Sarasota, FL -- (SBWIRE) -- 12/13/2016 -- Global Bulk Container Packaging (Flexitanks, FIBC and Bulk Container Liners) Market for Food & Beverages, Chemicals, Pharmaceuticals and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2022
The report covers forecast and analysis for the bulk container packaging market on a global and regional level. According to the report, global demand for bulk container packaging market was valued at USD 2427.00 Million in 2014, and is expected to generate revenue of USD 5035.00 million by end of 2022, growing at a CAGR of slightly above 9.5% between 2015 and 2022.The study includes drivers and restraints for the bulk container packaging market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the bulk container packaging market on a global level.
In order to give the users of this report a comprehensive view on the bulk container packaging market. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the bulk container packaging market has also been included. The study encompasses a market attractiveness analysis, wherein product segments and application segments are benchmarked based on their market size, growth rate and general attractiveness.
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The bulk container packaging market is mainly driven by high operational performance and cost efficiency offered by flexitanks. Rising exports of wine from Europe and vegetable oil from Southeast Asia is expected to fuel the bulk container packaging market in the near future. However, volatility in prices of polypropylene and polyethylene may pose challenge to the market growth in the near future. Moreover, the rising commodity trade in BRICS nations is projected to open new growth opportunities for bulk container packaging in the years to come.
The bulk container packaging market is segmented on the basis of different products including flexitanks, flexible intermediate bulk containers (FIBC) and bulk container liners. In 2014, FIBC product was the largest segment in term of revenue. This segment is expected to continue its dominance in global market throughout the forecast period. A bulk container liner was another key outlet for bulk container packaging market, which accounted for around 32% share of overall market in 2014.
Various application segments of bulk container packaging market include food & beverages, chemicals, pharmaceuticals and other. In terms of revenue, chemicals was leading segment in bulk container packaging market and it accounted for over 47% market share of total market in 2014. The food & beverages was second largest segment of bulk container packaging in 2014. Pharmaceutical is expected to witness grow at sluggish rate in the near future.
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Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. North America acquired the majority of share bulk container packaging market in 2014 and accounted for over 28% of the overall market. North America followed by Europe and Asia Pacific in terms of demand for bulk container packaging. In terms of revenue, Asia Pacific was predicted to be the fastest growing region in the forecast period. Europe is expected to grow at a moderate rate owing to the changing global chemical exports development.
The study provides a decisive view on the bulk container packaging market by segmenting the market based on products, applications and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2022. Based on products the market is segmented into flexitanks, flexible intermediate bulk containers (FIBC) and bulk container liners. Key application market covered under this study includes food & beverages, chemicals, pharmaceuticals and other. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for bulk container packaging based on individual applications in all the regions and countries.
The report also includes detailed profiles of end players such as B.A.G Corp, Jumbo Bag Corporation, United Bags,Inc., Intertape Polymer Group, Boxon Group, AmeriGlobe LLC, Codefine, Bulk Handling Australia (BHA), Filling & Packing Materials Manufacturing Co.(FIPCO), Syn-Tex Bag, Flexituff International, Big Bags International Private Limited.
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This report segments the global bulk container packaging market as follows:
Global Bulk Container Packaging Market: Product Segment Analysis
Bulk Container Liners
Global Bulk Container Packaging Market: Application Segment Analysis
Food & Beverages
Global Bulk Container Packaging Market: Regional Segment Analysis
Middle East and Africa
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