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Folding IBCs Market Growth to Attain New Heights with Advances in Reusable Industrial Packaging

Automotive and mechanical segments to outrun the chemicals segment with a higher growth rate expected during the forecast period.

 

Albany, NY -- (SBWIRE) -- 08/08/2018 -- Denoted by unique features such as sustainability and reusability, intermediate bulk containers (IBCs) find ample usability in bulk transportation of liquids and granules. Additionally, foldable IBCs find increased adoption in shipment and storage of chemicals, drugs, and food ingredients, contributing amply towards the growth of folding IBCs market. To evaluate the implications of ongoing developments on the growth of folding IBCs, Market Research Hub (MRH) has added a new research report titled, "Folding IBCs Market: Global Industry Analysis 2012-2016 and Opportunity Assessment, 2017-2027" to its rich repository.

Increased International Trade Relations Fosters Growth in Folding IBCs Market

To curb packaging waste, companies across industries are adopting unique packaging solutions that offer optimum utilization with minimum waste production. Manufacturers in folding IBC's market are integrating resources to offer improved IBCs in cohesion with industry specificities. Incorporation of apt building materials remains crucial amongst core players in folding IBCs market to offer light weight folding IBCs.

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In a significant development pertaining to folding IBCs market, leading market player, Schoeller Allibert, a stalwart in returnable packaging has recently unleashed its latest offering in line with folding IBCs. The latest addition is christened Combo Fructuse series, designed with improved technologies that render durability and enhanced storage capacities to echo end-user demands and evolving expectations.

Automotive Segment Likely to Spur Revenue Generation in Folding IBCs Market

Elaborate summary of research components compiled in the report enumerate a thorough description of market segments prevailing in folding IBCs market, besides offering a detailed market definition and dynamics. This section of the report highlights type, capacity, application, and packaging content as prime segments in folding IBCs market. Based on type folding IBCs market is differentiated as metal, carbon steel, stainless steel, and plastic. On the basis of capacity, folding IBCs market is classified as up-to 500, 500-1000L, 1000-1500L, and above 1500L. Based on packaging content, folding IBCs market is categorized as liquid, solid, and semi-solid. Based on application, folding IBCs market is split as chemicals, petro products, paints, inks, dyes, food, beverage, automotive, and cosmetics. Detailed description of market segmentation accounted in the report allow readers to gauge the impact of market segments in fostering growth in folding IBCs market, besides allowing readers to identify the segment accounted for maximum revenue generation in folding IBCs market.

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Further, the report also offers a complete description of geographical distribution of folding IBCs market. Based on region, folding IBCs market is fragmented as Europe, North America, Latin America, Asia-Pacific, and Middle East and Africa. Based on regional segmentation, market players can gain firsthand information about various business tactics and tools employed by core players in various regions of folding IBCs market and their corresponding effect on end-user response.

Competitive Landscape: Folding IBCs Market

In-depth research output encompassed in the report enlighten readers about the impact of marketing strategies on end-user preferences and their eventual buying discretion. New market players as well as existing market players in folding IBCs market can facilitate complete analysis of these strategies to obtain critical understanding and perspectives. Based on these perspectives market players can demonstrate pertinent business decisions that trigger sustenance and heightened revenue generation in folding IBCs market.

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