Press release
Bulk Container Packaging Market 2020 Business Insights and Global Outlook - Greif Inc., Bemis Company Inc. TechnipFMC, Braid Logistics
Bulk Container Packaging Market
The report presents an in-depth assessment of the Global Bulk Container Packaging including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Bulk Container Packaging investments from 2020 till 2025.
The bulk container packaging market was valued at USD 3.65 billion, in 2019, and is expected to reach a value of USD 6.41 billion, by 2025, at a CAGR of 9.87%, over the forecast period, 2020-2025.
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The Global Bulk Container Packaging market is highly competitive and consists of a number of major players. Companies, like Greif Inc., Bemis Company Inc. TechnipFMC, Braid Logistics, National Bulk Equipment, Signode Industrial Group, Mondi Group, Bermis Company Inc among others.
Scope of the Report
A bulk container is designed to store and transport bulk liquid and granulated substances, such as food ingredients, solvents, chemicals, and pharmaceuticals, among others in large quantities. Bulk container packages are transported in a range of vehicles, from humongous cargo ships to even super long monster truck trailers.
Latest news and developments:
December 17, 2018 - Mauser Packaging Solutions, a global leader in solutions and services across the packaging lifecycle, has launched the first medical waste container made of 100% recycled plastics generated from post-consumer packaging waste. The innovative concept has been awarded the 3rd prize in the 2018 NENnovation Award presented by the Dutch Standardization Institute NEN. The new WIVA Infinity Container combines the superior protection and handling of specific healthcare risk waste with the environmental benefits of using recycled plastic resin. Made of 100% recycled plastics, users in hospitals, clinics, laboratories, practices, nursing homes and pharmacies can expect a reduced CO2 footprint of over 50% with the new containers compared to those made of virgin plastic material.
February 27, 2020: Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, announced that it has entered into a definitive agreement to sell its Consumer Packaging Group ("CPG") business for $85 million in cash to Graphic Packaging Holding Company (NYSE: GPK). Greif expects to use the proceeds for debt repayment. Greif's CPG business consists of seven converting facilities that manufacture folding cartons for consumer packaged goods businesses. Subject to the satisfaction of customary closing conditions, the companies expect to complete the transaction by March 31st, 2020.
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Key Market Trends:
Drums Hold a Significant Share in the Bulk Container Packaging Market
- Drums are cylindrical containers used for the shipping of bulk cargo. They are often certified for the shipment of dangerous goods that are substances, solids, liquids, or gases that can harm people.
- Dangerous goods include materials that are radioactive, flammable, explosive, corrosive, oxidizing, asphyxiating, biohazardous, toxic, pathogenic, or allergenic, such as ammonia, hydrogen, etc. Therefore, increasing the shipments and trade of these hazardous goods will drive the use of bulk drums.
- Moreover, innovations regarding materials are also transforming the drum (barrel) containers market in the region. For instance, majorly used in transporting hazardous goods, drums made of steel prove to be more beneficial. This is because, steel is durable and reliable, and performs well in both cold and hot temperatures and is fire-resistant. This makes it an ideal match for drums containing combustible or flammable materials. Steel barrels are also economical and environment-friendly.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/01091745516/bulk-container-packaging-market-growth-trends-and-forecast-2020-2025?Source=Openpr&Mode=R15
The key insights of the Bulk Container Packaging Market report:
The report provides key statistics on the market status of the Bulk Container Packaging market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Bulk Container Packaging market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2025 market development trends of Bulk Container Packaging Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Bulk Container Packaging Industry before evaluating its feasibility.
Finally, Bulk Container Packaging Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Bulk Container Packaging industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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