Global Intermediate Bulk Container Market- Market Overview:

The global Intermediate Bulk Container market is expected to grow from USD 22 billion in 2022 to USD 36.9 billion by 2030, at a CAGR of 6.7% during the Projection period 2023-2030. The growth of the Intermediate Bulk Container market is mainly driven by the wide adoption in various industries and expanding global trade

Because of the range of container styles and sizes available at various pricing points, Intermediate Bulk Containers are popular shipping and storage containers in a variety of sectors. The COVID-19 pandemic reduced GDP and industrial activity in most countries, resulting in a decrease in packaging demand. However, a few industrial customers began accumulating purchases of intermediate bulk containers, increasing demand for IBCs. The growing need to reduce the weight of bulk packing around the world, as well as the expansion of the industrial and construction industries, particularly in developing nations, are some of the drivers driving the intermediate bulk container market. The Chemical Industry, Food Industry, Pharmaceutical Industry, Others, and other industries are driving the FIBC (Flexible Intermediate Bulk Container) market internationally. Furthermore, increased government activities that promote simpler commerce and transaction of goods have a favorable impact on the market. The growing popularity of reconditioned and rebottled intermediate bulk containers, on the other hand, provides a challenge to the demand for newly made IBCs. Growing investments in numerous industries, particularly the chemical industry, are a major driver driving up demand for IBCs. According to an analysis by the American Chemistry Council (ACC), the leading trade organization for the US chemical sector, the chemical industry in the US is recovering from an extremely deep but brief recession induced by COVID-19.

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Market Dynamics:

Drivers:                             

• Rising Demand for Industrial Packaging

The growing storage and industrial packaging storage sector as a result of increased international trade and expanding demand for profitable bulk packaging has increased global demand for IBC (Intermediate Bulk Containers). Factors such as increased production and financial benefits from renting IBCs, such as capital savings and rental tax savings, as well as enhanced inventory management, are likely to boost the growth of the IBC (Intermediate Bulk Containers) Market.

Restraints:                                    

• Increasing R&D Prices

The primary factors that hinder and impede the market's growth rate are an increase in the cost of research and development activities and an increase in the fluctuations in raw material costs in the market.

Opportunities:

• Increasing Popularity

The intermediate bulk containers (IBC) industry is enticing with stronger growth prospects than comparable equivalents such as cylinder drums. The growing popularity of intermediate bulk containers due to their environmentally friendly sustainable packaging procedure will greatly contribute to the growth of the intermediate bulk container market. The rising need for intermediate bulk containers in the petrochemical industry may fuel the intermediate bulk container market's rapid expansion. Massive technical advancement and rapid industrialization around the world are likely to generate advantageous prospects for market expansion.

Challenges:

• Popularity of Reconditioned Bulk Containers

The growing popularity of reconditioned and rebottled intermediate bulk containers is putting pressure on demand for freshly made IBCs.

Segmentation Analysis:

The global Intermediate Bulk Container market has been segmented based on product, indication, distribution channel, and region.

By Material

The material segment is metal, corrugated, and plastic. The plastic segment led the largest share of the Intermediate Bulk Container market with a market share of around 38.9% in 2022. IBCs are mostly composed of high-density polyethylene and propylene. Plastic IBCs are lightweight, have a high visual appeal, and have powerful barrier qualities with a high tensile strength. They are also less expensive than metals. One of the most common plastic varieties utilised in the market is intermediate bulk containers made of HDPE material. These IBCs can endure all forms of weather and are thought to be durable and sturdy for storing dangerous chemicals and sensitive substances, particularly in the manufacturing sector. These issues can be attributed to the extensive use of plastic IBCs.

By End-User

The end-user segment is pharmaceuticals, food, chemicals & petroleum, and others. The chemicals & petroleum segment led the largest share of the Intermediate Bulk Container market with a market share of around 41.6% in 2022. The chemical sector's favourable outlook is likely to provide major support to IBC packaging. China, the world's most abundant chemical market, is expected to drive demand. Furthermore, the aggressive rise of the food business in North America has had a direct impact on the increased usage of safe agrochemicals for crop production and growth. Large industrial companies, who rely heavily on Intermediate Bulk Containers, have created ancillary demand for agrochemical packaging. The use of rigid IBCs to transport dangerous and valuable chemicals across large areas of land and water without leakage is growing. These IBCs may also be easily reinforced, which keeps odours at bay.

