Industrial Bulk Packaging Market by Material (Plastic, Steel, Fiber, Others), by Product (Drums, Intermediate Bulk Container (IBC), by Application (Chemicals & Petrochemicals, Food & Beverages, Pharmaceuticals, Automotive, Others), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2025-2033
The global industrial bulk packaging market is projected to grow from USD 132.16 billion in 2022 to USD 167.45 billion by 2027, at a CAGR of 4.09%. Growing demand for packaged products in various end-use industries and increasing international trade are key factors driving the market growth. Industrial Bulk Packaging is a process of storing or transporting large volumes of material or finished products in large storage containers. It has been applied in areas like chemical processing, farming, drug manufacturing and food production to assure safe and proper product handling. Some of the containers are IBCs, drums, bulk bags or FIBCs and corrugated boxes. The main benefits of their usage are less expenditure, lesser wastage, increased safety measures, and convenience in handling and storage. Current trends also reflect efforts to preserve the environment by adopting products made out of recyclable and biodegradable packaging and adopting intelligent packaging that is a part of IoT that could track and monitor food products. This evolution is normally targeted at working towards environmental improvement and addressing supply chain issues.
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The comprehensive market report offers valuable insights and data on the industrial bulk packaging industry, embracing:
The industrial bulk packaging market is projected to experience remarkable growth in the Asia-Pacific region, fueled by the expanding chemicals & petrochemicals industry and the rising demand for packaged products.
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 4.09% from 2019-2033 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 4.09% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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