In this report, the Global Plastic Rigid IBC market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Plastic Rigid IBC market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.
An intermediate bulk container (or IBC) is a pallet mounted, industrial grade reusable container that is used for storing and transporting bulk liquids and powders. Also known as a tote, the IBC is capable of stacking and can be moved by a pallet jack or forklift.
A “plastic rigid intermediate bulk container” or “IBC” is a rigid, self-standing vessel, lined or unlined, made from polymeric material. The typical volume is at least 119 gallons but not more than 793 gallons. IBCs are used to transport various liquid or solid products, including products identified as “hazardous materials” or “dangerous goods”.
Plastic rigid IBCs are used in the food and beverage end use sector to store and transport bulk food products and various beverages across long distances from the manufacturing units. This end use category has seen a rise in demand for plastic rigid IBCs in the recent years. The food and beverage end use segment is expected to show a high pace with respect to use plastic rigid IBCs in the coming years and projected to register a high healthy CAGR of 6.2% duringthe forecast period.
Market Analysis and Insights: Global Plastic Rigid IBC Market
In 2019, the global Plastic Rigid IBC market size was US$ 2600.3 million and it is expected to reach US$ 3980.4 million by the end of 2026, with a CAGR of 6.2% during 2021-2026.
Global Plastic Rigid IBC Scope and Market Size
Plastic Rigid IBC market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Plastic Rigid IBC market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Plastic Rigid IBC market is segmented into
HDPE Rigid IBC
LLDPE Rigid IBC
LDPE Rigid IBC
Segment by Application, the Plastic Rigid IBC market is segmented into
Regional and Country-level Analysis:
Rest of Asia-Pacific
Rest of Europe
Rest of Latin America
Middle East & Africa
Rest of MEA
Competitive Landscape and Plastic Rigid IBC Market Share Analysis
Plastic Rigid IBC market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Plastic Rigid IBC product introduction, recent developments, Plastic Rigid IBC sales by region, type, application and by sales channel.
The major companies include:
ZhenJiang JinShan Packing Factory
Time Technoplast Limited
Hoover Ferguson Group
Shanghai Fujiang Plastic Industry Group
Reasons to Buy This Research Report
- Complete access to Global Plastic Rigid IBC market size, growth rate and forecast to 2026
- In-depth quantitative information on key regional Global Plastic Rigid IBC markets including North America, Europe, MEA and Asia Pacific
- Global Plastic Rigid IBC Market estimates and forecasts for key products/applications on a regional basis
- Facility to obtain country level information for complete Global Plastic Rigid IBC market segmentation
- Key trends, drivers and restraints for global Global Plastic Rigid IBC market
- Challenges to market growth for Global Plastic Rigid IBC manufacturers
- Key market opportunities of Global Plastic Rigid IBC Industry
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