Global Intermediate Bulk Container Market - Sales Analysis.

The sale of the Intermediate Bulk Container market expanded at a CAGR of 4.1% from 2016 to 2022.

An intermediate bulk container is a ground-breaking container technology with multiple potential applications in a variety of end-use sectors. IBC is a pallet-mounted, reusable, industrial-grade container used to transport and store bulk liquids, powders, and other products. IBC is stackable, which increases space efficiency, and it can be transported with a pallet jack or forklift. As a result, shipping demand is increasing. As of 2021, the United States will be the top market in North America for intermediate bulk containers. The country's strong growth in the pharmaceutical and chemical sectors is fuelling market demand. Furthermore, the expansion in agricultural production and the rise in food processing industries are viewed as critical factors in encouraging the growth of the IBCs industry in the United States.

Some of the world's top chemical producers are headquartered in the United States, including Dow Chemical Company, ExxonMobil, and DuPont. As IBCs are the favored packaging solution in the chemical sector, this contributes to the considerable share in the chemical market. The use of IBC in the pharmaceutical business is expected to grow at a rapid pace throughout the Projection period. This is due in major part to the existence of a significant number of pharmaceutical firms in the United States. Furthermore, the pharmaceutical sector is expanding rapidly as chronic diseases become more prevalent. During the Projection period, this is expected to enhance demand for intermediate bulk containers from the pharmaceutical industry. IBCs are also commonly used in flood control activities throughout the country.

Thus, owing to the aforementioned factors, the global Intermediate Bulk Container market is expected to grow at a CAGR of 6.7% during the Projection period from 2023 to 2030.

By Regional Analysis:

The regions analyzed for the Intermediate Bulk Container market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific region dominated the Intermediate Bulk Container market and held a 38% share of the market revenue in 2022.

• The Asia Pacific region witnessed a major share. This region's biggest markets include Japan, China, and India. Rising industrial investment has been the primary driver of regional market expansion. Because to factors such as the availability of cheap land and labour, the region also fosters the entry of small and medium-sized businesses. Such factors have boosted APAC market expansion even further.
• Europe is anticipated to experience significant growth during the Projection period. The pharmaceutical industry's excellent expansion is propelling the region. Furthermore, the existence of a significant geriatric population in this region is likely to provide excellent growth possibilities for the market due to increased pharmaceutical production and consumption.

Global Intermediate Bulk Container Market - Country Analysis:

• Germany

Germany's Intermediate Bulk Container market size was valued at USD 1.98 billion in 2022 and is expected to reach USD 3.35 billion by 2030, at a CAGR of 6.8% from 2023 to 2030. Germany is expected to be the fastest growing market because customers are more receptive to digital technology as a result of manufacturers' continued efforts to include RFID tags into packaging solutions in this region.

• China

China’s Intermediate Bulk Container market size was valued at USD 2.17 billion in 2022 and is expected to reach USD 3.7 billion by 2030, at a CAGR of 7% from 2023 to 2030. China was the world's biggest chemical exporting country in 2019, with exports totaling USD 74 billion. According to Fuchs Petrolub, China's lubricant market was 7.3 million tonnes in 2019, making it the world's largest lubricant-demanding country.

• India

India's Intermediate Bulk Container market size was valued at USD 1.6 billion in 2022 and is expected to reach USD 2.7 billion by 2030, at a CAGR of 6.9% from 2023 to 2030. During the peak of the COVID-19 outbreak, the governments of India instituted stringent lockdowns. This effectively halted manufacturing for about three months and resulted in a substantial backlog of orders. However, as conditions improve, the economy is in a state of recovery, and output in most APAC countries has improved. This has created a market opportunity for IBC providers to offer on-demand IBCs.

