Advancements: Development of smart IBCs with tracking and monitoring features is gaining traction, enabling real-time logistics management.
Competitive Landscape
Key companies in the USA folding IBC business are creating and launching new products to the market. They are combining with various organizations and expanding their geographical reach. A few of them also collaborate and work with local brands and start-up enterprises to produce new products.
Key Developments in USA Folding IBC Market
- In April 2024, Grief opened a New Manufacturing Facility in Dallas, Texas expand Greif’s capacity and create opportunities in the South and Southwest regions of the United States, as well as Mexico.
- In August 2024, TranPak announced the opening of a new Harrisburg, PA warehouse to provide plastic material handling products to the East Coast with significant lower freight costs and faster shipping times.
Key Players in USA Folding IBC Market
- RPP Containers
- Daco corporation
- Grief Inc.
- Arena Products, Inc.
- Tote Solutions Ltd.
- Schoeller Allibert
- Buckhorn Inc (Myers Industries)
- TranPak Inc.
- Metano IBC Services, Inc.
- PALAMATIC PROCESS INC.
USA Folding IBC Market Segmentation
By Material:
In terms of material, the Folding IBC market is divided into Plastic Folding IBCs and metal Folding IBCs
By Capacity:
In terms of capacity, the Folding IBC market is segmented into Up to 500 L, 501 to 1000 L and 1001 to 1,500 L
By Application:
The Folding IBC market includes chemicals, Petrochemical Products, Paints, Inks, & Dye, Food & Beverage, Automotive & Mechanical Parts, Cosmetics & Toiletries, Others
By Packaging Content:
Packaging content of folding IBC include Liquid, Solid & Semisolid.
By Sub-Region:
Key sub-regions such as Northeast, Southeast, Southwest, West and Midwest are included.
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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