According to Future Market Insights, the global intermediate bulk container (IBC) market size is forecast to inflate from US$ 23.8 billion in 2023 to US$ 46.2 billion by 2033. Overall intermediate bulk container demand is expected to surge at 6.9% CAGR throughout the assessment period (2023 to 2033).
Intermediate Bulk Containers (IBCs) are large, reusable containers used for storing and transporting bulk liquids, granules, and powders. These containers are designed to withstand the rigors of handling, stacking, and transportation while ensuring the safe and efficient movement of the contents.
IBCs are typically made of rigid materials such as high-density polyethylene (HDPE) or metal and feature a pallet base for easy maneuverability with forklifts or pallet jacks. They are equipped with valves or fittings for filling and dispensing the contents, and some models are collapsible, offering significant space savings during return shipping.
The combination of IBCs and liners provides a robust packaging solution that not only protects the product but also improves operational efficiency and reduces environmental impact through reusability.
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Market Trends and Growth Drivers
What are the current market trends in the IBC liner industry?
The Intermediate Bulk Container (IBC) liner market is witnessing steady growth due to the following factors:
- Increasing Demand for Bulk Transportation: The rise in global trade and the need for cost-effective transportation solutions have fueled the demand for IBC liners.
- Stringent Regulations and Quality Standards: Industries such as food, pharmaceuticals, and chemicals are subject to stringent regulations regarding product quality and safety, driving the adoption of IBC liners.
- Growing Awareness of Environmental Sustainability: The focus on reducing packaging waste and promoting sustainable practices has led to the increased use of reusable IBCs and liners.
- Advancements in Material Technology: The development of high-performance materials and innovative liner designs has improved the efficiency and effectiveness of IBC liners, expanding their applications.
Key Takeaways from Intermediate Bulk Containers (IBC) Market
- By product type, the flexible IBC segment is likely to hold around 94% market share by the end of 2033.
- Based on material, plastic segment will continue to dominate the global intermediate bulk container (IBC) market during the next decade.
- In terms of content, solid & semi-solids segment is forecast to showcase an incremental opportunity of US$ 20.3 billion, during the assessment years.
- By end use, chemicals sub-segment in RIBCs category is estimated to create an incremental opportunity of US$ 1.2 billion during the projection period while food and agriculture sub-segment of FIBCs category is estimated to create an incremental opportunity of US$ 8.4 billion by the end of 2033.
- Europe is forecast to remain at the leading position and hold around 1/3rd share of the global market during the assessment period.
- With increasing manufacturing activities, East Asia and South Asia markets are estimated to witness a gain of 250 bps and 140 bps of current market share respectively by 2033.
- The U.S. intermediate bulk container (IBC) market reached US$ 3.5 billion in 2022 and it is expected to hold 86.7% share of North America market by 2033.
- China’s intermediate bulk container market is forecast to exhibit a CAGR of 8.5% between 2023 and 2033.
“Growing demand for flexible and rigid intermediate bulk containers due to their packaging capabilities in storing and transporting liquid, semi-solid and solid contents safely and conveniently is anticipated to provide a strong thrust to the global intermediate bulk container market development,” says an FMI analyst
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Challenges in the IBC Liner Market
What challenges does the IBC liner market face?
Despite the numerous benefits and opportunities, the IBC liner market faces certain challenges, including:
- Compatibility Issues: Ensuring compatibility between the IBC and the liner material can be challenging, as different products require different material properties for optimal performance.
- Cost Considerations: The initial investment in IBC liners may be higher compared to traditional packaging options. However, the long-term cost savings and operational efficiencies often outweigh the upfront expenses.
- Limited Reusability: While IBCs are reusable, some liner materials may have limitations in terms of the number of uses or reusability. Choosing the right liner material is crucial to maximize the lifespan and cost-effectiveness of the liners.
Who is Winning?
Greif Inc., SCHUTZ GmbH & Co. KGaA, and Mauser Packaging Solutions are the top players operating in the intermediate bulk containers market. Further, Berry Global Inc., International Paper Company, DS Smith Plc and Mondi Group are also noticeable players in the intermediate bulk containers market. The 3-tier players of the market hold 55 to 65% of the global intermediate bulk containers market. Summarizing everything, key players will contribute almost 25 to 30% of the global market.
- Grief Inc,
- Berry Global, Inc,
- Thielmann US LLC,
- SIA Flexitanks Limited,
- Schafer Werke Gmbh,
- Time Technoplast Ltd,
- International Paper Company,
- DS Smith Plc,
- HCS Group,
- Mondi Plc,
- SCHÜTZ GmbH & Co. KGaA,
- Mauser Packaging Solutions,
- Hoover Ferguson Group,
- Snyder Industries, Inc,
- Obal Centrum s.r.o,
- Bulk Lift International, Inc,
- Transtainer,
- Pensteel Ltd, and
- SYSPAL Ltd,
are few of the key intermediate bulk container manufacturers operating worldwide.
Intermediate Bulk Container (IBC) Industry by Category
By Product:
- RIBC
- Metal
- Paperboard
- Plastic
- Composite
- FIBC
- Flexitanks
- Bags
By Material:
- Metal & Paperboard
- Plastic
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
By Content:
- Liquid
- Solid & Semi-Solids
By Capacity:
- RIBC
- Up to 1,000 L
- 1,000 – 1,500 L
- Above 1,500 L
- FIBC
- Up to 500 KG
- 501 to 1,000 KG
- 1,001 to 1,500 KG
- Above 1,500 KG
By End Use:
- RIBC
- Chemicals
- Petroleum & Lubricants
- Paints, Inks & Dyes
- Food & Beverage
- Cosmetic & Personal
- Healthcare & Pharmaceuticals
- Others
- FIBC
- Chemicals & Fertilizers
- Food & Agriculture
- Building & Construction
- Healthcare & Pharmaceuticals
- Mining
- Others
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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