Deerfield Beach, FL -- (SBWIRE) -- 12/14/2015 -- The Global Bulk Container Packaging market is accounted for $2.8 billion in 2014 and is expected to reach $5.89 billion by 2022 growing at a CAGR of 9.75% during the forecast period 2014 to 2022. High operation & cost efficiency of flexitanks and rising vegetable oil exports are the major factors driving the market growth. Volatile raw material prices are hampering the market growth. Growing commodity exports in BRICS are likely to create opportunities for bulk packaging market. FIBC is the largest segment and flexitanks held a smaller share of the global bulk container packaging market. Flexitanks are multi-layered bulk liquid containers with an external covering of polypropylene and inner layers of polyethylene.

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By volume, Europe is anticipated to witness modest growth for bulk container packaging, due to superior export of wines. However, Asia Pacific will expand at the highest CAGR, due to escalating exports of bulk chemicals to North America and Europe.

The key players in the market include, Braid Logistics, SIA Flexitanks, BLT Flexitank Industrial Co. Ltd., Yunjet Plastic Packaging Co. Ltd., Trans Ocean Bulk Logistics Ltd., Trust Flexitanks, Bulk Liquid Solutions, KriCon, Environmental Packaging Technologies and MY Flexitank (MYF).

Products Covered:

Bulk container liners
Flexitanks
Flexible intermediate bulk containers (FIBC)

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Applications Covered:

Chemicals
Pharmaceuticals
Food & beverages
Others

Regions Covered:

North America
US
Canada
Europe
Germany
France
Italy
UK
Spain
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia
Rest of the World
Latin America
Middle East
Africa
Others