Global Folding IBCs Market: Overview
The global folding IBCs market may have risen at a healthy pace in the past couple of years due to the high performance of the products. Folding or flexible intermediate bulk containers (IBCs) are reusable manufacturing vessels which find usage in many industrial processes. These containers are mainly designed for storing liquids and bulk granulated substances such as pharmaceuticals, chemicals, food ingredients, and solvents. Folding IBCs provide a secure reusable package and can withstand any environmental effect. These containers exhibit a long-term outdoor storage capacity.
An upcoming report on the global folding IBCs market by Transparency Market Research promises to be a crucial source of information for stakeholders looking to strengthen their foothold in the market. The report would enable them to gain proper insight into the growth drivers and restraints. The exhaustive information in the report would unravel the opportunities and pitfalls in the market. The report runs through multiple standpoints such as trends, competitive landscape, product, application, and regional segments to understand which ones hold out solid promise.
Global Folding IBCs Market: Key Trends
The folding IBCs are extensively used in food and beverage industry for storing several food items. This is because they offer secure, safe, and reusable packaging solutions. For the same reason, they are being used in the cosmetics, petrochemicals, and chemicals industries too. The organic growth in such end use industries is believed to be fueling the global folding IBCs market. Folding IBCs are mainly used for carrying hazardous and harmful chemicals. Increasing demand for returnable transport packaging and containerization, and rapidly rising shipping industry are expected to boost the global folding IBCs market in the near term.
The usage of folding IBCs helps in reducing shipping costs which in turn increases revenue influx in industries. The cost-effectiveness, combined with high performance is projected to propel the global folding IBCs market. The folding intermediate bulk containers are stackable which helps in maintaining the storage efficiency. The containers are usually made up of plastic and metal. The ability to transport almost every type of product, reducing chances of contamination, and the sustainable packaging are main USPs of folding IBCs. Those are expected to be driving sales in the global folding IBCs market.
Global Folding IBCs Market: Regional Outlook
Geographically, Asia pacific is expected to lead the global folding IBCs market as the region has seen rapid industrialization. Massive technological advancement, rising population, and increasing disposable incomes could be responsible for boosting the global folding IBCs market in the region. Other prominent regions in the global folding IBCs market are North America, Europe, the Middle East, and Africa. This is because of the constant demand for cost-effective solutions by the industries in these regions.
Global Folding IBCs Market: Competitive Dynamics
The competitors in the global folding IBCs market are competing on the basis of product quality. They are seen coming up with more flexible of products of different dimensions and having various functionalities such as energy saving. To that end, they are experimenting with various kinds of materials. The prominent vendors in the global folding IBCs market are SBH Solutions, Arena Products, Brambles Group, ORBIS Corp, Buckhorn, and Horen Plastics.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.