Folding IBCs Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Report Code: ZMR-3473 | Report Format : | Status : Upcoming |

Abstract

Global Folding IBCs Market: Overview

Folding or flexible intermediate bulk containers (IBCs) are basically reusable manufacturing vessels/containers designed mainly for transportation and storage of bulk granulated substances and liquids, such as food ingredients, chemicals, pharmaceuticals, solvents, etc. The demand and popularity of folding IBCs market can be attributed to these containers’ abilities to withstand varied effects of wind, ice, sun, rain, snow, etc., which makes these containers suitable for long-term outdoor usage.

Global Folding IBCs Market: Growth Factors

The major growth driver in the global folding IBCs market is these containers’ cost-efficient and high operational performance. The food and beverage sector increasingly use folding IBCs for storing various food items as they offer reusable, secure, and safe packaging solutions. This is also contributing to the development of the market for folding IBCs globally. Folding IBCs have the ability to withstand the varied effects of rain, wind, sun, snow, ice, etc., which makes these containers apt for prolonged outdoor storage. These IBCs are witnessing an increased demand from various end-user industries, such as petrochemicals, cosmetics, chemicals, etc., for product storage. These containers are extensively used for carrying hazardous chemicals. These are some of the other factors fuelling the expansion of the market for folding IBCs on a global scale.

Global Folding IBCs Market: Segmentation

The folding IBCs market can be categorized based on material, application, capacity, and packaging content. On the basis of material, the market for folding IBCs can be bifurcated into plastic and metal. The metal segment is further divided into stainless steel and carbon steel. Based on application, the folding IBCs market is classified into chemicals (non-hazardous and hazardous), cosmetic and toiletries, automotive and mechanical parts, food and beverage, paints, dyes, and inks, and petrochemical products, among others. The chemical segment is anticipated to be the most popular in the upcoming years, due to these containers’ high demand for hazardous chemicals. On the basis of capacity, the market for folding IBCs is categorized into less than 500 L, between 500 and 1000 L, between 1000 and 1500 L, and more than 1500 L. Based on packaging content, the folding IBCs market is divided into solids and semisolids and liquids.

Global Folding IBCs Market: Regional Analysis

Based on geography, the global folding IBCs market is divided into North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. The Asia Pacific region is projected to hold the largest market share in the folding IBCs market in the upcoming years. This is due to increasing disposable income of the population in emerging economies, such as India and China. The North American region is projected to hold a substantial share in the market for folding IBCs during the forecast timeframe. This is due to the folding IBCs’ large storage capabilities to offer cost-effective solutions to consumers.

Global Folding IBCs Market: Competitive Players

Some key players in the folding IBCs market are TPS Rental Systems, SBH Solutions, Wuhao Industry & Trade, Bulk Handling Australia Group, Finncont, TranPak Inc., A. R. Arena Products, ORBIS Corp., Brambles Group, TPS Rental Ltd, Dalian CIMC Logistics Equipment, Milford IBC, Schoeller Allibert, Loscam Ltd., Buckhorn, Horen Plastics, and RPP Containers, among others.

Global Folding IBCs Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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