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The global bulk container packaging market is slated to witness considerable returns over the coming years on account of its excessive deployment in chemical, food and beverage industries. The amount of resources being transported throughout the globe is a major indicator of the significance of bulk container packaging. Globalization primarily facilitates the possibilities by distancing manufacturing bases from consumption regions, which creates the need for efficient and safe transport of goods.Data by the US’ Food and Agriculture Organization unveiled that food worth $1 trillion produced for human consumption is wasted each year. The proper implementation of food supply to connect with underprovided regions will generate a huge demand for bulk container liners, FIBC, and flexitanks, thereby boosting bulk container packaging market share over the forecast years.
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Bulk container packaging market is expected to be driven by the burgeoning food demand, globally. The world population is projected to grow to 9.7 billion by the year 2050, while a study suggests that overall food production will need to increase by 25% to 70% between now and 2050. However, according to an article by a leading daily, there exists enough food, but the problem lies in its distribution.
Burgeoning export of products that require bulk container packaging solutions would fuel industry growth. Food and beverages sector is a leading end-user of bulk container packaging. Therefore, increasing export/import of food and beverages will provide substantial momentum to bulk container packaging market growth. For example, the export of agri-food products in the EU has reached €138 billion, demonstrating a 5.1% yearly increase. Such developments will prove highly beneficial for bulk container packaging industry growth in the coming years.
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Increasing government efforts toward food safety could also favor market growth. Recently, the Food Safety and Standards Authority of India announced plans to amend the Food Safety and Standards Act to expand its jurisdiction on the country’s food exports. Bulk container packaging has several advantages including low contamination risks, which implies that it is a safe choice for exporting or importing food materials. The imposition of stringent food safety standards would encourage more food manufacturers to prefer bulk container packaging solutions to transport their products, thereby augmenting global bulk container packaging market share over the ensuing years.
The Asia Pacific market is anticipated to emerge as a strong contender over the coming years, owing to improving trade relationships with other regions. For example, the UAE recently claimed China to be its leading trade partner in non-oil commodities. Additionally, Asia Pacific countries are observing tremendous development as food exporters.
According to Wine Australia, the overall value of wine exports surged by 4% in 2018-2019 in Australia. These developments will play a crucial role in further impelling bulk container packaging market growth in the Asia Pacific region.
Partial Chapter of the Table of Content:
Chapter 2. Executive Summary
2.1. Bulk container packaging industry 360° synopsis, 2014 – 2025
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Bulk Container Packaging Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 - 2025
3.3. Industry ecosystem analysis
3.3.1. Raw material analysis
3.3.2. Profit margin
3.3.3. Value addition
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.3.5.1. List of key raw material suppliers
3.3.5.2. List of key manufacturers/distributors
3.3.5.3. List of potential/existing customers
3.4. Innovation & sustainability
3.4.1. Patent analysis
3.4.2. Technology landscape
3.4.3. Future trends
3.5. Industry impact forces
3.5.1. Growth drivers
3.5.1.1. Superior flexitank characteristics as compared to other counterparts
3.5.1.2. Increasing edible oil export from Southeast Asia
3.5.1.3. Rising wine trade across the globe
3.5.2. Industry pitfalls & challenges
3.5.2.1. Fluctuating feedstock prices
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Growth potential analysis
3.8. Cost structure analysis
3.8.1. R&D cost
3.8.2. Manufacturing & equipment cost
3.8.3. Raw material cost
3.8.4. Distribution cost
3.8.5. Operating cost
3.8.6. Miscellaneous cost
3.9. Competitive landscape, 2018
3.9.1. Company market share analysis, 2018
3.9.2. Brand analysis
3.9.3. Key stakeholders
3.9.4. Strategic dashboard
3.10. Porter’s analysis
3.10.1. Supplier power
3.10.2. Buyer power
3.10.3. Threat of new entrants
3.10.4. Threat of substitutes
3.10.5. Industry rivalry
3.11. PESTEL analysis
Chapter 4. Bulk Container Packaging Market, By Product
4.1. Global bulk container packaging market product insights
4.2. Flexitanks
4.2.1. Market estimates and forecast, 2014 - 2025
4.2.2. Market estimates and forecast by region, 2014 - 2025
4.3. Flexible intermediate bulk container (FIBC)
4.3.1. Market estimates and forecast, 2014 - 2025
4.3.2. Market estimates and forecast by region, 2014 - 2025
4.4. Bulk container liners
4.4.1. Market estimates and forecast, 2014 - 2025
4.4.2. Market estimates and forecast by region, 2014 - 2025
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According to the latest study by Global Market Insights, Inc., bulk container packaging market is anticipated to be worth more than $6.9 billion by the end of 2025.
Contact Info:
Name: Arun Hedge
Email: Send Email
Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/industry-analysis/bulk-container-packaging-market
Release ID: 88902302
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