FMI Research report on Intermediate Bulk Containers (IBC) Market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Research conducted by Future Market Insights (FMI) shows that the intermediate bulk container market is expected to register positive growth, with the overall valuation forecast to reach US$ 21 Bn in 2021. Sales registered in the market is expected to rise at 6.8% CAGR between 2021 and 2031.
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"Intermediate bulk containers have emerged as an efficient and relatively economical alternative in bulk packaging applications, over conventional drums. As the packaging industry is accelerating its shift away from plastics and plastic-based composites, the report points to spectacularly increasing demand for paper and paperboard-based intermediate bulk containers," says the report by FMI.
Strong growth in the preference for flexible packaging solutions over rigid counterparts is driving FIBCs (flexible IBCs) to hold a larger value share over RIBCs (rigid IBCs) in intermediate bulk container market
Accounting for an approximate value share of 80%, collectively, food & beverages, industrial chemicals, and building & construction industries remain predominant consumers of intermediate bulk container market
High suitability for transportation and storage of corrosive chemicals is accounting for towering sales of HDPE-bottled RIBCs in intermediate bulk container market
Environmental stress cracking resistance is emerging a vital QA measure for manufacturers of intermediate bulk containers
Top Key Players Covered-
Thielmann US LLC
Schafer Werke Gmbh
Time Technoplast Ltd
International Paper Company
DS Smith Plc
SCHÜTZ GmbH & Co. KGaA
Mauser Packaging Solutions
Berry Global, Inc
Hoover Ferguson Group
Snyder Industries, Inc
Bulk Lift International, Inc
Environment Packaging Technology Inc
Obal Centrum s.r.o
SIA Flexitanks Limited
Paper Intermediate Bulk Containers Gaining Traction in F&B Industry
A majority of intermediate bulk container demand remains concentrated in food & beverages, industrial chemicals, and building & construction industries, as indicated by the study. IBC adoption in F&B industry is however witnessing a higher annual growth rate, says the report.
Paper and paperboard intermediate bulk containers are recently gathering traction in the food and beverages vertical. In addition to economical handling costs, a significantly less filling and discharging time associated with paper intermediate bulk containers is positioning them as an ideal IBC candidate for the F&B industry.
An additional benefit in terms of transporting and warehousing space consumption is also cited as an important factor pushing adoption of paper intermediate bulk containers among food and beverages industry operators.
A variety of RIBCs remain the preferred standard choice for packaging and transportation of bulk chemicals, and paints & dyes, whereas emerging application opportunities in non-hazardous bulk fluid transportation are projected to provide a strong push to the demand for FIBCs – especially flexitanks. The report spots substantial applicability of flexitanks to be arising in segments such as juices, syrups, & other food-grade liquids, wines, and oils.
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Metal & Paperboard
Solid & Semi-Solid
Up to 1,000 Ltr.
1,000 – 1,500 Ltr.
Above 1,500 Ltr.
Up to 500 Kg
501 to 1,000 Kg
1,001 to 1,500 Kg
Above 1,500 Kg
By End Use:
Petroleum & Lubricants
Paints, Inks & Dyes
Food & Beverage
Cosmetic & Personal
Healthcare & Pharmaceuticals
Chemicals & Fertilizers
Food & Agriculture
Building & Construction
Healthcare & Pharmaceuticals
Maturity of Western European Market to Prevail
According to the study, a majority of Europe's intermediate bulk containers demand relies on imports from South Asia. While Western Europe's demand for intermediate bulk containers is on the brink of maturity, the impressively growing acceptance of non-plastic IBC alternatives is posing a significant impact on the growth of Eastern Europe's intermediate bulk container market.
Holding a prominent position in the intermediate bulk containers export scene, South Asian countries - especially India, are projected for an impressive growth outlook in global landscape over the course of coming years. Expanding manufacturing industries, rampant growth of the building & construction vertical, and strong presence of major F&B industry operators are favoring the demand growth of industrial bulk containers market within the region.
India, the world's largest flexible intermediate bulk containers exporter, is poised for over 11% yearly growth in the revenue in 2019. China's nearly US$ 1.4 billion market for intermediate bulk container also continues to demonstrate robust expansion, pushing prospects of East Asia further.
Intermediate bulk container manufacturers are likely to collaborate with shipping companies over the development of tracking-enabled intermediate bulk containers that update precise status of packaged products directly to customers. A few prominent players currently involved in R&D of RFID enabled IBCs include Metano IBC Services, Inc., CHEP (U.S.A.) Inc., and Hoyer Group.
Driven by rapid growth of small scale manufacturing sector worldwide, economic opportunities residing in renting, reconditioning, and refurbishing of RIBCs are projected to attract leading companies as well as retailers and distributors active in intermediate bulk containers market.
Industry giants such as Mondi Group, BP Polymers, Schoeller Allibert, and others continue to augment investments in IBC material innovations and new product launches in intermediate bulk container market.
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