4 trends influencing the bulk container packaging market trends worldwide

Consistent growth in the food and beverage industry in developing countries will bolster the bulk container packaging Market demand over the next few years. The emergence of the food production sector along with its enhanced supply chain management is likely to support bulk trade activities.

Bulk container packaging materials market are mainly utilized for performing trade efficiently. The containers are derived from polymer resins like polyethylene (PE) and polypropylene (PP). Reusability, lightweight, resistance to moisture, higher resilience compared to cardboard boxes, are some of the benefits associated with the product.

Deployment of bioplastic materials in containers has increased the demand for sustainable packaging, owing to various bans and regulations repeatedly imposed on traditional plastic-based packaging substances. Estimates report that the bulk container packaging market size globally is projected to record an annual valuation of USD 6.9 billion by 2025.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/1127

Increased adoption of FIBC across agriculture
The bulk container packaging industry share can be distributed into flexitanks, FIBC, and bulk container liners, based on products. FIBC or flexible intermediate bulk containers are industrial packaging generated from woven polypropylene threads. They garnered the highest market share in 2018.

The containers are used in chemical and agricultural industries for the transport of various dry flowable products like fertilizers, cement, pigments among various others. They can be recycled, are affordable, and offer a high cost to benefit ratio besides rendering higher product carrying capabilities.

Consistent demand across the food industry
Bulk container packaging materials are deployed across the food & beverage and chemical industries, have replaced conventional packaging methods that use plastic bags and corrugated crates. Dry and liquid items can be packaged and commuted with the help of bulk containers.

Key Point of TOC:

Chapter 7. Company Profiles

7.1. BLT Flexitank Industrial Co. Ltd.
7.1.1. Business overview
7.1.2. Financial data
7.1.3. Product landscape
7.1.4. SWOT analysis
7.1.5. Strategic outlook

7.2. Gaoqing Anthente Container Package Company Limited
7.2.1. Business overview
7.2.2. Financial data
7.2.3. Product landscape
7.2.4. SWOT analysis
7.2.5. Strategic outlook

7.3. Büscherhoff Spezialverpackung GmbH & Co. KG
7.3.1. Business overview
7.3.2. Financial data
Continue…

Increments in global food production have urged the constant use of fertilizers and insecticides. Wastages accumulated while transporting and storing processed food and grains obstruct the smooth supply chain of operations. Bulk containers assist to maximize the profits and limit the occurrence of wastages without reacting with the food items.

Asia Pacific to emerge as a promising market
North America and the Asia Pacific registered major revenues in the global bulk container packaging industry in 2018. The expansion of the food sector along with an increased demand for packaged food will drive the consumption of bulk container packaging materials in the developing countries of Asia Pacific.

Also, rising consumer expenditure in emerging countries of India, China, Thailand, Malaysia, and Vietnam has led to higher demand for processed food, further stimulating the adoption of bulk containers in large quantities over the next few years.

Request for customization @ https://www.gminsights.com/roc/1127

Product innovations to boost production
Key players supplying bulk container packaging components can be distinguished as small scale to large scale manufacturers. BLT Flexitanks can be recognized as a leading firm in the market. Manufacturers are also involved in strategies to adopt sustainable bulk containers that promote bioplastics based packaging market.

They are implementing various technologies that can be incorporated for the smooth operativity of the containers. Owing to the production of bulk containers through crude oil from the polymers, varying oil prices may hamper the supply of raw materials during manufacturing processes. This, along with the stalled demand and distribution of the containers due to the coronavirus pandemic, has negatively impeded the industrial growth to some extent.

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.

Contact Us:

Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

This release was published on openPR.