$6.9bn Opportunity by 2025 in the Bulk Container Packaging Market: Global Key Vendors -LC Packaging, Braid Logistics Australia Ltd., Trust Flexitanks

Global Market Insights, Inc. has launched a report on Bulk Container Packaging Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.

Exponential rise in food & beverages industry mainly in the emerging nations is projected to propel the bulk container packaging market in the forecast period. Increasing food production coupled with the improved supply chain in the sector has resulted in the growth of the food & beverages industry. The product is being preferred as a suitable packaging material to carry out trade activities efficiently. This packaging method provides several benefits including reusability, lightweight, resistance to moisture, increased resilience than the cardboard boxes, etc. which plays significant role in contributing to its rising demand across the globe.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1) LC Packaging
2) BLT Flexitank Industrial Co. Ltd.
3) Gaoqing Anthente Container Package Company Limited
4) Büscherhoff Spezialverpackung GmbH & Co. KG
5) Braid Logistics
6) KriCon
7) Environmental Packaging Technologies, Inc

According to product, bulk container packaging market includes flexitanks, FIBC, and Bulk Container Liners. In 2018, FIBC (flexible intermediate bulk containers) gained the highest share among the product segment. These are industrial packaging containers, produced using woven polypropylene threads. They are intended to transport a variety of dry flowable products, primarily used by the chemical and agricultural industries. It includes products such as fertilizers, sand, starch, grains, beans, seeds, cereal, and peanuts, cement, pigments, plastics, fiberglass, detergents plastics, etc. FIBC are reusable, inexpensive, provide high cost to benefit ratio and possess higher product carrying capacity, (i.e. up to 1 metric ton of material).

Based on application, the bulk container packaging market is divided into food & beverage and chemicals industry. Both dry and liquid products are packaged and transported using bulk containers and thus this packaging method has substituted conventional packaging materials such as plastic bags and corrugated crates. The global food production has risen over the use owing to the increasing use of fertilizers and insecticides.

However, the food grain and processed food wastage during transportation and storage is a constraint to its smooth supply chain operations. The bulk containers minimize such wastage, without reacting with the food products and maximizing the profit. Additionally, growing packaged food demand in the emerging nations of Asia Pacific will drive the bulk container packaging demand in the region. These developments will govern the global bulk container packaging market growth over the forecast period.

In 2018, North America and Asia Pacific attained the major share in the global bulk container packaging market. The food industry in Asia Pacific is growing at an impressive pace, owing to growing food production in the region. Additionally, increased consumer spending capacity in rapidly industrializing nations such as India, China, Thailand, Malaysia and Vietnam has resulted in growing processed food industry, which will require bulk containers at large scale over the forecast time spell.

Partial Chapter of the Table of Content:

Bulk Container Packaging Market, By Product
o Flexitanks
o Flexible intermediate bulk container (FIBC)
o Bulk container liners
Bulk Container Packaging Market Share, By Application
o Food & beverage
o Chemicals
o Others
The above information is provided on a regional and country basis for the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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The bulk container packaging market has the presence of small to large scale manufacturers. BLT Flexitanks is one of the biggest player in the market. Various companies are strategizing to include more sustainable bulk containers to capture growing bioplastics based packaging market in the future.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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