Key Industry Players Analysis:

To increase their market position in the global Intermediate Bulk Container market business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.                        

• Greif, Inc.
• Mauser Packaging Solutions
• Schuetz Container System
• Synder Industries System
• Schafer Werke Gmbh
• DS Smith PLC.
• Mondi
• Thielmann- The Container Company
• Bulk Lift International LLC
• Schoeller Allibert

Latest Development:

• In March 2022, Mauser Packaging Solutions announced the receiving of UN certification for the composite intermediate bulk container manufactured from post-consumer resin.
• In July 2021, SCHAFER Container Systems initiated a partnership with Promitec for serving customers in the Czech Republic and Slovakia and they will be pooling the efforts towards process development and optimization of the agitating task.

Scope of the Report

Global Intermediate Bulk Container Market By Material:

• Metal
• Corrugated
• Plastic

Global Intermediate Bulk Container Market By End-User:

• Pharmaceuticals
• Food
• Chemicals & Petroleum
• Others

Global Intermediate Bulk Container Market By Region:

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
• Asia-Pacific
  • Japan
  • China
  • India
  • Korea
  • Southeast Asia
• South America
  • Brazil
  • Peru
• Middle East and Africa
  • UAE
  • South Africa
  • Saudi Arabia

Political Factors- Because of solid political institutions and frameworks, the market for intermediate bulk container is expanding and evolving. Government stability also allows comparable businesses to expand both locally and abroad. Because of governmental strength and stability, the market is able to maintain efficient and easy business interactions with other nations. Government stability also attracts important sector players' investors, spurring infrastructure growth and improving a country's reputation overseas. High levels of government stability can also attract resources for an industry's overall expansion, which will help overall competitive positioning and market performance. Other stakeholders, such as non-governmental organisations, activist movements, and protest and pressure groups, have a significant impact on international policymaking.

Economical Factors- Economic considerations include the economy's size, performance, labour market conditions, interest rates, consumer disposable income, currency rates, and tax rates. Given regional government spending, consistent demand as a result of disposable income, and increased investment in new industries, global economic performance will remain stable for the next 5 to 10 years. The availability of essential infrastructure has an impact on the market because regional governments have increased their investment in developing critical infrastructure to facilitate and improve the business climate. The intermediate bulk container sector has access to present infrastructure to enable growth. Furthermore, rising unemployment trends will result in less money available for general consumption, which will have an immediate impact on how successfully business players operate.

Social Factor- Social factors include traditions, attitudes toward certain goods and services, health and safety beliefs, culture, societal roles and customs, gender roles, acceptance of an entrepreneurial spirit, demographics, and recreational interests. A highly educated populace is desirable for a variety of reasons, and these aspects will benefit the intermediate bulk container industry. As education levels rise, more clever, skilled, and informed people become available. Furthermore, consumers' awareness of their purchase and consumption behaviours will grow. The sector will gain from its distinct competitive positioning and positioning as it focuses on positive consumption. Furthermore, more knowledgeable consumers will value quality and be aware of what the product claims and gives. This comparison will serve as the foundation for future purchases.

Technological Factors- A solid technological foundation underpins country-by-country analysis. The global technical infrastructure is strong. The pace of technological invention and progress is accelerating. intermediate bulk container markets are progressively adopting technological improvements and innovation to improve business productivity and efficiency. Because all industries have a high pace of innovation, intermediate bulk containermarkets are competitive and forward-thinking. Furthermore, improved technological infrastructure attracts foreign direct investment, which promotes further growth and advancement. As a result, the intermediate bulk container market has a strong competitive advantage in terms of technological breakthroughs, and the company continues to use these advancements and participate in innovation processes to improve its operations and business cycles.

Environmental Factors- Environmental sustainability and recycling are gaining popularity. Consumers are increasingly demanding that things be recycled rather than discarded. There are high standards for trash management and control all throughout the world. The intermediate bulk container market should affiliate with and register with waste management institutions and authorities in order to obey rules, maintain checks, and avoid future complications. Many industry players presently have a controlled and designated system for managing trash and disposing of garbage in an environmentally beneficial manner.

