Title: New FMI Report Explores Impact of COVID-19 Outbreak on IBC (Intermediate Bulk Container) Liners Market
1IBC (Intermediate Bulk Container) Liners Market
is Projected to Expand at a CAGR of XX Through
2028
Report Id REP-GB-6559 Published On Feb
28,2019 Category Packaging
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4IBC (Intermediate Bulk Container) Liners Market
Analysis
- VALLEY COTTAGE, New York, March 6, 2019
/PRNewswire/ -- Global IBC (intermediate bulk
containers) liners consumption will lead to the
market valuation of over US 1 billion towards
the end of 2028, according to a new analytical
study of Future Market Insights (FMI). The global
market for IBC liners has been projected to
expand at a promising CAGR of 5 during the
10-year forecast period 2018-2028. The report
attributes this growth to billowing consumption
of IBC liners within the FB and chemical
manufacturers. - Furthermore, demand for aseptic IBC liners is
gaining traction with the increasing need for
maintenance of the freshness and aroma of the
content stored. The aseptic IBC liner segment
holds more than 70 of the total market share, by
filling technology. - IBC Liners Market FMI Key Findings
- Polyethylene is the most common material type
used for manufacturing IBC liners owing to its
extensive flexibility and cost-effectiveness. - Among capacity types, the 1,000 to 1,500 litres
segment holds the highest market share and is
projected to have a highly positive outlook
during the forecast period. One of the most
common capacity types, 1,000 to 1,500 litres
capacity type is widely used for storage and
shipping of bulk contents.
5IBC (Intermediate Bulk Container) Liners Market
Analysis
- The beverages segment is projected to be the most
attractive segment during the forecast period in
terms of total incremental opportunity and market
share. The demand generated from the beverages
sector is expected to remain prominent, which can
be recognized with the increasing export
activities across the regions for bulk liquid
packaging shipping, as well as the growing
adoption of IBC liners for packaging of
FDA-compliant IBC liners. - Among filling technology types, the aseptic
filling segment is expected to expand 1.3x of its
current value by the end of 2022. - Emergent Markets Expected to Escalate the Demand
for IBC Liners - The IBC liners market has numerous growth
opportunities in South Asia. The adoption of bulk
liquid packaging is positively impacting the IBC
liners demand. Manufacturers are focusing on
manufacturing IBC liners for standard IBCs and
also meeting end-user requirements through
customized products. This has led to an increased
usage of IBC liners which have unique
distinguishing features, particularly in the food
and beverages sector.
6IBC (Intermediate Bulk Container) Liners Market
Analysis
Intermediate bulk containers are widely being
preferred for bulk transportation, while many
companies have their fleet of IBCs, some of the
small manufacturers are now interested in
pooling. The industry is witnessing a shift from
the ownership model to the pay-per-use model due
to IBC liners. It is more cost-effective than
buying an intermediate container. Also, IBCs
rentals allow capital conservation and eliminate
IBC disposal costs. With trade activities across
the borders expected to propel, the bulk
packaging market is expected to witness
tremendous growth. This factor, in turn, is
anticipated to fillip the demand for IBC liners.
Overall, the East Asia IBC liners market is
expected to show a positive outlook throughout
the forecast period and represent a total
incremental opportunity of US 73.0 Mn. Middle
East and Africa, as well as Latin America, also
represent lucrative opportunities for the growth
of IBC liners market during the forecast
period. FMI's report has covered some of the key
manufacturers operating in the IBC liners market,
which also include Bemis Company, Inc., Nittel
GmbH Co KG, Sealed Air Corporation, Arena
Products, Inc., Qbig Packaging B.V., CDF
corporation, Brambles Industries Limited,
Composite Containers LLC, Peak Packaging Ltd.,
and Paper Systems Inc. among others. Many local
and unrecognized players are expected to
contribute to the global IBC liners market during
2018-2028.
7IBC (Intermediate Bulk Container) Liners Market
Analysis
Request for covid19 Impact Analysis https//www.f
uturemarketinsights.com/covid19/rep-gb-6559 Press
Release Source https//www.prnewswire.com/news-r
eleases/ibc-intermediate-bulk-containers-liners-ma
rket-is-projected-to-expand-at-a-cagr-of-5-0-throu
gh-2028--future-market-insights-300807554.html Mo
re from Packaging Market Insights Intelligence P
aper Cups Market Egg Packaging Market Collapsible
Water Bottles Market
8IBC (Intermediate Bulk Container) Liners Market
Analysis
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