Global Bulk Container Packaging Market Research Report 2021

Bulk container packages are transported in a range of vehicles, from humongous cargo ships to even super long monster truck trailers. Transportation plays the most crucial role in the supply chain operations, as it allows the movement of goods from the place where it is manufactured, to the place where it is ordered. Globalization generates favorable circumstances by keeping manufacturing bases distant from consumption regions. Transportation costs are considered the largest part of the total cost, hence there is a rising requirement for more innovative and cost-effective bulk container packaging solutions, to reduce the transportation costs on the whole. Flexible bulk packaging is expected to register a rapid growth than rigid bulk packaging. Improvements in flexible bulk packaging are generally led by film wrap and flexible intermediate bulk containers. Owing to its increased use in securing pallets and various packaging formats during shipment, film wrap is expected to show a positive growth. Correspondingly, the increase in the usage of films for bundling bulk and multipack items in retail settings,for instance in warehouse-style stores, is driving the growth of the market. In rigid bulk packaging, RIBCs and material handling containers are expected to grow at a faster rate, when compared to the established drums and pails.
The increased demand in the oil and petroleum industry across the globe is a major driver of the global bulk container packaging market. Bulk containers, being reusable and very durable, have a very high operational value and incredible cost efficiency. This along with the increased trade in the global wine and beverages industry is driving the global bulk container packaging market. However, the highly volatile costs of raw materials, and the strict and stringent regulatory policies are significant restraints to the growth of this market. An improved trade relationship amongst the BRICS nations has had a positively significant impact on the global bulk container packaging market.

The global Bulk Container Packaging market was valued at US$ 3110.9 million in 2019 and is expected to reach US$ 5398.9 million by the end of 2026, growing at a CAGR of 8.1% during 2021-2026.
This report focuses on Bulk Container Packaging volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Bulk Container Packaging market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Bulk Container Packaging Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Drums
Pails
Material Handling Containers
Bulk Container Liners
RIBCs
FIBCs
Flexi Tanks
Others

Segment by Application
Chemicals and Pharmaceuticals
Food and Beverages
Petroleum and Lubricants
Agricultural and Horticultural Products
Durable Goods

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
BLT
Braid Logistics
Büscherhoff Spezialverpackung
Environmental Packaging Technologies
Shandong Anthente