Legal Factors- Among these are employment, antitrust, health and safety, and consumer protection legislation. These elements may have an impact on a company's operations, costs, and product demand. Single-use assembly is controlled by new laws and regulations that must be followed or an organisation or market will collapse unexpectedly. There are strict laws in place to protect employees' health and safety while they are at work. Audits of firms are regularly conducted by reputable organisations and organisations to check the use of safety nets, drills, and other preventative measures. Employee safety and well-being include their physical, emotional, and mental well-being. National regulations force businesses to construct legally binding employment contracts. These agreements have been approved by respected government agencies.

1. Introduction
   • 1. Objectives of the Study
   • 2. Market Definition
   • 3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
   • 1. Porter’s Five Forces Analysis
   • 2. Value Chain Analysis
   • 3. Top Investment Pockets
     • 3.1. Market Attractiveness Analysis By Material
     • 3.2. Market Attractiveness Analysis By End-User
     • 3.3. Market Attractiveness Analysis By Region
   • 4. Industry Trends
5. Market Dynamics
   • 1. Market Evaluation
   • 2. Drivers
     • 2.1. Rising Demand for Industrial Packaging
   • 3. Restraints
     • 3.1. Increasing R&D Prices
   • 4. Opportunities
     • 4.1. Increasing Popularity
   • 5. Challenges
     • 5.1. Popularity of Reconditioned Bulk Containers

6. Global Intermediate Bulk Container Market Analysis and Projection, By Material
   • 1. Segment Overview
   • 2. Metal
   • 3. Corrugated
   • 4. Plastic
7. Global Intermediate Bulk Container Market Analysis and Projection, By End-User
   • 1. Segment Overview
   • 2. Pharmaceuticals
   • 3. Food
   • 4. Chemicals & Petroleum
   • 5. Others  
8. Global Intermediate Bulk Container Market Analysis and Projection, By Regional Analysis
   • 1. Segment Overview
   • 2. North America
     • 2.1. U.S.
     • 2.2. Canada
     • 2.3. Mexico
   • 3. Europe
     • 3.1. Germany
     • 3.2. France
     • 3.3. U.K.
     • 3.4. Italy
     • 3.5. Spain
   • 4. Asia-Pacific
     • 4.1. Japan
     • 4.2. China
     • 4.3. India
   • 5. South America
     • 5.1. Brazil
   • 6. Middle East and Africa
     • 6.1. UAE
     • 6.2. South Africa

9. Global Intermediate Bulk Container Market-Competitive Landscape
   • 1. Overview
   • 2. Market Share of Key Players in the Intermediate Bulk Container Market
     • 2.1. Global Company Market Share
     • 2.2. North America Company Market Share
     • 2.3. Europe Company Market Share
     • 2.4. APAC Company Market Share
   • 3. Competitive Situations and Trends
     • 3.1. Technology Launches and Developments
     • 3.2. Partnerships, Collaborations, and Agreements
     • 3.3. Mergers & Acquisitions
     • 3.4. Expansions

