Bulk Container Packaging Market 2026 Comprehensive Study Explores Huge Growth in Future and Worldwide Key Players:New Century Packaging Systems, LLC, Environmental Packaging Technologies

Global Bulk Container Packaging Market is accounted for $2.83 billion in 2017 and is expected to reach $7.49 billion by 2026 growing at a CAGR of 11.4%. Some of the key factors influencing the market growth include raised demand in the oil and petroleum industry, increasing exportation of vegetable oil from Southeast Asia and growing use of flexitank for the transportation of non-hazardous chemicals and food ingredients. However, cost fluctuation of raw materials is restricting the market growth.

Some of the key players in the global market include New Century Packaging Systems, LLC, Environmental Packaging Technologies, C.L. Smith Co., Braid Logistics, Winpak Ltd., Trans Ocean Bulk Logistics Ltd., BAG Corp., Snyder Industries, Inc., Jumbo Bag Corporation, Hoover Ferguson Group, Mauser Group B.V., Container Handling Systems Corporation, HBD Thermoid, Inc., Meyer Industries Limited and FMC Technologies, Inc.

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Bulk container packaging includes products used for bulk or high volume packaging. These are transported in containers via road, sea or railways. Transportation plays the key role in the supply chain operations, as it allows the movement of goods from the place where it is manufactured, to the place where it is ordered. Globalization generates favorable circumstances by keeping manufacturing bases distant from consumption regions.

Amongst applications, Food and beverage sector has witnessed the significant growth during the forecast period. The demand for food has witnessed a huge increase from the growing population base and growing consumer spending over beverages such as tea, coffee, wine, juice, are considerably fueled the market growth. By Geography, Asia-Pacific is expected to have the highest growth rate during the forecast period. The rising population in India and China has led to an exponential increase in imports of food and beverage and along with changing lifestyles and growing disposable income has led to the raised consumption of fruit juices, beer, wine, etc. that requires safe packaging for long distance transportation.

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Product Types Covered:
-Bulk Container Liners
-Flexitanks
-Material Handling Containers
-Drums
-Pails
-Bulk Containers
-Other Product Types

End Users Covered:
-Durable Goods
-Petroleum and Lubricants
-Chemicals and Pharmaceuticals
-Agricultural and Horticultural Products
-Food & Beverage
-Industrial Chemicals
-Paints, Inks & Dyes
-Other End Users

Material Types Covered:
-Metals
-Plastics
-Other Material Types

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Posted by on Tuesday May 26 2020, 5:59 AM EDT. All trademarks acknowledged. Filed under Business Services, Featured Press Release, Software & Services, Technology Hardware & Equipment, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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