10. Company Profiles
    • Greif, Inc.
      • 1.1. Business Overview
      • 1.2. Company Snapshot
      • 1.3. Company Market Share Analysis
      • 1.4. Company Technology Portfolio
      • 1.5. Recent Developments
      • 1.6. SWOT Analysis
    • Mauser Packaging Solutions
      • 2.1. Business Overview
      • 2.2. Company Snapshot
      • 2.3. Company Market Share Analysis
      • 2.4. Company Technology Portfolio
      • 2.5. Recent Developments
      • 2.6. SWOT Analysis
    • Schuetz Container System
      • 3.1. Business Overview
      • 3.2. Company Snapshot
      • 3.3. Company Market Share Analysis
      • 3.4. Company Technology Portfolio
      • 3.5. Recent Developments
      • 3.6. SWOT Analysis
    • Synder Industries System
      • 4.1. Business Overview
      • 4.2. Company Snapshot
      • 4.3. Company Market Share Analysis
      • 4.4. Company Technology Portfolio
      • 4.5. Recent Developments
      • 4.6. SWOT Analysis
    • Schafer Werke Gmbh
      • 5.1. Business Overview
      • 5.2. Company Snapshot
      • 5.3. Company Market Share Analysis
      • 5.4. Company Technology Portfolio
      • 5.5. Recent Developments
      • 5.6. SWOT Analysis
    • DS Smith PLC.
      • 6.1. Business Overview
      • 6.2. Company Snapshot
      • 6.3. Company Market Share Analysis
      • 6.4. Company Technology Portfolio
      • 6.5. Recent Developments
      • 6.6. SWOT Analysis
    • Mondi
      • 7.1. Business Overview
      • 7.2. Company Snapshot
      • 7.3. Company Market Share Analysis
      • 7.4. Company Technology Portfolio
      • 7.5. Recent Developments
      • 7.6. SWOT Analysis
    • Thielmann- The Container Company
      • 8.1. Business Overview
      • 8.2. Company Snapshot
      • 8.3. Company Market Share Analysis
      • 8.4. Company Technology Portfolio
      • 8.5. Recent Developments
      • 8.6. SWOT Analysis
    • Bulk Lift International LLC
      • 9.1. Business Overview
      • 9.2. Company Snapshot
      • 9.3. Company Market Share Analysis
      • 9.4. Company Technology Portfolio
      • 9.5. Recent Developments
      • 9.6. SWOT Analysis
    • Schoeller Allibert
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis

List of Table

1. Global Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
2. Global Metal, Intermediate Bulk Container Market, By Region, 2023–2030 (USD Billion)
3. Global Corrugated, Intermediate Bulk Container Market, By Region, 2023–2030 (USD Billion)
4. Global Plastic, Intermediate Bulk Container Market, By Region, 2023–2030 (USD Billion)
5. Global Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
6. Global Pharmaceuticals, Intermediate Bulk Container Market, By Region, 2023–2030 (USD Billion)
7. Global Food, Intermediate Bulk Container Market, By Region, 2023–2030 (USD Billion)
8. Global Chemicals & Petroleum, Intermediate Bulk Container Market, By Region, 2023–2030 (USD Billion)
9. Global Others, Intermediate Bulk Container Market, By Region, 2023–2030 (USD Billion)
10. Global Intermediate Bulk Container Market, By Region, 2023–2030 (USD Billion)
11. North America Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
12. North America Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
13. USA Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
14. USA Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
15. Canada Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
16. Canada Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
17. Mexico Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
18. Mexico Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
19. Europe Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
20. Europe Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
21. Germany Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
22. Germany Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
23. France Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
24. France Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
25. UK Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
26. UK Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
27. Italy Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
28. Italy Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
29. Spain Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
30. Spain Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
31. Asia Pacific Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
32. Asia Pacific Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
33. Japan Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
34. Japan Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
35. China Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
36. China Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
37. India Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
38. India Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
39. South America Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
40. South America Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
41. Brazil Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
42. Brazil Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
43. Middle East and Africa Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
44. Middle East and Africa Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
45. UAE Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
46. UAE Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)
47. South Africa Intermediate Bulk Container Market, By Material, 2023–2030 (USD Billion)
48. South Africa Intermediate Bulk Container Market, By End-User, 2023–2030 (USD Billion)

List of Figures 

1. Global Intermediate Bulk Container Market Segmentation
2. Intermediate Bulk Container Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Intermediate Bulk Container Market Attractiveness Analysis By Material
9. Global Intermediate Bulk Container Market Attractiveness Analysis By End-User
10. Global Intermediate Bulk Container Market Attractiveness Analysis By Region
11. Global Intermediate Bulk Container Market: Dynamics
12. Global Intermediate Bulk Container Market Share By Material (2023 & 2030)
13. Global Intermediate Bulk Container Market Share By End-User (2023 & 2030)
14. Global Intermediate Bulk Container Market Share by Regions (2023 & 2030)
15. Global Intermediate Bulk Container Market Share by Company (2021)